Europe Diet Pills Market to Reach USD 1,411.1 Million with 24.9% by 2028
The Europe diet pills market size was USD 237.1 million in 2020. The market is projected to grow from USD 297.1 million in 2021 to USD 1,411.1 million in 2028 at a CAGR of 24.9% in the 2021-2028 period. This information is published by Fortune Business Insights™ in its report titled, “Europe Diet Pills Market, 2021-2028.” As per our researchers, in terms of the occurrence of obesity at an international level, Europe ranks second as compared to the United States. This robust trend of obesity, which is anticipated to grow in the region, has resulted in additionalworries that obesity can act like an epidemic in the region.
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Moreover, obesity contains numerous adverse repercussions, such as an augmentedbudget load on the healthcare structure of the European region. This has resulted inanxieties that rising levels of obesity maylead to a public health disaster in Europe. Therefore, there has been a sturdy riseinadministrative health programsconducted by the government in order to tackle the issue of obesity in the region. Thus, such improvements are anticipated to robustly contribute to the growth of the market during the mentioned timeframe.
Reduction in Hospital Appointments amid COVID-19 to DeclineEuropean Market Growth
The COVID-19 pandemic has restricted the growth of the marketas the government officials implementedstringent lockdown norms combined with the fear in people’s minds regarding being infected by the novel coronavirus. These drops in hospital visits in Europe haveresulted in a reduction in the number of freshdrug prescriptions for weight loss, which has shown further consequences ofdecreased market growth in 2020.
Nevertheless, the robustimplementation of online pharmacies insignificant countries such as the United Kingdom and Germany for recurrence prescription restocks has prohibited the CAGR of the year 2020 from being in negative numbers. Moreover, sustained adoption of OTC diet pills in 2020 has also prevented a more pronounced negative impact.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessins....ights.com/europe-die
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