Global Anorexiants
Market Report
2024
The global Anorexiants market size is USD 951.2 million in 2024. The Increasing awareness and diagnosis of obesity-related health issues is expected to boost sales to USD 1356.38 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.20% from the year 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Anorexiants market size will be USD 951.2 million in 2024. It will grow at the compound annual growth rate (CAGR) of 5.20% from the year 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Anorexiants Market Sales Revenue 2024 | $ 951.2 Million |
Global Anorexiants Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
North America Anorexiants Market Sales Revenue 2024 | $ 380.48 Million |
North America Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
United States Anorexiants Sales Revenue 2024 | $ 300.2 Million |
United States Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Canada Anorexiants Sales Revenue 2024 | $ 45.66 Million |
Canada Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Mexico Anorexiants Sales Revenue 2024 | $ 34.62 Million |
Mexico Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.9% |
Europe Anorexiants Market Sales Revenue 2024 | $ 285.36 Million |
Europe Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
United Kingdom Anorexiants Sales Revenue 2024 | $ 47.94 Million |
United Kingdom Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.5% |
France Anorexiants Sales Revenue 2024 | $ 26.25 Million |
France Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.9% |
Germany Anorexiants Sales Revenue 2024 | $ 56.5 Million |
Germany Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.9% |
Italy Anorexiants Sales Revenue 2024 | $ 24.54 Million |
Italy Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.1% |
Russia Anorexiants Sales Revenue 2024 | $ 44.23 Million |
Russia Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.7% |
Spain Anorexiants Sales Revenue 2024 | $ 23.4 Million |
Spain Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.8% |
Rest of Europe Anorexiants Sales Revenue 2024 | $ 44.23 Million |
Rest of Europe Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.4% |
Asia Pacific Anorexiants Market Sales Revenue 2024 | $ 218.78 Million |
Asia Pacific Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
China Anorexiants Sales Revenue 2024 | $ 98.45 Million |
China Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Japan Anorexiants Sales Revenue 2024 | $ 30.19 Million |
Japan Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Korea Anorexiants Sales Revenue 2024 | $ 21.88 Million |
Korea Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
India Anorexiants Sales Revenue 2024 | $ 26.25 Million |
India Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
Australia Anorexiants Sales Revenue 2024 | $ 11.38 Million |
Australia Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.9% |
Rest of APAC Anorexiants Sales Revenue 2024 | $ 15.53 Million |
Rest of APAC Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
South America Anorexiants Market Sales Revenue 2024 | $ 47.56 Million |
South America Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Brazil Anorexiants Sales Revenue 2024 | $ 20.36 Million |
Brazil Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Argentina Anorexiants Sales Revenue 2024 | $ 7.99 Million |
Argentina Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Colombia Anorexiants Sales Revenue 2024 | $ 4.23 Million |
Colombia Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Peru Anorexiants Sales Revenue 2024 | $ 3.9 Million |
Peru Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Chile Anorexiants Sales Revenue 2024 | $ 3.42 Million |
Chile Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Rest of South America Anorexiants Sales Revenue 2024 | $ 7.66 Million |
Rest of South America Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Middle East and Africa Anorexiants Market Sales Revenue 2024 | $ 19.02 Million |
Middle East and Africa Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Turkey Anorexiants Sales Revenue 2024 | $ 1.64 Million |
Turkey Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Nigeria Anorexiants Sales Revenue 2024 | $ 2 Million |
Nigeria Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Egypt Anorexiants Sales Revenue 2024 | $ 2 Million |
Egypt Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
South Africa Anorexiants Sales Revenue 2024 | $ 3.01 Million |
South Africa Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
GCC Countries Anorexiants Sales Revenue 2024 | $ 8.14 Million |
GCC Countries Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Rest of MEA Anorexiants Sales Revenue 2024 | $ 2.24 Million |
Rest of MEA Anorexiants Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.9% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Drug Class |
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Market Split by Route of Administration |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Anorexiants Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The anorexiants market encompasses medications designed to suppress appetite and aid in weight management, primarily for individuals struggling with the obesity or overweight conditions. These drugs work by changing neurotransmitter levels in the brain to reduce hunger and, thereby, assist in caloric intake control. The market includes both prescription medications and over-the-counter options, catering to a growing global population increasingly focused on weight management and obesity prevention. Key players in the market develop innovative solutions to address the rising prevalence of obesity-related health issues such as diabetes and cardiovascular diseases. Market dynamics are influenced by regulatory approvals, evolving safety standards, and competitive pressures from alternative weight loss methods.
June 2024: Roche Pharmaceuticals introduced two advanced analytical units, namely, cobas c 703 along cobas ISE neo, for cobas pro integrated solutions in CE-compliant countries. The cobas c 703 and cobas ISE neo analytical instruments offer cutting-edge capabilities that help diagnostic laboratories throughout the world overcome substantial challenges, such as a shortage of skilled personnel and limited space. (Source:https://diagnostics.roche.com/global/en/c/cobas-c-703-and-cobas-ise-neo-analytical-units.html )
One key driving factor for the anorexiant market is the rising global obesity rates and the associated health risks, such as diabetes, cardiovascular diseases, and hypertension. As the prevalence of obesity increases, there is a surging demand for the effective weight management solutions. Anorexiants, which suppress appetite and aid in weight loss, are becoming increasingly popular among healthcare providers and patients. The societal shift towards healthier lifestyles and the medical community's focus on preventative care also contribute to the market's growth, as more individuals seek pharmaceutical assistance to combat obesity and its related health issues.
Innovations in pharmaceutical research have led to the creation of more effective and safer anorexiants with lesser side effects and better patient outcomes. Regulatory bodies, like the FDA and EMA, have also been more receptive to approving new weight-loss medications, given the urgent need to address the obesity epidemic. These advancements not only improve the efficacy and safety profiles of anorexiants but also boost consumer confidence and physician willingness to prescribe these medications, thereby expanding the market.
Anorexiants, which are appetite suppressants used primarily for weight loss, often come with risks such as cardiovascular issues, psychological effects like anxiety and depression, and the potential for abuse and dependency. These side effects can deter both patients and healthcare providers from choosing anorexiants as a treatment option. Additionally, stringent regulatory approvals and ongoing scrutiny from health authorities further limit their availability and widespread adoption. The safety concerns are compounded by the need for long-term studies to understand the full impact of these drugs, leading to hesitation in their prescription and use. Consequently, the market growth for anorexiants is hindered by these health and regulatory challenges, pushing both developers and consumers to consider alternative weight management solutions.
The COVID-19 pandemic has had a mixed impact on the anorexiants market. On the one hand, the pandemic heightened concerns about obesity and related health issues, potentially increasing demand for weight management solutions, including anorexiants. On the other hand, the pandemic led to disruptions in healthcare services, including elective treatments and non-essential prescriptions, causing delays and reduced access to anorexiants. Additionally, increased focus on mental health during the pandemic raised awareness about the potential psychological side effects of anorexiants, leading to more cautious use. Supply chain interruptions and economic uncertainties also affected the production and distribution of these drugs.
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The anorexiants market is competitive, with key players focusing on innovation and safety. Major pharmaceutical companies vie for market share by developing advanced formulations and addressing side effects. Regulatory scrutiny and the rise of alternative weight loss methods also shape the competitive dynamics, influencing market strategies and growth.
June 2023: Novo Nordisk expanded its obesity drug portfolio by launching a new high-dose formulation of an existing anorexiant in the U.S., enhancing its therapeutic offerings. (Source:https://www.novonordisk.com/news-and-media/news-and-ir-materials/news-details.html?id=167030) February 2024: Arena Pharmaceuticals entered a strategic partnership with a digital health company to integrate personalized medicine approaches in anorexiant treatment plans. (Source:https://www.pfizer.com/news/press-release/press-release-detail/pfizer-completes-acquisition-arena-pharmaceuticalshttps://ir.tevapharm.com/news-and-events/press-releases/press-release-details/2024/Teva-Announces-Launch-of-Authorized-Generic-of-Victoza-liraglutide-injection-1.8mg-in-the-United-States/default.aspx) March 2024: Teva Pharmaceuticals announced a joint venture with a healthcare provider to improve the distribution and accessibility of their anorexiant products across Europe. (Source:https://ir.tevapharm.com/news-and-events/press-releases/press-release-details/2024/Teva-and-Jiangsu-Nhwa-Forge-Strategic-Partnership-to-Promote-Patient-Access-to-AUSTEDO-in-China/default.aspxhttps://ir.tevapharm.com/news-and-events/press-releases/press-release-details/2024/Teva-Announces-Launch-of-Authorized-Generic-of-Victoza-liraglutide-injection-1.8mg-in-the-United-States/default.aspx)
Top Companies Market Share in Anorexiants Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in the year 2024. It accounted for around 40% of global revenue due to high obesity rates, advanced healthcare infrastructure, and significant investment in the research and development. Regulatory frameworks support new drug approvals, and a large consumer base with access to healthcare services drives demand for weight management solutions in the region.
Asia Pacific stands out as the fastest-growing region in the Anorexiants market due to increasing obesity rates, rising health awareness, and expanding healthcare infrastructure. Economic growth in the region also drives greater access to weight management treatments while improving regulatory environments and increasing disposable incomes to further accelerate market expansion.
The current report Scope analyzes Anorexiants Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Anorexiants market size was estimated at USD 951.2 Million, from which North America held the majority market of more than 40% of global revenue with the market size of USD 380.48 million in 2024 and will rise at the compound annual growth rate (CAGR) of 3.4% from the year 2024 to 2031.
According to Cognitive Market Research, the global Anorexiants market size was estimated at USD 951.2 Million, from which Europe held the market of more than 30% of global revenue with the market size of USD 385.2 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 3.7% from the year 2024 to 2031.
According to Cognitive Market Research, the global Anorexiants market size was estimated at USD 951.2 Million, from which Asia Pacific held the market of around 23% of global revenue with the market size of USD 347.2 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 7.2% from the year 2024 to 2031.
According to Cognitive Market Research, the global Anorexiants market size was estimated at USD 951.2 Million, from which the Latin America market has more than 5% of global revenue with the market size of USD 71.9 million in the year the year 2024 and will rise at the compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. .
According to Cognitive Market Research, the global Anorexiants market size was estimated at USD 951.2 Million, from which the Middle East and Africa held the majority market of around 2% of the global revenue with the market size of USD 28.5 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 4.9% from 2024 to 2031..
Global Anorexiants Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Anorexiants Industry growth. Anorexiants market has been segmented with the help of its Drug Class, Route of Administration Distribution Channel, and others. Anorexiants market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Anorexiants Market?
According to Cognitive Market Research, catecholamines stand out as the dominant category over the projected period due to their effectiveness in suppressing appetite by increasing neurotransmitter levels like norepinephrine and dopamine. Their well-established efficacy in weight management and long-standing clinical use contribute to their leading position despite concerns over potential side effects and regulatory scrutiny.
Serotonin is the fastest-growing category in the Anorexiants market due to its effectiveness in appetite suppression and mood regulation, which enhances compliance and results. Their ability to target specific neurotransmitter systems minimizes side effects compared to other options, making them increasingly popular in the market for weight management and obesity treatment.
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According to Cognitive Market Research, the dominant category is oral administration due to its ease of use, convenience, and patient compliance. Oral tablets and capsules offer a non-invasive, straightforward method for delivering medication, which enhances adherence and allows for consistent, controlled dosage, making it the preferred route for both patients and healthcare providers.
The fastest-growing category in the Anorexiants market is subcutaneous administration due to its ease of use, minimal invasiveness, and enhanced patient compliance. This delivery method allows for convenient self-administration, which improves treatment adherence and effectiveness. Additionally, it offers more stable drug absorption compared to oral or intravenous methods, driving its increasing popularity.
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According to Cognitive Market Research, the dominant category is online pharmacy, by offers convenient access, discreet purchasing options, and often lower prices compared to brick-and-mortar stores. They capitalize on the growing trend of e-commerce and telemedicine, making it easier for consumers to obtain anorexiants while navigating regulatory and privacy concerns.
The fastest-growing category in the Anorexiants market is retail pharmacy due to increased consumer preference for convenient access to medications. Enhanced patient awareness, the availability of over-the-counter anorexiants, and growing retail pharmacy chains drive this growth. Retail settings offer easy access and personalized services, making them a preferred choice for weight management solutions.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Drug Class | Catecholamines, Serotonin |
Route of Administration | Oral, Subcutaneous |
Distribution Channel | Online Pharmacy, Retail Pharmacy, Hospital Pharmacy |
List of Competitors | Akrimax Pharmaceuticals LLC, Janssen Ortho LLC, Roche Pharmaceuticals, Teva Pharmaceuticals, Arena Pharmaceuticals GmbH, Abbott Pharmaceuticals PR Ltd, Epic Pharma LLC., Novo Nordisk A/S, Patheon Pharmaceuticals Inc., Recordati Rare Diseases Inc., Catalent Pharma Solutions LLC, MOVA Pharmaceuticals |
This chapter will help you gain GLOBAL Market Analysis of Anorexiants. Further deep in this chapter, you will be able to review Global Anorexiants Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Drug Class Analysis 2019 -2031, will provide market size split by Drug Class. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Drug Class Analysis 2019 -2031
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Chapter 11 Market Split by Route of Administration Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Anorexiants market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Catecholamines have a significant impact on Anorexiants market? |
What are the key factors affecting the Catecholamines and Serotonin of Anorexiants Market? |
What is the CAGR/Growth Rate of Oral during the forecast period? |
By type, which segment accounted for largest share of the global Anorexiants Market? |
Which region is expected to dominate the global Anorexiants Market within the forecast period? |
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