PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1833409
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1833409
The Global Anorexiants Market was valued at USD 1.07 billion in 2024 and is estimated to grow at a CAGR of 5.2% to reach USD 1.75 billion by 2034.
The global rise in obesity and overweight populations is one of the primary drivers of the anorexiants market. As lifestyle diseases like type 2 diabetes, hypertension, and cardiovascular diseases become more prevalent, demand for weight management drugs, including anorexiants, continues to grow.
Market Scope | |
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Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $1.07 Billion |
Forecast Value | $1.75 Billion |
CAGR | 5.2% |
Rising Adoption of CNS Stimulants
The CNS stimulants segment generated significant revenues in 2024, driven by appetite suppression and weight management. Medications in this category, like phentermine and diethylpropion, work by increasing dopamine and norepinephrine levels in the brain, which suppresses appetite and promotes energy expenditure. This segment is expected to witness continued growth, particularly in the prescription weight loss space, as more patients turn to medications that can help them manage obesity and related conditions like type 2 diabetes.
Oral to Gain Traction
The oral segment of the anorexiants market held a substantial share in 2024, driven by patient preference for easy-to-use, non-invasive treatments. Oral anorexiants like Orlistat and phentermine/topiramate have become popular choices due to their convenience, availability, and proven efficacy. These drugs are often prescribed as part of a broader weight management regimen that includes dietary changes and physical activity.
Increasing Prevalence of Obesity
The obesity segment held a robust share in 2024, driven by the escalating global obesity crisis. With increasing rates of obesity linked to chronic diseases like hypertension, type 2 diabetes, and cardiovascular diseases, demand for effective weight-loss therapies is surging. Anorexiants in this segment are viewed as critical tools in the management of moderate to severe obesity, especially when lifestyle changes like diet and exercise alone are insufficient.
North America to Emerge as a Lucrative Region
North America anorexiants market will grow at a decent CAGR during 2025-2034, owing to well-established healthcare infrastructure, high levels of healthcare spending, and increasing awareness about obesity-related health risks. As a result, North American companies are focusing on launching new anorexiants and leveraging direct-to-consumer marketing strategies to increase drug adoption.
Major players in the anorexiants market are KVK-Tech, Teva Pharmaceuticals, Lannett Company, Novo Nordisk, Valeant Pharmaceuticals, Currax Pharmaceuticals, Eli Lilly and Company, Aventis Pharmaceuticals, Zydus Pharmaceuticals, Pfizer, and Vivus.
To strengthen their presence and market foothold, companies in the anorexiants market are employing a variety of key strategies. These include innovative product development, particularly regarding combination therapies and non-stimulant formulations, which cater to different patient preferences and needs. Companies are also investing heavily in patient education and digital health solutions, such as apps and online counseling services, to increase treatment adherence and optimize weight loss outcomes.