Ozempic, Ozempic, Ozempic. Love it or hate it, it’s out there and popular. The fight against obesity is becoming more urgent as it continues to affect people globally. As obesity rates continue to rise worldwide, there is a growing demand for effective medications to address this health issue. These drugs aim to assist individuals in managing their weight by either suppressing appetite, altering metabolism, or inhibiting fat absorption. While some anti-obesity drugs have faced challenges due to safety concerns and side effects, ongoing research and development are focused on finding safer and more efficient solutions. The market encompasses a range of pharmaceutical products, including prescription medications and over-the-counter supplements, to combat obesity and promote healthier lifestyles.
According to the latest BCC Research study the demand for the Global Market for Anti-obesity Drugs was valued at $3.2 billion in 2023 and will reach $11.3 billion by 2028, at an estimated CAGR of 28.9% during the forecast period of 2023 to 2028.