Weight Reduction Medicine Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Weight Reduction Medicine Market is anticipated to grow at a considerable CAGR during the forecast period. The major driving factor for the growth of the weight reduction medicine market is unhealthy lifestyle and stress among population globally. People with busy lifestyles do not spare time to have a scheduled exercise routine each day. This is causing a negative impact on their body. Alcohol consumption has also proved to be a reason for an increase in weight. Pharmaceutical companies  are including herbal plants and natural weight loss supplements to foster a safe, healthy weight loss regime in the consumers. Leading players who are operating in the weight reduction medicine market are adopting innovative marketing strategies to grow their sales in developing countries. People in developing countries are not aware of the weight reduction program, supplements, drugs that are prevailing in the market. Various fat-burning drugs are available in the market which are given in combination with a healthy diet and exercise. For instance, in May 2020, a fat-burning drug called PhenQ was introduced by Wolfson Berg Ltd. Drug maintains blood sugar levels in the human body and boosts energy. It contains the natural mineral chromium picolinate. It is seen in recent times that people are suffering from cardiac diseases, high blood pressure, hypertension, etc. 

A major reason for the rise in such health conditions is excessive weight gain in adults and teenagers. One in three adults in the US is suffering from obesity. Safe weight loss options should be made available in the market to overcome this problem. For instance, in March 2020, a weight-loss drug named Plenity was made available in the market. Gelesis, the company which produced this drug, said that this drug could only be used in adults with a body mass index of at least 25. 

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Product
By application
By distribution channel 

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- including Novo Nordisk, Glaxo smith kline, Vivus Pharmaceuticals, currax pharmaceuticals LLC, Pfizer Inc., and others 

Weight reduction medicine Market Report by Segment

By Product

Prescribed
Over the counter

By Application

Appetite suppression
Fat Blocking
Others

By Distribution channel

Hospital Pharmacies
Drug stores & Retail Pharmacy 
Online Pharmacy

A full Report of Weight Reduction Medicine Market is Available @ https://www.omrglobal.com/industry-reports/weight-reduction-medicine-market

Weight reduction medicine Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Hoffman-La Roche Ltd.
Abbott Laboratories 
Cargill, Inc. 
General Mills, Inc.
Ingredion, Inc.
Kellogg Company
Medifast, Inc.
Nutrisystem, Inc.
The Kraft Heinz Company
Pepsico, Inc.
Mondelez International
WW International, Inc.
Teva Pharmaceuticals Industries Ltd.
Novartis Healthcare Private Ltd.
Hexal AG

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