Exploring the Evolving Trends and Opportunities in the EMEA Anorexiants Market for Sustainable Growth

The EMEA anorexiants market refers to the pharmaceutical industry's segment in Europe, the Middle East, and Africa that deals with the production, distribution, and consumption of anorexiants. Anorexiants are medications or substances designed to suppress appetite and promote weight loss. This market encompasses a range of products, including prescription drugs and over-the-counter supplements to manage obesity and related conditions. Market players compete to develop innovative anorexiant products and cater to the growing demand for weight management solutions, reflecting the increasing importance of health and wellness in the EMEA region.

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Data Bridge Market Research analyses that the EMEA Anorexiants Market is expected to grow at a CAGR of 3.2% from 2023 to 2030 and reach USD 160.4 million by 2030 from USD 124.7 million in 2022. Rising obesity rates in the EMEA region have amplified the demand for anorexiants. The market for these products has surged as people search for efficient ways to manage weight. This trend underscores the growing need for effective weight management solutions, driving the popularity and consumption of anorexiants in the EMEA market.

Key Findings of the Study

Consumer demand for rapid weight loss is expected to drive the market's growth rate

Consumers increasingly seek swift, noticeable results in weight management, propelling interest in anorexiants. This demand stems from the desire for rapid weight loss solutions. Anorexiants that suppress appetite and reduce weight align with this need for quick outcomes. As people prioritize visible changes, the market for anorexiants in the EMEA region continues to expand, driven by the consumer trend for immediate and tangible effects in their weight management efforts.

Report Scope and Market Segmentation

Segment Analysis:

The EMEA anorexiants market is segmented on the basis of drug class, drug type, applications, prescription mode, route of administration, end-users and distribution channel.

• On the basis of drug class, the EMEA anorexiants market is segmented into catecholamines anorexiants, and serotonin anorexiants
• On the basis of drug type, the EMEA anorexiants market is segmented into generics, and branded
• On the basis of applications, the EMEA anorexiants market is segmented into weight loss, obesity, dravet syndrome, and attention deficit hyperactivity disorder (ADHD)
• On the basis of prescription mode, the EMEA anorexiants market is segmented into prescription, and OTC
• On the basis of route of administration, the EMEA anorexiants market is segmented into oral, and parenteral.
• On the basis of end user, the EMEA anorexiants market is segmented into hospitals, homecare, speciality centres, and others
• On the basis of distribution channel, the EMEA anorexiants market is segmented into hospital pharmacy, online pharmacy, and retail pharmacy

Major Players

Data Bridge Market Research recognizes the following companies as the major EMEA anorexiants market players in EMEA anorexiants market are Novartis AG (Switzerland), Merck & Co., Inc. (U.S.), Lannett (U.S.), Bausch Health Companies Inc. (Canada), Sun Pharmaceutical Industries Ltd. (India), Novo Nordisk A/S (Denmark), Currax Pharmaceuticals LLC (EMEA), Eisai Co., Ltd. (Japan), Recordati Rare Diseases (Australia).

Market Developments

• In 2020, VIVUS Inc. expanded into South Korea with the introduction of Qsymia for weight loss management. This move bolstered the company's presence in emerging markets and mitigated losses incurred in established markets, aligning with the growing demand for weight management solutions
• In July 2019, Pfizer Inc. partnered with Mylan N.V. to strengthen their generic drug portfolio. This collaboration expanded Pfizer's product range of generic anorexiant drugs for treating obesity, contributing to increased sales and profitability for the company
• In June 2019, Sandoz AG and Novartis AG received a partnership award, acknowledging their exceptional healthcare product distribution capabilities. This recognition bolstered their position as leaders in providing diverse medical treatments, including obesity management. It affirmed their commitment to delivering high-quality healthcare solutions and expanding their influence in the industry

Regional Analysis

Geographically, the countries covered in the EMEA anorexiants market report are Germany, France, U.K., Italy, Netherlands, Spain, Russia, Switzerland, Saudi Arabia, South Africa, Turkey, Austria, UAE, Israel, Norway, Hungary, Lithuania, Kuwait, Ireland, Egypt, Poland, Rest of Europe & Middle East and Africa.

As per Data Bridge Market Research analysis:

Germany is the dominant region in EMEA anorexiants market during the forecast period 2023-2030

Germany dominates the market due to diverse drug availability, a growing elderly demographic, and high demand for effective treatments. Major market players addressing eating disorders, coupled with rising child and adult populations, further amplify its influence. The wide array of options and key players contribute to Germany's stronghold in the market.

France is estimated to be the fastest growing region in EMEA anorexiants market for the forecast period 2023-2030

France is expected to dominate the market due to emerging economic conditions and increased vendor investments in drug development. This growth is fueled by rising obesity and eating disorder rates, prompting vendors to expand drug development efforts. The convergence of economic progress and healthcare needs positions France as a swiftly advancing market in the pharmaceutical industry.

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