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What is the Projected CAGR for the Appetite Stimulant Market Size from 2025 to 2034?

In recent times, the market size of appetite stimulants has seen robust growth. Projections indicate that it will expand from $1.75 billion in 2024 to $1.92 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.2%. The notable growth in the historic period can be traced back to the rising incidence of cachexia linked to cancer and HIV, off-label utilization of antidepressants to facilitate weight gain, increased malnutrition awareness, management of nutrition in hospital settings, and the application of corticosteroids in the treatment of chronic diseases.

A robust rise in the market size of appetite stimulants is predicted in the ensuing years, where it’s speculated to burgeon to $2.69 billion by 2029 with a CAGR of 8.9%. This projected upsurge can be associated with factors such as the escalating burden of chronic illnesses, the expanding aging diaspora, broadening application of appetite stimulants in the pediatric sector, an augmented demand for dietary supplements, and the endorsement of new medicines by regulatory bodies. Substantial trends for the projected duration consist of technological progress in drug formulation, innovative strides in protein-infused supplements, growth of therapies based on cannabinoids, individualized nutrition and precision medicine, and research and advances in the field of ghrelin receptor agonists.

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What Are the Primary Drivers Supporting the Market Growth of the Appetite Stimulant Market?

The escalating incidence of long-term illnesses is anticipated to boost the progress of the appetite stimulant market in the future. Characterized by their duration of three months or more, chronic diseases often deteriorate over time. The surge in these conditions is largely due to an unhealthy diet, with excessive intake of processed foods, sugars, and unhealthy fats leading to ailments like obesity, diabetes, and cardiovascular diseases. Appetite stimulants assist individuals with chronic diseases by improving their overall health and nutritional condition, as they promote a better appetite and food intake, potentially aiding in gaining or managing weight. For illustration, data from the Australian Institute of Health and Welfare, a governmental agency of Australia, suggests that the mortality rate due to chronic diseases surged from 459 per 100,000 population in 2021 to 490 per 100,000 population in 2022. Hence, the increasing prevalence of chronic diseases is accelerating the progress of the appetite stimulant market.

Which Primary Segments of the Appetite Stimulant Market Are Driving Growth and Industry Transformations?

The appetite stimulant market covered in this report is segmented –

1) By Type: Prescription, Over The Counter, Natural

2) By Formulation Type: Liquid Formulations, Powder Formulations, Capsules And Tablets, Functional Foods

3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy

4) By End-Users: Hospitals, Homecare, Speciality Centres

Subsegments:

1) By Prescription: Synthetic Appetite Stimulants, Cannabinoids, Corticosteroids, Antidepressants

2) By Over The Counter (OTC): Herbal Supplements, Amino Acids, Vitamins And Minerals, Probiotics

3) By Natural: Ginger, Fenugreek, Cannabis, Zinc Supplements

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Which Regions Are Key Players in the Growth of the Appetite Stimulant Market?

North America was the largest region in the appetite stimulant market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the appetite stimulant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Most Significant Market Trends in the Appetite Stimulant Market?

A primary strategy of leading enterprises in the appetite stimulant market is the marketing of innovative merchandise such as ayurvedic appetite stimulants, in an effort to catch the attention of health-conscious consumers. Ayurvedic appetite stimulants are made from natural, traditional herbs and are designed to boost appetite through increased digestive fire, heightened enzyme secretion, and improved nutrient absorption. To illustrate, Lupin Limited, a pharmaceutical corporation based in India, in October 2024, unveiled its campaign, “Aptivate Achi Bhookh Fest”. The aim of this campaign was to foster healthy eating habits and nutrition consciousness among children via interactive activities and discussions led by professionals, with an ambitious goal to influence 250,000 people throughout schools and housing communities. LupinLife utilizes their product, Aptivate, an ayurvedic appetite stimulant for children, in this campaign. This product is used to support parents in encouraging healthy diets in kids. The Aptivate Achi Bhookh Fest is a part of LupinLife’s initiatives, which are designed to encourage children to eat a balanced diet and maintain strong immunity.

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What Parameters Are Used to Define the Appetite Stimulant Market?

Appetite stimulant refers to any substance or product designed to increase an individual’s appetite, particularly when experiencing a loss of hunger due to medical conditions, treatments, or other factors. These stimulants influence hormones or brain functions that control hunger signals, promoting the desire to eat.

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