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Title Oral Proteins & Peptides Market: Growth, Size, Share, and Trends
URL https://www.marketsandmarkets.com/Market-Reports/oral-proteins-peptides-market-194705708.html
Category Fitness Health --> Health Articles
Meta Keywords Oral Proteins & Peptides Market
Meta Description Globally, North America is the largest market for oral proteins and peptides, and this trend is expected to continue during the forecast period.
Owner Healthcare101
Description
The market for oral proteins and peptides is projected to reach USD 20.36 billion by 2029 from USD 7.38 billion in 2024, at a CAGR of 22.5% from 2024 to 2029. Market growth is attributed to factors such as the increasing prevalence of chronic diseases (such as diabetes and gastroenterology & kidney diseases), advancements in drug delivery technologies, and patient preference & compliance for the oral route of drug administration. Semaglutide, a GLP-1 receptor agonist, accounted for the major share in the market due to the increasing prevalence of diabetes, obesity, and overweight. Novo Nordisk A/S (Denmark) also announced the development of another GLP-1 receptor agonist molecule for treating obesity and overweight.