Brazil Semaglutide Market Size & Outlook, 2024-2035
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Brazil semaglutide market highlights
- The Brazil semaglutide market generated a revenue of USD 249.9 million in 2024 and is expected to reach USD 880.4 million by 2035.
- The Brazil market is expected to grow at a CAGR of 10.5% from 2025 to 2035.
- In terms of segment, rybelsus (oral semaglutide) was the largest revenue generating product in 2024.
- Rybelsus (oral semaglutide) is the most lucrative product segment registering the fastest growth during the forecast period.
Semaglutide market data book summary
| Market revenue in 2024 | USD 249.9 million |
| Market revenue in 2035 | USD 880.4 million |
| Growth rate | 10.5% (CAGR from 2025 to 2035) |
| Largest segment | Rybelsus (oral semaglutide) |
| Fastest growing segment | Rybelsus (oral semaglutide) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2035 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ozempic (semaglutide), Wegovy (semaglutide), Rybelsus (oral semaglutide) |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.9% of the global semaglutide market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2035.
- In Latin America, Brazil semaglutide market is projected to lead the regional market in terms of revenue in 2035.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 686.4 million by 2035.
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Semaglutide Market Scope
Semaglutide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lexicon Pharmaceuticals | View profile | 101-250 | The Woodlands, Texas, United States, North America | http://www.lexpharma.com |
| Viking Therapeutics Inc | View profile | 28 | 9920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121 | https://www.vikingtherapeutics.com |
| Biocon | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.biocon.com |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
| Novo Nordisk A/S ADR | View profile | 66015 | Novo Alle 1, Bagsvaerd, Denmark, 2880 | https://www.novonordisk.com |
| Eli Lilly and Co | View profile | 43000 | Lilly Corporate Center, Indianapolis, IN, United States, 46285 | https://www.lilly.com |
Brazil semaglutide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to semaglutide market will help companies and investors design strategic landscapes.
Rybelsus (oral semaglutide) was the largest segment with a revenue share of 57.22% in 2024. Horizon Databook has segmented the Brazil semaglutide market based on ozempic (semaglutide), wegovy (semaglutide), rybelsus (oral semaglutide) covering the revenue growth of each sub-segment from 2018 to 2035.
Brazil’s semaglutide market is growing due to high obesity rates and increasing government efforts to improve healthcare access.
Investments in local biopharmaceutical production and partnerships with international firms contribute to expanding semaglutide availability. Retail pharmacies are playing a key role in making GLP-1 therapies more accessible.
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Target buyers of Brazil semaglutide market databook
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Our clientele includes a mix of semaglutide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil semaglutide market , including forecasts for subscribers. This country databook contains high-level insights into Brazil semaglutide market from 2018 to 2035, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil Product - Semaglutide Market size, 2024 - 2035 (US$M)
Brazil Semaglutide Market Outlook Share, 2024 & 2035 (US$M)
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