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India Semaglutide Market Size & Outlook, 2026-2035

The semaglutide market in India is expected to reach a projected revenue of US$ 347.5 million by 2035. A compound annual growth rate of 16.47% is expected of India semaglutide market from 2026 to 2035.
Revenue, 2025 (US$M)
$67.8
Estimate, 2026 (US$M)
$88.1
Forecast, 2035 (US$M)
$347.5
CAGR, 2026 - 2035
16.5%

India semaglutide market highlights

  • The India semaglutide market generated a revenue of USD 67.8 million in 2025 and is expected to reach USD 347.5 million by 2035.
  • The India market is expected to grow at a CAGR of 16.47% from 2026 to 2035.
  • In terms of segment, rybelsus (oral semaglutide) was the largest revenue generating product in 2025.
  • 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 2025USD 67.8 million
Market revenue in 2035USD 347.5 million
Growth rate16.47% (CAGR from 2026 to 2035)
Largest segmentRybelsus (oral semaglutide)
Fastest growing segmentRybelsus (oral semaglutide)
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2035
Quantitative unitsRevenue in USD million
Market segmentationRybelsus (oral semaglutide)
Key market players worldwideNovo Nordisk A/S ADR, Eli Lilly and Co, Viking Therapeutics Inc, Lexicon Pharmaceuticals, Biocon, AstraZeneca PLC


Other key industry trends

  • In terms of revenue, India accounted for 0.2% of the global semaglutide market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2035.
  • In Asia Pacific, China semaglutide market is projected to lead the regional market in terms of revenue in 2035.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,890.7 million by 2035.

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Publish Date: Apr 16, 2025

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Semaglutide Market Companies

NameProfile# EmployeesHQWebsite
Eli Lilly and CoView profile 43,000Lilly Corporate Center, Indianapolis, IN, United States, 46285www.lilly.com
Novo Nordisk A/S ADRView profile 66,015Novo Alle 1, Bagsvaerd, Denmark, 2880www.novonordisk.com
AstraZeneca PLCView profile 89,9001 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AAwww.astrazeneca.com
BioconView profile 10001+Bangalore, Karnataka, India, Asiawww.biocon.com
Viking Therapeutics IncView profile 289920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121www.vikingtherapeutics.com
Lexicon PharmaceuticalsView profile 101-250The Woodlands, Texas, United States, North Americawww.lexpharma.com

India 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 Outlook will help companies and investors design strategic landscapes.


Rybelsus (Oral Semaglutide) was the largest segment with a revenue share of 129.94% in 2025.

Horizon Databook has segmented the India semaglutide market based on rybelsus (oral semaglutide) covering the revenue growth of each sub-segment from 2021 to 2035.


  • India Semaglutide Market Product Outlook (Revenue, USD Million , 2021-2035)
    • Ozempic (semaglutide)
    • Wegovy (semaglutide)
    • Rybelsus (oral semaglutide)
    • Others
  • India Semaglutide Market Application Outlook (Revenue, USD Million , 2021-2035)
    • Type 2 Diabetes Mellitus
    • Obesity
  • India Semaglutide Market Route of Administration Outlook (Revenue, USD Million , 2021-2035)
    • Parenteral
    • Oral
  • India Semaglutide Market Distribution Channel Outlook (Revenue, USD Million , 2021-2035)
    • Retail Pharmacies
    • Hospital Pharmacies
    • Online Pharmacies

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Horizon Databook provides a detailed overview of country-level data and insights on the India Semaglutide Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Semaglutide Market Outlook from 2021 to 2035, including revenue numbers, major trends, and company profiles.

India Semaglutide Market, 2021-2035 (US$M)

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India semaglutide market statistics, by product, 2021-2035 (US$M)

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India semaglutide market statistics, by product, 2021-2035 (USD Million)

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