Artemisinin Market Share & Market Analysis - Growth Trends & Forecasts for period from (2024 - 2031)
The "Artemisinin Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Artemisinin market is expected to grow annually by 8.20% (CAGR 2024 - 2031).
This entire report is of 180 pages.
Artemisinin Introduction and its Market Analysis
Artemisinin is a compound derived from the sweet wormwood plant used in the treatment of malaria. The global Artemisinin market is driven by factors such as the increasing prevalence of malaria, growing investment in research and development, and rising demand for natural and herbal remedies. Major players in the market include Sanofi, KPC Pharmaceuticals, Kerui nanhai, Guangxi xiancaotang, Guilin Pharmaceutical, Natural Bio-engineering, BIONEXX, CAT KHANH, BEEPZ, and Novanat Bioresource. The market research report highlights key market trends, opportunities, and challenges, and provides recommendations for market players to strategize and capitalize on growth opportunities.
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Artemisinin is a key ingredient in the treatment of malaria. It can be extracted from Artemisia Annua plants or produced semi-synthetically. The market for artemisinin is segmented based on its applications, including antimalarial injections and tablets.
Regulatory and legal factors play a crucial role in the artemisinin market. Governments in malaria-endemic regions have strict regulations on the production and distribution of artemisinin-based medications. Additionally, there are concerns about the sustainability of Artemisia Annua cultivation and the potential impact on the environment.
As the demand for artemisinin continues to grow, companies in the market must navigate these regulatory challenges while also addressing the need for affordable and accessible antimalarial treatments. Collaboration between governments, pharmaceutical companies, and non-profit organizations is essential to ensure the continued availability of artemisinin-based medications for those in need. By working together, stakeholders can overcome regulatory hurdles and improve access to life-saving treatments for malaria.
Top Featured Companies Dominating the Global Artemisinin Market
The Artemisinin market is highly competitive with several key players dominating the industry. Some of the prominent companies operating in the Artemisinin market include Sanofi, KPC Pharmaceuticals, Kerui nanhai, Guangxi xiancaotang, Guilin Pharmaceutical, Natural Bio-engineering, BIONEXX, CAT KHANH, BEEPZ, and Novanat Bioresource.
These companies play a significant role in the Artemisinin market by producing high-quality artemisinin-based products for the treatment of malaria. Sanofi, for example, is a leading pharmaceutical company that produces artemisinin-based combination therapies (ACTs) for malaria treatment. KPC Pharmaceuticals is a Chinese pharmaceutical company that specializes in the production of artemisinin raw materials.
Other companies like BIONEXX, CAT KHANH, and BEEPZ focus on the cultivation and extraction of artemisinin from Artemisia annua plants. These companies help to grow the Artemisinin market by providing a consistent and reliable supply of artemisinin raw materials for pharmaceutical companies.
In terms of sales revenue, Sanofi reported a revenue of $ billion in 2020, while KPC Pharmaceuticals reported a revenue of $1.5 billion. Guilin Pharmaceutical, another key player in the Artemisinin market, reported a revenue of $1.2 billion in the same year.
Overall, these companies play a crucial role in the Artemisinin market by driving innovation, ensuring product quality, and meeting the growing demand for artemisinin-based products in the global healthcare industry.Their contribution helps in advancing the treatment of malaria and other infectious diseases, ultimately contributing to the growth and development of the Artemisinin market.
- Sanofi
- KPC Pharmaceuticals
- Kerui nanhai
- Guangxi xiancaotang
- Guilin Pharmaceutical
- Natural Bio-engineering
- BIONEXX
- CAT KHANH
- BEEPZ
- Novanat Bioresource
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Artemisinin Market Analysis, by Type:
- Extraction From Artemisia Annua
- Semisynthetic Artemisinin
Artemisinin can be extracted from the plant Artemisia annua or produced through a semisynthetic process. Extracting artemisinin from Artemisia annua involves cultivating and harvesting the plant, then extracting and purifying the compound. Semisynthetic artemisinin is derived from a precursor sourced from a natural starting material such as artemisinic acid. Both extraction methods contribute to meeting the high demand for artemisinin in the market, especially in the pharmaceutical industry where it is used as a key ingredient in antimalarial medications. The availability of these two types of artemisinin helps ensure a stable supply for global health initiatives and drug manufacturing.
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Artemisinin Market Analysis, by Application:
- Antimalarial Injections
- Antimalarial Tablets
Artemisinin is a powerful antimalarial compound used in both injections and tablets for the treatment of malaria. Injections are often preferred for severe cases of the disease, while tablets are commonly used for mild to moderate cases. Artemisinin works by targeting the Plasmodium parasites causing malaria, ultimately leading to their destruction. The fastest-growing application segment in terms of revenue is antimalarial tablets, as they are more convenient for patients to use and are easily accessible. They offer a quick and effective treatment option for combating the spread of malaria worldwide.
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Artemisinin Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Artemisinin market is expected to show significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). Asia-Pacific region is expected to dominate the market with the highest market share percentage valuation, attributed to the increasing adoption of herbal medicine and growing demand for artemisinin-based products in countries like China and India. Latin America and Europe are also projected to have a substantial market share in the Artemisinin market.
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