Press release
Botanical and Plant Derived Drugs Market to Surpass US$ 51.93 Billion by 2026
Global Botanical and Plant Derived Drugs Market, by Source (Plant, Algae, Macroscopic fungi, and Others), by Dosage Form (Pills, Tablets, Capsules, and Injection), By Therapeutic Application (Central Nervous System, Cardiovascular Diseases, Infectious Diseases, and Respiratory Diseases), By Region (North America, Europe, Latin America, Middle East, Asia Pacific, and Africa) is estimated to be valued at US$ 30.1 billion in 2017 and is projected to exhibit a CAGR of 6.3% over the forecast period (2017 – 2025) as highlighted in a new report published by Coherent Market Insights. High risk of side-effects due to consumption of synthetic drugs such as allergic reaction and gastrointestinal upsets, drug recalls, and high cost of specialty drugs are propelling demand for botanical and plant derived drugs.Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1737
Furthermore, legalization of medicinal cannabis in several countries have made the manufacturers to invest in the research and development to derive drugs for cannabis. For instance, one of the drug by GW Pharmaceuticals, Epidiolex drug consists of cannabidivarin (CBDV) is in developmental process, which will be used in clinical trials for treatment resistant epilepsy, supported by NSW and Queensland government in 2016. Moreover, Insys Therapeutics, an America-based company have Subsys drug in their product portfolio, which is prescribed for the treatment of advanced pain associated with cancer. The subsys is a synthetic version of cannabidiol (CBD) and has accounted for almost 100% of the company’s 2014 year-to-date revenue.
Browse 35 Market Data Tables and 41 Figures spread through 179 Pages and in-depth TOC on "Botanical and Plant Derived Drugs Market, by Source (Plant, Algae, Macroscopic fungi, and Others), by Dosage Form (Pills, Tablets, Capsules, and Injection), by Therapeutic Application (Central Nervous System, Cardiovascular Diseases, Infectious Diseases, and Respiratory Diseases), by Region (North America, Europe, Latin America, Middle East, Asia Pacific, Africa) - Global Forecast to 2026"
Increasing applications of botanical and plant derived drugs are receiving regulatory approvals with respect to cancer patients - as a cure and as a supplement to current treatments, which provides a great opportunity for conducting clinical trials. For instance, in June 2017, Medlab Clinical received approval to begin human trials of two different cannabis based medicines – NanaBis and NanaBidial. NanaBis is packaged as a mouth spray and will be clinically tested in advanced stage for cancer patients with intractable pain. NanaBidial comprises cannabidiol derived from marijuana and is indicated for chemotherapy induced nausea and vomiting, with a secondary endpoint in patients suffering seizures
Ask for customization: https://www.coherentmarketinsights.com/insight/request-customization/1737
Key takeaways of the Botanical and Plant Derived Drugs Market:
The global botanical and plant derived drugs market is expected to expand at a CAGR of 6.3% during the forecast period (2018 – 2026), owing to increasing adoption of herbal drugs over the synthetic drugs.
Among source type, plant segment is expected to hold a major market share over the forecast period, owing to increasing number of clinical trials for medicinal cannabis.
Furthermore, Asia Pacific is expected to show the most lucrative CAGR in the botanical and plant derived drugs market, owing to entry of local players and key players, which are engaged in development of herbal medicines.
Some of the major players operating in global botanical and plant derived drugs market include Bayer Healthcare, GlaxoSmithKline, Pfizer, Inc. Sanofi, Actelion Pharmaceuticals, Aimil Pharmaceuticals, Allergan, AstraZeneca, Boehringer Ingelheim, and GW Pharmaceuticals.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
1001 4th Ave,
#3200
Seattle, WA 98154
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Botanical and Plant Derived Drugs Market to Surpass US$ 51.93 Billion by 2026 here
News-ID: 1167143 • Views: …
More Releases from CMI Research

Complete guide to Eosinophilic Esophagitis Market 2023: Expanding due to immune …
Eosinophilic Esophagitis (EoE) is a chronic inflammatory condition of the esophagus. It is characterized by the accumulation of a type of white blood cells called eosinophils in the lining of the esophagus. EoE can cause a range of symptoms, including difficulty swallowing, food impaction, chest pain, and heartburn.
Steroids are the primary treatment option for EoE. They help control inflammation and reduce the number of eosinophils in the esophagus. Topical steroids…

A complete guide to Adoptive Cell Therapy Market 2023: growing demand for person …
Adoptive cell therapy (ACT) is a form of immunotherapy that involves the genetic modification of T cells to enhance their cancer-fighting capabilities. This treatment has shown promising results in the treatment of several types of cancer and is expected to become a major player in the oncology market in the coming years.
The global adoptive cell therapy market size was valued at USD 1.12 billion in 2021 and is projected to…

A complete guide to the TCV Vaccines Market 2023: market size, growth trends, ke …
Conjugate vaccine (Vi-TT) consists of Vi antigen that is coupled to a carrier protein. In this vaccine, polysaccharide is attached to a more complex protein. In infants, these cells can effectively develop immune protection against pathogens. Polysaccharides are weaker by itself, however, by binding to a protein carrier, polysaccharides can enter into important parts of the immune system with ease and can get more easily noticed by the immunity system…

A complete guide to Corporate Wellness Market 2023: Market size, growth trends, …
The corporate wellness market has been gaining popularity over the years as more companies recognize the importance of keeping their employees healthy and productive. Corporate wellness programs are designed to improve the overall health and well-being of employees by providing them with resources and support to manage their physical and mental health.
The corporate wellness market is expected to grow significantly from 2023-2030. According to a report by Coherent Market Insights,…
More Releases for Plant
How to Establish a Modular Switch manufacturing plant Plant
Setting up a modular switch manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Modular Switch Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a modular…
How To Setup a Plant Growth Hormones Manufacturing Plant
Setting up a plant growth hormones manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Plant Growth Hormones Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing…
Plant-Powered Eating: Trends in the Plant-Based Food Market
The plant-based food market has experienced exponential growth in recent years, driven by increasing consumer awareness of health, environmental sustainability, and ethical considerations. This burgeoning sector encompasses a wide range of products, from plant-based meat alternatives to dairy-free beverages and vegan snacks. In this overview, we'll explore key points, trends, and recent industry news shaping the plant-based food market.
Download a Free sample copy of Report:https://www.marketdigits.com/request/sample/3771
Key Companies Profiled
Amy's Kitchen
Danone S.A.
Atlantic…
Chocolate Syrup Manufacturing Plant Cost 2023-2028: Manufacturing Process, Plant …
Syndicated Analytics latest report titled "Chocolate Syrup Manufacturing Plant Project Report: Industry Trends, Project Report, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success and risk factors, manufacturing requirements, project costs, and economics, expected returns on investment, profit margins, etc. required for setting up a chocolate syrup manufacturing plant. The study, which is based both on desk…
Garlic Powder Manufacturing Plant 2023-2028: Manufacturing Process, Plant Cost, …
Syndicated Analytics latest report titled "Garlic Powder Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success, and risk factors, manufacturing requirements, project costs, and economics expected returns on investment, profit margins, etc. required for setting up a garlic powder manufacturing plant. The study, which is based both on desk research and multiple…
Frozen Food Manufacturing Plant 2023-2028: Project Report, Business Plan, Plant …
Syndicated Analytics latest report titled "Frozen Food Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2023-2028" covers all the aspects including industry performance, key success, and risk factors, manufacturing requirements, project costs, and economics, expected returns on investment, profit margins, etc. required for setting up a frozen food manufacturing plant. The study, which is based both on desk research and…