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COVID-19 to Impact Demand Growth of Erdosteine Market | Top Key Players are Recipharm AB, Taj Pharmaceuticals, Delta Finochem, Alitair Pharmaceuticals, Hanmi Pharmaceuticals, Jigs Chemical

Erdosteine market

Erdosteine market

Global Market Insights, Inc. says that the erdosteine market could surpass USD 160 million by 2025. Driven by growing occurrences of common respiratory issues like cold, bronchitis, and cough, the global erdosteine market is estimated to observe significant profits through 2025. Erdosteine has a broad range of applications in the production of drugs to ameliorate and control the symptoms that arise due to excessive mucus production, which is likely to drive the overall industry share. Excess amount of mucus is produced owing to several immune disorders, smoking and allergies like dirt and pollen.

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In terms of end-use, erdosteine market is mainly fragmented into contract manufacturing firms, pharmaceutical, and research institutes. From these, demand for erdosteine from the pharmaceutical sector had amassed USD 45 million in 2018. This growth can be attributed to rising cases of severe respiratory disorders including chronic obstructive pulmonary disorders, emphysema, and asthma.

On the geographical front, the APAC erdosteine market is projected to observe substantial growth in the coming years. China, India, and Indonesia are anticipated to lead the market share of the region owing to increasing smoking trends across these countries. The region is witnessing considerable growth in the smoking sector owing to mounting disposable income of the population and increasingly growing liberal lifestyles.

Chronic smoking habits are connected with heavy production of mucus which is further linked with several diseases like chronic bronchitis and smokers cough. Inhaled smoke is harmful to the health since it destroys cilia which are very vital for proper movement of mucus towards the throat. Instead, it accumulates inside the bronchioles which further causes mucus thickening and throat irritation which would possibly be a major factor ensuring industry growth in the region.

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Rising disposable income levels and changing lifestyles are driving the smoking trend in emerging APAC economies such as India, Indonesia and China. Chronic smoking has been linked to accelerated mucus production due to diseases like chronic bronchitis and smokers cough.

Moreover, smoking also has a detrimental effect on cilia, which is crucial for healthy movement of mucus to the throat. The destruction of cilia causes mucus to accumulate in the bronchioles, causing it to thicken overtime, leading to throat irritation and coughing. These symptoms associated with smoking are expected to boost erdosteine market outlook across the region significantly, particularly through cough and cold clearing drugs in coming years.

Major companies profiled in the erdosteine market are Recipharm AB, Taj Pharmaceuticals Limited, Wuhan Hezhong Bio-Chemical Manufacture Co. Ltd., Delta Finochem Pvt. Ltd., Alitair Pharmaceuticals, Inc., Salvavidas Pharmaceutical Private Limited, Zhejiang Kangle Pharmaceutical Co. Ltd., Wuhan Yuancheng Pharmaceutical, Hanmi Pharmaceuticals Co. Ltd., Shandong Luoxin Pharmaceutical, Asmoh Laboratories Ltd., Hikma Pharmaceuticals, Jigs Chemical.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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