Quinine Market Size 2023, Growth, Type, Key Players | By Application - Antimalarial, Antipyretic, Leg Cramps

In 2021, the market for Quinine worldwide was worth $1.9 billion US dollars. AMR Group projects that the market will reach US$ 2.8 billion by 2031, growing at a CAGR of 6 percent between 2022 and 2031.

Quinine is used for the treatment of babesiosis and malaria. Quinine is widely used to treat malaria because of its chloroquine-resistant Plasmodium falciparum in unavailability of artesunate. According to the WHO the estimated mortality rate due to malaria was around 6,19,000 in the year 2021. The quinine drug is administered through parental route or by oral route. However, there is some tolerance to quinine, is found in some parts around the globe. Quinine is also commonly known for its use in tonic water which enhances its bitter taste in the water. Quinine was found useful after thoracoplasty in the treatment of malaria & related febrile conditions, leg cramps influenced by vascular spasm, varicose veins, inner hemorrhoids, and pleural cavities. In the leg cramp treatment, Quinine is highly useful, and accepted especially in geriatric patients causing the enhancement in the demand for Quinine in many countries. Further to this Quinine have a scientific use as the chiral moiety for the ligands used in catalytic asymmetric dihydroxylation as well as for numerous other chiral sharpless backbones that will drive the market. In addition, Quinine is a well-known and relatively constant fluorescence quantum yield. Quinine is also used in photochemistry as a common fluorescence standard this can increase the growth of the market. Quinine is a flavoring component of bitter lemon drink mixers and tonic water. Used on the soda gun behind many bars and soda counters. As Quinine tastes bitter and it is odourless also it is soluble in water, chloroform, alcohol, and ether. It helps in softening the taste of sugar and other flavours are added with Quinine this can be expected to have a significant growth during the forecast period.

On an official note, Food & Drug Administration (FDA) has approved it for the treatment of malaria only, but doctors are authorized to legally prescribe quinine medication for any type of treatment they find it appropriate. Quinine have the ability to inhibits nucleic acid synthesis, protein synthesis, and glycolysis in Plasmodium falciparum and can bind with hemozoin in parasitized erythrocytes. Quinine occurs as a white crystalline powder that becomes darker when comes in light.

Click Here To Access The Free Sample Report @ https://analyticsmarketresearch.com/sample-request/quinine-market/57581/

Market Dynamics
High production cinchona trees as cinchona have its medicinal value, the bark of cinchona tree can produce several species and quinine and other alkaloids can be extracted, an increasing incidence of malaria due to low maintenance of hygiene, and an increasing amount of fever cases will enhance the development of the sector over the forecast period. There is a significant rising disposable revenue leading to increased affordability of the treatment as the spending capacity of people has increased, and increasing patient acceptance towards quinine derivatives. There are few harmful side effects due to prolong use of quinine which restricts the market.

In the last few years, rising temperatures, varying rainfall patterns and intense weather conditions, are increasing the chances to affect malaria globally. Coming year's UN-climate report projects vector-borne diseases in Africa, such as malaria and dengue, may double by 2050, and triple by 2080, due to global warming which are the opportunities for the growth of quinine market.

COVID Impact
Covid-19 has a significant impact on the Quinine market globally. Sales are declining as a result of the significant setback the Quinine industry has experienced. However, demand for the Quinine Industry started as soon as the pandemic was under control and the situation became better, indicating an increase in the market size.

Regional Trend
Geographically, the Middle East and Africa dominated the quinine industry and will continue to grow considerably over the period of time. In African region, in 2021, the region was affected to its 95% of malaria cases and 96% of deaths caused by malaria. Also, children under age of 5 accounted for about 80% of all malaria deaths in the region.

Asia Pacific is anticipated to see the greatest development during the last period of time as a result of rising healthcare expenditure. Asia's, one of the highly population based country India, improved patient knowledge of malaria, and increased fever causing diseases will further increase market growth in this region. However, many countries like the U.S, U.K have banned Quinine to treat malaria which can hamper the growth of the market.

Competitive Landscape
Key players operating in the Quinine Market include A. B. Enterprises, Actavis, Aecochem Corp., Alchem International, Arnold Suhr Qimpex, Caraco Pharmaceutical Laboratories, Chempro Pharma Private Limited, Cosmos International, Haihang Industry Co. Ltd., Hangzhou Dayang Co. Ltd., IS Chemical Technology Ltd., Shreeji Pharma International, Trademax Pharmaceuticals & Chemicals, Van Wankum Ingredients, Vital Labs, Wockhardt, and among others.

Purchase This Premium Report Now @ https://analyticsmarketresearch.com/purchase/quinine-market/57581/?license=single

Key USP's-
The recent studies found that in Vero cells, quinine inhibited SARS-CoV-2 infection more accurately than CQN, and H-CQN and was less toxic. In human Caco-2 colon epithelial cells and the lung cell line A549, stably expressing ACE2 & TMPRSS2, quinine also highlighted antiviral activity. In consistency of functioning with Vero cells, quinine was found to be less toxic in A549 in comparison to CQN and H-CQN. We are constantly tracking and evaluating the pandemic's direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor

Market Segmentation
Based upon the Dosage Type used in treatment, the quinine market is segmented in 200 mg and 300 mg dosage in the treatment. Based on the application, the quinine market is segmented into antimalarial, antipyretic and leg cramps. The most dominant segment among the others is antimalarial application in terms of use and revenue. In antimalarial drugs, quinine is found to be more effective and efficient in the treatment process as it helps in inhibiting the growth of infection and working as antipyretic as malaria causes high fever during its period of infection. Based on mode of administration, the quinine market is segmented into oral administration, intravenous administration, and intramuscular administration. Among the mode of administration segments, intramuscular segment is most commonly used in the administration process.

End user segment of quinine market is further divided into hospitals, clinics, and ambulatory surgery centers. Hospitals application segment dominated the market in terms of revenue owing to more inclination of patients towards the hospitals and as the patients are in IPD for the treatment of malaria, quinine is more utilized in hospitals.

By Dosage Type
• 200 mg
• 300 mg

By Application
• Antimalarial
• Antipyretic
• Leg Cramps

By Mode of Administration
• Oral Administration
• Intravenous Administration
• Intramuscular Administration

By End User
• Hospitals
• Clinics
• Ambulatory Surgical Centers

Read Full Research Report @ https://analyticsmarketresearch.com/reports/quinine-market/57581/

Global Quinine Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Quinine market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Contact US:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
Website: https://analyticsmarketresearch.com/contactus/

About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

This release was published on openPR.