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Quinine Market Rowing At A CAGR Of 6 % Between 2022 And 2031

04-26-2023 08:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: We Market Research

Global Quinine Market

Global Quinine Market

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

Market Overview:

Quinine is a medication that is used to treat babesiosis and malaria. Quinine is used to treat malaria brought on by the chloroquine-resistant Plasmodium falciparum when artesunate is not available. It is not advised for this use due to the possibility of side effects, despite the fact that it is used to treat restless legs syndrome. It can be given orally or intravenously. In several regions of the world, quinolone resistance has been noted. Quinine is also used to give tonic water a bitter flavour. Quinine was used to treat pleural cavities following thoracoplasty, inner haemorrhoids, varicose veins, leg cramps brought on by vascular spasms, malaria, and other febrile illnesses.

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.

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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.

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

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.

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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.

Growth Drivers:

Because tonic water contains quinine, it is widely consumed as a healthful beverage worldwide. Quinine is included in this tonic water in amounts of 83 milligrammes per litre, giving it exceptional therapeutic qualities. A wide range of items with artificial sweeteners and flavours are currently available from market makers. Global demand for tonic water is also being driven by the beverage's therapeutic properties. Quinine's market is expanding due to the rising global demand for tonic water.

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Who can buy this report?

1. Consulting Firms & Research Institutes
2. Industry Leaders and Companies intend to enter the Quinine market Universities and Student
3. Service Providers, Product Providers, Solution Providers, and other players in the small modular reactors (SMRs) market
4. Government Bodies and Associated Private Firms
5. People intrigued to find out about Quinine market

Contact Us:

We Market Research
Phone: +1(650)-666-4592
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/

About We Market Research:

WE 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. WE 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.

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