Press release
Botanical Drug Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030
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In August 2020, Sun pharmaceuticals launched Flugard tablets at a very economical price of $0.46 for the treatment of mild to moderate cases of COVID-19 in India, along with this the company had also initiated a phase II clinical trial on AQCH, a phytopharmaceutical (plant-derived) drug for the treatment of COVID-19.
The rise in diseases across the globe is considered as a major driver for the growth in the botanical drug market. Botanical medications are made from plants that have therapeutic properties. Algae and vegetable components, along with microscopic fungus, are found in botanical medications that support in providing the finest treatment. Botanical and plant-derived medications are used to treat a variety of conditions, including CNS disorders, infectious diseases, cardiovascular diseases, and respiratory diseases. Additionally, botanical and plant-derived medications come in a variety of formats, including pills, tablets, and injections. Plant-derived medications include atropine, aescin, and berberine.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Source
o By Dosage form
o By Therapeutic application
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Blue sky Botanics LTD., Ransom Naturals LTD., Prinova Group LLC., PT Indesso Aroma, Synergy Flavours, Inc. and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Botanical Drug Market Report Segment
By Source
Plants
Algae
Macroscopic fungi
By Dosage form
Tablets
Injection
Pills
By Therapeutic application
Central Nervous System
Cardiovascular Diseases
Respiratory Diseases
Others
A full report of Botanical Drug Market is available at: https://www.omrglobal.com/industry-reports/botanical-drug-market
Botanical Drug Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Abbott
Bayer AG
Boehringer Ingelheim International GmbH.
Bristol-Mayers Squibb Co.
Cardax, Inc.
Hutchmed
Chong Kun Dang pharmaceutical Corp.
Eli Lilly and Co.
Galapagos NV
GlaxoSmithKline plc
Glenmark
HeteroGeneity, LLC
Indena S.p.A.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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