Press release
Growing Malaria Incidence Boosts Quinine Sulfate Market Due To Increased Treatment Demand Driver: A Major Catalyst in the Evolution of the Quinine Sulfate Market in 2025
The size of the quinine sulfate market has seen substantial growth recently. This upward trend is predicted to continue, with market value expected to rise from $2.41 billion in 2024 to $2.62 billion in 2025, delivering a compound annual growth rate (CAGR) of 8.6%. The surge in growth during the historic period is considered a result of several factors. These include the increasing prevalence of malaria, the need for anti-malaria treatment, the expansion in pharmaceutical manufacturing, a rise in awareness of the therapeutic benefits of quinine, and the increasing demand in tropical regions.
Expectations are set for the quinine sulfate market to experience considerable growth over the coming years, potentially reaching a value of $3.6 billion by 2029 with a compound annual growth rate (CAGR) of 8.3%. Key factors contributing to this projection include growing attention toward treating tropical diseases, increased spending on healthcare in developing nations, the need for medications that relax muscles, a rising population in regions susceptible to malaria, and efforts to enhance the supply chain for necessary raw materials. Future trends to watch for include growing demand for generic anti-malarial medications, increased investment in the healthcare sector in emerging markets, the integration of tech in pharmaceutical manufacturing, heightened regulatory focus on the safety of drugs, and a global increase in initiatives aimed at malaria eradication.
What Are the Key Drivers Behind the Growth of the Quinine Sulfate Market?
The surge in malaria cases is expected to catalyze the expansion of the quinine sulfate market. The potentially fatal infectious disease, malaria, is caused by Plasmodium parasites and spread to humans by the bites of infected female Anopheles mosquitoes, manifesting symptoms like fever, chills, and flu-like illness. This escalation in malaria prevalence can be traced back to factors like the evolution of drug-resistant strains, the spread of mosquito habitats due to climate change, and inadequate healthcare. Quinine sulfate has a crucial role in treating malaria by eliminating the responsible Plasmodium parasites. It functions by interrupting the parasite's capacity to proliferate within red blood cells. For instance, the World Malaria Report 2023, released by WHO in October 2023, reported a 5 million increase from 2021 in malaria cases, estimating that 249 million cases occurred globally in 2022 across 85 endemic nations. Therefore, the increasing incidence of malaria is fueling the quinine sulfate market. Growth Of Quinine Sulfate Market Fueled By Rising Interest In Natural And Organic Products
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Who Are the Major Industry Players Fueling Quinine Sulfate Market Expansion?
Major companies operating in the quinine sulfate market are Sanofi SA, Thermo Fisher Scientific Inc., Viatris Inc., Teva Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma, Dr. Reddy's Laboratories, Cipla Limited, Lupin Limited, Strides Pharma, Taj Pharmaceuticals, Wockhardt Ltd., Alchem International Private Limited, SimSon Pharma Limited, Hangzhou Dayang Co. Ltd., Haihang Industry Co. Ltd., Pharmakina SA, Aecochem Corp, Buchler GmbH, Prism Industries Private Limited, Shreeji Pharma International, Trademax Pharmaceuticals & Chemicals, Sihauli Chemicals Private Limited
Which Key Developments Are Influencing the Quinine Sulfate Market?
Key players in the quinine sulfate market are concentrating on creating innovative solutions, like streamlining the synthesis process of quinine and its derivatives. The new solutions are focused on enhancing the effectiveness of the chemical synthesis while reducing time, waste, and cost. The synthetic procedure for quinine sulfate includes chemical interactions designed to replicate the substance's natural liberation from the cinchona tree bark, which facilitates its mass production, predominantly for malaria treatment. As an illustration, in December 2022, Tohoku University based in Japan, attained an efficient enantioselective synthesis of quinine. The research comprised an effective one-pot synthesis of quinine and its derivatives using organocatalysts to simplify the process, hence reducing the necessary steps. Such progress is paramount as it results in minimal chemical waste, less production time, and potentially lesser expenses. Consequently, it provides an avenue for developing new pharmaceuticals and enhances the overall synthesis effectiveness.
How Is the Segmentation of the Quinine Sulfate Market Defined?
The quinine sulfatemarket covered in this report is segmented -
1) By Type: 200mg, 300mg, Other Types
2) By Product: Quinine Sulfate Tablets, Quinine Sulfate Capsules, Quinine Sulfate Injections, Quinine Sulfate Powder, Quinine Sulfate Oral Solutions
3) By Distribution Channel: Hospitals, Retail Pharmacies, Online Pharmacies
4) By Application: Malaria, Problematic Leg Cramps, Lupus, Rheumatoid Arthritis, Other Applications
5) By End-User: Adults, Pediatrics, Geriatrics
Subsegments:
1) By 200 mg: Tablets, Oral Solutions, Capsules
2) By 300 mg: Tablets, Oral Solutions, Capsules
3) Other Types: Injectable Forms, Extended Release Formulations, Combination Products
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What Is the Leading Region in the Quinine Sulfate Market?
Asia-Pacific was the largest region in the quinine sulfate market in 2024. The regions covered in the quinine sulfate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Quinine Sulfate Global Market Report?
- Market Size Analysis: Analyze the Quinine Sulfate Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Quinine Sulfate Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Quinine Sulfate Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Quinine Sulfate Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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