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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.
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Quinine Market Growth Dynamics and Competitive Analysis 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.
Request Free Sample Copy of this Report@ https://wemarketresearch.com/reports/request- free-sample-pdf/quinine-market/836 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. 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. Secure a copy of the premium research report@ https://wemarketresearch.com/purchase/quinine-market/836?license=single 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. Contact Us: We Market Research Phone: +1(650)-666-4592 Email: sales@wemarketresearch.com