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Artemisinine Market 2021 Key players, Industry Size, Share, Price, Trend and Forecast to 2026
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Artemisinin Derivatives Market | Growing at a CAGR of 6 05% | Growth and Future Prospects
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Artemisinin Derivatives Market Analysis: To Reach Around USD 1,080 MN In 2027
January 29, 2021 | by admin |
The latest market report published by Credence Research, the
Artemisinin Derivatives market was valued at USD 655 million in 2020 and expected to grow at a CAGR of 6.05% during the forecast period from 2021 to 2027 to reach around USD 1,080 million in 2027.
Artemisinin derivatives are a group of active pharmaceutical ingredients which are used in treatment against malaria. Artemisinin and its derivatives effectively fight against malarial and parasitic worm (helminth) infections. They have been proven to be most effective and potential drugs to kill the parasites and its life cycle. Artemisinin is typically derived from the plant Artemisia annua and sweet wormwood. Artemisia annua and sweet wormwood are long been used in traditional Chinese medicines.