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The global Drugs for Schistosomiasis market generated revenue of around USD 73.4 million in 2020 and anticipated to grow at a CAGR of over 5.6% during the forecast period from 2021 to 2027 to reach around USD 103.4 million in 2027.
Schistosomiasis is a disease that affects the intestines or urogenital areas due to the infection caused by parasitic worms present in water bodies. It is mostly found in Sub-Saharan Africa, Caribbean islands, South East Asia, and the Middle east. Abdominal pain, presence of blood in urine, presence of blood in the stool, enlarged liver, and difficulty in passing urine are the major symptoms of chronic schistosomiasis. The chronic infection might lead to bladder cancer or liver fibrosis.
Key Trends in Global Drugs for Schistosomiasis Market
The increasing number of Schistosomiasis cases is driving the market growth
According to the World Health Organization, there are nearly 240 million people affected by Schistosomiasis worldwide. The major percentage of infected people are from Africa. The infection is prevailing more in the sub-tropical and tropical regions in the world. It affects communities that have no access to potable water and those communities living nearby polluted water streams. Inadequate sanitation is another reason for the spread of schistosomiasis. Lack of proper healthcare facilities prevents early detection of Schistosomiasis in many countries. Schistosomiasis is prevalent in nearly 78 countries worldwide. Pollution of water streams aids in the growth of various Schistosoma species that causes the infection.
Impact of COVID 19 on Global Drugs for Schistosomiasis Market
COVID 19 had a significant impact on global drugs for the Schistosomiasis market. Upon the spread of the pandemic, governments around the world imposed lockdowns and stringent regulations for the movement of people and goods. The drug manufacturing plants' output decreased due to the regulations initially. Hospitals focused on treating COVID 19 patients, and hence detection and treatment of diseases such as Schistosomiasis were delayed. COVID 19 caused a decrease in demand for drugs for schistosomiasis and a decline of 2.5% in total revenue generated by the global drugs for the schistosomiasis market when compared to 2019.
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Global Drugs for Schistosomiasis Market by Drug Type Insights
Artemisinins, Biltricide, Corticosteroids, Metrifonate, Trioxolanes, Praziquantel, and Oxamniquine are the major drugs for schistosomiasis. With nearly 24.3% share, Praziquantel accounted for the majority share of the total revenue generated by the global Schistosomiasis market in 2020.
Praziquantel dominate the global Drugs for Schistosomiasis market
Global Drugs for Schistosomiasis Market by Application Insights
Schistosoma Haematobium, Schistosoma Japonicum, and Schistosoma Mansoni, mostly causes Schistosomiasis. These three species accounted for the majority of the application of drugs for schistosomiasis in 2020. The other three species are limited to certain geographical areas.
Global Drugs for Schistosomiasis Market by Distribution Channel Insights
Hospital pharmacy, online pharmacy, and retail pharmacy are the three major distribution channels in the drugs for the schistosomiasis market. With nearly 32.1 %, hospital pharmacy accounted for the majority of revenue generated in the market, as patients rely heavily on it for the drugs, upon receiving a prescription from the doctors.
Global Drugs for Schistosomiasis Market by Regional Insights
Africa was the largest market of drugs for Schistosomiasis in 2020. They accounted for nearly 28.9% share in overall revenue generated globally. There are nearly 120 million people in sub-Saharan Africa with symptoms related to schistosomiasis. Nearly 20 million people are having chronic conditions. Lack of access to clean water and the presence of polluted water sources drives the infection rate of schistosomiasis in Africa. The Middle East has a significant number of schistosomiasis patients. The number of schistosomiasis patients is increasing in countries with huge populations in Latin America. The presence of a huge number of polluted water streams and living populations near waterbodies drive the growth of schistosomiasis patients in the Asia-Pacific region. The up-gradation of the healthcare systems in Asia-pacific countries is improving the detection of infection.
Global Drugs for Schistosomiasis Market Competitive Landscape
Most prominent players in the global drugs for schistosomiasis include Bayer AG, Chandra Bhagat Pharma Ltd, EIPICO, Merck & Co Inc, Pfizer Inc, Par Pharmaceutical Inc, Samarth Pharma Pvt Ltd, Sanofi SA, Shin Poong Pharm Co Ltd, and Taj Pharmaceuticals Ltd among others. The report covers very detailed profiles of these key players.
Market Segmentation
Global Drugs for Schistosomiasis Market by Drug Type, 2015 - 2027
- Artemisinins
- Biltricide
- Corticosteroids
- Metrifonate
- Trioxolanes
- Praziquantel
- Oxamniquine
- Others
Global Drugs for Schistosomiasis Market by Application, 2015 - 2027
- Schistosoma Guineensis
- Schistosoma Haematobium
- Schistosoma Intercalatum
- Schistosoma Japonicum
- Schistosoma Mansoni
- Schistosoma Mekongi
Global Drugs for Schistosomiasis Market by Distribution Channel, 2015 – 2027
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Global Drugs for Schistosomiasis Market by Region, 2015 - 2027
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Drugs for Schistosomiasis Market: Key Players
- Bayer AG
- Chandra Bhagat Pharma Ltd
- EIPICO
- Merck & Co Inc
- Pfizer Inc
- Par Pharmaceutical Inc
- Samarth Pharma Pvt Ltd
- Sanofi SA
- Shin Poong Pharm Co Ltd
. Taj Pharmaceuticals Ltd
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Market Insights
The global Chromium Picolinate market generated revenue of around USD 10,140 million in 2020 and anticipated to grow at a CAGR of over 8.5% during the forecast period from 2021 to 2027 to reach around USD 18,065 million in 2027.
Chromium tripicolinate or Chromium picolinate is a mineral of chromium which is found in health or dietary supplements. It is a reddish pink colored powder that helps to maintain the healthy cholesterol level, stabilizes the level of blood sugar, and promotes weight loss. Chromium is generally present in food like grain bread, meat, fish, etc. in trace amounts. But there are still some chances of getting chromium deficiency due to rapidly changing lifestyle and changed eating habits, and therefore the consumption of chromium picolinate is one of the effective ways to attain the daily requirement of the chromium. Chromium picolinate is a compound which is easily absorbed by human body.
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Key Trends in Global Chromium Picolinate Market
Rise in Obesity and Overweight
Obesity is a type of disease which involves an excessive amount of body fat. According to the data published in 2016 by WHO (World Health Organization), more than 1.9 billion adults i.e. 39% of the total adults aged 18 years and above were overweight. According to the same data, 650 million adults i.e. 13% of the total adults aged 18 years and above were obese. According to the data provided in 2019 by WHO (World Health Organization), about 38.2 million children aged under 5 years were either overweight or obese. Chromium picolinate is used as a dietary supplement as the help in decreasing the craving of carbohydrate and also helps in fats and carbohydrates. This is anticipated to drive the chromium picolinate market.
Impact of COVID 19 on Global Chromium Picolinate Market
The rapid spread of the new coronavirus strain is vividly altering people’s lives around the globe and this in turn affecting their consumption pattern. There are few — if any — industries that haven’t been impacted in some way. Users’ preferences and behaviors have likely shifted, and may be very different now than they were in 2019. In the COVID-19 situation, the demand for the chromium picolinate was affected due to the restrictions on trade and lockdown. However the demand was not affected adversely as the lockdown and work from home situation created awareness among population for weight management.
Global Chromium Picolinate Market by Grade Insights
On the basis of grade, the Chromium picolinate market is segmented into food grade, pharmaceutical grade, and others. Food Grade segment is anticipated to dominate the grade segment of Chromium Picolinate market. Due to its various benefits of chromium picolinate such as it enhances level of insulin, decreases the craving for carbohydrates, helps in maintaining sugar level in the blood, promotes weight loss, and maintains healthy cholesterol level, it is used in food and hence the demand for chromium picolinate in food grade is increasing.
Global Chromium Picolinate Market by End User Insights
Based on end user, the Chromium Picolinate market is segmented into textile dietary supplement industry, food and beverages industry, feed industry, nutraceutical industry, and others. Dietary supplement segment is anticipated to dominate the end user segment of Chromium Picolinate market. Dietary supplements are the products which can be eaten or drunk and are used to support and increase good health of a person. The growing awareness about maintaining health is anticipated to increase the demand for dietary supplements worldwide. This increase in demand fuels the growth of the dietary supplement segment of chromium picolinate market.
Global Chromium Picolinate Market by Regional Insights
The largest market for Chromium Picolinate is North America which accounted for approximately 36% of the total revenue generated. The highly developed technologies for food industries, rising awareness about the benefits of chromium picolinate and dietary supplements, major manufacturing base, and health conscious population is driving the growth of the North American chromium picolinate market. Asia Pacific is anticipated to show a high growth rate owing to the presence of obese and overweight population, increase in awareness about the benefit of dietary supplements, awareness about importance good health and rising industrial base in countries such as India, China, etc.
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Global Chromium Picolinate Market Competitive Landscape
The main players of the global Chromium Picolinate market include Merck KGaA, Sellwell(Group) Chemical Factory, Resonance Specialities Ltd., Amsal Cambridge Commodities Limited, Chem Private Limited, Chemlock Metals Corporation, Celtic Chemicals Ltd, Oceanic Laboratories Pvt. Ltd., Anmol Chemicals Group, Mubychem Group, Salvi Chemical Industries Ltd., Yihan Industrial Co., Ltd., and Others. The report covers detailed profiles of the key players.
Market Segmentation
Global Chromium Picolinate Market by Type, 2015 - 2027
- Food Grade
- Pharmaceutical Grade
- Others
Global Chromium Picolinate Market by End User, 2015 - 2027
- Dietary supplement Industry
- Food and beverages Industry
- Feed Industry
- Nutraceutical Industry
- Others
Global Chromium Picolinate Market by Region, 2015 - 2027
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Chromium Picolinate Market: Key Players
- Merck KGaA
- Sellwell(Group) Chemical Factory
- Resonance Specialities Ltd.
- Amsal Cambridge Commodities Limited
- Chem Private Limited
- Chemlock Metals Corporation
- Celtic Chemicals Ltd
- Oceanic Laboratories Pvt. Ltd.
- Anmol Chemicals Group
- Mubychem Group
- Salvi Chemical Industries Ltd.
- Yihan Industrial Co., Ltd.
- Others
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The global Meso Erythritol market generated revenue of around USD 325.2 million in 2020 and anticipated to grow at a CAGR of over 2.3% during the forecast period from 2021 to 2027 to reach around USD 381.3 million in 2027.
Market Insights
Erythritol (meso-erythritol, meso-1,2,3,4-Tetrahydroxybutan) is a chemical compound made up of sugar alcohol or polyol ring. Erythritol is used as a sugar substitute or food additive and is naturally occurring. It is made using corn plant by using enzymes and fermentation process. It is also known as glycemic food additive. Erythritol is used as a sweetener for diabetic patients, as it does not have insulinemic or glycemic effect.
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Key Trends in Global Meso Erythritol Market
Rise in Prevalence of Diabetes
Erythritol is a chemical compound which is used as a sweetener. According to the data provided by CDC in Diabetes Statistics Report for 2020, in 2018, about 10% of total population of U.S. or approximately 34.2 million population of U.S. were suffering from diabetes. As per statistics revealed by International Diabetes Federation, more than 450 million of adults were suffering from diabetes and this number will reach over 700 million by the end of 2045. In the same data it is stated that 1 out of 5 people aged above 65 years suffer from diabetes. Erythritol is about 60%-70% as sweet as sucrose and is almost considered non-caloric. The compound doesn’t affect blood sugar level and doesn’t cause tooth decay. This advantages of erythritol over sucrose and increase inn cases of diabetes is driving the growth of meso erythritol market.
Impact of COVID 19 on Global Meso Erythritol Market
There is almost no industry that has not been affected by the COVID 19 pandemic outbreak. Following COVDI 19, there has been a significant shift in consumer purchasing behaviour and consumption patterns. Due to trade restrictions and a lockdown in the COVID-19 situation, demand for Meso Erythritol was severely impacted. Furthermore, the increased awareness of the importance of maintaining one's health as a result of the COVID-19 situation has hampered the growth of the meso erythritol market after 2019.
Global Meso Erythritol Market by Type Insights
On the basis of type, the Meso Erythritol market is segmented into 20-30 mesh, 30-60 mesh, 60-80 mesh, 100 mesh and others. 20-30 mesh segment is anticipated to dominate the grade segment of Meso Erythritol market. The growing application of 20-30 mesh meso erythritol in pharmaceutical and cosmetic industry is anticipated to fuel the growth of the segment. 30-60 mesh segment is anticipated to show a higher CAGR in the forecast period.
Global Meso Erythritol Market by Application Insights
The Meso Erythritol market is classified into pharmaceutical industry, food industry, cosmetic industry, and others. The pharmaceutical industry is expected to dominate the end user segment of the Meso Erythritol market. Rapid technological development in the pharmaceutical industry, the use of meso erythritol in the production of various drugs, and an increase in the rapid production of pharmacy products are expected to primarily drive the pharmaceutical segment's growth. The food industry is expected to grow rapidly during the forecast period due to the use of meso erythritol as a sweetener because it has few or Zero calories.
Global Meso Erythritol Market by Regional Insights
The largest market for Meso Erythritol is North America which accounted for approximately 38% of the total revenue generated. The developed technologies for pharmaceutical industries, rising awareness about the benefits of Meso Erythritol over sucrose, and health conscious population is driving the growth of the North American Meso Erythritol market. Asia Pacific is anticipated to show a high growth rate owing to the increase of prevalence of diabetes, rapidly developing pharmaceutical industry, and growing awareness about the health and effect of sweeteners.
Global Meso Erythritol Market Competitive Landscape
The main players of the global Meso Erythritol market include Nikken-chemical, Futaste, Mitsubishi, Zhongshun Sci. &Tech., Shandong Sanyuan Biotechnology, Cargill, Baolingbao Biology and Others. The report covers detailed profiles of the key players.
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Market Insights
The market size of global electronic chemical market was around USD 48,500 million in 2020 and likely to exhibit CAGR of over 6% during the forecast period, 2021 to 2027, to reach an estimated USD 70,000 million in 2027.
Electronic chemicals are the highly sophisticated chemicals which are mainly used at various stages of electronic products’ manufacturing such as printed circuit board (PCB), semiconductor, and displays. Also, electronic chemicals are significantly used in advanced chemical purification technologies namely ion exchange, distillation, gas adsorption and filtration in order to offer consistently low contaminant levels in the high-purity process chemicals.
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Key Trends in Global Electronic chemical Market
Increasing demand for electronic products
Significantly increasing the demand for electronic products across the globe is boosting demand for electronic chemicals; as it plays crucial role in the manufacturing of display, capacitors, and semiconductor. In addition to this, massive adoption of technologies including AI (Artificial Intelligence), and IoT, across the globe, have created a new product category of intelligent home devices. For example, according to Cisco, one of the worldwide players in IT and networking, every second, there are around 127 new IoT appliances connected to the internet, and there could be 75 billion+ IoT devices online, by the end of 2025. Above figures showcases that the demand for electronic chips, mobile-phones, and integrated circuits is expected to accelerate, which may eventually fuel the global electronic cemical market, during the forecast period.
Impact of COVID 19 on Global Electronic chemical Market
The sustainability of the electronic chemical industry is significantly attributed to the enormously growing need from the electronics sector worldwide. However, COVID-19 has a considerable impact on revenue generation of global electronic chemical market. Border closures, industrial lockdown, and travel bans are dramatically causing significant disruptions to supply chains and other business operations. Though the majority of the countries have implemented shutdown in order to prevent the health impact of pandemic, this industry may survive owing to the robust presence of leading chemical manufacturers including DowDuPont, Hitachi Chemical, and BASF SE. Also, such organizations are coming up with strategic-steps such as product development, merges & acquisitions and others. For example, in January 2020, Showa Denko, significant electronic chemical provider, has acquired Hitachi Chemical in a worth of $8.8 billion, amid COVID-19 crisis.
Global Electronic chemical Market by Type Insights
On the basis of type the global electronic chemicals market is broadly categorized into wet chemicals, low K dielectrics, photoresist chemicals, conductive polymers, CMP slurries, specialty gases, PCB laminates, and silicon wafers. Silicon wafer accounted for the largest share of the total revenue generated by the global electronic chemical market in 2020.
Global Electronic Chemical Market by Application Insights
Semiconductors and others are the two major application areas for the global electronic chemical market. Moreover, semiconductors segment is further classified into integrated circuits and Printed Circuit Board. Semiconductors segment accounted for the vast majority in the revenue generation of Electronic Chemical in 2020. It accounted for over 55% share in 2020.
Global Electronic chemical Market by Regional Insights
Asia Pacific was the largest market for electronic chemical market in 2020 and accounted for over 60% share in total revenue generation. Asia Pacific is also expected to exhibit notable growth rate, during the analysis period. The massive expansion of electronics industry particularly in China, India, Australia, and Japan have surged the demand for electronic chemicals in APAC region. In addition to this, the developments in IT & telecommunications, electronic gaming, smart cards, and consumer goods such as mobile phones, personal computer and digital cameras have also created positive impact on the Asia-Pacific electronic chemical market, in the review period. Europe also holds the significant market share and likely to hold its prominent position in the market.
Global Electronic Chemical Market Competitive Landscape
Most prominent players in the global electronic chemical market include Cabot Microelectronics, Air Products and Chemicals, Linde plc, Solvay A.G., Air Liquide, Covestro, DowDuPont, Hitachi Chemical, BASF AG, and Shin-Etsu. The report covers very detailed profiles of these key players.
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