Artemisinin API Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.3 Billion by 2033, growing at a CAGR of 5.2% from 2026 to 2033.
The global Artemisinin API market was valued at approximately USD 235.7 million in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.4% from 2023 to 2030. This growth is primarily driven by the increasing prevalence of malaria in tropical and subtropical regions and the rising demand for effective antimalarial treatments. Artemisinin, a plant derived compound known for its rapid action against Plasmodium falciparum, remains a critical component in artemisinin based combination therapies (ACTs). The market is also seeing steady demand due to ongoing clinical research for its potential in treating other parasitic diseases and certain cancers. Governments and global health organizations are continuing to support malaria eradication programs, which further drives the need for consistent API production and supply across major health infrastructures.
Regionally, Asia Pacific held the largest share of the Artemisinin API market in 2022, accounting for over 43% of the global revenue, driven by high production capacities in countries like China and increased local demand in malaria endemic zones. Africa followed closely due to high disease burden and reliance on ACTs. Latin America and the Middle East also represent significant demand centers, supported by health initiatives and international funding. North America and Europe showed moderate growth due to lower malaria prevalence but increasing interest in artemisinin derivatives for research and pharmaceutical applications. Emerging opportunities in the market include synthetic artemisinin production, investments in alternative sourcing methods to stabilize supply chains, and rising demand in veterinary medicine. Technological advancements in fermentation and biosynthesis are expected to further diversify production capabilities across regions, enhancing long term supply stability and cost efficiency.
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Sanofi
KPC Pharmaceuticals
Kerui nanhai
Guangxi xiancaotang
Guilin Pharmaceutical
Natural Bio-engineering
BIONEXX
CAT KHANH
BEEPZ
Novanat Bioresource
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Artemisinin API Market
Natural Sources
Synthetic Production
Semi-Synthetic Pathways
Antimalarial Medications
Combination Therapies
Research and Development
Injectable Formulations
Oral Formulations
Topical Formulations
Pharmaceutical Companies
Research Institutes
Contract Manufacturing Organizations
Direct Sales
Online Retail
Distributors and Wholesalers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Artemisinin API Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Artemisinin API Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Artemisinin API Market, By Type
6. Global Artemisinin API Market, By Application
7. Global Artemisinin API Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Artemisinin API Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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