Marine Pharmaceutical Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Pharmaceutical properties coupled with increasing licensing agreements is likely to grow the marine pharmaceutical market.
Marine Pharmaceutical Market is valued at USD 1.20 Billion in 2018 and expected to reach USD 2.01 Billion by 2025 with the CAGR of 7.6% over the forecast period.
Marine pharmaceuticals are the drugs and pharmaceutical products derived from marine organisms. As 70% of the earth is covered from oceans and it has a large biodiversity and various minerals and vitamins which may help in the treatment of various disorders. There are various pharmaceutical products derives from the marine life includes cod liver oil, chitin, agar and others. Marine algae are also rich in various anti-inflammatory properties and minerals which help in the treatment of inflammatory diseases. The marine pharmaceuticals are natural products with the reduced side effects and increased efficiency on a large scale.
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Marine Pharmaceutical Market report is segmented on chemicals, marine group, application and by regional & country level. Based upon chemicals, marine pharmaceutical market is segmented into phenols, strigolactones, ethers, steroids, and peptides. On the basis of marine group, the market is segmented into marine algae, marine microorganisms, and marine invertebrates. Based upon application, marine pharmaceutical market is classified into Oncology, Cardiovascular, Anti-infective and others.
The regions covered in this Marine Pharmaceutical market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Marine Pharmaceutical market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Marine Pharmaceutical Market Reports–
Some major key players for Marine Pharmaceutical market are Genzyme, Abbott Laboratories, Marine Polymer Technologies, Inc., Bayer Innovation, Pharma Marine USA, Takeda Oncology’s Millennium, LLC, Xenome Limited among others.
In 2019, Pharma Marine USA the next generation in the Gjendemsjø family has joined the Pharma Marine team and work together to provide premium quality products that are great for planet, health and future generations.
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Pharmaceutical properties coupled with increasing licensing agreements are the key factor which helps Marine Pharmaceutical Market to grow.
Over the period of time there has been increase in the licensing agreements among market players which have provide excess to the improved and advanced technology for each other which help in the development of various pharmaceutical products. Furthermore, various anti-inflammatory, antibacterial and others properties has fueled the growth of marine pharmaceuticals market. Moreover, increased exploration of marine life and marine derived substance has also increased the demand for marine pharmaceuticals. Increased prevalence of chronic disorders and increased technological advancement are further expected to contribute the growth of marine pharmaceutical market over the forecast period. Increased in research and development activities are further expected to create ample opportunities in the marine pharmaceutical market. However, high cost of these drugs is expected to hamper the growth of marine pharmaceutical market in the near future.
North America is expected to dominate the Marine Pharmaceutical Market.
North America is expected to account for the major market share over the forecast period owing to the presence of developed economies such as India, China and others. The high disposable income and developed healthcare facilities coupled with increased adoption of advanced technology for the production of marine pharmaceuticals. Europe is expected to account for the second largest market share owing to the presence of advanced technology coupled with increase in research and development activities on large scale are expected to support the growth of marine pharmaceutical market. Asia Pacific is expected to develop rapidly over the forecast period owing the presence of developing economies such as India, China and others. Furthermore, increasing disposable income coupled with increased prevalence of chronic disorders and infectious diseases are expected to anticipate the growth of marine pharmaceutical market over the forecast period. Africa, Latin America, and Middle East are expected to develop at a considerable rate in the near future.
Key Benefits for Marine Pharmaceutical Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Marine Pharmaceutical Market Segmentation –
By Marine Group
By Regional & Country Analysis:
Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Marine Pharmaceutical Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Marine Pharmaceutical Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Marine Pharmaceutical Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Global Marine Pharmaceutical Market Overview: Quantitative Analysis
4. Chapter – Global Marine Pharmaceutical Market Analysis: By Chemicals
5. Chapter – Global Marine Pharmaceutical Market Analysis: By Marine Group
6. Chapter – Global Marine Pharmaceutical Market Analysis: By Application
7. Chapter – Global Marine Pharmaceutical Market Analysis: By Manufacturer
8. Chapter –Marine Pharmaceutical Market: Regional Analysis
9. Chapter – Company Profiles
9.1.3. Product portfolio
9.1.4. Marine Pharmaceutical Market Revenue (USD Million) and Market Share (%), 2014 – 2018
9.1.5. Marine Pharmaceutical Sales Market Share (%), 2014 – 2018
9.1.6. Business strategy
9.1.7. Recent developments
9.2. Abbott Laboratories
9.3. Marine Polymer Technologies, Inc.
9.4. Bayer Innovation
9.5. Pharma Marine USA
9.6. Takeda Oncology’s Millennium, LLC
9.7. Xenome Limited
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