Product Code: ETC13245084 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Artemisinic Acid Market was valued at USD 0.73 Billion in 2024 and is expected to reach USD 1.3 Billion by 2031, growing at a compound annual growth rate of 9.84% during the forecast period (2025-2031).
The Global Artemisinic Acid Market is witnessing steady growth due to the increasing demand for artemisinin-based combination therapies (ACTs) in the treatment of malaria. Artemisinic acid, a precursor for the production of artemisinin, which is the key ingredient in ACTs, is primarily derived from the sweet wormwood plant. The rising prevalence of malaria in regions like Africa and Asia is driving the demand for artemisinic acid as it remains a crucial component in the fight against the disease. Additionally, advancements in biotechnology and genetic engineering are enhancing the production efficiency of artemisinic acid, further propelling market growth. Key players in the Global Artemisinic Acid Market include pharmaceutical companies, biotechnology firms, and research institutions focused on developing cost-effective and sustainable sources of artemisinin.
The Global Artemisinic Acid Market is experiencing significant growth due to the rising demand for artemisinin-based combination therapies (ACTs) in the pharmaceutical industry for treating malaria. The increasing prevalence of malaria in tropical and subtropical regions has led to a surge in the production of artemisinic acid, a key precursor in the synthesis of artemisinin. Moreover, the growing awareness regarding the effectiveness of artemisinin derivatives in combating multidrug-resistant strains of malaria is driving market expansion. Opportunities in the market include the development of innovative extraction and purification techniques to enhance the yield and quality of artemisinic acid, as well as the exploration of potential applications in other therapeutic areas. Strategic partnerships and collaborations between key players in the industry are also expected to drive market growth in the coming years.
The Global Artemisinic Acid Market faces several challenges, including fluctuations in the availability and pricing of raw materials, such as artemisinin, which is a key component in the production of artemisinic acid. Additionally, regulatory hurdles and quality control issues in the manufacturing process can impact the market. Competition from alternative malaria treatments and the emergence of counterfeit products also pose challenges to the market growth. Furthermore, the limited awareness about artemisinic acid and its benefits among consumers and healthcare professionals can hinder market expansion. Adapting to changing regulatory environments, ensuring a consistent and sustainable supply chain, and increasing education and outreach efforts are crucial for overcoming these challenges in the Global Artemisinic Acid Market.
The global artemisinic acid market is primarily driven by the rising demand for artemisinin-based combination therapies (ACTs) in the treatment of malaria. With malaria being a significant public health concern in many regions, the need for effective and affordable antimalarial drugs has increased. Artemisinic acid is a key intermediate in the production of artemisinin, the main component in ACTs known for its high efficacy against malaria parasites. Additionally, the growing investments in research and development activities to enhance the production efficiency and sustainability of artemisinic acid further propel market growth. Furthermore, the increasing focus on promoting access to quality healthcare in developing countries and the rising awareness about the benefits of artemisinin-based drugs contribute to the expansion of the global artemisinic acid market.
Government policies related to the Global Artemisinic Acid Market primarily focus on promoting sustainable production practices, ensuring quality standards, and regulating the supply chain to prevent counterfeit products. Many countries have implemented Good Agricultural Practices (GAP) to improve the cultivation of Artemisia annua, the plant from which artemisinin is derived. Additionally, regulations are in place to monitor the extraction and processing of artemisinic acid to maintain its efficacy in malaria treatment. Governments also collaborate with organizations like the World Health Organization (WHO) to monitor the supply and distribution of artemisinic acid-based drugs, aiming to combat drug resistance and guarantee access to high-quality medication worldwide. These policies aim to support the growth of the artemisinic acid market while ensuring the sustainability and effectiveness of artemisinin-based drugs.
The Global Artemisinic Acid Market is expected to witness significant growth in the coming years due to the increasing demand for artemisinin-based combination therapies (ACTs) in the treatment of malaria. The rise in malaria cases, particularly in regions like Africa and Southeast Asia, coupled with the growing awareness about the effectiveness of artemisinic acid in combating the disease, is driving the market expansion. Furthermore, ongoing research and development activities aimed at enhancing the production efficiency of artemisinic acid from natural sources like sweet wormwood are anticipated to further boost market growth. However, challenges such as limited availability of raw materials and regulatory constraints may hinder market growth to some extent. Overall, the Global Artemisinic Acid Market is poised for steady growth in the foreseeable future.
In the Global Artemisinic Acid Market, Asia dominates in terms of production and consumption due to the presence of key artemisinin-producing countries like China and India. North America and Europe also play significant roles in the market, with a focus on research and development activities related to artemisinic acid derivatives. The Middle East and Africa region is witnessing a growing demand for artemisinic acid, driven by the increasing prevalence of malaria in the region. Latin America is emerging as a potential market for artemisinic acid, with a rise in awareness about the benefits of artemisinin-based drugs. Overall, the global artemisinic acid market is characterized by regional variations in terms of production, consumption, and market dynamics, with Asia leading the way in the industry.
Global Artemisinic Acid Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Artemisinic Acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Artemisinic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Artemisinic Acid Market - Industry Life Cycle |
3.4 Global Artemisinic Acid Market - Porter's Five Forces |
3.5 Global Artemisinic Acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Artemisinic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Global Artemisinic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Artemisinic Acid Market Trends |
6 Global Artemisinic Acid Market, 2021 - 2031 |
6.1 Global Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Artemisinic Acid Market, Revenues & Volume, By Antimalarial Injections, 2021 - 2031 |
6.1.3 Global Artemisinic Acid Market, Revenues & Volume, By Antimalarial Tablets, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Artemisinic Acid Market, Overview & Analysis |
7.1 North America Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
8 Latin America (LATAM) Artemisinic Acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
9 Asia Artemisinic Acid Market, Overview & Analysis |
9.1 Asia Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
10 Africa Artemisinic Acid Market, Overview & Analysis |
10.1 Africa Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
11 Europe Artemisinic Acid Market, Overview & Analysis |
11.1 Europe Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
12 Middle East Artemisinic Acid Market, Overview & Analysis |
12.1 Middle East Artemisinic Acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Artemisinic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Artemisinic Acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Artemisinic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
13 Global Artemisinic Acid Market Key Performance Indicators |
14 Global Artemisinic Acid Market - Export/Import By Countries Assessment |
15 Global Artemisinic Acid Market - Opportunity Assessment |
15.1 Global Artemisinic Acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Artemisinic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
16 Global Artemisinic Acid Market - Competitive Landscape |
16.1 Global Artemisinic Acid Market Revenue Share, By Companies, 2024 |
16.2 Global Artemisinic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |