Market Overview:
The global griseofulvin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for griseofulvin from the agriculture, medicine, and chemical industry sectors. Griseofulvin is used as an antifungal agent in agriculture and as an anti-inflammatory and immunosuppressive agent in medicine. It is also used as a precursor for various pharmaceuticals and agrochemicals.
Product Definition:
Griseofulvin is an antibiotic used to treat fungal infections. It is important because it can help clear up skin infections, such as ringworm and athlete's foot.
Penicillium Nigrum:
Penicillium nigrum is a Penicillium fungus, widely used in the production of Griseofulvin. It is also known as Chinese black fungus or Asian black mushroom and its scientific name is Aspergillus niger. The growth of this fungus can be accelerated by adding sugar (lactose) and corn (maize) feedstock to the culture medium.
Penicillium Urticae:
Penicillium urticae is a mold that lives on the plant matter of various species and produces an antibiotic substance called penicillin. The antibiotic substance found in P. urticae is used to treat bacterial infections in humans and animals. Penicillin based antibiotics are widely used for the treatment of syphilis, gonorrhea, leprosy, pneumonia (respiratory tract), rheumatoid arthritis, dengue fever and Lyme disease among others.
Application Insights:
The application segment includes agriculture, medicine, other and chemical industry. The griseofulvin market in the agriculture sector accounted for a volume share of over 60% in 2017. Griseofulvin is widely used as an antibiotic to treat fungal infections of plants and animals caused by various pathogens including Aspergillus flavus, A. parasiticus, Fumigatus rubriportens among others. It is also used to control plant diseases such as Alternaria spp., Botrytis cinerea and Pythium spp., among others which are caused due to fungal infection at the cellular level.
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017 owing to the high prevalence of dermatophytosis and other fungal infections in this region. The U.K., Germany, France, Italy, and Spain are some of the major countries that contribute to a large extent towards market growth in Europe due to increased awareness regarding these infections as well as availability of advanced treatment options.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR close to 6% from 2018 to 2030 owing both macro-economic factors such as increasing disposable income coupled with rising healthcare expenditure along with micro-economic factors such as improving healthcare infrastructure & availability & affordability/quality services by physicians specialized in these diseases thus leading into an increase demand for griseofulvin tablets over this period which will drive regional market growth during forecast period.
Growth Factors:
- Increasing incidence of fungal infections: The increasing incidence of fungal infections is one of the key growth drivers for the global griseofulvin market. Fungal infections are caused by a group of microorganisms, which include yeasts and molds. These microorganisms can cause serious health problems in humans, including skin infection, respiratory infection, and blood stream infection. According to a study by the Centers for Disease Control and Prevention (CDC), around 6 million people in the U.S. contract a fungal infection every year, out of which almost 3 million cases are resistant to antifungal drugs available in the market currently. This is expected to create significant demand for griseofulvin in coming years
- Rising prevalence of HIV/AIDS: The rising prevalence of HIV/AIDS is another major growth driver for the global griseofulvin market as this condition increases susceptibility to fungal infections among patients infected with HIV virus strains such as Candida albicans and Cryptococcus neoformans . Griseofulvin has been found to be effective against these strains and hence its use is increasing among patients with HIV/AIDS globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Griseofulvin Market Research Report
By Type
Penicillium Nigrum, Penicillium Urticae, Other
By Application
Agriculture, Medicine, Chemical Industry, Other
By Companies
GlaxoSmithKline, Inga Pharmaceuticals, Dr. Reddy's Laboratories, CFL Pharmaceuticals Limited, Comed Chemicals Limited, BAL Pharma Ltd., Chifeng Pharmaceutical Co. Ltd, Nippon Kayaku
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Griseofulvin Market Report Segments:
The global Griseofulvin market is segmented on the basis of:
Types
Penicillium Nigrum, Penicillium Urticae, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Medicine, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GlaxoSmithKline
- Inga Pharmaceuticals
- Dr. Reddy's Laboratories
- CFL Pharmaceuticals Limited
- Comed Chemicals Limited
- BAL Pharma Ltd.
- Chifeng Pharmaceutical Co. Ltd
- Nippon Kayaku
Highlights of The Griseofulvin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Penicillium Nigrum
- Penicillium Urticae
- Other
- By Application:
- Agriculture
- Medicine
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Griseofulvin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Griseofulvin is a medication used to treat fungal infections. It works by killing the fungus.
Some of the key players operating in the griseofulvin market are GlaxoSmithKline, Inga Pharmaceuticals, Dr. Reddy's Laboratories, CFL Pharmaceuticals Limited, Comed Chemicals Limited, BAL Pharma Ltd., Chifeng Pharmaceutical Co. Ltd, Nippon Kayaku.
The griseofulvin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Griseofulvin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Griseofulvin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Griseofulvin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Griseofulvin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Griseofulvin Market Size & Forecast, 2018-2028
4.5.1 Griseofulvin Market Size and Y-o-Y Growth
4.5.2 Griseofulvin Market Absolute $ Opportunity
Chapter 5 Global Griseofulvin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Griseofulvin Market Size Forecast by Type
5.2.1 Penicillium Nigrum
5.2.2 Penicillium Urticae
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Griseofulvin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Griseofulvin Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Medicine
6.2.3 Chemical Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Griseofulvin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Griseofulvin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Griseofulvin Analysis and Forecast
9.1 Introduction
9.2 North America Griseofulvin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Griseofulvin Market Size Forecast by Type
9.6.1 Penicillium Nigrum
9.6.2 Penicillium Urticae
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Griseofulvin Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Medicine
9.10.3 Chemical Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Griseofulvin Analysis and Forecast
10.1 Introduction
10.2 Europe Griseofulvin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Griseofulvin Market Size Forecast by Type
10.6.1 Penicillium Nigrum
10.6.2 Penicillium Urticae
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Griseofulvin Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Medicine
10.10.3 Chemical Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Griseofulvin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Griseofulvin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Griseofulvin Market Size Forecast by Type
11.6.1 Penicillium Nigrum
11.6.2 Penicillium Urticae
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Griseofulvin Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Medicine
11.10.3 Chemical Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Griseofulvin Analysis and Forecast
12.1 Introduction
12.2 Latin America Griseofulvin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Griseofulvin Market Size Forecast by Type
12.6.1 Penicillium Nigrum
12.6.2 Penicillium Urticae
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Griseofulvin Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Medicine
12.10.3 Chemical Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Griseofulvin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Griseofulvin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Griseofulvin Market Size Forecast by Type
13.6.1 Penicillium Nigrum
13.6.2 Penicillium Urticae
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Griseofulvin Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Medicine
13.10.3 Chemical Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Griseofulvin Market: Competitive Dashboard
14.2 Global Griseofulvin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GlaxoSmithKline
14.3.2 Inga Pharmaceuticals
14.3.3 Dr. Reddy's Laboratories
14.3.4 CFL Pharmaceuticals Limited
14.3.5 Comed Chemicals Limited
14.3.6 BAL Pharma Ltd.
14.3.7 Chifeng Pharmaceutical Co. Ltd
14.3.8 Nippon Kayaku
