Marine Pharmaceuticals Market

The drug obtained from marine organisms which are being conventionally used like shark and cod-liver oils, sodium alginate, agar-agar, chitin etc.

Marine organisms are potential source for drug discovery. Life has originated from the oceans that cover over 70% of the surface of earth and contain highly ecological, chemical and biological diversity starting from micro-organisms to vertebrates. This diversity has been the source of unique chemical compounds, which hold tremendous pharmaceutical potential.

Marine Pharmaceuticals Market contains market size and forecasts of Marine Pharmaceuticals in global, including the following market information:

Global Marine Pharmaceuticals Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Marine Pharmaceuticals Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Marine Pharmaceuticals companies in 2021 (%)

The global Marine Pharmaceuticals market was valued at 30350 million in 2021 and is projected to reach US$ 52480 million by 2028, at a CAGR of 8.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Drugs Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Marine Pharmaceuticals include Seattle Genetics, DSM, Eisai Co, Takeda, BASF, Amway, Pfizer, Pelagia (EPAX) and Pharma Mar SA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Pharmaceuticals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Marine Pharmaceuticals Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Marine Pharmaceuticals Market Segment Percentages, by Type, 2021 (%)

Drugs

Health Supplement

Global Marine Pharmaceuticals Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Marine Pharmaceuticals Market Segment Percentages, by Application, 2021 (%)

Hospital & Clinic

Pharmacy

Other

Global Marine Pharmaceuticals Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Marine Pharmaceuticals Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Marine Pharmaceuticals revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Marine Pharmaceuticals revenues share in global market, 2021 (%)

Key companies Marine Pharmaceuticals sales in global market, 2017-2022 (Estimated), (M Units)

Key companies Marine Pharmaceuticals sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Seattle Genetics

DSM

Eisai Co

Takeda

BASF

Amway

Pfizer

Pelagia (EPAX)

Pharma Mar SA

Croda

GNC

GSK

TerSera Therapeutics

Nordic Naturals

Carlson Labs