India Amoxicillin Market to Grow at a Steady Rate During the Forecast Period

By | October 16, 2020
India Amoxicillin Market

Growing prevalence of respiratory diseases is expected to drive the growth of India amoxicillin market.

According to TechSci Research report, India Amoxicillin Market By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Suspension), By Route of Administration (Oral v/s Intravenous), By Distribution Channel (Online v/s Offline), By Application (Respiratory Tract Infections, Skin Infections, UTI, Kidney Infections, Ear & Nose Infections, Others), By Company, By Region, Forecast & Opportunities, FY2026”, the India amoxicillin market is expected to grow at a steady rate during the forecast period on account of the growing use of the antibiotic in the prevention of several bacterial infections. Additionally, supportive government policies such as the establishment of bulk drug parks, launch of incentive linked production scheme for manufacturing of 53 APIs in the country, Local for Vocal, Make in India, Aatmanirbhar Bharat, among others are expected to create lucrative opportunities for the market growth through FY2026. However, amoxicillin is only effective against bacterial infections not against the viral ones. This in turn is expected to slow down the market growth over the next few years. Also, several side-effects such as nausea, vomiting, diarrhea, rashes, pain, among others associated with the consumption of amoxicillin can further restrict the market growth during the forecast period.

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The India amoxicillin market is segmented based on source, form, route of administration, distribution channel, application, company and region. Based on source, the market can be split into in-house and contract manufacturing organizations. The contract manufacturing organizations is expected to witness significant growth during the forecast period since companies have started outsourcing the production of drugs to these organizations so that they can focus on research & development of drugs. Additionally, these organizations fulfil the customer requirement in a lesser time frame and offer competitive pricing to the customers. They are also capable enough to fulfil the bulk requirements of their clients. Based on form, the market can be categorized into tablet, capsule and suspension. The tablet segment is expected to dominate the market since a single tablet can accommodate a higher dose of API as compared to a capsule. Additionally, tablets are durable, inexpensive, long lasting, can be split accordingly for small dosing, among others. Based on distribution channel, the market can be split into online and offline. The online channel is expected to witness significant growth in the market on account of the penetration of large chain of online pharmacies and several e-commerce platforms.

GlaxoSmithKline Pharmaceuticals Ltd, Sun Pharmaceuticals Industries Limited, Teva API India Limited, Novartis India Limited (Sandoz Private Limited), Dr. Reddy’s Laboratories, Cipla Limited, Aurobindo Pharma Limited, Kopran Limited, Sneha Medicare Pvt Ltd., AstraZeneca Pharma India Ltd. and others are some of the leading players operating in India amoxicillin market.

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“India Amoxicillin market is expected to witness growth during the forecast period on account of the growing prevalence of bacterial infections among the population especially UTI, respiratory disorders, among others. Additionally, the Pharma Vision 2020 which aims at making India a global drug and APIs manufacturer is further expected to create lucrative opportunities for market growth through FY2026.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based India management consulting firm.

India Amoxicillin Market By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Suspension), By Route of Administration (Oral v/s Intravenous), By Distribution Channel (Online v/s Offline), By Application (Respiratory Tract Infections, Skin Infections, UTI, Kidney Infections, Ear & Nose Infections, Others), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India amoxicillin market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India amoxicillin market.

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