India Amoxicillin Market to grow at a steady rate During the Forecast Period
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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