Global Athlete’s Foot Market to Witness Significant Growth...

Global Athlete’s Foot Market to Witness Significant Growth due to Increasing Prevalence of Fungal Infections

Posté 2024-05-14 13:38:06

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The global Athlete’s Foot market is estimated to be valued at US$ 1.41 BN in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024 to 2031. Athlete’s foot, also known as tinea pedis, is a common fungal infection of the feet that causes itching, scaling, or cracking of the skin. It frequently involves the spaces between the toes. The increasing prevalence of fungal infections such as athlete’s foot globally is fueling the demand for effective treatment options.

Key Takeaways

Key players operating in the global Athlete’s Foot market are Perrigo Company Plc., Novartis AG, Valeant Pharmaceuticals International, GlaxoSmithKline plc, Bayer AG, Teva Pharmaceuticals Industries Ltd., Mylan NV, Glenmark Pharmaceutical Ltd, Taro Pharmaceutical Industries Ltd., Camber Pharmaceuticals Inc, and Aurobindo Pharma Ltd.

The key opportunities in the Global Athlete’s Foot Market Trends include the increasing awareness regarding fungal infections and benefits of timely treatment. Furthermore, the market players are focused on developing innovative product formulations such as peptide-based formulations and combination treatment regimens to expand their market share.

The global Athlete’s Foot market is also witnessing significant expansion in developing regions. The rising health expenditures and improving access to healthcare in countries such as India, China, Brazil, and Mexico are expected to drive the market growth in these regions over the forecast period.

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