Zinc sulfate - Generic Drug Details

What are the generic drug sources for zinc sulfate and what is the scope of freedom to operate?

Zinc sulfate is the generic ingredient in one branded drug marketed by Abraxis Pharm, Am Regent, Apotex, Fresenius Kabi Usa, Gland Pharma Ltd, Nivagen Pharms Inc, Somerset Theraps Llc, and Zydus Pharms, and is included in eight NDAs. Additional information is available in the individual branded drug profile pages.

There is one drug master file entry for zinc sulfate. Nine suppliers are listed for this compound.

Summary for zinc sulfate

US Patents:	0
Tradenames:	1
Applicants:	8
NDAs:	8
Drug Master File Entries:	1
Finished Product Suppliers / Packagers:	9
Raw Ingredient (Bulk) Api Vendors:	48
Clinical Trials:	1,080
Patent Applications:	3,727
Drug Sales Revenues:	Drug sales revenues for zinc sulfate
What excipients (inactive ingredients) are in zinc sulfate?	zinc sulfate excipients list
DailyMed Link:	zinc sulfate at DailyMed

See drug sales revenues for zinc sulfate

Recent Clinical Trials for zinc sulfate

Identify potential brand extensions & 505(b)(2) entrants

Sponsor	Phase
Bellicum Pharmaceuticals	Phase 1/Phase 2
UNC Lineberger Comprehensive Cancer Center	Phase 1/Phase 2
University Cancer Research Fund at Lineberger Comprehensive Cancer Center	Phase 1/Phase 2

See all zinc sulfate clinical trials

Pharmacology for zinc sulfate

Drug Class	Copper Absorption Inhibitor
Physiological Effect	Decreased Copper Ion Absorption

Medical Subject Heading (MeSH) Categories for zinc sulfate

Astringents

Anatomical Therapeutic Chemical (ATC) Classes for zinc sulfate

A12CB	Zinc
A12C	OTHER MINERAL SUPPLEMENTS
A12	MINERAL SUPPLEMENTS
A	Alimentary tract and metabolism

B05XA	Electrolyte solutions
B05X	I.V. SOLUTION ADDITIVES
B05	BLOOD SUBSTITUTES AND PERFUSION SOLUTIONS
B	Blood and blood forming organs

US Patents and Regulatory Information for zinc sulfate

Applicant	Tradename	Generic Name	Dosage	NDA	Approval Date	TE	Type	RLD	RS	Patent No.	Patent Expiration	Product	Substance	Delist Req.	Exclusivity Expiration
Nivagen Pharms Inc	ZINC SULFATE	zinc sulfate	SOLUTION;INTRAVENOUS	214597-003	Jul 5, 2024	AP	RX	No	No
Nivagen Pharms Inc	ZINC SULFATE	zinc sulfate	SOLUTION;INTRAVENOUS	214597-002	Jul 5, 2024	AP	RX	No	No
Am Regent	ZINC SULFATE	zinc sulfate	SOLUTION;INTRAVENOUS	209377-001	Jul 18, 2019	AP	RX	Yes	Yes
Nivagen Pharms Inc	ZINC SULFATE	zinc sulfate	SOLUTION;INTRAVENOUS	214597-001	Jul 5, 2024	AP	RX	No	No

Zinc sulfate Market Analysis and Financial Projection Experimental

Zinc Sulphate Market Dynamics and Financial Trajectory

Introduction to Zinc Sulphate

Zinc sulphate, a crucial compound in various industries, is witnessing significant growth driven by its multifaceted applications. From agricultural fertilizers to pharmaceuticals and industrial uses, zinc sulphate is a key ingredient that is gaining traction globally.

Market Size and Growth Projections

The global zinc sulphate market has been on a steady growth trajectory. As of 2023, the market was valued at approximately USD 1.81 billion and is projected to reach USD 3.5 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during this period[1][4][5].

Historical Growth

Historically, the zinc sulphate market has shown a consistent increase. From 2018 to 2022, the market grew at a CAGR of around 5%, with a market value of USD 1.4 billion in 2018 and USD 1.7 billion in 2022[1][5].

Key Drivers of Market Growth

Agricultural Sector

The agricultural industry is a primary driver of the zinc sulphate market. Zinc sulphate is widely used as a fertilizer additive to prevent and correct zinc deficiency in crops, which is essential for plant development and productivity. The increasing demand for fertilizers, especially in densely populated countries like India and China, is expected to fuel the market growth[1][4][5].

Pharmaceutical Sector

In the pharmaceutical sector, zinc sulphate is used in the production of dietary supplements and medications to treat zinc deficiency. The rising number of chronic diseases and health issues, particularly in regions like China, is propelling the demand for generic and over-the-counter (OTC) medications, thereby boosting the sales of zinc sulphate[1][5].

Industrial Applications

Apart from agriculture and pharmaceuticals, zinc sulphate has emerging roles in industrial applications, such as in the textile industry and wastewater treatment. Its use as a corrosion inhibitor in wastewater treatment is another significant factor contributing to market growth[5].

Regional Market Dynamics

Asia Pacific

The Asia Pacific region dominates the zinc sulphate market, with a market share of 54.4% in 2023. Countries like China and India are driving this growth due to the expansion of the agricultural industry and the increasing adoption of zinc sulphate in industrial applications. China, in particular, is the world's largest producer of zinc sulphate and is expected to witness major demand driven by rising agrochemical production[3][4][5].

India

India is another key market, with the fastest-growing demand for zinc sulphate in the Asia-Pacific region. The rising demand for fertilizers in India, coupled with severe micronutrient shortages in soils and crops, is driving the market growth[4].

China

China's pharmaceutical sector, dominated by generic drugs and ingredients, is a significant contributor to the zinc sulphate market. The increasing sales of zinc sulphate supplements and the growing demand for dietary supplements are expected to expand the market at a CAGR of 6.9% during the forecast period[1].

Market Challenges and Opportunities

Economic Factors

Economic conditions, such as GDP growth and overall financial stability, directly impact the demand for zinc sulphate. Economic downturns can reduce industrial activity, affecting the market. However, the current economic trends suggest a stable and growing demand for zinc sulphate[4].

Supply and Demand Dynamics

The supply and demand dynamics are influenced by various factors, including the availability of raw materials and the production capacity of key market players. The stabilization of zinc sulphate prices in recent years, along with economies of scale and agglomeration effects, is expected to maintain a stable demand during the medium-term forecast period[5].

Research and Development

Leading market players are investing heavily in research and development to expand their product lines. This includes new product launches, contractual agreements, mergers and acquisitions, and collaborations with other organizations. These strategic activities are expected to drive the market growth further[4].

Industry Trends and Strategies

Cost-Effective Solutions

To remain competitive, market participants are focusing on offering cost-effective products. This is particularly important in the agricultural sector, where the cost-effectiveness of zinc sulphate as a fertilizer additive is a key selling point[4].

Strategic Activities

Market players are engaging in various strategic activities such as new product launches, mergers and acquisitions, and collaborations. These activities are aimed at expanding their footprint and staying competitive in a rising market climate[4].

Illustrative Statistics

• Market Value 2023: USD 1.81 billion[1]
• Projected Market Value 2033: USD 3.5 billion[1]
• CAGR 2023-2033: 6.8%[1]
• Asia Pacific Market Share 2023: 54.4%[3]
• China's CAGR 2023-2033: 6.9%[1]

Expert Insights

"Zinc sulphate is a critical component in addressing micronutrient deficiencies in crops, which is essential for global food security," says an industry expert. "The growing demand in the agricultural and pharmaceutical sectors underscores its importance and potential for future growth"[4].

Key Takeaways

• The global zinc sulphate market is projected to grow significantly, driven by its applications in agriculture, pharmaceuticals, and industrial sectors.
• The Asia Pacific region, particularly China and India, is expected to dominate the market due to growing agricultural activities and industrial applications.
• Economic stability and strategic investments by market players are crucial for sustaining market growth.
• The cost-effectiveness and solubility of zinc sulphate make it a preferred choice in various industries.

FAQs

1. What is the primary use of zinc sulphate in the agricultural sector?

Zinc sulphate is primarily used as a fertilizer additive to prevent and correct zinc deficiency in crops, which is essential for plant development and productivity.

2. How is the pharmaceutical sector contributing to the growth of the zinc sulphate market?

The pharmaceutical sector is contributing through the production of dietary supplements and medications to treat zinc deficiency, driven by the rising number of chronic diseases and health issues.

3. Which region dominates the zinc sulphate market?

The Asia Pacific region, particularly China and India, dominates the zinc sulphate market due to the expansion of the agricultural industry and the increasing adoption of zinc sulphate in industrial applications.

4. What is the projected CAGR of the zinc sulphate market from 2023 to 2033?

The zinc sulphate market is projected to grow at a CAGR of 6.8% from 2023 to 2033.

5. What are the key factors influencing the supply and demand dynamics of the zinc sulphate market?

The supply and demand dynamics are influenced by economic conditions, availability of raw materials, production capacity, and strategic activities by market players.

Cited Sources:

1. Future Market Insights - Zinc Sulphate Market Size, Share, Trend & Forecast 2033
2. PR Newswire - Zinc sulfate market is estimated to grow at a CAGR of 5.4% between 2022 and 2027
3. Fortune Business Insights - Zinc Sulphate Market Size, Share | Global Growth Report [2032]
4. Market Research Future - Zinc Sulphate Market Analysis
5. Fact.MR - Zinc Sulphate Market Size, Demand & Growth Forecast Analysis 2023