Latin America Antifungal Drugs Market Size & Outlook

The antifungal drugs market in Latin America is expected to reach a projected revenue of US$ 1,025.9 million by 2030. A compound annual growth rate of 4.3% is expected of Latin America antifungal drugs market from 2024 to 2030.
Revenue, 2023 (US$M)
$762.6
Forecast, 2030 (US$M)
$1,025.9
CAGR, 2024 - 2030
4.3%
Report Coverage
Latin America

Latin America antifungal drugs market highlights

  • The Latin America antifungal drugs market generated a revenue of USD 762.6 million in 2023.
  • The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
  • In terms of segment, azoles was the largest revenue generating drug class in 2023.
  • Echinocandins is the most lucrative drug class segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 762.6 million
Market revenue in 2030USD 1,025.9 million
Growth rate4.3% (CAGR from 2023 to 2030)
Largest segmentAzoles
Fastest growing segmentEchinocandins
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAzoles, Echinocandins, Polyenes, Allylamines
Key market players worldwideNovartis AG ADR, Pfizer Inc, Bayer AG, Sanofi SA, Merck KGaA, Merck & Co Inc, GlaxoSmithKline, Abbott Laboratories, Enzon Pharmaceuticals Inc, Astellas Pharma Inc, Glenmark Pharmaceuticals

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.8% of the global antifungal drugs market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,985.7 million by 2030.

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Antifungal Drugs Market Companies

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Latin America antifungal drugs market size, by country, 2018-2030 (US$M)

Latin America Antifungal Drugs Market Outlook Share, 2023 & 2030 (US$M)

Latin America antifungal drugs market size, by country, 2018-2030 (US$M)

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