Breeding of Rhopalurus junceus and obtaining venom

255 600 USD

Project information

NPV

$174.8 thousand

PP

1.35 years

Sector

Healthcare

Project status

Open for investment

Contact person

Market

The demand for painkillers, in particular analgesics, is also growing. According to forecasts, in 2025, the global analgesic market revenue will amount to 34.66 billion US dollars, and the annual growth rate will be 4.84% (CAGR 2025-2030).

The demand for antibiotics is expected to grow, with the market volume projected to increase from US$38 billion in 2025 to US$40 billion by 2034, with a cumulative annual growth rate of 4.3%.

Project location