Middle East and Africa Excipients Market Grow at a CAGR of 5.0% is Expected to Reach USD 300.89 Million Forecxast to 2021-2028 | Evonik Industries AG, Croda International Plc, JRS Pharma, Colorcon and Peter Greven
The world-class Middle East and Africa Excipients Market report is an established source of information that presents a telescopic view of the current market trends, situations, opportunities, and status. Moreover, this market report gives ideas to clients about the market drivers and restraints with the help of SWOT analysis and also provides all the CAGR projections for the historic year 2019, the base year 2020, and the forecast period of 2021-2028. The geometric data brought together to generate this report is mostly denoted with the graphs, tables, and charts which make this report more user-friendly. The top-notch Middle East and Africa Excipients Market report can be relied upon for sure when thinking about key business decisions.
The excipients market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.0% in the forecast period of 2021 to 2028 and is expected to reach USD 300.89 million by 2028. Increasing demand for alternative routes of delivery/dosage forms and increasing need for pharmaceutical excipients across varied therapeutic areas are the major drivers which propelled the demand of the excipients market in the forecast period.
Pharmaceutical excipients involve everything in a drug except that of the active pharmaceutical ingredients. These molecules don’t possess any medicinal property and are ultimately used for enhancing the physiological absorption of the drug. Excipients are inert in nature and it allows the drug molecule to apply to patients in the right form.
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Key Market Competitors Covered in the Report
- Roquette Frères.
- JRS PHARMA
- Evonik Industries AG
- The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway Inc.)
- BASF SE
- Kerry Group PLC
- Shin-Etsu Chemical Co., Ltd.
- Chemische Fabrik Budenheim
- Peter Greven GmbH & Co. KG
- Croda International Plc
- Avantor, Inc.
- Omya AG
- DFE Pharma
- Pfanstiehl, Inc.
- MEGGLE Group Wasserburg
Middle East and Africa Excipients Market Scope and Market Size
The excipients market is categorized into ten notable segments which are based on the origin, category, products, chemistry type, chemical synthesis, functionality, dosage forms, and route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of origin, the excipients market is segmented into organic and inorganic. In 2021, organic origin holds the highest market share due to non-toxic characteristic of organic chemicals used as excipients.
- On the basis of category, the excipients market is segmented into primary excipients and secondary excipients. In 2021, primary excipients segment is dominating the market as the segment includes fillers, adhesives, lubricants and other crucial excipients.
- On the basis of products, the excipients market is segmented into polymers, sugars, alcohols, minerals, gelatin and others. In 2021, polymers segment is dominating the market because polymers are used as gelatin shells in the manufacturing of capsules.
- On the basis of chemistry type, the excipients market is segmented into plant, animals, synthetic and minerals. In 2021, plant segment is dominating the market due to less expensive, non-toxic nature, biodegradable in nature and do not show any adverse effects of side effect on the human beings.
- On the basis of chemical synthesis, the excipients market is segmented into lactose monohydrate, sucralose, polysorbate, benzyl alcohol, cetosteary alcohol, soy lecithin, pregelatinized starch and others. In 2021, lactose monohydrate segment is dominating the market due to its multiple properties.
- On the basis of functionality, the excipients market is segmented into binders and adhesives, disintegrants, coating material, disintegrants, solubilizers, flavors, sweetening agents, diluents, lubricants, buffers, emulsifying agents, preservatives, antioxidants, sorbents, solvents, emollients, glidients, chelating agents, antifoaming agents and others. In 2021, binders and adhesives segment is dominating the market due to its properties.
- On the basis of dosage forms, the excipients market is segmented into solid, semi-solid and liquid. In 2021, solid segment is dominating the market as most of the excipients are used in manufacturing of solid dosage form.
- On the basis of route of administration, the excipients market is segmented into oral excipients, topical excipients, parenteral excipients and other excipients. In 2021, oral excipients segment dominates in the market as majority of drugs including the first line therapy are available in the oral form with the highest effectiveness having strong onset of action.
- On the basis of end user, the excipients market is segmented into pharmaceutical and biopharmaceutical companies, contract formulators, research organization and academics and others. In 2021, pharmaceutical and biopharmaceutical companies segment dominates in the market as most of the excipients are used in pharmaceutical and biopharmaceutical companies because these companies are responsible for the production of medicines in all dosage forms such as solid, semi-solid and liquid.
- On the basis of distribution channel, the excipients market is segmented into direct tender, retail sales and others. In 2021, direct tender segment is dominating in the market as it is the primary source of distribution of excipients.
Above are the key players covered in the report, to know about more and exhaustive list of excipients market companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-excipients-market
Excipients Market Country Level Analysis
The excipients market is analysed and market size information is provided based on the country, origin, category, products, chemistry type, chemical synthesis, functionality, dosage forms, and route of administration, end user and distribution channel as referenced above.
The countries covered in the excipients market report are the South Africa, Saudi Arabia, UAE, Israel, Kuwait, Egypt, and Rest of Middle East & Africa
South Africa is dominating in the Middle and Africa excipients market with the substantial CAGR in the forecast period due to innovations in biopharmaceuticals, rising focus on orphan drugs and technological advancements in multifunctional excipients.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Strategic Initiatives by Market Players Is creating new opportunities in the Excipients Market
The excipients market also provides you with detailed market analysis for every country growth in excipients, impact of advancement in excipients and changes in regulatory scenarios with their support for the excipients market. The data is available for historic period 2010 to 2019.
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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– Market Size and Forecast by Revenue | 2021−2028
– Market Dynamics – Leading patterns, development drivers, limitations, and venture openings
– Market Segmentation – An itemized examination by item, by types, end-client, applications, fragments, and geology
– Competitive Landscape – Top key sellers and other conspicuous vendorsInquire
Research Methodology: Global Excipients Market.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
- Demand Side: Chief Level Officers, Product and Marketing Manager, Distributors, Buyers.
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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