(PharmaNewsWire.Com, April 28, 2017 ) Middle East and Africa Pharmaceutical Excipients Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 6.25% to reach USD 0.46 Billion by 2021, from USD 0.34 Billion in 2016.
Pharmaceutical excipients are inert substances that are combined with active pharmaceutical ingredients to prepare the final dosage of drugs, are also included in the manufacturing process. They can serve various therapeutic-enhancing purposes, such as facilitating drug solubility or absorption or, other pharmacokinetic considerations.
Excipients are widely used in drug formulation that are feasible, cost-effective, stable for handling, and inert. The main advantages of using excipients are improving the providing stability, increasing the bulk of the drug, wetting property, and improving organoleptic properties. The excipients provide facilitate drug absorption, prevent from denaturation, and bulk to the formulation. Excipients are used in a variety of medicinal products like tablets, oral liquids, capsules, transdermal patches, implants, and inhalers.
Key factors, which affects and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
Rise in chronic diseases due to sedentary life style Heavy investments by the pharmaceutical companies in development of biologics Adopting modern innovations like nanotechnology Reducing side-effects of drugs Developing eco-friendly solutions for manufacturing processes.
For granular level understanding the Middle-East & Africa Pharmaceutical Excipients Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts. By Product: Organic Chemicals Oleochemicals Carbohydrates Petrochemicals Proteins Other Organic Chemicals Inorganic Chemicals Calcium Phosphates Metal Oxides Halites Calcium Carbonates Calcium Sulfates Other Inorganic Chemicals
The Middle-East & Africa Pharmaceutical Excipients Market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Egypt, KSA, UAE, Nigeria and Algeria.
Some of the key players operating in the field are Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation. The Middle-East & Africa Pharmaceutical Excipients Market report offers wide-range of scope: Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, Functionality, and Formulation Type along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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