According to
a new market report published by Lucintel, the future of fillers looks promising
with opportunities in tablets, capsules, ointment, and other pharmaceutical
market. Fillers in the global pharmaceutical market are expected to grow at a CAGR
of 5.7% from 2019 to 2024. The major drivers for this market are increasing government
spending on healthcare, disease prevalence, along with growing demand for generic
medicines.
In this
market, lactose, sucrose, cellulose, starch, calcium phosphate, mannitol,
dextrose, talc, sorbitol, and calcium carbonate are used as fillers in the pharmaceutical
market. Lucintel forecasts that lactose will remain the largest segment over the
forecast period due to its high compatibility with active pharmaceutical
ingredients (APIs) and increasing demand for antacid tablets.
Within the
filler in pharmaceutical market, fillers for tablets will remain the largest application
and it is also expected to witness the highest growth over the forecast period supported
by increasing healthcare expenditure and higher incidence of chronic diseases.
North America
will remain the largest region due to higher healthcare expenditure, advanced healthcare
facilities, and aging population. Asia Pacific is expected to witness the
highest growth over the forecast period due to the increasing government spending
on healthcare infrastructure and increasing penetration of health insurance
policies.
An emerging trend that has a direct impact on
the dynamics of the industry includes the increasing use of lactose in
nanotechnology based drug formulation. DFE Pharma, Merck Group, Rayonier
Advanced Materials, Meggle Group, Lactose India Limited, Imerys, Omya, Mineral
Technologies, and Cargill Sorbitol are among the major manufactures of fillers for
the global pharmaceutical market.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities of fillers
in the global pharmaceutical market by
application, filler type, and region. Lucintel has prepared a comprehensive
research report entitled
“Growth
Opportunities of Fillers in the Global Pharmaceutical
Market
2019-2024: Trends, Forecast, and
Opportunity Analysis.” The
Lucintel report serves as a catalyst for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for fillers in the global pharmaceutical
market by application, filler type, and region
as follows:
By Application [Volume (kt) and $M shipment
analysis for 2013 – 2024]:
- Tablets
−
Direct
Compression
−
Wet
Granulation
−
Dry
Granulation
- Capsules
- Others
By Filler Type [Volume (kt) and $M shipment
analysis for 2013 – 2024]:
- Lactose
- Sucrose
- Mannitol
- Dextrose
- Sorbitol
- Starch
- Cellulose
- Calcium Phosphate
- Calcium Carbonate
- Talc
- Others
By Region [Volume (Kilotons) and $M shipment
analysis for 2013 – 2024]:
·
North
America
−
US
−
Canada
−
Mexico
·
Europe
−
Germany
−
France
−
Italy
−
UK
·
Asia Pacific
−
China
−
India
−
Japan
·
The Rest of the World
This
200-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include chemical
market research reports, chemical
industry analysis report, commercial due diligence
report, business
strategy consulting and market
research reports online.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. Lucintel offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising
potential, high-growth opportunities for fillers in the global pharmaceutical
market
by filler type (lactose, sucrose, mannitol, dextrose, sorbitol, starch,
cellulose, calcium phosphate, talc, calcium carbonate, and others), application
(tablet,
capsule, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are emerging trends in this market
and the reasons behind them?
Q.7 What are some changing demands of
customers in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken
place in the last 5 years in this market?
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