An excipient is a pharmacologically inactive element which is added along with the API in a particular formulation. It is added so as to provide stability, increase the absorption of the drug and to better other pharmacokinetic properties. There are many excipients available in the market like gelatin, complex sugars and various polymers. Sugar based excipients are the most common of all, and are widely used in parenteral medicines. These excipients try to mask the bitterness of the pharmaceutical drug.
The rapidly growing generic drugs market contributes heavily to the excipient market. There has been an increased usage in co-processed excipient and rising improvement of orally disintegrating tablets. These two factors also drive the market.The use of mannitol is also boosting the market. Drug manufacturers are trying to incorporate excipients in the formulations so that they can be easily taken by children and other patients. However, there is a shortage of FDA approved manufacturing sites because of their strict regulations, making this a major restraint to market growth.
Some of the key players of the market are Archer Daniels Midland Company, The Lubrizol Corporation, Ashland Inc., Roquette Group, Associated British Foods Plc, Meggle AG, Basf SE, FMC Corporation, Cargill, Inc., Dfe Pharma, and Colorcon Inc.
Middle East and Africa sugar excipients market is segmented based on type, product, functionality and formulation. Based on type the market is segmented into Powder and granules, Crystal, Syrup and others. Powders and granules accounted for the biggest share in the segment due to its wide use in various formulations. Based on product, the market is segmented into actual sugars, sugar alcohols, and artificial sweeteners. Actual sugar dominated the segment whereas sugar alcohols are to witness fast growth over the forecast period due to a rise in the use of mannitol. On the basis of functionality, the market is segmented into fillers, diluents, flavouring agent and tonicity agents. Fillers and diluents account for the major market share due to their widespread use in tablets and capsules. Based on formulation, the market is segmented into oral, topical and parenteral. Oral formulations dominate this segment due to an increased use of various oral formulations. On the basis of geography, the market is analysed under various regions namely Middle East and Africa. The market size of this region is small as compared to other regions.
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
