South and Central America Pharmaceutical Excipients Market Will Generate New Growth Opportunities by 2028| Know more with Top Companies like BASF SE, Associated British Foods Plc, Archer Daniels Midland Company

According to a new market research report, “South and Central America Pharmaceutical Excipients Market” by Component Application, Deployment Mode, Vertical, and Region forecast to 2028 published by Business Market Insights, The pharmaceutical excipients market in South and Central America is expected to grow from US$ 305.3 million in 2019 to US$ 413.7 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027.

Key players profiled in the report include DuPont de Nemours, Inc., Roquette Frères, Ashland Global Holdings, Inc., BASF SE, Associated British Foods Plc, Archer Daniels Midland Company, Lubrizol Corporation, and Croda International Plc.

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Without an appropriate delivery system, the best new therapeutic entity in the world is of no benefit. Today, medicines including tablets, capsules, oral liquids, topical creams and gels, transdermal patches, injectable products, implants, eye products, nasal products, inhalers and suppositories, are available in many dosage forms. Pharmaceutical excipients are substances which are used in the form of a pharmaceutical dosage, not for their direct therapeutic action, but for the purpose of aiding the production process, protecting, supporting or enhancing stability, or for bioavailability or acceptability of patients. They also assist in the identification of products and improve the overall safety or function of the product during its storage or use.

The growing fear of COVID-19 infection transmission has mandated the development of new guidelines and recommendations by health authorities. The economic crises that have hit different parts of Latin America in recent years have threatened the progress of the pharmaceutical industry in some of the countries. In Argentina, the Federal Government has reduced formalities for Governmental purchase of medicines, medical devices and medical supplies.

South and Central America Pharmaceutical Excipients Market Segmentations-
By Product
• Organic Chemicals
• Inorganic Chemicals
• Other Products
By Functionality
• Fillers & Diluents
• Suspending & Viscosity Agents
• Coating Agents
• Binders
• Preservatives
• Emulsifying Agents
• Other Functionalities
By Type of Formulation
• Oral Formulations
• Topical Formulations
• Parenteral Formulations
• Other Formulations

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This report provides:
1) An overview of the market for South and Central America Pharmaceutical Excipients Market and related technologies.
2) Analyses of South and Central America Pharmaceutical Excipients market trends, with data from 2018, estimates for 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for South and Central America Pharmaceutical Excipients Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Related Reports and latest Research on Pharmaceuticals Industry Reports:
• North America Pharmaceutical Excipients Market Forecast to 2028
The North America pharmaceutical excipients market is expected to grow from US$ 1,865.4 million in 2019 to US$ 2,877.1 million by 2027; it is estimated to grow at a CAGR of 5.7% from 2020 to 2027. Nano delivery systems and nanomedicine are new and yet rapidly growing fields where nanoscale materials are used to deliver therapeutic agents to specific targeted sites or are used as diagnostic tools. Nanotechnology provides several advantages in the treatment of chronic human diseases by site-specific and selective delivery of accurate medicines. Application of nanotechnology for the prevention and treatment of diseases has created a broader forum for the distribution of 'difficult to deliver active pharmaceutical ingredients.
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• Asia Pacific Pharmaceutical Excipients Market Forecast to 2028
The Asia Pacific pharmaceutical excipients market is expected to grow from US$ 1,388.3 million in 2019 to US$ 2,214.6 million by 2027; it is estimated to grow at a CAGR of 6.2% from 2020 to 2027. Multifunctional excipient refers to excipients playing several roles in a dosage type or a drug delivery method. Several APIs (Active Pharmaceutical Ingredients) demonstrate low dissolution rates and poor solubility in aqueous conditions. The oral bioavailability of these compounds is low due to poor solubility. In order to increase the bioavailability of these poorly soluble products, formulation methods are used to improve their aqueous solubility and dissolution.
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This release was published on openPR.