Press release
Enteric Coating Market Expands as Food Industry Embraces Coating Technology-2022-2032
The enteric coating market has been experiencing steady growth in recent years, with an increasing demand for pharmaceutical coatings, nutraceuticals, food coatings, and cosmetics. Enteric coatings are used to protect the active ingredients of pharmaceutical drugs from stomach acids, ensuring that the drug is released in the small intestine. This technology has become increasingly popular in the pharmaceutical industry as it allows for targeted drug delivery and improved efficacy. In addition to its use in pharmaceuticals, enteric coating is also used in the food industry to improve the stability of food ingredients and enhance their performance. With growing awareness about the benefits of enteric coating, the market is expected to continue expanding in the coming years, with significant growth in CAGR and market value. The rise in demand for enteric coating is attributed to its ability to enhance product performance, stability, and durability, making it a valuable technology in a wide range of industries.• FORMAT:(PDF)
• NO OF PAGES:160
• BASE YEAR: 2022
COVID-19 Impact on the Market:
The COVID-19 pandemic has had a significant impact on the enteric coating market, with both positive and negative effects. On the positive side, the pandemic has increased the demand for pharmaceuticals, leading to an increased demand for enteric coatings. With people more concerned about their health and immunity, there has been a surge in the demand for nutraceuticals, dietary supplements, and functional foods that use enteric coatings to enhance their stability and performance.
On the negative side, the pandemic has disrupted the global supply chain, leading to a shortage of raw materials, which has affected the production of enteric coatings. The closure of manufacturing facilities and reduced capacity due to social distancing measures have also impacted the market growth. The lockdown measures and travel restrictions have slowed down the production, distribution, and sale of enteric coating products, leading to a decline in the market value.
Report link:
https://www.prophecymarketinsights.com/market_insight/Global-Enteric-Coating-Market-By-3660
Enteric Coating Market by demand:
Enteric Coating Market, and functional foods that use enteric coatings to enhance their performance and stability. As the world gradually emerges from the pandemic and restrictions are lifted, the market is expected to bounce back, with manufacturers ramping up their production to meet the growing demand. Moreover, the increasing focus on research and development in the enteric coating industry, to develop new and innovative coatings that offer enhanced performance and improved delivery, is expected to drive market growth in the coming years. Overall, while the COVID-19 pandemic has had a significant impact on the enteric coating market, the industry is expected to recover and continue to grow in the post-pandemic period.
Regional scope
• North America - U.S., Canada
• Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe
• Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
• Latin America - Brazil, Mexico, Argentina, Rest of Latin America
• Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Analyst View:
From an analyst's perspective, the enteric coating market is expected to witness significant growth in the coming years. The market is expected to expand as manufacturers seek to enhance the performance and stability of their products by incorporating enteric coatings. The increasing demand for targeted drug delivery and improved drug efficacy, especially in the pharmaceutical industry, is driving the growth of the market. Additionally, the growing demand for nutraceuticals, dietary supplements, and functional foods that use enteric coatings to enhance their performance is further propelling market growth.
Sample link:
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/3660
Detailed Segmentation:
Global Enteric Coating Market, By Type:
• Aqueous Based Coating
• Non Aqueous Based Coating
Global Enteric Coating Market, By Application:
• Health Supplements
• Pharmaceuticals
Key players:
• J D Labs
• Colorcon
• Chanelle
• BASF
• Shaoxing Kangke Capsule Co., Ltd.
• Xinchang Kangdi Capsules Co., Ltd.
• Purple Remedies Private Limited
Enteric Coating Market trend:
One of the prominent trends in the enteric coating market is the increasing demand for customized and innovative coatings that cater to the specific needs of different industries. Manufacturers are investing in research and development to develop new and advanced coatings that offer enhanced performance, stability, and durability, leading to better patient outcomes and improved product quality.
Another trend in the market is the adoption of natural and eco-friendly materials for enteric coating. The use of natural and sustainable materials for coating not only reduces the environmental impact but also provides a healthier and safer option for consumers. Moreover, the increasing preference for organic and natural products has led to the development of enteric coatings that use natural materials such as cellulose, starch, and chitosan, among others.
Other Related Reports:-
• https://www.prophecymarketinsights.com/market_insight/Core-Materials-Market-5079
• https://www.prophecymarketinsights.com/market_insight/Furfuryl-Alcohol-Market-4949
• https://www.prophecymarketinsights.com/market_insight/Thermal-Insulation-Coating-Market-4957
To know more
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Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
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