Capsule Market of ME&A: By Raw Material, By Product Type, By Route of Administration–Predicted By 2022

Market Highlight:

Capsule Market of Middle East and Africa is growing at a good rate. That Market Having Huge Impact on World. Capsules are empty shells used to enclose active drugs for protecting them or to make the medication more palatable. The capsuled dosage forms can also be used as suppositories or for local application by pinching them to release the active drug. Capsules have been viewed as the most efficient method of taking nauseating and bitter tasting medications.

Taking all factors into consideration, we expect the Middle East and Africa Capsule Market to reach around $365.44 million in 2022 from $224 million in 2015 growing at a CAGR of 8.5 %.

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The market’s constrains include high cost of vegetable capsules, low tamper resistance of capsules as compared to tablets, higher cost of formulation as compared to tablets among others. However the critical threat for the capsule industry remains outbreaks of diseases such as bovine spongiform encephalopathy (BSE) which has resulted in temporary scarcity of healthy raw material thereby pushing raw material’s costs. Societal and religious considerations have also impacted the industry negatively. Another restraint is strict and tightened regulations.

The market’s driving factors are rising demand for vegetarian and halal-based capsules, growing consumer preference towards capsule-based formulations, growing use of capsules in the pharmaceutical and neutraceuticals. Other factors driving the growth of capsules are ease of use, greater patient conformance and technological advancements such as delayed released and modified release capsules. Development of non-gelatin capsules such as those made from hydroxypropyl methyl cellulose (HPMC), starch based etc. are further driving the market. Growing use of soft gelatin capsules such as suppositories is another factor affecting the market positively. On the basis of segmentation, the development of veterinary drug market is driving the growth of the Middle East and Africa capsule market.  

Huge Companies Occupied for Middle East and Africa Capsule Market:

Medi-Caps Ltd, ACG Associated Capsules, Capsugel, Qualicaps, Suheung, Roxlor LLC, Suheung Co. Ltd and others.

Regional Analysis of Middle East and Africa Capsule Market:

UAE is the largest market for capsule in entire Middle East and Africa capsule market closely followed by Egypt. The rest of Africa market is however growing very fast with a huge unmet medical needs. The growing veterinary drugs market is also fuelling the demand for capsules especially in Africa. However greater prevalence of substandard capsules is a threat to the industry.

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Study Aim of Middle East and Africa Capsule Market:

The capsule industry has responded and current market trends include shift towards vegetarian substitutes such as carrageenan, agar, and starch based capsules.

Past and assessed income of the market's sections and sub-fragments of Center East and Africa Capsule advertise, nation level examination of the market concerning the present market size and future development prospect,

Bits of knowledge about elements influencing the market development, break down the market in light of different investigations including value examination, production network examination, Doormen Five Power investigation and so on,

nation level investigation of the market for fragments which incorporates by item sort (hard Capsule and delicate cases), by crude material (cow-like, porcine, non-gelatin) and by course of organization (oral and others) and by end client (pharmaceuticals and others) and other sub sections, outline of key players and their vital profiling in the market, extensively examining their center capabilities, and drawing a focused scene for the market.

Market Segments:

Course of organization; advertise is fragmented into oral and others. Middle East and Africa capsule showcase has been divided on the premise of item sort which involves hard cases and delicate capsules

On the basis of raw material; market is segmented into bovine, porcine and non-gelatin.

End user; market is segmented into pharmaceuticals and others.

Table of Content:

Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Middle East And Africa Capsule Market, By Product Type
Middle East And Africa Capsule Market, By Raw Material
Middle East And Africa Capsule Market, By Route Of Administration
Middle East And Africa Capsule Market, By End User
Middle East And Africa Capsule Market, By Country
Company Profile
Appendix
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List of Figures:

Figure 1 Research Process
Figure 2 Porters Five Forces Model
Figure 3 Middle East And Africa Capsule Market, By Product Type
Figure 4 Middle East And Africa Capsule Market, By Raw Material
Figure 5 Middle East And Africa Capsule Market, By Route Of Administration
Figure 6 Middle East And Africa Capsule Market, By End User
Figure 7 Middle East And Africa Capsule Market, By Region
Figure 8 Middle East And Africa Capsule Market: Company Share Analysis, 2015 (%)

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