Capsule Market Research Report- Middle East and Africa Forecast to 2022

Capsule Market Research Report- Middle East and Africa Forecast to 2022

ID: MRFR/Pharma/1964-HCRR | October, 2018 | Region: Global | 84 pages | Half-Cooked Research Reports

Middle East and Africa Capsule Market Information, by Product Type (Hard Capsules and Soft Capsules), by Raw Material (Bovine, Porcine, Non-gelatin), by Route of Administration (Oral and Others) and by End User (Pharmaceuticals and Others) - Forecast till 2022


Market Synopsis of Middle East and Africa Capsule Market:


Market Scenario:


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.


The Middle East and Africa capsule market is growing at a good rate. 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.


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. For example, many European nations such as France has imposed immediate ban on bovine gelatin until EU safety guidelines were put into practice.


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


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 %.


Study Objectives Middle East and Africa Capsule Market:



  • To provide detail analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the Middle East and Africa capsule market.

  • To provide insights about factors affecting the market growth.

  • To analyze the market based on various analyses including price analysis, supply chain analysis, Porters Five Force analysis etc.

  • To provide past and estimated  revenue of the market’s segments and sub-segments of Middle East and Africa Capsule market

  • To provide country level analysis of the market with respect to the current market size and future growth prospect.

  • To provide country level analysis of the market for segments which includes by product type (hard capsules and soft capsules), by raw material (bovine, porcine, non-gelatin) and by route of administration (oral and others) and by end user (pharmaceuticals and others) and other sub segments.

  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments globally.




 Middle East and Africa Capsule Market, by Raw Material, 2015 (%):


 Intended Audience



  • Capsule manufacturers

  • Capsule suppliers

  • Market research and consulting service providers

  • Contract manufacturing organizations


Key Players for Middle East and Africa Capsule Market:


Some of the key players in this market are ACG Associated Capsules, Capsugel, Qualicaps, Suheung, Roxlor LLC, Medi-Caps Ltd, Suheung Co. Ltd and others.


Segments:


Middle East and Africa capsule market has been segmented on the basis of product type which comprises hard capsules and soft capsules. On the basis of raw material; market is segmented into bovine, porcine and non-gelatin. On the basis of route of administration; market is segmented into oral and others. Moreover on the basis of end user; market is segmented into pharmaceuticals 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.
The report of Middle East and Africa Capsule Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future size of the market in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of different markets segments and regions.

1 Introduction



1.1 Definition



1.2 Scope of Study



1.3 Research Objective



1.4 Assumptions & Limitations



1.5 Market Structure:



2 Research Methodology



2.1 Research Process



2.2 Primary Research



2.3 Secondary Research



3 Market Dynamics



3.1 Drivers



3.2 Restraints



3.3 Opportunities



3.4 Challenges



3.5 Macroeconomic Indicators



4 Market Factor Analysis



4.1 Porter’s five forces model



4.1.1 Bargaining Power of suppliers



4.1.2 Bargaining Power of Customer



4.1.3 Intensity of Competitor’s



4.1.4 Threat of New Entrants



5 Middle East and Africa Capsule Market, by product type



5.1 Introduction



5.1.1 Hard Capsules



5.1.2 Soft Capsules



5.1.3 Others



6 Middle East and Africa Capsule Market, by Raw Material



6.1 Introduction



6.1.1 bovine



6.1.2 porcine



6.1.3 non-gelatin



7 Middle East and Africa Capsule Market, by Route of Administration



7.1 Introduction



7.1.1 Oral



7.1.3 Others



8. Middle East and Africa Capsule Market, by end user



8.1 Introduction



8.1.1 Pharmaceuticals



8.1.3 Others



9 Middle East and Africa Capsule Market, by Country



9.1 Introduction



9.2 UAE



9.3 Egypt



9.4 Saudi Arabia



9.5 Kuwait



9.6 Qatar



9.7 Oman



10 Company Landscape



10.1 Introduction



10.1.1 Mergers Acquisitions



10.1.2 Collaborations



10.1.3 Release/New Product Launches



10.1.4 Other (Expansion, Updates, Partnership)



11 Company Profile



11.1 Novartis AG



11.1.1 Company Overview



11.1.2 Product/Business Segment Overview



11.1.3 Financials



11.1.4 Key Developments



11.1.5 SWOT Analysis



11.2 Pfizer, Inc.



11.2.1 Overview



11.2.2 Product/Business Segment Overview



11.2.3 Financials



11.2.4 Key Developments



11.2.5 SWOT Analysis



11.3 Sanofi-Aventis



11.3.1 Overview



11.3.2 Product/Business Segment Overview



11.3.3 Financials



11.3.4 Key Developments



11.3.5 SWOT Analysis



11.4 Merck & Co.



11.4.1 Overview



11.4.2 Product/Business Segment Overview



11.4.3 Financials



11.4.4 Key Developments



11.4.5 SWOT Analysis



11.5 Enzon Pharmaceuticals



11.5.1 Overview



11.5.2 Product/Business Segment Overview



11.5.3 Financials



11.5.4 Key Developments



11.5.5 SWOT Analysis



11.6 Bayer AG



11.6.1 Overview



11.6.2 Product/Business Segment Overview



11.6.3 Financials



11.6.4 Key Developments



11.6.5 SWOT Analysis



11.7 Astellas Pharma



11.7.1 Overview



11.7.2 Product/Business Segment Overview



11.7.3 Financials



11.7.4 Key Developments



11.7.5 SWOT Analysis



11.7 GlaxoSmithKline plc



11.7.1 Overview



11.7.2 Product/Business Segment Overview



11.7.3 Financials



11.7.4 Key Developments



11.7.5 SWOT Analysis



11.8 Abbott



11.8.1 Overview



11.8.2 Product/Business Segment Overview



11.8.3 Financials



11.8.4 Key Developments



11.8.5 SWOT Analysis



11.9 Sigma-Aldrich



11.9.1 Overview



11.9.2 Product/Business Segment Overview



11.9.3 Financials



11.9.4 Key Developments



11.9.5 SWOT Analysis



11.10 Others



12 Appendix



List of Tables

TABLE 1 MIDDLE EAST AND AFRICA CAPSULE MARKET, 2013-2022 (USD MILLION)

TABLE 2 MIDDLE EAST AND AFRICA CAPSULE MARKET, BY PRODUCT TYPE, 2013-2022 (USD MILLION)

TABLE 3 MIDDLE EAST AND AFRICA CAPSULE MARKET, BY RAW MATERIAL, 2013-2022 (USD MILLION)

TABLE 4 MIDDLE EAST AND AFRICA CAPSULE MARKET, BY ROUTE OF ADMINISTRATION, 2013-2022 (USD MILLION)

TABLE 5 MIDDLE EAST AND AFRICA CAPSULE MARKET, BY END USER, 2013-2022 (USD MILLION)

TABLE 6 MIDDLE EAST AND AFRICA CAPSULE MARKET, BY REGION, 2013-2022 (USD MILLION)



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 (%)