New York, July 18, 2018: The Latin America excipients market is expected to exceed more than US$ 626 million by 2023; Growing at a CAGR of more than 6% in the given forecast period.

    The Latin America excipients market is segmented on the lines of its product, route of administration, function and country. Based on product segmentation the market covers gelatin, sugar and other, minerals, polymers and alcohols. Sugar and other is further divided into lactose, sucrose, maltitol, glucose and others. Under minerals segmentation it covers calcium phosphate, calcium carbonate, clay, silicon dioxide, titanium dioxide and others. Based on polymers segmentation it covers MCC, HPMC, ethyl cellulose, methyl cellulose, CMC, croscarmellose sodium, povidone(binders), crosspovidone(disintegrants), pregelatinized starch, sodium starch glycolate, polyethylene glycol, acrylic polymers and others. Under alcohol segmentation it covers glycerin, propylene glycol, sorbitol, mannitol and others.

    The flourishing pharmaceutical trade in geographical area has been driving the excipients market within the region due its growing usage in producing medicines. Excipients area unit more and more are getting used by pharmaceutical corporations for coating, binding as diluents and filters, solvents and as colorants for creating tablets, capsules and alternative varieties of medication. Therefore the progress of the pharmaceutical trade is directly proportional to the success of the excipients  market in geographical area The increasing expenditure on attention and also the up disposable incomes that enable customers to pay on medicines in geographical area is additionally chargeable for the increase of excipients within the region.

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    The major driving factors of Latin America excipients market are as follows:

    Growing consumption of oral solid dosage drugs
    Development in pharmaceutical market in Latin America

    The restraining factors of Latin America excipients market are as follows:

    Use of excipients in other end user industries
    High manufacturing price

    The Latin America excipients market is based on route of administration segmentation covers tropical, parenteraloral and others. Under oral segmentation is further segmented into tablets, capsules (Hard & Soft) and liquids and semisolids. Based on function segmentation flavors & sweeteners, viscosity agents, film coating, controlled release, fillers & diluents, disintegrants, binders & adhesives, lubricants & glidants and others. Under country segmentation the Latin America covers Caribbean, Colombia, Chile, Mexico, Central America, Brazil, Argentina and rest of South America.

    This report provides:

    1) An overview of the global market for Latin America excipients and related technologies.

    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

    3) Identifications of new market opportunities and targeted promotional plans for Latin America excipients.

    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.

    REPORT SCOPE:
    The scope of the report includes a detailed study of global and regional markets for various Latin America excipients market for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Ashland Inc., BASF SE, FMC Corporation, The Dow Chemical Company, Merck KGaA, Evonik Industries AG, and Croda International Plc, CP Kelco, JRS Pharma, Roquette Pharma, Avantor Performance Materials Inc., Colorcon Inc., Innophos Holdings Inc., Cargill Inc., The Lubrizol Corporation, Eastman Chemical Company, Asahi-Kasei Corporation, Cabot Corporation, Archer Daniels Midland (ADM) Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Latin America Excipients Market has been segmented as below:  

    The Latin America Excipients Market is Segmented on the lines of Product Segment Analysis, Route of Administration Analysis, Function Analysis and Country Analysis.  By Product Segment Analysis this market is segmented on the basis of Gelatin, Sugar & Other, Minerals, Polymers and Alcohol. Sugar & Other its covers Lactose, Sucrose, Maltitol, Glucose and Others. Minerals its covers Calcium phosphate, Calcium carbonate, Clay, Silicon dioxide, Titanium dioxide and Others. Polymers its covers MCC, HPMC, Ethyl cellulose, Methyl cellulose, CMC, CroscarmelloseSodium, Povidone(binders), Crosspovidone(disintegrants), Pregelatinized starch,
    Sodium starch glycolate, Polyethylene glycol, Acrylic polymers and Others. Alcohol its covers
    Glycerin, Propylene glycol, Sorbitol, Mannitol and Others. By Route of Administration Analysis this market is segmented on the basis of Tropical, Parenteral, Oral and Others.Oral its covers Tablets, Capsules (Hard & Soft) and Liquids and Semisolids.

    By Function Analysis this market is segmented on the basis of Flavors & Sweeteners, Viscosity Agents, Film Coating, Controlled Release, Fillers & Diluents, Disintegrants, Binders & Adhesives,
    Lubricants & Glidants and Others. By Country Analysis this market is segmented on the basis of
    Latin America its covers Caribbean, Colombia, Chile, Mexico, Central America, Brazil, Argentina and Rest of South America.

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    Table of Contents

    1 INTRODUCTION

    2 Research Methodology

    3 Executive Summary

    4 Premium Insights

    5 Market Overview

    6 Industry Insights

    7 Global Pharmaceutical Excipients Market, By Product

    8 Global Pharmaceutical Excipients Market, By Functionality

    9 Global Pharmaceutical Excipients Market, By Type of Formulation

    10 Global Pharmaceutical Excipients Market, By Region

    11 Competitive Landscape

    12 Company Profiles

    12.1 Introduction

    12.2 Ashland Inc.

    12.3 BASF SE

    12.4 The DOW Chemical Company

    12.5 FMC Corporation

    12.6 Roquette Group

    12.7 Evonik Industries AG

    12.8 Associated British Foods PLC

    12.9 The Lubrizol Corporation

    12.10 Archer Daniels Midland Company

    12.11 Croda International PLC

     

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    Source: http://www.financeswire.com/excipients-market-to-touch-us-626-million-in-latin-america-by-2025