The global fatty bases for suppositories market is envisioned to garner $339.5 million by 2031, growing from $197.9 million in 2021, at a CAGR of 5.59% from 2022 to 2031.
A suppository is a solid form of medication that is intended to be inserted into bodily cavities other than the mouth. They can be inserted in the vaginal canal, rectum, or urethra. After being inserted, the objects melt or dissolve in the fluids of the cavity, releasing the medicines. Rectal, vaginal, and urethral suppositories are available, each with a different insertion location. These medicines also have an effect locally. Additionally, there is no first-pass action, which stops the drug's metabolism. Drugs that are bitter or offensive can be delivered effectively using suppositories. Suppositories are frequently used in paediatric medicine to address constipation-related symptoms.
Primarily in pediatric and geriatric patients, the fat-based excipients play a significant role in drug delivery. For drug delivery among pediatric and geriatric populations, the rectal route is a great alternative. Over the anticipated period, the market growth is anticipated to be aided by the rising demand for fat-based suppositories due to their benefits, including the quick absorption of several low molecular weight drugs and the potential for lymphatic system absorption. Although fatty bases for suppositories have a long history of use in rectal and vaginal drug delivery, the current global market for these products is constrained primarily by a lack of consumer acceptance and willingness to use rectal products. Additionally, it is thought that the difficulties in producing oil-based suppositories will somewhat restrain the market expansion.
The fatty basses for suppositories market is being driven by rising healthcare expenditure in developed countries and an ageing population. In these populations, the rectal route is an ideal choice for medication delivery. Growing demand for suppositories is likely to support market expansion over the forecast period due to benefits such as quick absorption of certain low molecular weight pharmaceuticals and the possibility of absorption into the lymphatic system. The suppositories sector is expected to rise as a result of improved physical and chemical stability, neutrality toward mucosal membranes, and full compatibility with almost all active compounds. This helps to the global fatty bases for suppositories market growth. These factors are further expected to propel the global fatty bases suppositories market growth.
During the COVID-19 pandemic surge, self-medication was a common practice for taking medications. Numerous treatment facilities and clinics with just single doctor had to close due to the pandemic, depriving the general public of timely medical care. The pandemic has encouraged self-medication. Topical corticosteroids were the self-medication methods that were most widely used. The most widely used topical drugs included anti-acne drugs, corticosteroids, combos (corticosteroids, antibiotics, and antifungals), moisturizers, and suppositories. The rise in demand for over-the-counter and topical medications brought on by self-medication has benefited the market for suppositories.
The key players profiled in this report include Unither, Bliss GVS Pharma Ltd., Delpharm, ATRAL, Aenova Holding GmBH, FAMAR, LGV (Laboratories Mayoly Spindler), and Priyans Drugs.
A suppository is a solid form of medication that is intended to be inserted into bodily cavities other than the mouth. They can be inserted in the vaginal canal, rectum, or urethra. After being inserted, the objects melt or dissolve in the fluids of the cavity, releasing the medicines. Rectal, vaginal, and urethral suppositories are available, each with a different insertion location. These medicines also have an effect locally. Additionally, there is no first-pass action, which stops the drug's metabolism. Drugs that are bitter or offensive can be delivered effectively using suppositories. Suppositories are frequently used in paediatric medicine to address constipation-related symptoms.
Primarily in pediatric and geriatric patients, the fat-based excipients play a significant role in drug delivery. For drug delivery among pediatric and geriatric populations, the rectal route is a great alternative. Over the anticipated period, the market growth is anticipated to be aided by the rising demand for fat-based suppositories due to their benefits, including the quick absorption of several low molecular weight drugs and the potential for lymphatic system absorption. Although fatty bases for suppositories have a long history of use in rectal and vaginal drug delivery, the current global market for these products is constrained primarily by a lack of consumer acceptance and willingness to use rectal products. Additionally, it is thought that the difficulties in producing oil-based suppositories will somewhat restrain the market expansion.
The fatty basses for suppositories market is being driven by rising healthcare expenditure in developed countries and an ageing population. In these populations, the rectal route is an ideal choice for medication delivery. Growing demand for suppositories is likely to support market expansion over the forecast period due to benefits such as quick absorption of certain low molecular weight pharmaceuticals and the possibility of absorption into the lymphatic system. The suppositories sector is expected to rise as a result of improved physical and chemical stability, neutrality toward mucosal membranes, and full compatibility with almost all active compounds. This helps to the global fatty bases for suppositories market growth. These factors are further expected to propel the global fatty bases suppositories market growth.
During the COVID-19 pandemic surge, self-medication was a common practice for taking medications. Numerous treatment facilities and clinics with just single doctor had to close due to the pandemic, depriving the general public of timely medical care. The pandemic has encouraged self-medication. Topical corticosteroids were the self-medication methods that were most widely used. The most widely used topical drugs included anti-acne drugs, corticosteroids, combos (corticosteroids, antibiotics, and antifungals), moisturizers, and suppositories. The rise in demand for over-the-counter and topical medications brought on by self-medication has benefited the market for suppositories.
The key players profiled in this report include Unither, Bliss GVS Pharma Ltd., Delpharm, ATRAL, Aenova Holding GmBH, FAMAR, LGV (Laboratories Mayoly Spindler), and Priyans Drugs.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the fatty bases for suppositories market analysis from 2021 to 2031 to identify the prevailing fatty bases for suppositories market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the fatty bases for suppositories market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global fatty bases for suppositories market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Base Type
- Hard Fat
- Water Miscible Base
- Emulsifying Bases
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- IOI Oleo GmbH
- SpecializedRx Products, LLC
- CD Formulation
- Dow
- Croda International Plc
- STEARINERIE DUBOIS
- Gattefossé
- Tianshui Huayuan Pharmaceutical Equipment technology Co., ltd
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Regulatory Guidelines
3.8. Value Chain Analysis
3.9. Market Share Analysis
3.10. Key Regulation Analysis
3.11. Patent Landscape
CHAPTER 4: FATTY BASES FOR SUPPOSITORIES MARKET, BY BASE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Hard Fat
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Water Miscible Base
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Emulsifying Bases
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: FATTY BASES FOR SUPPOSITORIES MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Base Type
5.2.3 North America Market size and forecast, by country
5.2.3.1 U. S.
5.2.3.1.1 Market size and forecast, by Base Type
5.2.3.2 Canada
5.2.3.2.1 Market size and forecast, by Base Type
5.2.3.3 Mexico
5.2.3.3.1 Market size and forecast, by Base Type
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Base Type
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Market size and forecast, by Base Type
5.3.3.2 United Kingdom
5.3.3.2.1 Market size and forecast, by Base Type
5.3.3.3 France
5.3.3.3.1 Market size and forecast, by Base Type
5.3.3.4 Spain
5.3.3.4.1 Market size and forecast, by Base Type
5.3.3.5 Italy
5.3.3.5.1 Market size and forecast, by Base Type
5.3.3.6 Rest of Europe
5.3.3.6.1 Market size and forecast, by Base Type
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Base Type
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Market size and forecast, by Base Type
5.4.3.2 Japan
5.4.3.2.1 Market size and forecast, by Base Type
5.4.3.3 India
5.4.3.3.1 Market size and forecast, by Base Type
5.4.3.4 South Korea
5.4.3.4.1 Market size and forecast, by Base Type
5.4.3.5 Australia
5.4.3.5.1 Market size and forecast, by Base Type
5.4.3.6 Rest Of Asia Pacific
5.4.3.6.1 Market size and forecast, by Base Type
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Base Type
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Brazil
5.5.3.1.1 Market size and forecast, by Base Type
5.5.3.2 Saudi Arabia
5.5.3.2.1 Market size and forecast, by Base Type
5.5.3.3 UAE
5.5.3.3.1 Market size and forecast, by Base Type
5.5.3.4 South Africa
5.5.3.4.1 Market size and forecast, by Base Type
5.5.3.5 Rest of LAMEA
5.5.3.5.1 Market size and forecast, by Base Type
CHAPTER 6: COMPANY LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Players
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Key developments
CHAPTER 7: COMPANY PROFILES
7.1 IOI Oleo GmbH
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Product portfolio
7.1.5 Business performance
7.1.6 Key strategic moves and developments
7.2 SpecializedRx Products, LLC
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Business performance
7.2.6 Key strategic moves and developments
7.3 CD Formulation
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 Dow
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 Croda International Plc
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 STEARINERIE DUBOIS
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Business performance
7.6.6 Key strategic moves and developments
7.7 Gattefossé
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 Tianshui Huayuan Pharmaceutical Equipment technology Co.,ltd
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Product portfolio
7.8.5 Business performance
7.8.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Fatty Bases for Suppositories Market,' the fatty bases for suppositories market size was valued at $197.90 million in 2021, and is estimated to reach $339.5 million by 2031, growing at a CAGR of 5.6% from 2022 to 2031.Suppositories are solid medication dosage forms that are specifically made to be inserted into cavities of the body other than the mouth. Suppositories are a type of medication that is administered via the rectal or vaginal channels. They originated as a more convenient alternate mode of drug delivery from liquid enema formulations. Suppositories are a viable drug delivery option for bitter and unpleasant medications. Suppositories are frequently used in pediatrics to treat symptoms that resemble constipation. However, mucosal irritability at the site of use is a possibility which limits the usage.
The growth of global fatty bases for suppositories market is driven by increase in the geriatric population. In pediatric populations, the rectal route is a great alternative for drug delivery. According to The World Health Organization, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. By 2050, the world’s population of people aged 60 years and older will double (2.1 billion). While this shift in distribution of a country's population towards older ages - known as population ageing - started in high-income countries (for example in Japan 30% of the population is already over 60 years old), it is now low- and middle-income countries that are experiencing the greatest change. By 2050, two-thirds of the world’s population over 60 years will live in low- and middle-income countries.
The demand for suppositories is likely to accelerate the global fatty bases for suppositories market growth during the forecasted period, due to benefits mainly quick absorption of various low molecular weight drugs and the potential for absorption into the lymphatic system. In addition to this, the suppositories market is expected to experience substantial growth due to superior physical & chemical stability, neutrality toward mucosal membranes, and comprehensive compatibility with practically all active chemicals.
The highly developed healthcare industries are looking for an improved medication and better alternative that could successfully aid patients in recovering from infectious diseases. The majority of countries' ongoing research by numerous institutions indicates a good chance for developing antiretroviral suppository drug delivery. These delivery systems, which are currently undergoing significant development, provide high-risk patients with effective and affordable suppositories options. Such factors will significantly increase the demand for fat-based suppositories worldwide.
The global fatty bases for suppositories market share are segmented based on base type and region. By base type, it is classified into hard fat, water miscible base, and emulsifying bases. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the fatty bases for suppositories market report include Unither, Bliss GVS Pharma Ltd., Delpharm, ATRAL, Aenova Holding GmBH, FAMAR, LGV (Laboratories Mayoly Spindler), and Priyans Drugs.
Impact of COVID-19 on the Global Fatty Bases for Suppositories Industry
In late December 2019, the coronavirus was found in the Chinese city of Wuhan's Hubei province. A virus called the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that spreads from person to person is the cause of the illness. A slowdown in the raw material distribution chain in 2020, disrupted the production of pharmaceutical suppositories.Additionally, the manpower required for the manufacturing plants was sent home under quarantine or lockdown, forcing the closure of the suppository factories. The COVID-19 pandemic had an overall negative impact on the pharmaceutical suppositories market because of things such as disruptions in the supply chain, money troubles, a labor shortage, and an increase in the gap between supply and demand.
However, the demand remained constant throughout as the need for suppositories was continuous and as the supply increased it regained its original sales.
Key Findings of the Study
Based on base type, the emulsifying bases sub-segment emerged as the global leader in 2021 and will have significant market share in global market in forecasted yearsBased on region, the Europe market is projected to have a significant market share in the projected years
Companies Mentioned
- Ioi Oleo GmbH
- Specializedrx Products, LLC
- Cd Formulation
- Dow
- Croda International PLC
- Stearinerie Dubois
- Gattefossé
- Tianshui Huayuan Pharmaceutical Equipment Technology Co.,Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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