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Pharmaceutical Grade Lactose Market Report and Forecast 2024-2032

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    Report

  • 178 Pages
  • February 2024
  • Region: Global
  • Expert Market Research
  • ID: 5944451
Global Pharmaceutical Grade Lactose Market Report and Forecast 2024-2032

Market Outlook

According to the report, the global pharmaceutical grade lactose market reached a value of USD 1.92 billion in 2023. Aided by the increasing demand for pharmaceutical products and a growing emphasis on advanced drug formulations, the market is projected to further grow at a CAGR of 5.2% between 2024 and 2032 to reach a value of USD 3.2 billion by 2032.

Lactose's unique properties, such as excellent compressibility and compatibility with other drug ingredients, make it a preferred choice for creating a wide array of pharmaceutical products. It serves various functions in drug formulation, including acting as a filler/binder in tablets, enhancing the stability of active pharmaceutical ingredients (APIs), and facilitating better drug absorption and release mechanisms. The versatility and safety profile of pharmaceutical grade lactose underpin its extensive utilisation in the production of oral dosage forms, including both direct compression and wet granulation methods.

The burgeoning pharmaceutical industry, fuelled by the global rise in healthcare needs, aging populations, and increasing prevalence of chronic diseases, is a significant driver of the pharmaceutical grade lactose market demand. Additionally, advancements in drug research and development activities are fostering the introduction of new medications, further necessitating the use of high-quality excipients like lactose in drug formulation processes.

Innovation in drug delivery systems and the continuous evolution of medication forms are pivotal factors propelling the pharmaceutical grade lactose market. As pharmaceutical companies strive to enhance patient compliance and efficacy of drug delivery, the role of lactose as an excipient gains prominence for its ability to facilitate the development of tailored dosage forms, including controlled-release formulations and dry powder inhalers.

Sustainability concerns and the push towards minimising environmental impact in the pharmaceutical manufacturing process have also influenced the pharmaceutical grade lactose market outlook. The industry is witnessing a shift towards more sustainable and efficient methods of lactose production, with an emphasis on reducing waste and energy consumption. This approach aligns with the broader environmental goals of the pharmaceutical sector and enhances the market appeal of lactose as a key excipient.

According to the pharmaceutical grade lactose market analysis, regulatory frameworks and quality standards play a crucial role in shaping the market landscape for pharmaceutical grade lactose. Compliance with stringent regulatory requirements, including those set by the United States Pharmacopeia (USP) and the European Pharmacopoeia (EP), ensures the purity, safety, and efficacy of lactose used in pharmaceutical applications. Manufacturers are investing in state-of-the-art production facilities and advanced quality control measures to meet these rigorous standards, thereby reinforcing the market's growth trajectory.

Market Segmentation

The market can be divided based on type and region.

Market Breakup by Type

  • Crystalline Monohydrate Lactose
  • Inhalation Lactose
  • Granulated Lactose
  • Spray-dried Lactose
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global pharmaceutical grade lactose market. Some of the major players explored in the report are as follows:
  • DFE Pharma GmbH & Co KG
  • Fengchen Group Co.,Ltd
  • Lactalis International
  • ALPAVIT
  • Kavya Pharma
  • MEGGLE GmbH & Co. KG
  • Surfachem Group Ltd.
  • Others


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Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Pharmaceutical Grade Lactose Market Analysis
8.1 Key Industry Highlights
8.2 Global Pharmaceutical Grade Lactose Historical Market (2018-2023)
8.3 Global Pharmaceutical Grade Lactose Market Forecast (2024-2032)
8.4 Global Pharmaceutical Grade Lactose Market by Type
8.4.1 Crystalline Monohydrate Lactose
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Inhalation Lactose
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Granulated Lactose
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Spray-dried Lactose
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Pharmaceutical Grade Lactose Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Pharmaceutical Grade Lactose Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Pharmaceutical Grade Lactose Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Pharmaceutical Grade Lactose Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Pharmaceutical Grade Lactose Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Pharmaceutical Grade Lactose Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 DFE Pharma GmbH & Co KG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Fengchen Group Co.,Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Lactalis International
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 ALPAVIT
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Kavya Pharma
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 MEGGLE GmbH & Co. KG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Surfachem Group Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pharmaceutical Grade Lactose Market: Key Industry Highlights, 2018 and 2032
2. Global Pharmaceutical Grade Lactose Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Pharmaceutical Grade Lactose Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Pharmaceutical Grade Lactose Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Pharmaceutical Grade Lactose Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Pharmaceutical Grade Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Pharmaceutical Grade Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Pharmaceutical Grade Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Pharmaceutical Grade Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Pharmaceutical Grade Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Pharmaceutical Grade Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Pharmaceutical Grade Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Pharmaceutical Grade Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Pharmaceutical Grade Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Pharmaceutical Grade Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Global Pharmaceutical Grade Lactose Market Structure

Companies Mentioned

  • DFE Pharma GmbH & Co KG
  • Fengchen Group Co.Ltd
  • Lactalis International
  • ALPAVIT
  • Kavya Pharma
  • MEGGLE GmbH & Co. KG
  • Surfachem Group Ltd.

Methodology

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Table Information