What is Sugar Coated Tablets?
Tablets helps for the administration of drugs via the oral route. It is used to treat several types of diseases. Sugar-coated tablets manufacturing is carried out by covering all standard manufacturing process with fixed parameters. Sugar-coated tablets comprises of high degree gloss and they are available in coloured and colourless form. Sugar coatings protects the tablet contents from stomach acids, it also protects the stomach lining from aggressive drugs such as enteric coated aspirin. This sugar coatings are acts as barrier for external contaminants. It help to mask the unsavoury taste of the drug which may unpalatable for some patients. They are generally water-soluble which helps it to solubilize quickly in any liquid medium such as gastrointestinal fluids. It influence the release of the encased drug in the body. Pharmaceutical companies are providing their formulations with sugar coatings owing to its unique features. Hence, growing pharma industry, increasing number of pharmaceutical companies and raised demand for sugar coatings tablets for wide range of therapeutic areas are responsible for the market growth.
The market study is broken down by Type (Colored Sugar Coated Tablets and Colorless Sugar Coated Tablets), by Application (Cardiovascular Diseases, Gastrointestinal Disease, Neurological Diseases, Immune Disease, Gynaecological, Orthopaedic diseases and Others) and major geographies with country level break-up.
There are various companies are operating in the market to provides sugar coatings tablets. Pharmaceutical companies provides their medications which are coated with sugar. This coatings are easy to digest and it provides safe coverings to the API. Hence the demand for this tablets is continue to rise which gaining attention from the number of market players for their entry. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pfizer (United States), Novartis ( Switzerland), Bayer( Germany), Yangze River Pharmacelltcal (China), Harbin Pharmaceutical(China), Healthy Life Pharma Pvt. Ltd.(India), Gsk (United Kingdom) and Gebro (Austria) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Jining USP International Co., Ltd. (China) and Reyoung Pharmaceutical Co., Ltd. (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sugar Coated Tablets market by Type, Application and Region.
On the basis of geography, the market of Sugar Coated Tablets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Binders, the sub-segment i.e. Polyvinyl Acetate (PVA) will boost the Sugar Coated Tablets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- The use of enteric sugar coatings for tablet coatings
Market Drivers
- Rising number of pharmaceutical companies across the globe
- Augmented demand for sugar coating tablet from wide range of therapeutic areas
- Unique features like protecting the tablet content from acidic conditions of stomach, prevent damages to internal content and formulations impacting on the demand in positive manner
Opportunities
- Unique features like affordable in terms of running costs, easily availability of raw material like sugar and water, low capital cost providing opportunity to the market for their growth
- Ongoing research & development to make sugar-coated tablets functioning in more number of disease cases is projected to create opportunity for the market
Restraints
- Time consuming production and expertise requirement for coating process may hamper inclination of coatings manufacturers which will eventually impact in negative manner on the market
- Strengthen government norms for coating production
Challenges
- It requires specialized and trained personnel hence, overcome the lack of trained personnel is key challenge to the market
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Pharmaceutical Companies, Sugar Coatings Tablet Manufacturers, Suppliers and Distributors, Government Regulatory, Research Organizations and chemical laboratories and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.