Fatty Bases for Suppositories Market By Base Type (Hard Fat, Water Miscible Base, Emulsifying Bases): Global Opportunity Analysis and Industry Forecast, 2021-2031
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.
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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