Global Simethicone Market 2024-2028
The simethicone market is forecasted to grow by USD 255.9 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the simethicone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in prevalence of gastrointestinal disorders, increase in consumer awareness of importance of digestive health, and growing demand for personal care products.
Technavio's simethicone market is segmented as below:
By Application
- Pharmaceutically active ingredient
- Pharmaceutical excipient
- Others
By Type
- Simethicone (100 percent)
- Simethicone emulsion (30 percent)
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing focus on adoption of sustainable and eco-friendly practices as one of the prime reasons driving the simethicone market growth during the next few years. Also, growing adoption of simethicone in infant care products and increase in adoption of online platforms for buying simethicone products will lead to sizable demand in the market.
The report on the simethicone market covers the following areas:
- Simethicone market sizing
- Simethicone market forecast
- Simethicone market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading simethicone market vendors that include Alfa Pharma GmbH, Associated British Foods PLC, Atom Pharma, Avantor Inc., Biomax Biotechnics Pvt. Ltd., D R P Silicone, Dasan Pharmaceutical Co. Ltd., DuPont de Nemours Inc., Eigenmann and Veronelli SpA, Elkay Chemicals Pvt. Ltd., Kriti Lifesciences, Momentive Performance Materials Inc., Resil Chemicals Pvt. Ltd., RioCare India Pvt. Ltd., Shin Etsu Chemical Co. Ltd., Shreeji Pharma International, Thurs Organics Pvt. Ltd., Trio Chemicals and Allied Products, Wacker Chemie AG, and Wellona Pharma. Also, the simethicone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.