Superdisintegrants Market Drivers and Opportunities by 2031
The superdisintegrants market size is projected to reach US$ 0.89 billion by 2031 from US$ 0.50 billion in 2023. The market is expected to register a CAGR of 7.60% during 2023–2031. Growing emphasis on adopting novel drug delivery systems is likely to remain a key trend in the market.
Superdisintegrants Market Analysis
The market is expected to grow due to the growing acceptance of generic medications and the growing use of oral disintegrating solid dosage forms worldwide. North America holds the major market share for superdisintegrants. The largest market for superdisintegrants was in the US, and this market is anticipated to expand due to factors like the rise in superdisintegrant varieties, manufacturers producing more pharmaceuticals, the rise in chronic illness cases, and more. The market is anticipated to expand in Canada and Mexico due to increased government initiatives about pharmaceuticals. Due to the increasing organic and inorganic activities of the companies in the superdisintegrants market, the market in Mexico is anticipated to grow faster.
Superdisintegrants Market Overview
Generic medications are qualitative and quantitative mixtures of active ingredients whose bioequivalency has been proven through appropriate bioavailability testing. Across the globe, generic drug acceptance and adoption are primarily driven by cost efficiency. Additionally, as oral disintegrating medications become more popular, superdisintegrants will likely be used in generic medications. This will eventually propel the growth of the global superdisintegrants market throughout the forecast period. The expanding healthcare sector in Asia Pacific's developing nations allows big market players to grow their companies. Furthermore, the region's medicine consumption is projected to rise due to the large patient population and rising prevalence of chronic conditions in emerging nations. As a result, the region's expanding healthcare industry is expected to stimulate the market and offer significant growth opportunities to market participants throughout the forecast period.
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Superdisintegrants Market: Strategic Insights
Market Size Value in US$ 369.56 Million in 2019 Market Size Value by US$ 659.17 Million by 2027 Growth rate CAGR of 7.6% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Superdisintegrants Market: Strategic Insights
Market Size Value in | US$ 369.56 Million in 2019 |
Market Size Value by | US$ 659.17 Million by 2027 |
Growth rate | CAGR of 7.6% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystSuperdisintegrants Market Drivers and Opportunities
An increase in Demand for Superdisintegrants leads to the Growing Adoption of Orally Disintegrating Drugs to Favor the Market
There is an exponential increase in the prevalence of chronic diseases worldwide. Several factors such as the spread of bacteria, viruses, parasites, genetic disorders, a sedentary lifestyle, poor dietary habits, etc. contribute to increase in prevalence of chronic diseases. Solid dosage forms are becoming more widely used in treating diseases due to the exponential rise in disease prevalence. For instance, the World Health Organization (WHO) states that the most significant cause of death worldwide is cardiovascular disease (CVD). An estimated 17.9 million deaths worldwide in 2019 were attributed to CVDs, accounting for 32% of all deaths. Thus, an upsurge in the prevalence of chronic diseases is likely to drive the demand for products and boost market growth.
Significant Research and Development to Develop Pharmaceutical Products
Throughout the forecast period, the range of advantages provided by superdisintegrants will probably increase due to ongoing research and development efforts carried out by significant companies and research institutions. Additionally, several pharmaceutical companies' new product launches can be attributed to the growing popularity of orally disintegrating tablets. For instance, in December 2021, the FDA approved the use of oral disintegrating glycopyrrolate tablets to treat peptic ulcers and reduce their symptoms.
Superdisintegrants Market Report Segmentation Analysis
Key segments that contributed to the derivation of the superdisintegrants market analysis are type, formulation and therapeutic area.
- Based on type, the superdisintegrants market is divided into synthetic superdisintegrants, natural superdisintegrants, other superdisintegrants. The synthetic superdisintegrants segment held a larger market share in 2023.
- By formulation, the market is bifurcated into tablets, capsules. The tablets segment held the largest share of the market in 2023.
- By therapeutic area, the market is segmented into neurological diseases, gastrointestinal diseases, oncology, inflammatory diseases, cardiovascular diseases, infectious diseases, other diseases. The gastrointestinal diseases segment held the largest share of the market in 2023.
Superdisintegrants Market Share Analysis by Geography
The geographic scope of the superdisintegrants market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The market for superdisintegrants in the US holds the largest share among the countries of North America. Regarding pharmaceutical R&D spending, the US leads the globe, with Europe and Asia closely behind. The National Center for Science and Engineering Statistics estimates that academic institutions spent US$ 8.0 billion more on research and development in 2022 than in 2021, for a total of US$ 97.8 billion. Federally funded R&D expenses made up US$ 4.9 billion of the overall increase. Universities spent US$ 2.1 billion more on R&D (institution funds) in 2022 than in 2021, while US$ 587 million more was spent on R&D by businesses.
Superdisintegrants Market Report Scope
Superdisintegrants Market News and Recent Developments
The superdisintegrants market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the superdisintegrants market are listed below:
- KalVista Pharmaceuticals, Inc., a clinical-stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today announced positive phase 1 data for an orally disintegrating tablet (ODT) formulation for its lead compound sebetralstat. Sebetralstat is currently being developed in the phase 3 KONFIDENT clinical trial as a potential on-demand treatment for hereditary angioedema (HAE) attacks. (Source: KalVista Pharmaceuticals, Inc., Press Release, October 2022)
- Ingredion announced two strategic investments in India to expand into high-value pharma applications. During the third quarter of 2022, the company acquired Amishi Drugs & Chemicals (AD&C), headquartered in Ahmedabad, India, which manufactures super disintegrants, lubricants, and viscosifiers complementing its portfolio of starch, mannitol, and dextrose product offerings. (Source: Ingredion, News Latter, March 2023)
Superdisintegrants Market Report Coverage and Deliverables
The “Superdisintegrants Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Superdisintegrants market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Superdisintegrants market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Superdisintegrants market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the superdisintegrants market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Formulation ; Therapeutic Area , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the superdisintegrants market in 2023
Key factors driving the market are the growing adoption of orally disintegrating drugs and the increasing acceptability of generic drugs.
Growing emphasis on adopting novel drug delivery systems is likely to remain a key trend in the market.
Ashland, Asahi Kasei Corporation, Avantor, Inc, BASF SE, Corel Pharma Chem, Dow DuPont Inc., DFE Pharma, JRS Pharma, MERCK KGAA, and Roquette Frères
The market is expected to register a CAGR of 7.6% during 2023–2031.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.