Italy Sodium Starch Glycolate Market Demand, Growth Factor, Research Factor, Analysis and Forecast by 2032
The Italy Sodium Starch Glycolate Market is an integral part of the pharmaceutical and food industries, where sodium starch glycolate (SSG) serves as a crucial excipient. SSG is a modified starch used primarily as a disintegrant in tablet formulations and as a stabilizer in food products.
The Sodium Starch Glycolate Market is projected to be worth USD 150.4 million by 2030, with a compound annual growth rate (CAGR) of 2.98% during the forecast period (2022 - 2030).
Key Market Drivers
Several factors are contributing to the growth of the Italy sodium starch glycolate market share is:
-
Rising Demand for Pharmaceutical Formulations: The pharmaceutical industry’s growth, driven by the increasing prevalence of chronic diseases, aging populations, and new drug developments, is a significant driver of sodium starch glycolate demand. SSG’s role as a disintegrant in tablet formulations is critical for ensuring the effectiveness and bioavailability of oral medications.
-
Expansion of the Generic Drug Market: The rise in generic drug production has increased the demand for excipients like sodium starch glycolate. Generic drugs often use cost-effective excipients to reduce production costs, boosting the adoption of SSG.
-
Growth in the Food and Beverage Industry: In the food industry, sodium starch glycolate is used as a stabilizer and thickening agent in various processed foods and beverages. The growth of the food and beverage sector, driven by changing consumer preferences and increased consumption of convenience foods, is contributing to the demand for SSG.
-
Advancements in Drug Formulation Technologies: Innovations in pharmaceutical formulation technologies, including the development of controlled-release and extended-release formulations, are driving the demand for effective disintegrants like sodium starch glycolate.
Some of the key players operating in the Sodium Starch Glycolate Companies are DFE Pharma (Germany), Roquette (French), Shree Chemicals (India), Prachin Chemical (India), NB Entrepreneurs (India), Spectrum Chemical Manufacturing Corp. (U.S.), H.P. Chemicals (India), Remedy labs (India), JRS PHARMA (Germany), and Muby Chemicals (India).
Market Trends
Several trends are shaping the future of the Italy sodium starch glycolate market trends are:
-
Development of Advanced Drug Delivery Systems: The demand for advanced drug delivery systems, including modified-release and targeted-release formulations, is driving the need for effective disintegrants. Sodium starch glycolate’s role in these systems is becoming increasingly important.
-
Focus on Natural and Organic Ingredients: The trend toward natural and organic ingredients in food and pharmaceuticals is influencing the development of excipients. Sodium starch glycolate, derived from natural starch sources, aligns with this trend and is gaining popularity.
-
Technological Innovations: Ongoing research and technological innovations are enhancing the performance of sodium starch glycolate and its applications. Advances in production techniques and formulation technologies are improving the functionality and efficiency of SSG.
-
Increased Focus on Quality and Safety: There is an increased focus on the quality and safety of pharmaceutical excipients. Manufacturers are investing in quality control Italysures and certification processes to ensure that sodium starch glycolate meets industry standards.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of WantStats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
English
Arabic
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian