Global sugar coated tablets market is expected to witness substantial growth in the coming years due to the increasing number of disorders that require medications. Sugar coated tablets are sweet to disguise the taste of tablets. Sugar coating process is economical with low complexity. It is readily available with common ingredients like water and sugar. Sugar coating offers smooth, attractive and glossy finishing to tablets of different shapes and sizes.
The major drivers influencing sugar coated tablets market are growing consumers’ inclination for tablets instead of surgical procedures, changes in tablets, and increasing disposable income of consumers. Moreover, economic growth of developing economies and development of retail sector in pharmaceutical industry is also expected to drive the market growth.
Increasing research and development in the domain is an emerging trend in the market. However, sugar coating is prone to chipping due to inapt mechanical stress. Hence, increasing focus of market players to improve this issue is challenging the market players.
Sugar coated tablets market is categorized on the basis of type, application, and geography. On the basis of product, market is divided into colorless tablets and colored tablets market. Colored sugar coated tablets segment is expected to hold maximum share of the market owing to its increasing attraction and acceptance. Based on application, market is divided into neurological diseases, cardiovascular diseases, immune disease, gastrointestinal disease, and others.
Geographically, market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the sugar coated tablets market due to parlance of several disorders. Market is expected to grow significantly in Asia Pacific also due to developing pharmaceutical and healthcare sectors.
The prominent players in sugar coated tablets market comprise Gebro, Pfizer, Harbin Pharmaceutical, NCPC, Bayer, Novartis, Eisai, GSK, XINHUA PHARMACEUTICAL, and Yangze River Pharmacelltcal.
Leading players of Sugar Coated Tablets including:
• Yangze River Pharmacelltcal
• XINHUA PHARMACEUTICAL
• Harbin Pharmaceutical
Market split by Type, can be divided into:
• Colored Sugar Coated Tablets
• Colorless Sugar Coated Tablets
Market split by Application, can be divided into:
• Cardiovascular Diseases
• Gastrointestinal Disease
• Neurological Diseases
• Immune Disease
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Research Support Specialist, USA