Market Overview:
The global pharmaceutical grade lactose market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for tablets and capsules from the pharmaceutical industry, and rising awareness about the benefits of using pharmaceutical grade lactose among consumers. Based on type, crystalline monohydrate lactose accounted for the largest share of the global pharmaceutical grade lactose market in 2017. This segment is projected to grow at a CAGR of 5.7% during the forecast period from 2018 to 2030, owing to its high purity and superior quality compared with other types of lactose available in the market.
Product Definition:
A pharmaceutical grade lactose is a purified form of lactose that is used in the manufacturing of drugs and other pharmaceutical products. It is considered to be of higher quality than other forms of lactose, and its purity helps to ensure the quality and consistency of the final product.
Crystalline Monohydrate Lactose:
Crystalline Monohydrate Lactose is a type of lactose that has been processed to remove the water content. It is also known as monohydrate or d-lactose. Crystalline Monohydrate Lactose has better solubility in alcohol and water than other forms of lactose, which makes it ideal for pharmaceutical applications such as drug delivery systems and tablets.
Inhalation Lactose:
Inhalation lactose is a type of lactose that can be inhaled through the nose. It has been studied to have an effect on the brain in such a way that it reduces anxiety and increases feel good chemicals. The chemical also enhances memory, learning ability, attention span and even helps in problem solving skills.
Application Insights:
Based on application, the global pharmaceutical grade lactose market is segmented into tablets manufacturing, capsule manufacturing and others. The tablet manufacturing segment dominated the overall industry in 2017 owing to its high demand from various manufacturers of dietary supplements. This application segment is also expected to be one of the fastest-growing segments over the forecast period due to factors such as growing awareness about health benefits associated with lactose intolerance and increasing incidences of lactase non-persistence.
The capsule manufacturing application was second largest in 2017 and is expected to grow at a significant rate during the forecast period owing to its use as an active pharmaceutical ingredient (API) in several capsules manufactured by different companies including Pfizer, Inc., Novartis AG., Merck KGaA, Ltd., etc.
Regional Analysis:
Asia Pacific pharmaceutical grade lactose market led the global industry and accounted for over 40% of the total revenue share in 2016. The region is expected to witness significant growth owing to increasing demand from various end-use industries, such as tablets manufacturing, capsule manufacturing, and nutraceuticals. In addition, rising healthcare expenditure coupled with supportive government initiatives is anticipated to drive regional product demand during the forecast period.
Europe pharmaceutical grade lactose market was valued at USD X million in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2030 due primarily on increased production capacities by major players coupled with growing product applications in nutraceutical products segment.
Growth Factors:
- Increasing demand for pharmaceutical grade lactose from the food and beverage industry as a filler and sweetener.
- Rising demand for lactose-free products due to increasing awareness about health benefits of these products.
- Growing use of pharmaceutical grade lactose in nutraceuticals and dietary supplements industry.
- Increasing research on the therapeutic potential of lactose for various diseases such as cancer, diabetes, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Grade Lactose Market Research Report
By Type
Crystalline Monohydrate Lactose, Inhalation Lactose, Granulated Lactose
By Application
Tablets Manufacturing, Capsule Manufacturing
By Companies
DFE Pharma, Meggle Pharma, Kerry, Alpavit, Lactose India Limited, Armor Pharma, Dawning Pharmaceutical, Zhenjiang Kangfu Bioengineering, DFE Pharma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Grade Lactose Market Report Segments:
The global Pharmaceutical Grade Lactose market is segmented on the basis of:
Types
Crystalline Monohydrate Lactose, Inhalation Lactose, Granulated Lactose
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tablets Manufacturing, Capsule Manufacturing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DFE Pharma
- Meggle Pharma
- Kerry
- Alpavit
- Lactose India Limited
- Armor Pharma
- Dawning Pharmaceutical
- Zhenjiang Kangfu Bioengineering
- DFE Pharma
Highlights of The Pharmaceutical Grade Lactose Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crystalline Monohydrate Lactose
- Inhalation Lactose
- Granulated Lactose
- By Application:
- Tablets Manufacturing
- Capsule Manufacturing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pharmaceutical Grade Lactose Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pharmaceutical grade lactose is a type of sugar that has been processed in a way that makes it more pure and consistent than regular lactose. This means that the lactose has been removed from milk products, which can make it easier to digest.
Some of the key players operating in the pharmaceutical grade lactose market are DFE Pharma, Meggle Pharma, Kerry, Alpavit, Lactose India Limited, Armor Pharma, Dawning Pharmaceutical, Zhenjiang Kangfu Bioengineering, DFE Pharma.
The pharmaceutical grade lactose market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pharmaceutical Grade Lactose Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pharmaceutical Grade Lactose Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pharmaceutical Grade Lactose Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pharmaceutical Grade Lactose Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pharmaceutical Grade Lactose Market Size & Forecast, 2018-2028
4.5.1 Pharmaceutical Grade Lactose Market Size and Y-o-Y Growth
4.5.2 Pharmaceutical Grade Lactose Market Absolute $ Opportunity
Chapter 5 Global Pharmaceutical Grade Lactose Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pharmaceutical Grade Lactose Market Size Forecast by Type
5.2.1 Crystalline Monohydrate Lactose
5.2.2 Inhalation Lactose
5.2.3 Granulated Lactose
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pharmaceutical Grade Lactose Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pharmaceutical Grade Lactose Market Size Forecast by Applications
6.2.1 Tablets Manufacturing
6.2.2 Capsule Manufacturing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pharmaceutical Grade Lactose Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pharmaceutical Grade Lactose Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pharmaceutical Grade Lactose Analysis and Forecast
9.1 Introduction
9.2 North America Pharmaceutical Grade Lactose Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pharmaceutical Grade Lactose Market Size Forecast by Type
9.6.1 Crystalline Monohydrate Lactose
9.6.2 Inhalation Lactose
9.6.3 Granulated Lactose
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pharmaceutical Grade Lactose Market Size Forecast by Applications
9.10.1 Tablets Manufacturing
9.10.2 Capsule Manufacturing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pharmaceutical Grade Lactose Analysis and Forecast
10.1 Introduction
10.2 Europe Pharmaceutical Grade Lactose Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pharmaceutical Grade Lactose Market Size Forecast by Type
10.6.1 Crystalline Monohydrate Lactose
10.6.2 Inhalation Lactose
10.6.3 Granulated Lactose
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pharmaceutical Grade Lactose Market Size Forecast by Applications
10.10.1 Tablets Manufacturing
10.10.2 Capsule Manufacturing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pharmaceutical Grade Lactose Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pharmaceutical Grade Lactose Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pharmaceutical Grade Lactose Market Size Forecast by Type
11.6.1 Crystalline Monohydrate Lactose
11.6.2 Inhalation Lactose
11.6.3 Granulated Lactose
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pharmaceutical Grade Lactose Market Size Forecast by Applications
11.10.1 Tablets Manufacturing
11.10.2 Capsule Manufacturing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pharmaceutical Grade Lactose Analysis and Forecast
12.1 Introduction
12.2 Latin America Pharmaceutical Grade Lactose Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pharmaceutical Grade Lactose Market Size Forecast by Type
12.6.1 Crystalline Monohydrate Lactose
12.6.2 Inhalation Lactose
12.6.3 Granulated Lactose
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pharmaceutical Grade Lactose Market Size Forecast by Applications
12.10.1 Tablets Manufacturing
12.10.2 Capsule Manufacturing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pharmaceutical Grade Lactose Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pharmaceutical Grade Lactose Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pharmaceutical Grade Lactose Market Size Forecast by Type
13.6.1 Crystalline Monohydrate Lactose
13.6.2 Inhalation Lactose
13.6.3 Granulated Lactose
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pharmaceutical Grade Lactose Market Size Forecast by Applications
13.10.1 Tablets Manufacturing
13.10.2 Capsule Manufacturing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pharmaceutical Grade Lactose Market: Competitive Dashboard
14.2 Global Pharmaceutical Grade Lactose Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DFE Pharma
14.3.2 Meggle Pharma
14.3.3 Kerry
14.3.4 Alpavit
14.3.5 Lactose India Limited
14.3.6 Armor Pharma
14.3.7 Dawning Pharmaceutical
14.3.8 Zhenjiang Kangfu Bioengineering
14.3.9 DFE Pharma
