Market Overview:
The global metamizole magnesium market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of pain and inflammation, rising geriatric population, and growing demand for minimally invasive surgeries. By type, the granules segment is expected to account for the largest share of the global metamizole magnesium market in 2018, followed by powder and capsule segments. By application, capsule segment is projected to register highest CAGR during forecast period owing to its increasing use in pain management therapies.
Product Definition:
Metamizole magnesium is a pain reliever that belongs to the class of medications called nonsteroidal anti-inflammatory drugs (NSAIDs). It works by reducing inflammation and pain. Metamizole magnesium is important because it helps to relieve moderate to severe pain.
Granules:
Granules are used as a filler in the manufacturing of metamizole magnesium. It is an off-white crystalline powder, which is insoluble in water and ethanol but soluble in acetone, chloroform and ether. Granules have a low molecular weight compared to their counterparts making them ideal for use as fillers. The product also has high thermal stability making it suitable for injection molding applications at elevated temperatures (above 200OC).
Powder:
Powder is a fine, white crystalline powder and is used as an excipient in the manufacturing of metamizole magnesium. It has applications in pharmaceuticals and nutraceuticals industries. Powder form of metamizole magnesium has better solubility than its liquid counterpart which makes it ideal for oral administration; hence it finds application as an anti-caking agent.
Application Insights:
The other application segment includes metamizole capsules, tablets and powder. The metamizole capsules held the largest share of over 40% in 2017. Capsules are used for various conditions such as acid indigestion, heartburn, gas pains and abdominal bloating among others. Growing awareness about gastric ailments is anticipated to boost the demand for metamizole magnesium over the forecast period.
Growing prevalence of lifestyle disorders coupled with rising healthcare costs is expected to drive the demand for weight management programs which may further increase product consumption in capsule form. In addition, increasing spending on anti-obesity drugs & therapies owing to growing obesity levels across all age groups will fuel market growth during the forecast period (2018 - 2030).
Metamizole powder is widely used as a baking ingredient due to its high magnesium content which makes it an ideal additive in bread making process among others similar applications where Mg2+ plays a significant role such as confectionery products.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The presence of major magnesium-producing countries such as China, India, and Japan along with growing demand for nutritional products are some of the factors responsible for regional growth. In addition, increasing healthcare spending coupled with rising geriatric population in this region is anticipated to fuel product demand over the coming years.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 owing to high magnesium content found in soil and water resources present across this region. Moreover, growing awareness regarding health benefits associated with metamizole magnesium has resulted into increased consumption across several application segments including capsule (bioavailability), tablet (non-CDR profile) and powder form (stability).
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace. This will lead to an increase in the number of people suffering from chronic diseases such as cancer, arthritis, and Alzheimer’s disease. This will create a high demand for Metamizole Magnesium, which is used to treat these conditions.
- Rising awareness about the benefits of Metamizole Magnesium: There is a growing awareness among people about the benefits of Metamizole Magnesium. This is leading to an increase in its demand worldwide.
- Technological advancements: The pharmaceutical industry is witnessing rapid advancements in technology that are helping in the development of new and better drugs such as Metamizole Magnesium. This will help fuel the growth of the market for this drug in years to come.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metamizole Magnesium Market Research Report
By Type
Granules, Powder
By Application
Capsule, Tablet, Other
By Companies
CEPiA-Sanofi, Honor Bio-Pharm, Xinhua Pharm, ...
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Metamizole Magnesium Market Report Segments:
The global Metamizole Magnesium market is segmented on the basis of:
Types
Granules, Powder
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
Capsule, Tablet, Other
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:
- CEPiA-Sanofi
- Honor Bio-Pharm
- Xinhua Pharm
- ...
Highlights of The Metamizole Magnesium 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:
- Granules
- Powder
- By Application:
- Capsule
- Tablet
- Other
- 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 Metamizole Magnesium 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Metamizole magnesium is a medication used to treat migraine headaches. It is an oral medication that works by reducing the frequency and severity of migraines. Metamizole magnesium can also help prevent new migraines from occurring.
Some of the key players operating in the metamizole magnesium market are CEPiA-Sanofi, Honor Bio-Pharm, Xinhua Pharm.
The metamizole magnesium market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metamizole Magnesium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metamizole Magnesium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metamizole Magnesium Market - Supply Chain
4.5. Global Metamizole Magnesium Market Forecast
4.5.1. Metamizole Magnesium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metamizole Magnesium Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metamizole Magnesium Market Absolute $ Opportunity
5. Global Metamizole Magnesium Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Metamizole Magnesium Market Size and Volume Forecast by Type
5.3.1. Granules
5.3.2. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metamizole Magnesium Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Metamizole Magnesium Market Size and Volume Forecast by Application
6.3.1. Capsule
6.3.2. Tablet
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metamizole Magnesium Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Metamizole Magnesium Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Metamizole Magnesium Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Metamizole Magnesium Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Metamizole Magnesium Demand Share Forecast, 2019-2029
9. North America Metamizole Magnesium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Metamizole Magnesium Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Metamizole Magnesium Market Size and Volume Forecast by Application
9.4.1. Capsule
9.4.2. Tablet
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metamizole Magnesium Market Size and Volume Forecast by Type
9.7.1. Granules
9.7.2. Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Metamizole Magnesium Demand Share Forecast, 2019-2029
10. Latin America Metamizole Magnesium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Metamizole Magnesium Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Metamizole Magnesium Market Size and Volume Forecast by Application
10.4.1. Capsule
10.4.2. Tablet
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metamizole Magnesium Market Size and Volume Forecast by Type
10.7.1. Granules
10.7.2. Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Metamizole Magnesium Demand Share Forecast, 2019-2029
11. Europe Metamizole Magnesium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Metamizole Magnesium Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Metamizole Magnesium Market Size and Volume Forecast by Application
11.4.1. Capsule
11.4.2. Tablet
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metamizole Magnesium Market Size and Volume Forecast by Type
11.7.1. Granules
11.7.2. Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Metamizole Magnesium Demand Share, 2019-2029
12. Asia Pacific Metamizole Magnesium Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Metamizole Magnesium Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Metamizole Magnesium Market Size and Volume Forecast by Application
12.4.1. Capsule
12.4.2. Tablet
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metamizole Magnesium Market Size and Volume Forecast by Type
12.7.1. Granules
12.7.2. Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Metamizole Magnesium Demand Share, 2019-2029
13. Middle East & Africa Metamizole Magnesium Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Metamizole Magnesium Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Metamizole Magnesium Market Size and Volume Forecast by Application
13.4.1. Capsule
13.4.2. Tablet
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metamizole Magnesium Market Size and Volume Forecast by Type
13.7.1. Granules
13.7.2. Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Metamizole Magnesium Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Metamizole Magnesium Market: Market Share Analysis
14.2. Metamizole Magnesium Distributors and Customers
14.3. Metamizole Magnesium Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CEPiA-Sanofi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honor Bio-Pharm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xinhua Pharm
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ...
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
