Aug 25, 2022   SOURCE: BusinessWire

Worldwide Lipid Based Formulations Industry to 2027 - by Source of Lipids, Application, Distribution Channel and Region - ResearchAndMarkets.com

The "Lipid Based Formulations Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027" report has been added to ResearchAndMarkets.com's offering.

The global lipid based formulations market is projected to grow at a significant CAGR during the forecast period, 2023-2027. The market growth can be attributed to the rapidly expanding pharmaceutical industry and rising demands for advanced medicines. Besides, the rapidly growing demand for orally administered medicine is expected to boost the global lipid based formulations market.

Lipid-based formulations are bio-chemical compounds synthesized artificially to facilitate drug administration while ensuring drug safety and bio-solubility for digestion and faster action of the main drug component inside the formulation. Lipid-based formulations enable the drug's primary mechanism of action, which leads to bioavailability.

In layman's terms, highly water-soluble drugs that dissolve in the beginning of the gut may not reach the target site or target organ, which reduces their efficacy. A lipid-based formulation is used to counteract this effect. Lipids form hydrophobic bonds around the drug, preventing it from dissolving completely or partially until it reaches the target site.

Consistent research and development of drugs to improve bioavailability, effect on the target site, and improve drug facilitation to create its effect at the target site is anticipated to drive the growth of the global lipid based formulations market in the next five years.

Governments in major economies are actively investing in their respective healthcare sectors to improve services and products and provide the best possible patient care. Increased chronic, infectious, and communicable disease prevalence is anticipated to drive growth in the global lipid-based formulations market over the next five years. Consistent research and technological advancement for pharmaceutical product development and advancement of drug delivery systems are also expected to support the growth of the global lipid-based formulations market over the next five years.

The global lipid based formulations market is segmented on the basis of source of lipids, application, distribution channel, regional distribution, and competitive landscape. Based on source of lipids, the market is differentiated between natural and chemically synthesized sources.

Years considered for this report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2027

Objective of the Study:

  • To analyze the historical growth in the market size of the global lipid based formulations from 2017 to 2021.
  • To estimate and forecast the market size of global lipid based formulations market from 2023 to 2027 and growth rate until 2027.
  • To classify and forecast the global lipid based formulations market based on source of liquid, application, distribution channel, region, and company.
  • To identify the dominant region or segment in the global lipid based formulations market.
  • To identify drivers and challenges for the global lipid based formulations market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global lipid based formulations market.
  • To identify and analyze the profiles of leading players operating in the global lipid based formulations market.
  • To identify key sustainable strategies adopted by market players in global lipid based formulations market.

Companies Mentioned

  • Novartis AG
  • AbbVie, Inc.
  • F. Hoffmann-La Roche AG
  • Johnson & Johnson
  • Alnylam Pharmaceuticals Inc.

Report Scope:

In this report, global lipid based formulations market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Lipid Based Formulations Market, By Source of Lipids:

  • Natural
  • Chemically Synthesized

Lipid Based Formulations Market, By Application:

  • Fungal Diseases
  • Oncology
  • Gene Therapy
  • Antiviral Vaccines
  • Others

Lipid Based Formulations Market, By Distribution Channel:

  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

Lipid Based Formulations Market, By Region:

  • North America
  • United States
  • Mexico
  • Canada
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • South America
  • Brazil
  • Argentina
  • Colombia

For more information about this report visit https://www.researchandmarkets.com/r/x1dsva