NEW YORK, July 24, 2024 /PRNewswire/ -- The
global simethicone market size is estimated to grow by
USD 255.9 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 3.2% during the forecast period. Increase in prevalence of
gastrointestinal disorders is driving market growth, with a trend
towards growing focus on adoption of sustainable and eco-friendly
practices. However, stringent regulatory requirements regarding
manufacturing of chemical products poses a challenge. Key market
players include Alfa Pharma GmbH, Associated British Foods
Plc, Atom Pharma, Avantor Inc., Biomax Biotechnics Pvt. Ltd.,
D R P Silicone, Dasan Pharmaceutical Co. Ltd., DuPont de Nemours
Inc., Eigenmann and Veronelli SpA, Elkay Chemicals Pvt. Ltd., Kriti
Lifesciences, Momentive Performance Materials Inc., Resil Chemicals
Pvt. Ltd., RioCare India Pvt. Ltd., Shin Etsu Chemical Co. Ltd.,
Shreeji Pharma International, Thurs Organics Pvt. Ltd., Trio
Chemicals and Allied Products, Wacker Chemie AG, and Wellona
Pharma.
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Simethicone Market
Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
3.2%
|
Market growth
2024-2028
|
USD 255.9
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
3.06
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
Europe at
37%
|
Key
countries
|
US, China, Germany,
Canada, and UK
|
Key companies
profiled
|
Alfa Pharma GmbH,
Associated British Foods Plc, Atom Pharma, Avantor Inc., Biomax
Biotechnics Pvt. Ltd., D R P Silicone, Dasan Pharmaceutical
Co. Ltd., DuPont de Nemours Inc., Eigenmann and Veronelli SpA,
Elkay Chemicals Pvt. Ltd., Kriti Lifesciences, Momentive
Performance Materials Inc., Resil Chemicals Pvt. Ltd., RioCare
India Pvt. Ltd., Shin Etsu Chemical Co. Ltd., Shreeji Pharma
International, Thurs Organics Pvt. Ltd., Trio Chemicals and Allied
Products, Wacker Chemie AG, and Wellona Pharma
|
Market Driver
The simethicone market is witnessing a significant shift towards
sustainable and eco-friendly business practices. Manufacturers are
prioritizing environmental responsibility in response to increasing
consumer demand. One key area of focus is sustainable packaging.
Simethicone manufacturers are exploring eco-friendly solutions,
such as recyclable or biodegradable materials, and optimizing
designs to reduce waste. They are also investing in
energy-efficient equipment and technologies to minimize energy
consumption and greenhouse gas emissions. Waste management is
another priority, with manufacturers implementing recycling
programs and reducing waste through process optimization. Life
cycle assessments guide decision-making towards more sustainable
practices, allowing manufacturers to identify opportunities for
reducing environmental impact. By adhering to these practices,
simethicone manufacturers contribute to environmental preservation,
reduce waste, and promote a circular economy. These sustainable
initiatives are expected to drive the growth of the global
simethicone market.
The Simethicone market is on an upward trend due to the
increasing demand for effective solutions to common digestive
issues. As a pharmaceutical excipient and anti-foaming agent,
Simethicone plays a crucial role in many over-the-counter products
for conditions like heartburn, acid indigestion, bloating, and
discomfort caused by swallowed air. These issues can result from
high stomach acid, air swallowing, or stressful conditions, and can
affect people of all ages, including infants who cry and show signs
of distress due to colic. Pharmaceutically active ingredients like
Polydimethylsiloxane and hydrated silica gel work together in
Simethicone to reduce excessive gas, belching, and pain. Its use is
not limited to home remedies; it's also employed in hospitals,
special clinics, and recovery centers to aid in the digestive
health of patients. A balanced diet and healthy lifestyle are
essential, but when these aren't enough, Simethicone offers relief,
allowing for better sleep and overall well-being.
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Market Challenges
- The global simethicone market faces significant challenges due
to stringent regulatory requirements. These regulations are crucial
for ensuring product safety, quality, and compliance with
applicable standards and guidelines. However, they create hurdles
and complexities for manufacturers. Regulatory frameworks vary
across countries and regions, each with its unique set of
regulations and standards. Compliance involves navigating Good
Manufacturing Practices (GMP), safety data requirements, labeling
and packaging regulations, and environmental regulations.
Regulations are constantly evolving, requiring manufacturers to
stay informed and adapt. Failure to comply with updated regulations
can lead to delays in product approval, additional testing
requirements, or product recalls, impacting market entry and
profitability. The high cost of compliance is another challenge,
necessitating substantial investments in research, testing, quality
control, and documentation. Smaller manufacturers, in particular,
may struggle with limited resources and infrastructure. Regulations
differ between pharmaceutical and personal care applications,
adding complexity. Pharmaceutical applications require drug
regulatory authority compliance, while personal care products need
cosmetic regulations adherence. In summary, stringent regulatory
requirements pose a significant challenge to the growth of the
global simethicone market, necessitating a deep understanding of
specific regulations and ongoing adaptation to regulatory
changes.
- The Simethicone market caters to various digestive health
issues, particularly focusing on conditions like bloating,
discomfort, pain, excessive gas, and swallowed air. These issues
can be caused by several factors including high stomach acid,
heartburn, acid indigestion, belching, colic, and even crying in
infants. Pharmaceutically active ingredients play a crucial role in
treating the root cause, while pharmaceutical excipients like
Simethicone function as anti-foaming agents. Oral liquids
containing Simethicone are effective in reducing symptoms in a
stressful condition, ensuring better sleep for caregivers and
patients. Over-the-counter products are the primary source for
consumers, but hospital, special clinics, and recovery centers also
utilize Simethicone for their patients. Polydimethylsiloxane and
hydrated silica gel are common forms of Simethicone used to combat
symptoms caused by hydrogen and methane in the stomach and
intestines. Overall, Simethicone is an essential component in
maintaining digestive health, addressing diet and lifestyle-related
issues, and providing relief in various challenging
conditions.
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Segment Overview
This simethicone market report extensively covers market
segmentation by
- Application
- 1.1 Pharmaceutically active ingredient
- 1.2 Pharmaceutical excipient
- 1.3 Others
- Type
- 2.1 Simethicone (100 percent)
- 2.2 Simethicone emulsion (30 percent)
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Pharmaceutically active ingredient- Simethicone
is a crucial pharmaceutical ingredient, known for its effectiveness
in addressing common gastrointestinal issues. These problems,
including bloating, gas, and discomfort, affect many individuals.
Simethicone works by decreasing gas bubble surface tension in the
gastrointestinal tract, enabling easier expulsion of gas and
alleviating associated symptoms. Primarily used in antacids and
anti-gas medications, simethicone neutralizes stomach acid and
relieves heartburn and acid indigestion. In anti-gas medications,
it reduces excessive gas, offering comfort. Over-the-counter
digestive health products incorporate simethicone, along with
digestive enzymes or herbal extracts, for comprehensive
gastrointestinal relief. Pediatric applications include
simethicone-based formulations for infant colic, easing gas
discomfort and promoting better digestion. The increasing demand
for simethicone in pharmaceutical applications will fuel the growth
of the simethicone market's pharmaceutical ingredient segment.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
Simethicone is a widely used anti-foaming agent commonly
prescribed in hospitals and special clinics for various digestive
issues. It is effective in managing conditions such as bloating,
discomfort, pain, excessive gas, and swallowed air in the stomach
and intestines. These issues can be caused by a range of factors
including high stomach acid, stomach upset, heartburn, acid
indigestion, belching, colic, and even stressful conditions. For
infants, simethicone can help alleviate symptoms of crying,
distress, and leg discomfort caused by excessive intake of air
during feeding. The active ingredients in simethicone include
Polydimethylsiloxane and hydrated silica gel, which work by
reducing the size and frequency of gas bubbles in the digestive
tract. This allows for easier passage of gas and relief from
associated symptoms. Simethicone is available in oral liquid form
and can be administered as needed, making it a convenient option
for caregivers and those seeking relief from digestive
discomfort.
Market Research Overview
Simethicone is a well-known pharmaceutical excipient widely used
as an anti-foaming agent in various healthcare settings, including
hospitals, special clinics, and recovery centers. It works by
reducing the surface tension of gas bubbles in the stomach and
intestines, allowing them to coalesce and be expelled more easily.
This provides relief from bloating, discomfort, pain, excessive
gas, and swallowed air, which are common symptoms of various
digestive issues such as high stomach acid, stomach upset,
heartburn, acid indigestion, belching, colic, and even in infants
who cry and experience distress due to swallowing air or passing
gas. Polydimethylsiloxane and hydrated silica gel are common forms
of simethicone used in over-the-counter products. These agents help
alleviate symptoms caused by hydrogen and methane gas production in
the stomach and intestines, which can result from food
intolerances, diet, lifestyle factors, or stressful conditions.
Simethicone is often used in oral liquids to help manage symptoms
of digestive health issues, making it an essential component of
many pharmaceutical formulations. By reducing the discomfort and
pain associated with bloating, belching, and excessive gas,
simethicone contributes significantly to improving overall
digestive health and well-being. Caregivers and individuals alike
can benefit from the use of simethicone-containing products, as
they help provide relief from symptoms that can disrupt sleep and
daily activities. By addressing the root causes of digestive
discomfort, simethicone plays a crucial role in promoting better
digestive health and enhancing overall quality of life.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Pharmaceutically Active Ingredient
- Pharmaceutical Excipient
- Others
- Type
-
- Simethicone (100 Percent)
- Simethicone Emulsion (30 Percent)
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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