Halal pharmaceuticals are those medicines that stringently adhere to Shariah law. More specifically, halal pharmaceuticals refer to medicines that should not contain any parts of animals (dogs, pigs and ones particularly with pointed teeth), insects (bees), alcohol and other substances prohibited as 'haram' under the Shariah law.
In the last several years, global market of Halal Pharmaceuticals developed rapidly, with an average growth rate of 22.98%. In the next few years, Halal Pharmaceuticals industry will maintain increasing at a high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
Southeast Asia and NAME is the main production places, with a revenue market share nearly 62% and 18% in 2016. Southeast Asia and NAME also is the main consumption region with market share 58% and 26% in 2016. The revenue is about 205.79 M USD the consumption need is around 36.7 B USD in 2016 and there is a huge gap in there.
The classification of Halal Pharmaceuticals includes Tablets, Syrups, Capsules and Other. The proportion of Tablets in 2016 is about 46%, and the proportion is in increasing trend from 2012 to 2016.
The report offers detailed coverage of Halal Pharmaceuticals industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Halal Pharmaceuticals by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Halal Pharmaceuticals market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Halal Pharmaceuticals market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
CCM Pharmaceuticals
Pharmaniaga
Rosemont Pharmaceuticals
Simpor Pharma
Bosch Pharmaceuticals
NOOR VITAMINS
At the same time, we classify Halal Pharmaceuticals according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Tablets
Syrups
Capsules
Others
Market by Application
Health Care Products
Drugs
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Halal Pharmaceuticals market for the forecast period 2021 - 2025?
• What are the driving forces in the Halal Pharmaceuticals market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Halal Pharmaceuticals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?