Global Halal Pharmaceuticals Market Insights, Forecast to 2025

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 global Halal Pharmaceuticals market is valued at 240 million US$ in 2018 and will reach 620 million US$ by the end of 2025, growing at a CAGR of 12.7% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Halal Pharmaceuticals market based on company, product type, end user and key regions.

This report studies the global market size of Halal Pharmaceuticals in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Halal Pharmaceuticals in these regions.
This research report categorizes the global Halal Pharmaceuticals market by top players/brands, region, type and end user. This report also studies the global Halal Pharmaceuticals market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
CCM Pharmaceuticals
Pharmaniaga
Rosemont Pharmaceuticals
Simpor Pharma
Bosch Pharmaceuticals
NOOR VITAMINS

Market size by Product
Tablets
Syrups
Capsules
Others
Market size by End User
Health Care Products
Drugs

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Halal Pharmaceuticals market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Halal Pharmaceuticals market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Halal Pharmaceuticals companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Halal Pharmaceuticals submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Halal Pharmaceuticals are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Halal Pharmaceuticals market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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  • By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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