Press release
Sugar Sphere Market: Competitive Dynamics & Global Outlook 2023
Sugar spheres are a widely used excipient for sustained-release pellet formulations. Sugar spheres (also called neutral pellets, nonpareil seeds, microgranules or sugar beads) are produced, preferably using a layered sugar-coating structure. The result is sugar spheres with sufficient mechanical stability for further processing.
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Global Sugar Sphere Market: Forecast by Type / Application / Region
North America is the still largest supplier of Sugar Sphere with the production market share of 35% and the consumption market share of 30% in 2016.
The price of Sugar Sphere is relatively expensive. The largest consumers are developed countries with high income. North America occupied a market share of 30%, following Europe with the consumption market share of 27% in 2016.
In the market, 3M Co., Amano Corporation, Cubic Corporation, Thales, Kapsch TrafficCom AG, Nortech Control Systems Limited, Siemens, Swarco AG, Fujica, Imtech, Xerox are the main market supplers. Cubic Corporation is the larget palyer with share over 16%.
Over the next five years, LPI(LP Information) projects that Sugar Sphere will register a 6.0% CAGR in terms of revenue, reach US$ 180 million by 2023, from US$ 130 million in 2017.
Global Sugar Sphere Market: Key Players
Colorcon
Zhuhai Rundu Pharmaceutical Co
Pharm-a-spheres
Pharmatrans Sanaq AG
M. B. Sugars & Pharmaceuticals Limited
Emilio Castelli
Nanjing Joyfulchem
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Related Information:
United States Sugar Sphere Market Research Report 2018
Europe Sugar Sphere Market Research Report 2018
North America Sugar Sphere Market Research Report 2018
Asia-Pacific Sugar Sphere Market Research Report 2018
China Sugar Sphere Market Research Report 2018
EMEA Sugar Sphere Market Research Report 2018
Global Sugar Sphere Market Research Report 2018
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