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Halal Nutraceuticals and Vaccines Market Report 2030: Market Scope and Market Size Estimation & Forecast 2030

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Halal Nutraceuticals and Vaccines Market 
Press Release

Market Industry Reports (MIR) has published a new report titled “Halal Nutraceuticals and Vaccines Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global Halal Nutraceuticals and Vaccines Market is estimated to be over US$ 40.0 Bn in 2018. It is anticipated to grow at a CAGR of 7.8% from 2019 to 2030.

Nutraceuticals & vaccines that are manufactured using the Good Manufacturing Practice (GMP) Standards and that are complaint with the Shariah Law (Governs all aspects of Muslim life) are referred to as halal (lawful) products. To be qualified as halal, products must not contain any ingredients that include parts or products from non-halal animals, such as pigs and dogs. Also, they must not contain any parts or products from animals that are not slaughtered according to Sharia law.

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The growth of the global halal nutraceuticals and vaccines market can be attributed to several factors which have led to wide scale adoption of halal products. Growing Muslim population is a primary driver contributing to the growth of this market. Furthermore, rising demand for halal products, and increased government initiatives to promote halal products are fueling to the growth of the global halal nutraceuticals and vaccines market between 2019 and 2030. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. In 2017, Pharmaniaga collaborated with Technology Depository Agency (TDA) and India-based Hilleman Laboratories, to produce halal vaccines for diphtheria and meningitis.

Growing Muslim population is a primary driver for halal biomedical products. According to Pew Research Center, in 2015, there are about 1.6 billion Muslims around the world, which accounts for 25% of the global population and marks them the second largest religious group in the world. The annual growth rate of the Muslim population has been estimated to be ~1.6%, which is higher than the growth rate of the world population (1.1% per annum).

With rising Muslim population, governments & regulators authority in the health care community are increasingly focusing on halal products. Moreover, more than 60% of Muslims live in Asia. In Malaysia, two-thirds of the population is Muslim. This region has been a pioneer in upgrading the processing and quality of halal pharmaceuticals. For instance, Saudi Arabia’s Aljomaih Group, through its subsidiary AJ Pharma Holding (Malaysia), has set up formulation and fill-finish facilities for halal vaccines for Muslim population. Hence, growing Muslim population will fuel the global halal nutraceuticals and vaccines market in the coming years.

Demand for halal products, especially pharmaceuticals products are gaining major focus globally, primarily due to these medicines are compliant with the Shariah Law. Moreover, these medicines are manufactured under GMP standards and certified before being released into the market.

In Indonesia, rejection to immunization on religious grounds is on rise, especially in more conservative provinces such as Aceh, Sulawesi, and the Riau Islands. In 2018, doubts over the halal status of the measles-rubella (MR) vaccine led to millions of Indonesian parents rejecting the immunization for their children. It has led to a declining rate for measles and rubella vaccination to as low as 6% in Aceh, compared to 60% in Bali. Owing to rejection of vaccine on religious grounds, Indonesian state-owned pharmaceutical company PT Bio Farma plans on working with Indonesian Ulama Council (MUI) to develop halal MR vaccine.

Moreover, Halal pharmaceutical has strong growth opportunities for its investors owing to the rising demand of halal vaccine from Muslim population, increasing prevalence of disease, and increased awareness of Sharia approvals for these products. In the last few years, several countries have become popular places for new investors of Halal drug manufacturing. For instance in Malaysia, Halal Industrial Parks in Penang have been set up for pharmaceutical investors to set up manufacturing plants. Moreover, Department of Islamic Development Malaysia (JAKIM) is a recognized Foreign Halal Certification Body (FHCB) that is responsible for the Islamic affairs including halal certification and assures Muslim population to seek for halal products as urged by Shariah in Malaysia.

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The halal nutraceuticals and vaccines market growth is restricted due to, lack of suitable infrastructure to avoid cross-contamination between halal and non-halal production lines. Also lack of adequate halal advisory and certification agencies to approve medicinal products may restrain the growth of the market to certain extent.

Asia Pacific is estimated to witness the highest CAGR during the forecast period due to increasing Muslim population. Asia Pacific region is exhibiting development and uptake of halal medicines, particularly in countries such as Malaysia, Indonesia and Brunei. Moreover, R&D activities related to halal medicines are gaining traction in the European and North American regions.

The prominent players in the global halal nutraceuticals and vaccines market are Chemical Company of Malaysia Berhad, NoorVitamins, PT Kalbe Farma Tbk, AJ Biologics Sdn Bhd, Kotra Pharma (M) Sdn Bhd, Abbott Laboratories, Agropur, Inc., Amway, Sky Resources Group of Companies among others.

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We are striving to provide the best customer friendly services and appropriate business information to accomplish your ideas. The skilled and experienced professionals at Market Growth Insight are our strength and the position we have earned in the industry. This is what makes us to offer our clients to excel and enable competitive prices while retaining the best services. We are incorporated with a vision to provide the complete solution required for successful business execution. Our only motto is to resolve customer fulfillment completely. We provide the quality and customized research reports from the best publishers in the world.

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Diseases & Disorders

Regenerative Artificial Skin Market 2019 Global Market Size Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects 2025

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Global Regenerative Artificial Skin Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Regenerative Artificial Skin industry.

The report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.

There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.

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For competitor segment, the report includes global key players of Regenerative Artificial Skin as well as some small players.

F. Hoffmann-La Roche
GlaxoSmithKline
Bristol-Myers-Squibb
AbbVie
Johnson & Johnson
Merck & Co
Aurobindo Pharma
Cipla
Dr Reddys

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Nucleotide Polymerase Inhibitor
Reverse Transcriptase Inhibitor
Protease Inhibitor

Segment by Application
HIV
Hepatitis
HSV
Influenza

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Important Key questions answered in Regenerative Artificial Skin market report:

What will the market growth rate, Overview, and Analysis by Type of Regenerative Artificial Skin in 2024?

What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Regenerative Artificial Skin market?

What is Dynamics, This Overview Includes Analysis of Scope and price analysis of top Manufacturers Profiles?

Who Are Opportunities, Risk and Driving Force of Regenerative Artificial Skin market? Knows Upstream Raw Materials Sourcing and Downstream Buyers.

Who are the key manufacturers in space? Business Overview by Type, Applications, Gross Margin, and Market Share

What are the opportunities and threats faced by manufacturers in the global market?

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The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Regenerative Artificial Skin product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Regenerative Artificial Skin , with price, sales, revenue and global market share of Regenerative Artificial Skin in 2019 and 2015.

Chapter 3, the Regenerative Artificial Skin competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Regenerative Artificial Skin breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2019 to 2025.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2019 to 2025.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2019 to 2025.

Chapter 12, Regenerative Artificial Skin market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025.

Chapter 13, 14 and 15, to describe Regenerative Artificial Skin sales channel, distributors, customers, research findings and conclusion, appendix and data source.

This post was originally published on Health News Office

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Diseases & Disorders

Balsalazide Market Growth Analyzed in a New Study

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The global Balsalazide market study covers the projection size of the market both in terms of value (Mn/Bn US$) and volume (x units). The report estimates the lookup of different local distributors in the overall market and provides the market size of the Balsalazide market using both bottom-up and top-down approaches. To investigate the key players and their market contribution, primary and secondary research has been comprehensively performed. In addition, all the figures, subdivisions, and shares have been collected with the help of trustworthy sources.

In the Balsalazide market research study, 2018 is considered as the base year, and 2019-2029 is considered as the forecast period to predict the market size. The report identifies each Balsalazide market player on the basis of market share, production portfolio, and growth rate. In addition, the research study analyzes the strengths, weaknesses, opportunities and threats of the players.

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Global Balsalazide market report on the basis of market players

Merck (Sigma-Aldrich)
Herbest
Biorbyt
Guanjie Biotech
Herbsens
Yan’an Pharmaceutical

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Group A Soyasaponin
Group B Soyasaponin

Segment by Application
Food Additives
Cosmetic
Medicine
Others

The report provides market share, consumption pattern, and influencing factors of each region. Prominent countries driving the regional growth are also covered in the report.

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Highlights of the report:

  • Scrutinized data of the drivers and restraints affecting the growth of the Balsalazide market.
  • Detailed analysis of distribution channels, and consumption patterns, of the global Balsalazide market.
  • Comprehensive evaluation of the Balsalazide market player, which includes strengths, weaknesses, opportunities and threats.
  • In-depth information regarding the recent R&D projects across various regions and end-use industries.
  • Up-to-date insights about the trends influencing the Balsalazide market growth, including ecological preservation, and regulatory norms.

The Balsalazide market report answers the following questions:

  1. Why are the players focusing on the production of segment?
  2. Which regions are serving lucrative opportunities to the Balsalazide market players?
  3. What manufacturing techniques are being utilized for the production of Balsalazide ?
  4. Which segment currently holds the majority of share of the global Balsalazide market?
  5. Which trends have the maximum impact on the growth of the global Balsalazide market?

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Diseases & Disorders

Venous Cannula Market Market Sales and Forecast Analyzed in a New Research Study 2017 – 2025

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Latest report on global Venous Cannula market by Transparency Market Research (TMR)

Analysts at Transparency Market Research (TMR) find that the global Venous Cannula market has been evolving at a CAGR of xx% during the historic period 2014-2018. The market study suggests that the global market size of Venous Cannula is projected to reach ~US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% over the stipulated timeframe 2019-2029. The Venous Cannula market research demonstrates the current and future market share of each region alongwith the important countries in respective region. Key regions include:

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Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market       

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    What does the Venous Cannula market research holds for the readers?

    • One by one company profile of key vendors.
    • Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Venous Cannula market.
    • Evaluation of supply-demand ratio in every end use industry.
    • Regional analysis on the basis of market share, growth outlook, and key countries.
    • Positive and negative aspects associated with the consumption of Venous Cannula .

    The Venous Cannula market research clears away the following queries:

    1. What is the present and future outlook of the global Venous Cannula market on the basis of region?
    2. What tactics are the Venous Cannula market vendors implementing to give tough competition to their business counterparts?
    3. What are the macro- and microeconomic factors affecting the global Venous Cannula market?
    4. Which end use segment is spectated to lead by the end of 2029?
    5. Why region has the highest consumption of Venous Cannula ?

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    Reasons to choose Transparency Market Research (TMR):

    Transparency Market Research (TMR) is equipped with highly-experienced professionals that perform a comprehensive primary and secondary research to provide minute details regarding the market. We publish myriads of reports for global clients irrespective of the time zone. Our reports are a result of digitally-driven market solutions that provide unique and actionable insights to the clients. 

    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Mr. Rohit Bhisey
    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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