Global BFS (Blow-Fill-Seal) Products Market overview:
Detailed Study on BFS (Blow-Fill-Seal) Products Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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With the slowdown in world economic growth, the BFS (Blow-Fill-Seal) Products industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, BFS (Blow-Fill-Seal) Products market size to maintain the average annual growth rate of 0.0517569892926 from 2230.0 million $ in 2014 to 2870.0 million $ in 2019, Market analysts believe that in the next few years, BFS (Blow-Fill-Seal) Products market size will be further expanded, we expect that by 2024, The market size of the BFS (Blow-Fill-Seal) Products will reach 4860.0 million $.
Blow-Fill-Seal (BFS) technology is a manufacturing technique used to produce small, (0.1mL) and large volume, (500mL +) liquid-filled containers. Originally developed in Europe in the 1930s, it was introduced in the United States in the 1960s, but over the last 20 years it has become more prevalent within the pharmaceutical industry and is now widely considered to be the superior form of aseptic processing by various medicine regulatory agencies including the U.S. Food and Drug Administration (FDA) in the packaging of pharmaceutical and healthcare products.
The Global BFS (Blow-Fill-Seal) Products Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the BFS (Blow-Fill-Seal) Products Market is sub segmented into PE, PP. Based on End Use Industry segment, the BFS (Blow-Fill-Seal) Products Market is sub segmented into Pharmaceuticals, Food & Beverage, Cosmetics and Personal Care.
Major companies with their market volumes and revenues are covered for each of the regions. The report also deals with market share by participants for the overall market and describes the competitive strategies adopted by these players. BFS (Blow-Fill-Seal) Products Market segmentation is also done on the basis of applications. Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are Unither Pharmaceuticals, Nephron Pharmaceuticals, Takeda Pharmaceuticals, Recipharm, TRC, SIFI, Catalent, Horizon Pharmaceuticals, Unicep Packaging, Amanta Healthcare, CR Double-Crane, SALVAT, Unipharma, Asept Pak, Pharmapack, Curida.
Latest Industry Updates:
Recipharm expands Indian injectable dosage form capabilities through new partnership Recipharm, the contract development and manufacturing organisation (CDMO), will enter a project together with long-term Indian partner Sobti family aimed at creating production capacity in India for a range of sterile dosage forms.
The Sobti family’s newly created company Nichepharm Lifesciences Pvt Ltd (“Nichepharm”) will initially issue an 8% equity stake to Recipharm for an investment of 800 Million INR (approximately 110 million SEK). In addition, Recipharm will have the option to acquire an additional 16% share in Nichepharm during 2021. The new facility that will be established in Dehradun, Uttarakhand in northern India is expected to be fully operational by 2022 and to be approved by the European and other international regulatory agencies.
Thomas Eldered, CEO of Recipharm, said: “Three years after acquiring Nitin Lifesciences Ltd (“Nitin”) from the Sobti family, we have confirmed our initial views that the Indian-based operations offer high-level expertise and low-cost options for drug development and manufacturing. We have been impressed with Nitin’s strong financial performance on the domestic market as well as with export activities to emerging markets. This is the outcome of Nitin being well positioned at the high-quality end of this market segment, allowing it to saturate its production capacity with available demand. The excellent leadership of Dr. Chetan Sobti, as CEO and Nitin Sobti, as COO, are also key factors in the company’s success.”
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global BFS (Blow-Fill-Seal) Products Market Report 2019
1 BFS (Blow-Fill-Seal) Products Definition
2 Global BFS (Blow-Fill-Seal) Products Market Major Player Share and Market Overview
3 Major Player BFS (Blow-Fill-Seal) Products Business Introduction
4 Global BFS (Blow-Fill-Seal) Products Market Segmentation (Region Level)
5 Global BFS (Blow-Fill-Seal) Products Market Segmentation (Product Type Level)
6 Global BFS (Blow-Fill-Seal) Products Market Segmentation (Industry Level)
7 Global BFS (Blow-Fill-Seal) Products Market Segmentation (Channel Level)
8 BFS (Blow-Fill-Seal) Products Market Forecast 2019-2024
9 BFS (Blow-Fill-Seal) Products Segmentation Type
10 BFS (Blow-Fill-Seal) Products Segmentation Industry
11 BFS (Blow-Fill-Seal) Products Cost Analysis
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