For a number of manufacturers, maintain
an aseptic method of processing is paramount, particularly
pharmaceuticals and food and beverages. Blow fill seal (BFS) technology
provides for a contamination-free environment and is adequate for
producing as small as 0.1 ml and as large as more than 500 ml liquid
filled containers in a rapid manner. The technology of blow-fill seal
curtails, if not crosses out, individual intervention, which makes a
strong method for the preparation of sterile products. According to a
recent business intelligence study by Transparency Market Research
(TMR), the Latin America BFS technology market will
be worth US$337.8 million by the end of 2024, with the demand projected
to increment at a notable CAGR of 6.4% during the forecast period of
2016 to 2024.
Major Players Investing to Increasing Production
Sticking to the geographical territory of
Latin America, the analyst of the TMR report has detected a highly
competitive vendor landscape, which is marked by investments by the
major players to improve their production processes and hence cater to
greater demands. The report has identified Brevetti Angela S.R.L,
Unither Pharmaceuticals, Unipharma, LLC, and Takeda Pharmaceuticals
International AG as some of the key companies currently ahead of the
curve in the Latin America blow fill seal technology market. The
dominant companies are focused on enhancing their production methods to
reduce the compilation of non-viable particulate matters.
Material-wise, the TMR report segments
the market for blow fill seal technology into polypropylene (PP), high
density polyethylene (HDPE), low density polyethylene (LDPE),
polyethylene (PE), and others such as ethylene vinyl alcohol (EVOH).
Product-wise, the market for BFS in the region of Latin America has been
bifurcated into 10-50 ml, 1-10 ml, vials, 10-100 ml, ampoules, above
500 m, 100-500 ml, 2-100 ml, bottles, and others.
Request to View Brochure of Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23819
End users studied under this report as
cosmetic and personal care product manufacturers, food and beverage
industry players, pharmaceutical producers, and others. Country-wise,
Brazil has been foreseen to remain the key for the players, promising to
provide considerably greater demand than other lucrative countries
including Mexico, Argentina, Colombia, and Venezuela.
The prosperity of the healthcare
industry, and its strong positive reflection on the pharmaceutical
industry, is the primary driver of the blog fill seal technology market.
Latin America as a region is growing profitably for the healthcare
players with increased per capita income of citizens of various emerging
economies and uptake for high quality drugs is on the rise. The analyst
of the TMR report has noted that nearly 99% of the total demand in the
Latin America BFS technology market came from the pharmaceutical
industry.
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