South African Pharmaceutical Market 2022: Pandemic Continues to Cause Business Interruptions and Supply Chain Challenges

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Apr 19, 2022, 06:00 ET

DUBLIN, April 19, 2022 /PRNewswire/ -- The "Pharmaceutical Industry in South Africa 2022" report has been added to ResearchAndMarkets.com's offering.

The importance of the pharmaceutical industry has been amplified by the global health crisis. South Africa has the world's largest antiretroviral programme and is one of the major producers of radiopharmaceuticals. With the ongoing development of local manufacturing capacity and capabilities, local pharmaceutical companies are set to play a pivotal role in the production and supply of COVID-19 vaccines and other medicines for the domestic market and the rest of Africa.

Although South Africa is the largest manufacturer and supplier of pharmaceuticals in sub-Saharan Africa, it is highly reliant on imported products, which account for more than two-thirds of pharmaceutical sales.

Disruption

The pandemic continues to cause business interruptions and supply chain challenges. Commercial flight disruptions have caused procurement delays and stock shortages. Other key challenges include frequent power outages and downward pressure on the rand, which has driven up the price of imported ingredients and finished products. The single exit price increase was well below inflation and the prior year increase.

Medical Cannabis

Formal and informal sales revenue of all cannabis products was estimated at around R14bn in 2021 and the Department of Trade Industry and Competition said sales could double by 2024. Government's cannabis masterplan aims to expand the cannabis industry, attract foreign investment and create tens of thousands of jobs. Many companies hope to be part of this growth, and there are around 30 licensed commercial cannabis producers in South Africa.

Report Coverage

This report focuses on the pharmaceutical industry in South Africa including manufacture, retail and wholesale trade in pharmaceuticals and alternative health products, such as medicinal cannabis. The report includes information on the state and size of the industry, notable players in each subsector, developments, corporate actions, regulations and other influencing factors.

There are profiles of 129 companies including international companies Cipla, Novartis, Johnson & Johnson and Pfizer, local companies including Aspen and Adcock Ingram, retailers Clicks and Dis-Chem, and cannabis companies such as Goodleaf.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.4. Key Success Factors and Pain Points

3. LOCAL
3.1. Key Trends
3.2. Notable Players
3.3. Trade
3.4. Corporate Actions
3.5. Regulations
3.6. Enterprise Development and Social Economic Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. COVID -19
6.2. Economic Environment
6.3. Labour
6.4. Environmental Issues
6.5. Technology, Research and Development (R&D) and Innovation
6.6. Government Support
6.7. Drug Abuse and Other Health Concerns

7. COMPETITIVE ENVIRONMENT

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

Companies Mentioned

Abbott Laboratories South Africa
Acino Healthcare Group
Adcock Ingram Holdings
African Medicines
Afrigen Biologics
Afriplex
AIM Africa
Alpha Pharm
Amka Products
Amway South Africa
Arrie Nel Pharmacy Group
Ascendis Health
Aspen Pharmacare Holdings
Astellas Pharma
AstraZeneca Pharmaceuticals
Aurobindo Pharma
Austell Pharmaceuticals
B Braun Medical
Barrs Pharmaceuticals Industries
Baxter Healthcare South Africa
Bayer
Becton Dickinson
Bio Earth Manufacturing
Biologicals and Vaccines Institute of Southern Africa
Bitek Industries
California Pharmaceuticals
Caprichem
Chemical Convertors
Chemtron Holdings
Cilo Cybin Pharmaceutical
Cipla Medpro South Africa
Columbia Pharmaceuticals
CoMED Health
Deon Schoeman CC
Dis-Chem Pharmacies
Dr Reddy's Laboratories
DSV Healthcare
Dynachem
Ecolab
Eli Lilly (S A)
Evohealth
Felbridge
Ferring
Forever Living Products South Africa
Fresenius Kabi Manufacturing SA
Fresenius Kabi South Africa
G M Pharmaceuticals
GlaxoSmithKline South Africa
Glenmark Pharmaceuticals South Africa
Goodleaf Company
Gulf Drug Company
H H Durrheim
Herba Zone
Herbalife International South Africa
Hersol Manufacturing Laboratories
Hymed
IMBC Investment
iMvula Healthcare Logistics
Infection Protection Products
Ingelheim Pharmaceuticals
Iszipharm Pharmaceutical Distributors
Joe Soap CC
Johnson and Johnson
Kellogg Company of South Africa
Kevali Chemical Group
Lakato
Leaf Botanicals
MedCan
Medichem
Mega Magic CC
Merck
MSD
National Bioproducts Institute
Nativa
NeoLife International
Nestle
Netcare Pharmacies
New Clicks South Africa
Nkunzi Pharmaceuticals
Novartis South Africa
Nutritional Holdings
Omnia Holdings
Organon South Africa
P and G South African Trading
Parceval
Pfizer Laboratories
Pharma Dynamics
Pharmaceutical Enterprises
Pharmacy Direct
Pharmacyweb Holdings
PharmaForce
Pharmed Pharmaceuticals
Pick n Pay Stores
Platchem
Prime Cleaning Suppliers
Ranbaxy
Reckitt Benckiser Pharmaceuticals
Releaf Pharmaceuticals
Richbay Chemicals
Roche Products
S A F I C
S A Natural Products
S Buys
Safarmex
Safety Chemicals
Sandoz South Africa
Sanofi Industries South Africa
Shoprite Holdings
Solgar South Africa
Sonke Pharmaceuticals
South African Nuclear Energy Corporation
SPAR Group
Specialised Maintenance Products
Specpharm Holdings
Spectank
Tevo
Tiger Brands
Topmed Health Care Distributors
Touchless Germ Control Western Cape
Transpharm
Unilever South Africa
Vital Health Foods
Waco Africa
Wellness Warehouse
Woolworths Holdings
Xixia Pharmaceuticals

For more information about this report visit https://www.researchandmarkets.com/r/jmip7r

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