Pharmaceutical Excipients Market was valued at US$ 8.79 Bn. in 2022 and is expected to reach at US$ 13.6 Bn. in 2029. Global Pharmaceutical Excipients Market size is expected to grow at a CAGR of 6.42% through the forecast period.
Pharmaceutical Excipients Market Report Overview
The Global Pharmaceutical Excipients Market 2021 report by Maximize Market Research is a comprehensive analysis of the market, including its regional insights, changing trends, industry environment, and key players. The report is based on both primary and secondary research, and the results are presented in a logical and easy-to-understand format.
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Pharmaceutical Excipients Market Scope
MMR's research provides a comprehensive overview of the Pharmaceutical Excipients market, identifying the leading global companies based on factors such as volume, value, market share, strategies, and industry growth. The research also offers strategies for existing and new market entrants, and is expected to help businesses improve their market position. The report includes market revenue by region and country, as well as segmentation by type and end users.
Pharmaceutical Excipients Market Dynamics
Increasing generics market propelled by the patent cliffs and the continuously growing biopharmaceuticals sector are trending the overall Global Pharmaceutical Excipients Market. According to industry experts, generic erosion is expected to result in significant revenue and volume losses for the branded drugs industry. This will enable the entry of cheaper generic counterparts into the market, which will boost the volume of drugs sold. The growing affordability and increasing healthcare expenditure in emerging economies will also drive the sales volume of generics in the forecast period. This is considered as a positive indicator of the growth of the pharmaceutical excipients market.
The cost and time-intensive drug development process are the factors which restrain the growth of the market during the forecast period. According to the California Biomedical Research Association (CBRA), it takes 12 years for a drug to travel from the research lab to the patient, including 1–6 years for toxicology studies alone. Moreover, late-stage failures in the drug development process also impact the time and cost associated with drug development. Although excipient and drug production has seen significant advances in recent years, the requirement for high capital investments which leads to restrain the growth of Global Pharmaceutical Excipients Market during the forecast period.
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Pharmaceutical Excipients Market Segmentation
by Product
Organic Chemicals
Oleochemicals
Fatty Alcohols
Metal Stearates
Glycerin
Other Oleochemicals
Carbohydrates
Sugars
Actual Sugars
Sugar Alcohols
Artificial Sweetenerso Cellulose
Microcrystalline cellulose
Cellulose ethers
Carboxymethyl cellulose (CMC) and croscarmellose sodium
Cellulose esters
Starches
Modified Starch
Dried Starch
Converted Starch
Petrochemicals
Glycols
Povidones
Mineral Hydrocarbons
Acrylic Polymers
Other Petrochemical Excipients
Proteins
Others
Other Organic Chemicals
Inorganic Chemicals
Calcium Phosphate
Metal Oxides
Halites
Calcium Carbonate
Calcium Sulphate
by Functionality
Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Colorants
Lubricants & Glidants
Preservatives
Emulsifying Agents
Other Functionalities
by Formulation
Oral Formulations
Tablets
Capsules
Liquid Formulations
Topical Formulations
Parenteral Formulations
Other Formulations
Pharmaceutical Excipients Market Key Players
1. Wacker Chemie
2. Signet
3. Innophos Holdings
4. J.M. Huber Corporation
5. Merck Millipore
6. Lubrizol
7. Archer Daniels Midland
8. Associated British Foods
9. Croda
10. Evonik Industries
11. Kerry
12. BASF
13. Ashland
14. Dowdupont
15. Roquette
16. Ashland Global Holdings, Inc.
17. DFE Pharma
18. Colorcon
19. DFE Pharma
20. JRS Pharma
21. Air Liquide
22. International Flavors & Fragrances, Inc.
23. Roquette Frères
24. Wacker Chemie AG
25. DMV-Fonterra Excipients
26. Meggle GmbH & Co Kg
27. Finar Limited
28. Fuji Chemical Industries Co., Ltd
29. Captisol
30. Ideal Cures Pvt. Ltd
31. Corel Pharma Chem
32. Biogrund GmbH
33. Nitika Pharmaceutical Specialties Pvt. Ltd
Regional Analysis
The report is focused on the five most important regions for the Pharmaceutical Excipients market: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions are responsible for the majority of the world's Pharmaceutical Excipients consumption.
Key Questions answered in the Pharmaceutical Excipients Market Report are:
- What is Pharmaceutical Excipients ?
- What is the forecast period of the Pharmaceutical Excipients Market?
- What is the competitive scenario of the Pharmaceutical Excipients market?
- Which region held the largest market share in the Pharmaceutical Excipients Market?
- What are the opportunities for the Pharmaceutical Excipients Market?
- What are the restraining factors in the Pharmaceutical Excipients market?
- Who are the key players of the Pharmaceutical Excipients market?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Pharmaceutical Excipients
- Landscape- Leading key players and other prominent key players.
- Price Trends
- Key Opinion Leaders Offerings
- Government Initiatives
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