Pharmaceutical Excipients Market size was valued at USD 10 Billion in 2023 and the Pharmaceutical Excipients Market revenue is expected to reach USD 15.85 Billion by 2030, at a CAGR of 6.8 % over the forecast period.
Pharmaceutical Excipients Market Overviews
Maximize Market Research is an Pharmaceutical Excipients Market research firm that has published a detailed analysis of the “Pharmaceutical Excipients Market”. MMR in-depth market assessments in research reports consider significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Pharmaceutical Excipients market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.
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Pharmaceutical Excipients Market Dynamics
Technological improvements in medication delivery technologies would support the Pharmaceutical Excipients Market growth.
Technological improvements in drug delivery technologies and formulation techniques have had a substantial impact on the pharmaceutical excipient business. Nanotechnology, controlled release systems, and targeted medication delivery are all examples of innovations that have opened up new potential for excipient manufacturers. These technologies frequently necessitate the use of specialised excipients to achieve the required drug release patterns, increase bioavailability, and improve patient compliance. As a result, there is a growing demand for sophisticated excipients that can satisfy the needs of new drug delivery systems. The pharmaceutical industry's growth is driving the excipients market. With increasing global healthcare expenditure, growing populations, and rising occurrences of chronic diseases, the demand for pharmaceutical products continues to increase.
Pharmaceutical Excipients Market Scope and Methodology:
The analysis presented in the report delves deep into the Pharmaceutical Excipients Market, offering a thorough examination of its various facets. It begins with an overview of the market, followed by an exploration of its dynamics, segmentation based on nature and application, and regional perspectives. Past performance and current status are assessed, alongside a forecasted market size and identification of emerging trends, all conveyed in accessible language. Furthermore, the report scrutinizes key market players, both internally and externally, considering a range of factors influencing the Pharmaceutical Excipients industry. Employing a rigorous research methodology, the report incorporates PORTER and PESTEL analyses, dissecting micro-economic influences on the Pharmaceutical Excipients market. Drawing from surveys, observations, and meticulous research, these reports serve as indispensable resources for stakeholders, facilitating strategic planning and organizational success. Detailed insights into industry leaders are provided, encompassing company profiles, revenue streams, product specifications, production capacities/sales, pricing structures, and gross margins. Additionally, competitive landscape analysis furnishes precise merchant data, shedding light on potential growth impediments for leading players in the Pharmaceutical Excipients market.
Pharmaceutical Excipients Market Segmentation:
by Product
Organic Chemicals
Inorganic Chemicals
Others
by Functionality
Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Others
The market is divided into six categories based on formulation: fillers and diluents, suspending and viscosity agents, coating agents, binders, flavouring agents and sweeteners, disintegrants, and others. The binders segment led the market in 2023 and is likely to continue to dominate the Pharmaceutical Excipients Market during the forecast period. Binders are a critical component in the formation of solid dosage forms like tablets and granules. Binders, also known as adhesives or granulating agents, are chemicals that are added to pharmaceutical formulations to impart cohesive qualities, allowing powders to be granulated into compact, coherent units. This sector of excipients ensures the final dosage form's integrity, homogeneity, and mechanical strength, which is likely to drive the growth of the Pharmaceutical Excipients Market.
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Pharmaceutical Excipients Market Regional Insights
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Pharmaceutical Excipients market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Pharmaceutical Excipients market status of the various countries featured in the research is provided by the Regional Analysis.
Pharmaceutical Excipients Market Key Players:
North America:
1. Colorcon (United States)
2. Ashland Global Holdings Inc. (United States)
3. Avantor, Inc. (United States)
4. Lubrizol Corporation (United States)
5. Roquette America, Inc. (United States)
6. Dow Chemical Company (United States)
Europe:
7. Croda International Plc (United Kingdom)
8. BASF SE (Germany)
9. Evonik Industries AG (Germany)
10. Meggle Pharma (Germany)
11. JRS Pharma GmbH & Co. KG (Germany)
12. DFE Pharma (Netherlands)
13. Merck KGaA (Germany)
14. Kerry Group plc (Ireland)
Asia-Pacific:
15. Shin-Etsu Chemical Co., Ltd. (Japan)
16. Nipro Corporation (Japan)
17. Colorcon Asia-Pacific (Singapore)
18. Signet Chemical Corporation Pvt. Ltd. (India)
19. Associated British Foods (Australia)
Latin America:
20. Blanver (Brazil)
21. Cristália (Brazil)
Key questions answered in the Pharmaceutical Excipients Market are:
- What is Pharmaceutical Excipients?
- What was the Pharmaceutical Excipients market size in 2023?
- What is the growth rate of the Pharmaceutical Excipients Market?
- Which are the factors expected to drive the Pharmaceutical Excipients market growth?
- What are the different segments of the Pharmaceutical Excipients Market?
- What growth strategies are the players considering to increase their presence in Pharmaceutical Excipients?
- What are the upcoming industry applications and trends for the Pharmaceutical Excipients Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Pharmaceutical Excipients Market?
- Who are the leading companies and what are their portfolios in Pharmaceutical Excipients Market?
- What segments are covered in the Pharmaceutical Excipients Market?
- Who are the key players in the Pharmaceutical Excipients market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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The global biopharmaceutical excipients market size is projected to reach USD 3.0 billion by 2027, exhibiting a CAGR of 5.9%, according to a new report by Radiant Insights, Inc.
The demand for biopharmaceutical excipients is anticipated to increase given that several biologicals will be expiring over the next few years.
The concept of multifunctional or smart excipients has piqued the interest of market participants owing to their enhanced compressibility and drug release ability.
Download Free Sample Report @ https://www.radiantinsights.com/research/biopharmaceutical-excipients-market/request-sample Thus, market players are investing in the development of multifunctional excipient products to sustain intensifying competition in the industry.
Various commercial multifunctional/smart excipients include Ludipress (BASF SE), F-MELT (Fuji Chemical Industries Co., Ltd.), Galen IQ 721 (BENEO-Palatinit GmbH), and MCC SANAQ (Pharmatrans-Sanaq AG).
Further key findings from the report suggest: • Increasing focus of pharmaceutical players on utilizing recombinant protein and monoclonal antibodies for bio-generic drug development is expected to drive the biopharmaceutical excipients market growth in the coming years • Solubilizers and surfactants/emulsifiers accounted for a significant share in 2019 as they help maintain adequate efficacy of preservatives or antimicrobials in drug formulations • Polyols are anticipated to exhibit the fastest growth in terms of revenue from 2020 to 2027, as they are gaining significant traction across the latest drug formulations such as chewable tablets and lozenges • North America dominated the overall market in terms of revenue whereas Asia Pacific dominated the market in terms of volume in 2019 • Key industry participants include Roquette Frères, Spectrum Chemical Manufacturing Corp., Merck KGaA, Colorcon, and BASF SE • Companies are inclined toward strategic agreements to maintain their market position.
