Excipients Market Revenue, Key Opportunities, Latest Rising Trends, Industry Growth, Future Demand Report 2028
Global Excipients Market, By Origin
(Organic, Inorganic), Category (Primary Excipients, Secondary Excipients),
Products (Polymers, Sugars, Alcohols, Minerals, Gelatin, Others), Chemistry
Type (Plant, Animals, Synthetic, Minerals), Chemical Synthesis (Lactose
Monohydrate, Sucralose, Polysorbate, Benzyl Alcohol, Cetosteary Aclohol, Soy
Lecithin, Pregelatinized Starch, Others), Functionality (Binders and Adhesives,
Disintegrants, Coating Material, Disintegrants, Solubilizers, Flavors,
Sweetening Agents, Diluents, Lubricants, Buffers, Emulsifying Agents,
Preservatives, Antioxidants, Sorbents, Solvents, Emollients, Glidients,
Chelating Agents, Antifoaming Agents, Others), Dosage Form (Solid, Semi-Solid,
Liquid), Route of Administration (Oral Excipients, Topical Excipients,
Parenteral Excipients, Other Excipients), End User (Pharmaceutical and
Biopharmaceutical Companies, Contract Formulators, Research Organization and
Academics, Others), Distribution Channel (Direct Tender, Retail Sales, Others),
Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia,
Poland, Switzerland, Netherlands, Hungary, Austria, Norway, Ireland, Turkey,
Lithuania, Rest of Europe, China, Japan, India, Australia, South Korea,
Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of
Asia-Pacific, Brazil, Argentina, Peru, Ecuador, Colombia, Rest of South
America, South Africa, Saudi Arabia, UAE, Israel, Kuwait, Egypt, Rest of Middle
East and Africa) Industry Trends and Forecast to 2028.
The technological advancements in multifunctional
excipients act as a driver for the excipients market growth in the forecast
period. The long duration of the drug development process is expected to hinder
the excipients market in the forecast period. The strategic initiatives by
market players act as an opportunity for the growth of the excipients market.
The safety consideration in storage & transportation acts as a challenge
for the growth of the excipients market. The excipients market report provides
details of market share, new developments, and product pipeline analysis,
impact of domestic and localised market players, analyses opportunities in
terms of emerging revenue pockets, changes in market regulations, product
approvals, strategic decisions, product launches, geographic expansions and
technological innovations in the market. To understand the analysis and the
excipients market scenario contact Data Bridge Market Research for an Analyst
Brief, our team will help you create a revenue impact solution to achieve your
desired goal.
Excipients market is expected to
gain market growth in the forecast period of 2021 to 2028. Data Bridge Market
Research analyses that the market is growing with a CAGR of 6.0% in the
forecast period of 2021 to 2028 and is expected to reach USD 11,244.15 million
by 2028. Technological advancements in multifunctional excipients and
increasing need for pharmaceutical products across varied therapeutic areas are
the major drivers which propelled the demand of the market in the forecast
period. Pharmaceutical excipients involve everything in a drug except that of
the active pharmaceutical ingredients. These molecules don’t possess any
medicinal property and are ultimately used for enhancing the physiological
absorption of the drug. Excipients are inert in nature and it allows the drug
molecule to apply to patients in the right form.
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Excipients Market
Scope and Market Size:
The excipients market is categorized into ten notable
segments which are based on the origin, category, products, chemistry type,
chemical synthesis, functionality, dosage forms, route of administration, end
user and distribution channel. The growth among segments helps you analyse
niche pockets of growth and strategies to approach the market and determine
your core application areas and the difference in your target markets.
On the basis of origin, the excipients market is
segmented into organic and inorganic. In 2021, organic origin holds the highest
market share due to non-toxic characteristic of organic chemicals used as
excipients.
On the basis of category, the excipients market is
segmented into primary excipients and secondary excipients. In 2021, primary
excipients segment is dominating the market as the segment includes fillers,
adhesives, lubricants and other crucial excipients.
On the basis of products, the excipients market is
segmented into polymers, sugars, alcohols, minerals, gelatin and others.
In 2021, polymers segment is dominating the market because polymers are used as
gelatin shells in the manufacturing of capsules.
On the basis of chemistry type, the excipients market is
segmented into plant, animals, synthetic and minerals. In 2021, plant
segment is dominating the market due to less expensive, non-toxic nature,
biodegradable in nature and do not show any adverse effects of side effect on
the human beings.
On the basis of chemical synthesis, the excipients market
is segmented into lactose monohydrate, sucralose, polysorbate, benzyl alcohol,
cetosteary aclohol, soy lecithin, pregelatinized starch and others. In 2021,
lactose monohydrate segment is dominating the market due to its multiple
properties.
Key Competitors:
The major companies providing excipients are Dow,
Roquette Frères, JRS PHARMA, Evonik Industries AG, The Lubrizol Corporation (A
Subsidiary of Berkshire Hathaway Inc.), BASF SE, Ashland, Kerry Group PLC,
Shin-Etsu Chemical Co., Ltd., Colorcon, Chemische Fabrik Budenheim, Peter
Greven GmbH & Co. KG, ADM, Croda International Plc, BENEO, Avantor, Inc.,
Omya AG, DFE Pharma, Pfanstiehl, Inc., and MEGGLE Group Wasserburg among
others.
Many product launches and agreements are also initiated
by the companies’ worldwide which are also accelerating the excipients market.
Key Pointers Covered in
the Excipients
Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market by Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE
REPORT:
Chapter One: Excipients Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Excipients Market Competition, by
Players
Chapter Four: Excipients Market Size by Regions
Chapter Five: Excipients Market Revenue by Countries
Chapter Six: Excipients Market Revenue by Type
Chapter Seven: Excipients Market Revenue by Application
Chapter Eight: Excipients Market Revenue by Industries
Chapter Nine: Excipients Market Revenue by Deployment
Model
Chapter Ten: Excipients Market Revenue by End User
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