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) - Industry Trends and Forecast to 2030.
Excipients Market Analysis and Size
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.
Data Bridge Market Research analyses that the global excipients market which was USD 7,757.00 million in 2022, is expected to reach USD 12,633.93 million by 2030, and is expected to undergo a CAGR of 6.00% during the forecast period 2023-2030. “Pharmaceutical and Biopharmaceutical Companies” dominates the end user segment of the excipients market owing to high volume production of pharmaceuticals. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Excipients Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Dow (U.S.), Roquette Frères (France), JRS PHARMA (Germany), Evonik Industries AG (Germany), The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway Inc.) (U.S.), BASF SE (Germany), Ashland (U.S.), Kerry Group PLC (Ireland), Shin-Etsu Chemical Co., Ltd. (Japan), Colorcon (U.S.), Chemische Fabrik Budenheim (Germany), Peter Greven GmbH & Co. KG (Germany), ADM (U.S.), Croda International Plc (U.K.), BENEO (Germany), Avantor, Inc. (U.S.), Omya AG (Switzerland), DFE Pharma (Netherlands), Pfanstiehl, Inc. (U.S.) and MEGGLE Group Wasserburg (Germany)
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Market Opportunities
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Market Definition
Excipients are inactive substances added to pharmaceutical formulations to enhance the stability, solubility, and delivery of active drug ingredients. They serve various functions, such as binding, dilution, flavoring, and preserving, ensuring the safety, efficacy, and overall quality of medications. Excipients are carefully selected and regulated to meet strict quality and safety standards in pharmaceutical manufacturing. They play a crucial role in drug formulation and administration, facilitating the production of effective and safe pharmaceutical products.
Global Excipients Market Dynamics
Drivers
- Rising Generic Drug Production
As the production of generic drugs continues to grow worldwide, there is a constant need for cost-effective excipients to replicate brand-name drug formulations, boosting the excipients market.
- Customized Formulations
Pharmaceutical companies are seeking excipient suppliers who can provide customized solutions to meet their specific formulation requirements, driving innovation in the excipients market.
Opportunity
- Rising Pharmaceutical Industry
The pharmaceutical industry continues to grow globally, driven by an aging population, increased healthcare spending, and the need for novel drug formulations. This growth leads to an increased demand for excipients to develop new drug products and formulations.
Restraints/Challenges
- Stringent Regulatory Compliance
While regulatory standards are a driver, they can also be a significant challenge. Meeting strict regulatory requirements, including compliance with pharmacopoeial standards, documentation, and quality control, can be costly and time-consuming for excipient manufacturers.
- Safety and Quality Assurance
Ensuring the safety and quality of excipients is paramount. Any contamination, impurities, or variations in excipient quality can lead to adverse effects on patient health and product recalls, posing a risk to both manufacturers and patients.
This global excipients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global excipients market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Excipients Market Scope
The global excipients market is segmented on the basis of origin, category, products, chemistry type, chemical synthesis, functionality, dosage form, route of administration, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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
Global Excipients Market Regional Analysis/Insights
The global excipients market is analysed and market size insights and trends are provided by origin, category, products, chemistry type, chemical synthesis, functionality, dosage form, route of administration, end user and distribution channel as referenced above.
The countries covered in the global excipients market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America is dominating the global excipients market due to technological advancements in multifunctional excipients and increasing need for pharmaceutical products across varied therapeutic areas.
Asia-Pacific is expected to grow at a highest CAGR due to increasing demand & availability of generic drugs and innovation in biopharmaceuticals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The global excipients market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Excipients Market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global excipients market. The data is available for historic period 2015-2020.
Competitive Landscape and Global Excipients Market Share Analysis
The global excipients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global excipients market.
Some of the major players operating in the global excipients market are:
- Dow (U.S.)
- Roquette Frères (France)
- JRS PHARMA (Germany)
- Evonik Industries AG (Germany)
- The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway Inc.) (U.S.)
- BASF SE (Germany)
- Ashland (U.S.)
- Kerry Group PLC (Ireland)
- Shin-Etsu Chemical Co., Ltd. (Japan)
- Colorcon (U.S.)
- Chemische Fabrik Budenheim (Germany)
- Peter Greven GmbH & Co. KG (Germany)
- ADM (U.S.)
- Croda International Plc (U.K.)
- BENEO (Germany)
- Avantor, Inc. (U.S.)
- Omya AG (Switzerland)
- DFE Pharma (Netherlands)
- Pfanstiehl, Inc. (U.S.)
- MEGGLE Group Wasserburg (Germany)
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