Global Pharmaceutical Excipients Market Trends

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Global Pharmaceutical Excipients Market Size, Share, and Trends Analysis Report Trends

  • Pharmaceutical
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Growing Demand for Natural and Bio-Based Excipients”

The pharmaceutical excipients market is witnessing substantial growth, driven by the increasing demand for advanced drug formulations and the rising focus on drug delivery systems. One significant trend in the pharmaceutical excipients market is the growing demand for natural and bio-based excipients, driven by increasing consumer awareness of safety and environmental sustainability. As pharmaceutical companies seek to develop formulations that align with health-conscious consumer preferences, the shift towards natural ingredients is becoming more pronounced. For instance, excipients derived from plant sources, such as starch and cellulose, are gaining popularity due to their compatibility with various drug formulations and their perceived safety advantages over synthetic alternatives. Companies such as Roquette are leading the charge by offering a range of natural excipients that meet both regulatory requirements and consumer expectations. Such trend is further supported by regulatory bodies advocating for the use of safer, more environmentally friendly materials in pharmaceutical products. As a result, the adoption of natural and bio-based excipients is expected to accelerate, helping manufacturers enhance the safety profiles of their drug formulations while also appealing to a more environmentally conscious market.

Frequently Asked Questions

The market is segmented based on Segmentation By Functionality (Binders And Adhesives, Disintegrants, Coating Material, Coloring Agents, Solubilizers, Flavors, Sweetening Agents, Diluents, Lubricants, Buffers, Emulsifying Agents, Preservatives, Antioxidants, Sorbents, Solvents, Emollients, Glidents, Chelating Agents, Antifoaming Agents, and Others), Dosage Form (Solid, Semi-Solid, and Liquid), Route of Administration (Oral Excipients, Topical Excipients, Parenteral Excipients, and Other Excipients), End User (Pharmaceutical and Biopharmaceutical Companies, Contract Formulators, Research Organization and Academics, and Others), Distribution Channel (Direct Tender, Retail Sales, and Others) – Industry Trends and Forecast to 2031 .
The Global Pharmaceutical Excipients Market size was valued at USD 8.31 USD Billion in 2023.
The Global Pharmaceutical Excipients Market is projected to grow at a CAGR of 6.6% during the forecast period of 2024 to 2031.
The major players operating in the market include Kerry Group plc, DFE Pharma, Cargill ,orporated, Pfanstiehl, Colorcon, MEGGLE GmbH & Co. KG, Roquette Frères, The Lubrizol Corporation, BASF SE, Avantor , BENEO Chemie Trade-.
The market report covers data from the 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.