Pharmaceutical Excipients Market Procurement Intelligence, Best Practices, Engagement Model, Analysis Report, 2024-2030

Published: 2024-07-08
Views: 78
Author: Pujammr
Published in: Health & Fitness

Pharmaceutical Excipients Market Growth or Demand Increase or Decrease for what contains ?

The pharmaceutical excipients market is experiencing significant growth, driven by factors such as the increasing demand for pharmaceutical products, technological advancements in drug delivery systems, and the rising prevalence of chronic diseases globally. The market size was valued at USD 10 billion in 2023 and is expected to reach USD 15.85 billion by 2030.

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.

Pharmaceutical Excipients Market CAGR Estimation:

The pharmaceutical excipients market is expected to grow at a CAGR of 6.8% from 2024 to 2030.

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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

• By Formulation:

  • Oral Formulations
    • Tablets
    • Capsules
    • Liquid Formulations

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.

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Pharmaceutical Excipients Market Overview:

The Maximise Market Research study provides clients with a comprehensive understanding of the competitive landscape and acts as a useful resource for strategic planning. The comprehensive Pharmaceutical Excipients Market overview includes detailed information on market size, trade statistics, key players, and a number of industry indicators such as the life cycle and current trends.

Pharmaceutical Excipients Market Growth or Demand in which regions??

• North America:
  • Dominated the market in 2023 and expected to hold the largest market share over the forecast period.
  • High demand for specialty excipients driven by personalized medicine and targeted drug delivery.
  • Emphasis on quality and safety due to regulatory scrutiny, with the FDA setting stringent standards.
• Europe:
  • Significant growth driven by advancements in drug delivery technologies and increasing adoption of biopharmaceuticals.
• Asia Pacific:
  • Rapid market growth due to increasing healthcare expenditure, growing pharmaceutical industry, and rising prevalence of chronic diseases.

Pharmaceutical Excipients Market Scope & Methodology:

The competitive landscape of the Pharmaceutical Excipients market includes technological adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A thorough examination of the Pharmaceutical Excipients Market's drivers, limits, opportunities, and challenges. The estimations and growth rates for the Pharmaceutical Excipients market were calculated using a bottom-up approach.

To gain insight into Pharmaceutical Excipients Market penetration, price dynamics, demand analysis, and competitive landscape, the report conducted regional analysis at the local, regional, and global levels. Essential information on the Pharmaceutical Excipients Market, including stakeholders, investors, and new entrants, is supplied to assist in the development of marketing strategies and investment plans.

The Pharmaceutical Excipients Market was studied utilising both primary and secondary data collection methods. Primary methods comprised surveys, questionnaires, and interviews with industry executives and business owners, whilst secondary data sources included news releases, annual and financial reports, white papers, and so on. The SWOT analysis was utilised to identify market vulnerabilities and weaknesses, while the PORTER framework was employed to evaluate industry competitiveness in the Pharmaceutical Excipients market.

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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)

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Key questions answered in the Pharmaceutical Excipients Market are:

• What is Pharmaceutical Excipients Market?
• 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 are the factors restraining the growth of the Pharmaceutical Excipients Market?
• What is the demand pattern of the Pharmaceutical Excipients Market?
• What major challenges could the Pharmaceutical Excipients Market face in the future? 

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Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment |
• 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 

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