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Pharmaceutical Excipients Market 2020 Report Huge Demand by 2030 : COVID-19 Growth And Change | TBRC Reports
Pharmaceutical Excipients Market
The global pharmaceutical excipients market is expected to decline from $6.41 billion in 2019 to $6.12 billion in 2020 at a compound annual growth rate (CAGR) of -4.62%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $7.67 billion in 2023 at a CAGR of 7.84%.
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The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services. The excipient is a substance, not an active pharmaceutical ingredient (API) that has been evaluated for safety, and intentionally added in a drug delivery system.
Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market. According to the Pharmaceutical Journal, there are certain complications in children with the use of pharmaceutical drugs with excipients.
Pharmaceutical Excipients Market Segmentation:
By Functionality
1.Fillers and Diluents
2.Suspending and Viscosity Agents
3.Coating Agents
4.Binders
5.Flavouring Agents and sweeteners
6.Disintegrants
7.Colorants
8.Lubricants and Glidants and Others
By Type of Formulation
1.Oral Fromulation
2.Topical Formulation
3.Parental Formulation
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Few Points From Table Of Content
1. Executive Summary
2. Pharmaceutical Excipients Market Characteristics
3. Pharmaceutical Excipients Market Size And Growth3
4. Pharmaceutical Excipients Market Segmentation
5. Pharmaceutical Excipients Market Regional And Country Analysis
.....
25. Pharmaceutical Excipients Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Pharmaceutical Excipients Market
27. Pharmaceutical Excipients Market Trends And Strategies
28. Pharmaceutical Excipients Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the pharmaceutical excipients market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the pharmaceutical excipients market are Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, Roquette Frères
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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