North American Pharmaceutical Excipient Market 2019 Analysis May Set New Growth Story, Forecast to 2025

The North American pharmaceutical excipient market is estimated to grow at a CAGR of 7.9% during the forecast period. The increasing demand for pharmaceutical and biopharmaceutical drugs in the region significantly drives the growth of the market. Along with this, pharmaceutical patented drug approval of biosimilar is also expected to expand the market during the forecast period.

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The US FDA started approving biosimilars in March 2010. The cost of biosimilars is 20-40% less in the US, which provides an ample opportunity for the growth of the biosimilar industry and hence drives the growth of their excipients.

There is a substantial overall economic impact of the biopharmaceutical industry on the US economy. According to the International Trade Administration, the industry accounted for more than $1.3 trillion in economic output, representing 4% of total US output in 2015. The economic impact includes around $558 billion in revenue from the biopharmaceutical industry.

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An exceptional growth for biopharmaceutical innovation has been noticed in 2015. The US FDA approved 56 new medicines, that included 45 new medicines approved by the Center for Drug Evaluation and Research (CDER)—the highest number of approvals in almost two decades. The US biopharmaceutical research sector has been involved in the development of new medicines, and it continues to drive biopharmaceutical innovation for patients in the near future.

Market Coverage

Market number available for – 2018-2025
Base year- 2018
Forecast period- 2019-2025
Segment Covered- By Product and By Formulation Type
Regions Covered- North America
Competitive Landscape- Colorcon Inc., Merck KGaA, Colorcon Inc., Innophos Holdings, Inc., Lubrizol Corp., and Archer Daniels Midland Co.
Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
North American Pharmaceutical Excipient Market- Segmentation

By Products

Solubilizers & Surfactants/Emulsifiers
Polyols
Carbohydrates
Specialty Excipients
By Formulations

Oral Formulations
Topical Formulations
Parenteral Formulations
Other Formulations
North American Pharmaceutical Excipient Market– Segment by Region

· US

· Canada

Company Profiles

ABITEC Corp.
Overview
ABITEC Corp. in North America
ABITEC Corp. in Pharmaceutical Excipient Landscape
Recent Developments
Archer Daniels Midland Co
BASF SE
Colorcon, Inc.
Innophos Holdings, Inc.
Lubrizol Corp.
Merck KGaA
Sigachi Industries Pvt. Ltd.
Spectrum Chemical Manufacturing Corp.
SPI Pharma Inc.
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