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The Pharmaceutical Excipients Market Is Expected To See Surge In Demand And Revenue By 2032
Pharmaceutical Excipients Market
As per the pharmaceutical excipients market report by The Business Research Company, the global surge in the sale of generic drugs contributed to the growth of the pharmaceutical excipients market. Generic drugs are alternatives to the marketed brand-name drug in the same dosage form, safety, strength, route of administration, and quality.
The global pharmaceutical excipients market grew from $8.6 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmaceutical excipients market is expected to grow from $11.55 billion in 2027 at a CAGR of 6.1%.
Read More On The Pharmaceutical Excipients Market Report Here:
https://www.thebusinessresearchcompany.com/report/pharmaceutical-excipient-global-market-report
Major competitors in the pharmaceutical excipients market include Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International PLC., Ashland, BASF SE, The Lubrizol Corporation, and Roquette Frères.
The pharmaceutical excipients market is segmented -
•By Functionality: Fillers And Diluents, Suspending And Viscosity Agents, Coating Agents, Binders, Flavouring Agents And Sweetners, Disintegrants, Colorants, Lubricants And Glidants, Other Functionalities
•By Type Of Formulation: Oral Fromulation, Topical Formulation, Parental Formulation
•By Product: Inorganic Chemicals, Organic Chemicals
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America is the largest region in the pharmaceutical excipients market.
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Pharmaceutical excipients refer to components of a drug delivery system that are not active pharmaceutical ingredients (API) but have undergone acceptable safety evaluation. Excipients, which are not active themselves, allow the drug ingredient to be administered to the patient in the proper form and support the mode and site of action.
The Table Of Content For The Pharmaceutical Excipients Market Include:
1. Executive Summary
2. Pharmaceutical Excipients Market Characteristics
3. Pharmaceutical Excipients Market Trends And Strategies
4. Pharmaceutical Excipients Market - Macro Economic Scenario
5. Pharmaceutical Excipients Market Size And Growth
6. Pharmaceutical Excipients Market Segmentation
……
26. Africa Pharmaceutical Excipients Market
27. Pharmaceutical Excipients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical Excipients Market
29. Pharmaceutical Excipients Market Future Outlook and Potential Analysis
30. Appendix
The "Global Pharmaceutical Excipients Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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