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US Pharmaceutical Excipient Market Booming Worldwide with Latest Trend and Future Scope by 2029

09-18-2023 04:10 PM CET | Health & Medicine

Press release from: Orion Market Research

US Pharmaceutical Excipient Market Booming Worldwide with

The US pharmaceutical excipient market is estimated to grow at a CAGR of 7.9% during the forecast period. The presence of a well-established pharmaceutical industry in the country considerably contributes to the growth of the market. A rise in the generic drugs industry has been observed significantly. The generic drug manufacturers are dedicated to increasing the Abbreviated New Drug Application (ANDA) filings. They are adopting the business model that relies on highly outsourcing and supports for optimizing efficiencies. Moreover, the recent COVID-19 outbreak in the country and across the globe has increased the demand for drugs for the prevention and treatment of the virus. This, in turn, has significantly increased the demand for pharmaceutical excipient and hence drives the market growth.

The US pharmaceutical excipient market is segmented on the basis of product and formulations. Based on the product, the market is segmented into solubilizers & surfactants/emulsifiers, polyols, carbohydrates, and specialty excipients. Solubilizers & Surfactants/Emulsifiers covered in the report include triglycerides, esters, and others. in addition, polyols include mannitol, sorbitol, and others. Carbohydrates including sucrose, dextrose, starch, and others are estimated to hold a prominent share in the market. Based on formulations, the market is segmented into oral formulations, topical formulations, parenteral formulations, and other formulations. Oral formulations held a remarkable share in the market.

For instance, In December 2019, Colorcon Inc. announced the new development of On-Dose Authentication capability for tracking and tracing functionality for supply chain security. The Opadry fully formulated film coating system decreases the risk of counterfeit drugs in the supply chain. In the same month, the company completed the expansion and renovation of the North American production facility in Pennsylvania. Due to expansion, the supply chain robustness of solid oral dosage products increases in North America and Latin America.

To Request a Free Sample of our US Pharmaceutical Excipient Market:  https://www.omrglobal.com/request-sample/us-pharmaceutical-excipient-market

 US Pharmaceutical Excipient Market- Segmentation

By Products

Solubilizers & Surfactants/Emulsifiers
Polyols
Carbohydrates
Specialty Excipients

 By Formulations

Oral Formulations
Topical Formulations
Parenteral Formulations
Other Formulations

A full Report of US Pharmaceutical Excipient Market is Available at:  https://www.omrglobal.com/industry-reports/us-pharmaceutical-excipient-market

 Company Profiles

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

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https://ekz-crosstour.ch/news/die-hygieneproduktindustrie-duerfte-bis-2029-ein-enormes-wachstum-verzeichnen/112244/
https://perualdia.net/el-mercado-de-maquinas-de-blister-de-alta-velocidad-experimentara-un-crecimiento-masivo-para-2029/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404 

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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