Pharmaceutical Excipients Market Set to Reach USD 15.85 Billion by 2030

𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐄𝐱𝐜𝐢𝐩𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The global pharmaceutical excipients market is experiencing substantial expansion, driven by advancements in drug delivery systems, the rising prevalence of chronic diseases, and the increasing adoption of biopharmaceuticals. In 2023, the market was valued at approximately USD 10 billion and is projected to reach USD 15.85 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period.

𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐄𝐱𝐜𝐢𝐩𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Pharmaceutical excipients are inert substances formulated alongside active ingredients in medications to facilitate manufacturing processes, enhance stability, improve bioavailability, and ensure patient safety. They play a crucial role in the development of various dosage forms, including tablets, capsules, creams, and injections.

𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨𝐝𝐚𝐲: https://www.maximizemarketresearch.com/request-sample/6681/ 

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

𝑻𝒆𝒄𝒉𝒏𝒐𝒍𝒐𝒈𝒊𝒄𝒂𝒍 𝑨𝒅𝒗𝒂𝒏𝒄𝒆𝒎𝒆𝒏𝒕𝒔: Innovations such as nanotechnology and controlled-release systems have increased the demand for specialized excipients that can achieve desired drug release profiles and improve patient compliance.

𝑹𝒊𝒔𝒊𝒏𝒈 𝑷𝒓𝒆𝒗𝒂𝒍𝒆𝒏𝒄𝒆 𝒐𝒇 𝑪𝒉𝒓𝒐𝒏𝒊𝒄 𝑫𝒊𝒔𝒆𝒂𝒔𝒆𝒔: The global increase in chronic health conditions has led to a higher demand for pharmaceutical products, thereby driving the need for effective excipients in drug formulations.

𝑮𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝑩𝒊𝒐𝒑𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍𝒔: The adoption of biopharmaceuticals, including monoclonal antibodies and gene therapies, is creating new opportunities for excipient manufacturers, particularly in stabilization and delivery applications.

𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐄𝐱𝐜𝐢𝐩𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝑽𝒊𝒆𝒕𝒏𝒂𝒎:

Vietnam's pharmaceutical sector is witnessing rapid growth, with increased investments in drug manufacturing and formulation. The government's supportive policies and the rising demand for generic medicines are creating significant opportunities for excipient manufacturers to establish a strong presence in the market.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑻𝒉𝒂𝒊𝒍𝒂𝒏𝒅:

Thailand is experiencing a surge in pharmaceutical production, driven by advancements in drug formulation technologies. The country's focus on healthcare infrastructure development and increasing healthcare expenditure are contributing to the growing demand for high-quality excipients.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑮𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝑱𝒂𝒑𝒂𝒏:

Japan's well-established pharmaceutical industry is characterized by continuous innovation and a strong emphasis on quality. The aging population and the consequent rise in chronic diseases are fueling the demand for advanced drug formulations, thereby driving the growth of the excipients market.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝑺𝒐𝒖𝒕𝒉 𝑲𝒐𝒓𝒆𝒂:

South Korea's pharmaceutical sector is expanding, with significant investments in research and development. The country's focus on biotechnology and the development of novel drug delivery systems present opportunities for excipient manufacturers to collaborate on innovative solutions.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑺𝒊𝒏𝒈𝒂𝒑𝒐𝒓𝒆:

Singapore's strategic position as a pharmaceutical hub in Asia, coupled with its robust regulatory framework, makes it an attractive market for excipient manufacturers. The nation's emphasis on quality assurance and advanced manufacturing practices aligns with the growing demand for specialized excipients.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑪𝒐𝒏𝒔𝒐𝒍𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝒊𝒏 𝑼𝒏𝒊𝒕𝒆𝒅 𝑺𝒕𝒂𝒕𝒆𝒔:

The U.S. pharmaceutical excipients market is characterized by consolidation, with major players engaging in mergers and acquisitions to enhance their product portfolios. For instance, in June 2023, 𝗔𝘀𝗵𝗹𝗮𝗻𝗱 introduced Polyplasdone Plus, a co-processed multifunctional direct compression superdisintegrant, simplifying development processes and improving tablet quality.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑼𝒑𝒅𝒂𝒕𝒊𝒐𝒏 𝒊𝒏 𝑪𝒉𝒊𝒏𝒂:

Despite geopolitical tensions, major global pharmaceutical companies are pursuing deals in China to enhance their drug pipelines and establish a stronger presence in the market. In 2024, 𝐀𝐬𝐭𝐫𝐚𝐙𝐞𝐧𝐞𝐜𝐚 acquired China-based cell therapy developer 𝐆𝐫𝐚𝐜𝐞𝐥𝐥 𝐁𝐢𝐨𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 for $1.2 billion, reflecting the ongoing interest in the Chinese pharmaceutical sector.

𝑷𝒉𝒂𝒓𝒎𝒂𝒄𝒆𝒖𝒕𝒊𝒄𝒂𝒍 𝑬𝒙𝒄𝒊𝒑𝒊𝒆𝒏𝒕𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑬𝒖𝒓𝒐𝒑𝒆:

Europe remains a significant market for pharmaceutical excipients, with a strong focus on innovation and quality standards. The region's stringent regulatory environment and the presence of leading pharmaceutical companies drive the demand for high-quality excipients.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/6681/

𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐄𝐱𝐜𝐢𝐩𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝙗𝙮 𝙋𝙧𝙤𝙙𝙪𝙘𝙩

Organic Chemicals
Inorganic Chemicals
Others

𝙗𝙮 𝙁𝙪𝙣𝙘𝙩𝙞𝙤𝙣𝙖𝙡𝙞𝙩𝙮

Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Others

The market is divided into Oral Formulations, Tablets, Capsules, Liquid Formulations, and Others based on formulation. The pharmaceutical excipients market share is anticipated to be highest during the forecast period, with the oral formulation segment dominating the market in 2023. The oral formulation segment, which includes excipients used in the creation of oral dosage forms such tablets, capsules, powders, and solutions meant for oral administration, makes up a sizeable portion of the pharmaceutical excipients industry. Because of their cost-effectiveness, patient acceptability, ease of administration, and convenience, oral formulations are among the most popular and commonly used dosage forms.

𝙗𝙮 𝙁𝙤𝙧𝙢𝙪𝙡𝙖𝙩𝙞𝙤𝙣

Oral Formulations
Tablets
Capsules
Liquid Formulations
Others

Fillers & Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Flavouring Agents and Sweeteners, Disintegrants, and Others are the market segments based on formulation. The pharmaceutical excipients market share is anticipated to be highest during the forecast period, with the binders segment dominating the market in 2023. When it comes to the formulation of solid dosage forms like tablets and granules, binder is an essential component. In order to give pharmaceutical formulations cohesive qualities and enable the granulation of powders into compact, cohesive units, binder-also referred to as adhesives or granulating agents-is added. The integrity, consistency, and mechanical strength of the finished dosage form are guaranteed by this excipient category, which is anticipated to accelerate the expansion of the pharmaceutical excipients market.

𝙗𝙮 𝙀𝙣𝙙-𝙐𝙨𝙚𝙧

Pharmaceutical Companies
Biotechnology Companies
Others

𝐓𝐨 𝐝𝐞𝐥𝐯𝐞 𝐝𝐞𝐞𝐩𝐞𝐫 𝐢𝐧𝐭𝐨 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐤𝐢𝐧𝐝𝐥𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/request-sample/6681/

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)
Latin America:
20. Blanver (Brazil)
21. Cristália (Brazil)

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

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