Global Pharmaceutical Excipients Market 2015–2020 : Growth Trends, Opportunities and Challenges

According to the report "Pharmaceutical Excipients Market", published by Market Data Forecast, the global market is projected to reach USD 7.64 Billion by 2020, at a CAGR of 6.1% from 2015 to 2020.

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The Global Pharmaceutical Excipients Market was worth $5.68 billion in 2015 and estimated to be growing at a CAGR of 6.1%, to reach $7.64 billion by 2020. An excipient is a natural or synthetic constituent formulated alongside the active ingredient of a medication, included for the purpose of inducing and catalysing a wide range of physical and chemical properties.

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Increasing incidences of chronic diseases owing to sedentary life style, hefty investments by the pharmaceutical companies in development of medicines, implementing new novelties like nanotechnology are the major driving forces of the market. However, decreasing the side-effects of drugs and developing environmental friendly manufacturing processes are the major challenges faced by the pharmaceutical industry. As discussed earlier, ever- increasing demand in the emerging markets like Asia-Pacific and Latin America is proving to be a lucrative opportunity for the market players if they can plan suitable expansion strategies and introduce new and innovative products. Nevertheless, one should keep in mind that the growth of the market is hindered to a certain level by the fact that investments in R&D by major companies are not up to the essential level and increasing regulatory requirements which are making it progressively difficult to get new manufacturing facilities approved.

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Product Segmentation:

By Product
-Organic Chemicals (Oleochemicals, Carbohydrates, Petrochemicals, Proteins etc.)
-Inorganic Chemicals (Calcium Phosphates, Calcium Carbonates Calcium Sulphates, Metal Oxides, Halites etc.)

By Functionality
-Fillers & Diluents
-Binders
-Suspension & Viscosity Agents
-Coatings
-Disintegrants
-Flavouring Agents
-Lubricants & Glidants
-Colorants
-Preservatives

By Formulation Type
-Oral Formulations (Tablets, Capsules and Liquid Formulations)
-Topical Formulations
-Parenteral Formulations
-Advanced Delivery Systems
.
By Geography
-North America
-Europe
-Asia-Pacific
-Latin America
-Middle-East and Africa

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Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation are some of the key players which have been discussed in the report.

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Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

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