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Biopharmaceutical Excipient Manufacturing Market Revenue Report with Forecast to 2034
According to the latest research by InsightAce Analytic, the global Biopharmaceutical Excipient Manufacturing Market Size is valued at 2.73 Billion in 2024 and is predicted to reach 4.38 Billion by the year 2034 at a 5.0% CAGR during the forecast period for 2025-2034.
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Excipients are inactive carrier substances utilized in the formulation of biopharmaceuticals to facilitate the binding of active ingredients, enhance the stability of drugs within dosage forms, and modify the solubility of active pharmaceutical ingredients (APIs). Common excipients are derived from minerals, sugars, corn, wheat, and similar sources, offering consistent and inert properties. Their use can improve manufacturing efficiency, reduce operational costs, and enhance the overall quality of the final product.
The expanding uses of excipients increased market player efforts to create excipients for novel, high-quality drugs, increasing emphasis on developing novel drugs, rising rates of chronic diseases, expanding use of lipid and sucrose-based excipients, and technological advancements in pharmaceutical manufacturing. Advancing R&D activities in the pharmaceutical industry are the primary factors driving the biopharmaceutical excipient manufacturing market. The burden of producing drugs for biopharmaceutical companies to treat the affected individuals has increased due to the rising COVID instances. As a result, companies are placing a greater emphasis on quick drug development.
Excipients work well and efficiently to improve the production of biopharmaceuticals. There is a growing need for biopharmaceutical excipients to produce novel and stabilized medications, which will lead to considerable development prospects throughout the projection period. However, throughout the projected period, market expansion may be hampered by the difficulties involved in medication manufacturing and the large capital expenditure needed.
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North America is anticipated to be the major contributor to the Biopharmaceutical Excipient Manufacturing market ascribed to various elements, including important players, an increase in drug research, and a sizable population base. Collaborations between businesses in this area are being used to produce biopharmaceutical excipients. In addition, the Asia Pacific regional market is expected to register significant growth since the prevalence of chronic diseases is rising, healthcare spending is increasing, and drug demand is rising. China and India are the two developing nations in this sector.
Major market players operating in the Biopharmaceutical Excipient Manufacturing market include
ABITEC (US), Avantor (US), BASF Pharma (Germany), Corden Pharma (Germany), DFE Pharma (Germany), Evonik (Germany), Kirsch Pharma (Germany), Merck KGaA (Germany), Pfanstiehl (US), Roquette (France), Spectrum Chemical Manufacturing (US), SPI Pharma (US), and Others.
Recent collaborations and agreements in the market:
• In April 2020, DFE Pharma recently introduced a new line of biopharmaceutical excipients to stabilize biologics. The highest purity excipients that can be utilized in the formulation are included in BioHale, a new spectrum of excipients. It is currently being developed and will be sold online. It contains BioHale Sucrose and BioHale Trehalose.
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Market Segments
Global Biopharmaceutical Excipient Manufacturing Market, by Type of Biologics, 2025-2031 (Value US$ Mn)
• Antibodies
• Vaccines
• Cell Therapies
• Other Biologics
Global Biopharmaceutical Excipient Manufacturing Market, by Type of Excipient, 2025-2031 (Value US$ Mn)
• Carbohydrates
• Polymers
• Solubilizers/Surfactants
• Polyols
• Proteins/Amino Acids
• Others
Global Biopharmaceutical Excipient Manufacturing Market, by Scale of Operation, 2025-2031 (Value US$ Mn)
• Preclinical
• Clinical
• Commercial
Global Biopharmaceutical Excipient Manufacturing Market, by Region, 2025-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Biopharmaceutical Excipient Manufacturing Market, by Country, 2025-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Biopharmaceutical Excipient Manufacturing Market, by Country, 2025-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Biopharmaceutical Excipient Manufacturing Market, by Country, 2025-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Biopharmaceutical Excipient Manufacturing Market, by Country, 2025-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Biopharmaceutical Excipient Manufacturing Market, by Country, 2025-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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