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Tuesday, October 26, 2021

Global Pharmaceutical Excipients Market to be driven by the growing pharmaceutical industry in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Pharmaceutical Excipients Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global pharmaceutical excipients market, assessing the market based on its segments like product, functionality, formulation, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.



Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.


Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/pharmaceutical-excipients-market/requestsample


The key highlights of the report include:


Market Overview (2016-2026)


• Historical Market Size (2020): USD 7.6 billion
• Forecast CAGR (2021-2026): 4%
• Forecast Market Size (2026): USD 9.8 billion


The market for pharmaceutical excipients has seen substantial growth due to factors such as the rising pharmaceutical industry combined with advances in functional excipients, increased use of orphan drugs, and the increased use of biopharmaceuticals. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the pharmaceutical excipients market. The introduction of multifunctional excipients, the shift in pharmaceutical manufacturing to emerging markets, and the growing biosimilar sector all present significant potential opportunities for industry players in the pharmaceutical excipients market.


Industry Definition and Major Segments


A pharmaceutical excipient, also known as a bulking agent, diluent, or filler, is an organic or synthetic component created with the active ingredient of a medicine and used in the manufacturing process to protect, support, or enhance stability, as well as for bioavailability. They also aid in product identification and increase overall product safety and functionality when in storage or use.


Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/pharmaceutical-excipients-market


Based on the product, the industry is divided into:


• Organic Chemicals

o Oleochemicals
o Carbohydrates
o Petrochemicals
o Proteins
o Others


• Inorganic Chemicals


o Calcium Phosphate
o Metal Oxides
o Halites
o Calcium Carbonate
o Calcium Sulphate
o Others


Based on the functionality, the industry is divided into:


• Fillers & Diluents
• Suspending & Viscosity Agents
• Coating Agents
• Binders
• Flavouring Agents & Sweeteners
• Disintegrants
• Colourants
• Lubricants & Glidants
• Preservatives
• Emulsifying Agents
• Others


Based on the formulation, the industry is divided into:


• Oral Formulations


o Tablets
o Capsules
o Liquid Formulations


• Topical Formulations
• Parenteral Formulations
• Others


The regional markets for pharmaceutical excipients include:


• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa


Market Trends


Geographically, the market is dominated by North America, which is projected to continue in this pattern over the forecast period. As new active pharmaceutical ingredients are created and fresh technologies are implemented, the excipient sector in the United States is likely to evolve with the pharmaceutical industry. Binders have seen huge increases in both quantity and revenue in recent years. Binders have steadily gained recognition in the pharmaceutical business as a means of assisting active pharmaceutical components in achieving improved functioning and providing a competitive advantage. The wet granulation process is one of the most often utilised binder modalities; it is frequently necessary when the pharmaceutical form contains a high number of active components. The need for binders is increasing rapidly, owing to their ease of use and low cost. This growing need increases the use of binders in pharmaceutical products, which is a driving force for this industry throughout the forecast period.


Key Market Players


The major players in the market are Dupont De Nemours, Inc., Roquette Frères, Ashland Global Holdings Inc., Evonik Industries AG, BASF SE, Kerry Group PLC, Croda International, Associated British Foods PLC, Archer Daniels Midland Company, Lubrizol Corporation, Innophos Holdings Inc., WACKER Chemie AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.


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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.


About Us:


Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.


At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.


We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.


Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.


Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.


Media Contact


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Contact Person: Mathew Williams, Business Consultant
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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