The Global Pharmaceutical Excipients Market Report by The Business Research Company covers pharmaceutical excipients market drivers and restraints, pharmaceutical excipients market size, major players, and the impact of COVID-19 on the pharmaceutical excipients market.
The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services. The excipient is a substance, not an active pharmaceutical ingredient (API) that has been evaluated for safety, and intentionally added in a drug delivery system. Excipient’s major roles are to protect, support, enhance stability, bioavailability, patient acceptability, and assist in the effectiveness. The market consists of revenue generated by the company’s manufacturing the pharmaceutical excipients by the sales of these excipients.
The global surge in the sale of generic drugs contributed to the growth of the pharmaceutical excipients market. Generic drugs are alternatives to the marketed brand name drug in the same dosage form, safety, strength, and route of administration and quality.
The global pharmaceutical excipients market is expected to grow from $6.21 billion in 2020 to $6.58 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical excipients market is expected to reach $8.68 billion in 2025 at a CAGR of 7%.
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Some pharmaceutical excipients market trends include the increase in research and development in the pharmaceutical formulation to enhance the production process and product quality by using multi-functional excipients. Excipients play a significant role in helping pharmaceutical manufacturers better support patients by increasing compliance and treatment effectiveness.
Global pharmaceutical excipients market segments include:
1) By Functionality: Fillers And Diluents, Suspending And Viscosity Agents, Coating Agents, Binders, Flavouring Agents And Sweeteners, Disintegrants, Colorants, Lubricants And Glidants, Others.
2) By Type Of Formulation: Oral Formulation, Topical Formulation, Parental Formulation.
3) By Product: Inorganic Chemicals, Organic Chemicals.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Pharmaceutical Excipients Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides pharmaceutical excipients market overviews, analyzes and forecasts market size, share, pharmaceutical excipients market players, pharmaceutical excipients market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The pharmaceutical excipients market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Pharmaceutical Excipients Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, Roquette Frères, FMC Corporation, Kerry Group Plc, Wacker Chemie, Avantor Performance Materials, Colorcon, Merck & Co, DFE Pharma, Innophous Holdings, Signet, Eastman Chemical Corporation, P&G Chemicals, Huntsman Corporation, Valeant, JRS Pharma, Shin-Etsu Chemical Co., Finar Limited, Pfanstiehl, BENEO, Chemische Fabrik Budenheim, Air Liquide, Peter Greven GmbH & Co. KG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The pharmaceutical excipients Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The pharmaceutical excipients Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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