Global Pharmaceutical Excipient Market
The Global Pharmaceutical Excipient Market was valued at US$ 7.9 Bn in 2021, would shoot up to US$ 11.9 Bn by 2027 at a CAGR 5.9% from 2022-2027.
An Excipient is a pharmacologically active or inactive material with no therapeutic properties that help to strengthen the tablet formation. An Excipient contributes to the drug stability, flavour, and efficacy. Excipients are the essential component of pharmaceutical items that primarily determine the structure of dosage type and its part in conveying drug. Excipients wholly enhance the method capacity, elegance, productivity, and patient compliance with the dosage form.
Market Drivers
One of the major elements that driving the growth of Global Pharmaceutical Excipient Market is increasing biopharmaceutical industry. The growth of Global Pharmaceutical Excipient Market is because of rising prevalence of chronic diseases are also rising the demand for medicines and boosting the demand for pharmaceutical excipient. Additionally, rising number of R&D activities drive Global Pharmaceutical Excipient Market. Growing demand for functionality excipient is also expected to contribute to the growth of the pharmaceutical excipients market share.
Market Restraints
Pharmaceutical excipient market experiences some challenges that might limit the pharmaceutical excipient market share from reaching its potential. Although cost and time-intensive drug development procedure may hamper the growth of The Global Pharmaceutical Excipient Market. The sales of pharmaceutical excipient are hampered to certain extent by factors like decreasing investment in R&D by excipients manufactures and rising regulatory regulatory requirements leading to lack of U.S FDA-approved productions sites. Firm government regulation and changing trade policies will restrain the growth of pharmaceutical excipient market.
Market Segmentation
The Global Pharmaceutical Excipient is segmented into Product, Functionality, Application. By Product Type such as Organic Chemicals, Inorganic Chemicals, Others. By Functionality such as Fillers and Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Flavoring Agents and Sweeteners, Colorants, Other. By Application such as Oral, Topical, Parenteral, Other.
Regional Analysis
The Global Pharmaceutical Excipient is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe accounted for largest share of the market. Asia-Pacific on the other hand is expected to exhibit the highest growth rate during the forecast period owing to the rising incidence of chronic diseases and growing investment in the pharmaceutical sector in this region.
Key Players
Various Key Players are listed in this report such as Ashland Global Holdings Inc, BASF SE, International Flavors & Fragrances, Inc., Evonik Industries AG, Roquette Frères, Associated British Foods plc, Archer Daniels Midland Company, Lubrizol Corporation, Innophos Holdings, Kerry Group plc.
Market Taxonomy
Product Type
By Functionality
By Application
By Region
Global Pharmaceutical Excipient Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Pharmaceutical Excipient Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Pharmaceutical Excipient Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Pharmaceutical Excipient Market Share Analysis, By Product
5.3 Global Pharmaceutical Excipient Market Size and Forecast, By Product
5.3.1 Radioimmunoassay (RIA)
5.3.2 Enzyme Immunoassays (EIA)
5.3.3 Rapid Test
5.3.4 Others
6 Global Pharmaceutical Excipient Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Pharmaceutical Excipient Market Share Analysis, By Product
6.3 Global Pharmaceutical Excipient Market Size and Forecast, By Product
6.3.1 Organic Chemicals
6.3.2 Inorganic Chemicals
6.3.3 Others.
7 Global Pharmaceutical Excipient Market, By Functionality
7.1 Y-o-Y Growth Comparison, By Functionality
7.2 Global Pharmaceutical Excipient Market Share Analysis, By Functionality
7.3 Global Pharmaceutical Excipient Market Size and Forecast, By Functionality
7.3.1 Fillers and Diluents
7.3.2 Suspending and Viscosity Agents
7.3.3 Coating Agents
7.3.4 Binders
7.3.5 Flavoring Agents and Sweeteners
7.3.6 Colorants
7.3.7 Other
8 Global Pharmaceutical Excipient Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Pharmaceutical Excipient Market Share Analysis, By Application
8.3 Global Pharmaceutical Excipient Market Size and Forecast, By Application
8.3.1 Oral
8.3.2 Topical
8.3.3 Parenteral
8.3.4 Other.
9 Global Pharmaceutical Excipient Market, By Region
9.1 Global Pharmaceutical Excipient Market Share Analysis, By Region
9.2 Global Pharmaceutical Excipient Market Share Analysis, By Region
9.3 Global Pharmaceutical Excipient Market Size and Forecast, By Region
10 North America Immunoassay Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Immunoassay Market Share Analysis, By Product
10.3 North America Immunoassay Market Size and Forecast, By Functionality
10.4 North America Immunoassay Market Size and Forecast, By Application
10.6 North America Immunoassay Market Size and Forecast, By Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
11 Europe Immunoassay Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Immunoassay Market Share Analysis, By Product
11.3 Europe Immunoassay Market Size and Forecast, By Functionality
11.4 Europe Immunoassay Market Size and Forecast, By Application
11.5 Europe Immunoassay Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.5.4. Rest of Europe
12 Asia Pacific Immunoassay Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Immunoassay Market Share Analysis, By Product
12.3 Asia Pacific Immunoassay Market Size and Forecast, By Functionality
12.4 Asia Pacific Immunoassay Market Size and Forecast, By Application
12.5 Asia Pacific Immunoassay Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Immunoassay Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Immunoassay Market Share Analysis, By Product
13.3 Latin America Immunoassay Market Size and Forecast, By Functionality
13.4 Latin America Immunoassay Market Size and Forecast, By Application
13.5 Latin America Immunoassay Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Immunoassay Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Immunoassay Market Share Analysis, By Product
14.3 Middle East Immunoassay Market Size and Forecast, By Functionality
14.4 Middle East Immunoassay Market Size and Forecast, By Application
14.5 Middle East Immunoassay Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Ashland Global Holdings Inc
16.1.1 Overview
16.1.2 Products
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 BASF SE
16.2.1 Overview
16.2.2 Products
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 International Flavors & Fragrances Inc
16.3.1 Overview
16.3.2 Products
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Evonik Industries AG
16.4.1 Overview
16.4.2 Products
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Roquette Frères
16.5.1 Overview
16.5.2 Products
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Associated British Foods plc
16.6.1 Overview
16.6.2 Products
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Archer Daniels Midland Company
16.7.1 Overview
16.7.2 Products
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Lubrizol Corporation
16.8.1 Overview
16.8.2 Products
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Innophos Holdings
16.9.1 Overview
16.9.2 Products
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Kerry Group plc
16.10.1 Overview
16.10.2 Products
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
