Pharmaceutical Excipients Market Is Expected to Grasp the Value of 12,199.90 Million by 2029, Size, Shares, Demand, Revenue Growth and Global Trends

According to the U.S. Food and Drug Administration (U.S. Food and Drug Administration). FDA) and the National Center for Biotechnology Information (NCBI), a generic drug is a drug that has been created to look like an approved brand-name drug that is available in dosage form, with safety


NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Pharmaceutical Excipients Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This Pharmaceutical Excipients market report provides detailed profiles of the key players to bring out a clear view of the competitive landscape of this industry outlook. It also covers market new product analysis, financial overview, strategies, and marketing trends. The industry is entrenched to see a changing development due to changes in consumer requests, the situation of import/export, and the investigation of developing sectors. This Pharmaceutical Excipients business report presents the segment's details figures, graphs, charts,s and tables which will offer an extensive overview of the market. The examination of advancement openings, regional analysis, and attentive study will prompt revenue estimation.

Data Bridge Market Research analyzes that the global pharmaceutical excipients market is expected to reach the value of USD 12,199.90 Million by 2029, at a CAGR of 6.6% during the forecast period. Functionality accounts for the largest type segment in the market due to the rapid demand for IT solutions and services globally. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Pharmaceutical excipients play a major role in drug formulation and its development. These substances involve substances other than the pharmacologically active drug or prodrug. Pharmaceutical excipients provide the drug with efficient drug delivery to the target site. These molecules prevent the drug from being released too early while assimilation and enhancing the drug efficacy. Some pharmaceutical excipients promote drug integration which boosts drug absorption in the bloodstream.

Moreover, pharmaceutical excipients are also used for drug identification. Pharmaceutical excipients are also used to enhance the drug flavor, which increases patients' compliance, especially children's compliance. Based on the chemical nature of pharmaceutical excipients, these can be obtained from organic and inorganic sources. Organic chemicals include carbohydrates, petrochemicals, oleochemicals, and proteins, among others. Pharmaceutical excipients can act as binders, fillers, diluents, suspension or coating agents, flavoring agents, disintegrants, colorants, lubricants and glidants, sweeteners, and preservatives, among others. Pharmaceutical excipients possess several functionalities used for different purposes, including binders and adhesives, disintegrants, solubilizers, flavors, emulsifying agents, preservatives, antioxidants, glidients, and chelating agents, among others.

Strategic Initiatives by Market Players

The rise in the pharmaceutical excipients market increases the need for strategic business ideas. It includes a partnership, business expansion, and other development. The rising demand for pharmaceuticals is significantly increasing the demand for pharmaceutical excipients, and to cope with this demand, companies are building new manufacturing sites, among other strategic initiatives.

These strategic initiatives, such as product launches, acquisitions, agreements, and business expansion by the major market player, will boost the pharmaceutical excipients market growth and is expected to act as an opportunity for the Pharmaceutical Excipients Industry

Some of the major players operating in the Pharmaceutical Excipients market are:

  • Kerry Group plc.
  • DFE Pharma,
  • Cargill,
  • Pfanstiehl,
  • Colorcon,
  • MEGGLE GmbH & Co. KG,
  • Roquette Frères.,
  • The Lubrizol Corporation,
  • BASF SE,
  • Avantor, Inc.,
  • BENEO,
  • Chemie Trade

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The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Pharmaceutical Excipients market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Recent Developments

  • In February 2022, Kerry Group Plc., the world’s leading taste and Nutrition Company, announced that it had made two significant biotechnology acquisitions that have expanded its expertise, technology portfolio, and manufacturing capabilities. The company has announced that it has acquired the leading biotechnology innovation company, c-LEcta, and Mexican-based enzyme manufacturer, Enmex. c-LEcta is a leading biotechnology innovation company specializing in precision fermentation, optimized bio-processing, and bio-transformation. Also, Enmex is a well-established enzyme manufacturer based in Mexico, supplying multiple bio-process solutions for food, beverage, and animal nutrition markets. This has helped company to increase its revenue.
  • In September 2022, DFE Pharma, a global leader in pharma- and nutraceutical excipient solutions, opened its new “Closer to the Formulator” (C2F), a Center of Excellence, in Hyderabad, India. C2F helped pharmaceutical companies to shorten the time from concept to finished commercial product through its expertise in all phases of pharmaceutical development. This has helped company to showcase its progress.

Market Dynamics: Pharmaceutical Excipients Market

  • Rise in Generic Drug Production and Uses

According to the U.S. Food and Drug Administration (U.S. Food and Drug Administration). FDA) and the National Center for Biotechnology Information (NCBI), a generic drug is a drug that has been created to look like an approved brand-name drug that is available in dosage form, with safety, strength, route of administration, quality, and performance. After the drug's patent expires, the cost savings associated with conventional drug use are not immediately apparent. Generic drugs, like brand-name drugs, require competition in the generic drug market before reducing costs; two to three years after the loss of exclusivity, the price of a generic drug is usually 60-70% lower than that of a brand-name drug. Since India has the highest per capita spending, these generic drugs will save a lot of money that can be used for other health problems. Nationally, the use of generic drugs has increased significantly in recent years. The fact that cheap substitutes for branded drugs are a major reason likely to spur the growth of the pharmaceutical industry. The generic drug industry in the near future

Thus, increasing demand for generic drugs and rising production are expected to drive growth in the global pharmaceutical excipients market. Also, the cost of generic drugs is less, which increases the use of generic drugs.

  • The Surge in Demand for Excipients

Pharmaceutical excipients are substances in pharmaceutical dosage forms not for direct therapeutic use but to facilitate the manufacture, protection, support, or improvement of stability and availability. With the increased development of the global pharmaceutical industry, excipients also have a light part. Recently, there has been an increasing demand for generic drugs, which has led to an increase in the excipients demand. In addition, there has been a sharp increase in cases of chronic diseases.

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Industry Segmentation:

Global Pharmaceutical Excipients Market, By Functionality

  • Binders And Adhesives
  • Disintegrants
  • Coating Material
  • Coloring Agents
  • Solubilizers
  • Flavors
  • Sweetening Agents
  • Diluents
  • Lubricants
  • Buffers
  • Emulsifying Agents
  • Preservatives
  • Antioxidants
  • Sorbents
  • Solvents
  • Emollients
  • Glidents
  • Chelating Agents
  • Antifoaming Agents
  • Others

Pharmaceutical Excipients Market, By Dosage Form

  • Solid
  • Semi-Solid
  • Liquid

Pharmaceutical Excipients Market, By Route Of Administration

  • Oral Excipients
  •  Topical Excipients
  •  Parenteral Excipients
  •  Other Excipients

Pharmaceutical Excipients Market, By End-User

  • Pharmaceutical And Biopharmaceutical Companies
  • Contract Formulators
  • Research Organization And Academics
  • Others

Pharmaceutical Excipients Market, By Distribution Channel

  • Direct Tender
  • Retail Sales
  • Others

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Regional Analysis/Insights: Pharmaceutical Excipients Market

The countries covered in Pharmaceutical Excipients Market Report are U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, Hungary, Austria, Norway, Ireland, Turkey, Lithuania, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Peru, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Kuwait, Egypt, Rest of Middle East & Africa.

  • In 2022, North America is dominating due to the presence of key market players in the largest consumer market with high GDP. U.S. is expected to grow due to the rise in technological advancement in Healthcare IT.

North America is dominating the market. The increasing investment in R&D is expected to boost market growth. The U.S. dominates the North America region due to the strong presence of key players Evonik, Dow, Croda International Plc, and others. China dominates the Asia-Pacific region due to the rapidly growing pharmaceuticals market coupled with the rise in generics production.

Table of Contents:

1 Introduction

2 Market Segmentation

3 Executive Summary

4 Premium Insights

5 Global Pharmaceutical Excipients Market: Regulations

6 Market Overview

7 Global Pharmaceutical Excipients Market, By Functionality

8 Global Pharmaceutical Excipients Market, By Dosage Form

9 Global Pharmaceutical Excipients Market, By Route of Administration

10 Global Pharmaceutical Excipients Market, By End User

11Global Gene Synthesis Market, By Distribution Channel

12 Global Pharmaceutical Excipients Market, By Region

13 Global Pharmaceutical Excipients Market: Company Landscape

14 SWOT Analysis

15 Company Profile

16 Questionnaire

17 Related Reports

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