The Business Research Company’s Pharmaceutical Excipients Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Pharmaceutical Excipients Global Market Report 2023 evaluates pharmaceutical excipients market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global pharmaceutical excipients market is expected to grow from $12,282.34 million in 2027 at a rate of 6.2%. The market is then expected to grow at a CAGR of 6.6% from 2027 and reach $16,939.64 million in 2032.
The increasing development of novel drugs is expected to propel the growth of the pharmaceutical excipients market. Novel excipients are those compounds not listed in the Inactive Ingredient Database or compounds listed in the FDA’s IID but intended to be used for a new route of administration, at a higher dosage level or modified in some way, such as co-processed excipients that have been combined and enhanced in a physical manner through particle engineering. For example, in December 2022, BASF Pharma Solutions, a UK based pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) Center for Drug Evaluation and Research (CDER), Office of New Drugs, has accepted its excipient, Soluplus®, into the FDA’s Pilot Program for the Review of Innovation and Modernization of Excipients (PRIME). The program seeks to reduce the risk and burden for pharmaceutical companies wishing to utilize novel excipients for modern drug development challenges as well as to provide a pathway for excipient manufacturers like BASF to obtain FDA review of their novel excipients prior to use in an FDA-approved drug. Therefore, increasing development of novel drugs drives the pharmaceutical excipients market going forward.
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The pharmaceutical excipients market segments in the report are:
1) By Functionality: Fillers And Diluents; Suspending And Viscosity Agents; Coating Agents; Binders; Flavoring Agents And Sweeteners; Disintegrants; Colorants; Lubricants And Glidants; Other Functionalities
2) By Type Of Formulation: Oral Formulation; Topical Formulation; Parenteral Formulation; Other Formulations
3) By Product: Inorganic Chemicals; Organic Chemicals; Other Products
The table of contents in TBRC’s pharmaceutical excipients market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.
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19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Pharmaceutical Excipients Market, Conclusions And Recommendations
23. Appendix
Top Major Players:
BASF SE
Ashland Global Holdings
Evonik Industries AG
International Flavors & Fragrances, Inc.
Roquette Frères
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