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Pharmaceutical Excipients Market Analysis | Industry Report, 2020-2026

Pharmaceutical Excipients market outlook to 2026 report includes the latest predictions of global Pharmaceutical Excipients market along with geography, therapy area and applications. The report specifically focuses on different types of Pharmaceutical Excipients with a special attention of their emergence over the forecast period to 2026.

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The research report provides objective measures to tap into the future opportunities that will be available over the next six years. It also highlights key areas to watch over the future along with detailed insights into drivers and challenges across different Types applications and products.

The Pharmaceutical Excipients market report aggregates the current market size based on volume and average price data. It also includes six year outlook to 2026 on the basis of anticipated growth rates for each sub segment and industry as a whole.

The base case outlook in the next six years for different types of Pharmaceutical Excipients, across different verticals and countries is provided. It additionally examines the key dynamics around companies, markets, along with key trends, drivers and challenges facing the Pharmaceutical Excipients worldwide.

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The report covers a broad region from Asia Pacific, North America, Europe, Latin America and Middle East Africa for the period of 2020 to 2026. 12 countries across these regions are analyzed independently in the Pharmaceutical Excipients report. Impact of domestic market conditions, price variations, competition, government policies, healthcare spending, technological and local market conditions are assessed for country level forecasts.

Global spending on healthcare continues to increase significantly with ageing population, increased access to treatment and ongoing advanPharmaceutical Excipientss in technology. This provides strong support for Pharmaceutical Excipients market growth in the medium to long term future. While growth will remain steady in the developed markets, Asian and other emerging markets will be key for Pharmaceutical Excipients market growth from 2020 to 2026.

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To address the expanding need for advanced Pharmaceutical Excipients products, companies are rapidly embracing the new market dynamics, primarily focusing on new launches, specifically to suit local and regional demand patterns. Accordingly, detailed discussion about broader implications of key strategies, product launches and other latest Pharmaceutical Excipients market developments are included in the research work.

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Pharmaceutical Excipients Market is Expected to Expand at a CAGR of ~5% During 2019 – 2027

Pharmaceutical Excipients Market: Introduction

According to the report, the global pharmaceutical excipients market was valued at US$ 6.9 Bn in 2018 and is projected to expand at a high CAGR during the forecast period. Pharmaceutical excipients can be defined as the substances other than the active pharmaceutical ingredients employed in the formulation of pharmaceutical drugs. These are appropriately evaluated and incorporated intentionally in drug delivery systems.

The global pharmaceutical excipients market is driven by boost in growth of the global pharmaceuticals market. According to the IQVIA Institute for Human Data Science, the global pharmaceutical market accounted for over US$ 100 Bn in 2017. The market is anticipated to grow at a rate of over 5% to reach US$ 1.5 Trn by 2023. Europe dominated the global pharmaceutical excipients market in 2018 and the trend is anticipated to continue during the forecast period. Strong growth of the market in the region can be attributed to growing approval of biosimilars, contributing to rise in demand for excipients employed in the manufacturing of biosimilars.

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Growing Demand for Plant Origin Excipients

Focus on development of excipients originated from plants has been gaining significance, owing to growing usage of these excipients as sweeteners, adhesives, binders, and suspenders. Pharmaceutical excipients of plant origin such as agar, starch, alginates, acacia gum, gelatin, and pectin are widely used in pharmaceuticals as gelling agents, coating materials, thickening agents, and binding agents. Specific applications of plant-based polymers in pharmaceutical formulations include their use in manufacturing of beads, microparticles, injectable and inhalable systems, nanoparticles, and implants. Various advantages of plant-based excipients include their biodegradable nature, non-toxicity, biocompatibility, low cost, and ease of availability. This is likely to drive the growth of the pharmaceutical excipients market.

Growing Approvals of Oral Solid Dosage Drugs

Oral solid dosage is one of the most common routes of pharmaceutical drug administration. Excipients play a vital role in providing oral solid dosage drugs by offering better stability, drug release, bioavailability, taste, and texture. Oral solid dosage forms are easily transported, chemically stable, and cost-effective. The usage of tablets or capsules for drug products can provide various advantages such as increased chemical and physical stability, unique brand recognition by shape and color, convenience of handling, and controlled release options. According to the IMS Health, over nine of the top ten drugs based on the prescription volume were oral solid doses in 2019. Furthermore, according to the U.S. FDA, in 2018, over 31% of the 59 NMEs approved were oral solid dose products, of which 24 were tablets and seven were capsules. This growing approvals of oral solid dosage drugs will contribute positively to the growth of the pharmaceutical excipients market.

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Organic Chemicals to Witness High Demand

Among products, the organic chemicals segment is likely to account for a major share of the global pharmaceutical excipients market during the forecast period. In the organic chemicals segment, the carbohydrates sub-segment dominated the market in 2018 and is likely to remain dominant during the forecast period. Growth of the sub-segment can be attributed to the high demand for natural excipients, such as the cellulose and sugars, which, in turn, boost the segment growth.

Oral Formulation is Most Preferred Mode of Administration

In terms of formulation, the global pharmaceutical excipients market has been divided into oral, topical, parenteral, and others. The oral segment held the largest market share in 2018 and the trend is anticipated to continue throughout the forecast period. Oral formulation is the most preferred mode of administration for a range of medications unless the patient is not in a position to accept oral solid medications. In addition, rise in approval of oral solid dosage formulations by the U.S. FDA contributes to the growth of the pharmaceutical excipients market.

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Pharmaceutical Excipients Market: Prominent Regions

The global pharmaceutical excipients market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe dominated the global pharmaceutical excipients market in 2018. Growth of the pharmaceutical excipients market in the region can be attributed to strong presence of market players in the region, robust increase in the manufacture of biosimilars, and growing adoption of orphan drugs contributing to the strong demand for pharmaceutical excipients. The pharmaceutical excipients market in Asia Pacific is likely to expand at a high CAGR from 2019 to 2027. Growth of the market in the region can be attributed to increased outsourcing of drug manufacture to developing countries, such as India, owing to low costs of labor and raw materials in these countries.

Strategic Acquisitions by Key Players to Propel Global Market

The global pharmaceutical excipients market is consolidated, in terms of number of players. Key players operating in the global pharmaceutical excipients market are BASF SE, Colorcon Inc., Ashland, Inc., Croda International Plc, Roquette Frères, Evonik Industries AG, DuPont de Nemours, Inc., Associated British Foods plc, Archer Daniels Midland Company, and Lubrizol Corporation. These players have adopted various strategies such as acquisitions and partnerships to expand their portfolio of services as well as geographical presence.

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Pharmaceutical Excipients Market to See Huge Growth by 2026 | BASF, DOW, Roquette

Latest Study on Industrial Growth of Global Pharmaceutical Excipients Market 2019-2025. A detailed study accumulated to offer Latest insights about acute features of the Pharmaceutical Excipients market. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

The Major Players Covered in this Report: Ashland, BASF, DOW, Roquette, FMC, Evonik, Lubrizol, Associated British Foods, Croda International & Archer Daniels Midland

Pharmaceutical Excipients Market Study guarantees you to remain / stay advised higher than your competition. With Structured tables and figures examining the Pharmaceutical Excipients, the research document provides you a leading product, submarkets, revenue size and forecast to 2025. Comparatively is also classifies emerging as well as leaders in the industry. Click To get SAMPLE PDF (Including Full TOC, Table & Figures)

This study also covers company profiling, specifications and product picture, sales, market share and contact information of various regional, international and local vendors of Global Pharmaceutical Excipients Market. The market opposition is frequently developing greater with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with the international vendors based on reliability, quality and modernism in technology.

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The titled segments and sub-section of the market are illuminated below:

In-depth analysis of Global Pharmaceutical Excipients market segments by Types: , Oral Formulations, Topical Formulations, Parenteral Formulations & Advanced Delivery Systems

Detailed analysis of Global Pharmaceutical Excipients market segments by Applications: Produce & Chemistry

Major Key Players of the Market: Ashland, BASF, DOW, Roquette, FMC, Evonik, Lubrizol, Associated British Foods, Croda International & Archer Daniels Midland

Regional Analysis for Global Pharmaceutical Excipients Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Furthermore, the years considered for the study are as follows:
Historical year – 2014-2019
Base year – 2019
Forecast period** – 2020 to 2025 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

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Guidance of the Global Pharmaceutical Excipients market report:

– Detailed considerate of Pharmaceutical Excipients market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
– Comprehensive valuation of all prospects and threat in the Global Pharmaceutical Excipients market.
– In depth study of industry strategies for growth of the Pharmaceutical Excipients market-leading players.
– Pharmaceutical Excipients market latest innovations and major procedures.
– Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Pharmaceutical Excipients market for forthcoming years.

What to Expect from this Report On Pharmaceutical Excipients Market:

1. A comprehensive summary of several area distributions and the summary types of popular products in the Pharmaceutical Excipients Market.
2. You can fix up the growing databases for your industry when you have info on the cost of the production, cost of the products, and cost of the production for the next future years.
3. Thorough Evaluation the break-in for new companies who want to enter the Pharmaceutical Excipients Market.
4. Exactly how do the most important companies and mid-level companies make income within the Market?
5. Complete research on the overall development within the Pharmaceutical Excipients Market that helps you elect the product launch and overhaul growths.

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Detailed TOC of Pharmaceutical Excipients Market Research Report-

– Pharmaceutical Excipients Introduction and Market Overview
– Pharmaceutical Excipients Market, by Application [Produce & Chemistry]

– Pharmaceutical Excipients Industry Chain Analysis
– Pharmaceutical Excipients Market, by Type [, Oral Formulations, Topical Formulations, Parenteral Formulations & Advanced Delivery Systems]

– Industry Manufacture, Consumption, Export, Import by Regions (2014-2019)
– Industry Value ($) by Region (2014-2019)

– Pharmaceutical Excipients Market Status and SWOT Analysis by Regions

– Major Region of Pharmaceutical Excipients Market
i) Global Pharmaceutical Excipients Sales
ii) Global Pharmaceutical Excipients Revenue & market share
– Major Companies List
– Conclusion

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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