"Excipients Market – Industry Trends and Forecast to 2030
Global Excipients Market, By Origin (Organic, Inorganic), Category (Primary Excipients, Secondary Excipients), Products (Polymers, Sugars, Alcohols, Minerals, Gelatin, Others), Chemistry Type (Plant, Animals, Synthetic, Minerals), Chemical Synthesis (Lactose Monohydrate, Sucralose, Polysorbate, Benzyl Alcohol, Cetosteary Aclohol, Soy Lecithin, Pregelatinized Starch, Others), Functionality (Binders and Adhesives, Disintegrants, Coating Material, Disintegrants, Solubilizers, Flavors, Sweetening Agents, Diluents, Lubricants, Buffers, Emulsifying Agents, Preservatives, Antioxidants, Sorbents, Solvents, Emollients, Glidients, Chelating Agents, Antifoaming Agents, Others), Dosage Form (Solid, Semi-Solid, Liquid), Route of Administration (Oral Excipients, Topical Excipients, Parenteral Excipients, Other Excipients), End User (Pharmaceutical and Biopharmaceutical Companies, Contract Formulators, Research Organization and Academics, Others), Distribution Channel (Direct Tender, Retail Sales, Others) - Industry Trends and Forecast to 2030.
Data Bridge Market Research analyses that the global excipients market which was USD 7,757.00 million in 2022, is expected to reach USD 12,633.93 million by 2030, and is expected to undergo a CAGR of 6.00% during the forecast period 2023-2030. “Pharmaceutical and Biopharmaceutical Companies” dominates the end user segment of the excipients market owing to high volume production of pharmaceuticals. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Excipients are inactive substances added to pharmaceutical formulations to enhance the stability, solubility, and delivery of active drug ingredients. They serve various functions, such as binding, dilution, flavoring, and preserving, ensuring the safety, efficacy, and overall quality of medications. Excipients are carefully selected and regulated to meet strict quality and safety standards in pharmaceutical manufacturing. They play a crucial role in drug formulation and administration, facilitating the production of effective and safe pharmaceutical products.
**Segments**
- **Type**: The excipients market can be segmented based on type into organic excipients and inorganic excipients. Organic excipients are derived from natural sources such as plants, animals, or mineral sources. They are widely used in pharmaceuticals due to their biocompatibility and safety profiles. On the other hand, inorganic excipients are synthetic substances that play a crucial role in drug formulation and delivery.
- **Functionality**: Excipients can also be categorized based on functionality, which includes fillers, binders, disintegrants, lubricants, and preservatives. Fillers are used to increase the bulkiness of the tablet, binders help in binding the ingredients together, disintegrants assist in the breakdown of the tablet, lubricants reduce friction during tablet compression, and preservatives help in extending the shelf life of the product.
- **Formulation**: In terms of formulation, excipients can be classified into oral, topical, parenteral, and others. Each formulation type requires specific excipients to ensure the stability, bioavailability, and efficacy of the drug. Oral excipients are mainly used in tablets and capsules, topical excipients are used in creams and ointments, while parenteral excipients are essential for injections.
**Market Players**
- **Roquette Frères**: Roquette Frères is a key player in the excipients market, offering a wide range of excipients for pharmaceutical applications. The company focuses on innovation and sustainability to meet the evolving needs of the industry.
- **Ashland Global Holdings Inc.**: Ashland Global Holdings Inc. is another prominent player in the excipients market, known for its high-quality excipients that enhance drug performance and patient experience. The company emphasizes research and development to introduce novel excipients.
- **BASF SE**: BASF SE is a leading supplier of excipients, catering to various industries including pharmaceuticals. The company's excipients are known for their quality, functionality, andRoquette Frères, Ashland Global Holdings Inc., and BASF SE are all significant players in the excipients market, each offering a unique value proposition to cater to the diverse needs of the pharmaceutical industry. Roquette Frères has established itself as a key player by focusing on innovation and sustainability in its excipient offerings. The company's commitment to meeting the evolving industry demands for high-quality excipients has enabled it to gain a competitive edge in the market. By continuously investing in research and development, Roquette Frères can introduce new excipients that address specific formulation challenges and improve drug delivery systems. This strategic approach not only enhances the company's market presence but also reinforces its reputation as a reliable supplier of excipients.
On the other hand, Ashland Global Holdings Inc. stands out in the excipients market for its emphasis on high-quality excipients that aim to enhance drug performance and improve the overall patient experience. The company's focus on developing excipients that contribute to the efficacy and safety of pharmaceutical products has positioned it as a preferred partner for many pharmaceutical manufacturers. Through its dedication to research and innovation, Ashland Global Holdings Inc. continuously introduces novel excipients that offer unique functionalities and benefits to drug formulations. This strategic emphasis on product excellence and customer satisfaction not only strengthens the company's market position but also fosters long-term relationships with key stakeholders in the pharmaceutical industry.
BASF SE, as a leading supplier of excipients across various industries, including pharmaceuticals, has built a solid reputation for providing excipients known for their quality, functionality, and effectiveness. The company's extensive portfolio of excipients caters to a wide range of formulation needs, ensuring that pharmaceutical manufacturers have access to the essential ingredients required for developing safe and efficient drug products. BASF SE's commitment to delivering high-performance excipients that meet stringent quality standards has made it a trusted partner for the pharmaceutical industry. By leveraging its expertise in excipient development and manufacturing, BASF SE continues to drive innovation in the market, offering solutions**Global Excipients Market Analysis**
- **Segments**:
- **Origin**: The excipients market can be segmented based on origin into organic and inorganic excipients. Organic excipients are derived from natural sources like plants, animals, or minerals, offering biocompatibility and safety. In contrast, inorganic excipients are synthetic substances essential in drug formulation.
- **Category**: Excipients can be further categorized into primary and secondary excipients. Primary excipients include fillers, binders, and disintegrants, while secondary excipients encompass coatings, flavors, and colors.
- **Products**: Excipients come in various forms such as polymers, sugars, alcohols, minerals, gelatin, among others, each serving a specific purpose in pharmaceutical formulations.
- **Chemistry Type**: Excipients can be classified based on their chemistry type, including plant-based, animal-based, synthetic, and mineral excipients, each offering unique functionalities in drug delivery systems.
- **Chemical Synthesis**: Excipients can also be categorized based on chemical synthesis, comprising lactose monohydrate, sucralose, polysorbate, benzyl alcohol, cetostearyl alcohol, soy lecithin, pre-gelatinized starch, among others.
- **Functionality**: Excipients serve various functionalities like binders, disintegrants, coating materials, solubilizers, lubricants, preservatives, antioxidants, emulsifying agents, among
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Key Coverage in the Excipients Market Report:
- Detailed analysis of Excipients Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Excipients industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
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