DUBLIN–(BUSINESS WIRE)–The “Pharmaceutical Excipients Market – Size, Share, COVID Impact Analysis and Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global Pharmaceutical Excipients market is valued at USD 7.7 billion in 2020 and is expected to reach USD 11.2 billion by 2026 registering a compounded annual growth rate of 6.43%.
The global pharmaceutical industry market value stood at around $1.1 billion driven by increasing geriatric population, chronic diseases, infectious disease spread, growing income levels and other factors.
Functional excipients are witnessing a strong demand rise as companies supply a wide range of functional excipients that help manufacturers to customers produce cost-effective, high-quality finished pharmaceutical and nutritional products. However, the demand for functional excipients is largely driven by use in developed markets while emerging countries often tend to use less costly excipients.
Widening use of organic pharmaceutical excipients across the industry is strengthening the demand for organic excipients. Demand for different organic excipients including oleochemicals, petrochemicals, proteins, carbohydrates, and others are increasing rapidly.
Fillers are added to the active drug compounds to increase the mass of output products. They provide low cost addition and compatibility to the drugs. Plant cellulose, vegetable oils, sorbitol, calcium carbonate, calcium phosphate, magnesium stearate, glucose, sucrose, lactose and others are among the common types of fillers used in capsules and tablets.
Scope of the Report
- Global Pharmaceutical Excipients Industry size, 2020-2027
- Market trends, drivers, restraints, and opportunities
- Porter’s Five forces analysis
- Types of Pharmaceutical Excipients, 2020-2027
- Pharmaceutical Excipients applications and end-user verticals market size, 2020-2027
- Pharmaceutical Excipients Market size across countries, 2020-2027
- 5 leading companies in the industry-overview, key strategies, financials, and products
- Latest market news and developments
Segmentation
Global Pharmaceutical Excipients market, By Function
- Fillers and diluents – Binders
- Coating agents – Flavoring agents
- Disintegrants – Colorants
- Glidants and lubricants – Preservative
- Others
Global Pharmaceutical Excipients market, By Type
- Organic Chemicals – Inorganic Chemicals
- Others
Global Pharmaceutical Excipients market, By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Middle East and Africa (Saudi Arabia, South Africa, Rest of MEA)
- South and Central America (Brazil, Argentina, Chile, Rest of SCA)
Company Profiles
- BASF Corp
- Solvay SA
- Stepan Company
- Akzo Nobel N.V.
- Evonik Industries AG
For more information about this report visit https://www.researchandmarkets.com/r/5gxo3c
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