About Pharmaceutical Excipients
Pharmaceutical excipients are substances other than the active pharmaceutical ingredient (API) that have been appropriately evaluated for safety and are intentionally included in a drug delivery system. They help to streamline the manufacture of the drug product and ultimately facilitate the physiological absorption of the drug. They also help to facilitate drug absorption, solubility or other pharmacokinetic considerations.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Pharmaceutical Excipients market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DuPont de Nemours, Inc. (United States), Roquette Feres (France), Ashland Global Holdings, Inc. (United States), BASF SE (Germany), Evonik Industries AG (Germany), Associated British Foods plc (United Kingdom), Archer Daniels Midland Company (United States), Lubrizol Corporation (United States), Croda International (United Kingdom) and Kerry Group plc (Ireland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are WACKER Chemie AG (Germany), Colorcon, Inc. (United States), DFE Pharma (Germany) and Air Liquide (France).
Segmentation Overview
AMA Research has segmented the market of Global Pharmaceutical Excipients market by Type (Inorganic Chemicals {Calcium Phosphates, Calcium Carbonate, Calcium Sulfate, Halites and Metallic Oxides} and Organic Chemicals {Carbohydrates (Sugar, Starch and Cellulose) and Petrochemicals (Glycols, Povidones polymers, Mineral Hydrocarbons, Oleochemicals and Gelatin)}) and Region.
On the basis of geography, the market of Pharmaceutical Excipients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Fillers and diluents will boost the Pharmaceutical Excipients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Formulation, the sub-segment i.e. Oral Formulations will boost the Pharmaceutical Excipients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Superior Quality Excipients
Market Growth Drivers:
Increasing Demand for Oral Solid Pharmaceutical Drugs and Increasing Incidence of Lifestyle Diseases
Challenges:
Stringent Government Rules and Regulations
Restraints:
Higher Production Cost
Opportunities:
Growing Pharmaceutical Industry Worldwide and Increasing Demand from Emerging Economies
Market Leaders and their expansionary development strategies
Recently, Roquette, a global leader in innovative plant-based ingredients, completed the acquisition of Itracel and reinforces its ambition of being a leader in pharmaceutical excipients. Itacel is a leading player in the pharmaceutical excipients market in Brazil and Latin America.
Key Target Audience
Pharmaceutical Excipients Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.