What is Pharma Excipients Market Scope?
Pharmaceutical excipients are substances other than the pharmacologically active drug or prodrug which are included in the manufacturing process or are contained in a finished pharmaceutical product dosage form. The growing pharmaceutical industry and rising adoption of orphan drugs are driving the market for pharmaceutical excipients. Increasing uptake of biopharmaceuticals trending in the market.
The Pharma Excipients market study is being classified by Type (Organic Chemicals (Carbohyrates, Petrochemicals) and Inorganic Chemicals (Calcium Phosphates, Calcium Carbonate, Calcium Sulfate, Halites, Metallic Oxides)) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Pharma Excipients market throughout the predicted period.
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 Innophos Holdings (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Kerry Group plc (Ireland), WACKER Chemie AG (Germany), Colorcon, Inc. (United States), DFE Pharma (Germany), JRS Pharma (Germany) and Air Liquide (France).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Pharma Excipients market by Type, Application and Region.
On the basis of geography, the market of Pharma 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).
Market Influencers and their development strategies
In January 2019, Croda International (UK) acquired Brenntag Biosector (Denmark) for its vaccine adjuvants portfolio which would be complementary to Croda’s pharmaceutical excipients portfolio.
In April 2019, Colorcon, Inc. (US) signed an agreement with DuPont Nutrition and Biosciences (US) in order to enhance the current product portfolio of CR Alliance products.
Influencing Market Trend
- Increasing Uptake of Biopharmaceuticals
Market Drivers
- Increasing Demand for Medicines due to Various Diseases such as Chronic Dieses
- Growth in Pharmaceuticals Industry
Opportunities
- Rising Focus of Pharmaceutical Manufacturing to Emerging Countries
- Growth in Research and Development Activities for New Product Development
Restraints
- Higher Production Cost
- Stringent Government Regulations on Production and Approvemnt for Dugs
Challenges
- Safety and Quality Concerns
Key Target Audience
Pharma Excipients Provider, End-User Industry, Potential Investors and Research and Development Firm
Customization available in this Study:
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