2021 Pharmaceutical Excipients Market - Size, Share, COVID Impact Analysis and Forecast to 2027

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 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.

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)

Report Scope-

The report- ‘2021 Pharmaceutical Excipients Market - Size, Share, COVID Impact Analysis and Forecast to 2027’ presents growth projections in the Pharmaceutical Excipients Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.

Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.

The Pharmaceutical Excipients Market report computes the 2020 market value in revenue terms based on the average Pharmaceutical Excipients prices and sales/revenue models of key companies operating in the Pharmaceutical Excipients Industry. The study forecasts the market size to 2027 for different types of Pharmaceutical Excipients and provides respective market share and growth rates.

The study discusses technological innovations and the potential shift in demand among various products in the Pharmaceutical Excipients Market, over the forecast period. The leading five companies in the Pharmaceutical Excipients Industry together with their products, key strategies, and comparisons are provided.

The Pharmaceutical Excipients Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Pharmaceutical Excipients Market value is also provided.

All recent developments in Pharmaceutical Excipients Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.

• Base Year- 2020; Forecast period: 2021- 2027
• Publication frequency- Every six months
• Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size

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

Additional support -
• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication extended
• 10% free customization to include any specific data/analysis to match with the requirement
• 3 months of analyst support