Pharmaceutical Excipients Market Growth, Share, Size, Price, Analysis 2021-2026

SHERIDAN, Wyo. - Jan. 11, 2021 - PRLog -- According to a new report by Expert Market Research titled, 'Global Pharmaceutical Excipients Market Report and Forecast 2020-2025', the global pharmaceutical excipients market reached a value of USD 7.6 billion in 2019.

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Europe is the leading market in the global pharmaceutical excipients market, driven by the large presence of pharmaceutical key players having, who have extensive production capacities, thus, high consumption rates of excipients. The rising demand for superior pharmaceutical products, biosimilars, and generics have led to accelerated growth in the pharmaceutical excipients industry over the forecast period.

Ashland Global Holdings Inc. and BASF SE are some of the leading companies in the global pharmaceutical excipients market. In August 2017, BASF SE inaugurated the opening of its pharma technical lab at its Innovation Campus Asia Pacific, which is situated in Navi Mumbai, India. The facility is called "BASF Pharma Solutions Lab" and caters to the rapidly growing pharmaceutical market in South Asia, particularly generic drug manufacturing, which holds the largest share of the sector in India. Such developments by the key players are expected to push the growth of the global pharmaceutical excipients market in the coming years.

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Market Analysis by Product:

1. Organic Chemicals
2. Inorganic Chemicals

• Organic Chemicals

1. Oleochemicals
2. Carbohydrates
3. Petrochemicals
4. Proteins
5. Others

• Inorganic Chemicals

1. Calcium Phosphate
2. Metal Oxides
3. Halites
4. Calcium Carbonate
5. Calcium Sulphate
6. Others

Market Analysis by Functionality:

1. Fillers & Diluents
2. Suspending & Viscosity Agents
3. Coating Agents
4. Binders
5. Flavouring Agents & Sweeteners
6. Disintegrants
7. Colourants
8. Lubricants & Glidants
9. Preservatives
10. Emulsifying Agents
11. Others

On the basis of functionality, the pharmaceutical excipients market is segmented into fillers and diluents, suspending and viscosity agents, coating agents, binders, flavouring agents and sweeteners, disintegrants, colourants, lubricants and glidants, preservatives, and emulsifying agents, among others.

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Competitive Landscape & Supplier Analysis:

• Dupont De Nemours, Inc.
• Roquette Frères.
• Ashland Global Holdings Inc.
• Evonik Industries AG.
• BASF SE.
• Kerry Group PLC.
• Croda International.
• Associated British Foods PLC
• Archer Daniels Midland Company
• Lubrizol Corporation
• Innophos Holdings Inc.
• WACKER Chemie AG
• Others

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