Pharmaceutical Excipients Global Market is estimated to be worth $15,439.6 million by 2029
  • Published On: 03-02-2023

Pharmaceutical Excipients Global Market is estimated to be worth $15,439.6 million by 2029

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IQ4I Research & Consultancy published a new report on “Pharmaceutical Excipients Global Market – Forecast To 2029” 


The pharmaceutical excipients global market report covers five segments namely source, product, functionality, dosage form, and geography. These segments are further segmented as follows:

1. Pharmaceutical Excipients Global Market, Based on Source:

·         Animal-based excipients

·         Plant-based excipients

·         Mineral-based excipients

·         Synthetic-based excipients

2. Pharmaceutical Excipients Global Market, Based on Product:

·         Inorganic chemical

o   Calcium salts

§  Calcium phosphate

§  Calcium carbonate (GCC and PCC)

§  Others

o   Halites

o   Metallic oxides

§  Titanium dioxide

§  Others

o   Silicates

o   Other inorganic chemicals

·         Organic chemical

o   Carbohydrates

§  Sugar (Actual sugar, Sugar alcohol, Artificial sweeteners)

§  Starch (Modified starch, Dried starch, Converted starch)

§  Cellulose (Cellulose ethers, Cellulose esters, Croscarmellose sodium, Microcrystalline cellulose)

o   Petrochemicals

§  Glycols (Polyethylene glycol, Propylene glycol)

§  Povidones

§  Mineral hydrocarbons

§  Acrylic polymers

§  Others

o   Oleochemicals

§  Fatty alcohols

§  Mineral stearates

§  Glycerin

§  Others

o   Proteins

o   Other organic chemicals

·         Other excipients

o   Water for injection

o   Purified water

3. Pharmaceutical Excipients Global Market, Based on Functionality:

·         Binders & Adhesives

·         Fillers & Diluents

·         Coatings

·         Lubricant & Glidants

·         Disintegrants

·         Coloring, Flavoring & Sweeteners

·         Solvent

·         Suspending agent

·         Solubilizers

·         Preservatives

·         Others

4. Pharmaceutical Excipients Global Market, based on Dosage Forms:

·         Solid Dosage Forms

o   Solid Dosage forms global market, based on Manufacturing Process

§  Granulation

§  Direct compression

·         Injectables Dosage Forms

·         Semisolid, Liquid, and Gaseous Dosage Forms

5. Pharmaceutical Excipients Global Markets, based on Region:

·         North America

·         Europe

·         Asia-Pacific

·         Rest of World


Each segment of this report offers market values for its sub-segments and geographies as well. It also provides market dynamics with respect to drivers, restraints, opportunities, and the performance of major key players.

As estimated by IQ4I Research, the pharmaceutical excipients global market is expected to grow at mid single-digit CAGR from 2022 to 2029 to reach $15,439.6 million by 2029. Some of the factors driving the market are growth in generics and biosimilar drugs, increasing demand for OSDF (oral solid dosage form) excipients, increasing demand for multifunctional excipients, emergence of drug-coated medical devices. Factors such as increasing demand for solubility enhancing excipients, rising demand for sustained or controlled release formulations, increase in the prevalence of chronic diseases and rise in aging population are providing opportunities for growth. However, adverse reactions of excipients, contaminations in formulations are restraining the market growth, while supply chain issues and geopolitical scenarios, and challenges in excipients innovation are threatening the growth of the pharmaceutical excipients market.

The report covers business intelligence information of the pharmaceutical excipients market segments based on source, product, functionality, dosage form, and geography. Revenue forecast and strategic analysis with respect to industry trends and contribution to the overall pharmaceutical excipients market. Analysis of top-selling drugs, novel excipients, and excipient classification by molecule type, production volume data of excipients and their average selling prices (ASP), excipients used in top 115 selling drugs, Drug Master Filing (DMF), Product matrix. Commonly used excipients in oral solid, liquid, topical, and injectables dosage forms, identification of major market trends, factors driving, restraining, threatening and providing opportunities for the pharmaceutical excipients market growth. Major players’ profiles in the pharmaceutical excipients market and analysis of their business strategies and market shares.

Major players in the pharmaceutical excipients market are IFF (U.S.), Ashland, Inc. (U.S.), BASF SE (Germany), DFE Pharma (Germany), Evonik Industries AG (Germany), Croda International Plc (U.K.), Merck KGAA (Germany), Roquette (France), Colorcon (U.S.), JRS Pharma (Germany), Lubrizol Corporation (U.S.), Avantor Performance Materials (U.S.) and Asahi Kasei (Japan)

Satish Birudukota

AVP Healthcare

Phone :+91 8147030229
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