Market Overview:
The global drug excipients market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for drugs across the globe and rising investments by pharmaceutical companies in research and development (R&D) activities. Based on type, the global drug excipients market is segmented into organic chemicals, inorganic chemicals, and others. The organic chemicals segment is expected to account for the largest share of the global drug excipients market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising demand for natural ingredients in drugs and growing awareness about benefits offered by organic ingredients over synthetic ingredients. Based on application, the global drug excipients market is divided into solid drugs, semisolid drugs, and liquid drugs segments. The solid drugs segment accounted for majority share of this market in 2017 and it is projected that this trend will continue duringthe forecast period from2018to2030 owing toproperties such as stabilityand compatibility with otherdrug substances .
Product Definition:
A drug excipient is a pharmacologically inactive substance that is included in a pharmaceutical formulation to improve the stability, manufacturability or delivery of the active ingredient. They are also known as pharmaceutical additives and generally do not contribute to the therapeutic effects of medications. However, drug excipients can occasionally cause adverse effects, particularly if they are not inert.
Organic Chemicals:
Organic chemicals are a large and diverse group of substances produced by organisms to meet their needs. They play an important role in biological processes such as growth, development, reproduction, healing and resistance against diseases. Organic chemicals include drugs as well as food additives and preservatives.
Inorganic Chemicals:
Inorganic chemicals are the ones derived from natural inorganic compounds and synthetic organic chemicals. The major inorganic chemical is sulfur which has many industrial uses. Other important inorganic chemical includes phosphorous, nitrogen, chlorine, copper & zinc among others. Sulfuric acid is a key example of an industrial use for an inorganic compound as it is used to manufacture fertilizers and other products that help grow food crops.
Application Insights:
The solid drug segment dominated the global market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to factors such as high preference for tablets and pills over other forms of administration due to their ease in handling by patients and healthcare professionals. Furthermore, increasing product penetration in the pharmaceutical industry on account of its ability to enhance drug stability, improve bioavailability and reduce adverse effects is expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% over the forecast period. The growth can be attributed to increasing healthcare spending, rising awareness about drug safety and efficacy, and growing need for improved treatment options in emerging countries such as China and India. Moreover, factors such as low manufacturing cost owing to availability of cheap labor are anticipated to drive regional market growth over the forecast period.
The Asia Pacific has been witnessing an increase in demand for generic drugs due to regulatory reforms undertaken by governments across various developing nations including China & India aimed at improving access while simultaneously ensuring high quality standards through their National Pharmaceuticals Policy (NPP). This factor is anticipated to boost market development during the estimated time frame.
Growth Factors:
- Increasing demand for generics and biologics
- Rising prevalence of chronic diseases
- Growing number of product approvals by the FDA
- Technological advancements in drug delivery systems
- Expansion of the pharmaceuticals sector in emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Drug Excipients Market Research Report
By Type
Organic Chemicals, Inorganic Chemicals, Others
By Application
Solid Drugs, Semisolid Drugs, Liquid Drugs
By Companies
Dowdupont, Roquette, Ashland, BASF, Kerry, Evonik Industries, Croda, Associated British Foods, Archer Daniels Midland, Lubrizol, Dowdupont, Wacker Chemie, Signet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Drug Excipients Market Report Segments:
The global Drug Excipients market is segmented on the basis of:
Types
Organic Chemicals, Inorganic Chemicals, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solid Drugs, Semisolid Drugs, Liquid Drugs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dowdupont
- Roquette
- Ashland
- BASF
- Kerry
- Evonik Industries
- Croda
- Associated British Foods
- Archer Daniels Midland
- Lubrizol
- Dowdupont
- Wacker Chemie
- Signet
Highlights of The Drug Excipients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Chemicals
- Inorganic Chemicals
- Others
- By Application:
- Solid Drugs
- Semisolid Drugs
- Liquid Drugs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drug Excipients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drug excipients are substances that are used in drug formulations to improve the effectiveness of the drugs. They can include things like binders, fillers, and lubricants.
Some of the major companies in the drug excipients market are Dowdupont, Roquette, Ashland, BASF, Kerry, Evonik Industries, Croda, Associated British Foods, Archer Daniels Midland, Lubrizol, Dowdupont, Wacker Chemie, Signet.
The drug excipients market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drug Excipients Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drug Excipients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drug Excipients Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drug Excipients Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drug Excipients Market Size & Forecast, 2020-2028
4.5.1 Drug Excipients Market Size and Y-o-Y Growth
4.5.2 Drug Excipients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Chemicals
5.2.2 Inorganic Chemicals
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Solid Drugs
6.2.2 Semisolid Drugs
6.2.3 Liquid Drugs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drug Excipients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drug Excipients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Chemicals
9.6.2 Inorganic Chemicals
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Solid Drugs
9.10.2 Semisolid Drugs
9.10.3 Liquid Drugs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Chemicals
10.6.2 Inorganic Chemicals
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Solid Drugs
10.10.2 Semisolid Drugs
10.10.3 Liquid Drugs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Chemicals
11.6.2 Inorganic Chemicals
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Solid Drugs
11.10.2 Semisolid Drugs
11.10.3 Liquid Drugs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Chemicals
12.6.2 Inorganic Chemicals
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Solid Drugs
12.10.2 Semisolid Drugs
12.10.3 Liquid Drugs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Chemicals
13.6.2 Inorganic Chemicals
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Solid Drugs
13.10.2 Semisolid Drugs
13.10.3 Liquid Drugs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drug Excipients Market: Competitive Dashboard
14.2 Global Drug Excipients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dowdupont
14.3.2 Roquette
14.3.3 Ashland
14.3.4 BASF
14.3.5 Kerry
14.3.6 Evonik Industries
14.3.7 Croda
14.3.8 Associated British Foods
14.3.9 Archer Daniels Midland
14.3.10 Lubrizol
14.3.11 Dowdupont
14.3.12 Wacker Chemie
14.3.13 Signet
