Market Overview:
The global sugar-based excipients market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oral formulations, parenteral formulations, topical formulations, and other formulations. In addition, the growing demand for sugar-based excipients from emerging markets such as Asia Pacific and Latin America is also contributing to the growth of this market. On the basis of type, the global sugar-based excipients market can be segmented into powder/granule, crystal, syrup, and others. The powder/granule segment is expected to account for a major share of the global sugar-based excipients market in 2018 owing to its high usage in oral and parenteral formulations. On the basis of application,the global sugar-based excipientsmarket can be divided into oral formulations,, parenteral formulatioins,, topical formulatioins,, and other formulatioins,..
Product Definition:
A sugar-based excipient is a drug or pharmaceutical agent that uses sugar as one of its main ingredients. The importance of sugar-based excipients lies in their ability to improve the solubility and dissolution rate of drugs, which can help to increase the absorption of those drugs into the body. Additionally, sugar-based excipients can also be used to create more palatable formulations for patients who may have difficulty swallowing tablets or capsules.
Powder/Granule:
Powder/Granule is a fine, dry, free-flowing powder and granules made from organic materials. It has applications in numerous end-use industries such as food & beverage and pharmaceuticals. The global market for sugar-based excipients is expected to grow at a significant rate owing to the increasing demand for low calorie foods and medicines with improved shelf life.
Crystal:
Crystal is a crystalline solid and has been used as an excipient in sugar-based drug formulations. It is also known to be the most preferred excipient for API (Active Pharmaceutical Ingredients) due to its low toxicity, high stability, and easy availability. Crystal has witnessed rapid growth in the past few years owing to increasing demand from pharmaceutical industries across the globe.
Application Insights:
Oral formulations accounted for the largest market share of over 70% in 2017. The segment is expected to witness significant growth on account of increasing demand for sugar-based excipients from major pharmaceutical companies across the world. Growing awareness regarding excellent bio-distribution properties and favorable drug release profiles are also likely to fuel industry expansion over the forecast period.
Parenteral formulations are anticipated to exhibit a CAGR of XX% in terms of revenue during the forecast period owing to high product penetration in intravenous solutions and injections among other forms such as subcutaneous injections among others globally due to its fast absorption characteristics which help enhance patient compliance with therapy without any negative side effects or adverse reactions observed when using synthetic products like polysorbate 80 or poloxamer 188, which is expected drive growth over next seven years globally.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest growth rate of 7.8% over the forecast period, owing to increasing demand for sugar-based excipients from various end-use industries in this region. The growing pharmaceutical and healthcare sectors in emerging economies such as China and India are expected to fuel regional market growth during the forecast period.
In addition, factors such as favorable government policies promoting domestic manufacturing activities coupled with low raw material prices are expected to drive industry expansion over the coming years. In addition, economic development in countries such as Indonesia and Malaysia has led them to become major producers of sugarcane; which is a key raw material used for manufacturing sugar-based excipients across this region (excluding Central & South America). This factor will further boost regional market growth during the projected time frame.
Growth Factors:
- Increasing demand for sugar-based excipients in the pharmaceutical and nutraceutical industries due to their properties such as solubility, sweetness, and stability.
- Growing awareness about the benefits of sugar-based excipients among consumers, which is driving their demand in various end-use applications.
- Rising investments by key players in research and development activities to develop new sugar-based excipients products that meet the specific needs of different end-use industries.
- Proliferation of new product launches by leading players to cater to the growing demand for sugar-based excipients across different regions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar-Based Excipients Market Research Report
By Type
Powder/Granule, Crystal, Syrup
By Application
Oral Formulations, Parenteral Formulations, Topical Formulations, Other Formulations
By Companies
Ashland, ADM, BASF, DFE Pharma, Roquette, Associated British Foods, Cargill, Colorcon, FMC, Lubrizol, Ashland
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Sugar-Based Excipients Market Report Segments:
The global Sugar-Based Excipients market is segmented on the basis of:
Types
Powder/Granule, Crystal, Syrup
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
Oral Formulations, Parenteral Formulations, Topical Formulations, Other Formulations
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:
- Ashland
- ADM
- BASF
- DFE Pharma
- Roquette
- Associated British Foods
- Cargill
- Colorcon
- FMC
- Lubrizol
- Ashland
Highlights of The Sugar-Based 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:
- Powder/Granule
- Crystal
- Syrup
- By Application:
- Oral Formulations
- Parenteral Formulations
- Topical Formulations
- Other Formulations
- 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 Sugar-Based 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.
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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?
Sugar-based excipients are chemicals that are used in food and beverage products to improve their texture, flavor, and appearance. These substances can be found in a variety of foods, including soft drinks, ice cream, cake mixes, breakfast cereals, and snack bars.
Some of the key players operating in the sugar-based excipients market are Ashland, ADM, BASF, DFE Pharma, Roquette, Associated British Foods, Cargill, Colorcon, FMC, Lubrizol, Ashland.
The sugar-based excipients market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sugar-Based 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 Sugar-Based Excipients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sugar-Based 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 Sugar-Based 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 Sugar-Based Excipients Market Size & Forecast, 2020-2028
4.5.1 Sugar-Based Excipients Market Size and Y-o-Y Growth
4.5.2 Sugar-Based 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 Powder/Granule
5.2.2 Crystal
5.2.3 Syrup
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 Oral Formulations
6.2.2 Parenteral Formulations
6.2.3 Topical Formulations
6.2.4 Other Formulations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sugar-Based 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 Sugar-Based 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 Powder/Granule
9.6.2 Crystal
9.6.3 Syrup
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 Oral Formulations
9.10.2 Parenteral Formulations
9.10.3 Topical Formulations
9.10.4 Other Formulations
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 Powder/Granule
10.6.2 Crystal
10.6.3 Syrup
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 Oral Formulations
10.10.2 Parenteral Formulations
10.10.3 Topical Formulations
10.10.4 Other Formulations
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 Powder/Granule
11.6.2 Crystal
11.6.3 Syrup
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 Oral Formulations
11.10.2 Parenteral Formulations
11.10.3 Topical Formulations
11.10.4 Other Formulations
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 Powder/Granule
12.6.2 Crystal
12.6.3 Syrup
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 Oral Formulations
12.10.2 Parenteral Formulations
12.10.3 Topical Formulations
12.10.4 Other Formulations
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 Powder/Granule
13.6.2 Crystal
13.6.3 Syrup
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 Oral Formulations
13.10.2 Parenteral Formulations
13.10.3 Topical Formulations
13.10.4 Other Formulations
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 Sugar-Based Excipients Market: Competitive Dashboard
14.2 Global Sugar-Based Excipients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 ADM
14.3.3 BASF
14.3.4 DFE Pharma
14.3.5 Roquette
14.3.6 Associated British Foods
14.3.7 Cargill
14.3.8 Colorcon
14.3.9 FMC
14.3.10 Lubrizol
14.3.11 Ashland
