Market Overview:
The global sugar 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 and parenteral formulations, and the growing trend of using sugar excipients in topical formulations. In addition, the increasing demand from emerging markets such as Asia Pacific and Latin America is also contributing to the growth of this market. On the basis of type, powder/granule was the largest segment in 2017, owing to its high versatility and compatibility with a wide range of drug substances. On the basis of application, oral formulations accounted for majority share in 2017 due to their widespread use across various therapeutic areas.
Product Definition:
A sugar excipient is a type of pharmaceutical additive that is used to improve the stability and shelf life of medications. It also helps to control the release of the medication into the body. Sugar excipients are often used in combination with other types of excipients, such as binding agents and fillers. They can also be used to mask the taste or smell of medications.
Powder/Granule:
Powder/Granule is a fine, dry, free-flowing powder that can be used as an excipient in oral and parenteral drug formulations. It has the ability to absorb moisture and protect drugs from spoilage. Powder/Granules are available in various sizes ranging from 5g to 500g with different shapes such as oblong, spherical or flat shape.
Crystal:
Crystal is a crystalline solid and has been used as an excipient in sugar production. It is also used as a bulking agent, flow aid, anti-caking agent and lubricant in the pharmaceutical industry. Crystal has witnessed rapid growth over the past few years owing to its increasing application scope in sugar excipients market.
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 excipients from several oral pharmaceutical formulations manufacturers. Rising awareness regarding diseases and their symptoms, growing population, and changing lifestyles are anticipated to boost the product demand in oral pharmaceutical applications over the forecast period.
Parenteral drug delivery systems are projected to register a CAGR of XX% from 2018 to 2030 owing to an increase in parenteral drug administration due largely towards advancements in medical science and technology coupled with rising health concerns among individuals globally regarding infectious diseases such as HIV & AIDS that leads towards increased usage of parenteral drugs across the globe which consequently drives product demand worldwide.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of sugar-based excipients. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities and technological advancements in pharmaceutical sectors.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast years on account of rising healthcare spending, improving economic conditions, and expanding pharmaceutical industry in emerging countries such as China, India, Thailand & South Korea. Moreover, increasing prevalence of chronic diseases coupled with growing demand for cost-effective drugs will drive growth further.
The Middle East & Africa (MEA) market also presents significant opportunities for industry players due to rapid expansion plans by various multinational companies especially from Europe and North America who are looking for cost effective raw material suppliers close by their manufacturing units thus driving up product demand across this region as well.
Growth Factors:
- Increasing demand for functional foods and beverages
- Rising awareness about the benefits of sugar excipients
- Growing popularity of polyols as a sugar replacement
- Proliferation of new product launches in the sugar excipients market
- Expansion of application areas for sugar excipients
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar Excipients Market Research Report
By Type
Powder/Granule, Crystal, Syrup
By Application
Oral Formulations, Parenteral Formulations, Topical Formulations, Others
By Companies
Ashland, Archer Daniels Midland Company, BASF, Roquette Group, Associated British Foods PLC, Cargill, Colorcon, Lubrizol
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Sugar Excipients Market Report Segments:
The global Sugar 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, Others
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
- Archer Daniels Midland Company
- BASF
- Roquette Group
- Associated British Foods PLC
- Cargill
- Colorcon
- Lubrizol
Highlights of The Sugar 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
- Others
- 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 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 excipients are chemicals that are used to make sugar more palatable or to improve the stability of sugar products.
Some of the key players operating in the sugar excipients market are Ashland, Archer Daniels Midland Company, BASF, Roquette Group, Associated British Foods PLC, Cargill, Colorcon, Lubrizol.
The sugar 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 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 Excipients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sugar 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 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 Excipients Market Size & Forecast, 2018-2028
4.5.1 Sugar Excipients Market Size and Y-o-Y Growth
4.5.2 Sugar Excipients Market Absolute $ Opportunity
Chapter 5 Global Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients Market Size Forecast by Applications
6.2.1 Oral Formulations
6.2.2 Parenteral Formulations
6.2.3 Topical Formulations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sugar 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 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 Sugar Excipients Analysis and Forecast
9.1 Introduction
9.2 North America Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients Market Size Forecast by Applications
9.10.1 Oral Formulations
9.10.2 Parenteral Formulations
9.10.3 Topical Formulations
9.10.4 Others
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 Sugar Excipients Analysis and Forecast
10.1 Introduction
10.2 Europe Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients Market Size Forecast by Applications
10.10.1 Oral Formulations
10.10.2 Parenteral Formulations
10.10.3 Topical Formulations
10.10.4 Others
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 Sugar Excipients Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients Market Size Forecast by Applications
11.10.1 Oral Formulations
11.10.2 Parenteral Formulations
11.10.3 Topical Formulations
11.10.4 Others
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 Sugar Excipients Analysis and Forecast
12.1 Introduction
12.2 Latin America Sugar Excipients 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 Sugar Excipients 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 Sugar Excipients Market Size Forecast by Applications
12.10.1 Oral Formulations
12.10.2 Parenteral Formulations
12.10.3 Topical Formulations
12.10.4 Others
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) Sugar Excipients Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sugar Excipients 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) Sugar Excipients 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) Sugar Excipients Market Size Forecast by Applications
13.10.1 Oral Formulations
13.10.2 Parenteral Formulations
13.10.3 Topical Formulations
13.10.4 Others
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 Excipients Market: Competitive Dashboard
14.2 Global Sugar Excipients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Archer Daniels Midland Company
14.3.3 BASF
14.3.4 Roquette Group
14.3.5 Associated British Foods PLC
14.3.6 Cargill
14.3.7 Colorcon
14.3.8 Lubrizol
