Pharmaceutical excipients refer to inert substances used as vehicles or additives in drug formulations and products. These are used to confer additional desired properties, aid in product identification, enhance stability, or improve product appearance. Some common excipients include binders, coatings, disintegrants, flavoring agents, lubricants, preservatives, and sweeteners. Global pharmaceutical excipients market growth is driven by factors such as rising generic drug production, growth in oral solid dosage forms, and increasing regulatory considerations for excipient selection and characterization in drug development and manufacturing.

Market Dynamics:

Global pharmaceutical excipients market growth is driven by factors such as rising generic drug production, growth in oral solid dosage forms, increasing regulatory considerations for excipient selection and characterization, and expansion of contract manufacturing and packaging facilities. Rising prevalence of chronic diseases worldwide which necessitates effective long-term drug therapies also boosts demand for pharmaceutical excipients. However, stringent regulatory policies mandating safety and quality evaluation of excipients can hamper the market growth. Technological advancements in novel drug delivery systems, demand for multifunctional excipients, and development of biopharmaceutical excipients can offer market growth opportunities.

Key Features of the Study:

• This report provides in-depth analysis of the global pharmaceutical excipients market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global pharmaceutical excipients market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Dow, Ashland, BASF, Roquette, FMC, Evonik, Lubrizol, Associated British Foods, and Croda International.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global pharmaceutical excipients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pharmaceutical excipients market.

Detailed Segmentation- 

• By Product Type
  
  • Inorganic Chemicals
  • Organic Chemicals
  • Other Products
• By Functionality
  
  • Fillers and Diluents
  • Binders
  • Suspension
  • Viscosity Agents
  • Coatings
  • Flavoring Agents
  • Disintegrants
  • Colorants
  • Preservatives
  • Others
• By Formulation
  
  • Oral
  • Parenteral
  • Others
• By Region           
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
• • Ashland Global Holdings Inc.
  • BASF SE
  • Innophos
  • DuPont de Nemours, Inc
  • Roquette Frères
  • Evonik Industries AG
  • Merck KGaA
  • JRS Pharma
  • Croda International Plc
  • Colorcon Inc.
  • Archer Daniels Midland Company (ADM)
  • The Lubrizol Corporation
  • Innophos Holdings Inc.
  • Kerry Group plc
  • WACKER Chemie AG
  • Meggle Group
  • DFE Pharma