Global Excipients Market Share to exhibit 4.95% CAGR through 2028

Date: February 10, 2023

Global Excipients Market Share to exhibit 4.95% CAGR through 2028

According to research analysts, global Excipients Market amassed a valuation of USD 4,146.76 million in 2022 and is projected to reach USD 5,815.1 million by 2028, registering a CAGR of 4.95% during the forecast period.

The most recent ‘Global Excipients Market’ research report offers a concise overview of this industry in terms of the key drivers of growth, opportunities, difficulties, and anticipated trends that will shape market dynamics. The study includes important data on the regional environment as well as variables influencing the development of other sub-markets. Lastly, a detailed view of the competitive landscape is provided through in-depth company profiles and the most recent developments taking place in the market.

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COVID-19 impact:

During the COVID-19 pandemic, there was a shortage of raw materials including active pharmaceutical ingredients (APIs) and excipients, which put a strain on the world's pharmaceutical supply chain. Global excipients market has expanded due to the rise in clinical medication discovery for COVID-19. However, the production of oral solid dosage drugs was hampered by supply delays brought on by prolonged lockdowns in a number of nations, which had a considerable negative influence on the product demand.

Segmentation & Regional Overview:

The marketplace is bifurcated on the basis of type and application. Based on type, the industry is segmented into inorganic and organic excipients. With respect to the application landscape, the market is fragmented into parenteral formulations, topical formulations, oral formulations, and other formulations.

In terms of a geographical breakdown, North America, Europe, Latin America, Middle East & Africa, and Asia Pacific are the main areas expected to significantly contribute to global excipients industry throughout the assessment period. The study assists stakeholders in identifying the areas with the highest capability for revenue growth through the application of a nation-level review.

Competitive Analysis:

Major corporations have been utilizing cutting-edge tactics to boost revenue during the stipulated term. To provide future competitors with detailed insight into the current situation, the report includes a thorough examination of the competitive environment.

Shandong Head Group Co. Ltd., Baotou Dongbao Bio-Tech Co. Ltd., Anhui Sunhere Pharmaceutical Excipients Co. Ltd., Hunan Er-Kang Pharmaceutical Co. Ltd., Air Liquide S.A., JRS Pharma LP, Colorcon Inc., DMV-Fonterra Excipients GmbH & Co. KG, Wacker Chemie AG, Kerry Group plc, Innophos Holdings Inc., The Archer-Daniels-Midland Company, Croda International plc, Dow Inc., The Lubrizol Corporation, Associated British Foods plc, Evonik Industries AG, BASF SE, Ashland Pharmaceutical, Roquette Frères, and DuPont de Nemours Inc. are the key competitors in global excipients industry.

FAQs:

How are the different segments in global excipients market bifurcated by type?

A: Inorganic and organic excipients are types of industries where excipients are utilized.

How can interested parties benefit from this report?

A: The study includes crucial information on the main growth trends, limitations, and expansion possibilities that are projected to have an impact on this business domain's profitability matrix between 2022 and 2028, hence making it resourceful for any interested party.

Which are the prominent companies influencing global excipients market dynamics?

A: Shandong Head Group Co. Ltd., Baotou Dongbao Bio-Tech Co. Ltd., Anhui Sunhere Pharmaceutical Excipients Co. Ltd., Hunan Er-Kang Pharmaceutical Co. Ltd., Air Liquide S.A., JRS Pharma LP, Colorcon Inc., DMV-Fonterra Excipients GmbH & Co. KG, Wacker Chemie AG, Kerry Group plc, Innophos Holdings Inc., The Archer-Daniels-Midland Company, Croda International plc, Dow Inc., The Lubrizol Corporation, Associated British Foods plc, Evonik Industries AG, BASF SE, Ashland Pharmaceutical, Roquette Frères, and DuPont de Nemours Inc. are the key competitors in global excipients industry.

Which geographical areas are critical to global excipients market revenue?

A: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa are the key regions contributing to market revenue.

What is the size of worldwide excipients industry?

A: Global excipients market amassed a valuation of USD 4,146.76 million in 2022 and is projected to reach USD 5,815.1 million by 2028, registering a CAGR of 4.95% during the forecast period.

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