The excipients market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.9% in the forecast period of 2021 to 2028 and is expected to reach USD 6,296.82 million by 2028. Increasing demand for alternative routes of delivery/dosage forms and increasing need for pharmaceutical excipients across varied therapeutic areas are the major drivers which propelled the demand of the excipients market in the forecast period.

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Excipients Market Scope and Market Size

·      On the basis of origin, the excipients market is segmented into organic and inorganic. In 2021, organic origin holds the highest market share due to non-toxic characteristic of organic chemicals used as excipients.

·      On the basis of category, the excipients market is segmented into primary excipients and secondary excipients. In 2021, primary excipients segment is dominating the market as the segment includes fillers, adhesives, lubricants and other crucial excipients. 

·      On the basis of products, the excipients market is segmented into polymers, sugars, alcohols, minerals, gelatin and others. In 2021, polymers segment is dominating the market because polymers are used as gelatin shells in the manufacturing of capsules.

·      On the basis of chemistry type, the excipients market is segmented into plant, animals, synthetic and minerals. In 2021, plant segment is dominating the market due to less expensive, non-toxic nature, biodegradable in nature and do not show any adverse effects of side effect on the human beings.

·      On the basis of chemical synthesis, the excipients market is segmented into lactose monohydrate, sucralose, polysorbate, benzyl alcohol, cetosteary alcohol, soy lecithin, pregelatinized starch and others. In 2021, lactose monohydrate segment is dominating the market due to its multiple properties.

·      On the basis of functionality, the excipients market is segmented into binders and adhesives, disintegrants, coating material, disintegrants, solubilizers, flavors, sweetening agents, diluents, lubricants, buffers, emulsifying agents, preservatives, antioxidants, sorbents, solvents, emollients, glidients, chelating agents, antifoaming agents and others. In 2021, binders and adhesives segment is dominating the market due to its properties.

North America Excipients Market Country Level Analysis

·      The countries covered in the North America excipients market report are the U.S., Canada and Mexico.

Competitive Landscape and Excipients Market Share Analysis

KEY PLAYERS major companies covered in the North America excipients market report are 

·      DOW,

·      Roquette Frères,

·      JRS Pharma,

·      Evonik Industries AG,

·      The Lubrizol Corporation (a subsidiary of Berkshire Hathaway Inc.),

·      BASF SE,

·      Ashland, Kerry Group PLC,

·      Shin-Etsu Chemical Co., Ltd.,

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MAJOR TOC OF THE REPORT

·     INTRODUCTION

·     MARKET SEGMENTATION

·     EXECUTIVE SUMMARY

·     PREMIUM INSIGHTS

·     MARKET OVERVIEW

·     QUESTIONNAIRE

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