The pharmaceutical excipients market was valued at US$ 6,521.74 million in 2019 and is projected to reach US$ 9,873.53 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
Pharmaceutical excipients are used in the form of a pharmaceutical dosage, not for their direct therapeutic action, but for the production process, protecting, supporting or enhancing stability, or for bioavailability or acceptability of patients. They also assist in the identification of products and improve the overall safety or function of the product during its storage or use.
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Some of the companies competing in the Pharmaceutical Excipients market are
DuPont de Nemours, Inc.
Ashland Global Holdings, Inc.
Evonik Industries AG
Associated British Foods Plc
Archer Daniels Midland Company
Croda International Plc
Fillers and Diluents
Suspending and Viscosity Agents
Pharmaceutical Excipients Market Segmented to 2027 – COVID-19 Impact and Global Analysis By Product (Organic Chemicals, Inorganic Chemicals, and Others Products); Functionality (Fillers and Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Preservatives, Emulsifying Agents, and Other Functionalities); Type of Formulation (Oral Formulations, Topical Formulations, Parenteral Formulations, and Other Formulations) and Geography.
The scope of the pharmaceutical excipients market includes product, functionality, type of formulation, and geography. The pharmaceutical excipients market is analyzed based on regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report offers insights and in-depth analysis of the pharmaceutical excipients market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world
Regional / Country Pharmaceutical Excipients Market: North America, Europe, Asia Pacific, Middle East and Africa, Latin America
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Pharmaceutical Excipients market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Pharmaceutical Excipients market?
4. What are the prominent market trends influencing the development of the Pharmaceutical Excipients market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Pharmaceutical Excipients market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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