Pharmaceutical Excipients Global Market Report 2022 – By Functionality (Fillers And Diluents, Suspending And Viscosity Agents, Coating Agents, Binders, Flavouring Agents And Sweetners, Disintegrants, Colorants, Lubricants And Glidants), By Type Of Formulation (Oral Fromulation, Topical Formulation, Parental Formulation), By Product (Inorganic Chemicals, Organic Chemicals) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $5000.00 | Pages : 150 | Published : February 2022 | SKU CODE : 7718 | Delivery Time: 2-3 business days | Format :


The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services. The excipient is a substance, not an active pharmaceutical ingredient (API) that has been evaluated for safety, and intentionally added in a drug delivery system. Excipient's major roles are to protect, support, enhance stability, bioavailability, patient acceptability, and assist in the effectiveness. The market consists of revenue generated by the company’s manufacturing the pharmaceutical excipients by the sales of these excipients.

The main types of products in pharmaceutical excipients are inorganic chemicals and organic chemicals. Pharmaceutical inorganic chemical is concerned with the manufacture, physical or chemical characteristics of substances, assay techniques, and applications of inorganic substances used as pharmaceutical aids, treatments, and diagnostics. The different functionalities include fillers and diluents, suspending and viscosity agents, coating agents, binders, flavouring agents and sweetners, disintegrants, colorants, lubricants and glidants, others and involves various formulations such as oral fromulation, topical formulation, parental formulation.

The global pharmaceutical excipients market size is expected to grow from $8.13 billion in 2021 to $8.60 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical excipient market is expected to reach $10.88 billion in 2026 at a CAGR of 6.0%.

The global surge in the sale of generic drugs contributed to the growth of the pharmaceutical excipients market. Generic drugs are alternatives to the marketed brand name drug in the same dosage form, safety, strength, and route of administration and quality. According to India Brand Equity Foundation (IBEF), India is the largest provider of generic medicines, the country’s generic drugs account for 20% of the global generic drug exports. Indian pharmaceutical companies received 300 generic drug approvals in the USA. The surge in the demand for generic drugs drives the pharmaceutical excipients market.

Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market. According to the Pharmaceutical Journal, there are certain complications in children with the use of pharmaceutical drugs with excipients. For instance, the colorants used in medicine as a coloring agent may lead to sensitivity reactions and hyperactive behaviour in children. Ethanol is another solvent that is widely used in an oral liquid formulation, the use of ethanol mixed medicine for children may have a risk of acute intoxication when overdose, and it may lead chronic toxicity with long term use. Concerns related to safety and quality are expected to limit the growth of the pharmaceutical excipients market.

The increase in research and development in the pharmaceutical formulation to enhance the production process and product quality by using multi-functional excipients is a trend shaping the market. Excipients play a significant role in helping pharmaceutical manufacturers better support patients by increasing compliance and treatment effectiveness. For instance, Evonik’s newly launched EUDRAGIT FS 100 is a solid version of the existing EUDRAGIT FS 30 D. This new multi-functional version allows pharmaceutical companies to use the polymer in many new applications, such as hot-melt extrusion, solvent spray-drying, and solvent coating, which was impossible to achieve in past decades where only the aqueous version was available.

In July 2021, Philip Morris International, a US based cigarette and tobacco manufacturing company acquired Fertin Pharma for $820m. Through this acquisition PMI will gain significant ability in developing, formulating, and marketing existing as well as new smoke-free platforms. Fertin Pharma is a Denmark based company that manufactures pharmaceutical excipients.

Major players in the pharmaceutical excipients market are, Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, and Roquette Frères.

North America is the largest region in the pharmaceutical excipients market in 2021. The Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the pharmaceutical excipients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the pharmaceutical excipients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global pharmaceutical excipients market is segmented -

1) By Functionality: Fillers and Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Flavoring Agents and Sweeteners, Disintegrants, Colorants, Lubricants and Glidants, Others

2) By Formulation Type: Oral Formulation, Topical Formulation, Parental Formulation

3) By Product: Inorganic Chemicals, Organic Chemicals

    Table Of Contents

    1. Executive Summary

    2. Pharmaceutical Excipients Market Characteristics

    3. Pharmaceutical Excipients Market Trends And Strategies

    4. Impact Of COVID-19 On Pharmaceutical Excipients

    5. Pharmaceutical Excipients Market Size And Growth

    5.1. Global Pharmaceutical Excipients Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Pharmaceutical Excipients Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Pharmaceutical Excipients Market Segmentation

    6.1. Global Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Fillers and Diluents

    Suspending and Viscosity Agents

    Coating Agents

    Binders

    Flavouring Agents and Sweetners

    Disintegrants

    Colorants

    Lubricants and Glidants

    Others

    6.2. Global Pharmaceutical Excipients Market, Segmentation By Type of Formulation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Oral Fromulation

    Topical Formulation

    Parental Formulation

    6.3. Global Pharmaceutical Excipients Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Inorganic Chemicals

    Organic Chemicals

    7. Pharmaceutical Excipients Market Regional And Country Analysis

    7.1. Global Pharmaceutical Excipients Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Pharmaceutical Excipients Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Pharmaceutical Excipients Market

    8.1. Asia-Pacific Pharmaceutical Excipients Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Pharmaceutical Excipients Market

    9.1. China Pharmaceutical Excipients Market Overview

    9.2. China Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Pharmaceutical Excipients Market

    10.1. India Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Pharmaceutical Excipients Market

    11.1. Japan Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Pharmaceutical Excipients Market

    12.1. Australia Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Pharmaceutical Excipients Market

    13.1. Indonesia Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Pharmaceutical Excipients Market

    14.1. South Korea Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Pharmaceutical Excipients Market

    15.1. Western Europe Pharmaceutical Excipients Market Overview

    15.2. Western Europe Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Pharmaceutical Excipients Market

    16.1. UK Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Pharmaceutical Excipients Market

    17.1. Germany Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Pharmaceutical Excipients Market

    18.3. France Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Pharmaceutical Excipients Market

    19.1. Eastern Europe Pharmaceutical Excipients Market Overview

    19.2. Eastern Europe Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Pharmaceutical Excipients Market

    20.1. Russia Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Pharmaceutical Excipients Market

    21.1. North America Pharmaceutical Excipients Market Overview

    21.2. North America Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Pharmaceutical Excipients Market

    22.1. USA Pharmaceutical Excipients Market Overview

    22.2. USA Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Pharmaceutical Excipients Market

    23.1. South America Pharmaceutical Excipients Market Overview

    23.2. South America Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Pharmaceutical Excipients Market

    24.1. Brazil Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Pharmaceutical Excipients Market

    25.1. Middle East Pharmaceutical Excipients Market Overview

    25.2. Middle East Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Pharmaceutical Excipients Market

    26.1. Africa Pharmaceutical Excipients Market Overview

    26.2. Africa Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Pharmaceutical Excipients Market Competitive Landscape And Company Profiles

    27.1. Pharmaceutical Excipients Market Competitive Landscape

    27.2. Pharmaceutical Excipients Market Company Profiles

    27.2.1. Archer Daniels Midland Co.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Associated British Foods

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Dow Chemical Company

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Evonik

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Croda International Plc

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Pharmaceutical Excipients Market

    29. Pharmaceutical Excipients Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Pharmaceutical Excipients Market, Segmentation By Type of Formulation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Pharmaceutical Excipients Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Pharmaceutical Excipients Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Pharmaceutical Excipients Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Archer Daniels Midland Co. Financial Performance
  • Table 28: Associated British Foods Financial Performance
  • Table 29: Dow Chemical Company Financial Performance
  • Table 30: Evonik Financial Performance
  • Table 31: Croda International Plc Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Pharmaceutical Excipients Market, Segmentation By Type of Formulation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Pharmaceutical Excipients Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Pharmaceutical Excipients Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Pharmaceutical Excipients Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Pharmaceutical Excipients Market, Segmentation By Functionality, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Archer Daniels Midland Co. Financial Performance
  • Figure 28: Associated British Foods Financial Performance
  • Figure 29: Dow Chemical Company Financial Performance
  • Figure 30: Evonik Financial Performance
  • Figure 31: Croda International Plc Financial Performance
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