Global Excipients (Polymers, Alcohols, Sugars, Minerals, Gelatin) Market Report 2023: Polymer Excipients Dominated the Market in 2022

News provided by

25 Aug, 2023, 21:15 ET

Share this article

DUBLIN, Aug. 25, 2023 /PRNewswire/ -- The "Excipients Market Size, Share & Trends Analysis By Product (Polymers, Alcohols, Sugars, Minerals, Gelatin), By Formulation (Oral, Topical), By Function (Binders, Coating Agents), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Charting a Resilient Path: Global Excipients Market Projected to Reach USD 13.05 Billion by 2030 with a Steady 4.03% CAGR

In a trajectory characterized by steadfast growth, the global excipients market is poised to attain a significant milestone, projecting an impressive reach of USD 13.05 billion by the year 2030, fostered by a consistent Compound Annual Growth Rate (CAGR) of 4.03% spanning the years 2022 to 2030.

This upward trend finds its impetus in the expanding footprint of generic medicines on a global scale, a pivotal factor propelling the market's expansion. Concurrently, the surging demand for novel excipients, fueled by the promise of enhanced drug delivery mechanisms and bolstered stability, further fuels the market's ascent.

Integral to the pharmaceutical landscape, excipients play a pivotal role in enhancing the overall activity and performance of pharmaceutical formulations. Their influence is far-reaching, directly impacting the characteristics of pharmaceutical products. A judiciously employed excipient can significantly extend the shelf life and enhance the bioavailability of a formulation.

Moreover, these multifaceted components also find utility in fine-tuning drug delivery mechanisms, encompassing both sustained and rapid-release medications, thereby revolutionizing the landscape of pharmaceutical science.

Polymers were the largest product category in 2021 based on revenue and volume and are expected to maintain a comparatively moderate growth rate over the forecast period. Microcrystalline cellulose was the leading polymer in this category, accounting for a share of over 26.0% in 2021.

Sugars are expected to observe the fastest growth over the coming years, exhibiting an estimated CAGR of 6.9% from 2022 to 2030. Sugars can play an instrumental role in increasing solubility, taste masking, dissolution, and drug delivery, which can drive its market.

The Market is significantly driven by the increasing demand for pharmaceutical products due to the COVID-10 virus outbreak. The development of the COVID-19 vaccine was one of the major drivers for this market growth. Many key organizations capitalized on the opportunities that arose during the pandemic and witnessed significant growth.

Excipients Market Report Highlights

Key Attributes:

Report Attribute

Details

No. of Pages

104

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$9.51 Billion

Forecasted Market Value (USD) by 2030

$13.05 Billion

Compound Annual Growth Rate

4.0 %

Regions Covered

Global

Competitive Landscape

Company Profiles

Key Topics Covered: Chapter 1 Research MethodologyChapter 2 Executive SummaryChapter 3 Excipients Market Variables, Trends & Scope3.1 Market Segmentation & Scope3.1.1 Market driver analysis3.1.1.1 Growing pharmaceutical market3.1.1.2 Rising demand for novel excipients3.1.1.3 Patent cliffs driving the growth of excipients in the generics market3.1.2 Market restraint analysis3.1.2.1 Stringent rules by regulatory bodies3.2 Penetration & Growth Prospect Mapping for Products, 20223.3 Excipients Market - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)3.4 Industry Analysis - Porter'sChapter 4 Excipients Market: Product Estimates & Trend Analysis4.1 Global Excipients Market: Product Movement Analysis4.2 Polymers4.2.1 Global polymers market, 2018 - 2030 (USD Million, Tons)4.2.2 Micro Crystalline Cellulose (MCC)4.2.3 Hydroxyl Propyl Methyl Cellulose (HPMC)4.2.4 Ethyl cellulose4.2.5 Methyl cellulose4.2.6 Carboxyl Methyl Cellulose (CMC)4.2.7 Croscarmellose sodium4.2.8 Povidone4.2.9 Pregelatinized starch4.2.10 Sodium starch glycolate4.2.11 Polyethylene glycol4.2.12 Acrylic polymers4.3 Alcohol4.3.1 Global alcohol market, 2018 - 2030 (USD Million, Tons)4.3.2 Glycerin4.3.3 Propylene glycol4.3.4 Sorbitol4.3.5 Mannitol4.4 Minerals4.4.1 Global minerals market, 2018 - 2030 (USD Million, Tons)4.4.2 Calcium phosphate4.4.3 Calcium carbonate4.4.4 Clay4.4.5 Silicon dioxide4.4.6 Titanium dioxide4.5 Sugar & Others4.5.1 Global sugar market, 2018 - 2030 (USD Million, Tons)4.5.2 Lactose4.5.3 Sucrose4.6 GelatinChapter 5 Excipients Market: Formulation Estimates & Trend Analysis5.1 Global Excipients Market: Formulation Movement Analysis5.2 Oral5.3 Topical5.4 ParenteralChapter 6 Excipients Market: Function Estimates & Trend Analysis6.1 Global Excipients Market: Function Movement Analysis6.2 Fillers and Diluents6.3 Suspending & Viscosity Agents6.4 Coating Agents6.5 Binders6.6 Flavoring Agents & Sweeteners6.7 Disintegrants6.8 Colorants6.9 Lubricants and Glidants6.10 Preservatives6.11 Emulsifying Agents

For more information about this report visit https://www.researchandmarkets.com/r/gq4009

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:Research and MarketsLaura Wood, Senior Manager[email protected] For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets