Pharmaceutical Excipients Market CAGR of 6.60% during the forecast period of 2024 to 2031

Medicinal Mushroom Market CAGR of 9.85% in the forecast period of 2022-2029.

March 25, 2025

The Pharmaceutical Excipients Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2031. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

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Which are the top companies operating in the Pharmaceutical Excipients Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Pharmaceutical Excipients Market report provides the information of the Top Companies in Pharmaceutical Excipients Market in the market their business strategy, financial situation etc.

Kerry Group plc., DFE Pharma, Cargill, Incorporated, Pfanstiehl, Colorcon, MEGGLE GmbH & Co. KG, Omya AG, Peter Greven GmbH & Co. KG, Ashland., Evonik, Dow, Croda International Plc, Roquette Frères., The Lubrizol Corporation, BASF SE, Avantor, Inc., BENEO, Chemie Trade

Report Scope and Market Segmentation

Which are the driving factors of the Pharmaceutical Excipients Market?

The driving factors of the Pharmaceutical Excipients Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Pharmaceutical Excipients Market - Competitive and Segmentation Analysis:

**Segments**

- Based on type, the Global Pharmaceutical Excipients market is segmented into organic chemicals, inorganic chemicals, and others. Organic chemicals are expected to dominate the market due to their extensive usage in pharmaceutical formulations to improve drug stability and efficacy.
- By functionality, the market is categorized into fillers and diluents, binders, coatings, disintegrants, flavoring agents, lubricants, and others. Fillers and diluents segment is projected to witness significant growth owing to their role in providing bulkiness to solid dosage forms.
- On the basis of form, the market is divided into dry form and liquid form. The dry form segment holds a major market share as it is easy to handle, store and transport compared to liquid excipients.

**Market Players**

- Ashland Global Holdings Inc.
- BASF SE
- Evonik Industries AG
- Roquette
- Archer Daniels Midland Company
- DuPont de Nemours, Inc.
- Kerry Inc.
- Lubrizol Corporation
- Merck KGaA

The Global Pharmaceutical Excipients market is witnessing substantial growth as pharmaceutical companies are focusing on developing innovative formulations to enhance drug delivery and efficacy. The demand for pharmaceutical excipients is escalating due to the rising prevalence of chronic diseases and the increasing need for novel drug delivery systems. Excipients play a vital role in pharmaceutical formulations by aiding in drug absorption, solubility, and stability. The market is also driven by the growing pharmaceutical industry worldwide, advancing healthcare infrastructure, and increasing investments in research and development activities.

In terms of market share, North America is anticipated to lead the Global Pharmaceutical Excipients market due to the presence of prominent pharmaceutical companies, high healthcare expenditure, and robust research and development efforts in the region. Europe and Asia-Pacific are also expected to witness significant growth in the market during the forecast period owing to the expanding pharmaceutical sector, growing geriatric population, and increasing healthcare awareness among the populace.

The key market players in the Global PharmaceuticalThe global pharmaceutical excipients market is highly competitive and fragmented, with several key players vying for market share. Companies such as Ashland Global Holdings Inc., BASF SE, Evonik Industries AG, Roquette, Archer Daniels Midland Company, DuPont de Nemours, Inc., Kerry Inc., Lubrizol Corporation, and Merck KGaA are at the forefront of driving innovation and catering to the evolving needs of the pharmaceutical industry. These companies are heavily investing in research and development to introduce new excipients with enhanced functionalities, improved drug delivery mechanisms, and increased safety profiles.

Ashland Global Holdings Inc. is known for its wide range of pharmaceutical excipients that cater to various formulation needs. BASF SE, on the other hand, focuses on sustainability and environmentally friendly excipients, aligning with the industry's shift towards more eco-conscious practices. Evonik Industries AG is a key player in the market, known for its expertise in specialty excipients that cater to specific drug delivery requirements. Roquette, with its focus on natural and plant-based excipients, is tapping into the growing demand for clean label pharmaceutical products.

Archer Daniels Midland Company is a prominent player offering a diverse portfolio of excipients for different dosage forms and therapeutic areas. DuPont de Nemours, Inc., known for its innovation and technological advancements, continuously introduces novel excipients to address complex formulation challenges. Kerry Inc. focuses on customized excipient solutions to meet the unique requirements of pharmaceutical companies. Lubrizol Corporation stands out for its focus on excipients for parenteral formulations, ensuring safety and efficacy in injectable drugs. Lastly, Merck KGaA is a global leader in providing high-quality excipients for pharmaceutical formulations, meeting stringent regulatory standards and quality requirements.

Overall, the global pharmaceutical excipients market is poised for significant growth in the coming years, driven by the increasing demand for advanced drug delivery systems, the rising prevalence of chronic diseases, and the continuous push for enhanced pharmaceutical formulations. With key marketThe global pharmaceutical excipients market is expected to witness substantial growth in the coming years, driven by key factors such as the increasing prevalence of chronic diseases, the demand for advanced drug delivery systems, and the continuous innovation in pharmaceutical formulations. The market is highly competitive, with several major players like Ashland Global Holdings Inc., BASF SE, Evonik Industries AG, Roquette, Archer Daniels Midland Company, DuPont de Nemours, Inc., Kerry Inc., Lubrizol Corporation, and Merck KGaA leading the way in driving innovation and meeting the evolving needs of the pharmaceutical industry.

These market players offer a wide range of pharmaceutical excipients catering to various formulation needs, including fillers and diluents, binders, coatings, disintegrants, and lubricants, among others. Companies like BASF SE focus on sustainability and environmentally friendly excipients, aligning with the industry's shift towards more eco-conscious practices, while others like Roquette specialize in natural and plant-based excipients to meet the growing demand for clean label pharmaceutical products.

With North America anticipated to lead the market due to the presence of prominent pharmaceutical companies and robust R&D efforts, regions like Europe and Asia-Pacific are also expected to witness significant growth fueled by the expanding pharmaceutical sector and increasing healthcare awareness. The global pharmaceutical excipients market is expected to continue to grow as pharmaceutical companies focus on developing innovative formulations to enhance drug delivery, efficacy, and patient outcomes.

Overall, the market is poised for growth, with key

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Pharmaceutical Excipients Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Pharmaceutical Excipients Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Pharmaceutical Excipients Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

The countries covered in the Pharmaceutical Excipients Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa

Detailed TOC of Pharmaceutical Excipients Market Insights and Forecast to 2031

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Pharmaceutical Excipients Market Landscape

Part 05: Pipeline Analysis

Part 06: Pharmaceutical Excipients Market Sizing

Part 07: Five Forces Analysis

Part 08: Pharmaceutical Excipients Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Pharmaceutical Excipients Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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