Booming Pharmaceutical Excipients Market Set to Reach $13.9 Billion by 2028
The pharmaceutical excipients market is on an impressive growth trajectory, projected to soar to $13.9 billion by 2028 from its 2023 valuation of $10.0 billion. This robust expansion, at a compound annual growth rate (CAGR) of 6.8%, highlights the sector’s dynamic evolution driven by multiple key factors.
Key Drivers of Market Growth:Increasing Demand for Generic Drugs: As healthcare...
Pharmaceutical Excipients Market worth $10.6 billion by 2026
Expected Revenue Surge:The pharmaceutical excipients market is projected to reach USD 10.6 billion by 2026 from USD 7.9 billion in 2021, at a CAGR of 5.8% during the forecast period.
Major Growth Dynamics:The overall growth of the pharmaceutical excipients market is largely driven by the growing pharmaceuticals market, advancements in functional excipients, and the growing generics market....
Pharmaceutical Excipients Market worth $10.6 billion by 2026
Expected Surge in Revenue:The pharmaceutical excipients market is projected to reach USD 10.6 billion by 2026 from USD 7.9 billion in 2021, at a CAGR of 5.8% during the forecast period.
Major Growth Boosting Factors:The overall growth of the pharmaceutical excipients market is largely driven by the growing pharmaceuticals market, advancements in functional excipients, and the growing generics...
Ashland Global Holdings Inc. (US), DuPont (US), BASF SE (Germany) are the Leading Players in the Pharmaceutical Excipients Market
COVID-19 Impact on Global Pharmaceutical Excipients Market:
The COVID-19 pandemic had a significant impact on the pharma industry. Lockdowns imposed in the wake of the outbreak disrupted the supply of raw materials from manufacturing hubs such as India and China. This slowed drug development and manufacturing, with severe impacts on companies that relied heavily on outsourcing. The entire pharmaceutical...
Pharmaceutical Excipients Market – Emerging Trends & Future Forecasts
The pharmaceutical excipients market is projected to reach USD 9.7 billion by 2025 from USD 6.9 billion in 2019, at a CAGR of 5.8%. Factors such as the growing pharmaceuticals industry coupled with advancements in functional excipients, rising adoption of orphan drugs, and increasing uptake of biopharmaceuticals, are driving the market for pharmaceutical excipients. The emergence of multifunctional...
Pharmaceutical Excipients Market – Global Key Players and Different Strategies Adopted by Them
Expected Revenue Growth:
The global pharmaceutical excipients market is projected to reach USD 9.7 billion by 2025 from USD 6.9 billion in 2019, at a CAGR of 5.8% during the forecast period.
Major Growth Boosters:
The overall growth of the pharmaceutical excipients market is largely driven by the growing pharmaceuticals industry, advancements in functional excipients, and the growing generics...
Pharmaceutical Excipients Market – Key Players & Their Contribution to Global Revenue Growth
Global Overview of This Study:The study involved 4 major activities in estimating the current market size for pharmaceutical excipients market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research....
Shifting Focus of Pharmaceutical Manufacturing to Emerging Countries – Future of the Global Pharmaceutical Excipients Industry
The study involved 4 major activities in estimating the current market size for pharmaceutical excipients market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and...
Pharmaceutical Excipients Market: Industry Leaders | Global Future Forecasts by 2023
[273 Pages Report] The pharmaceutical excipients market was valued at USD 6.07 Billion in 2017 and is expected to reach USD 8.53 Billion by 2023, at a CAGR of 5.9% during the forecast period.
The growing pharmaceutical market along with the advancements in functional excipients, growing generics market propelled by the patent cliffs, and the rapidly growing biopharmaceuticals sector are the major factors...
Pharmaceutical Excipients Market is Expected to Grow at a CAGR of 5.9%
The global pharmaceutical excipients market is projected to reach USD 8.53 billion by 2023 from USD 6.40 billion in 2018, at a CAGR of 5.9%. Factors such as growing pharmaceutical market with the rapid aging population and increasing chronic disease prevalence, advancements in functional excipients, growing generics market, increasing biopharmaceuticals industry, emergence of multifunctional &...