Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Pharmaceutical Excipients Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Pharmaceutical
Excipients Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Pharmaceutical Excipients Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Pharmaceutical
Excipients Market is offered. In
accordance with the report, the global Pharmaceutical Excipients Market is projected to expand at a CAGR of 5.7% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Pharmaceutical
excipients play an important role in ensuring the stability of APIs,
maintaining optimum pH and osmolality of liquid based pharmaceutical drugs.
They are used as binders to holds the ingredients, as a protective coating,
flavoring agents, and color compounds. The excipients are manufactured in
solid, liquid, and semi-solid forms which depending upon the drug formulation.
The pharmaceutical composition, mode of administration and clinical application
of the pharmaceutical drug are taken into consideration for in manufacturing
pharmaceutical excipients.
Pharmaceutical
excipients that form the bulk of the tablet as filling and binding blocks
besides active pharmaceutical ingredients (APIs) in pharmaceutical drugs are
known as diluents, for e.g. lactose and calcium carbonate. Certain excipients
work as lubricants during drug manufacturing by preventing the pharmaceutical
drugs from sticking to tablet punches such as stearic acid.
The
pharmaceutical excipients manufactured at a commercial level for highly
specialized pharmaceutical applications include oleochemicals such as glycols,
specialty esters, mineral stearates, hard fats, and glycerine derivatives used
in topical ointments. Similarly, Kollidons and Kollicoats are used for the
purpose of binding and coatings respectively.
The overall
demand has increased for the pharmaceutical excipients market and outsourcing
of excipients is moving up as an opportunistic strategic approach by the
pharmaceutical industry. Further, increased investment in the manufacturing
units from leading pharmaceutical companies for new drug development will have
trickle-down effect on the excipients market. New excipients that have acquired
patent rights in the market such as Kollidons and Kollicoats will also boost
overall growth in this market.
Numerous mergers
and collaborations among the large and mid-sized players in the pharmaceutical
excipients market and technological innovations in the bio chemical industry
will act as a catalyst to the production capacity of market players in the
pharmaceutical excipients market. Thus, the manufacturers could tap this
business opportunity through acquisitions to target their pharmaceutical
customer base in this highly dynamic market environment. .
Globalization has
led to a shift in pharmaceutical excipients manufacturing from the developed
countries to the developing nations of the world due to factors such as lower
manufacturing and labor cost coupled with high skills and expertise. Moreover,
the loss of patent for various blockbuster drugs has triggered growth in the
generic drug market, which can have a spillover effect on the growth of
excipients market. Considering these trends, there is a conducive market
environment for local pharmaceutical and excipients companies in the emerging
markets. The players seeking an entry can invest in new drug formulations such
as specialty excipient blends, which is a value addition to pharmaceutical
drugs. The pharmaceutical excipients market would remain attractive in the
future due to significant growth in the popular and top selling drugs. In
addition, oral formulations such as delayed or extended-release capsules will
tend to boost growth in this market share.
Segment Covered:
This market
intelligence report on the global Pharmaceutical Excipients Market encompasses market segments based on product, functionality,
formulation and country.
In terms of product, the Pharmaceutical Excipients Market is segregated
into:
Ø Organic
Chemicals
v Oleochemicals
ü Fatty Alcohols
ü Mineral Stearates
ü Glycerin
ü Other Oleochemicals
v Carbohydrates
v Sugars
ü Actual Sugars
o
Lactose
o
Sucrose
o
Dextrose
(D-Glucose)
ü Alcohols
o
Mannitol
o
Sorbitol
o
Other Sugar
Alcohols
ü Artificial Sweeteners
v Cellulose
ü Microcrystalline Cellulose
ü Cellulose Ethers
ü CMC and Croscarmellose Sodium
ü Cellulose Esters
v Starch
ü Modified Starch
ü Dried Starch
ü Converted Starch
v Petrochemicals
ü Glycols
o
Polyethylene
Glycol
o
Propylene Glycol
ü Povidones
ü Mineral Hydrocarbons
o
PetRoLAtum
o
Mineral Waxes
o
Mineral Oils
ü Acrylic Polymers
ü Other Petrochemicals
v Proteins
v Other Organic Chemicals
Ø Inorganic
Chemicals
v Calcium Phosphate
v Metal Oxides
v Halites
v Calcium Carbonate
v Calcium Sulfate
v Other Inorganic Chemicals
Ø Other Chemicals
By functionality, the Pharmaceutical Excipients Market is
segregated into:
Ø Fillers & Diluents
Ø Suspending & Viscosity Agents
Ø Coating Agents
Ø Binders
Ø Flavoring Agents & Sweeteners
Ø Disintegrants
Ø Colorants
Ø Lubricants & Glidants
Ø Preservatives
Ø Emulsifying Agents
Ø Other Functionalities
By formulation, the Pharmaceutical Excipients Market is
segregated into:
Ø Oral Formulations
v Tablets
v Capsules
o
Hard Gelatin
Capsules
o
Soft Gelatin
Capsules
v Liquid Formulations
Ø Topical Formulations
Ø Parenteral Formulations
Ø Other Formulations
By country/region, the global Pharmaceutical
Excipients Market has been divided into :
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as -
·
Dupont De
Nemours, Inc.
·
Roquette Frères
·
Ashland Global
Holdings Inc.
·
Evonik
Industries AG
·
BASF SE
·
Kerry Group PLC
·
Croda
International
·
Associated
British Foods PLC
·
Archer Daniels
Midland Company
·
Lubrizol
Corporation
·
Innophos
Holdings Inc.
·
WACKER Chemie AG
·
Air Liquide S.A.
·
Colorcon Inc.
·
DMV-Fonterra
Excipients GmbH & Co. Kg
·
JRS Pharma GmbH
& Co. Kg
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Pharmaceutical Excipients related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Pharmaceutical
Excipients Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Pharmaceutical Excipients Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Dupont, Evonik, BASF and Lubrizol among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Pharmaceutical Excipients caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Pharmaceutical
Excipients Market The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Pharmaceutical Excipients Market
v
Identification
of key factors driving investment opportunities in the Pharmaceutical
Excipients Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants