Global Pharmaceutical Excipients Market is Growing at a CAGR of 15.1% in 2026

Global Pharmaceutical Excipients Market By Product(Organic Chemicals, Inorganic Chemicals, Other Chemicals) Functionality (Fillers & Diluents , Suspending & Viscosity Agents, Coating Agents, Binders, Flavoring Agents & Sweeteners, Disintegrants , Colorants ,Lubricants & Glidants , Preservatives, Emulsifying Agents, Other Functionalities), Type of Formulation (Oral Formulations, Topical Formulations, Parenteral Formulations, Other Formulations)

Market Analysis: Global Pharmaceutical Excipients Market

Global Pharmaceutical Excipients Market is registering a substantial CAGR of 6.78% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in the market can be attributed to rising of prescribed drugs, generics markets and consumption of biopharmaceuticals.

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Market Definition: Global Pharmaceutical Excipients Market

An excipient is a substance which is formulated in conjunction with the active ingredients of a medicine, included for bulking up solid formulations and for long-term stabilization, containing effective active ingredients in small amounts or providing a therapeutic improvement in the final dose type of the active ingredient, such as facilitating drug absorption, reducing consistency or improving solubility. Excipient products can also be useful in the manufacturing technique to assist in managing active substance issues such as enabling the capacity to handle dust or non-stick characteristics, as well as helping in vivo stabilization such as denaturation interference or aggregation over the anticipated span of moment.

Market Drivers

  • Growth of the prescribed drugs market backed by useful excipients is driving the growth of the market
  • A surge within the generics market is propelling the growth of the market
  • Increasing consumption of biopharmaceuticals is boosting the growth of the market
  • Rising adoption of orphan medication is contributing to the growth of the market

Market Restraints

  • Cost and time demanding drug development process is restricting the growth of the market
  • Increasing regulatory inflexibility is hindering the growth of the market

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Segmentation: Global Pharmaceutical Excipients Market

By Product

  • Organic Chemicals
    • Oleochemicals
      • Fatty Alcohols
      • Mineral Stearates
      • Glycerin
      • Other Oleochemicals
    • Carbohydrates
      • Sugars
        • Actual Sugars
          • Lactose
          • Sucrose
          • Dextrose (D-Glucose)
        • Sugar Alcohols
          • Mannitol
          • Sorbitol
          • Other Sugar Alcohols
        • Artificial Sweeteners
      • Cellulose
        • Microcrystalline Cellulose
        • Cellulose Ethers
        • CMC and Croscarmellose Sodium
        • Cellulose Esters
      • Starch
        • Modified Starch
        • Dried Starch
        • Converted Starch
      • Petrochemicals
        • Glycols
          • Polyethylene Glycol
          • Propylene Glycol
        • Povidones
        • Mineral Hydrocarbons
          • Petrolatum
          • Mineral Waxes
          • Mineral Oils
        • Acrylic Polymers
        • Other Petrochemicals
      • Proteins
      • Other Organic Chemicals
    • Inorganic Chemicals
      • Calcium Phosphate
      • Metal Oxides
      • Halites
      • Calcium Carbonate
      • Calcium Sulfate
      • Other Inorganic Chemicals
    • Other Chemicals

By Functionality

  • Fillers & Diluents
  • Suspending & Viscosity Agents
  • Coating Agents
  • Binders
  • Flavoring Agents & Sweeteners
  • Disintegrants
  • Colorants
  • Lubricants & Glidants
  • Preservatives
  • Emulsifying Agents
  • Other Functionalities

By Type of Formulation

  • Oral Formulations
    • Tablets
    • Capsules
      • Hard Gelatin Capsules
      • Soft Gelatin Capsules
    • Liquid Formulations
  • Topical Formulations
  • Parenteral Formulations
  • Other Formulations

Key Developments in the Market:

In July 2019, The Lubrizol Corporation announced the acquisition of Bavaria Medizin Technologies (BMT) from its current primary shareholder, Custos Vermögensverwaltungs, as well as from minority shareholders by its German subsidiary named Lubrizol Deutschland. This purchase creates Lubrizol’s skills in precision thermoplastic extrusion and product development, creating Lubrizol as a real end-to-end participant in the global pharmaceutical industries and medical device.

In December 2018, Roquette announced the closure of the purchase of a large interest in Crest Cellulose from Pravesha Industries, India’s leading pharmaceutical packaging firm. The development of this joint venture will strengthen Roquette’s place as a leading supplier of pharmaceutical trade and a worldwide player in advanced natural pharmaceutical excipients. Adding both business authority and manufacturing capacities will provide solid knowledge and track record in the industry for pharmaceutical excipients. They will create fresh possibilities for both Roquette’s and Crest Cellulose’s clients and staff, as both companies maintain a dedication to development, performance, and efficiency.

Competitive Analysis:

Global Pharmaceutical Excipients Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Pharmaceutical Excipients Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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