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Pharmaceutical Excipients Market Share

Report ID: GMI8780
Published Date: Apr 2024
Report Format: PDF

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Pharmaceutical Excipients Market Share

The competitive landscape of the pharmaceutical excipients industry is characterized by the presence of established pharmaceutical companies vying for market share. Key players are engaging in strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their product portfolios. The companies are actively adopting a multi-pronged approaches to address the rising demand for effective pharmaceutical excipients.

Pharmaceutical Excipients Market Companies

Prominent players operating in the pharmaceutical excipients industry are as mentioned below:

Air Liquide S.A.
Archer Daniels Midland Company
Ashland
Associated British Foods PLC
BASF SE
Croda International PLC
Evonik Industries AG
Innophos
Kerry Group plc
Merck KGaA

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of pharmaceutical excipients reached USD 9.1 billion in 2023 and is set to cross USD 18 billion by 2032, led by the growing adoption of biopharmaceuticals and biologics.

Binders functionality segment 18.7% of the market share in 2023, driven by advancements in drug delivery technologies.

North America pharmaceutical excipients industry held a revenue share of 42.7% in 2023, driven by rapidly expanding pharmaceutical sector and rising demand for functional excipients.

Air Liquide S.A., Archer Daniels Midland Company, Ashland, Associated British Foods PLC, BASF SE, Croda International PLC, Evonik Industries AG, Innophos and Kerry Group plc among others.