The Pharmaceutical Excipients Market size was valued at USD 10.68 Billion in 2024 and the total Pharmaceutical Excipients revenue is expected to grow at a CAGR of 6.8% from 2025 to 2032, reaching nearly USD 18.07 Billion.
Pharmaceutical Excipients Market Mergers & Acquisitions / Recent Developments
The Pharmaceutical Excipients Market has witnessed significant mergers and acquisitions aimed at enhancing product portfolios and expanding global reach. For instance, in February 2022, Kerry Group Plc acquired biotechnology companies c-LEcta and Enmex to bolster its expertise in precision fermentation and enzyme manufacturing, thereby strengthening its position in the excipients market.
Additionally, companies are investing in research and development to introduce innovative excipients. In June 2023, Ashland launched Polyplasdone Plus, a multifunctional direct compression superdisintegrant, enhancing its product offerings for solid dosage forms. These strategic initiatives reflect the industry’s commitment to innovation and meeting evolving pharmaceutical formulation needs.
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Pharmaceutical Excipients Market Report Scope and Research Methodology :
The primary objective of the Global Pharmaceutical Excipients Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Pharmaceutical Excipients market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Pharmaceutical Excipients industry, segmented both regionally and by segment.
The report on the Pharmaceutical Excipients Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Pharmaceutical Excipients market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Pharmaceutical Excipients industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Pharmaceutical Excipients market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Pharmaceutical Excipients Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Pharmaceutical Excipients Market.
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Pharmaceutical Excipients Market Regional Insights :
Geographically, the report is segmented into several key countries, with Pharmaceutical Excipients market size, growth rate, import and export of Pharmaceutical Excipients market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Pharmaceutical Excipients Market Segmentation :
by Product
Organic Chemicals
Inorganic Chemicals
Others
by Functionality
Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Others
Fillers and diluents, coating agents, disintegrants, suspending and viscosity agents, flavoring agents and sweeteners, and others make up the market’s segments. The pharmaceutical excipients market share is anticipated to be highest during the forecast period, with the binders category dominating the market in 2024. When it comes to the formulation of solid dosage forms like tablets and granules, binder is an essential component. In order to give pharmaceutical formulations cohesive qualities and enable the granulation of powders into compact, cohesive units, binderâalso referred to as adhesives or granulating agentsâis added.
by Formulation
Oral Formulations
Tablets
Capsules
Liquid Formulations
Others
Oral formulations, tablets, capsules, liquid formulations, and others make up the market’s segments. The pharmaceutical excipients market share is anticipated to be highest during the forecast period, with the oral formulation segment dominating the market in 2024. The oral formulation segment, which includes excipients used in the creation of oral dosage forms such tablets, capsules, powders, and solutions meant for oral administration, makes up a sizeable portion of the pharmaceutical excipients industry. Because of their cost-effectiveness, patient acceptability, ease of administration, and convenience, oral formulations are among the most popular and commonly used dosage forms.
by End-User
Pharmaceutical Companies
Biotechnology Companies
Others
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Pharmaceutical Excipients Market Key Players :
North America:
1. Colorcon (United States)
2. Ashland Global Holdings Inc. (United States)
3. Avantor, Inc. (United States)
4. Lubrizol Corporation (United States)
5. Roquette America, Inc. (United States)
6. Dow Chemical Company (United States)
Europe:
7. Croda International Plc (United Kingdom)
8. BASF SE (Germany)
9. Evonik Industries AG (Germany)
10. Meggle Pharma (Germany)
11. JRS Pharma GmbH & Co. KG (Germany)
12. DFE Pharma (Netherlands)
13. Merck KGaA (Germany)
14. Kerry Group plc (Ireland)
Asia-Pacific:
15. Shin-Etsu Chemical Co., Ltd. (Japan)
16. Nipro Corporation (Japan)
17. Colorcon Asia-Pacific (Singapore)
18. Signet Chemical Corporation Pvt. Ltd. (India)
19. Associated British Foods (Australia)
Latin America:
20. Blanver (Brazil)
21. CristĂĄlia (Brazil)
Key Questions answered in the Pharmaceutical Excipients Market Report are:
- What is Pharmaceutical Excipients?
- Which segment held the largest share in the Pharmaceutical Excipients market?
- Which are the key factors driving the Pharmaceutical Excipients market growth?
- Which region holds the maximum share in the Pharmaceutical Excipients market?
- What is the expected CAGR of the Pharmaceutical Excipients market during the forecast period?
- Who are the major players in the Pharmaceutical Excipients market?
- What key trends are expected to emerge in the Pharmaceutical Excipients market in the coming years?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue
- Market Dynamics â Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation â A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape â Top Key Vendors and Other Prominent Vendors
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