Excipients Market Dynamics and Product Segments By 2025 “The global Excipients Market is estimated to reach US$ 6.9 billion by 2025 and is anticipated to grow with a CAGR of 6.02% throughout the forecast period. An excipient is an active ingredient of medication for long-term stabilization and for bulking up solid formulations. Also, exclusively used in the manufacturing process for handling the active substance like facilitating powder flowability.”
The global Excipients Market is estimated to reach US$ 6.9 billion by 2025 and is anticipated to grow with a CAGR of 6.02% throughout the forecast period. An excipient is an active ingredient of medication for long-term stabilization and for bulking up solid formulations. Also, exclusively used in the manufacturing process for handling the active substance like facilitating powder flowability. The factors that are playing a major role in the growth of excipients industry are the rising reach of generic medicines, the high demand for newer excipients, the developing generics market, and the rising demand from end-users. However, the rising regulatory stringency and the high cost & time-consuming process may restrain the overall market in the years to come. Excipients market is segmented based on product type, formulation, and region. Gelatin, polymers, minerals, alcohols, and sugars are the product types that could be explored in excipients industry in the forecast period. Polymers sector comprises acrylic polymers, MCC, polyethylene glycol, HPMC, sodium starch glycolate, ethyl cellulose, and others. Minerals sector comprises titanium dioxide, calcium phosphate, silicon dioxide, calcium carbonate, and others. Whereas, alcohols sector comprises mannitol, glycerin, sorbitol, propylene glycol, and others. Sugars sector comprises sucrose and lactose. Polymers sector accounted for the substantial share of excipients market in terms of volume and revenues and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the high demand from pharma sector and its rising use in several dosage forms like tablets, suspensions, and capsules. In addition, sugars sector is estimated to grow at the fastest pace in the years to come.
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