Asia Pacific Biopharmaceutical Excipients Market Size & Outlook
Asia Pacific biopharmaceutical excipients market, 2018-2030 (US$M)
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Asia Pacific biopharmaceutical excipients market highlights
- The Asia Pacific biopharmaceutical excipients market generated a revenue of USD 761.3 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, carbohydrates was the largest revenue generating product in 2023.
- Polyols is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 761.3 million |
| Market revenue in 2030 | USD 1,140.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Polyols |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Excipients/Others, Solubilizes & Surfactants/Emulsifiers, Polyols, Carbohydrates |
| Key market players worldwide | Merck KGaA, Basf SE, Associated British Foods PLC, IMCD NV, Clariant AG, Evonik Industries AG, Colorcon, Sigachi, Spectrum Chemical Manufacturingrp, Roquette America, DFE Pharma, J. Rettenmaier & Söhne |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.3% of the global biopharmaceutical excipients market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,140.9 million by 2030.
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Biopharmaceutical Excipients Market Scope
Biopharmaceutical Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific biopharmaceutical excipients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biopharmaceutical excipients market will help companies and investors design strategic landscapes.
Carbohydrates was the largest segment with a revenue share of 35.86% in 2023. Horizon Databook has segmented the Asia Pacific biopharmaceutical excipients market based on specialty excipients/others, solubilizes & surfactants/emulsifiers, polyols, carbohydrates covering the revenue growth of each sub-segment from 2018 to 2030.
Japan, China, and India are the major contributors to the revenue generated in APAC region in 2018 and are expected to maintain this position throughout the forecast period. Increasing disease incidence and growing demand for low-cost drugs have propelled the China and India biopharmaceuticals market growth.
Presence of a number of local drug manufacturers and significant patient pool across APAC countries have majorly contributed to the volume recorded for biopharmaceutical excipients throughout the forecast period.
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Target buyers of Asia Pacific biopharmaceutical excipients market databook
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Our clientele includes a mix of biopharmaceutical excipients market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biopharmaceutical excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biopharmaceutical excipients market size, by country, 2018-2030 (US$M)
Asia Pacific Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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