Canada Biopharmaceutical Excipients Market Size & Outlook
Canada biopharmaceutical excipients market, 2018-2030 (US$M)
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Canada biopharmaceutical excipients market highlights
- The Canada biopharmaceutical excipients market generated a revenue of USD 36.6 million in 2023 and is expected to reach USD 53.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.6% 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.
Biopharmaceutical excipients market data book summary
| Market revenue in 2023 | USD 36.6 million |
| Market revenue in 2030 | USD 53.5 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Polyols |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 1.4% of the global biopharmaceutical excipients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biopharmaceutical excipients market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 53.5 million by 2030.
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Biopharmaceutical Excipients Market Scope
Biopharmaceutical Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 35.79% in 2023. Horizon Databook has segmented the Canada 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.
Pharmaceutical industry in Canada is set to witness series of innovations in the coming years wherein large-scale investments in research activities is expected to play a pivotal role.
This is further fueled by manufacturers focused on developing of novel prescription biopharmaceuticals. Adoption of new business approaches by extending international network and collaborations is expected to increase the consumption and demand for biopharmaceuticals in Canada.
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Target buyers of Canada 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Canada biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into Canada biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biopharmaceutical excipients market size, by product, 2018-2030 (US$M)
Canada Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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