China Biopharmaceutical Excipients Market Size & Outlook

The biopharmaceutical excipients market in China is expected to reach a projected revenue of US$ 355.3 million by 2030. A compound annual growth rate of 7.6% is expected of China biopharmaceutical excipients market from 2024 to 2030.
Revenue, 2023 (US$M)
$213.2
Forecast, 2030 (US$M)
$355.3
CAGR, 2024 - 2030
7.6%
Report Coverage
China

China biopharmaceutical excipients market, 2018-2030 (US$M)

China

China biopharmaceutical excipients market highlights

  • The China biopharmaceutical excipients market generated a revenue of USD 213.2 million in 2023 and is expected to reach USD 355.3 million by 2030.
  • The China market is expected to grow at a CAGR of 7.6% 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 2023USD 213.2 million
Market revenue in 2030USD 355.3 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentCarbohydrates
Fastest growing segmentPolyols
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSpecialty Excipients/Others, Solubilizes & Surfactants/Emulsifiers, Polyols, Carbohydrates
Key market players worldwideMerck 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, China accounted for 8.2% 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 Asia Pacific, China biopharmaceutical excipients market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 355.3 million by 2030.

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Biopharmaceutical Excipients Market Companies

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China 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 35.83% in 2023. Horizon Databook has segmented the China 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.


In November 2017, China FDA issued Approval of Active Pharmaceutical Ingredients (APIs), Pharmaceutical Excipients and Pharmaceutical Packaging Materials, and Matters Concerning Bundling Review.

Under the terms of new regulations, the pharmaceutical manufacturer is responsible for the selection of excipients for formulation and the excipient manufacturer shall be subject to review of the drug formulation.

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Target buyers of China biopharmaceutical excipients market databook

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Horizon Databook provides a detailed overview of country-level data and insights on the China biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into China biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China biopharmaceutical excipients market size, by product, 2018-2030 (US$M)

China Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)

China biopharmaceutical excipients market size, by product, 2018-2030 (US$M)

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