India Biopharmaceutical Excipients Market Size & Outlook
India biopharmaceutical excipients market, 2018-2030 (US$M)
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India biopharmaceutical excipients market highlights
- The India biopharmaceutical excipients market generated a revenue of USD 124.5 million in 2023 and is expected to reach USD 197.9 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% 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 124.5 million |
| Market revenue in 2030 | USD 197.9 million |
| Growth rate | 6.8% (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, India accounted for 4.8% 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 Scope
Biopharmaceutical Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 35.9% in 2023. Horizon Databook has segmented the India 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.
Improved R&D and manufacturing infrastructure drive the biopharmaceuticals market. India’s robust growth in the pharmaceutical industry is reflected through increasing number of Drug Master Files (DMFs) submitted to the U.S. FDA.
Many international players have established their position in India either through constructing their own manufacturing facilities or entering into a partnership with local players.
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Target buyers of India 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 India biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into India biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India biopharmaceutical excipients market size, by product, 2018-2030 (US$M)
India Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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