Japan Biopharmaceutical Excipients Market Size & Outlook
Japan biopharmaceutical excipients market, 2018-2030 (US$M)
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Japan biopharmaceutical excipients market highlights
- The Japan biopharmaceutical excipients market generated a revenue of USD 221.1 million in 2023 and is expected to reach USD 295.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.2% 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 221.1 million |
| Market revenue in 2030 | USD 295.4 million |
| Growth rate | 4.2% (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, Japan accounted for 8.5% 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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Japan 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 35.82% in 2023. Horizon Databook has segmented the Japan 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 ranks third in the world with respect to pharmaceutical industries and offers lucrative opportunities to foreign players for entry in the Japanese pharmaceutical industry. This can be attributed to a large network of CROs that help in drug approval procedures and shorten the clinical trial periods.
Key biopharma manufacturers in Japan include Mitsubishi Tanabe, Takeda, Kyowa Hakko Kirin, and Chugai. These players are involved in manufacture and supply of vaccines, antibodies, and protein-based drugs.
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Our clientele includes a mix of biopharmaceutical excipients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into Japan biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan biopharmaceutical excipients market size, by product, 2018-2030 (US$M)
Japan Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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