Saudi Arabia Biopharmaceutical Excipients Market Size & Outlook
Saudi Arabia biopharmaceutical excipients market, 2018-2030 (US$M)
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Saudi Arabia biopharmaceutical excipients market highlights
- The Saudi Arabia biopharmaceutical excipients market generated a revenue of USD 16.1 million in 2023 and is expected to reach USD 23.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, carbohydrates was the largest revenue generating product in 2023.
- Specialty Excipients/Others 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 16.1 million |
| Market revenue in 2030 | USD 23.0 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Specialty Excipients/Others |
| 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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, Saudi Arabia biopharmaceutical excipients market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 17.6 million by 2030.
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Biopharmaceutical Excipients Market Scope
Biopharmaceutical Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 36.02% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
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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 Saudi Arabia biopharmaceutical excipients market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia biopharmaceutical excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia biopharmaceutical excipients market size, by product, 2018-2030 (US$M)
Saudi Arabia Biopharmaceutical Excipients Market Outlook Share, 2023 & 2030 (US$M)
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