Global Excipients Market Size & Outlook, 2023-2030
Global excipients market, 2018-2030 (US$M)
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Global excipients market highlights
- The global excipients market generated a revenue of USD 9,888.0 million in 2023 and is expected to reach USD 13,057.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.1% by 2030.
- In terms of segment, polymers accounted for a revenue of USD 4,515.2 million in 2023.
- Alcohols is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,888.0 million |
| Market revenue in 2030 | USD 13,057.0 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Polymers |
| Fastest growing segment | Alcohols |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Alcohols, Sugars, Minerals, Gelatin |
Other key industry trends
- In terms of revenue, the North America accounted for 31.8% of the global excipients market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 585.6 million by 2030.
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Excipients Market Scope
Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 excipients market will help companies and investors design strategic landscapes.
Polymers was the largest segment with a revenue share of 45.66% in 2023. Horizon Databook has segmented the Global excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Excipients Product Outlook (Revenue, USD Million, 2018-2030)
- Polymers
- Alcohols
- Sugars
- Minerals
- Gelatin
- Global Excipients Function Outlook (Revenue, USD Million, 2018-2030)
- Fillers and Diluents
- Suspending & Viscosity Agents
- Coating Agents
- Binders
- Flavoring Agents & Sweeteners
- Disintegrants
- Colorants
- Lubricants and Glidants
- Preservatives
- Emulsifying Agents
- Other Functions
- Global Excipients Formulation Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Topical
- Parenteral
- Other Formulations
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Target buyers of Global excipients market databook
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Our clientele includes a mix of excipients market companies, investment firms, advisory firms & academic institutions.
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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 global-level data and insights on the Global excipients market , including forecasts for subscribers. This global databook contains high-level insights into Global excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global excipients market size, by regions, 2018-2030 (US$M)
Top 10 countries: Excipients market size, 2023 (US$M)
Global excipients market share, by product, 2023 & 2030 (%, US$M)
Excipients market: Opportunity assessment by country
Global excipients market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,554.9 | 2,652.0 | 2,756.0 | 2,908.1 | 3,021.3 | 3,140.8 | 3,264.2 | 3,393.9 | 3,530.4 | 3,672.9 | 3,821.7 | 3,977.1 | 4,139.4 | 4.0% |
| Europe | 2,997.8 | 3,111.3 | 3,232.8 | 3,410.7 | 3,542.9 | 3,682.4 | 3,826.4 | 3,977.9 | 4,137.2 | 4,303.5 | 4,477.1 | 4,658.4 | 4,847.7 | 4.0% |
| Asia Pacific | 1,616.7 | 1,684.1 | 1,756.4 | 1,859.9 | 1,939.2 | 2,023.0 | 2,109.8 | 2,201.3 | 2,297.9 | 2,397.1 | 2,501.0 | 2,609.8 | 2,723.7 | 4.3% |
| Latin America | 546.2 | 568.6 | 592.6 | 627.0 | 653.3 | 681.0 | 709.8 | 740.1 | 772.0 | 800.8 | 830.7 | 861.9 | 894.4 | 4.0% |
| MEA | 316.7 | 323.9 | 331.6 | 344.6 | 352.6 | 360.8 | 369.0 | 377.5 | 386.3 | 401.6 | 417.6 | 434.3 | 451.8 | 3.3% |
| Overall | 8,032.3 | 8,339.9 | 8,669.3 | 9,150.4 | 9,509.2 | 9,888.0 | 10,279.2 | 10,690.7 | 11,123.6 | 11,575.8 | 12,048.1 | 12,541.5 | 13,057.0 | 4.1% |
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