Global Excipients Market Size & Outlook, 2023-2030

The excipients industry worldwide is expected to reach a projected revenue of US$ 13,057.0 million by 2030. A compound annual growth rate of 4.1% is expected of the worldwide excipients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,888.0
Forecast, 2030 (US$M)
$13,057.0
CAGR, 2024 - 2030
4.1%
Report Coverage
Worldwide

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 2023USD 9,888.0 million
Market revenue in 2030USD 13,057.0 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentPolymers
Fastest growing segmentAlcohols
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolymers, 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 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

  • Our clientele includes a mix of excipients market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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)

Global excipients market size, by regions, 2018-2030 (US$M)

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