Canada Excipients Market Size & Outlook, 2023-2030
Canada excipients market, 2018-2030 (US$M)
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Canada excipients market highlights
- The Canada excipients market generated a revenue of USD 380.7 million in 2023 and is expected to reach USD 503.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, polymers was the largest revenue generating product in 2023.
- Alcohols is the most lucrative product segment registering the fastest growth during the forecast period.
Excipients market data book summary
| Market revenue in 2023 | USD 380.7 million |
| Market revenue in 2030 | USD 503.0 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Polymers |
| Fastest growing segment | Alcohols |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Alcohols, Sugars, Minerals, Gelatin |
| Key market players worldwide | Eastman Chemical Co, Procter & Gamble Co, Avantor Inc, Huntsman Corp, Basf SE, Ashland Inc, FMC Corp, The Lubrizol Corp, Bausch Health Companies Inc, JRS Pharma, Shin-Etsu Chemical Co Ltd, DFE Pharma, Actylis, Roquette America, Colorcon |
Other key industry trends
- In terms of revenue, Canada accounted for 3.9% of the global excipients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. excipients market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 503.0 million by 2030.
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Excipients Market Scope
Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 45.68% in 2023. Horizon Databook has segmented the Canada excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
Canada excipients market is driven as a consequence of incorporation of novel features in already existing excipients in order to improve efficacy as well as potential utility in drug development. For instance, in 2014, co-processed excipients were developed using acacia and calcium carbonate for designing and evaluation of atorvastatin calcium tablets.
The paper elaborating this development is published in PubMed Canada. Moreover, companies, such as Chemroy, which is involved in providing Canadian pharmaceutical industry with GMP compliant excipients is expected to boost revenue generation in Canadian market of excipients.
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Target buyers of Canada 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 country-level data and insights on the Canada excipients market , including forecasts for subscribers. This country databook contains high-level insights into Canada excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada excipients market size, by product, 2018-2030 (US$M)
Canada Excipients Market Outlook Share, 2023 & 2030 (US$M)
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