Europe Excipients Market Size & Outlook, 2023-2030
Europe excipients market, 2018-2030 (US$M)
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Europe excipients market highlights
- The Europe excipients market generated a revenue of USD 3,682.4 million in 2023.
- The market is expected to grow at a CAGR of 4% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,682.4 million |
| Market revenue in 2030 | USD 4,847.7 million |
| Growth rate | 4% (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 |
| 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, Europe region accounted for 37.2% of the global excipients market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,723.7 million by 2030.
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Excipients Market Scope
Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 45.67% in 2023. Horizon Databook has segmented the Europe excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the largest market share with respect to both revenue generation and volume. The major factor driving growth in this region is presence of European Medicines Agency’s scientific guidelines on excipients which facilitates pharmaceutical entities to prepare marketing authorization applications for human medicines.
The regulatory agencies are involved in enacting new regulations such as EU Falsified Medicines Directive (FMD or Directive 2011/62/EU) for prevention of drug adulteration in excipients as well as API.
Moreover, in 2015, the European Union Commission issued final guidelines on GMP for excipients of pharmaceutical candidate for human use to ensure proper and safe use of excipients.
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Target buyers of Europe 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Europe excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Europe excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe excipients market size, by country, 2018-2030 (US$M)
Europe Excipients Market Outlook Share, 2023 & 2030 (US$M)
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