India Excipients Market Size & Outlook, 2023-2030

The excipients market in India is expected to reach a projected revenue of US$ 360.9 million by 2030. A compound annual growth rate of 5.1% is expected of India excipients market from 2024 to 2030.
Revenue, 2023 (US$M)
$254.9
Forecast, 2030 (US$M)
$360.9
CAGR, 2024 - 2030
5.1%
Report Coverage
India

India excipients market highlights

  • The India excipients market generated a revenue of USD 254.9 million in 2023 and is expected to reach USD 360.9 million by 2030.
  • The India market is expected to grow at a CAGR of 5.1% 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 2023USD 254.9 million
Market revenue in 2030USD 360.9 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentPolymers
Fastest growing segmentAlcohols
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolymers, Alcohols, Sugars, Minerals, Gelatin
Key market players worldwideEastman 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, India accounted for 2.6% 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 Asia Pacific, China excipients market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 793.8 million by 2030.

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Excipients Market Companies

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India 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 India excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the India excipients market , including forecasts for subscribers. This country databook contains high-level insights into India excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India excipients market size, by product, 2018-2030 (US$M)

India Excipients Market Outlook Share, 2023 & 2030 (US$M)

India excipients market size, by product, 2018-2030 (US$M)

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