North America Excipients Market Size & Outlook, 2023-2030
North America excipients market, 2018-2030 (US$M)
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North America excipients market highlights
- The North America excipients market generated a revenue of USD 3,140.8 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,140.8 million |
| Market revenue in 2030 | USD 4,139.4 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, North America region accounted for 31.8% 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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North America 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 North America excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of organizations such as International Pharmaceutical Excipients Council of the Americas in Virginia and Pharmaceutical Research and Manufacturers of America in Washington are attributive for the larger revenue share of the region.
Moreover, ExcipientFest carried out in America has been the leading educational conference and expo that is devoted to scientific, regulatory and sourcing developments in pharmaceutical excipients for over 16 years. Such initiatives taken up by the government is expected to drive growth in the excipients market in the coming years.
In addition to this, International Pharmaceutical Excipients Council of the Americas (IPEC), which operates by uniting the excipients makers and users network is expected to drive industrial growth of this region over the forecast period.
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Our clientele includes a mix of excipients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America excipients market , including forecasts for subscribers. This continent databook contains high-level insights into North America excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America excipients market size, by country, 2018-2030 (US$M)
North America Excipients Market Outlook Share, 2023 & 2030 (US$M)
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