Saudi Arabia Excipients Market Size & Outlook, 2023-2030

The excipients market in Saudi Arabia is expected to reach a projected revenue of US$ 122.9 million by 2030. A compound annual growth rate of 3.3% is expected of Saudi Arabia excipients market from 2024 to 2030.
Revenue, 2023 (US$M)
$98.1
Forecast, 2030 (US$M)
$122.9
CAGR, 2024 - 2030
3.3%
Report Coverage
Saudi Arabia

Saudi Arabia excipients market highlights

  • The Saudi Arabia excipients market generated a revenue of USD 98.1 million in 2023 and is expected to reach USD 122.9 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 3.3% 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 98.1 million
Market revenue in 2030USD 122.9 million
Growth rate3.3% (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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, Saudi Arabia excipients market is projected to lead the regional market in terms of revenue in 2030.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 37.3 million by 2030.

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Excipients Market Companies

Name Profile # Employees HQ Website

Saudi Arabia 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 45.57% in 2023. Horizon Databook has segmented the Saudi Arabia 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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Target buyers of Saudi Arabia 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.
  • 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 Saudi Arabia excipients market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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