U.S. Excipients Market Size & Outlook, 2023-2030
U.S. excipients market, 2018-2030 (US$M)
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U.S. excipients market highlights
- The U.S. excipients market generated a revenue of USD 2,760.1 million in 2023 and is expected to reach USD 3,636.3 million by 2030.
- The U.S. 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.
Excipients market data book summary
| Market revenue in 2023 | USD 2,760.1 million |
| Market revenue in 2030 | USD 3,636.3 million |
| Growth rate | 4% (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, U.S. accounted for 27.9% 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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U.S. 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 U.S. excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
The United States is in an established position with respect to revenue share in excipients market. Factors attributing for the larger share of the country include presence of significant market entities operating herein. The countries include Avantor Performance Materials Inc., P&G, Huntsman Corporation, Ashland Inc., FMC Corporation, and Colorcon Inc.
Significant share of the U.S market of excipients in global market of excipients is mainly attributed to the presence of the US Food and Drug Administration Safety and Innovation Act (FDASIA). FDASIA was introduced to prevent drug adulterations by conducting physical audits of all excipient developers.
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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 U.S. excipients market , including forecasts for subscribers. This country databook contains high-level insights into U.S. excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. excipients market size, by product, 2018-2030 (US$M)
U.S. Excipients Market Outlook Share, 2023 & 2030 (US$M)
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