Global Plant-based Excipients Market Size & Outlook

The plant-based excipients industry worldwide is expected to reach a projected revenue of US$ 2,503.1 million by 2030. A compound annual growth rate of 4.3% is expected of the worldwide plant-based excipients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,864.0
Forecast, 2030 (US$M)
$2,503.1
CAGR, 2024 - 2030
4.3%
Report Coverage
Worldwide

Global plant-based excipients market, 2018-2030 (US$M)

Global plant-based excipients market highlights

  • The global plant-based excipients market generated a revenue of USD 1,864.0 million in 2023 and is expected to reach USD 2,503.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
  • In terms of segment, carbohydrates accounted for a revenue of USD 393.8 million in 2023.
  • Carbohydrates is the most lucrative chemical nature segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,864.0 million
Market revenue in 2030USD 2,503.1 million
Growth rate4.3% (CAGR from 2023 to 2030)
Largest segmentCarbohydrates
Fastest growing segmentCarbohydrates
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarbohydrates, Proteins, Polymers, Minerals, Glycoside & Waxes, Esters, Ethers & Carboxylic Acids, Other Chemical Natures

Other key industry trends

  • In terms of revenue, the North America accounted for 38.5% of the global plant-based excipients market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Japan is the fastest growing regional market and is projected to reach USD 106.4 million by 2030.

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Plant-based Excipients Market Companies

Name Profile # Employees HQ Website

Global plant-based 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 plant-based excipients market will help companies and investors design strategic landscapes.


Carbohydrates was the largest segment with a revenue share of 21.13% in 2023. Horizon Databook has segmented the Global plant-based excipients market based on carbohydrates, proteins, polymers, minerals, glycoside & waxes, esters, ethers & carboxylic acids, other chemical natures covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Plant-based Excipients Chemical Nature Outlook (Revenue, USD Million, 2018-2030)
    • Carbohydrates
    • Proteins
    • Polymers
    • Minerals
    • Glycoside & Waxes
    • Esters
    • Ethers & Carboxylic Acids
    • Other Chemical Natures
  • Global Plant-based Excipients Application and Functions Outlook (Revenue, USD Million, 2018-2030)
    • Binders & Diluents
    • Glidants
    • Lubricants & Disintegrants
    • Film forming & Coating Agents
    • Plasticizers
    • Suspending Agents
    • Preservatives & Antioxidants
    • Colorants & Flavoring Agents

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  • Our clientele includes a mix of plant-based excipients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global plant-based excipients market , including forecasts for subscribers. This global databook contains high-level insights into Global plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global plant based excipients market size, by region, 2018-2030 (US$M)

Top 10 countries: Plant based excipients market size, 2023 (US$M)

Global plant based excipients market share, by chemical nature, 2023 & 2030 (%, US$M)

Plant-based excipients market: Opportunity assessment by country

Global plant-based excipients market, by region, 2023 (US$M)

Global plant based excipients market size, by region, 2018-2030 (US$M)

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