Global Plant-based Excipients Market Size & Outlook
Global plant-based excipients market, 2018-2030 (US$M)
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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 2023 | USD 1,864.0 million |
| Market revenue in 2030 | USD 2,503.1 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Carbohydrates |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbohydrates, 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 Scope
Plant-based Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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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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Target buyers of Global plant-based excipients market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 statistics, by region, 2018-2030 (US$M)
Top 10 countries: Plant based excipients market size, 2023 (USD Million)
Top 10 countries: Plant based excipients market size, 2023 (USD Million)
Global plant-based excipients market, by region, 2023 (US$M)
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