Denmark Plant-based Excipients Market Size & Outlook
Denmark plant-based excipients market, 2018-2030 (US$M)
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Denmark plant-based excipients market highlights
- The Denmark plant-based excipients market generated a revenue of USD 15.7 million in 2023 and is expected to reach USD 21.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, carbohydrates was the largest revenue generating chemical nature in 2023.
- Carbohydrates is the most lucrative chemical nature segment registering the fastest growth during the forecast period.
Plant-based excipients market data book summary
| Market revenue in 2023 | USD 15.7 million |
| Market revenue in 2030 | USD 21.9 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Carbohydrates |
| Fastest growing segment | Carbohydrates |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbohydrates, Proteins, Polymers, Minerals, Glycoside & Waxes, Esters, Ethers & Carboxylic Acids, Other Chemical Natures |
| Key market players worldwide | Basf SE, Lonza Group Ltd, Evonik Industries AG, Roquette America, JRS Pharma, Micro Powders, Fumeipharm, Cristalco |
Other key industry trends
- In terms of revenue, Denmark accounted for 0.8% of the global plant-based excipients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany plant-based excipients market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 190.6 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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Denmark 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 21.02% in 2023. Horizon Databook has segmented the Denmark 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.
The Danish pharmaceutical industry is one of the best and most innovative markets. It is the European leader in drug development. The country offers attractive business solutions for international business companies.
This includes R&D collaborations and several strategic alliances with research organizations and Danish universities for faster approval or development of the product in the Europe market. Denmark performs most clinical trials per capita globally.
It is one of the most R&D-intensive countries and has a high concentration of researchers. The country has more than 160 biotechnology companies, out of which more than 5,000 are dedicated R&D employees in the sector. All these factors are boosting the pharmaceutical market, which is expected to support the demand for excipients.
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Target buyers of Denmark 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 country-level data and insights on the Denmark plant-based excipients market , including forecasts for subscribers. This country databook contains high-level insights into Denmark plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark plant based excipients market size, by chemical nature, 2018-2030 (US$M)
Denmark Plant-based Excipients Market Outlook Share, 2023 & 2030 (US$M)
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