Europe Plant-based Excipients Market Size & Outlook
Europe plant-based excipients market, 2018-2030 (US$M)
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Europe plant-based excipients market highlights
- The Europe plant-based excipients market generated a revenue of USD 615.4 million in 2023.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 615.4 million |
| Market revenue in 2030 | USD 824.8 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 |
| 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, Europe region accounted for 33.0% of the global plant-based excipients market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 418.1 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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Europe 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 21.19% in 2023. Horizon Databook has segmented the Europe 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.
Europe is one of the major excipients markets. The growing prevalence of cancer and high spending on healthcare are some of the major factors supporting market growth. The European Medicines Agency provides scientific guidelines on excipients, which facilitates pharmaceutical entities to prepare marketing authorization applications for human medicines.
All the countries in the EU comply with these guidelines. The region has the presence of key market players such as Lonza, BASF Corporation, Roquette Frères, and DFE Pharma. This further supports the growth of the Europe market.
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Target buyers of Europe 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 continent-level data and insights on the Europe plant-based excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Europe plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe plant based excipients market size, by country, 2018-2030 (US$M)
Europe Plant-based Excipients Market Outlook Share, 2023 & 2030 (US$M)
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