UAE Plant-based Excipients Market Size & Outlook
UAE plant-based excipients market, 2018-2030 (US$M)
Related Markets
UAE plant-based excipients market highlights
- The UAE plant-based excipients market generated a revenue of USD 8.9 million in 2023 and is expected to reach USD 12.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.1% 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 8.9 million |
| Market revenue in 2030 | USD 12.7 million |
| Growth rate | 5.1% (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, UAE accounted for 0.5% 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 Middle East & Africa, South Africa plant-based excipients market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 33.8 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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UAE 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 21.35% in 2023. Horizon Databook has segmented the UAE 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 pharmaceutical market in the UAE is rapidly expanding. Although the UAE currently imports the majority of drugs, this is changing, and some international pharmaceutical giants partnered with UAE companies to manufacture their products locally.
While the UAE's domestic pharmaceutical manufacturing industry is expanding, many international pharmaceutical companies established a presence in the country. Some of these companies, such as Pfizer, Viatris, and Janssen EMEA, chose UAE as a location for their regional headquarters.
The growth in the pharmaceutical market and a significant number of new pharmaceutical companies in the country are expected to create opportunities in the market. Apart from this, UAE, being an Islamic country, there is a high demand for halal drugs.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE 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 UAE plant-based excipients market , including forecasts for subscribers. This country databook contains high-level insights into UAE plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE plant based excipients market size, by chemical nature, 2018-2030 (US$M)
UAE Plant-based Excipients Market Outlook Share, 2023 & 2030 (US$M)
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