UK Plant-based Excipients Market Size & Outlook, 2023-2030
UK plant-based excipients market, 2018-2030 (US$M)
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UK plant-based excipients market highlights
- The UK plant-based excipients market generated a revenue of USD 134.0 million in 2023 and is expected to reach USD 190.6 million by 2030.
- The UK market is expected to grow at a CAGR of 5.2% 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 134.0 million |
| Market revenue in 2030 | USD 190.6 million |
| Growth rate | 5.2% (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, UK accounted for 7.2% 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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UK 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 UK 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 UK’s pharmaceutical industry has a strong record of drug manufacturing and innovation. Various factors such as government support, dynamic supply & distribution channel, and value chains are contributing to the country’s pharmaceutical industry.
UK’s National Health Service (NHS) plays a substantial role in the expansion and consolidation of the country’s supply chain distribution. Rapidly aging population, rising demand for personalized medicines, and growing prevalence of chronic conditions are expected to accelerate pharmaceutical R&D in the country.
These factors are expected to improve the competition among players operating in plant-based excipients market owing to the high demand for pharmaceuticals in the country. Some of the key players are Lonza, BASF Corporation, and JRS PHARMA.
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Target buyers of UK 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 UK plant-based excipients market , including forecasts for subscribers. This country databook contains high-level insights into UK plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK plant based excipients market size, by chemical nature, 2018-2030 (US$M)
UK Plant-based Excipients Market Outlook Share, 2023 & 2030 (US$M)
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