The pharmaceutical excipients market report from The Business Research Company covers growth-driving insights such as pharmaceutical excipients market size, pharmaceutical excipients market trends and drivers, pharmaceutical excipients market segmentation, pharmaceutical excipients market competitive landscape and more

 The pharmaceutical excipients market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of 6%, as per The Business Research Company’s market report!

Read More On The Pharmaceutical Excipients Market Report 2022 – https://www.thebusinessresearchcompany.com/report/pharmaceutical-excipient-global-market-report

The Pharmaceutical Excipients Market Size In 2022 And Forecast
The global pharmaceutical excipients market is expected to grow from $8.13 billion in 2021 to $8.60 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The pharmaceutical excipients market is expected to reach $10.88 billion in 2026 at a CAGR of 6.0%.

The pharmaceutical excipients market consists of sales of pharmaceutical excipients and related services.

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Global Surge In The Sale Of Generic Drugs Is Driving The Growth Of The Pharmaceutical Excipients Market
According to India Brand Equity Foundation (IBEF), India is the largest provider of generic medicines, the country’s generic drugs account for 20% of the global generic drug exports. Indian pharmaceutical companies received 300 generic drug approvals in the USA. The surge in the demand for generic drugs drives the pharmaceutical excipients market.

Competitive Landscape And The Regional Analysis Of The Pharmaceutical Excipients Market
Major players in the pharmaceutical excipients market are Archer Daniels Midland Co., Associated British Foods, Dow Chemical Company, Evonik, Croda International Plc, Ashland, BASF SE, The Lubrizol Corporation, and Roquette Frères.

Additionally, as per TBRC’s research – North America was the largest region in the pharmaceutical excipients market in 2021 holding the largest market share and Middle East is expected to be the fastest-growing region in the forecast period.

The Pharmaceutical Excipients Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the pharmaceutical excipients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the pharmaceutical excipients market.

Using Multi-Functional Excipients – A Key Trend In The Pharmaceutical Excipients Market
The increase in research and development in pharmaceutical formulation to enhance the production process and product quality by using multi-functional excipients is a trend shaping the market. Excipients play a significant role in helping pharmaceutical manufacturers better support patients by increasing compliance and treatment effectiveness.

Pharmaceutical Excipients Market Segmentation By The Business Research Company
1) By Functionality: Fillers and Diluents, Suspending and Viscosity Agents, Coating Agents, Binders, Flavoring Agents and Sweeteners, Disintegrants, Colorants, Lubricants and Glidants, Others
2) By Formulation Type: Oral Formulation, Topical Formulation, Parental Formulation
3) By Product: Inorganic Chemicals, Organic Chemicals

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