The global pharmaceutical excipients market is expected to reach USD 9.3 billion by the end of 2020, growing at a CAGR of around 7.2% from 2014 to 2021.
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Pharmaceutical excipients are combined with active pharmaceutical ingredients to prepare the final dosage of drugs. The excipients provide bulk to the formulation, facilitate drug absorption, provide stability and prevent from denaturation. They are feasible, cost-effective, stable for handling and inert. The main advantages of using excipients are improving the wetting property, increasing the bulk of the drug, providing stability and improving organoleptic properties. Excipients are used in a variety of medicinal products like tablets, capsules, oral liquids, transdermal patches, implants, and inhalers.
Global Pharmaceutical Excipients Market-Market Dynamics
The report details several factors driving and restraining the market. Some of these are listed below.
Some of the factors driving the market are:
Rise in the incidence of diseases, which has increased the demand for drugs
Inventions of new excipients in the pharmaceutical industry
Advancements in the techniques and equipment for manufacturing excipients
Stringent FDA guidelines for approval and risk of adverse reactions on the body are hindering the growth of the market.
North America has the largest market share in the pharmaceuticals excipients market. Asia-Pacific is one of the upcoming markets due to advancements in the technology of new manufacturing new excipients.
The global pharmaceutical excipients market is segmented on the basis of process (diluents, binders, disintegrants, glidants, lubricants, flavoring agents, coloring agents and coatings & films), type of product (inorganic chemicals and organic chemicals) and region (North America, Europe, Asia-Pacific and Rest of the World)
Some of the key players in the market are:
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What the Report Offers
Market definition along with identification of key drivers and restraints for the market.
Market analysis for the pharmaceutical excipients market, with region-specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the pharmaceutical excipients market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Some points from TOC:
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
- Executive Summary
- Market Overview
3.1 Market Definition
3.2 Market Drivers
3.2.1 Rise in the incidence of diseases which has increased the demand for drugs
3.2.2 Inventions of new excipients in the pharma industry
3.2.3 Advancements in the techniques and equipment manufacturing excipients
3.3 Market Restraints
3.3.1 Stringent FDA guidelines for approval
3.3.2 Risk of adverse reactions on the body
3.4 Market Opportunities
3.5 Market Threats
- PorterFive Force Analysis
4.1 Bargaining Power of suppliers
4.2 Bargaining power of buyers
4.3 Degree of competition
4.4 Threat of substitution
4.5 Threat of new entrants
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