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Pharmaceutical Excipients Market

Published Jul 21, 2025
Length 237 Pages
SKU # CMI20302689

Description

Pharmaceutical excipients refer to inert substances used as vehicles or additives in drug formulations and products. These are used to confer additional desired properties, aid in product identification, enhance stability, or improve product appearance. Some common excipients include binders, coatings, disintegrants, flavoring agents, lubricants, preservatives, and sweeteners. Global pharmaceutical excipients market growth is driven by factors such as rising generic drug production, growth in oral solid dosage forms, and increasing regulatory considerations for excipient selection and characterization in drug development and manufacturing.

Market Dynamics

Global pharmaceutical excipients market growth is driven by factors such as rising generic drug production, growth in oral solid dosage forms, increasing regulatory considerations for excipient selection and characterization, and expansion of contract manufacturing and packaging facilities. Rising prevalence of chronic diseases worldwide which necessitates effective long-term drug therapies also boosts demand for pharmaceutical excipients. However, stringent regulatory policies mandating safety and quality evaluation of excipients can hamper the market growth. Technological advancements in novel drug delivery systems, demand for multifunctional excipients, and development of biopharmaceutical excipients can offer market growth opportunities.

Key Features of the Study
  • This report provides in-depth analysis of the global pharmaceutical excipients market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global pharmaceutical excipients market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Dow, Ashland, BASF, Roquette, FMC, Evonik, Lubrizol, Associated British Foods, and Croda International.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global pharmaceutical excipients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pharmaceutical excipients market.
Market Segmentation
  • Product Type Insights (Revenue, USD Bn, 2025 - 2032)
  • Inorganic Chemicals
  • Organic Chemicals
  • Other Products
  • Functionality Insights (Revenue, USD Bn, 2025 - 2032)
  • Fillers and Diluents
  • Binders
  • Suspension
  • Viscosity Agents
  • Coatings
  • Flavoring Agents
  • Disintegrants
  • Colorants
  • Preservatives
  • Others
  • Formulation Insights (Revenue, USD Bn, 2025 - 2032)
  • Oral
  • Parenteral
  • Others
  • Regional Insights (Revenue, USD Bn, 2025 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Ashland Global Holdings Inc.
  • BASF SE
  • Innophos
  • DuPont de Nemours, Inc
  • Roquette Frères
  • Evonik Industries AG
  • Merck KGaA
  • JRS Pharma
  • Croda International Plc
  • Colorcon Inc.
  • Archer Daniels Midland Company (ADM)
  • The Lubrizol Corporation
  • Innophos Holdings Inc.
  • Kerry Group plc
  • WACKER Chemie AG
  • Meggle Group
  • DFE Pharma

Table of Contents

237 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Functionality
Market Snapshot, By Formulation
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Pharmaceutical Excipients Market, By Product Type, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Inorganic Chemicals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Organic Chemicals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
5. Global Pharmaceutical Excipients Market, By Functionality, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Fillers and Diluents
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Binders
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Suspension
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Viscosity Agents
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Coatings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Flavoring Agents
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Disintegrants
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Colorants
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Preservatives
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
6. Global Pharmaceutical Excipients Market, By Formulation, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Oral
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Parenteral
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
7. Global Pharmaceutical Excipients Market, By Region, 2020 – 2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020–2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Formulation, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 – 2032, (USD Bn)
North Africa
Central Africa
South Africa
8. Competitive Landscape
Company Profiles
Ashland Global Holdings Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
BASF SE
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Innophos
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
DuPont de Nemours, Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Roquette Frères
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Evonik Industries AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Merck KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
JRS Pharma
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Croda International Plc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Colorcon Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Archer Daniels Midland Company (ADM)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
The Lubrizol Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Innophos Holdings Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Kerry Group plc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
WACKER Chemie AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Meggle Group
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
DFE Pharma
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
About us and Sales Contact
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