
Pharmaceutical Excipients Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
Pharmaceutical Excipients Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The global pharmaceutical excipients market was valued at USD 9.1 billion in 2023 and is estimated to register 8% CAGR between 2024 and 2032. With the rising demand for dietary supplements alongside the increasing need for pharmaceuticals, excipients have grown essential as they help in enhancing drug formulations. These excipients improve the stability, solubility, and bioavailability of active pharmaceutical ingredients, ultimately boosting the efficacy of drug formulations. The emergence of new drug delivery technologies is also presenting an opportunity for ingredient manufacturers to cater to evolving production needs.
Increased activities in contract development and manufacturing organizations will spur market expansion. Outsourcing allows companies to focus on R&D while utilizing the expertise and infrastructure of CDMOs/CMOs for drug production. Legal standards for drug manufacturing require high-quality supplements from reliable suppliers, further boosting the product demand. For instance, in October 2023, Clariant launched three new VitiPure® excipients to enhance API formulations, especially for delicate products like mRNA vaccines and biologics.
The pharmaceutical excipients industry is segmented into product, functionality, formulation and region.
Based on product, the market value from the inorganic chemicals segment is projected to witness 7.9% growth rate through 2032. Inorganic chemicals are essential for pharmaceutical formulations to maintain quality and potency. They offer high levels of purity, stability, and compatibility with active ingredients. Surfactants provide unique functional properties like controlled release and binding. Inorganic additives, such as salts, minerals, and metals can also be used to customize formulations to meet specific requirements.
Pharmaceutical excipients market from the parenteral segment is anticipated to observe 7.9% CAGR from 2024 to 2032, owing to unique requirements for formulation and delivery of injectable pharmaceuticals. Parenteral products like injections and IV medications need additives for stability and compatibility with the active ingredient. Excipients are crucial in improving solubility, controlling delivery, and meeting regulatory standards for cleanliness and purity. As the demand for parenteral drug delivery continues to rise due to the increasing prevalence of chronic diseases and strong need for targeted therapies, the demand for quality developers for key infrastructure is increasing, favoring the segment growth.
Asia Pacific pharmaceutical excipients industry will record impressive growth, depicting an 8.4% CAGR through 2032. The expansion of the pharmaceutical industry in developing countries like China, India, and Southeast Asian countries is driving the demand for excipients due to increased healthcare infrastructure and spending, as well as the rising need for affordable medicines. Investments in healthcare infrastructure and increasing chronic diseases are also contributing to the need for excipients in APAC.
Table of Contents
155 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market Definitions
- 1.2 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.3 Base estimates and calculations
- 1.1.3 Base year calculation
- 1.1.4 Key trends for market estimates
- 1.4 Forecast model
- 1.5 Primary research & validation
- 1.1.5 Primary sources
- 1.1.6 Data mining sources
- Chapter 2 Executive Summary
- 2.1 Industry Snapshot
- 2.2 Region trends
- 2.3 Product Type trends
- 2.4 Material trends
- 2.5 Pricing trends
- 2.6 Consumer Group trends
- 2.7 Distribution Channel trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.2.1 Factors Affecting Profit Margins:
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rising outdoor recreation and adventure trends
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 Price sensitivity
- 3.3 Regulatory Landscape
- 3.3.1 U.S. 43
- 3.3.2 Europe
- 3.4 Pricing Analysis
- 3.4.1 North America
- 3.4.2 Europe
- 3.4.3 Asia Pacific
- 3.4.4 Latin America
- 3.4.5 Middle East & Africa
- 3.5 Technology Landscape
- 3.5.1 Future Market Trends
- 3.6 Growth potential analysis, 2023
- 3.7 Porter's analysis
- 3.7.1 Supplier power
- 3.7.2 Buyer power
- 3.7.3 Threat of new entrants
- 3.7.4 Threat of substitutes
- 3.7.5 Industry rivalry
- 3.8 PESTEL analysis
- Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Global company market share analysis, 2023
- 4.3 Competitive analysis of major market players
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
- Chapter 5 Outdoor Apparel Market, By Product Type
- 5.1 Key product type trends
- Chapter 6 Outdoor Apparel Market, By Consumer Group
- 6.1 Key consumer group trends
- Chapter 7 Outdoor Apparel Market, By Material
- 7.1 Key material trends
- Chapter 8 Outdoor Apparel Market, By Price Range
- 8.1 Key Price Range trends
- Chapter 9 Outdoor Apparel Market, By Distribution Channel
- 9.1 Key distribution channel trends
- Chapter 10 Outdoor Apparel Market, By Region
- 10.1 Key region trends
- Chapter 11 Company Profiles
- 11.1 The North Face
- 11.1.1 Global overview
- 11.1.2 Market/Business Overview
- 11.1.3 Financial data
- 11.1.3.1 Sales Revenue, 2021-2023
- 11.1.4 Product Landscape
- 11.1.5 SWOT analysis
- 11.2 Columbia Sportswear
- 11.2.1 Global overview
- 11.2.2 Market/Business Overview
- 11.2.3 Financial data
- 11.2.3.1 Sales Revenue, 2021-2023
- 11.2.4 Product Landscape
- 11.2.5 Strategic Outlook
- 11.2.6 SWOT analysis
- 11.3 Patagonia, Inc.
- 11.3.1 Global overview
- 11.3.2 Market/Business Overview
- 11.3.3 Product Landscape
- 11.3.4 SWOT analysis
- 11.4 Salomon
- 11.4.1 Global overview
- 11.4.2 Market/Business Overview
- 11.4.3 Product Landscape
- 11.4.4 Strategic Outlook
- 11.4.5 SWOT analysis
- 11.5 Arc'teryx
- 11.5.1 Global overview
- 11.5.2 Market/Business Overview
- 11.5.3 Financial Data
- 11.5.4 Product Landscape
- 11.5.5 Strategic Outlook
- 11.5.6 SWOT analysis
- 11.6 Merrel
- 11.6.1 Global overview
- 11.6.2 Market/Business Overview
- 11.6.3 Financial Data
- 11.6.4 Product Landscape
- 11.6.5 Strategic Outlook
- 11.6.6 SWOT analysis
- 11.7 Black Diamond Equipment
- 11.7.1 Global overview
- 11.7.2 Market/Business Overview
- 11.7.3 Financial Data
- 11.7.4 Product Landscape
- 11.7.5 Strategic Outlook
- 11.7.6 SWOT analysis
- 11.8 Haglöfs AB
- 11.8.1 Global overview
- 11.8.2 Market/Business Overview
- 11.8.3 Financial Data
- 11.8.4 Product Landscape
- 11.8.5 Strategic Outlook
- 11.8.6 SWOT analysis
- 11.9 Jack Wolfskin
- 11.9.1 Global overview
- 11.9.2 Market/Business Overview
- 11.9.3 Financial Data
- 11.9.4 Product Landscape
- 11.9.5 Strategic Outlook
- 11.9.6 SWOT analysis
- 11.10 Marmot Mountain, LLC
- 11.10.1 Global overview
- 11.10.2 Market/Business Overview
- 11.10.3 Financial Data
- 11.10.4 Product Landscape
- 11.10.5 Strategic Outlook
- 11.10.6 SWOT analysis
- 11.11 Fjällräven
- 11.11.1 Global overview
- 11.11.2 Market/Business Overview
- 11.11.3 Financial Data
- 11.11.4 Product Landscape
- 11.11.5 Strategic Outlook
- 11.11.6 SWOT analysis
- 11.12 Mammut
- 11.12.1 Global overview
- 11.12.2 Market/Business Overview
- 11.12.3 Financial Data
- 11.12.4 Product Landscape
- 11.12.5 Strategic Outlook
- 11.12.6 SWOT analysis
- 11.13 Rab
- 11.13.1 Global overview
- 11.13.2 Market/Business Overview
- 11.13.3 Financial Data
- 11.13.4 Product Landscape
- 11.13.5 Strategic Outlook
- 11.13.6 SWOT analysis
- 11.14 Helly Hansen
- 11.14.1 Global overview
- 11.14.2 Market/Business Overview
- 11.14.3 Financial Data
- 11.14.4 Product Landscape
- 11.14.5 Strategic Outlook
- 11.14.6 SWOT analysis
- 11.15 La Sportiva
- 11.15.1 Global overview
- 11.15.2 Market/Business Overview
- 11.15.3 Financial Data
- 11.15.4 Product Landscape
- 11.15.5 Strategic Outlook
- 11.15.6 SWOT analysis
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