PharmiWeb.com - Global Pharma News & Resources
01-Apr-2019

Pharmaceutical Excipients Market expected to be driven by rising demand for generic medicines

MarketResearch.biz delivers in-depth insights on the global pharmaceutical excipients market in its upcoming report titled, “Global Pharmaceutical Excipients Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

An excipient is a pharmacologically inactive substance formulated with an active pharmaceutical ingredient (API) of a drug. It facilities drug absorption, provides stability and further prevents denaturation. A major factor driving growth of the global pharmaceutical excipients market is rising demand for generic medicines. However, stringent regulations on drug approval is a major factor restraining growth of the global market.

Rising demand for generic medicines is a major factor driving growth of the global pharmaceutical excipients market. In addition, increasing prevalence of various chronic diseases is in turn expected to boost demand for pharmaceutical excipients. This is another factor further fueling growth of the global market.

Get Sample Copy Of This Research @ https://marketresearch.biz/report/pharmaceutical-excipients-market/request-sample/

The global pharmaceutical excipients market is segmented on the basis of product, functionality, formulation, and region.

Segmentation On the Basis of Product:

  • Organic Chemicals
  • Inorganic Chemicals

Segmentation On the Basis of Functionality:

  • Fillers & Diluents
  • Binders
  • Disintegrants
  • Lubricants & Glidants
  • Others (coating agents, preservatives, emulsifying agents, and flavoring agents & sweeteners)

Segmentation On the Basis of Formulation:

  • Oral Formulations
  • Topical Formulations
  • Parenteral Formulations
  • Others (vaginal, inhaled, ophthalmic, and optic)

On the basis of product, the global market is segmented into organic chemicals and inorganic chemicals. The organic chemicals segment is expected to witness highest growth in the global market during the forecast period.

On the basis of functionality, the global market is segmented into fillers & diluents, binders, disintegrants, lubricants & glidants, and others. The others segment includes coating agents, preservatives, emulsifying agents, and flavoring agents & sweeteners. The fillers & diluents segment is expected to witness highest growth in terms of revenue in the global market during the forecast period.

On the basis of formulation, the global market is segmented into oral formulations, topical formulations, parenteral formulations, and others. The other segment includes vaginal, inhaled, ophthalmic, and optic formulations. The oral formulations segment is estimated to witness highest growth in the target market during the forecast period.

For Purchasing The Report Click Here: https://marketresearch.biz/purchase-report/?report_id=6721

On the basis of region, the global pharmaceutical excipients market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe market accounts for significant revenue share in the global market during the forecast period. The Asia Pacific market is expected to witness a highest growth in terms of revenue in the global market over the forecast period.

Key players operating in the global market include Roquette, Ashland Inc., BASF SE, DowDuPont, The Lubrizol Corporation, Evonik Industries, Croda International Plc, Kerry Inc., Associated British Foods plc, and Archer Daniels Midland Company.

 

Editor Details

Last Updated: 01-Apr-2019