The global Biopharmaceutical Excipients Market size was USD 2.3 billion in 2022 and is expected to register a revenue CAGR of 6.5% during the forecast period. Need for biologics and biosimilars, advances in nanotechnology, and rising Research and Development (RD) expenditures by major market participants are major factors driving market revenue growth.
Materials called biopharmaceutical excipients are added to medications and vaccines during manufacturing to increase their effectiveness, safety, and stability. Revenue growth of the market is driven by rising demand for biologics and biosimilars, which are complex compounds that call for specialized excipients. Rising prevalence of chronic diseases such as cancer, diabetes, and autoimmune disorders is rising, which is fueling demand for biologics and expanding the market.
It is segmented into key regions around the world based on growth rate, share, size, trends, current and emerging factors, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and key player presence across the globe. To gain a better understanding of the regional spread and progress of the Biopharmaceutical Excipients Market , the report provides a country-by-country analysis of the market.
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Market Overview:
A growing number of patients are benefiting from cell and gene therapies; previously incurable diseases are finding a cure. Pharmaceutical and healthcare sectors are changing rapidly. With the advent of artificial intelligence (AI) and machine-learning technologies, expectations are rising for more inventive, faster, and less expensive therapeutic development. A data-driven approach could be beneficial to the manufacturing, supply chain, and healthcare ecosystem at large. As a result of increased technology use and data sharing, as well as increased willingness to use prescription and treatment tools, attitudes and behaviors of consumers are changing. Over the next few years, such factors are expected to drive the growth of the pharmaceutical and healthcare markets.
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Companies considered and profiled in this market study
The biopharmaceutical excipients market is highly competitive, with several large and medium-sized players accounting for a majority of the market revenue. Some of the major companies operating in the global biopharmaceutical excipients market are:
- BASF SE
- Roquette Freres
- Ashland Global Holdings Inc.
- Merck KGaA
- Croda International Plc
- Archer Daniels Midland Company
- Evonik Industries AG
- Lubrizol Corporation
- Innophos Holdings Inc.
- DuPont de Nemours Inc.
Segments covered in the report
This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of market trends in each of segments and sub-segments from 2019 to 2032. For the purpose of this report, Reports and Data has segmented the global biopharmaceutical excipients market based on product type, end-use, and region:
Product Type Outlook
- Organic Chemicals
- Inorganic Chemicals
- Others
End Use Outlook
- Pharmaceutical Firms
- Contract Research Organizations (CROs)
- University and Research Institutes
Regional Outlook
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Sweden
- BENELUX
- Asia Pacific (APAC)
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America (LATAM)
- Brazil
- Rest of LATAM
- Middle East Africa (MEA)
- Saudi Arabia
- UAE
- Turkey
- Rest of Middle East Africa
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Major Points covered in this report are as below:
- In this report, market development trends and marketing channels in the Biopharmaceutical Excipients Market industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.
- This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.
- Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.
- For companies and individuals interested in the Biopharmaceutical Excipients Market industry, the Biopharmaceutical Excipients Market report provides information on the current market status of the Biopharmaceutical Excipients Market manufacturers and provides valuable guidance and direction.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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