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Pharmaceutical Excipients Market Is Expected To Reach US$ 11,938.1 Mn By 2026

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

Polymers segment currently dominates the pharmaceutical excipients market due to its vast application in drug formulation from conventional to novel drug delivery systems. Over the last two decades, polymers have undergone tremendous structural modification to improve the bioavailability and solubility properties of the API. In this research report, proper emphasis is given to decipher the current research being conducted in drug formulation and development studies entirely focusing on the use of polymers to effectively decouple the reduced intrinsic solubility of APIs by using various technologies that would disrupt the crystal lattice of drug candidate to increase their solubility.

Fillers and diluents comprises nearly 42% of the pharmaceutical excipients market and is the leading segment by function. Binders segment will be making a significant growth owing to the latest trend observed in the pharmaceutical industries investing huge in the excipients co-processing to overcome several obstacles in drug formulation and reducing the development costs.

Domicile of key players such as BASF SE and Roquette Group in the Western European region mainly define the pharmaceutical excipients market in Europe. In addition, flexible regulatory guidelines stipulated by the European Medical Agency (EMA) for the manufacturing of pharmaceutical excipients contribute to the dominance of Europe. Asia Pacific is set to register significant growth during the forecast period from 2018 to 2026, owing to low cost of raw material and efficient workforce. Moreover, emergence of local manufacturers has created a competitive environment for the key players, which contributes to the growth of pharmaceutical excipients market in Asia Pacific.

As per the research findings of the International Federation of Pharmaceutical Manufacturers Association (IFPMA) 2016 report, approximately 10% of the drugs currently marketed are poorly soluble. Moreover, 40% of the new chemical moieties are rejected due to their solubility issues. To overcome such challenges, excipients play a major role in determining the bioavailability of the API, change their gastrointestinal motility and even membrane permeability. Rise in chronic diseases due to unhealthy lifestyle and huge investments made by pharmaceutical industries in the formulation and development segment will drive the pharmaceutical excipients market growth. It is noteworthy to understand that due to incompatibility between excipients and API has resulted in the drug related adverse events which makes it mandatory for the manufacturers to maintain quality standards as per cGMP guidelines and maintain accuracy in accelerated stability testing studies. Key players are currently emphasizing on developing ecofriendly manufacturing processes as the production of excipients in large quantities causes environmental pollution, a major challenge faced by the pharmaceutical manufacturers.

The key players spearheading the pharmaceutical excipients market are Archer Daniels Midland Company, Associated British Foods Plc., Ashland, Inc., BASF SE, Croda International Plc., The Dow Chemical Company, Evonik Industries AG, FMC Corporation, Lubrizol Corporation and Roquette Group. However, entry of local players, particularly in developing countries is observed to be challenging the dominance of the top players.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Pharmaceutical Excipients contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.


– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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