Global Market Study on Pharmaceutical Excipients Market, 2015 - 2021
Persistence Market Research
Global Pharmaceutical Excipient Market to
Reach US$ 7,415.2 Mn by 2021: Persistence
Market Research
Persistence Market Research
1
Global Market Study on Pharmaceutical Excipients Market, 2015 - 2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Pharmaceutical
Excipients: Increased Drug Demand in Emerging Asia Pacific Market to Fuel
Demand Multi-Functional Excipients”, revenue from the global pharmaceutical
excipients market is expected to expand at a CAGR of 6.7% during the forecast period 2015 2021.
In the report, the global pharmaceutical excipients market is analyzed on the basis of
chemistry type (i.e. source of origin), application type, functionality, and region. Based on
chemistry type, the overall market has been segmented into plant-based, animal-based,
mineral-based and synthetically derived excipients. Based on functionality, the market has
been segmented into binders (binders, coatings, and fillers), glidents, diluents, disintegrants,
and others (solvents, co-solvents, anti-microbial agents, lubricants, colorants, emulsifiers,
and humectants). By application type, the market has been segmented into oral, topical,
parenteral formulations, and others, which includes suppositories, intra-muscular, and
ophthalmic preparations. In the overall market, oral solid dosage formulations are expected
to witness increased uptake owing to the ease of consumption by patients globally.
Accordingly, oral application type segment is expected to witness value increase from US$
3,327.8 Mn in 2015 to US$ 5,094.2 Mn by the end of 2021.
The prime drivers of the market include rising demand for sustained-release and controlledrelease formulations, especially in oral applications, and increased demand for generics.
Sustained and extended release formulations are gaining...