AP NEWS

Pharmaceutical Excipients - Worldwide Markets to Reach $8.17 Billion by 2023, Mainly Driven by Cumulative Demand for Oral Solid Drug Formulations - ResearchAndMarkets.com

November 7, 2018

DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Global Pharmaceutical Excipients Market - by Product, Formulation, Functionality, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global pharmaceutical excipients market was USD 5.83 billion in 2017 and is estimated to reach USD 8.17 billion by 2023 registering a CAGR of 5.79% during the forecast period.

The global pharmaceutical excipient market is mainly driven by cumulative demand for oral solid drug formulations which is witnessing a steady increase over the past few years and boosting the global pharmaceutical excipient market mainly due to the ease of consumption by patient classes including children.

The major restraint that the pharmaceutical excipients market faces is the lack of separate guidelines manufacturing and approval of excipients and is considered as a major hurdle restricting the R&D initiatives of the novel pharmaceutical excipients market.

Industry Trends and Updates

Ashland, a global leader in speciality chemical solutions had completed their acquisition of Pharmachem Laboratories, who is also a leading provider of quality ingredients in global health and wellness industries by paying USD 660 million in an all-cash transaction which will enhance the company’s position in fast-growing nutraceutical end markets. BASF invested USD 200 million into its Kaolin business to further growth potential through the process of sustainable supply, service and innovative solutions over the next 10 years for its customers.

Companies Profiled

Archer Daniels Midland Company Ashland Associated British Foods BASF Croda DowDuPont Eastman Chemical Corporation Evonik Innophous Holdings Kerry Group Lubrizol P&G Chemicals Roquette Signet Wacker Chemie and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Pharmaceutical Excipients Market Segmentation, Forecasts and Trends - by Product

6. Global Pharmaceutical Excipients Market Segmentation, Forecasts and Trends - by Formulation

7. Global Pharmaceutical Excipients Market Segmentation, Forecasts and Trends - by Functionality

8. Global Pharmaceutical Excipients Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Pharmaceutical Excipients Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/nb9hfx/pharmaceutical?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181107005414/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Pharmaceutical Intermediates

KEYWORD:

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/07/2018 05:40 AM/DISC: 11/07/2018 05:40 AM

http://www.businesswire.com/news/home/20181107005414/en

AP RADIO
Update hourly