The report “Global Pharmaceutical Excipients Market, by Product (Organic Chemicals and Inorganic Chemicals), by Functionality (Fillers and Diluents, Binders, Disintegrants, Lubricants And Glidants, and Others (Coating Agents, Preservatives, Emulsifying Agents, and Flavoring Agents And Sweeteners)), by Formulation (Oral Formulations, Topical Formulations, Parenteral Formulations, and Others (Vaginal Inhaled, Ophthalmic, and Optic)), and Region –
Global Forecast to 2029″ Global pharmaceutical china rcs data excipients market is projected to grow from US$ 7.2 billion in 2020 to US$ 11.5 billion by 2029. The global pharmaceutical excipients market is expected to register moderate growth over the forecast period. This is attributed to excipients have been provide better functionality and competitive advantage in drug formulations in turns increases demand from pharmaceutical industry. Furthermore, rising demand for generic medicine across the globe the global pharmaceutical excipients market.
Key Market Insights from the report:
The global pharmaceutical excipients market accounted for US$ 7.2 billion in 2020 and is projected to register a moderate CAGR of 5.3 % over the forecast period. The market report has been segmented on the basis of product, functionality, formulation, and region.