Global Biopharmaceutical Excipients Market 2023-2029
Biopharmaceutical excipients are substances, other than the active pharmaceutical ingredient (API), that are added to a biopharmaceutical drug product to enhance its stability, safety, and efficacy. These substances can interact with the API or with other excipients, influencing the physical and chemical properties of the formulation, the drug delivery system, and the bioavailability of the drug. The global biopharmaceutical excipients market is likely to register a CAGR of over 7.81% with an incremental growth of USD 1.3 billion during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global biopharmaceutical excipients market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the excipient, biologics, scale of operation, end user, and region. The global market for biopharmaceutical excipients can be segmented by excipient: bulking agents, solubilizers & surfactants, buffering & tonicity agents, others. The bulking agents segment held the largest share of the global biopharmaceutical excipients market in 2022 and is anticipated to hold its share during the forecast period. Biopharmaceutical excipients market is further segmented by biologics: monoclonal antibodies, vaccines, others. Globally, the monoclonal antibodies segment made up the largest share of the biopharmaceutical excipients market. Based on scale of operation, the biopharmaceutical excipients market is segmented into: commercial, research. The commercial segment was the largest contributor to the global biopharmaceutical excipients market in 2022. On the basis of end user, the biopharmaceutical excipients market also can be divided into: pharma & biotech companies, cmos & cdmos, academic & research institutes, others. The pharma & biotech companies segment is estimated to account for the largest share of the global biopharmaceutical excipients market. Biopharmaceutical excipients market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By excipient: bulking agents, solubilizers & surfactants, buffering & tonicity agents, others
By biologics: monoclonal antibodies, vaccines, others
By scale of operation: commercial, research
By end user: pharma & biotech companies, cmos & cdmos, academic & research institutes, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading biopharmaceutical excipients market vendors that include Merck KGaA, Avantor Inc., BASF SE, Evonik Industries AG, Roquette Frères SA, Associated British Foods plc, Ashland Global Holdings Inc., Clariant AG, Fuji Chemical Industry Co., Ltd., Dow Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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