Global Co-Processed Excipients Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Co-Processed Excipients Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A co-processed excipient is a combination of two or more compendial or non-compendial excipients designed to physically modify their properties in a manner not achievable by simple physical mixing, and without significant chemical change. However, in some instances, formation of necessary components may occur, such as in-situ salt formation.

Market Overview:

The latest research study on the global Co-Processed Excipients market finds that the global Co-Processed Excipients market reached a value of USD 561.31 million in 2022. It’s expected that the market will achieve USD 937.41 million by 2028, exhibiting a CAGR of 8.92% during the forecast period.

Nutraceutical

Nutraceuticals, in broad, are food or part of food playing a significant role in modifying and maintaining normal physiological function that maintains healthy human beings. The principal reasons for the growth of the nutraceutical market worldwide are the current population and the health trends. More and more people are in sub-health. Nutraceuticals might be defined as substances that have physiological benefits or provide protection against chronic diseases. Nutraceuticals may be used to improve health, delay the aging process, prevent chronic diseases, increase life expectancy, or support the structure or function of the body.

The ratio of the excipients in a mixture is fixed

Major limitation of a co-processed excipient mixture is that the ratio of the excipients in a mixture is fixed and in developing a new formulation, a fixed ratio of the excipients may not be an optimum choice for the API and the dose per tablet under development.

Coprocessed adjuvant lacks official acceptance in pharmacopeia

A combination filler binder will not be accepted by the pharmaceutical industry until it exhibits significant advantages in tablet compaction when compared to the physical mixtures of the excipients. Although the spray-crystallized dextrose-maltose (Emdex) and compressible sugar are co-processed products, they are commonly considered as single components and are official in USP/NF.3.

Region Overview:

In 2022, the share of the Co-Processed Excipients market in Europe stood at 47.59%.

Company Overview:

BASF is one of the major players operating in the Co-Processed Excipients market, holding a share of 17.2% in 2023.

BASF

BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

Meggle

MEGGLE Aktiengesellschaft manufactures diary products. The Company offers butter, milk, cream, yoghurt, cheese, spreads, and desserts. MEGGLE also produces and distributes food ingredients and solutions for the food industry. MEGGLE serves customers worldwide.

Segmentation Overview:

By type, Spray Drying segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Pharmaceutical segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Co-Processed Excipients market covered in Chapter 3:

Roquette
Evonik
SPI Pharma
Beneo
Colorcon
JRS Pharma
Lehmann&Voss&Co
DuPont
Avantor
BASF
Meggle

In Chapter 4 and Chapter 14.2, on the basis of types, the Co-Processed Excipients market from 2018 to 2029 is primarily split into:

Granulation
Spray Drying
Hot Melt Extrusion
Solvent Evaporation
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Co-Processed Excipients market from 2018 to 2029 covers:

Pharmaceutical
Nutraceutical
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)