Global Excipient Market to 2032
Overview
The Global Excipient Market is expected to reach a 14.60 USD Billion by 2032 and is projected to grow at a CAGR of 5.37% from 2025 to 2032.
Revenue, 2024 (USD Billion)
9.15
Forecast, 2032 (USD Billion)
14.60
CAGR, 2024 - 2032
5.37%
Report Coverage
Global
Global Excipient Market 2018-2032 USD Billion
Global Excipient Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 9.15 USD Billion
- Projected Market Size (2032): 14.60 USD Billion
- CAGR (2025-2032): 5.37%
Key Findings of Global Excipient Market
- The Global Excipient Market was valued at 14.60 USD Billion in 2024.
- The Global Excipient Market is likely to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct Tender in Distribution Channel Segment accounted for the largest share of the market with a revenue of 5.53 USD Billion
- The fastest growing segment Binders And Adhesives in Functionality Segment grew Fastest with a CAGR of 6.90% during the forecast period from 2024 to 2032.
Global Excipient Market Scope
Global Excipient Market Segmentation & Scope
Functionality
- Others
- Antifoaming Agents
- Chelating Agents
- Glidients
- Emollients
- Solvents
- Sorbents
- Antioxidants
- Preservatives
- Emulsifying Agents
- Buffers
- Lubricants
- Diluents
- Sweetening Agents
- Flavors
- Solubilizers
- Coloring Agents
- Coating Material
- Disintegrants
- Binders And Adhesives
Chemistry Synthesis
- Pregelatinized Starch
- Others
- Soy Lecithin
- Cetosteary Aclohol
- Benzyl Alcohol
- Polysorbate
- Sucralose
- Lactose Monohydrate
Chemistry Type
- Minerals
- Synthetic
- Animals
- Plant
Dosage Form
- Liquid
- Semi-Solid
- Solid
Products
- Gelatin
- Others
- Minerals
- Alcohol
- Sugar
- Polymers
Category
- Secondary Excipients
- Primary Excipients
Origin
- Inorganic
- Organic
Distribution Channel
- Others
- Retail Sales
- Direct Tender
End User
- Others
- Research Organization And Academics
- Contract Formulators
- Pharmaceutical And Biopharmaceutical Companies
Route of Administration
- Other Excipients
- Parenteral Excipients
- Topical Excipients
- Oral Excipients
Global Excipient Market Data Coverage Insights
Study Period | 2024-2032 |
Base Year | 2020 |
Unit | Revenue in USD Billion |
Market Value in 2024 | 9.15 USD Billion |
Market Value in 2032 | 14.60 USD Billion |
CAGR (2025-2032) | 5.37% |
Historic Data | 2016-2023 |
Market Segments Covered | Functionality, Chemistry Synthesis, Chemistry Type, Dosage Form, Products, Category, Origin, Distribution Channel, End User, Route of Administration |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 9.15 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 4,527.31 USD Million in 2024.
Segments and Scope
-
Global Excipient Market to 2032, By Functionality
- Binders And Adhesives is the largest segment in Global Excipient Market to 2032 with a revenue of 1.04 USD Billion in the year 2024.
- Binders And Adhesives is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 6.90 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Chemistry Synthesis
- Lactose Monohydrate is the largest segment in Global Excipient Market to 2032 with a revenue of 3.51 USD Billion in the year 2024.
- Lactose Monohydrate is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 6.56 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Chemistry Type
- Plant is the largest segment in Global Excipient Market to 2032 with a revenue of 4.30 USD Billion in the year 2024.
- Plant is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.95 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Dosage Form
- Solid is the largest segment in Global Excipient Market to 2032 with a revenue of 4.26 USD Billion in the year 2024.
- Liquid is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.52 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Products
- Polymers is the largest segment in Global Excipient Market to 2032 with a revenue of 3.81 USD Billion in the year 2024.
- Polymers is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 6.23 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Category
- Primary Excipients is the largest segment in Global Excipient Market to 2032 with a revenue of 5.20 USD Billion in the year 2024.
- Primary Excipients is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.54 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Origin
- Organic is the largest segment in Global Excipient Market to 2032 with a revenue of 5.36 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.73 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in Global Excipient Market to 2032 with a revenue of 5.53 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.86 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By End User
- Pharmaceutical And Biopharmaceutical Companies is the largest segment in Global Excipient Market to 2032 with a revenue of 3.79 USD Billion in the year 2024.
- Contract Formulators is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 4.36 % in forecast period 2025-2032.
-
Global Excipient Market to 2032, By Route of Administration
- Oral Excipients is the largest segment in Global Excipient Market to 2032 with a revenue of 4.12 USD Billion in the year 2024.
- Oral Excipients is the Fastest growing segment in Global Excipient Market to 2032 with a Growth rate of 5.60 % in forecast period 2025-2032.
Global Excipient Market Company Share Analysis
Company Name |
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Kerry Group plc. | |||
JRS PHARMA | |||
The Lubrizol Corporation | |||
Roquette Frères | |||
Shin-Etsu Chemical Co., Ltd. |

Global Excipient Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Excipient Market Company Profiling

Industry Related Reports
Frequently Asked Questions
The Global Excipient Market is segmented based on Segmentation Functionality, Chemistry Synthesis, Chemistry Type, Dosage Form, Products, Category, Origin, Distribution Channel, End User, Route of Administration.
Global Excipient Market was valued at USD 9.15(Revenue in USD Billion) in 2020.
Global Excipient Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Global Excipient Market, holding a largest market share of 5.53 USD Billion in 2024
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Global Excipient Market Scope
Global Excipient Market Segmentation & Scope
Functionality
- Others
- Antifoaming Agents
- Chelating Agents
- Glidients
- Emollients
- Solvents
- Sorbents
- Antioxidants
- Preservatives
- Emulsifying Agents
- Buffers
- Lubricants
- Diluents
- Sweetening Agents
- Flavors
- Solubilizers
- Coloring Agents
- Coating Material
- Disintegrants
- Binders And Adhesives
Chemistry Synthesis
- Pregelatinized Starch
- Others
- Soy Lecithin
- Cetosteary Aclohol
- Benzyl Alcohol
- Polysorbate
- Sucralose
- Lactose Monohydrate
Chemistry Type
- Minerals
- Synthetic
- Animals
- Plant
Dosage Form
- Liquid
- Semi-Solid
- Solid
Products
- Gelatin
- Others
- Minerals
- Alcohol
- Sugar
- Polymers
Category
- Secondary Excipients
- Primary Excipients
Origin
- Inorganic
- Organic
Distribution Channel
- Others
- Retail Sales
- Direct Tender
End User
- Others
- Research Organization And Academics
- Contract Formulators
- Pharmaceutical And Biopharmaceutical Companies
Route of Administration
- Other Excipients
- Parenteral Excipients
- Topical Excipients
- Oral Excipients
Frequently Asked Questions
The Global Excipient Market is segmented based on Segmentation Functionality, Chemistry Synthesis, Chemistry Type, Dosage Form, Products, Category, Origin, Distribution Channel, End User, Route of Administration.
Global Excipient Market was valued at USD 9.15(Revenue in USD Billion) in 2020.
Global Excipient Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The estimated market value of the Global Excipient Market for final year is USD 14.60 (USD Billion).
Global Excipient Market Company Profiling

Frequently Asked Questions
The Global Excipient Market is segmented based on Segmentation Functionality, Chemistry Synthesis, Chemistry Type, Dosage Form, Products, Category, Origin, Distribution Channel, End User, Route of Administration.
Global Excipient Market was valued at USD 9.15(Revenue in USD Billion) in 2020.
Global Excipient Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The estimated market value of the Global Excipient Market for final year is USD 14.60 (USD Billion).
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