India Pharmaceutical Excipients Market to 2032

Overview

The India Pharmaceutical Excipients Market is expected to reach a 201.70 USD Billion by 2032 and is projected to grow at a CAGR of 10.50% from 2025 to 2032.

Revenue, 2024 (USD Billion)

112.38

Forecast, 2032 (USD Billion)

201.70

CAGR, 2024 - 2032

10.50%

Report Coverage

India

India Pharmaceutical Excipients Market 2018-2032 USD Billion

India Pharmaceutical Excipients Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 112.38 USD Billion
Projected Market Size (2032): 201.70 USD Billion
CAGR (2025-2032): 10.50%

Key Findings of India Pharmaceutical Excipients Market

The India Pharmaceutical Excipients Market was valued at 201.70 USD Billion in 2024.
The India Pharmaceutical Excipients Market is likely to grow at a CAGR of 10.50% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Solid in Dosage Form Segment accounted for the largest share of the market with a revenue of 62.41 USD Billion
The fastest growing segment Binders and Adhesives in Functionality Segment grew Fastest with a CAGR of 15.07% during the forecast period from 2024 to 2032.

India Pharmaceutical Excipients Market Scope

India Pharmaceutical Excipients Market Segmentation & Scope

Distribution Channel

Others
Retail Sales
Direct Tender

Dosage Form

Solid
Semi-Solid
Liquid

Functionality

Others
Antifoaming Agents
Chelating Agents
Glidents
Emollients
Solvents
Sorbents
Antioxidants
Preservatives
Emulsifying Agents
Buffers
Lubricants
Diluents
Sweetening Agents
Flavors
Solubilizers
Coloring Agents
Coating Material
Disintegrants
Binders and Adhesives

End User

Others
Research Organization and Academics
Contract Formulators
Pharmaceutical and Biopharmaceutical Companies

Route of Administration

Other Excipients
Parenteral Excipients
Topical Excipients
Oral Excipients

India Pharmaceutical Excipients Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	112.38 USD Billion
Market Value in 2032	201.70 USD Billion
CAGR (2025-2032)	10.50%
Historic Data	2016-2023
Market Segments Covered	Distribution Channel,Dosage Form ,Functionality,End User,Route of Administration

Regional Insights:

Leading Market (2024-2032): India, leading in terms of revenue 112.38 USD Billion in 2024
- Key Country: India, leading in terms of revenue with value of 112.38 USD Billion in 2024.

Segments and Scope

India Pharmaceutical Excipients Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in India Pharmaceutical Excipients Market to 2032 with a revenue of 59.52 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in India Pharmaceutical Excipients Market to 2032 with a Growth rate of 11.19 % in forecast period 2025-2032.
India Pharmaceutical Excipients Market to 2032, By Dosage Form
- Solid is the largest segment in India Pharmaceutical Excipients Market to 2032 with a revenue of 62.41 USD Billion in the year 2024.
- Solid is the Fastest growing segment in India Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.82 % in forecast period 2025-2032.
India Pharmaceutical Excipients Market to 2032, By Functionality
- Binders and Adhesives is the largest segment in India Pharmaceutical Excipients Market to 2032 with a revenue of 22.05 USD Billion in the year 2024.
- Binders and Adhesives is the Fastest growing segment in India Pharmaceutical Excipients Market to 2032 with a Growth rate of 15.07 % in forecast period 2025-2032.
India Pharmaceutical Excipients Market to 2032, By End User
- Pharmaceutical and Biopharmaceutical Companies is the largest segment in India Pharmaceutical Excipients Market to 2032 with a revenue of 50.46 USD Billion in the year 2024.
- Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in India Pharmaceutical Excipients Market to 2032 with a Growth rate of 11.05 % in forecast period 2025-2032.
India Pharmaceutical Excipients Market to 2032, By Route of Administration
- Oral Excipients is the largest segment in India Pharmaceutical Excipients Market to 2032 with a revenue of 45.18 USD Billion in the year 2024.
- Oral Excipients is the Fastest growing segment in India Pharmaceutical Excipients Market to 2032 with a Growth rate of 11.46 % in forecast period 2025-2032.

India Pharmaceutical Excipients Market Company Share Analysis

Company Name
Peter Greven GmbH & Co. KG
Kerry Group Plc.
The Lubrizol Corporation
Roquette Frères
BASF SE

India Pharmaceutical Excipients Market Geographical Sales Distribution, 2018-2032 USD Billion

India Pharmaceutical Excipients Market Company Profiling

Industry Related Reports

South America Cold Sore Treatment Market

Middle East & Africa Cold Sore Treatment Market

North America Cold Sore Treatment Market

Europe Cold Sore Treatment Market

Asia-Pacific Cold Sore Treatment Market

Argentina Cold Sore Treatment Market

Australia Cold Sore Treatment Market

Austria Cold Sore Treatment Market

Belgium Cold Sore Treatment Market

Brazil Cold Sore Treatment Market

Frequently Asked Questions

What are the primary segments covered in the India Pharmaceutical Excipients Market?

The India Pharmaceutical Excipients Market is segmented based on Segmentation Distribution Channel,Dosage Form ,Functionality,End User,Route of Administration .

What is the current market size of the India Pharmaceutical Excipients Market?

India Pharmaceutical Excipients Market was valued at USD 112.38(Revenue in USD Billion) in 2021.

What is the expected growth rate of the India Pharmaceutical Excipients Market?

India Pharmaceutical Excipients Market is projected to grow at a CAGR of 10.50% during the forecast period of 2024 to 2032.

Which is the dominating segment in the India Pharmaceutical Excipients Market?

The Solid segment is expected to dominate the India Pharmaceutical Excipients Market, holding a largest market share of 62.41 USD Billion in 2024