Mexico Pharmaceutical Excipients Market to 2032

Overview

The Mexico Pharmaceutical Excipients Market is expected to reach a 332.67 USD Billion by 2032 and is projected to grow at a CAGR of 8.51% from 2025 to 2032.

Revenue, 2024 (USD Billion)
205.31
Forecast, 2032 (USD Billion)
332.67
CAGR, 2024 - 2032
8.51%
Report Coverage
Mexico

Mexico Pharmaceutical Excipients Market 2018-2032 USD Billion

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

Market Growth and Projections:

  • Market Size (2024): 205.31 USD Billion
  • Projected Market Size (2032): 332.67 USD Billion
  • CAGR (2025-2032): 8.51%

Key Findings of Mexico Pharmaceutical Excipients Market

  • The Mexico Pharmaceutical Excipients Market was valued at 332.67 USD Billion in 2024.
  • The Mexico Pharmaceutical Excipients Market is likely to grow at a CAGR of 8.51% 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 122.78 USD Billion
  • The fastest growing segment Binders and Adhesives in Functionality Segment grew Fastest with a CAGR of 13.03% during the forecast period from 2024 to 2032.

Mexico Pharmaceutical Excipients Market Scope

Mexico Pharmaceutical Excipients Market Segmentation & Scope
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
Dosage Form
  • Solid
  • Liquid
  • Semi-Solid
End User
  • Others
  • Research Organization and Academics
  • Contract Formulators
  • Pharmaceutical and Biopharmaceutical Companies
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender

Mexico Pharmaceutical Excipients Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 205.31 USD Billion
Market Value in 2032 332.67 USD Billion
CAGR (2025-2032) 8.51%
Historic Data 2016-2023
Market Segments Covered Functionality,Dosage Form ,End User,Route of Administration ,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Mexico, leading in terms of revenue 205.31 USD Billion in 2024
    • Key Country: Mexico, leading in terms of revenue with value of 205.31 USD Billion in 2024.

Segments and Scope

  • Mexico Pharmaceutical Excipients Market to 2032, By Functionality
    • Binders and Adhesives is the largest segment in Mexico Pharmaceutical Excipients Market to 2032 with a revenue of 45.37 USD Billion in the year 2024.
    • Binders and Adhesives is the Fastest growing segment in Mexico Pharmaceutical Excipients Market to 2032 with a Growth rate of 13.03 % in forecast period 2025-2032.
  • Mexico Pharmaceutical Excipients Market to 2032, By Dosage Form
    • Solid is the largest segment in Mexico Pharmaceutical Excipients Market to 2032 with a revenue of 120.18 USD Billion in the year 2024.
    • Solid is the Fastest growing segment in Mexico Pharmaceutical Excipients Market to 2032 with a Growth rate of 8.78 % in forecast period 2025-2032.
  • Mexico Pharmaceutical Excipients Market to 2032, By End User
    • Pharmaceutical and Biopharmaceutical Companies is the largest segment in Mexico Pharmaceutical Excipients Market to 2032 with a revenue of 90.34 USD Billion in the year 2024.
    • Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in Mexico Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.04 % in forecast period 2025-2032.
  • Mexico Pharmaceutical Excipients Market to 2032, By Route of Administration
    • Oral Excipients is the largest segment in Mexico Pharmaceutical Excipients Market to 2032 with a revenue of 97.41 USD Billion in the year 2024.
    • Oral Excipients is the Fastest growing segment in Mexico Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.21 % in forecast period 2025-2032.
  • Mexico Pharmaceutical Excipients Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Mexico Pharmaceutical Excipients Market to 2032 with a revenue of 122.78 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in Mexico Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.02 % in forecast period 2025-2032.

Mexico Pharmaceutical Excipients Market Company Share Analysis

 
Company Name Company Share Analysis
Peter Greven GmbH & Co. KG
Kerry Group Plc.
The Lubrizol Corporation
Roquette Frères
BASF SE
Mexico Pharmaceutical Excipients Market Company Share Analysis

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

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

Mexico Pharmaceutical Excipients Market Company Profiling

Mexico Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The Mexico Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,End User,Route of Administration ,Distribution Channel.
Mexico Pharmaceutical Excipients Market was valued at USD 205.31(Revenue in USD Billion) in 2021.
Mexico Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.51% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Mexico Pharmaceutical Excipients Market, holding a largest market share of 122.78 USD Billion in 2024

Mexico Pharmaceutical Excipients Market Scope

Mexico Pharmaceutical Excipients Market Segmentation & Scope
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
Dosage Form
  • Solid
  • Liquid
  • Semi-Solid
End User
  • Others
  • Research Organization and Academics
  • Contract Formulators
  • Pharmaceutical and Biopharmaceutical Companies
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Frequently Asked Questions
The Mexico Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,End User,Route of Administration ,Distribution Channel.
Mexico Pharmaceutical Excipients Market was valued at USD 205.31(Revenue in USD Billion) in 2021.
Mexico Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.51% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Pharmaceutical Excipients Market for final year is USD 332.67 (USD Billion).

Mexico Pharmaceutical Excipients Market Company Profiling

Mexico Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The Mexico Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,End User,Route of Administration ,Distribution Channel.
Mexico Pharmaceutical Excipients Market was valued at USD 205.31(Revenue in USD Billion) in 2021.
Mexico Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.51% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Pharmaceutical Excipients Market for final year is USD 332.67 (USD Billion).

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