South Africa Pharmaceutical Excipients Market to 2032

Overview

The South Africa Pharmaceutical Excipients Market is expected to reach a 123.59 USD Billion by 2032 and is projected to grow at a CAGR of 9.78% from 2025 to 2032.

Revenue, 2024 (USD Billion)
71.52
Forecast, 2032 (USD Billion)
123.59
CAGR, 2024 - 2032
9.78%
Report Coverage
South Africa

South Africa Pharmaceutical Excipients Market 2018-2032 USD Billion

South Africa Pharmaceutical Excipients Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 71.52 USD Billion
  • Projected Market Size (2032): 123.59 USD Billion
  • CAGR (2025-2032): 9.78%

Key Findings of South Africa Pharmaceutical Excipients Market

  • The South Africa Pharmaceutical Excipients Market was valued at 123.59 USD Billion in 2024.
  • The South Africa Pharmaceutical Excipients Market is likely to grow at a CAGR of 9.78% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Liquid in Dosage Form Segment accounted for the largest share of the market with a revenue of 39.49 USD Billion
  • The fastest growing segment Binders and Adhesives in Functionality Segment grew Fastest with a CAGR of 14.77% during the forecast period from 2024 to 2032.

South Africa Pharmaceutical Excipients Market Scope

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

South Africa Pharmaceutical Excipients Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 71.52 USD Billion
Market Value in 2032 123.59 USD Billion
CAGR (2025-2032) 9.78%
Historic Data 2016-2023
Market Segments Covered Route of Administration ,Dosage Form ,End User,Distribution Channel,Functionality

Regional Insights:

  • Leading Market (2024-2032): South Africa, leading in terms of revenue 71.52 USD Billion in 2024
    • Key Country: South Africa, leading in terms of revenue with value of 71.52 USD Billion in 2024.

Segments and Scope

  • South Africa Pharmaceutical Excipients Market to 2032, By Route of Administration
    • Oral Excipients is the largest segment in South Africa Pharmaceutical Excipients Market to 2032 with a revenue of 27.54 USD Billion in the year 2024.
    • Oral Excipients is the Fastest growing segment in South Africa Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.81 % in forecast period 2025-2032.
  • South Africa Pharmaceutical Excipients Market to 2032, By Dosage Form
    • Liquid is the largest segment in South Africa Pharmaceutical Excipients Market to 2032 with a revenue of 39.49 USD Billion in the year 2024.
    • Liquid is the Fastest growing segment in South Africa Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.10 % in forecast period 2025-2032.
  • South Africa Pharmaceutical Excipients Market to 2032, By End User
    • Pharmaceutical and Biopharmaceutical Companies is the largest segment in South Africa Pharmaceutical Excipients Market to 2032 with a revenue of 31.24 USD Billion in the year 2024.
    • Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in South Africa Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.36 % in forecast period 2025-2032.
  • South Africa Pharmaceutical Excipients Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in South Africa Pharmaceutical Excipients Market to 2032 with a revenue of 37.55 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in South Africa Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.47 % in forecast period 2025-2032.
  • South Africa Pharmaceutical Excipients Market to 2032, By Functionality
    • Binders and Adhesives is the largest segment in South Africa Pharmaceutical Excipients Market to 2032 with a revenue of 13.00 USD Billion in the year 2024.
    • Binders and Adhesives is the Fastest growing segment in South Africa Pharmaceutical Excipients Market to 2032 with a Growth rate of 14.77 % in forecast period 2025-2032.

South Africa 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
South Africa Pharmaceutical Excipients Market Company Share Analysis

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

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

South Africa Pharmaceutical Excipients Market Company Profiling

South Africa Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The South Africa Pharmaceutical Excipients Market is segmented based on Segmentation Route of Administration ,Dosage Form ,End User,Distribution Channel,Functionality.
South Africa Pharmaceutical Excipients Market was valued at USD 71.52(Revenue in USD Billion) in 2021.
South Africa Pharmaceutical Excipients Market is projected to grow at a CAGR of 9.78% during the forecast period of 2024 to 2032.
The Liquid segment is expected to dominate the South Africa Pharmaceutical Excipients Market, holding a largest market share of 39.49 USD Billion in 2024

South Africa Pharmaceutical Excipients Market Scope

South Africa Pharmaceutical Excipients Market Segmentation & Scope
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients
Dosage Form
  • Liquid
  • Semi-Solid
  • Solid
End User
  • Others
  • Research Organization and Academics
  • Contract Formulators
  • Pharmaceutical and Biopharmaceutical Companies
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
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
Frequently Asked Questions
The South Africa Pharmaceutical Excipients Market is segmented based on Segmentation Route of Administration ,Dosage Form ,End User,Distribution Channel,Functionality.
South Africa Pharmaceutical Excipients Market was valued at USD 71.52(Revenue in USD Billion) in 2021.
South Africa Pharmaceutical Excipients Market is projected to grow at a CAGR of 9.78% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Pharmaceutical Excipients Market for final year is USD 123.59 (USD Billion).

South Africa Pharmaceutical Excipients Market Company Profiling

South Africa Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The South Africa Pharmaceutical Excipients Market is segmented based on Segmentation Route of Administration ,Dosage Form ,End User,Distribution Channel,Functionality.
South Africa Pharmaceutical Excipients Market was valued at USD 71.52(Revenue in USD Billion) in 2021.
South Africa Pharmaceutical Excipients Market is projected to grow at a CAGR of 9.78% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Pharmaceutical Excipients Market for final year is USD 123.59 (USD Billion).

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