South Korea Excipient Market to 2032
Overview
The South Korea Excipient Market is expected to reach a 194.95 USD Million by 2032 and is projected to grow at a CAGR of 10.19% from 2025 to 2032.
Revenue, 2024 (USD Million)
116.69
Forecast, 2032 (USD Million)
194.95
CAGR, 2024 - 2032
10.19%
Report Coverage
South Korea
South Korea Excipient Market 2018-2032 USD Million
South Korea Excipient Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 116.69 USD Million
- Projected Market Size (2032): 194.95 USD Million
- CAGR (2025-2032): 10.19%
Key Findings of South Korea Excipient Market
- The South Korea Excipient Market was valued at 116.69 USD Million in 2024.
- The South Korea Excipient Market is likely to grow at a CAGR of 10.19% 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 70.22 USD Million
- The fastest growing segment Binders And Adhesives in Functionality Segment grew Fastest with a CAGR of 13.19% during the forecast period from 2024 to 2032.
South Korea Excipient Market Scope
South Korea Excipient Market Segmentation & Scope
Chemistry Synthesis
- Pregelatinized Starch
- Others
- Soy Lecithin
- Cetosteary Aclohol
- Benzyl Alcohol
- Polysorbate
- Sucralose
- Lactose Monohydrate
Chemistry Type
- Minerals
- Synthetic
- Animals
- Plant
Products
- Others
- Gelatin
- Minerals
- Alcohol
- Sugar
- Polymers
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
Category
- Secondary Excipients
- Primary Excipients
Origin
- Inorganic
- Organic
Dosage Form
- Liquid
- Semi-Solid
- Solid
Route of Administration
- Other Excipients
- Parenteral Excipients
- Topical Excipients
- Oral Excipients
Distribution Channel
- Others
- Retail Sales
- Direct Tender
End User
- Others
- Research Organization And Academics
- Contract Formulators
- Pharmaceutical And Biopharmaceutical Companies
South Korea Excipient Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 116.69 USD Million |
| Market Value in 2032 | 194.95 USD Million |
| CAGR (2025-2032) | 10.19% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Chemistry Synthesis, Chemistry Type, Products, Functionality, Category, Origin, Dosage Form, Route of Administration, Distribution Channel, End User |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 116.69 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 116.69 USD Million in 2024.
Segments and Scope
-
South Korea Excipient Market to 2032, By Chemistry Synthesis
- Lactose Monohydrate is the largest segment in South Korea Excipient Market to 2032 with a revenue of 53.23 USD Million in the year 2024.
- Lactose Monohydrate is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 12.31 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Chemistry Type
- Plant is the largest segment in South Korea Excipient Market to 2032 with a revenue of 61.18 USD Million in the year 2024.
- Plant is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 11.13 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Products
- Polymers is the largest segment in South Korea Excipient Market to 2032 with a revenue of 53.38 USD Million in the year 2024.
- Polymers is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 10.88 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Functionality
- Binders And Adhesives is the largest segment in South Korea Excipient Market to 2032 with a revenue of 12.74 USD Million in the year 2024.
- Binders And Adhesives is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 13.19 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Category
- Primary Excipients is the largest segment in South Korea Excipient Market to 2032 with a revenue of 65.59 USD Million in the year 2024.
- Primary Excipients is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 10.53 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Origin
- Organic is the largest segment in South Korea Excipient Market to 2032 with a revenue of 67.52 USD Million in the year 2024.
- Organic is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 10.90 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Dosage Form
- Solid is the largest segment in South Korea Excipient Market to 2032 with a revenue of 55.63 USD Million in the year 2024.
- Liquid is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 10.51 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Route of Administration
- Oral Excipients is the largest segment in South Korea Excipient Market to 2032 with a revenue of 50.03 USD Million in the year 2024.
- Oral Excipients is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 10.68 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in South Korea Excipient Market to 2032 with a revenue of 70.22 USD Million in the year 2024.
- Direct Tender is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 11.14 % in forecast period 2025-2032.
-
South Korea Excipient Market to 2032, By End User
- Contract Formulators is the largest segment in South Korea Excipient Market to 2032 with a revenue of 49.28 USD Million in the year 2024.
- Contract Formulators is the Fastest growing segment in South Korea Excipient Market to 2032 with a Growth rate of 11.81 % in forecast period 2025-2032.
South Korea Excipient Market Company Share Analysis
| Company Name |
|
||
| Kerry Group plc. | |||
| JRS PHARMA | |||
| The Lubrizol Corporation | |||
| Roquette Frères | |||
| Shin-Etsu Chemical Co., Ltd. | |||
South Korea Excipient Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Excipient Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Excipient Market is segmented based on Segmentation Chemistry Synthesis, Chemistry Type, Products, Functionality, Category, Origin, Dosage Form, Route of Administration, Distribution Channel, End User.
South Korea Excipient Market was valued at USD 116.69(Revenue in USD Million) in 2020.
South Korea Excipient Market is projected to grow at a CAGR of 10.19% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the South Korea Excipient Market, holding a largest market share of 70.22 USD Million in 2024
Coming Soon....
South Korea Excipient Market Scope
South Korea Excipient Market Segmentation & Scope
Chemistry Synthesis
- Pregelatinized Starch
- Others
- Soy Lecithin
- Cetosteary Aclohol
- Benzyl Alcohol
- Polysorbate
- Sucralose
- Lactose Monohydrate
Chemistry Type
- Minerals
- Synthetic
- Animals
- Plant
Products
- Others
- Gelatin
- Minerals
- Alcohol
- Sugar
- Polymers
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
Category
- Secondary Excipients
- Primary Excipients
Origin
- Inorganic
- Organic
Dosage Form
- Liquid
- Semi-Solid
- Solid
Route of Administration
- Other Excipients
- Parenteral Excipients
- Topical Excipients
- Oral Excipients
Distribution Channel
- Others
- Retail Sales
- Direct Tender
End User
- Others
- Research Organization And Academics
- Contract Formulators
- Pharmaceutical And Biopharmaceutical Companies
Frequently Asked Questions
The South Korea Excipient Market is segmented based on Segmentation Chemistry Synthesis, Chemistry Type, Products, Functionality, Category, Origin, Dosage Form, Route of Administration, Distribution Channel, End User.
South Korea Excipient Market was valued at USD 116.69(Revenue in USD Million) in 2020.
South Korea Excipient Market is projected to grow at a CAGR of 10.19% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Excipient Market for final year is USD 194.95 (USD Million).
South Korea Excipient Market Company Profiling
Frequently Asked Questions
The South Korea Excipient Market is segmented based on Segmentation Chemistry Synthesis, Chemistry Type, Products, Functionality, Category, Origin, Dosage Form, Route of Administration, Distribution Channel, End User.
South Korea Excipient Market was valued at USD 116.69(Revenue in USD Million) in 2020.
South Korea Excipient Market is projected to grow at a CAGR of 10.19% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Excipient Market for final year is USD 194.95 (USD Million).
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