South Korea Pharmaceutical Excipients Market to 2032
Overview
The South Korea Pharmaceutical Excipients Market is expected to reach a 155.16 USD Billion by 2032 and is projected to grow at a CAGR of 10.35% from 2025 to 2032.
Revenue, 2024 (USD Billion)
87.15
Forecast, 2032 (USD Billion)
155.16
CAGR, 2024 - 2032
10.35%
Report Coverage
South Korea
South Korea Pharmaceutical Excipients Market 2018-2032 USD Billion
South Korea Pharmaceutical Excipients Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 87.15 USD Billion
- Projected Market Size (2032): 155.16 USD Billion
- CAGR (2025-2032): 10.35%
Key Findings of South Korea Pharmaceutical Excipients Market
- The South Korea Pharmaceutical Excipients Market was valued at 155.16 USD Billion in 2024.
- The South Korea Pharmaceutical Excipients Market is likely to grow at a CAGR of 10.35% 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 48.53 USD Billion
- The fastest growing segment Binders and Adhesives in Functionality Segment grew Fastest with a CAGR of 14.71% during the forecast period from 2024 to 2032.
South Korea Pharmaceutical Excipients Market Scope
South Korea 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
Distribution Channel
- Others
- Retail Sales
- Direct Tender
Dosage Form
- Solid
- Semi-Solid
- Liquid
End User
- Others
- Research Organization and Academics
- Contract Formulators
- Pharmaceutical and Biopharmaceutical Companies
Route of Administration
- Other Excipients
- Parenteral Excipients
- Topical Excipients
- Oral Excipients
South Korea Pharmaceutical Excipients Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 87.15 USD Billion |
| Market Value in 2032 | 155.16 USD Billion |
| CAGR (2025-2032) | 10.35% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Functionality,Distribution Channel,Dosage Form ,End User,Route of Administration |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 87.15 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 87.15 USD Billion in 2024.
Segments and Scope
-
South Korea Pharmaceutical Excipients Market to 2032, By Functionality
- Binders and Adhesives is the largest segment in South Korea Pharmaceutical Excipients Market to 2032 with a revenue of 17.72 USD Billion in the year 2024.
- Binders and Adhesives is the Fastest growing segment in South Korea Pharmaceutical Excipients Market to 2032 with a Growth rate of 14.71 % in forecast period 2025-2032.
-
South Korea Pharmaceutical Excipients Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in South Korea Pharmaceutical Excipients Market to 2032 with a revenue of 46.35 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in South Korea Pharmaceutical Excipients Market to 2032 with a Growth rate of 11.02 % in forecast period 2025-2032.
-
South Korea Pharmaceutical Excipients Market to 2032, By Dosage Form
- Solid is the largest segment in South Korea Pharmaceutical Excipients Market to 2032 with a revenue of 48.53 USD Billion in the year 2024.
- Solid is the Fastest growing segment in South Korea Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.66 % in forecast period 2025-2032.
-
South Korea Pharmaceutical Excipients Market to 2032, By End User
- Pharmaceutical and Biopharmaceutical Companies is the largest segment in South Korea Pharmaceutical Excipients Market to 2032 with a revenue of 39.64 USD Billion in the year 2024.
- Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in South Korea Pharmaceutical Excipients Market to 2032 with a Growth rate of 10.88 % in forecast period 2025-2032.
-
South Korea Pharmaceutical Excipients Market to 2032, By Route of Administration
- Oral Excipients is the largest segment in South Korea Pharmaceutical Excipients Market to 2032 with a revenue of 35.75 USD Billion in the year 2024.
- Oral Excipients is the Fastest growing segment in South Korea Pharmaceutical Excipients Market to 2032 with a Growth rate of 11.27 % in forecast period 2025-2032.
South Korea Pharmaceutical Excipients Market Company Share Analysis
| Company Name |
|
||
| Peter Greven GmbH & Co. KG | |||
| Kerry Group Plc. | |||
| The Lubrizol Corporation | |||
| Roquette Frères | |||
| BASF SE | |||
South Korea Pharmaceutical Excipients Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Pharmaceutical Excipients Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Distribution Channel,Dosage Form ,End User,Route of Administration .
South Korea Pharmaceutical Excipients Market was valued at USD 87.15(Revenue in USD Billion) in 2021.
South Korea Pharmaceutical Excipients Market is projected to grow at a CAGR of 10.35% during the forecast period of 2024 to 2032.
The Solid segment is expected to dominate the South Korea Pharmaceutical Excipients Market, holding a largest market share of 48.53 USD Billion in 2024
South Korea Pharmaceutical Excipients Market Scope
South Korea 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
Distribution Channel
- Others
- Retail Sales
- Direct Tender
Dosage Form
- Solid
- Semi-Solid
- Liquid
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 South Korea Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Distribution Channel,Dosage Form ,End User,Route of Administration .
South Korea Pharmaceutical Excipients Market was valued at USD 87.15(Revenue in USD Billion) in 2021.
South Korea Pharmaceutical Excipients Market is projected to grow at a CAGR of 10.35% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Pharmaceutical Excipients Market for final year is USD 155.16 (USD Billion).
South Korea Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The South Korea Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Distribution Channel,Dosage Form ,End User,Route of Administration .
South Korea Pharmaceutical Excipients Market was valued at USD 87.15(Revenue in USD Billion) in 2021.
South Korea Pharmaceutical Excipients Market is projected to grow at a CAGR of 10.35% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Pharmaceutical Excipients Market for final year is USD 155.16 (USD Billion).
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