Vietnam Excipient Market to 2032

Overview

The Vietnam Excipient Market is expected to reach a 119.34 USD Million by 2032 and is projected to grow at a CAGR of 12.47% from 2025 to 2032.

Revenue, 2024 (USD Million)
64.37
Forecast, 2032 (USD Million)
119.34
CAGR, 2024 - 2032
12.47%
Report Coverage
Vietnam

Vietnam Excipient Market 2018-2032 USD Million

Vietnam Excipient Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 64.37 USD Million
  • Projected Market Size (2032): 119.34 USD Million
  • CAGR (2025-2032): 12.47%

Key Findings of Vietnam Excipient Market

  • The Vietnam Excipient Market was valued at 64.37 USD Million in 2024.
  • The Vietnam Excipient Market is likely to grow at a CAGR of 12.47% 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 38.92 USD Million
  • The fastest growing segment Binders And Adhesives in Functionality Segment grew Fastest with a CAGR of 15.48% during the forecast period from 2024 to 2032.

Vietnam Excipient Market Scope

Vietnam Excipient Market Segmentation & Scope
End User
  • Others
  • Research Organization And Academics
  • Contract Formulators
  • Pharmaceutical And Biopharmaceutical Companies
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients
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
Dosage Form
  • Liquid
  • Semi-Solid
  • Solid
Chemistry Synthesis
  • Pregelatinized Starch
  • Others
  • Soy Lecithin
  • Cetosteary Aclohol
  • Benzyl Alcohol
  • Polysorbate
  • Sucralose
  • Lactose Monohydrate
Products
  • Others
  • Gelatin
  • Minerals
  • Alcohol
  • Sugar
  • Polymers
Chemistry Type
  • Minerals
  • Synthetic
  • Animals
  • Plant
Category
  • Secondary Excipients
  • Primary Excipients
Origin
  • Inorganic
  • Organic

Vietnam Excipient Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Million
Market Value in 2024 64.37 USD Million
Market Value in 2032 119.34 USD Million
CAGR (2025-2032) 12.47%
Historic Data 2016-2023
Market Segments Covered End User, Distribution Channel, Route of Administration, Functionality, Dosage Form, Chemistry Synthesis, Products, Chemistry Type, Category, Origin

Regional Insights:

  • Leading Market (2024-2032): Vietnam, leading in terms of revenue 64.37 USD Million in 2024
    • Key Country: Vietnam, leading in terms of revenue with value of 64.37 USD Million in 2024.

Segments and Scope

  • Vietnam Excipient Market to 2032, By End User
    • Contract Formulators is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 27.17 USD Million in the year 2024.
    • Contract Formulators is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 14.12 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 38.92 USD Million in the year 2024.
    • Direct Tender is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 13.43 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Route of Administration
    • Oral Excipients is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 29.11 USD Million in the year 2024.
    • Oral Excipients is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 12.93 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Functionality
    • Binders And Adhesives is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 7.10 USD Million in the year 2024.
    • Binders And Adhesives is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 15.48 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Dosage Form
    • Solid is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 29.47 USD Million in the year 2024.
    • Liquid is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 12.75 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Chemistry Synthesis
    • Lactose Monohydrate is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 28.56 USD Million in the year 2024.
    • Lactose Monohydrate is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 13.01 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Products
    • Polymers is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 27.21 USD Million in the year 2024.
    • Polymers is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 13.26 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Chemistry Type
    • Plant is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 32.36 USD Million in the year 2024.
    • Plant is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 13.52 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Category
    • Primary Excipients is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 37.45 USD Million in the year 2024.
    • Primary Excipients is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 12.79 % in forecast period 2025-2032.
  • Vietnam Excipient Market to 2032, By Origin
    • Organic is the largest segment in Vietnam Excipient Market to 2032 with a revenue of 36.62 USD Million in the year 2024.
    • Organic is the Fastest growing segment in Vietnam Excipient Market to 2032 with a Growth rate of 13.23 % in forecast period 2025-2032.

Vietnam Excipient Market Company Share Analysis

 
Company Name Company Share Analysis
Kerry Group plc.
JRS PHARMA
The Lubrizol Corporation
Roquette Frères
Shin-Etsu Chemical Co., Ltd.
Vietnam Excipient Market Company Share Analysis

Vietnam Excipient Market Geographical Sales Distribution, 2018-2032 USD Million

Vietnam Excipient Market Geographical Sales Distribution, 2018-2032 USD Million

Vietnam Excipient Market Company Profiling

Vietnam Excipient Market Company Profiling
Frequently Asked Questions
The Vietnam Excipient Market is segmented based on Segmentation End User, Distribution Channel, Route of Administration, Functionality, Dosage Form, Chemistry Synthesis, Products, Chemistry Type, Category, Origin.
Vietnam Excipient Market was valued at USD 64.37(Revenue in USD Million) in 2020.
Vietnam Excipient Market is projected to grow at a CAGR of 12.47% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Vietnam Excipient Market, holding a largest market share of 38.92 USD Million in 2024

Coming Soon....

Vietnam Excipient Market Scope

Vietnam Excipient Market Segmentation & Scope
End User
  • Others
  • Research Organization And Academics
  • Contract Formulators
  • Pharmaceutical And Biopharmaceutical Companies
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients
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
Dosage Form
  • Liquid
  • Semi-Solid
  • Solid
Chemistry Synthesis
  • Pregelatinized Starch
  • Others
  • Soy Lecithin
  • Cetosteary Aclohol
  • Benzyl Alcohol
  • Polysorbate
  • Sucralose
  • Lactose Monohydrate
Products
  • Others
  • Gelatin
  • Minerals
  • Alcohol
  • Sugar
  • Polymers
Chemistry Type
  • Minerals
  • Synthetic
  • Animals
  • Plant
Category
  • Secondary Excipients
  • Primary Excipients
Origin
  • Inorganic
  • Organic
Frequently Asked Questions
The Vietnam Excipient Market is segmented based on Segmentation End User, Distribution Channel, Route of Administration, Functionality, Dosage Form, Chemistry Synthesis, Products, Chemistry Type, Category, Origin.
Vietnam Excipient Market was valued at USD 64.37(Revenue in USD Million) in 2020.
Vietnam Excipient Market is projected to grow at a CAGR of 12.47% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Excipient Market for final year is USD 119.34 (USD Million).

Vietnam Excipient Market Company Profiling

Vietnam Excipient Market Company Profiling
Frequently Asked Questions
The Vietnam Excipient Market is segmented based on Segmentation End User, Distribution Channel, Route of Administration, Functionality, Dosage Form, Chemistry Synthesis, Products, Chemistry Type, Category, Origin.
Vietnam Excipient Market was valued at USD 64.37(Revenue in USD Million) in 2020.
Vietnam Excipient Market is projected to grow at a CAGR of 12.47% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Excipient Market for final year is USD 119.34 (USD Million).

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