Vietnam Pharmaceutical Excipients Market to 2032

Overview

The Vietnam Pharmaceutical Excipients Market is expected to reach a 40.12 USD Billion by 2032 and is projected to grow at a CAGR of 8.93% from 2025 to 2032.

Revenue, 2024 (USD Billion)
24.23
Forecast, 2032 (USD Billion)
40.12
CAGR, 2024 - 2032
8.93%
Report Coverage
Vietnam

Vietnam Pharmaceutical Excipients Market 2018-2032 USD Billion

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

Market Growth and Projections:

  • Market Size (2024): 24.23 USD Billion
  • Projected Market Size (2032): 40.12 USD Billion
  • CAGR (2025-2032): 8.93%

Key Findings of Vietnam Pharmaceutical Excipients Market

  • The Vietnam Pharmaceutical Excipients Market was valued at 40.12 USD Billion in 2024.
  • The Vietnam Pharmaceutical Excipients Market is likely to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Semi-Solid in Dosage Form Segment accounted for the largest share of the market with a revenue of 13.76 USD Billion
  • The fastest growing segment Binders and Adhesives in Functionality Segment grew Fastest with a CAGR of 12.20% during the forecast period from 2024 to 2032.

Vietnam Pharmaceutical Excipients Market Scope

Vietnam 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
  • Semi-Solid
  • Solid
  • Liquid
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
End User
  • Others
  • Research Organization and Academics
  • Contract Formulators
  • Pharmaceutical and Biopharmaceutical Companies
Route of Administration
  • Other Excipients
  • Parenteral Excipients
  • Topical Excipients
  • Oral Excipients

Vietnam Pharmaceutical Excipients Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 24.23 USD Billion
Market Value in 2032 40.12 USD Billion
CAGR (2025-2032) 8.93%
Historic Data 2016-2023
Market Segments Covered Functionality,Dosage Form ,Distribution Channel,End User,Route of Administration

Regional Insights:

  • Leading Market (2024-2032): Vietnam, leading in terms of revenue 24.23 USD Billion in 2024
    • Key Country: Vietnam, leading in terms of revenue with value of 24.23 USD Billion in 2024.

Segments and Scope

  • Vietnam Pharmaceutical Excipients Market to 2032, By Functionality
    • Binders and Adhesives is the largest segment in Vietnam Pharmaceutical Excipients Market to 2032 with a revenue of 6.10 USD Billion in the year 2024.
    • Binders and Adhesives is the Fastest growing segment in Vietnam Pharmaceutical Excipients Market to 2032 with a Growth rate of 12.20 % in forecast period 2025-2032.
  • Vietnam Pharmaceutical Excipients Market to 2032, By Dosage Form
    • Semi-Solid is the largest segment in Vietnam Pharmaceutical Excipients Market to 2032 with a revenue of 13.76 USD Billion in the year 2024.
    • Semi-Solid is the Fastest growing segment in Vietnam Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.22 % in forecast period 2025-2032.
  • Vietnam Pharmaceutical Excipients Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Vietnam Pharmaceutical Excipients Market to 2032 with a revenue of 13.27 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in Vietnam Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.55 % in forecast period 2025-2032.
  • Vietnam Pharmaceutical Excipients Market to 2032, By End User
    • Pharmaceutical and Biopharmaceutical Companies is the largest segment in Vietnam Pharmaceutical Excipients Market to 2032 with a revenue of 11.93 USD Billion in the year 2024.
    • Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in Vietnam Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.36 % in forecast period 2025-2032.
  • Vietnam Pharmaceutical Excipients Market to 2032, By Route of Administration
    • Oral Excipients is the largest segment in Vietnam Pharmaceutical Excipients Market to 2032 with a revenue of 11.20 USD Billion in the year 2024.
    • Oral Excipients is the Fastest growing segment in Vietnam Pharmaceutical Excipients Market to 2032 with a Growth rate of 9.65 % in forecast period 2025-2032.

Vietnam 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
Vietnam Pharmaceutical Excipients Market Company Share Analysis

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

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

Vietnam Pharmaceutical Excipients Market Company Profiling

Vietnam Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The Vietnam Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,Distribution Channel,End User,Route of Administration .
Vietnam Pharmaceutical Excipients Market was valued at USD 24.23(Revenue in USD Billion) in 2021.
Vietnam Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The Semi-Solid segment is expected to dominate the Vietnam Pharmaceutical Excipients Market, holding a largest market share of 13.76 USD Billion in 2024

Vietnam Pharmaceutical Excipients Market Scope

Vietnam 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
  • Semi-Solid
  • Solid
  • Liquid
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
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 Vietnam Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,Distribution Channel,End User,Route of Administration .
Vietnam Pharmaceutical Excipients Market was valued at USD 24.23(Revenue in USD Billion) in 2021.
Vietnam Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Pharmaceutical Excipients Market for final year is USD 40.12 (USD Billion).

Vietnam Pharmaceutical Excipients Market Company Profiling

Vietnam Pharmaceutical Excipients Market Company Profiling
Frequently Asked Questions
The Vietnam Pharmaceutical Excipients Market is segmented based on Segmentation Functionality,Dosage Form ,Distribution Channel,End User,Route of Administration .
Vietnam Pharmaceutical Excipients Market was valued at USD 24.23(Revenue in USD Billion) in 2021.
Vietnam Pharmaceutical Excipients Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Pharmaceutical Excipients Market for final year is USD 40.12 (USD Billion).

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