Global Sugar-Based Excipients Market, By Product (Actual Sugar, Sugar Alcohol and Artificial Sweeteners), Type (Powders, Compression Sugars, Crystals and Syrups), Application (Fillers, Diluents, Tonicity Agents and Flavoring Agents), Formulation (Oral, Topical, Parenteral), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The sugar-based excipients market is expected to witness market growth at a rate of 6.44% in the forecast period of 2021 to 2028. Data Bridge Market Research report on sugar-based excipients market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Excipients are generally inactive ingredient, which aids the active ingredient of the medicine utilized for oral medication in sucrose, glycerol, saccharin sodium, sorbitol and so forth. Sugar based excipients are utilized for bulking the solid formulation and long stability.
Factors such as the growing utilization of co-processed excipients, patent cliffs for sugar excipients, and the growing advancement of orally disintegrating tablets (ODTS) boosting the growth of the sugar based excipients market in the forecast period. The increasing of new drugs advancements and the growing utilization of excipients and co-processed excipients to improvise bioavailability, dissolution, and disintegration of Active Pharmaceutical Ingredients (API), the growing of the number of geriatric and paediatric population are further propelling the growth of the sugar based excipients market in the forecast period. Despite that, strict administrating demands that lead to a shortage of FDA-approved products are most likely to decline the growth of the sugar based excipients market to a definite extent. Also risen of the administrating demands leading to shortage of Fda-approved manufacturing sites are expected to hamper the growth of the sugar based excipients market in the forecast period. Furthermore, the capabilities of sugar based excipients which are accepted from the administrations are most likely to hinder the growth of the sugar based excipients market around the world. Shift in the concentration from the pharmaceutical manufacturing to developing economies offers several opportunities are most likely to further aid in the new opportunities for the growth of the sugar based excipients market in the forecast period. Strict quality control processes and the costing pressure faced by prominent manufacturers are the factors most likely to act as one of the biggest challenges in the growth of the sugar based excipients market during the forecast period.
This sugar-based excipients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on sugar-based excipients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Sugar-Based Excipients Market Scope and Market Size
The sugar-based excipients market is segmented on the basis of product, type, application and formulation. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product, the sugar-based excipients market is segmented into actual sugar, sugar alcohol and artificial sweeteners.
- Based on the type, the sugar-based excipients market is segmented into powders or granules, direct compression sugars, crystals and syrups.
- Based on the application, the sugar-based excipients market is segmented into fillers, diluents, tonicity agents and flavoring agents and other functionalities.
- Based on the formulation, the sugar-based excipients market is segmented into oral formulations, topical formulations, parenteral formulations, other formulations.
Sugar-Based Excipients Market Country Level Analysis
The sugar-based excipients market is analysed and market size, volume information is provided by country, product, type, application and formulation as referenced above.
The countries covered in the sugar-based excipients market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the sugar-based excipients market due to the factors for example the rising investments in drug advancement, the growing production of generic drugs, and suitable government attempts are expected to further boost the growth of the sugar-based excipients market in the region. Asia-Pacific is expected to observe considerable amount of growth in the sugar-based excipients market due to the factors such as the considerable growth in the regional healthcare market as well as in the pharmaceutical industry, the increasing of the scientific base and ability, suitable government strategies, and low expense manufacturing benefits are expected to propel the growth of the sugar-based excipients market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sugar-Based Excipients Market Share Analysis
The sugar-based excipients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sugar-based excipients market.
The major players covered in the sugar-based excipients market report are Roquette Frères, DFE Pharma, BASF SE, Ashland Inc., Archer Daniels Midland Company, MEGGLE AG, Associated British Foods Plc, Cargill, Inc., Colorcon, Inc., FMC Corporation, The Lubrizol Corporation, MB Sugars & Pharmaceuticals, Citron Scientific, Harshad Agencies, Emilio Castelli, New Zealand Pharmaceuticals Limited, IMCD Pharma, Pfanstiehl, Inc.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.