The global pharmaceutical excipients market to grow at a CAGR of 6.53% during the period 2017-2021.
Global Pharmaceutical Excipients Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is demand for new excipients to develop easily consumable drugs. The global pharmaceutical excipients market is significantly driven by the increasing demand for drugs that can be consumed orally. The need to produce drugs that can be swallowed easily, primarily to enhance patient comfort, especially for older people and infants, plays a major role in pushing drug manufacturers to produce easily consumable tablets. This factor, in turn, is fueling the development of new excipients in the pharmaceutical industry.
According to the report, one of the major drivers for this market is growth in the pharmaceutical industry. The global pharmaceutical market is primarily driven by factors like changing lifestyles and unhealthy eating habits, an expanding aging population base, and increasing occurrences of chronic diseases.
Further, the report states that one of the major factors hindering the growth of this market is decreasing R&D expenditures. R&D efforts play a vital role in the development of any industry, and the global pharmaceutical excipients market is no exception. However, the R&D investments in the market are declining at present, which will have a negative impact on the growth of the market over the next five years.
- Evonik Industries
- Dow Chemical
Other prominent vendors:
- Associated British Foods
- Roquette Pharma
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by functionality
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/llhdvk/global
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SOURCE Research and Markets