The global sugar excipients market is projected to reach USD 1,060.6 Million by 2021 from USD 860.6 million in 2016, at a CAGR of 4.3% from 2016 to 2021.
Growth in this market is primarily attributed to increasing use of co-processed excipients, rapid growth in the generics market due to the patent expiration of many blockbuster drugs, and increasing development of orally disintegrating tablets (ODTs). However, stringent regulatory requirements leading to shortage of FDA-approved manufacturing sites can hinder their market growth to a certain extent.
In this report, the global sugar excipients market is segmented on the basis of products, types, functionalities, formulations, and region. On the basis of products, the market is segmented into actual sugars, sugar alcohols, and artificial sweeteners. The actual sugars accounted for the largest share of the sugar excipients market in 2015, owing to its high utilization in oral formulations and pediatric formulations due to its non-toxicity and negligible reaction with drugs.
In 2015, Europe commanded a major share of the global sugar excipients market. Factors such as increasing investments in drug development, increasing production of generic drugs, and favorable government initiatives in the region are contributing to the large share of Europe.
However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to the significant growth in the regional healthcare market as well as the pharmaceutical industry, growing scientific base and capability, favorable government policies, and low-cost manufacturing advantage in this region.
- Archer Daniels Midland Company
- Ashland Inc.
- Associated British Foods Plc
- Basf SE
- Cargill, Inc.
- Colorcon Inc.
- Dfe Pharma
- FMC Corporation
- Meggle AG
- Roquette Group
- The Lubrizol Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Sugar Excipients Market, by Product
8 Global Sugar Excipients Market, by Type
9 Global Sugar Excipients Market, by Functionality
10 Global Sugar Excipients Market, by Formulation
11 Global Sugar Excipients Market, by Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/bnb3mh/sugarbased
Research and Markets
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SOURCE Research and Markets