The US pharmaceutical excipient market is estimated to grow at a CAGR of 7.9% during the forecast period. An exceptional growth for pharmaceutical innovation has been observed in 2015. The US pharmaceutical research sector has been involved in the development of new medicines, and it continues to drive pharmaceutical innovation for patients in the near future.
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The growing pharmaceutical and biopharmaceutical drugs industry in the country significantly creates demand for excipients and hence drives the growth of the market in the country. Moreover, the contribution from major players in the country further drives the US pharmaceutical excipient industry.
For instance, in July 2019, SPI Pharma Inc. partnered with Noramco, Inc. and announced the availability of a new excipient compatibility study for cannabidiol solid oral dosage forms. The study includes various options for the development of cannabidiol (CBD) solid oral dosage forms. The study aimed at starting the formation of finished drug products in patient-friendly dosage forms.
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Market Coverage
- Market number available for – 2018-2025
- Base year- 2018
- Forecast period- 2019-2025
- Segment Covered- By Product and By Formulation Type
- Regions Covered- US
- Competitive Landscape- Colorcon Inc., Merck KGaA, Colorcon Inc., Innophos Holdings, Inc., Lubrizol Corp., and Archer Daniels Midland Co.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Pharmaceutical Excipient Market- Segmentation
By Products
- Solubilizers & Surfactants/Emulsifiers
- Polyols
- Carbohydrates
- Specialty Excipients
By Formulations
- Oral Formulations
- Topical Formulations
- Parenteral Formulations
- Other Formulations
Company Profiles
- ABITEC Corp.
- Overview
- ABITEC Corp. in Pharmaceutical Excipient Landscape
- Recent Developments
- Archer Daniels Midland Co
- BASF SE
- Colorcon, Inc.
- Innophos Holdings, Inc.
- Lubrizol Corp.
- Merck KGaA
- Spectrum Chemical Manufacturing Corp.
- SPI Pharma Inc.
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