Stratview Research has published a new report titled “Sugar-Based Excipients Market” which is segmented By Product (Actual Sugars, Sugar Alcohols, Artificial Sweeteners), Type (Powder/Granule, Crystal, Syrup), Functionality (Filler & Diluent, Tonicity Agents, Other), Formulation (Oral Formulations, Parenteral Formulations, Topical Formulations) and Region.
As per the study, the Sugar-Based Excipients Market is expected to grow from USD 1.1 billion in 2020 to USD 1.4 billion by 2026 at a CAGR of over 4.1% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on formulation, the market has been segmented into oral formulations, parenteral formulations, and topical formulations. The oral formulations segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to the increasing development of orally disintegrating tablets (ODTs).
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the presence of an established pharmaceuticals industry coupled with increasing spending on orally disintegrating tablets. The market in Asia-Pacific is expected to be driven by the increasing growth of the pharmaceuticals industry in developing countries, particularly China and India.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Sugar-Based Excipients Market:
· Ashland Global Specialty Chemicals Inc. (US)
· The Archer-Daniels-Midland Company (US)
· BASF SE (Germany)
· DFE Pharma (Germany)
· Roquette (France)
· Associated British Foods plc (UK)
· Cargill, Inc. (US)
· Colorcon Incorporated (US)
· FMC Corporation (US)
· The Lubrizol Corporation (US)
· Meggle (Germany)
Key questions answered by the report
- What is the projected CAGR for revenue from the Sugar-Based Excipients Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Sugar-Based Excipients Market?
- Which are the major market players?
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