Global Sugar Based Excipients Market is Expected to Value Over USD 1 Billion by 2026 End

  • 16 Oct 2019

Global Sugar Based Excipients Market is expected to value over USD 1 billion by 2026 end and register a CAGR of over 4% during the forecast period 2019 to 2026.

 

The key factors stimulating the sugar-based excipients market growth are increased utilization of excipients that are co-processed, rapid augmentation in generics and consistent improvements in orally disintegrating tablets (ODTs). The mannitol practice with a variety of doses has made the sugar alcohols the highest proliferating amongst other sugar-based excipients. The high adoption rate of alcohol-based sugars in the latest formulation technologies such as the orally disintegrating tablets is the primary reason for the sugar alcohol segment to witness substantial growth in the future. According to the type of sugar-based excipients, the sugar- based excipient in granular form has accounted for a large sugar-based excipients market share by being prominently used in the pharmaceutical sector.

Even though the necessity and demand of sugar based excipients is consistently increasing, some factors such as a lack of manufacturing sites approved by the FDA owing to stringent necessities of regulations may impede the market growth significantly.

Sugar-based excipients have experienced a widespread approval for its use as an ingredient in making pharmaceutical tablets. Furthermore, they can be utilized to compensate the active agents’ bitter taste thus making it more pleasant to taste. Due to the direct compression becoming the default method of manufacturing tablets, the insistence for sugar-based excipients that are compressed has increased.

 

Key market players included in the global sugar-based excipients industry are Ashland Inc., Archer Daniels Midland Co., BASF SE, DFE Pharma, Roquette Group, Associated British Foods PLC, Cargill Inc., Colorcon Inc., FMC Corp., The Lubrizol Corp., Meggle AG 

 

Global Sugar-Based Excipients Market Segmentation:

By Product

  • Actual Sugars
  • Sugar Alcohols
  • Artificial Sweeteners

By Type

  • Powder/Granules
  • Direct Compression Sugars
  • Crystals
  • Syrups

By Functionality

  • Fillers & Diluents
  • Flavouring Agents
  • Tonicity Agents
  • Other Functionalities

By Formulation

  • Oral Formulation
  • Parenteral Formulations
  • Topical Formulations
  • Other Formulations

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

 

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

 

Objectives of the Study:

  • To provide with an exhaustive analysis on the global sugar based excipients market by product, by type, by functionality, by formulation and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, industry-specific restraints and opportunities)
  • To forecast and evaluate micro-markets and the overall market 
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and the rest of the world
  • To record, evaluate and analyse competitive landscape mapping- technological advancements, product launches, expansions and mergers 

 

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