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North America Pharmaceutical Excipients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product; Functionality; Type of Formulation

  • ID: 5359818
  • Report
  • June 2021
  • Region: North America
  • 155 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • BASF SE
  • Croda International Plc
  • DuPont de Nemours, Inc.
  • Evonik Industries AG
  • Lubrizol Corporation
  • Roquette Frères
Fillers and Diluents Segment has the Largest Share of Product in the North America Pharmaceutical Excipients Market during 2020-2027



According to this research study titled “North America Pharmaceutical Excipients Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Product, Functionality, and Type of Formulation,” the market is expected to reach US$ 2,877.1 million by 2027 from US$ 1,865.4 million in 2019. The market is estimated to grow at a CAGR of 5.7% from 2020 to 2027. The report provides trends prevailing in the North America Pharmaceutical excipients market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the surge in generics market and growth of the pharmaceutical market backed by multi-functional excipients are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the cost and time intensive drug development process.

The global supply chain of medicines is under pressure because of a deficit of raw materials such as active pharmaceutical ingredients (APIs) and excipients. A large share of the medicines sold in the United States is produced in China and India, while almost 80% of the US API demand is met by these two countries. As one of the world's largest producers of generic medicines (producing 20% of global generics supply), India imports almost 70% of its APIs from China; therefore, disruption in its supply chain has resulted in drug supply shortages. In the likely and best-case scenarios, the effects of disruptions on pharmaceutical production and consequently on excipients demand caused by lockdowns and travel and transport bans across various countries especially in the U.S. is relatively short term. According to the research study, around 24% of patients with COVID-19 suffered from acute heart failure (AHF) in the US when they were first identified with the COVID-19. However, this does not mean that all 24% of COVID-19 patients will suffer from acute heart failure in the future. The demand for drugs is increasing with the rising number of patients with cardiovascular diseases during this pandemic. There is rise in the discovery of clinical drugs for COVID-19 due to which pharmaceutical excipients market is likely to grow. However, the supply disruptions due to extended lockdowns in various countries can have a more substantial impact on oral solid dosage drug manufacturing and, in turn, significantly impact the demand growth of excipients in the North American region.

The market for pharmaceutical excipients market is segmented into product, functionality, and type of formulation. Based on product, the pharmaceutical excipients market is segmented into organic chemicals, inorganic chemicals and other products. In 2019, the organic chemicals segment accounted for the largest share, moreover the same segment is expected to grow at a fastest CAGR during the forecast period. Organic chemicals are chemical compounds that contain carbon-hydrogen bonds and these can be found in natural or synthetic form. Most organic chemicals are carbon based, hence produced by plants or animals, whereas synthetic organic chemicals are produced through chemical reactions. Organically derived pharmaceuticals excipients include oleochemicals, carbohydrates, petrochemicals, proteins, povidones, acrylic polymers, mineral hydrocarbons, starch, cellulose, and others. The most commonly used oleo chemical-based pharmaceutical excipients are fatty alcohols, mineral stearates, glycerin, and lipids. The organic segment is expected to lead the market owing to the rise in the use of organic chemicals in various formulations in the pharmaceutical industry.

DuPont de Nemours, Inc., Roquette Frères, Ashland Global Holdings, Inc., BASF SE, Evonik Industries AG, Associated British Foods Plc, Archer Daniels Midland Company, Lubrizol Corporation, and Croda International Plc are among the leading companies in the North America pharmaceutical excipients market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in October 2019, Ashland announces the launch of three new pharmaceutical solutions, Plasdone S630 Ultra, Benecel XR and XRF, and Viatel bioresorbable polymers. Ashland is expanding its portfolio to meet formulators growing needs and will introduce them at the upcoming tradeshows AAPS and CPhI.

The report segments the North America Pharmaceutical Excipients market as follows:

By Product
  • Organic Chemicals
  • Inorganic Chemicals
  • Other Products
By Functionality
  • Fillers & Diluents
  • Suspending & Viscosity Agents
  • Coating Agents
  • Binders
  • Preservatives
  • Emulsifying Agents
  • Other Functionalities
By Type of Formulation
  • Oral Formulations
  • Topical Formulations
  • Parenteral Formulations
  • Other Formulations
By Country
  • North America - US
  • Canada
  • Mexico
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BASF SE
  • Croda International Plc
  • DuPont de Nemours, Inc.
  • Evonik Industries AG
  • Lubrizol Corporation
  • Roquette Frères
1. Introduction
1.1 Scope of the Study
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 Pharmaceutical Excipients Market - By Product
1.3.2 Pharmaceutical Excipients Market - By Functionality
1.3.3 Pharmaceutical Excipients Market - By Type of Formulation
1.3.4 North America Pharmaceutical Excipients Market - By Country

2. North America Pharmaceutical Excipients Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Pharmaceutical Excipients Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Pharmaceutical Excipients Market- North America PEST Analysis
4.3 Expert Opinion

5. North America Pharmaceutical Excipients Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge In Generics Market
5.1.2 Growth of the Pharmaceutical Market Backed By Multi-Functional Excipients
5.2 Market Restraints
5.2.1 Cost and Time Intensive Drug Development Process
5.3 Future Trends
5.3.1 Rising Demand and Emphasis on Co-Processed Excipients
5.3.2 Improving Excipient Capabilities due to Nanotechnology
5.4 Impact Analysis

6. Pharmaceutical Excipients Market - North America Analysis
6.1 North America Pharmaceutical Excipients Market Revenue Forecasts and Analysis

7. North America Pharmaceutical Excipients Market Analysis and Forecasts To 2027 - By Product
7.1 Overview
7.2 Pharmaceutical Excipients Market Share, by Product, 2019 and 2027 (%)
7.3 Organic Chemicals
7.3.1 Overview
7.3.2 Organic Chemicals: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
7.4 Inorganic Chemicals
7.4.1 Overview
7.4.2 Inorganic Chemicals: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
7.5 Other Products
7.5.1 Overview
7.5.2 Other Products: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)

8. North America Pharmaceutical Excipients Market Analysis and Forecasts To 2027 - By Functionality
8.1 Overview
8.2 Pharmaceutical Excipients Market Share, by Functionality, 2019 and 2027 (%)
8.3 Fillers And Diluents
8.3.1 Overview
8.3.2 Fillers and Diluents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.4 Suspending And Viscosity Agents
8.4.1 Overview
8.4.2 Suspending and Viscosity Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.5 Coating Agents
8.5.1 Overview
8.5.2 Coating Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.6 Binders
8.6.1 Overview
8.6.2 Binders: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.7 Preservatives
8.7.1 Overview
8.7.2 Preservatives: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.8 Emulsifying Agents
8.8.1 Overview
8.8.2 Emulsifying Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
8.9 Other Functionalities
8.9.1 Overview
8.9.2 Other Functionalities: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)

9. North America Pharmaceutical Excipients Market Analysis and Forecasts to 2027- By Type of Formulation
9.1 Overview
9.2 Pharmaceutical Excipients Market Share, by Type of Formulation, 2019 and 2027 (%)
9.3 Oral Formulations
9.3.1 Overview
9.3.2 Oral Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
9.4 Topical Formulations
9.4.1 Overview
9.4.2 Topical Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
9.5 Parenteral Formulations
9.5.1 Overview
9.5.2 Parenteral Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
9.6 Other Formulations
9.6.1 Overview
9.6.2 Other Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)

10. Pharmaceutical Excipients Market Revenue and Forecasts to 2027 - Geographical Analysis
10.1 North America: Pharmaceutical Excipients Market
10.1.1 Overview
10.1.2 North America: Pharmaceutical Excipients Market, by Country, 2019 & 2027 (%)
10.1.3 US: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.3.1 US: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.3.2 US: Pharmaceutical Excipients Market, by Product, 2018-2027 (USD Million)
10.1.3.3 US: Pharmaceutical Excipients Market, by Functionality, 2018-2027 (USD Million)
10.1.3.4 US: Pharmaceutical Excipients Market, by Type of Formulation, 2018-2027 (USD Million)
10.1.4 Canada: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.4.1 Canada: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.4.2 Canada: Pharmaceutical Excipients Market, by Product, 2018-2027 (USD Million)
10.1.4.3 Canada: Pharmaceutical Excipients Market, by Functionality, 2018-2027 (USD Million)
10.1.4.4 Canada: Pharmaceutical Excipients market, by Type of Formulation, 2018-2027 (USD million)
10.1.5 Mexico: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.5.1 Mexico: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
10.1.5.2 Mexico: Pharmaceutical Excipients Market, by Product, 2018-2027 (USD Million)
10.1.5.3 Mexico: Pharmaceutical Excipients Market, by Functionality, 2018-2027 (USD Million)
10.1.5.4 Mexico: Pharmaceutical Excipients Market, by Type of Formulation, 2018-2027 (USD million)

11. Impact Of COVID-19 Pandemic on North America Pharmaceutical Excipients Market
11.1 North America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview

13. Company Profiles
13.1 DuPont de Nemours, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Roquette Frères
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Ashland Global Holdings Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 BASF SE
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Evonik
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Associated British Foods plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Archer Daniels Midland Company
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lubrizol Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Croda International plc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms

List of Tables
Table 1. US Pharmaceutical Excipients Market, by Product - Revenue and Forecast to 2027 (USD Million)
Table 2. US Pharmaceutical Excipients Market, by Functionality - Revenue and Forecast to 2027 (USD Million)
Table 3. US Pharmaceutical Excipients Market, by Type of Formulation - Revenue and Forecast to 2027 (USD Million)
Table 4. Canada Pharmaceutical Excipients Market, by Product - Revenue and Forecast to 2027 (USD Million)
Table 5. Canada Pharmaceutical Excipients Market, by Functionality - Revenue and Forecast to 2027 (USD Million)
Table 6. Canada Pharmaceutical Excipients Market, by Type of Formulation - Revenue and Forecast to 2027 (USD Million)
Table 7. Mexico Pharmaceutical Excipients Market, by Product - Revenue and Forecast to 2027 (USD Million)
Table 8. Mexico Pharmaceutical Excipients Market, by Functionality - Revenue and Forecast to 2027 (USD Million)
Table 9. Mexico Pharmaceutical Excipients Market, by Type of Formulation - Revenue and Forecast to 2027 (USD Million)
Table 10. Organic Developments Done By Companies
Table 11. Inorganic Developments Done By Companies
Table 12. Glossary of Terms, Pharmaceutical Excipients Market

List of Figures
Figure 1. Pharmaceutical Excipients Market Segmentation
Figure 2. North America Pharmaceutical Excipients Market Overview
Figure 3. Organic Chemicals Segment Held Largest Share of Product in Pharmaceutical Excipients Market
Figure 4. Oral Formulations Segment Held Largest Share of Type of Formulation in Pharmaceutical Excipients Market
Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Pharmaceutical Excipients Market - North America PEST Analysis
Figure 7. Pharmaceutical Excipients Market Impact Analysis of Driver and Restraints
Figure 8. North America Pharmaceutical Excipients Market - Revenue Forecasts and Analysis - 2019- 2027
Figure 9. Pharmaceutical Excipients Market Share, by Product, 2019 and 2027 (%)
Figure 10. Organic Chemicals: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 11. Inorganic Chemicals: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 12. Other Products: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 13. Pharmaceutical Excipients Market Share, by Functionality, 2019 and 2027 (%)
Figure 14. Fillers and Diluents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 15. Suspending and Viscosity Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 16. Coating Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 17. Binders: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 18. Preservatives: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 19. Emulsifying Agents: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 20. Other Functionalities: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 21. Pharmaceutical Excipients Market Share, by Type of Formulation, 2019 and 2027 (%)
Figure 22. Oral Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 23. Topical Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 24. Parenteral Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 25. Other Formulations: Pharmaceutical Excipients Market- Revenue and Forecast to 2027 (USD Million)
Figure 26. North America: Pharmaceutical Excipients Market, by Key Country - Revenue (2019) (USD Million)
Figure 27. North America: Pharmaceutical Excipients Market, by Country, 2019 & 2027 (%)
Figure 28. US: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
Figure 29. Canada: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
Figure 30. Mexico: Pharmaceutical Excipients Market - Revenue and Forecast to 2027 (USD Million)
Figure 31. Impact of COVID-19 Pandemic in North American Country Markets
Figure 32. Growth Strategies Done by the Companies in the Market, (%)
Note: Product cover images may vary from those shown
  • DuPont de Nemours, Inc.
  • Roquette Frères
  • Ashland Global Holdings, Inc.
  • BASF SE
  • Evonik Industries AG
  • Associated British Foods Plc
  • Archer Daniels Midland Company
  • Lubrizol Corporation
  • Croda International Plc
Note: Product cover images may vary from those shown
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