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Excipients in Pharmaceuticals

November 06, 2009

 

Wellesley, Mass. – According to a new technical market research report, EXCIPIENTS IN PHARMACEUTICALS (PHM010F) from BCC Research (www.bccresearch.com), the global market for excipients in pharmaceuticals is estimated to be worth nearly $5 billion in 2009. That is expected to increase to $6.6 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 6%.
 
The largest segment of the market, organic excipients, is estimated to be worth more than $4 billion in 2009, and is expected to increase at a CAGR of 6.4% to reach $5.5 billion in 2014.
 
The second-largest segment, inorganic excipients, is worth an estimated $861 million in 2009. That is expected to increase to more than $1 billion in 2014, for a CAGR of 3.8%
 
SUMMARY FIGURE
GLOBAL EXCIPIENT MARKET, 2009 AND 2014
($ MILLIONS)
GLOBAL EXCIPIENT MARKET, 2009 AND 2014
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Source: BCC Research
 
Powerful forces affect the global excipients industry in 2009, including a crisis in the global supply chain, the demands of Quality by Design, worries about drug safety, new legislation in the offing, a need for new excipients, exciting ideas for unlocking the industry's creativity, and new levels of cooperation between major players (for example, Dow and Colorcon). These forces are reshaping the business rapidly. And, as if these factors weren’t enough, companies are also contending with a nasty recession. Up-to-date information is essential for competitors.
 
The primary goals of this technical/market report are to provide a detailed analysis of the excipients market today and a forecast of what the market will look like in 5 years. The specific objectives: (1) identify excipients being used; (2) quantify global market volume; (3) track important developments; (4) analyze the structure of the industry and its driving forces; (5) examine the most active companies and describe how they respond to market demands; and (6) provide data with which the reader can further evaluate the industry.

The report should be of value to companies interested in entering or expanding their involvement in the field. The report should provide senior marketing personnel and executive planners with insight about what materials can best satisfy customer demands. Market projections may be of interest to venture capitalists interested in exploring commercialization opportunities, as well as companies and personnel involved in designing and constructing chemical and excipient manufacturing plants and/or those who service such plants.

Excipients in Pharmaceuticals( PHM010F )
Publish Date: Sep 2009    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.

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