The Global Sugar Excipients Market to grow from worth USD 860.6 million in 2016 to USD 1.06 billion by 2021 at estimated CAGR of 4.3%.
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According to a new market research report, Global Sugar Excipients Market to grow from worth USD 860.6 million in 2016 to USD 1.06 billion by 2021 at estimated CAGR of 4.3%.
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On the basis of functionality, the market is segmented into fillers, diluents, flavorings agent and tonicity agents. Fillers and diluents account for the major market share due to their widespread use in tablets and capsules.
Based on formulation, the market is segmented into oral, topical and parenteral.
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On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Europe currently dominates the world market due to various favourable government policies issued by the European government. Asia Pacific excluding Japan region is expected to witness highest growth rate in the sugar based excipient market.
Whereas, regions like North and Latin America are experiencing steady growth.
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Some of the key players of the market are Archer Daniels Midland Company, The Lubrizol Corporation, Ashland Inc., Roquette Group, Associated British Foods Plc, Meggle AG, Basf SE, FMC Corporation, Cargill, Inc., Dfe Pharma, and Colorcon Inc.
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