Europe Sugar-based Excipients Market by type (Powders and granules, Crystal, Syrup and others), by Product (Actual sugar, Sugar alcohol and Artificial sweeteners), by Functionality (Filler, Diluent, Flavouring agent and Tonicity agent), by Formulation (Oral, Topical and Parenteral), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
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Europe Sugar-based Excipients Market was worth USD 301.21 million in 2016 and estimated to be growing at a CAGR of 4.1%, to reach USD 368.23 million by 2021.
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A certain formulation contains both an active pharmaceutical ingredient and an excipient. It is mainly added with the purpose to enhance the pharmacokinetic properties like stability, dissolution among others.
It is also used to provide colour and taste to the formulation so as to make it look attractive for consumption by children and other patients.
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Some commonly used excipients are- gelatine, complex sugars and mannitol.
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The three key factors that lift the market growth of sugar based excipients include increase usage of co-processed excipient, fast growth in the generics market due to finish of many bestselling drugs, and rising improvement of Orally Disintegrating Tablets (ODT). The practice of mannitol in the form of a wide range of dosage is making sugar alcohol segment highest growing among other sugar based excipient.
Some factors such as shortage of FDA-approved manufacturing sites due to rigorous regulatory requirements hinder sugar based excipients market growth to a certain extent.
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- Powders and granules
- Y-o-Y Growth Analysis, By Type
- Market Attractiveness Analysis, By Type
- Market Share Analysis, By Type
- Actual sugar
- Sugar alcohol
- Artificial sweeteners
- Y-o-Y Growth Analysis, By Product
- Market Attractiveness Analysis, By Product
- Market Share Analysis, By Product
- Flavoring agent
- Tonicity agent
- Y-o-Y Growth Analysis, By Functionality
- Market Attractiveness Analysis, By Functionality
- Market Share Analysis, By Functionality
- Y-o-Y Growth Analysis, By Formulation
- Market Attractiveness Analysis, By Formulation
- Market Share Analysis, By Formulation
On the basis of geography, the market is analysed under various regions namely U.K, Germany, Italy, France, Spain and Poland. Due to increasing investment in factors like drug development and production of the generic drug, as well as, favourable government policies made Eastern and Western Europe leading region in sugar based excipients market.
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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