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Latin America's Pharmaceutical Excipients market “estimated to reach US$ 579 million by 2024” scrutinized in new research

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Latin America Pharmaceutical Excipients Market 2019-2024 report tells the market value in Next Few Years and report shows the whole scenario of Latin America Pharmaceutical Excipients industry.

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The Latin America Pharmaceutical Excipients Market is projected to reach US$ 579 Million by 2024 from US$ 403 Million in 2019, at a CAGR of 7.5%. Factors such as the growing pharmaceuticals industry coupled with advancements in functional excipients, the growing generics market propelled by patent cliffs, and the rapidly growing biopharmaceuticals sector are driving the market for pharmaceutical excipients.

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Browse and in-depth TOC on “Latin America Pharmaceutical Excipients Market"

28 - Tables

11 - Figures

05 - Company Profiles

“The lubricants & glidants segment is expected to grow at the highest rate during the forecast period.”

Based on functionality, pharmaceutical excipients are categorized as fillers & diluents, binders, suspending & viscosity agents, flavoring agents & sweeteners, coating agents, colorants, disintegrants, lubricants & glidants, preservatives, emulsifiers & solubilizers, and other functionalities. The lubricants & glidants segment is projected to witness the highest growth in the LATAM pharmaceutical excipients market during the forecast period.

“Argentina is projected to witness the highest growth during the forecast period.”

Argentina is expected to register the highest growth in the LATAM pharmaceutical excipients during the forecast period. The rising production & consumption of pharmaceutical products, large pool of domestic pharmaceutical manufacturers, rising pharmaceutical expenditure, growing investments by multinational market players in Argentina, growing production of biosimilar products, and rising burden of diseases are factors driving the growth of this segment.

The Study Objectives of this report are:

  • To forecast the size of the Latin America pharmaceutical excipients market, by functionality with respect to countries in Latin America – Mexico, Argentina, Columbia, and Peru
  • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
  • To define, and describe the Latin America pharmaceutical excipients market with respect to functionality and Latin American countries

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#Top Key Players in the “Latin America Pharmaceutical Excipients Market” include are Ashland (US), DowDuPont (US), BASF SE (Germany), Roquette (France), and Kerry Group (Ireland).

Reason to access this report:

  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the Latin America pharmaceutical excipients market.
  • Product & Service Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product or service launches in the Latin America pharmaceutical excipients market.
  • Market Development: Comprehensive information on lucrative emerging regions.
  • Market Diversification: Exhaustive information about new products and services, growing geographies, and recent developments in the Latin America pharmaceutical excipients market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis,and products of the leading players in the Latin America pharmaceutical excipients market.

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