Biologic Excipients Market - Forecast(2024 - 2030)
Biologic Excipients Market Overview
Biologic Excipients Market size was valued at $1,089 million by 2020, and is
anticipated to reach $1,685million by the end of 2026 growing at a CAGR of 5.8%
during the forecast period 2021-2026. The biologic excipients industry growth
rate is attributed to the need for urgent development of effective vaccines,
the presence of an expansive pharmaceutical industry and is
expected to create new market opportunities. Biologic excipients are substances
other than the pharmacologically active drug component, are included in
the biologic drug manufacturing process or are contained in a finished
pharmaceutical product dosage form. They facilitate formulation design and
perform a range of functions such as increasing lubricity, enhancing flow
ability, and improving compressibility, among others. Increasing demand for
biologic excipients coupled with growing demand for extended-release or
sustained-release formulations are driving the growth of the biologic excipients
market globally. Biologic excipients product types include polymers, sugar
alcohols, polysorbates, inorganic salts, amino acids, surfactants and others.
Excipients are small molecules but critical part of every biologic drug. The
key accomplishment in unlocking the potential for manufacturing pharmaceutical
grade excipients to be used in developing biologics has been attained by
initiating mass manufacturing of biologic excipients for pharmaceutical
applications. Besides, leading companies in the biologic excipients industry
are actively manufacturing various excipients for formulation development of
biologics and other small and large molecule pharmaceuticals. Polymer
excipients are mostly preferred over other biologic excipients available in the
industry.
Biologic Excipients Market Report Coverage
The
report: “Biologic Excipients Market
Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of
the following segments of the Biologic Excipients Market:
By Product Type: Organic, Inorganic and Others.
By Excipient Type: Polymers,
Sugar Alcohols, Polysorbates, Inorganic Salts, Amino Acids, Surfactants and
Others.
By Functionality: Fillers & diluents, Suspending & viscosity agents,
Coating agents, Binders, Flavoring agents & sweeteners, Disintegrants,
Emulsifying agents and Others.
By Formulation Type: Oral formulation, Topical formulation, Parenteral
formulation and Others.
By End Users: Biopharmaceutical Manufacturers, Contract Research
Organizations, Contract Manufacturing Organizations and Research Organizations.
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, Russia,
France, Italy, Spain, and Others), APAC (China, Japan India, Australia and
Others), South America (Brazil, Argentina and Others) and RoW (Middle East and
Africa).
Key Takeaways
- North America dominated the Biologic Excipients Market with a share of 37.16% in the year 2020.
- The factors such as rising global demand for medicines, greater uptake of biologics driving demand for parenteral formulations, increasing acquisition of contract research organizations are amongst the major factor projected to impel growth of Biologic Excipients Market.
- The patent expiration of major blockbuster drugs, growing adoption of advanced drug delivery technologies, increasing research in pediatric formulations, growing demand for extended-release or sustained release formulations are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
Biologic Excipients Market Segment Analysis - By Product Type
On the
basis of product type, organic segment accounted for the largest segmental
revenue of the biologic excipients market in 2020 and is expected to witness significant
growth along the forecast period 2021-2026. The considerable segmental growth
can be associated with the specificity of organic excipients that aids drug
delivery process. Organic biologic excipients enhance the bioavailability of
the final drug. Furthermore, organic excipients cost less as compared to the
inorganic excipients and also have commendable binding properties. Moreover,
these excipients are majorly plant based and free from any side-effects that
increases their preference thereby, fostering the segmental growth.
Global Biologic Excipients Market, By Excipient Type 2020 (%) |
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Biologic Excipients Market Segment Analysis - By Formulation Type
On the
basis of formulation type, oral formulations segment accounted for the largest
segmental revenue of the biologic excipients market in 2020 and is poised to
hold the highest growth rate with a CAGR of 6.89% over the forecast period
2021-2026. The growth is accredited owing to the fact that the oral formulations generally require more
amount of excipients than other forms during the drug development process and
is being promoted owing to adoption of increased patient-centricity approach by drug manufacturers. According to a survey, around 90% of the
formulations available in the market are in the solid tablet form. Industry
players have focused on integrating technology for facilitating the process of
manufacturing oral formulations of improved quality. Furthermore, people usually
prefer administering drugs through oral route since, it is convenient.
Additionally, pharmacogenetics study suggests that efficacy of the oral
formulations is considerably higher as compared to the topical formulations
that positively influences the business growth. All these factors are
anticipated to stimulate market growth during the forecast period 2021-2026.
Biologic Excipients Market Segment Analysis - By Geography
North
America is the major region dominating the Biologic Excipients market with a
market share of 37.16% in the year 2020. This can be attributed to several
factors such as the presence of key players, increasing drug development, and a
large population base. U.S. biologic excipients industry is estimated to grow
rapidly during the analysis period due to increasing prevalence of chronic
disorders such as cancer and diabetes. According to National Cancer Institute,
in 2018, over 1.7 million new cases of cancer were diagnosed and the number is
still projected to increase in the near future. This scenario proves beneficial
for the industry growth as it raises the demand for biological drugs.
Furthermore, improving regulatory scenario will have a positive impact on the
industry growth. Regulatory authorities are developing laws and regulations
that has ensured availability of defect-free drugs in the market. Above
mentioned factors propels the country growth.
However,
Asia-Pacific is projected to be the significant-growing market during the
forecast period 2021-2026 owing to presence of large CMOs involved in drug development. The
countries in this region such as China, India, and South Korea are majorly
involved with the development of biosimilars. There are several reasons for the
extensive development of biosimilars such as affordability, favorable
regulatory framework, cost advantages, and presence of a large population base.
Hence, the development of biosimilars requires biopharmaceutical excipients to
ensure drug stability.
Biologic Excipients Market Drivers
Increasing Demand for Generic Drugs
The Biologic Excipients market
is poised to receive upswing owing to increasing demand for generic drugs
development. Generic drugs are the exact copy of novel drugs that are available
at lower prices in the market. These drugs provide same dosage, strength as
well as quality of medication and make up for more than 80% prescriptions
filled in the U.S. This scenario proves beneficial for biologic excipients
industry growth as it increases the demand for biological excipients for
manufacturing the generic drugs. Moreover, Asian countries with high disease
prevalence project soaring demand for generics. For instance, Indian population
majorly relies on the generic drugs as they are available at low prices and
have showcased maximum efficacy in treating chronic diseases that has raised
the demand for biologic excipients.
Biologic Excipients Market Challenges
Lack of Proper Data Documentation
Despite several drivers, lack of proper data documentation on
GRAS status of excipients, regulatory audits restricting supply capacity,
regulatory hurdles deterring novel excipient development, and stability testing
of excipients imposing cost liabilities on drug manufacturers limit the growth
of biologic excipients market over the forecast period 2021-2026.
Biologic Excipients Market Landscape
Product
launches, mergers and acquisitions, joint ventures and geographical expansions
are key strategies adopted by players in the Biologic Excipients Market. In
2020, Biologic Excipients Market share is fragmented by the top ten players
present in the market. Biologic Excipients Market top 10 companies are B. Braun
Melsungen AG, Medline Industries, Inc., Stryker Corporation, Ackermann
Instrumente GmbH, ASFS Medic’s company, Medino GmbH, Peters Surgical,
Medtronic, Mediflex Surgical Products and Grena LTD and others.
Acquisitions/Product Launches
- In January 2019, In January 2019, DuPont has recently invested fresh sums towards the development of a specialised excipient, FM1000 which could double the shelf life of surfactants.
Relevant Reports:
Report Code: HCR 49126
Report
Code: HCR 60642
For more Lifesciences and Healthcare Market reports, please click here
LIST OF TABLES
1.Global Competition Analysis Market 2023-2030 ($M)2.Global Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
2.1 Polymers Market 2023-2030 ($M) - Global Industry Research
2.2 Sugar Alcohols Market 2023-2030 ($M) - Global Industry Research
2.3 Polysorbates Market 2023-2030 ($M) - Global Industry Research
2.4 Inorganic Salts Market 2023-2030 ($M) - Global Industry Research
2.5 Amino Acids Market 2023-2030 ($M) - Global Industry Research
2.6 Surfactants Market 2023-2030 ($M) - Global Industry Research
2.7 By Excipient Type, Market 2023-2030 ($M) - Global Industry Research
3.Global Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
3.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Global Industry Research
3.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Global Industry Research
3.3 Research Organizations Market 2023-2030 ($M) - Global Industry Research
3.4 By End User, Market 2023-2030 ($M) - Global Industry Research
4.Global Competition Analysis Market 2023-2030 (Volume/Units)
5.Global Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 (Volume/Units)
5.1 Polymers Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Sugar Alcohols Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Polysorbates Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Inorganic Salts Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Amino Acids Market 2023-2030 (Volume/Units) - Global Industry Research
5.6 Surfactants Market 2023-2030 (Volume/Units) - Global Industry Research
5.7 By Excipient Type, Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 (Volume/Units)
6.1 Biopharmaceutical Manufacturers Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Research Organizations Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 By End User, Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Competition Analysis Market 2023-2030 ($M)
8.North America Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
8.1 Polymers Market 2023-2030 ($M) - Regional Industry Research
8.2 Sugar Alcohols Market 2023-2030 ($M) - Regional Industry Research
8.3 Polysorbates Market 2023-2030 ($M) - Regional Industry Research
8.4 Inorganic Salts Market 2023-2030 ($M) - Regional Industry Research
8.5 Amino Acids Market 2023-2030 ($M) - Regional Industry Research
8.6 Surfactants Market 2023-2030 ($M) - Regional Industry Research
8.7 By Excipient Type, Market 2023-2030 ($M) - Regional Industry Research
9.North America Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
9.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Regional Industry Research
9.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Regional Industry Research
9.3 Research Organizations Market 2023-2030 ($M) - Regional Industry Research
9.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
10.South America Competition Analysis Market 2023-2030 ($M)
11.South America Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
11.1 Polymers Market 2023-2030 ($M) - Regional Industry Research
11.2 Sugar Alcohols Market 2023-2030 ($M) - Regional Industry Research
11.3 Polysorbates Market 2023-2030 ($M) - Regional Industry Research
11.4 Inorganic Salts Market 2023-2030 ($M) - Regional Industry Research
11.5 Amino Acids Market 2023-2030 ($M) - Regional Industry Research
11.6 Surfactants Market 2023-2030 ($M) - Regional Industry Research
11.7 By Excipient Type, Market 2023-2030 ($M) - Regional Industry Research
12.South America Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
12.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Regional Industry Research
12.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Regional Industry Research
12.3 Research Organizations Market 2023-2030 ($M) - Regional Industry Research
12.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
13.Europe Competition Analysis Market 2023-2030 ($M)
14.Europe Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
14.1 Polymers Market 2023-2030 ($M) - Regional Industry Research
14.2 Sugar Alcohols Market 2023-2030 ($M) - Regional Industry Research
14.3 Polysorbates Market 2023-2030 ($M) - Regional Industry Research
14.4 Inorganic Salts Market 2023-2030 ($M) - Regional Industry Research
14.5 Amino Acids Market 2023-2030 ($M) - Regional Industry Research
14.6 Surfactants Market 2023-2030 ($M) - Regional Industry Research
14.7 By Excipient Type, Market 2023-2030 ($M) - Regional Industry Research
15.Europe Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
15.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Regional Industry Research
15.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Regional Industry Research
15.3 Research Organizations Market 2023-2030 ($M) - Regional Industry Research
15.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
16.APAC Competition Analysis Market 2023-2030 ($M)
17.APAC Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
17.1 Polymers Market 2023-2030 ($M) - Regional Industry Research
17.2 Sugar Alcohols Market 2023-2030 ($M) - Regional Industry Research
17.3 Polysorbates Market 2023-2030 ($M) - Regional Industry Research
17.4 Inorganic Salts Market 2023-2030 ($M) - Regional Industry Research
17.5 Amino Acids Market 2023-2030 ($M) - Regional Industry Research
17.6 Surfactants Market 2023-2030 ($M) - Regional Industry Research
17.7 By Excipient Type, Market 2023-2030 ($M) - Regional Industry Research
18.APAC Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
18.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Regional Industry Research
18.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Regional Industry Research
18.3 Research Organizations Market 2023-2030 ($M) - Regional Industry Research
18.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
19.MENA Competition Analysis Market 2023-2030 ($M)
20.MENA Biologic Excipients Market Analysis and Forecast , By Excipient Type Market 2023-2030 ($M)
20.1 Polymers Market 2023-2030 ($M) - Regional Industry Research
20.2 Sugar Alcohols Market 2023-2030 ($M) - Regional Industry Research
20.3 Polysorbates Market 2023-2030 ($M) - Regional Industry Research
20.4 Inorganic Salts Market 2023-2030 ($M) - Regional Industry Research
20.5 Amino Acids Market 2023-2030 ($M) - Regional Industry Research
20.6 Surfactants Market 2023-2030 ($M) - Regional Industry Research
20.7 By Excipient Type, Market 2023-2030 ($M) - Regional Industry Research
21.MENA Biologic Excipients Market Analysis and Forecast , By End User Market 2023-2030 ($M)
21.1 Biopharmaceutical Manufacturers Market 2023-2030 ($M) - Regional Industry Research
21.2 Contract Research Organizations/Contract Manufacturing Organizations Market 2023-2030 ($M) - Regional Industry Research
21.3 Research Organizations Market 2023-2030 ($M) - Regional Industry Research
21.4 By End User, Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)2.Canada Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
3.Mexico Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
4.Brazil Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
5.Argentina Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
6.Peru Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
7.Colombia Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
8.Chile Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
9.Rest of South America Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
10.UK Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
11.Germany Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
12.France Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
13.Italy Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
14.Spain Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
15.Rest of Europe Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
16.China Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
17.India Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
18.Japan Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
19.South Korea Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
20.South Africa Biologic Excipients Demand Forecasting Market Revenue, 2023-2030 ($M)
21.North America Biologic Excipients Demand Forecasting By Application
22.South America Biologic Excipients Demand Forecasting By Application
23.Europe Biologic Excipients Demand Forecasting By Application
24.APAC Biologic Excipients Demand Forecasting By Application
25.MENA Biologic Excipients Demand Forecasting By Application