Sugar-Based Excipients Market is Anticipated to Grow at an Impressive CAGR During 2021-2026

Stratview Research has recently added a new report titled to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Sugar-Based Excipients Market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2021 to 2026
The key players covered in this report are –
· Ashland Global Specialty Chemicals Inc. (US)
· The Archer-Daniels-Midland Company (US)
· BASF SE (Germany)
· DFE Pharma (Germany)
· Roquette (France)
· Associated British Foods plc (UK)
· Cargill, Inc. (US)
· Colorcon Incorporated (US)
· FMC Corporation (US)
· The Lubrizol Corporation (US)
· Meggle (Germany)
Market Highlights
The Sugar-Based Excipients Market is expected to grow from USD 1.1 billion in 2020 to USD 1.4 billion by 2026 at a CAGR of over 4.1% during the forecast period.
Segment-wise analysis
Based on formulation, the market has been segmented into oral formulations, parenteral formulations, and topical formulations. The oral formulations segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to the increasing development of orally disintegrating tablets (ODTs).
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the presence of an established pharmaceuticals industry coupled with increasing spending on orally disintegrating tablets. The market in Asia-Pacific is expected to be driven by the increasing growth of the pharmaceuticals industry in developing countries, particularly China and India.
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The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
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