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Organic Pharmaceutical Excipients Market to Grow with a CAGR of 6.93% through 2028

Increased focus on sustainability and eco-friendly practices are expected to drive the Global Organic Pharmaceutical Excipients Market growth in the forecast period, 2024-2028.

 

 According to TechSci Research report, “Organic Pharmaceutical Excipients Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Organic Pharmaceutical Excipients Market stood at USD 8.46 billion in 2022 and is anticipated to grow with a CAGR of 6.42% in the forecast period, 2024-2028. The global organic pharmaceutical excipients market is experiencing remarkable growth, driven by several key factors that are reshaping the pharmaceutical industry. Pharmaceutical excipients, traditionally regarded as inactive ingredients, are now assuming a central role in drug formulation due to their impact on drug stability, bioavailability, and overall performance. Among the various types of pharmaceutical excipients, organic alternatives derived from natural sources have been gaining significant traction, and their market is on the rise. One of the primary drivers behind the growth of the organic pharmaceutical excipients market is the shifting consumer preference towards organic and natural products. This trend is not limited to the food and beverage industry but has extended to pharmaceuticals. Consumers are becoming increasingly health-conscious and wary of synthetic additives in their medications. As a result, they are seeking pharmaceutical products formulated with organic excipients. This preference for clean-label pharmaceuticals has created a substantial demand for organic excipients.

Regulatory bodies worldwide are becoming more stringent when it comes to the safety and quality of pharmaceutical products. They are encouraging pharmaceutical companies to adopt safer and more environmentally friendly excipients in their formulations. Organic pharmaceutical excipients, often sourced from natural materials like cellulose, starch, and gums, are considered a sustainable and eco-friendly option. The alignment of regulatory goals with organic excipient usage is further propelling their market growth.

Global health concerns, including the increasing incidence of chronic diseases and the ongoing COVID-19 pandemic, have highlighted the need for pharmaceutical innovations. Organic excipients are playing a pivotal role in this regard, as they offer pharmaceutical companies a versatile platform for developing new drug formulations. The demand for effective and safe medications to address these health issues is driving pharmaceutical companies to explore the potential of organic excipients.

 

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The pharmaceutical industry has been witnessing remarkable advancements in drug delivery technologies. These innovations aim to improve the efficacy, precision, and patient compliance of drug formulations. Organic pharmaceutical excipients are often at the forefront of these developments. They are utilized in various drug delivery systems, such as nanoparticles, liposomes, and microspheres, to enhance drug solubility, stability, and controlled release. These technological advancements are contributing significantly to the growth of the organic excipients market.

The Global Organic Pharmaceutical Excipients Market is segmented into Type, Functions,  Application, Regional Distribution, And Company.

Based on the Type, Carbohydrates emerged as the dominant segment in the global market for Global Organic Pharmaceutical Excipients Market in 2022. Carbohydrates like cellulose and its derivatives can be employed in a wide range of drug delivery systems. They are used as binders, fillers, disintegrants, and coating agents in various oral and topical formulations. Carbohydrates are naturally occurring in our diets, making them generally recognized as safe (GRAS). This biocompatibility means that they have minimal toxicity and adverse reactions when used as excipients. Carbohydrates, being abundant in nature, especially from plant sources, are relatively cost-effective to produce and process compared to some other excipient types.

Based on the Application, the Oral Formulations segment emerged as the dominant player in the global market for Global Organic Pharmaceutical Excipients Market in 2022. Oral medications, such as tablets and capsules, are among the most preferred dosage forms by patients. They are convenient, easy to administer, and do not require special skills or equipment, enhancing patient compliance. Oral formulations cover a wide spectrum of pharmaceutical products, from over the counter (OTC) drugs and vitamins to prescription medications. This diversity results in a consistently high demand for excipients in oral drug development. Oral formulations allow for precise dosing and the incorporation of various excipients to achieve desired drug release profiles, such as immediate-release, extended-release, or sustained-release, depending on the therapeutic goal. Oral formulations can be designed for targeted drug delivery to specific regions of the gastrointestinal tract, improving drug absorption and therapeutic outcomes.

Based on the Functions, the Disintegrants segment emerged as the dominant player in the global market for Global Organic Pharmaceutical Excipients Market in 2022. Disintegrants play a crucial role in promoting the rapid breakdown and dissolution of solid dosage forms such as tablets and capsules. This property is vital for ensuring that the active pharmaceutical ingredient (API) is released quickly and effectively in the body, leading to faster onset of action. By facilitating the disintegration and subsequent dissolution of the drug, disintegrants can significantly improve the bioavailability of poorly water-soluble APIs. This is essential for enhancing the therapeutic efficacy of many medications. Tablets that disintegrate rapidly are easier for patients to swallow and are more likely to be taken as prescribed. Improved patient compliance is a critical factor in the effectiveness of pharmaceutical treatments.

North America emerged as the dominant player in the global Organic Pharmaceutical Excipients Market in 2022, holding the largest market share. North America boasts one of the world's largest and most advanced pharmaceutical industries. The presence of numerous pharmaceutical companies, research institutions, and a well-established healthcare infrastructure has contributed to a high demand for excipients. Regulatory bodies such as the U.S. Food and Drug Administration (FDA) and Health Canada have stringent standards for pharmaceutical formulations. Organic pharmaceutical excipients, known for their safety and compatibility, align well with these strict regulatory requirements, making them a preferred choice for drug formulation in North America. The North American consumer base has shown a strong preference for clean-label and natural products in recent years. This trend extends to pharmaceuticals, where consumers are seeking medications with fewer synthetic additives and more natural ingredients. Organic excipients align perfectly with this demand for clean-label pharmaceuticals.

 

Major companies operating in Global Organic Pharmaceutical Excipients Market are:

  • Roquette Freres SA
  • DuPont de Nemours Inc.
  • Ashland Inc.
  • BASF SE
  • Kerry Group plc
  • Evonik Industries AG
  • Croda International plc
  • The Lubrizol Corporation
  • Innophos Holdings Inc.
  • Wacker Chemie AG

 

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 “The Global Organic Pharmaceutical Excipients Market is poised for substantial growth in the coming years. Anticipated to be driven by factors such as the increasing consumer demand for clean-label and sustainable pharmaceutical products, the pharmaceutical industry's focus on eco-friendly practices, and regulatory support for organic excipients, this market is set to expand significantly. Additionally, advancements in drug delivery technologies and the rising prevalence of chronic diseases are expected to boost the adoption of organic excipients in pharmaceutical formulations. North America's dominance, driven by a robust pharmaceutical industry and strict regulatory standards, is likely to continue, while other regions are also expected to witness substantial growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Organic Pharmaceutical Excipients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Oleochemicals, Carbohydrates, Petrochemicals, Protein, Other), By Functions (Binders, Coating Agents, Colorants; Disintegrates, Other Functions), By Application (Oral Formulations, Topical Formulations, Parenteral Formulations, Other Applications) By Region and Competition”, has evaluated the future growth potential of Global Organic Pharmaceutical Excipients Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Organic Pharmaceutical Excipients Market.

 

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