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Download Free sampleThe global Excipients market was valued at 3899.74 Million USD in 2021 and will grow with a CAGR of 4.77% from 2021 to 2027, based on Research newly published report.
The prime objective of Excipients Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Excipients Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Excipients are inert substances that are generally used to manufacture different forms of drugs and are present in the finished products. Excipients help in providing long-term stability and make solid formulations bulkier. They also improve the functionality of drugs and make them safer.Based on functionality, the pharmaceutical excipients market is segmented into fillers & diluents, binders, suspending & viscosity agents, flavoring agents & sweeteners, coating agents, colorants, disintegrants, lubricants & glidants, preservatives, emulsifying agents, and other functionalities. The large share of the fillers and diluents segment can be attributed to the increased use of fillers and diluents in the development and production of solid oral drugs.
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