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Industry Research
Excipients Industry Research Report 2026
Market perspective
The global Excipients market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Excipients is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Excipients is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Excipients is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Excipients include Air Liquide, Anhui Sunhere Pharmaceutical Excipients, Archer Daniels Midland, Ashland, Associated British Foods, BASF, Colorcon, Croda International and DFE Pharma, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Excipients market in terms of revenue (US$ million) and, where applicable, sales volume (W Tons), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/W Tons) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Excipients Market by Company
Air Liquide
Anhui Sunhere Pharmaceutical Excipients
Archer Daniels Midland
Ashland
Associated British Foods
BASF
Colorcon
Croda International
DFE Pharma
DOW
DuPont
Evonik
Hunan ER-Kang pharmaceutical
Innophos
JRS Pharma
Kerry Group
Lubrizol
Roquette
Shandong Head Co., Ltd
Toudongbao Biotechnology
Wacker Chemie
Excipients Segment by Type
Organic Excipients
Inorganic Excipients
Excipients Segment by Application
Topical Formulations
Oral Formulations
Parenteral Formulations
Other Formulations
Excipients Segment by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
South America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Excipients market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Excipients and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Excipients.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Excipients manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Excipients by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Excipients in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Organic Excipients
- Inorganic Excipients
Applications
- Topical Formulations
- Oral Formulations
- Parenteral Formulations
- Other Formulations
Companies covered
- Air Liquide
- Anhui Sunhere Pharmaceutical Excipients
- Archer Daniels Midland
- Ashland
- Associated British Foods
- BASF
- Colorcon
- Croda International
- DFE Pharma
- DOW
- DuPont
- Evonik
- Hunan ER-Kang pharmaceutical
- Innophos
- JRS Pharma
- Kerry Group
- Lubrizol
- Roquette
- Shandong Head Co., Ltd
- Toudongbao Biotechnology
- Wacker Chemie
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Excipients Market Size (2021-2032)
- 2.2.2 Global Excipients Sales (2021-2032)
- 2.2.3 Global Excipients Market Average Price (2021-2032)
- 2.3 Excipients by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Organic Excipients
- 2.3.3 Inorganic Excipients
- 2.4 Excipients by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Topical Formulations
- 2.4.3 Oral Formulations
- 2.4.4 Parenteral Formulations
- 2.4.5 Other Formulations
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Excipients Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Excipients Sales (W Tons) of Manufacturers (2021-2026)
- 3.3 Global Excipients Revenue of Manufacturers (2021-2026)
- 3.4 Global Excipients Average Price by Manufacturers (2021-2026)
- 3.5 Global Excipients Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Excipients, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Excipients, Product Type & Application
- 3.8 Global Manufacturers of Excipients, Established Date
- 3.9 Global Excipients Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Air Liquide
- 4.1.1 Air Liquide Company Information
- 4.1.2 Air Liquide Business Overview
- 4.1.3 Air Liquide Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Air Liquide Excipients Product Portfolio
- 4.1.5 Air Liquide Recent Developments
- 4.2 Anhui Sunhere Pharmaceutical Excipients
- 4.2.1 Anhui Sunhere Pharmaceutical Excipients Company Information
- 4.2.2 Anhui Sunhere Pharmaceutical Excipients Business Overview
- 4.2.3 Anhui Sunhere Pharmaceutical Excipients Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 Anhui Sunhere Pharmaceutical Excipients Excipients Product Portfolio
- 4.2.5 Anhui Sunhere Pharmaceutical Excipients Recent Developments
- 4.3 Archer Daniels Midland
- 4.3.1 Archer Daniels Midland Company Information
- 4.3.2 Archer Daniels Midland Business Overview
- 4.3.3 Archer Daniels Midland Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 Archer Daniels Midland Excipients Product Portfolio
- 4.3.5 Archer Daniels Midland Recent Developments
- 4.4 Ashland
- 4.4.1 Ashland Company Information
- 4.4.2 Ashland Business Overview
- 4.4.3 Ashland Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 Ashland Excipients Product Portfolio
- 4.4.5 Ashland Recent Developments
- 4.5 Associated British Foods
- 4.5.1 Associated British Foods Company Information
- 4.5.2 Associated British Foods Business Overview
- 4.5.3 Associated British Foods Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 Associated British Foods Excipients Product Portfolio
- 4.5.5 Associated British Foods Recent Developments
- 4.6 BASF
- 4.6.1 BASF Company Information
- 4.6.2 BASF Business Overview
- 4.6.3 BASF Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 BASF Excipients Product Portfolio
- 4.6.5 BASF Recent Developments
- 4.7 Colorcon
- 4.7.1 Colorcon Company Information
- 4.7.2 Colorcon Business Overview
- 4.7.3 Colorcon Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Colorcon Excipients Product Portfolio
- 4.7.5 Colorcon Recent Developments
- 4.8 Croda International
- 4.8.1 Croda International Company Information
- 4.8.2 Croda International Business Overview
- 4.8.3 Croda International Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Croda International Excipients Product Portfolio
- 4.8.5 Croda International Recent Developments
- 4.9 DFE Pharma
- 4.9.1 DFE Pharma Company Information
- 4.9.2 DFE Pharma Business Overview
- 4.9.3 DFE Pharma Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 DFE Pharma Excipients Product Portfolio
- 4.9.5 DFE Pharma Recent Developments
- 4.10 DOW
- 4.10.1 DOW Company Information
- 4.10.2 DOW Business Overview
- 4.10.3 DOW Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 DOW Excipients Product Portfolio
- 4.10.5 DOW Recent Developments
- 4.11 DuPont
- 4.11.1 DuPont Company Information
- 4.11.2 DuPont Business Overview
- 4.11.3 DuPont Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.11.4 DuPont Excipients Product Portfolio
- 4.11.5 DuPont Recent Developments
- 4.12 Evonik
- 4.12.1 Evonik Company Information
- 4.12.2 Evonik Business Overview
- 4.12.3 Evonik Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.12.4 Evonik Excipients Product Portfolio
- 4.12.5 Evonik Recent Developments
- 4.13 Hunan ER-Kang pharmaceutical
- 4.13.1 Hunan ER-Kang pharmaceutical Company Information
- 4.13.2 Hunan ER-Kang pharmaceutical Business Overview
- 4.13.3 Hunan ER-Kang pharmaceutical Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.13.4 Hunan ER-Kang pharmaceutical Excipients Product Portfolio
- 4.13.5 Hunan ER-Kang pharmaceutical Recent Developments
- 4.14 Innophos
- 4.14.1 Innophos Company Information
- 4.14.2 Innophos Business Overview
- 4.14.3 Innophos Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.14.4 Innophos Excipients Product Portfolio
- 4.14.5 Innophos Recent Developments
- 4.15 JRS Pharma
- 4.15.1 JRS Pharma Company Information
- 4.15.2 JRS Pharma Business Overview
- 4.15.3 JRS Pharma Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.15.4 JRS Pharma Excipients Product Portfolio
- 4.15.5 JRS Pharma Recent Developments
- 4.16 Kerry Group
- 4.16.1 Kerry Group Company Information
- 4.16.2 Kerry Group Business Overview
- 4.16.3 Kerry Group Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.16.4 Kerry Group Excipients Product Portfolio
- 4.16.5 Kerry Group Recent Developments
- 4.17 Lubrizol
- 4.17.1 Lubrizol Company Information
- 4.17.2 Lubrizol Business Overview
- 4.17.3 Lubrizol Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.17.4 Lubrizol Excipients Product Portfolio
- 4.17.5 Lubrizol Recent Developments
- 4.18 Roquette
- 4.18.1 Roquette Company Information
- 4.18.2 Roquette Business Overview
- 4.18.3 Roquette Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.18.4 Roquette Excipients Product Portfolio
- 4.18.5 Roquette Recent Developments
- 4.19 Shandong Head Co., Ltd
- 4.19.1 Shandong Head Co., Ltd Company Information
- 4.19.2 Shandong Head Co., Ltd Business Overview
- 4.19.3 Shandong Head Co., Ltd Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.19.4 Shandong Head Co., Ltd Excipients Product Portfolio
- 4.19.5 Shandong Head Co., Ltd Recent Developments
- 4.20 Toudongbao Biotechnology
- 4.20.1 Toudongbao Biotechnology Company Information
- 4.20.2 Toudongbao Biotechnology Business Overview
- 4.20.3 Toudongbao Biotechnology Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.20.4 Toudongbao Biotechnology Excipients Product Portfolio
- 4.20.5 Toudongbao Biotechnology Recent Developments
- 4.21 Wacker Chemie
- 4.21.1 Wacker Chemie Company Information
- 4.21.2 Wacker Chemie Business Overview
- 4.21.3 Wacker Chemie Excipients Sales, Revenue and Gross Margin (2021-2026)
- 4.21.4 Wacker Chemie Excipients Product Portfolio
- 4.21.5 Wacker Chemie Recent Developments
5 Global Excipients Market Scenario by Region
- 5.1 Global Excipients Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Excipients Sales by Region: 2021-2032
- 5.2.1 Global Excipients Sales by Region: 2021-2026
- 5.2.2 Global Excipients Sales by Region: 2027-2032
- 5.3 Global Excipients Revenue by Region: 2021-2032
- 5.3.1 Global Excipients Revenue by Region: 2021-2026
- 5.3.2 Global Excipients Revenue by Region: 2027-2032
- 5.4 North America Excipients Market Facts & Figures by Country
- 5.4.1 North America Excipients Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Excipients Sales by Country (2021-2032)
- 5.4.3 North America Excipients Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.5 Europe Excipients Market Facts & Figures by Country
- 5.5.1 Europe Excipients Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Excipients Sales by Country (2021-2032)
- 5.5.3 Europe Excipients Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Netherlands
- 5.5.9 Nordic Countries
- 5.6 Asia Pacific Excipients Market Facts & Figures by Country
- 5.6.1 Asia Pacific Excipients Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Excipients Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Excipients Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 China Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Excipients Market Facts & Figures by Country
- 5.7.1 South America Excipients Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Excipients Sales by Country (2021-2032)
- 5.7.3 South America Excipients Revenue by Country (2021-2032)
- 5.7.4 Mexico
- 5.7.5 Brazil
- 5.7.6 Argentina
- 5.8 Middle East and Africa Excipients Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Excipients Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Excipients Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Excipients Revenue by Country (2021-2032)
- 5.8.4 Turkey
- 5.8.5 Saudi Arabia
- 5.8.6 UAE
6 Segment by Type
- 6.1 Global Excipients Sales by Type (2021-2032)
- 6.1.1 Global Excipients Sales by Type (2021-2032) & (W Tons)
- 6.1.2 Global Excipients Sales Market Share by Type (2021-2032)
- 6.2 Global Excipients Revenue by Type (2021-2032)
- 6.2.1 Global Excipients Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Excipients Revenue Market Share by Type (2021-2032)
- 6.3 Global Excipients Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Excipients Sales by Application (2021-2032)
- 7.1.1 Global Excipients Sales by Application (2021-2032) & (W Tons)
- 7.1.2 Global Excipients Sales Market Share by Application (2021-2032)
- 7.2 Global Excipients Revenue by Application (2021-2032)
- 7.2.1 Global Excipients Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Excipients Revenue Market Share by Application (2021-2032)
- 7.3 Global Excipients Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Excipients Value Chain Analysis
- 8.1.1 Excipients Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Excipients Production Mode & Process
- 8.2 Excipients Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Excipients Distributors
- 8.2.3 Excipients Customers
9 Global Excipients Analyzing Market Dynamics
- 9.1 Excipients Industry Trends
- 9.2 Excipients Industry Drivers
- 9.3 Excipients Industry Opportunities and Challenges
- 9.4 Excipients Industry Restraints
10 Report Conclusion
11 Disclaimer
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