Towards Healthcare
Pharmaceutical Excipients Market Size Projects $15.49 Bn by 2034

Pharmaceutical Excipients Market Trends, Growth Drivers and Forecast (2024 - 2034)

Market insights predict the global pharmaceutical excipients industry will increase from USD 10.41 billion in 2024 to USD 15.49 billion by 2034, achieving a CAGR of 4.06%. Pharmaceutical excipients, though meant to be inert, can sometimes cause reactions. They aid drug stability, delivery, and identification. With rising drug demand, R&D, and generics use, the market is growing—led by Europe, with Asia-Pacific rising fastest.

  • Insight Code: 5535
  • No. of Pages: 400
  • Format: PDF/PPT/Excel
  • Published: May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

FAQ's

The most commonly used excipients include microcrystalline cellulose, lactose, and magnesium stearate.

Excipients are classified based on the route of administration and origin, such as inorganic and organic.

Food and Drug Administration, National Medical Products Administration, European Medicines Agencies, World Health Organization.