Alcohol Excipients Market: Industry Analysis and Forecast (2021-2027) by Product, Application, and Region

The Alcohol Excipients Market is expected to reach US $3.19 billion by 2027, thanks to growth in the pharmaceutical segment. The report analyzes market dynamics by region and end-user industries.

Alcohol Excipients Market Overview:

The alcohol excipients market was valued at US $2.05 Bn. in 2020, and it is expected to reach US $3.19 Bn. by 2027 with a CAGR of 6.5% during the forecast period. An excipient is a substance that is formulated alongside a medication's active ingredient for long-term stabilization, bulking up solid formulations that contain potent active ingredients in small amounts, or conferring a therapeutic enhancement on the active ingredient in the final dosage form, such as a steroid. An excipient's intended function is to act as the carrier (vehicle or basis) for the active substance, or as a component of the carrier, and to contribute to product attributes such as stability, biopharmaceutical profile, appearance, and patient acceptability, as well as the ease with which the product can be manufactured. For example, cetyl alcohol, glycerol, ethanol, are some of the vital alcohol excipients in the market especially consumed by the pharmaceutical industry for drug production. Alcohol Excipients Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Alcohol Excipients Market Dynamics:

Strict investigations relating to a drug examination across the globe:

Drug development has been hampered by the FDA's (Food and Drug Administration) and the European Medicines Agency's (EMA) changing regulatory circumstances. Several legislative measures are being considered that would address innovative ways to reduce the cost of prescription medications. Similarly, the FDA and the EMA have issued multiple recalls in recent years due to an increased focus on drug production quality. As a result, the rigorous studies associated with drug testing are likely to drive the usage of certain excipients in the development of effective medications across the major economies like China, Germany, the United States, and others.

Emerged COVID-19 pandemic:

The growing emphasis on the quick development of COVID-19 vaccines and medicinal medicines is driving the market growth. Excipients are important in the creation of biologics as they support keeping the medicine stable during storage and processing. The utilization of appropriate biopharmaceutical excipients allows for the creation of novel medicines and dependable pharmaceutical products to combat the pandemic. Organizations supporting the development of COVID-19 vaccinations struck a long-term supply deal with large pharmaceutical companies. Pfizer Inc., for example, signed a five-year deal with Croda International for lipid-based excipients to be consumed in the manufacture of Pfizer's COVID-19 vaccine in November 2020. Moderna also signed a supply agreement with Corden Pharma in May 2020 for the large-scale production of lipid excipient for the development of Moderna's COVID-19 vaccine, mRNA-1273.

Ongoing collaborations:

Major organizations and government agencies are working together to expand the use of new excipients. For example, the United States Food and Drug Administration (FDA) launched a pilot program in December 2019 to examine innovative biopharmaceutical excipients. Several firms afterward backed the proposal, including AstraZeneca, Regeneron, and Janssen, in support of the FDA's plan to assess innovative biopharmaceutical excipients. Regeneron highlighted several new excipients that have the potential to improve public health, such as hydrophobic salts, which can help to lower the viscosity of highly concentrated antibody compositions. Thus, these ongoing collaborations are expected to provide lucrative growth opportunities for the market over the forecast period.

Alcohol Excipients Market Segment Analysis:

Based on Product, the alcohol excipients market is segmented into three types as follows, sorbitol, glycerin, and others. In 2020, the sorbitol segment was dominant and held xx% of the overall market share in terms of revenue. Alcohol excipients are being widely used in the pharmaceutical sector around the world, and their rising medical applications are driving the market growth. The sorbitol segment is expected to dominate the market over the forecast period concerning its increasing consumption in the pharmaceutical industry. Alcohol Excipients Market 1 Based on Application, the alcohol excipients market is segmented into four types as follows, pharmaceutical, personal care, cosmetics, and others. In 2020, the pharmaceutical segment was dominant and held more than 70% of the overall market share in terms of revenue. The reason behind the dominance was the emergence of the COVID-19 pandemic, which made all the pharmaceutical organizations emphasize the production of medicines and vaccines to overcome the pandemic. During the COVID-19 pandemic, the pharmaceutical segment experienced tremendous growth and generated annual revenue of USD $1270 billion in 2020 and the trend is expected to continue over the forecast period increasing the consumption of alcohol excipients globally.

Alcohol Excipients Market Regional Insights:

In 2020, the Asia Pacific region was dominant and held more than xx% of the overall market share in terms of revenue. The growth of the alcohol excipients market in these regions has been supported by the presence of major players like Cipla, Pfizer, Novartis, AstraZeneca, and others in the production of drugs. An increasing population leading to rising health issues and greater demand for high-quality drugs have also supported the market's development in this region. The North American market held a considerable xx% of the overall market share in 2020 and is expected to grow at a CAGR of approximately xx% during the forecast period. Alcohol Excipients Market 2 The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.

Alcohol Excipients Market Scope: Inquire before buying

Alcohol Excipients Market 3

Alcohol Excipients Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Alcohol Excipients Market Key Players

Associated British Foods • Archer Daniels Midland • J.M. Huber Corporation • Dow Chemical • FMC Corporation • BASF SE • Abitec Corporation • Evonik Industries • Merck AGNovozymes • Purdue Pharma • Solvay • Sterling Biotech • USG • Mitsubishi Chemical Performance Polymers • Lubrizol Corporation • Avantor Performance Materials • Nitta Gelatin • Others

Frequently Asked Questions:

1. What is the forecast period considered for the Alcohol Excipients market report? Ans. The forecast period for the alcohol excipients market is 2021-2027. 2. Which key factors are hindering the growth of the Alcohol Excipients market? Ans. The strict rules and regulations about drug examinations are key factors expected to hinder the growth of the market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Alcohol Excipients market for the next 6 years? Ans. The alcohol excipients market is expected to grow at a CAGR of 6.5% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Alcohol Excipients market? Ans. The emerged COVID-19 pandemic and increased emphasis on the production of the high-quality drug are the key factors expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered for the Alcohol Excipients market report? Ans. Associated British Foods, Archer Daniels Midland, J.M. Huber Corporation, Dow Chemical, FMC Corporation, BASF SE, Abitec Corporation, Evonik Industries, Merck AG, Novozymes, Purdue Pharma, Solvay, Sterling Biotech, USG, Mitsubishi Chemical Performance Polymers, Lubrizol Corporation, Avantor Performance Materials, Nitta Gelatin, and Others.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Alcohol Excipients Market Size, by Market Value (US $Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Alcohol Excipients Market 3.4. Geographical Snapshot of the Alcohol Excipients Market, By Manufacturer share 4. Global Alcohol Excipients Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Alcohol Excipients Market 5. Supply Side and Demand Side Indicators 6. Global Alcohol Excipients Market Analysis and Forecast, 2020-2027 6.1. Global Alcohol Excipients Products Market Size & Y-o-Y Growth Analysis. 7. Global Alcohol Excipients Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 7.1.1. Sorbitol 7.1.2. Glycerin 7.1.3. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.2.1. Pharmaceutical 7.2.2. Personal care 7.2.3. Cosmetics 7.2.4. Others 8. Global Alcohol Excipients Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Alcohol Excipients Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 9.1.1. Sorbitol 9.1.2. Glycerin 9.1.3. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.2.1. Pharmaceutical 9.2.2. Personal care 9.2.3. Cosmetics 9.2.4. Others 10. North America Alcohol Excipients Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Alcohol Excipients Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Alcohol Excipients Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Alcohol Excipients Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Alcohol Excipients Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Alcohol Excipients Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Alcohol Excipients Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Alcohol Excipients Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Alcohol Excipients Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Alcohol Excipients Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Alcohol Excipients Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Alcohol Excipients Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Alcohol Excipients Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Alcohol Excipients Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Alcohol Excipients Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Alcohol Excipients Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Alcohol Excipients Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Alcohol Excipients Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Alcohol Excipients Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Alcohol Excipients Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Alcohol Excipients Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Alcohol Excipients Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Alcohol Excipients Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Alcohol Excipients Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Alcohol Excipients Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Alcohol Excipients Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Alcohol Excipients Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Alcohol Excipients Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Alcohol Excipients Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Alcohol Excipients Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America Alcohol Excipients Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Alcohol Excipients Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Alcohol Excipients Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Alcohol Excipients Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Alcohol Excipients Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Product, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Alcohol Excipients Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Application, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Associated British Foods 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Archer Daniels Midland 45.3.3. J.M. Huber Corporation 45.3.4. Dow Chemical 45.3.5. FMC Corporation 45.3.6. BASF SE 45.3.7. Abitec Corporation 45.3.8. Evonik Industries 45.3.9. Merck AG 45.3.10. Novozymes 45.3.11. Purdue Pharma 45.3.12. Solvay 45.3.13. Sterling Biotech 45.3.14. USG 45.3.15. Mitsubishi Chemical Performance Polymers 45.3.16. Lubrizol Corporation 45.3.17. Avantor Performance Materials 45.3.18. Nitta Gelatin 45.3.19. Others 46. Primary Key Insights

About This Report

Report ID122624
Category Material & Chemical
Published DateOct 2021
Updated DateOct 2021
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