첨가제 시장 규모, 점유율 및 동향 분석 보고서 : 제품별, 제형별, 기능별, 지역별 및 부문별 예측(2026-2033년)

Excipients Market Summary

The global excipients market size was estimated at USD 10,690.68 million in 2025 and is projected to reach USD 14,746.68 million by 2033, growing at a CAGR of 4.11% from 2026 to 2033. Excipients are increasingly valued for enhancing drug functionality and offering a competitive edge in formulations, driving their widespread adoption among pharmaceutical companies.

Continuous research and development of optimized excipients for improved drug delivery have strengthened market growth, while the trend toward more advanced, multifunctional excipients is shaping the current pharmaceutical landscape. Excipients continue to play a critical role in enhancing drug functionality and improving patient outcomes, driving widespread adoption among pharmaceutical companies. Rising demand for advanced excipients that support nanoparticle drug delivery and targeted therapies in oncology, metabolic, and chronic disease treatments is boosting innovation and adoption. Patent expirations of major drugs are also encouraging the development of optimized formulations with multifunctional excipients to improve stability, solubility, and bioavailability.

Pharmaceutical firms are now actively engaged in R&D for next-generation excipients, focusing on compatibility with biologics, sustained-release formulations, and patient-friendly delivery systems. For instance, in December 2025, Pfizer Inc. and Cipla Ltd. entered a strategic partnership in India under which Cipla will exclusively market and distribute four key Pfizer brands across the country, combining Pfizer's established products with Cipla's extensive distribution network to expand access to essential medications nationwide, highlighting the role of collaborations in advancing drug formulation and delivery innovation.

The growing emphasis on customized drug delivery is further driving excipient innovation, as companies aim to improve bioavailability and patient compliance. Firms like Novartis AG, Sanofi S.A., and Teva Pharmaceutical Industries Ltd. are exploring multifunctional excipients for oral, injectable, and sustained-release formulations. Increasing collaborations between pharmaceutical and specialty chemical companies are accelerating the development of stable, high-performance excipients suitable for complex therapies. In addition, the integration of excipients in nanoparticle and biologic formulations is expanding their role in targeted treatment strategies. Regulatory agencies are also encouraging the adoption of advanced excipients through updated guidelines, ensuring safety and quality. Together, these trends are expected to sustain robust growth and innovation in the excipients sector over the coming years.

Global Excipients Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global excipients market report based on product, formulation, function, and region:

• Product Outlook (Revenue, USD Million, 2021 - 2033)
• Polymers
  • MCC
  • HPMC
  • Ethyl Cellulose
  • Methyl Cellulose
  • CMC
  • Croscarmellose Sodium
  • Povidone
  • Pregelatinized starch
  • Sodium starch glycolate
  • Polyethylene Glycol
  • Acrylic Polymers
• Alcohols
  • Glycerin
  • Propylene Glycol
  • Sorbitol
  • Mannitol
  • Others
• Sugar
  • Lactose
  • Sucrose
  • Others
• Minerals
  • Calcium Phosphate
  • Calcium Carbonate
  • Clay
  • Silicon Dioxide
  • Titanium Dioxide
  • Others
• Gelatin
• Formulation Outlook (Revenue, USD Million, 2021 - 2033)
• Oral
• Topical
• Parenteral
• Others
• Function Outlook (Revenue, USD Million, 2021 - 2033)
• Fillers and Diluents
• Suspending & Viscosity Agents
• Coating Agents
• Binders
• Flavoring Agents & Sweeteners
• Disintegrants
• Colorants
• Lubricants and Glidants
• Preservatives
• Emulsifying Agents
• Others
• Regional Outlook (Revenue, USD Million, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Segment Definitions
  • 1.2.1. Product
  • 1.2.2. Formulation
  • 1.2.3. Function
• 1.3. Estimates and Forecast Timeline
• 1.4. Research Methodology
• 1.5. Information Procurement
  • 1.5.1. Purchased Database
  • 1.5.2. GVR's Internal Database
  • 1.5.3. Secondary Sources
  • 1.5.4. Primary Research
• 1.6. Information Analysis
  • 1.6.1. Data Analysis Models
• 1.7. Market Formulation & Data Visualization
• 1.8. Model Details
  • 1.8.1. Commodity Flow Analysis
• 1.9. List of Secondary Sources
• 1.10. Objectives

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. Excipients Market Variables, Trends, & Scope

• 3.1. Market Lineage Outlook
• 3.2. Market Dynamics
  • 3.2.1. Market Driver Analysis
  • 3.2.2. Market Restraint Analysis
• 3.3. Business Environment Analysis
  • 3.3.1. Industry Analysis - Porter's Five Forces Analysis
    • 3.3.1.1. Supplier Power
    • 3.3.1.2. Buyer Power
    • 3.3.1.3. Substitution Threat
    • 3.3.1.4. Threat of New Entrants
    • 3.3.1.5. Competitive Rivalry
  • 3.3.2. PESTLE Analysis
  • 3.3.3. Pricing Analysis

Chapter 4. Excipients Market: Product Business Analysis

• 4.1. Product Market Share, 2025 & 2033
• 4.2. Product Segment Dashboard
• 4.3. Market Size & Forecasts and Trend Analysis, by Product, 2021 to 2033 (USD Million)
• 4.4. Polymers
  • 4.4.1. Polymers Market, 2021 - 2033 (USD Million)
  • 4.4.2. MCC
    • 4.4.2.1. MCC Market, 2021 - 2033 (USD Million)
  • 4.4.3. HPMC
    • 4.4.3.1. HPMC Market, 2021 - 2033 (USD Million)
  • 4.4.4. Ethyl Cellulose
    • 4.4.4.1. Ethyl Cellulose Market, 2021 - 2033 (USD Million)
  • 4.4.5. Methyl Cellulose
    • 4.4.5.1. Methyl Cellulose Market, 2021 - 2033 (USD Million)
  • 4.4.6. CMC
    • 4.4.6.1. CMC Market, 2021 - 2033 (USD Million)
  • 4.4.7. Croscarmellose Sodium
    • 4.4.7.1. Croscarmellose Sodium Market, 2021 - 2033 (USD Million)
  • 4.4.8. Povidone
    • 4.4.8.1. Povidone Market, 2021 - 2033 (USD Million)
  • 4.4.9. Pregelatinized starch
    • 4.4.9.1. Pregelatinized starch Market, 2021 - 2033 (USD Million)
  • 4.4.10. Sodium starch glycolate
    • 4.4.10.1. Sodium starch glycolate Market, 2021 - 2033 (USD Million)
  • 4.4.11. Polyethylene Glycol
    • 4.4.11.1. Polyethylene Glycol Market, 2021 - 2033 (USD Million)
  • 4.4.12. Acrylic Polymers
    • 4.4.12.1. Acrylic Polymers Market, 2021 - 2033 (USD Million)
• 4.5. Alcohols
  • 4.5.1. Alcohols Market, 2021 - 2033 (USD Million)
  • 4.5.2. Glycerin
    • 4.5.2.1. Glycerin Market, 2021 - 2033 (USD Million)
  • 4.5.3. Propylene Glycol
    • 4.5.3.1. Propylene Glycol Market, 2021 - 2033 (USD Million)
  • 4.5.4. Sorbitol
    • 4.5.4.1. Sorbitol Market, 2021 - 2033 (USD Million)
  • 4.5.5. Mannitol
    • 4.5.5.1. Mannitol Market, 2021 - 2033 (USD Million)
  • 4.5.6. Others
    • 4.5.6.1. Others Market, 2021 - 2033 (USD Million)
• 4.6. Sugar
  • 4.6.1. Sugar Market, 2021 - 2033 (USD Million)
  • 4.6.2. Lactose
    • 4.6.2.1. Lactose Market, 2021 - 2033 (USD Million)
  • 4.6.3. Sucrose
    • 4.6.3.1. Sucrose Market, 2021 - 2033 (USD Million)
  • 4.6.4. Others
    • 4.6.4.1. Others Market, 2021 - 2033 (USD Million)
• 4.7. Minerals
  • 4.7.1. Minerals Market, 2021 - 2033 (USD Million)
  • 4.7.2. Calcium Phosphate
    • 4.7.2.1. Calcium Phosphate Market, 2021 - 2033 (USD Million)
  • 4.7.3. Calcium Carbonate
    • 4.7.3.1. Calcium Carbonate Market, 2021 - 2033 (USD Million)
  • 4.7.4. Clay
    • 4.7.4.1. Clay Market, 2021 - 2033 (USD Million)
  • 4.7.5. Silicon Dioxide
    • 4.7.5.1. Silicon Dioxide Market, 2021 - 2033 (USD Million)
  • 4.7.6. Titanium Dioxide
    • 4.7.6.1. Titanium Dioxide Market, 2021 - 2033 (USD Million)
  • 4.7.7. Others
    • 4.7.7.1. Others Market, 2021 - 2033 (USD Million)
• 4.8. Gelatin
  • 4.8.1. Gelatin Market, 2021 - 2033 (USD Million)

Chapter 5. Excipients Market: Formulation Business Analysis

• 5.1. Formulation Market Share, 2025 & 2033
• 5.2. Formulation Segment Dashboard
• 5.3. Market Size & Forecasts and Trend Analysis, by Formulation, 2021 to 2033 (USD Million)
• 5.4. Oral
  • 5.4.1. Oral Market, 2021 - 2033 (USD Million)
• 5.5. Topical
  • 5.5.1. Topical Market, 2021 - 2033 (USD Million)
• 5.6. Parenteral
  • 5.6.1. Parenteral Market, 2021 - 2033 (USD Million)
• 5.7. Others
  • 5.7.1. Others Market, 2021 - 2033 (USD Million)

Chapter 6. Excipients Market: Function Business Analysis

• 6.1. Function Market Share, 2025 & 2033
• 6.2. Function Segment Dashboard
• 6.3. Market Size & Forecasts and Trend Analysis, by Function, 2021 to 2033 (USD Million)
• 6.4. Fillers and Diluents
  • 6.4.1. Fillers and Diluents Market, 2021 - 2033 (USD Million)
• 6.5. Suspending & Viscosity Agents
  • 6.5.1. Suspending & Viscosity Agents Market, 2021 - 2033 (USD Million)
• 6.6. Coating Agents
  • 6.6.1. Coating Agents Market, 2021 - 2033 (USD Million)
• 6.7. Binders
  • 6.7.1. Binders Market, 2021 - 2033 (USD Million)
• 6.8. Flavoring Agents & Sweeteners
  • 6.8.1. Flavoring Agents & Sweeteners Market, 2021 - 2033 (USD Million)
• 6.9. Disintegrants
  • 6.9.1. Disintegrants Market, 2021 - 2033 (USD Million)
• 6.10. Colorants
  • 6.10.1. Colorants Market, 2021 - 2033 (USD Million)
• 6.11. Lubricants and Glidants
  • 6.11.1. Lubricants and Glidants Market, 2021 - 2033 (USD Million)
• 6.12. Preservatives
  • 6.12.1. Preservatives Market, 2021 - 2033 (USD Million)
• 6.13. Emulsifying Agents
  • 6.13.1. Emulsifying Agents Market, 2021 - 2033 (USD Million)
• 6.14. Others
  • 6.14.1. Others Market, 2021 - 2033 (USD Million)

Chapter 7. Excipients Market: Regional Estimates & Trend Analysis

• 7.1. Regional Market Share Analysis, 2025 & 2033
• 7.2. Regional Market Dashboard
• 7.3. Market Size & Forecasts Trend Analysis, 2021 to 2033:
• 7.4. North America
  • 7.4.1. North America Excipients Market Estimates and Forecasts, By Country, 2021 - 2033 (USD Million)
  • 7.4.2. U.S.
    • 7.4.2.1. Key Country Dynamics
    • 7.4.2.2. Regulatory Framework
    • 7.4.2.3. Reimbursement Framework
    • 7.4.2.4. U.S. Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.4.3. Canada
    • 7.4.3.1. Key Country Dynamics
    • 7.4.3.2. Regulatory Framework
    • 7.4.3.3. Reimbursement Framework
    • 7.4.3.4. Canada Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.4.4. Mexico
    • 7.4.4.1. Key Country Dynamics
    • 7.4.4.2. Regulatory Framework
    • 7.4.4.3. Reimbursement Framework
    • 7.4.4.4. Mexico Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.5. Europe
  • 7.5.1. Europe Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.2. UK
    • 7.5.2.1. Key Country Dynamics
    • 7.5.2.2. Regulatory Framework
    • 7.5.2.3. Reimbursement Framework
    • 7.5.2.4. UK Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.3. Germany
    • 7.5.3.1. Key Country Dynamics
    • 7.5.3.2. Regulatory Framework
    • 7.5.3.3. Reimbursement Framework
    • 7.5.3.4. Germany Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.4. France
    • 7.5.4.1. Key Country Dynamics
    • 7.5.4.2. Regulatory Framework
    • 7.5.4.3. Reimbursement Framework
    • 7.5.4.4. France Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.5. Italy
    • 7.5.5.1. Key Country Dynamics
    • 7.5.5.2. Regulatory Framework
    • 7.5.5.3. Reimbursement Framework
    • 7.5.5.4. Italy Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.6. Spain
    • 7.5.6.1. Key Country Dynamics
    • 7.5.6.2. Regulatory Framework
    • 7.5.6.3. Reimbursement Framework
    • 7.5.6.4. Spain Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.7. Denmark
    • 7.5.7.1. Key Country Dynamics
    • 7.5.7.2. Regulatory Framework
    • 7.5.7.3. Reimbursement Framework
    • 7.5.7.4. Denmark Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.8. Sweden
    • 7.5.8.1. Key Country Dynamics
    • 7.5.8.2. Regulatory Framework
    • 7.5.8.3. Reimbursement Framework
    • 7.5.8.4. Sweden Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.5.9. Norway
    • 7.5.9.1. Key Country Dynamics
    • 7.5.9.2. Regulatory Framework
    • 7.5.9.3. Reimbursement Framework
    • 7.5.9.4. Norway Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.6. Asia Pacific
  • 7.6.1. Asia Pacific Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.2. Japan
    • 7.6.2.1. Key Country Dynamics
    • 7.6.2.2. Regulatory Framework
    • 7.6.2.3. Reimbursement Framework
    • 7.6.2.4. Japan Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.3. China
    • 7.6.3.1. Key Country Dynamics
    • 7.6.3.2. Regulatory Framework
    • 7.6.3.3. Reimbursement Framework
    • 7.6.3.4. China Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.4. India
    • 7.6.4.1. Key Country Dynamics
    • 7.6.4.2. Regulatory Framework
    • 7.6.4.3. Reimbursement Framework
    • 7.6.4.4. India Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.5. Australia
    • 7.6.5.1. Key Country Dynamics
    • 7.6.5.2. Regulatory Framework
    • 7.6.5.3. Reimbursement Framework
    • 7.6.5.4. Australia Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.6. South Korea
    • 7.6.6.1. Key Country Dynamics
    • 7.6.6.2. Regulatory Framework
    • 7.6.6.3. Reimbursement Framework
    • 7.6.6.4. South Korea Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.6.7. Thailand
    • 7.6.7.1. Key Country Dynamics
    • 7.6.7.2. Regulatory Framework
    • 7.6.7.3. Reimbursement Framework
    • 7.6.7.4. Thailand Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.7. Latin America
  • 7.7.1. Latin America Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.7.2. Brazil
    • 7.7.2.1. Key Country Dynamics
    • 7.7.2.2. Regulatory Framework
    • 7.7.2.3. Reimbursement Framework
    • 7.7.2.4. Brazil Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.7.3. Argentina
    • 7.7.3.1. Key Country Dynamics
    • 7.7.3.2. Regulatory Framework
    • 7.7.3.3. Reimbursement Framework
    • 7.7.3.4. Argentina Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.8. Middle East and Africa
  • 7.8.1. Middle East and Africa Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.8.2. South Africa
    • 7.8.2.1. Key Country Dynamics
    • 7.8.2.2. Regulatory Framework
    • 7.8.2.3. Reimbursement Framework
    • 7.8.2.4. South Africa Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.8.3. Saudi Arabia
    • 7.8.3.1. Key Country Dynamics
    • 7.8.3.2. Regulatory Framework
    • 7.8.3.3. Reimbursement Framework
    • 7.8.3.4. Saudi Arabia Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.8.4. UAE
    • 7.8.4.1. Key Country Dynamics
    • 7.8.4.2. Regulatory Framework
    • 7.8.4.3. Reimbursement Framework
    • 7.8.4.4. UAE Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 7.8.5. Kuwait
    • 7.8.5.1. Key Country Dynamics
    • 7.8.5.2. Regulatory Framework
    • 7.8.5.3. Reimbursement Framework
    • 7.8.5.4. Kuwait Excipients Market Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 8. Competitive Landscape

• 8.1. Participant Overview
• 8.2. Company Market Position Analysis
• 8.3. Company Categorization
• 8.4. Strategy Mapping
• 8.5. Company Profiles/Listing
  • 8.5.1. Eastman Chemical Corporation
    • 8.5.1.1. Overview
    • 8.5.1.2. Financial Performance
    • 8.5.1.3. Product Benchmarking
    • 8.5.1.4. Strategic Initiatives
  • 8.5.2. P&G Chemicals
    • 8.5.2.1. Overview
    • 8.5.2.2. Financial Performance
    • 8.5.2.3. Product Benchmarking
    • 8.5.2.4. Strategic Initiatives
  • 8.5.3. Avantor Performance Materials, LLC
    • 8.5.3.1. Overview
    • 8.5.3.2. Financial Performance
    • 8.5.3.3. Product Benchmarking
    • 8.5.3.4. Strategic Initiatives
  • 8.5.4. Huntsman Corporation
    • 8.5.4.1. Overview
    • 8.5.4.2. Financial Performance
    • 8.5.4.3. Product Benchmarking
    • 8.5.4.4. Strategic Initiatives
  • 8.5.5. BASF SE
    • 8.5.5.1. Overview
    • 8.5.5.2. Financial Performance
    • 8.5.5.3. Product Benchmarking
    • 8.5.5.4. Strategic Initiatives
  • 8.5.6. Ashland Inc.
    • 8.5.6.1. Overview
    • 8.5.6.2. Financial Performance
    • 8.5.6.3. Product Benchmarking
    • 8.5.6.4. Strategic Initiatives
  • 8.5.7. FMC Corporation
    • 8.5.7.1. Overview
    • 8.5.7.2. Financial Performance
    • 8.5.7.3. Product Benchmarking
    • 8.5.7.4. Strategic Initiatives
  • 8.5.8. Roquette
    • 8.5.8.1. Overview
    • 8.5.8.2. Financial Performance
    • 8.5.8.3. Product Benchmarking
    • 8.5.8.4. Strategic Initiatives
  • 8.5.9. Colorcon Inc.
    • 8.5.9.1. Overview
    • 8.5.9.2. Financial Performance
    • 8.5.9.3. Product Benchmarking
    • 8.5.9.4. Strategic Initiatives
  • 8.5.10. Lubrizol Corporation
    • 8.5.10.1. Overview
    • 8.5.10.2. Financial Performance
    • 8.5.10.3. Product Benchmarking
    • 8.5.10.4. Strategic Initiatives