The global glucose excipient market size was valued at US$ 1,058.2 million in 2023 and is projected to reach US$ 1,328.1 million by 2030, growing at a CAGR of 3.3% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 1,058.2 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
3.30% |
2030 Value Projection: |
US$ 1,328.1 Mn |
Figure 1. Global Glucose Excipient Market Share (%), By Region, 2023
Excipients play a vital role in drug formulations, and glucose is an important type of pharmaceutical excipient used in different formulations. Glucose serves its role as excipient by acting as an osmotic agent, sweetening agent, binder, base for syrups, and parenteral formulation, among others. Liquid glucose is used in conjunction with sugar to make flavored candies and chocolates. It is also used to make glucose biscuits. Excipients help keep food products soft and fresh as well as acting as preservatives. Glucose excipients are also widely used in cosmetic formulations.
Market Dynamics:
Increasing demand for glucose excipients from various end-use industries, such as the pharmaceutical and cosmetic industries, growing focus on the drug discovery and development, growing adoption of alcohol-based glucose excipients, and increasing use of cosmetic products are major factors expected to augment the growth of the global glucose excipient market. Moreover, increasing adoption of glucose based excipient for taste masking of obnoxious drugs is also a major driving factor for global glucose excipient market. Moreover, rising elder and pediatrics population who prefers flavored medication is also expected to drive the market growth. For instance, anti-cold medication such as Solvin Cold Syrup, which is manufactured by Ipca Laboratories Limited, an India-based multinational pharmaceutical company, is available in fruit flavor so as to mask the taste of drugs such as chlorpheniramine maleate, paracetamol and phenylephrine, so as to increase the patient compliance.
Key features of the study:
- This report provides in-depth analysis of the global glucose excipient market, and provides market size (US$ million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global glucose excipient market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Roquette Freres, Cargill, Incorporated, Ingredion, ADM, Merck KGaA, DFE Pharma, Gulshan Polyols Ltd., Tereos Group, Tate & Lyle PLC and ungbunzlauer Suisse AG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global glucose excipient market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glucose excipient market
Detailed Segmentation:
- By Type:
- Dextrose Monohydrate
- Anhydrous Dextrose
- Specialty Glucose Variants
- By Form:
- Powdered Glucose
- Crystalline Glucose
- Liquid Glucose
- By Function:
- Fillers & Binders
- Diluents
- Disintegrants
- Others
- By Application:
- Pharmaceuticals
- Cosmeceuticals
- By End User:
- Pharmaceutical and Biotechnology Companies
- Cosmeceuticals Companies
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles:
- Roquette Freres
- Cargill, Incorporated
- Ingredion
- ADM
- Merck KGaA
- DFE Pharma
- Gulshan Polyols Ltd.
- Tereos Group
- Tate & Lyle PLC
- ungbunzlauer Suisse AG