“Sugar–based excipients” have noticed a massive acceptance as ingredients in food and pharmaceutical industry. The products of excipients ranges from sugar – polymer, complex carbohydrates and even animal gelatin and human. It is broadly used in sucrose, glycerol, saccharin, sodium, sorbitol, and others also mostly in antibiotics and cough syrups for children. The usage of sugar-based excipients lowers the bitterness of active agents. Growing innovation of new products in “excipients” is increasing the demand for sugar-based excipients globally. Raising in the demand for the usage of co-processed excipients is one of the key factors driving the sugar-based excipients market. The net market for sugar-based excipients is estimated to be $XX billion in 2016 and is forecast to cross $XX billion by 2023 with a CAGR of $XX% between 2017 and 2023.
Sugar-based excipients market is segmented into form, product, type, functionality, formulation and geography. The market for Sugar-based excipients in various regions through its functionalities such as fillers, diluents and others have been covered in the report.
The market for “sugar-based excipients” is segmented on the basis of regions into North America, Europe, Asia-Pacific, Rest of the World. Competitive landscape for industry and profiles of market players with attributes of company overview, business strategies and product portfolio are provided in the report.
Sample Companies Profiled in this Report are:
- Ashland Inc.
- Archer Daniels Midland Company
- BASF SE
These companies hold substantial share whereas rest of the market shares are marginal chunks to regional and local level manufacturers.