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Global Sugar based Excipients Market to expand with a CAGR of about 4.3% in future

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Market Overview:

Sugar-based excipients are the most general form of excipients employed in oral medication. It is broadly applied in sucrose, glycerol, saccharin sodium, sorbitol and others, mainly in antibiotics and cough syrups for kids. Using sugar-based excipient lessen the bitterness of active agents. Among all kind of sugar-based excipient, mannitol is the costly diluent form that is employed to refresh sensation by utilizing it in chewable tablets. The global sugar-based excipients market was valued at USD 936.2 million in 2020 and is expected to rise at a compound annual growth rate of 4.3% to reach USD 1155.55 million by 2025.

Market drivers and restraints:

The reasons that drive the expansion of this market are the rising employment of co-processed excipients, fast growth in the generics industry owing to patent expiration of several blockbuster drugs, and rising development of orally disintegrating tablets (ODTs). Nevertheless, strict regulatory needs which result in a shortage of FDA-approved products are prone to reduce the market expansion to a certain extent.

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Report segmented as:

By form:

By type:

Actual Sugar
Sugar Alcohol
Artificial Sweetener
By functionality:

Tonicity Agent
By formulation:

Geographical analysis:

Based on geography, the sugar-based excipients market has been analyzed into seven major regions namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. Owing to rising investment in factors like drug development and production of the generic drug and also favorable government policies made, Eastern and Western Europe are dominating the global sugar based excipients industry.

Important market players:

Some of the major players of global sugar based excipients market include Archer Daniels Midland Company, The Lubrizol Corporation, Ashland Inc., Roquette Group, Associated British Foods Plc, Meggle AG, Basf SE, FMC Corporation, Cargill, Inc., Dfe Pharma, and Colorcon Inc.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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