Sugar Based Excipients Market Research Report By Type (Disintegrants, Binders, Fillers, Sweeteners), By Application (Tablets, Capsules, Oral Liquids, Injectables), By Dosage Form (Solid Dosage Forms, Liquid Dosage Forms, Semi-Solid Dosage Forms), By End User (Pharmaceutical Industry, Food and Beverage Industry, Cosmetics and Personal Care Industry) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Sugar Based Excipients Market Overview:

As per MRFR analysis, the Sugar-Based Excipients Market Size was estimated at 1.19 (USD Billion) in 2023. The Sugar-Based Excipients Market Industry is expected to grow from 1.29 (USD Billion) in 2024 to 2.24 (USD Billion) by 2032. The Market CAGR (growth rate) is expected to be around 6.38% during the forecast period (2024 - 2032).

Key Sugar Based Excipients Market Trends Highlighted

The global sugar-based excipients market is experiencing a surge in demand, driven by the pharmaceutical industry's increasing focus on patient safety and cost-effectiveness. These excipients, derived from natural sugars like sucrose, lactose, and starch, play a crucial role in formulating tablets, capsules, and other dosage forms. The market is particularly driven by the growing demand for sugar-based excipients in the production of oral solid dosage forms, which account for the majority of drug delivery systems. Additionally, the rising prevalence of chronic diseases is fueling the demand for sugar-based excipients in controlled-release formulations. The industry is also witnessing a shift towards excipients that offer enhanced functionality, such as improved solubility, bioavailability, and compressibility.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Sugar Based Excipients Market Drivers

Increased Demand for Sugar-Based Excipients in Pharmaceutical Applications

Good morning. The pharmaceuticals sector is involved in the production of medicine and has been one of the sectors experiencing substantial growth, especially in emerging markets, over the past decades. Sugar-based excipients are essential to the production of medications as they can enhance the stability and solubility of an API to different degrees. It is expected that the continued expansion of the pharmaceutical industry will drive the demand for sugar-based excipients in the short and long term.Additionally, new opportunities will be created in the pharmaceutical sector as new drugs that use novel drug delivery systems are developed. Thank you.

Rising Prevalence of Chronic Diseases and the Need for Effective Drug Delivery

One of the main factors fueling the growth of the Sugar Based Excipients Market Industry is the rising incidence of chronic diseases, including diabetes, cardiovascular diseases and cancer. As these diseases are of a chronic nature, their treatment requires a long-term medication regime. Moreover, medications used to treat most of these diseases are multicomponent formulations, which need to be stable, available in a form that ensures bioavailability of all components, and safely released to target organs.All these characteristics are fulfilled by the use of sugar-based excipients. This is evident from the fact that the growing prevalence of chronic diseases is expected to result in an increase in demand for medicines, which in turn will promote the growth of the sugar excipients market.

Technological Advancements and Innovation in Drug Formulation

Advancements in drug formulation and delivery technologies are creating new opportunities for sugar-based excipients. The development of targeted drug delivery systems, controlled-release formulations, and personalized medicine approaches requires excipients with specific properties and functionalities. Sugar-based excipients, with their inherent biocompatibility, stability, and ability to be chemically modified, are well-suited to meet these evolving needs.Ongoing research and development efforts in the pharmaceutical industry are expected to further drive the demand for innovative sugar-based excipients.

Sugar Based Excipients Market Segment Insights:

Sugar Based Excipients Market Type Insights

The Sugar Based Excipients Market is segmented as Type into Disintegrants, Binders, Fillers and Sweeteners. The Disintegrants segment is expected to hold the largest share in revenue in 2024 which is attributed to the increased use of orally disintegrating tablets and high usage of disintegrants in the formulation of the capsule and tablets. The Fillets segment is expected to exhibit the highest growth rate during the forecast period, which is due to the increased demand for the excipients, which have low cost and high functionality. The growth of the Sugar Based Excipients market is due to the rise in target diseases, rising geriatric population and growth in the utilization of generic drugs.The Sugar Based Excipients Market is also experiencing increased growth due to the growing demand for excipients, which are manufactured based on standard regulations and maintain the quality of the product. The Sugar Based Excipients Market is expected to grow during the forecast period and continue to grow in the upcoming years due to the increasing demand from the pharmaceutical industry.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Sugar Based Excipients Market Application Insights

The Sugar Based Excipients Market is divided by Application into Tablets, Capsules, Oral Liquids and Injectables. The Tablets segment holds the highest market share because of the easy administering and documentation process, diverse dosage forms, and cost-effectiveness. The Capsules segment follows the tablets and is preferred by formulating taste-masked, targeted, and extended-release formulations. Moreover, the Oral Liquids segment also holds a significant share because of the preference for pediatric and geriatric uses and for drugs having solubility and absorption-related issues.On the other hand, the Injectables segment, which includes vials, ampoules and prefilled syringes, is used when the drug requires rapid onset or the oral route is unacceptable.

Sugar Based Excipients Market Dosage Form Insights

Solid Dosage Forms, a prominent segment in the Sugar Based Excipients Market, accounted for a significant market share in 2023 and is projected to maintain its lead throughout the forecast period. Tablets and capsules are the primary dosage forms within this segment, offering advantages such as ease of administration, accurate dosing, and stability. The growing prevalence of chronic diseases and the increasing demand for oral medications contribute to the segment's growth. Liquid Dosage Forms, another important segment, is expected to witness steady growth over the forecast period.Suspensions, solutions, and syrups are common dosage forms in this segment, preferred for their rapid absorption and ease of administration, particularly for pediatric and geriatric populations. The rising demand for liquid medications for immediate release and taste-masking applications drives the segment's growth. Semi-solid dosage Forms, including ointments, creams and gels, are gaining traction in the Sugar Based Excipients Market. These dosage forms offer localized delivery, sustained release, and enhanced skin absorption, making them suitable for topical applications.The increasing demand for dermatological and cosmetic products is a key factor driving the growth of this segment.

Sugar Based Excipients Market End User Insights

The Sugar Based Excipients Market is segmented on the basis of end users into the Pharmaceutical Industry, Food and Beverage Industry, Cosmetics and Personal Care Industry. Among these segments, the Pharmaceutical Industry segment is expected to hold the largest share of the market in 2023, owing to the increasing demand for sugar-based excipients in the manufacturing of pharmaceutical products. The Food and Beverage Industry segment is expected to witness a significant growth rate during the forecast period due to the rising demand for processed foods and beverages.The Cosmetics and Personal Care Industry segment is also expected to grow at a steady pace during the forecast period, driven by the increasing popularity of natural and organic cosmetics and personal care products.

Sugar Based Excipients Market Regional Insights

The Sugar Based Excipients Market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023 and is expected to continue its dominance over the forecast period. The growth of the North American market can be attributed to the increasing demand for sugar-based excipients in the pharmaceutical industry and the presence of major pharmaceutical companies in the region. Europe is the second-largest market for sugar based excipients and is expected to witness steady growth over the forecast period.The growth of the European market can be attributed to the increasing demand for sugar based excipients in the food and beverage industry and the presence of a large number of food and beverage companies in the region. 

APAC is the third-largest market for sugar based excipients and is expected to witness the fastest growth over the forecast period. The growth of the APAC market can be attributed to the increasing demand for sugar based excipients in the pharmaceutical and food and beverage industries and the presence of a large number of pharmaceutical and food and beverage companies in the region.South America and MEA are expected to witness moderate growth over the forecast period. The growth of the South American and MEA markets can be attributed to the increasing demand for sugar based excipients in the pharmaceutical and food and beverage industries and the presence of a number of pharmaceutical and food and beverage companies in the regions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Sugar Based Excipients Market Key Players And Competitive Insights:

In a bid to acquire larger revenue shares, major players in the Sugar Based Excipients Market are constantly investing in research and development and expanding their product portfolio. Leading players in the Sugar Based Excipients Market are developing innovative products based on the requirements of the pharmaceutical industry. The Sugar Based Excipients Market is characterized by the presence of a few large market players. The competition among the large market players in the Sugar Based Excipients Market is high. These players are selected based on their product portfolio, geographic presence, and distribution channels. Some key players in the sugar-based excipients market include Roquette Frres, Ingredion Incorporated, Cargill, Incorporated, Tate Lyle PLC and Archer Daniels Midland Company. The listed market players hold a significant share in the Sugar Based Excipients Market and have a strong global presence. 

The market players are focused on providing premium quality products and services to end-users. They are expanding their product offerings, investing in research and development, and acquiring smaller players to gain a competitive edge.Cargill, Incorporated is one of the leading market players in the Sugar Based Excipients Market. The company holds a significant market share and has a strong global presence. Cargill, Incorporated offers a wide range of excipients, which includes starch, cellulose, and sugar-based binders and fillers. The company is focused on innovation and has a few proprietary technologies for the production of high-quality excipients. Cargill, Incorporated is well-equipped in terms of human resources and has a dedicated team of scientists and researchers. 

The company’s R team is constantly working on developing new and improved products. Cargill, Incorporated, as a market leader, is preferred by a large number of pharmaceutical companies due to its commitment to quality and customer service.Tate Lyle PLC is another major market player in the Sugar the Sugar Based Excipients Market. The company offers a comprehensive range of excipients, which include starch, cellulose, and sugar-based binders and fillers. Tate Lyle PLC has focused on its commitment to sustainability and has invested in renewable energy sources. The company has invested in a few innovative products that cater to the changing requirements of the pharmaceutical industry. Tate Lyle has a strong history of providing excipients to the pharmaceutical industry and is preferred by many pharmaceutical companies as a preferred supplier due to the company’s commitment to quality and sustainability.

Key Companies in the Sugar Based Excipients Market Includes

• Ingredion


• Kerry


• DFE Pharma


• ADM


• Cargill


• Roquette


• Lonza


• Tate Lyle


• The Dow Chemical Company


• FrieslandCampina Ingredients


• Ashland


• BENEO


• DuPont


• Ingredion Incorporated

Sugar Based Excipients Market Industry Developments

The market growth is attributed to the increasing demand for sugar-based excipients in the pharmaceutical industry, particularly in the formulation of oral solid dosage forms such as tablets and capsules.

Moreover, the growing prevalence of chronic diseases and the subsequent rise in drug development activities further contribute to market expansion.

Recent advancements in sugar-based excipients, including the development of novel excipients with improved functionality and stability, are also expected to drive market growth.

Sugar Based Excipients Market Segmentation Insights