Middle East & Africa Pharmaceutical Excipients Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Middle East & Africa Pharmaceutical Excipients Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Pharmaceutical Excipients are substances other than pharmacologically active drug components, which are included in the drug manufacturing process or contained in a finished pharmaceutical product dosage form. They facilitate formulation design and perform a range of functions such as enhancing flowability, increasing lubricity, improving compressibility, etc.

The Middle East & Africa Pharmaceutical Excipients Market Segments Size & Growth:

The Middle East & Africa pharmaceutical

Middle East & Africa Pharmaceutical Excipients Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

excipients market size is projected to reach approximately $0.98 billion by the end of 2024 with a CAGR of close to 6.28% from $0.42 billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include a rise in the incidence of diseases which has increased the demand for drugs, inventions of new excipients in the pharma industry and advancements in the techniques and equipment manufacturing excipients. However, Risk of adverse reactions on the body and stringent FDA guidelines for approval are thereby hampering the market growth.

The Middle East & Africa Pharmaceutical Excipients Market Segments Share:

The Middle East industry to help

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Middle East & Africa Pharmaceutical Excipients Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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