The
excipient is a pharmacologically inactive element formulated together
with the active ingredient of medication. This phenomenon is
undertaken with a purpose to provide substance to the formulation, to
provide prevention and stability from denaturation, facilitate
absorption of drugs by a patient and other pharmacokinetic
consideration. The excipient products range from pure sugar to
polymer, complex carbohydrates and even human and animal gelatin.
Sugar based excipient are the most common form of excipient used in
oral medication. It is especially considered for medicines directed
to children. It is widely used in sucrose, glycerol, saccharin
sodium, sorbitol and others. Majorly in antibiotics and cough syrups
for children. Using sugar based excipient lower the bitterness of
active agents. Among all kind of sugar based excipient, mannitol is
the expensive diluent form of excipient used to refresh sensation by
using it in chewable tablets. Some doubts are raised on sugar based
excipient purity as certain research center claim that they found
traces of impurities which poses a risk to patients. Even they claim
that impurity has the tendency to stimulate dangerous immune
responses in patient.
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Sugar
Based Excipients Market: Market Dynamics and Restraints
The
three key factors that lift the market growth of sugar based
excipients include increase usage of co-processed excipient, fast
growth in the generics market due to finish of many bestselling
drugs, and rising improvement of Orally Disintegrating Tablets (ODT).
The practice of mannitol in the form of a wide range of dosage is
making sugar alcohol segment highest growing among other sugar based
excipient. High adaptability of alcohol based sugar excipient in
emerging formulation technology like orally disintegrating tablets
and others is another reason of sugar alcohol segment to experience
strong growth in upcoming years. As per the types of sugar-based
excipients, granular form sugar based excipient witnessed large share
by being widely used in pharmaceutical industry.
Although
demand and necessity of sugar based excipients in the market can be
seen broadly, some factors such as shortage of FDA-approved
manufacturing sites due to rigorous regulatory requirements hinder
sugar based excipients market growth to a certain extent.
Sugar
Based Excipients Market: Market Segmentation
The
global
sugar based excipients market is segmented into four parts based
on its form, product type, functionality, and formulation.
Based
on the material form, the sugar-based excipients market is segmented
into:
- Powder
- Granular
- Crystal
- Syrup
- Others
Based
on the product type the global sugar based excipients market is
segmented into:
- Actual Sugar
- Sugar Alcohol
- Artificial Sweetener
Based
on the functionality type the global sugar based excipients market is
segmented into:
- Filer
- Diluent
- Tonicity Agent
Based
on the formulation type the global sugar based excipients market is
segmented into:
- Oral
- Topical
- Parenteral
Sugar
Based Excipients Market: Regional Outlook
Regarding
geography, the sugar-based excipients market has been categorized
into seven key regions including North America, Latin America,
Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan,
and the Middle East & Africa. The sugar-based excipients market
is expected to register healthy CAGR during the forecast period. Due
to increasing investment in factors like drug development and
production of the generic drug, as well as, favorable government
policies made Eastern and Western Europe leading region in sugar
based excipients market. In developing countries such as China,
India, and South Korea advantageous policies from government, growth
in the healthcare industry and pharmaceutical industry and above all,
the low manufacturing cost is the advantages due to which
Asia-Pacific excluding Japan region is expected to witness highest
growth rate in the sugar based excipient market. Whereas, North and
Latin America are experiencing steady growth.
Sugar
Based Excipients Market: Key players
Some of the key players of global sugar based excipients market are 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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