Transparency Market
Research
Excipients Market - Latin America Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2015 - 2023
Published Date
10-May-2016
284 Page Report
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Press Release
Latin America Excipients Market to Reach US$626.9 mn by
2023; Growth Steered by High Demand from South American
Countries : TMR
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Excipients Market
REPORT DESCRIPTION
Excipients Market - Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 2023
Transparency Market Research has released a new market report titled “Excipients Market - Latin America
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.” According to the report, the
excipients market in Latin America was valued at US$359.0 mn in 2014 and is anticipated to reach US$626.9
mn by 2023, expanding at a 6.4% CAGR between 2015 and 2023.
Browse the full Excipients (Polymers, Alcohol, Minerals, Gelatin, and Sugar & Other Excipients) Market
by Oral, Tropical, Parenteral, and Other Routes of Administration for Fillers & Diluents, Disintegrants,
Binders & Adhesives, Lubricants & Glidants, Flavors & Sweeteners, Viscosity Agents, Film Coating,
Controlled Release, and Other Functions - Latin America Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/latinamerica-excipients-market.html
Excipient acts as a carrier for active ingredients of a medication. It allows convenient and accurate dosage by
bulking up the formulation that contains potent active ingredients. Generally, substances are not easily
absorbed in the human body. Hence, an active ingredient is mixed or dissolved with an excipient in most
cases. Excipients primarily aim to prevent active ingredients from getting denatured and ensure that these do
not fall out of the solution. Excipients used in medication are further classified in terms of the route of
administration. They also help maintain the purity level of the active ingredient. Excipients are used in various
forms in food, cosmetics, and medicine industries. These act as binders, suspension & viscosity agents, fillers
& diluents, coatings, solvents, capsules, flavoring agents, disintegrants, lubricants & glidants, colorants, and
preservatives. Besides the pharmaceutical industry, excipients are often manufactured for usage in various
industries such as food, cosmetics, and personal care.
South America dominated the excipients market in Latin America in 2014, led by the high demand for sugar &
other excipients products in Brazil, Argentina, and Colombia. Led by the rising demand for excipients in the
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pharmaceutical industry, Brazil held the largest share of the excipients market in South America in terms of
volume in 2014. Furthermore, Mexico was the fastest growing market for excipients in terms of volume in 2014.
This trend is expected to continue during the forecast period. In terms of volume, polymers was the largest
product segment of the excipients market in 2014 owing to the significant increase in application of
crosspovidone (disintegrants) and povidone (binders). The sugar & other excipients is anticipated to be the
fastest growing product segment of the excipients market during the forecast period owing to their high
consumption in pharmaceutical industry. Controlled release was the fastest growing function segment of the
excipients market in 2014 due to the technological advancement in the excipients market in Latin America. In
terms of volume, oral was the largest route of administration segment of the excipients market in 2014 owing to
the increasing demand for liquids & semisolids type of drugs in Latin America.
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Increasing consumption of oral solid dosage drugs and growth of the pharmaceutical market in Latin America
are the driving factors for the excipients market in the region. Novel development of excipients in the field of
controlled release function segment is projected to create new opportunities for players in the excipients
market. Research and development is being conducted to expand the utilization of excipients in pediatrics
medicine of healthcare industries. Key players in the excipients market include Ashland Inc., BASF SE,
FMC Corporation, The Dow Chemical Company, Merck KGaA, Evonik Industries AG, and Croda International
Plc, CP Kelco, JRS Pharma, Roquette Pharma, Avantor Performance Materials Inc., Colorcon Inc., Innophos
Holdings Inc., Cargill Inc., The Lubrizol Corporation, Eastman Chemical Company, Asahi-Kasei Corporation,
Cabot Corporation, and Archer Daniels Midland (ADM) Company.
The report segments the excipients market in Latin America as follows:
Excipients Market - Product Segment Analysis
Polymers
•
MCC
•
HPMC
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Excipients Market
•
Ethyl cellulose
•
Methyl cellulose
•
CMC
•
CroscarmelloseSodium
•
Povidone(binders)
•
Crosspovidone(disintegrants)
•
Pregelatinized starch
•
Sodium starch glycolate
•
Polyethylene glycol
•
Acrylic polymers
•
Others
Alcohol
•
Glycerin
•
Propylene glycol
•
Sorbitol
•
Mannitol
•
Others
Minerals
•
Calcium phosphate
•
Calcium carbonate
•
Clay
•
Silicon dioxide
•
Titanium dioxide
•
Others
Gelatin
•
Sugar & Other
•
Lactose
•
Sucrose
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Excipients Market
•
Maltitol
•
Glucose
•
Others
Excipients Market - Route of Administration Analysis
•
Oral
•
Tablets
•
Capsules (Hard & Soft)
•
Liquids and Semisolids
•
Tropical
•
Parenteral
•
Others
Excipients Market - Function Analysis
•
Fillers & Diluents
•
Disintegrants
•
Binders & Adhesives
•
Lubricants & Glidants
•
Flavors & Sweeteners
•
Viscosity Agents
•
Film Coating
•
Controlled Release
•
Others
Excipients Market - Country Analysis
Latin America
•
Mexico
•
Central America
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Excipients Market
•
Brazil
•
Argentina
•
Caribbean
•
Colombia
•
Chile
•
Rest of South America
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/latin-americaexcipients-market.htm
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology
Chapter 2 Executive Summary
2.1 Latin America Excipients Market, 2014 - 2023, (Tons) (US$ Thousand)
2.2 Excipients: Market Snapshot
Chapter 3 Excipients Market – Industry Analysis
3.1 Introduction
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3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growth in Pharmaceutical Market in Latin America
3.3.2 Increasing Consumption of Oral Solid Dosage Drugs
3.4 Restraints
3.4.1 High Manufacturing Cost
3.4.2 Use of Excipients in Other End-user Industries
3.5 Opportunity
3.5.1 New Product Development
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Latin America Excipients Market Attractiveness, by Functionality, 2014
3.8 Latin America Excipients Market Attractiveness, by Country, 2014
3.9 Company Market Share Analysis, 2014
Chapter 4 Price Trend Analysis
4.4 Latin America Average Excipients Price Trend, 2014–2023 (US$/Kg)
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Chapter 5 Latin America Excipients Market – Product Segment Analysis
5.1 Latin America Excipients Market: Product Segment Overview
5.2 Latin America Excipients Market for Polymers, 2014–2023 (Tons) (US$ Thousand)
5.3 Latin America Excipients Market for Alcohols, 2014–2023 (Tons) (US$ Thousand)
5.4 Latin America Excipients Market for Minerals, 2014–2023 (Tons) (US$ Thousand)
5.5 Latin America Excipients Market for Gelatin, 2014–2023 (Tons) (US$ Thousand)
5.6 Latin America Excipients Market for Sugar & Other Excipients, 2014–2023 (Tons) (US$ Thousand)
Chapter 6 Latin America Excipients Market – Functional Analysis
6.1 Latin America Excipients Market: Functional Overview
6.2 Latin America Excipients Market for Fillers & Diluents, 2014–2023 (Tons) (US$ Thousand)
6.3 Latin America Excipients Market for Disintegrants, 2014–2023 (Tons) (US$ Thousand)
6.4 Latin America Excipients Market for Binders & Adhesives, 2014–2023 (Tons) (US$ Thousand)
6.5 Latin America Excipients Market for Lubricants & Glidants, 2014–2023 (Tons) (US$ Thousand)
6.6 Latin America Excipients Market for Flavors & Sweeteners, 2014–2023 (Tons) (US$ Thousand)
6.7 Latin America Excipients Market for Viscosity Agents, 2014–2023 (Tons) (US$ Thousand)
6.8 Latin America Excipients Market for Film Coatings, 2014–2023 (Tons) (US$ Thousand)
6.9 Latin America Excipients Market for Controlled Release, 2014–2023 (Tons) (US$ Thousand)
6.10 Latin America Excipients Market for Others, 2014–2023 (Tons) (US$ Thousand)
Chapter 7 Latin America Excipients Market – Route of Administration Analysis
7.1 Latin America Excipients Market: Route of Administration Overview
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7.2 Latin America Excipients Market for Oral, 2014–2023 (Tons) (US$ Thousand)
7.3 Latin America Excipients Market for Topical, 2014–2023 (Tons) (US$ Thousand)
7.4 Latin America Excipients Market for Parenteral, 2014–2023 (Tons) (US$ Thousand)
7.5 Latin America Excipients Market for Others (Pulmonary, Ocular, Nasal, etc.), 2014–2023 (Tons) (US$
Thousand)
Chapter 8 Latin America Excipients Market - Regional Analysis
8.1 Mexico Excipients Market Volume, by Product (Tons), 2014–2023
8.2 Mexico Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.3 Mexico Excipients Market for Polymers, by Type (Tons), 2014–2023
8.4 Mexico Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.5 Mexico Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.6 Mexico Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.7 Mexico Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.8 Mexico Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.9 Mexico Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.10 Mexico Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–2023
8.11 Mexico Excipients Market Volume, by Function (Tons), 2014–2023
8.12 Mexico Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.13 Mexico Excipients Market Volume, by Route (Tons), 2014–2023
8.14 Mexico Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
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8.15 Mexico Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.16 Mexico Excipients Market Revenue for Oral, by Medicine Form (US$ Thousand), 2014–2023
8.17 Central America Excipients Market Volume, by Product (Tons), 2014–2023
8.18 Central America Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.19 Central America Excipients Market for Polymers, by Type (Tons), 2014–2023
8.20 Central America Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.21 Central America Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.22 Central America Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.23 Central America Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.24 Central America Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.25 Central America Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.26 Central America Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand),
2014–2023
8.27 Central America Excipients Market Volume, by Function (Tons), 2014–2023
8.28 Central America Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.29 Central America Excipients Market Volume, by Route (Tons), 2014–2023
8.30 Central America Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.31 Central America Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.32 Central America Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.33 South America Excipients Market Volume, by Product (Tons), 2014–2023
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8.34 South America Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.35 South America Excipients Market for Polymers, by Type (Tons), 2014–2023
8.36 South America Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.37 South America Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.38 South America Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.39 South America Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.40 South America Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.41 South America Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.42 South America Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand),
2014–2023
8.43 South America Excipients Market Volume, by Function (Tons), 2014–2023
8.44 South America Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.45 South America Excipients Market Volume, by Route (Tons), 2014–2023
8.46 South America Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.47 South America Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.48 South America Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.49 Brazil Excipients Market Volume, by Product (Tons), 2014–2023
8.50 Brazil Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.51 Brazil Excipients Market for Polymers, by Type (Tons), 2014–2023
8.52 Brazil Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
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8.53 Brazil Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.54 Brazil Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.55 Brazil Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.56 Brazil Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.57 Brazil Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.58 Brazil Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–2023
8.59 Brazil Excipients Market Volume, by Function (Tons), 2014–2023
8.60 Brazil Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.61 Brazil Excipients Market Volume, by Route (Tons), 2014–2023
8.62 Brazil Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.63 Brazil Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.64 Brazil Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.65 Argentina Excipients Market Volume, by Product (Tons), 2014–2023
8.66 Argentina Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.67 Argentina Excipients Market for Polymers, by Type (Tons), 2014–2023
8.68 Argentina Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.69 Argentina Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.70 Argentina Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.71 Argentina Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.72 Argentina Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
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8.73 Argentina Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.74 Argentina Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–2023
8.75 Argentina Excipients Market Volume, by Function (Tons), 2014–2023
8.76 Argentina Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.77 Argentina Excipients Market Volume, by Route (Tons), 2014–2023
8.78 Argentina Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.79 Argentina Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.80 Argentina Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.81 Caribbean Excipients Market Volume, by Product (Tons), 2014–2023
8.82 Caribbean Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.83 Caribbean Excipients Market for Polymers, by Type (Tons), 2014–2023
8.84 Caribbean Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.85 Caribbean Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.86 Caribbean Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.87 Caribbean Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.88 Caribbean Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.89 Caribbean Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.90 Caribbean Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–
2023
8.91 Caribbean Excipients Market Volume, by Function (Tons), 2014–2023
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8.92 Caribbean Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.93 Caribbean Excipients Market Volume, by Route (Tons), 2014–2023
8.94 Caribbean Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.95 Caribbean Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.96 Caribbean Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.97 Columbia Excipients Market Volume, by Product (Tons), 2014–2023
8.98 Columbia Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.99 Columbia Excipients Market for Polymers, by Type (Tons), 2014–2023
8.100 Columbia Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.101 Columbia Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.102 Columbia Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.103 Columbia Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.104 Columbia Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.105 Columbia Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.106 Columbia Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–
2023
8.107 Columbia Excipients Market Volume, by Function (Tons), 2014–2023
8.108 Columbia Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.109 Columbia Excipients Market Volume, by Route (Tons), 2014–2023
8.110 Columbia Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
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8.111 Columbia Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.112 Columbia Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.113 Chile Excipients Market Volume, by Product (Tons), 2014–2023
8.114 Chile Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
8.115 Chile Excipients Market for Polymers, by Type (Tons), 2014–2023
8.116 Chile Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.117 Chile Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.118 Chile Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.119 Chile Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.120 Chile Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.121 Chile Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–2023
8.122 Chile Excipients Market Revenue for Sugar & Other Excipients, by Type (US$ Thousand), 2014–2023
8.123 Chile Excipients Market Volume, by Function (Tons), 2014–2023
8.124 Chile Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.125 Chile Excipients Market Volume, by Route (Tons), 2014–2023
8.126 Chile Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.127 Chile Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.128 Chile Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–2023
8.129 Rest of South America Excipients Market Volume, by Product (Tons), 2014–2023
8.130 Rest of South America Excipients Market Revenue, by Product (US$ Thousand), 2014–2023
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8.131 Rest of South America Excipients Market for Polymers, by Type (Tons), 2014–2023
8.132 Rest of South America Excipients Market for Polymers, by Type (US$ Thousand), 2014–2023
8.133 Rest of South America Excipients Market Volume for Alcohols, by Type (Tons), 2014–2023
8.134 Rest of South America Excipients Market Revenue for Alcohols, by Type (US$ Thousand), 2014–2023
8.135 Rest of South America Excipients Market Volume for Minerals, by Type (Tons), 2014–2023
8.136 Rest of South America Excipients Market Revenue for Minerals, by Type (US$ Thousand), 2014–2023
8.137 Rest of South America Excipients Market Volume for Sugar & Other Excipients, by Type (Tons), 2014–
2023
8.138 Rest of South America Excipients Market Revenue for Sugar & Other Excipients, by Type (US$
Thousand), 2014–2023
8.139 Rest of South America Excipients Market Volume, by Function (Tons), 2014–2023
8.140 Rest of South America Excipients Market Revenue, by Function (US$ Thousand), 2014–2023
8.141 Rest of South America Excipients Market Volume, by Route (Tons), 2014–2023
8.142 Rest of South America Excipients Market Revenue, by Route (US$ Thousand), 2014–2023
8.143 Rest of South America Excipients Market Volume for Oral, by Medicine Form (Tons), 2014–2023
8.144 Rest of South America Excipients Market Revenue for Oral, by Medicine Form, (US$ Thousand), 2014–
2023
Chapter 9 Company Profiles
9.1 Merck KGaA
9.2 Archer Daniels Midland (ADM) Company
9.3 Ashland Inc.
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9.4 FMC Corporation
9.5 BASF SE
9.6 Evonik Industries AG
9.7 Cabot Corporation
9.8 The Dow Chemical Company
9.9 Asahi-Kasei Corporation
9.10 Eastman Chemical Company
9.11 The Lubrizol Corporation
9.12 Croda International plc.
9.13 Cargill Inc.
9.14 Innophos Holdings Inc.
9.15 Colorcon Inc.
9.16 Avantor Performance Materials Inc.
9.17 Roquette Pharma
9.18 JRS Pharma
9.19 CP Kelco
Chapter 10 Primary Research – Key Findings
Chapter 11 List of Key Customers
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Investment Opportunities in Latin America Excipients Market - Excipients Market to reach US$626.9 mn by 2023, growth of pharmaceutical industry will be driving factor for excipients industry in Latin America

Pharmaceutical Industry to Help Excipients Sales in Latin America to Gain Remarkably, forecasts TMR