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The binders excipients market size is forecast to increase by USD 354.5 million, at a CAGR of 4.5% between 2023 and 2028. The global binders excipients market is witnessing significant growth, driven by several key factors. One of the primary growth drivers is the increasing demand for cellulose-based binders, which are widely used in the pharmaceutical industry due to their superior binding properties and safety profile. Another trend influencing market growth is the demand for new excipients to develop easily consumable drugs, particularly in the growing generics and biosimilars sectors. Additionally, the loss of patents and patent expiry of key drugs has led to an influx of generic drugs, increasing the demand for cost-effective excipients. However, challenges such as stringent regulatory requirements and the high cost of raw materials may hinder market growth. Overall, the binders excipients market is expected to continue its growth trajectory, driven by these factors and the ongoing research and development in the pharmaceutical industry. The market growth analysis report also includes an in-depth analysis of drivers, trends, and challenges. Our market research and growth report examines historic data from 2018-2022, besides analyzing the current market scenario.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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