Reports


Asia Pacific Biopharma Excipients Market, Sector / Industry Report & Analysis, 2018-2025 (Includes Business Impact of COVID-19)

  • TBI346808
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Global Asia Pacific Biopharma Excipients Market

The Asia Pacific biopharma excipients market size was estimated at USD 473.72 million in 2017. It is projected to progress at a CAGR of 6.63% during the forecast period. High R&D investments in biosimilars coupled with patent expiration of top selling biologics is anticipated to drive the market. Stringent manufacturing requirements need to be fulfilled to ensure high cell viability and consistent yield of biologics. Need for excipients that can improve process yield by mitigating risks in biological production is facilitating search for novel products.
Advancements in drug discovery & development technology, introduction of complex bioactive & large biomolecules, and growing significance of biologics for treatment of life-threatening diseases are unfolding ample growth opportunities for the market. Maintenance of stability during processing and product storage is a major challenge faced by biopharma manufacturers.
 
Excipients are an integral part of biopharmaceuticals and thus, need to provide a well-defined functionality. Excipients used in biopharmaceuticals require specific properties, which would aid in ensuring product stability. During 2020 to 2030, patents for 17 biologics is expected to expire, thus propelling the biosimilars market.
Asia Pacific holds substantial potential for biosimilars owing to growing geriatric population, changes in lifestyle, and increasing urbanization. These factors are contributing to high incidence of non-communicable diseases such as diabetes, cancer, and autoimmune disorders. A wide patient base with unmet needs in Asia coupled with rising penetration of market participants is encouraging R&D activities related to biosimilars in the biopharmaceutical industry.
In addition, several biopharma manufacturers, who are potential customers for the market, have their manufacturing units in Asian countries. International biopharma players are involved in shifting their manufacturing and R&D operation sites to these countries owing to presence of significant cost advantage offered in value chain. Spiraling demand for biosimilars is, in turn, bolstering the demand for novel excipients.

Market Segmentation, Outlook & Viewpoint: Global Asia Pacific Biopharma Excipients Market


 

Product Market Segmentation & Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

Solubilizers & Surfactants/Emulsifiers

Triglycerides

Esters

Others


Polyols

Mannitol

Sorbitol

Others


Carbohydrates

Sucrose

Dextrose

Starch

Others


Specialty Biopharma Excipients/ Others


Key Players, Recent Developments & Regional Insights: Global Asia Pacific Biopharma Excipients Market


Based on their functionality & molecular group, biopharma excipients are segmented into solubilizers & surfactants/emulsifiers, polyols, carbohydrates, and specialty excipients. Carbohydrates accounted for the largest revenue share in 2017 owing to availability of a broad range of products. Advancements in technology are enabling manufacturers to improve desired properties of these molecules for use with bioactive compound.
High purity carbohydrates such as trehalose are being rapidly adopted in development of biosimilars due to their ability to enhance the yield of final product, stabilize various biologics, prevent aggregation, and improve entire process of biopharmaceutical manufacturing. The most commonly used carbohydrates for protein stabilization are dextrose, sucrose, and starch. Other carbohydrate excipients include trehalose, maltose, galactose, and mannose.
Rapid adoption of polyols as isotonicity agents and/or stabilizers in both lyophilized and liquid formulations is poised to increase sales volume of these products. Most therapies based on biomolecules are lyophilized to prevent aggregation and degradation. All lyophilized formulations use one or the other polyol. Sorbitol (polysorbate 80 & polysorbate 20) and mannitol are the most widely used polyols.

Regional Insights
Japan dominated the Asia Pacific biopharma excipients market in 2017, owing to better quality products placed at a higher price. Increasing number of contract research organization (CROs) in the country that support international players with research and approval of biopharmaceuticals is also playing an instrumental role in the development of the market. However, Japan’s pharmaceutical business is anticipated to witness a decline due to lower share of biopharmaceuticals, which if remains unchanged is likely to limit revenue generation in the Japanese market.
 
India, on the other hand, is estimated to experience the fastest growth during the forecast period owing to presence of leading biopharma players, which are involved in increasing their production capacities and expanding their sales internationally. Shifting focus of generic drug manufacturers towards R&D pertaining to biosimilars is projected to supplement the growth of the market.
In recent years, China has rapidly progressed in the field of biologics and biosimilars. According to ‘Bundling Review’ issued by China FDA in November 2017, all drug formulations in the Chinese market were expected to undergo a review process for continuous commercialization. New regulations include investigations for safety of excipients used, which were excluded in earlier regulation, thereby creating an urgent need for quality excipients.
Asia Pacific Biopharma Excipients Market Share Insights
The market is fragmented with numerous local private players capturing a substantial revenue share. Established multinational players are involved in acquisition of local players and forming partnerships with local distributors in order to expand their market presence.
For instance, following the changes in review system for drug, excipient, and API approval in 2016, international players such as Colorcon, Inc.; Meggle AG; and Roquette have entered the Chinese market. Owing to growth opportunities created due to call for a reassessment of pharmaceuticals, these players entered the market either through joint venture or wholly owned subsidiaries.
Key companies operating in the market are Signet Chemical Corporation Pvt. Ltd., ABITEC, Sigachi Industries Pvt. Ltd., Roquette, Colorcon, Meggle AG, Clariant, DFE Pharma, SPI Pharma, IMCD, Spectrum Chemical Manufacturing Corp., Pharmonix, and BASF SE.

Key Insights Covered: Global Asia Pacific Biopharma Excipients Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Asia Pacific Biopharma Excipients industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Asia Pacific Biopharma Excipients industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Asia Pacific Biopharma Excipients industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Asia Pacific Biopharma Excipients industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Asia Pacific Biopharma Excipients industry.

Research Methodology: Global Asia Pacific Biopharma Excipients Market
  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table Of Contents
Chapter 1 Executive Summary
1.1 Market SnapshotChapter 2 Research Methodology
2.1 Information procurement
     2.1.1 Purchased database:
     2.1.2 HCC's Internal Database
2.2 Information or Data Analysis
2.3 Market Formulation & Validation
2.4 Approaches for Market Estimation
     2.4.1 Approach 1: Commodity flow & bottom up approach
     2.4.2 Approach 2: Top down and parent market analysisChapter 3 Asia Pacific Biopharma Excipients Market Variables, Trends& Scope
3.1 Market Segmentation &Scope
     3.1.1 Market driver analysis
          3.1.1.1 Need for novel excipients in
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