Excipients Market - Latin America Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2015 - 2023
284 Page Report
Pharmaceutical Industry to Help Excipients Sales in Latin America
to Gain Remarkably, forecasts TMR
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Excipients Market - Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 2023
The top three participants in the Latin America excipients market, Ashland Inc., BASF SE, and FMC
Corporation, hold a collective share of 26.2% in the market in 2014. Ashland Inc. will focus on restructuring its
global programs and integrating centralized supply chains for retaining its competitive edge in the overall
market, TMR expects. On the other hand, BASF SE and FMC Corporation are investing in result-driven
research and development to introduce effective products to their existing product portfolio.
In the coming years, in addition to catering to the pharmaceutical industry, the players in the Latin America
excipients market will expand the applications of their excipients to improve revenues, expects TMR.
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Pharmaceutical Industry Backs Progress of Excipients Market
The Latin America excipients market is mainly being driven by the booming pharmaceuticals industry that uses
excipients as flavoring agents, binders, disintegrants agents for making tablets, capsules, and other forms of
drugs. The research states that the pharmaceutical industry in Latin America will progress at a CAGR of 8.1%
in terms of revenue between 2015 and 2023. The increasing population of geriatrics is...