Biopharmaceutical Excipients Market - Global Industry Analysis by Size, Share and Forecast 2021 – 2027
Biopharmaceutical Excipients Market 2021 According to MRFR analysis, the global biopharmaceutical excipients market is expected to register a CAGR of~6.8% from 2021 to 2027 and is expected to hold a value of ~ USD 3,114.6 million by 2027 . The global biopharmaceutical excipients market is driven by several factors, such as increasing demand for oral formulations across the globe, rising demand for customized medicines, and an increasing geriatric population. Other factors such as increasing patients with chronic ailmentscoupled with growing life expectancy are driving the production of biopharmaceuticals. In addition, increasing stress, back pains, body aches, and headaches has augmented the demand for topical type formulation, accelerating the market growth. The industry players focus on expanding their global footprint by strategic partnerships, investing in some company’s stock, acquisitions, and product launches. For instance, in February 2020,ReForm Biologics (US) partnered w