According to a new market report published by Lucintel, the future of fillers looks promising with opportunities in tablets, capsules, ointment, and other pharmaceutical market. Fillers in the global pharmaceutical market are expected to grow at a CAGR of 5.7% from 2019 to 2024. The major drivers for this market are increasing government spending on healthcare, disease prevalence, along with growing demand for generic medicines.
In this market, lactose, sucrose, cellulose, starch, calcium phosphate, mannitol, dextrose, talc, sorbitol, and calcium carbonate are used as fillers in the pharmaceutical market. Lucintel forecasts that lactose will remain the largest segment over the forecast period due to its high compatibility with active pharmaceutical ingredients (APIs) and increasing demand for antacid tablets.
Within the filler in pharmaceutical market, fillers for tablets will remain the largest application and it is also expected to witness the highest growth over the forecast period supported by increasing healthcare expenditure and higher incidence of chronic diseases.
North America will remain the largest region due to higher healthcare expenditure, advanced healthcare facilities, and aging population. Asia Pacific is expected to witness the highest growth over the forecast period due to the increasing government spending on healthcare infrastructure and increasing penetration of health insurance policies.
An emerging trend that has a direct impact on the dynamics of the industry includes the increasing use of lactose in nanotechnology based drug formulation. DFE Pharma, Merck Group, Rayonier Advanced Materials, Meggle Group, Lactose India Limited, Imerys, Omya, Mineral Technologies, and Cargill Sorbitol are among the major manufactures of fillers for the global pharmaceutical market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities of fillers in the global pharmaceutical market by application, filler type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities of Fillers in the Global Pharmaceutical Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for fillers in the global pharmaceutical market by application, filler type, and region as follows:
By Application [Volume (kt) and $M shipment analysis for 2013 – 2024]:
• Tablets

− Direct Compression
− Wet Granulation
− Dry Granulation
• Capsules
• Others

By Filler Type [Volume (kt) and $M shipment analysis for 2013 – 2024]:
• Lactose
• Sucrose
• Mannitol
• Dextrose
• Sorbitol
• Starch
• Cellulose
• Calcium Phosphate
• Calcium Carbonate
• Talc
• Others

By Region [Volume (Kilotons) and $M shipment analysis for 2013 – 2024]:
• North America
− US
− Canada
− Mexico
• Europe
− Germany
− France
− Italy
− UK
• Asia Pacific
− China
− India
− Japan
• The Rest of the World
This 200-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or [email protected]. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.


About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for fillers in the global pharmaceutical market by filler type (lactose, sucrose, mannitol, dextrose, sorbitol, starch, cellulose, calcium phosphate, talc, calcium carbonate, and others), application (tablet, capsule, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?