Pharmaceutical Grade Crospovidonum (PVPP) Market was valued at USD 0.75 Billion in 2022 and is projected to reach USD 1.25 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The demand for PVPP between 2018 and 2022 was particularly driven by the ongoing trend of outsourcing pharmaceutical manufacturing processes, especially in emerging markets like India and China. These regions have played a crucial role in shaping the supply dynamics of PVPP, with pharmaceutical manufacturers increasingly relying on this excipient for tablet formulation. The use of PVPP in over-the-counter (OTC) drugs and dietary supplements further expanded its market footprint. Additionally, the growing popularity of personalized medicine has created a surge in demand for specialized excipients like PVPP that can enhance drug bioavailability and optimize formulations. As we move into the forecast period from 2023 to 2033, several factors are expected to shape the demand for Pharmaceutical Grade Crospovidonum (PVPP). The increasing focus on patient-centric drug delivery systems, along with rising investment in the pharmaceutical and biotechnology sectors, is expected to lead to a steady rise in demand for PVPP. Moreover, advancements in manufacturing technologies, including 3D printing of pharmaceuticals, may open up new applications for PVPP in precision medicine formulations. The market is also likely to see increased competition as more manufacturers enter the space, providing a wider variety of PVPP grades and formulations tailored to specific drug types.
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The Pharmaceutical Grade Crospovidonum (PVPP) market has shown dynamic shifts between 2018 and 2022, influenced by various factors such as technological advancements, regulatory changes, and evolving consumer demands. During this period, PVPP—a key excipient in the pharmaceutical and nutraceutical industries—has seen an increasing application in tablet formulations due to its unique properties, including rapid dissolution and superior binding abilities. The rise in global health awareness and the growing demand for generic drugs have significantly boosted the demand for PVPP in pharmaceutical manufacturing. The market was valued at approximately $150 million in 2020, with a steady annual growth rate that was predicted to continue into the 2023-2028 period.
Ashland
BASF
ISP Pharmaceuticals
JRS Pharma
Jiangxi Alpha Hi-tech Pharmaceutical
Anhui Sunhere Pharmaceutical Excipients
Guangdong Yumay Chemical
Jiaozuo Zhongwei Special Products Pharmaceutical
Yuking Technology
Boai NKY Pharmaceuticals
Huangshan Bonsun Pharmaceuticals
Sichuan Tianhua
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pharmaceutical Grade Crospovidonum (PVPP) Market
Tablets
Capsules
Others
Based on Types the Market is categorized into Below types that held the largest Pharmaceutical Grade Crospovidonum (PVPP) market share In 2023.
Type A
Type B
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pharmaceutical Grade Crospovidonum (PVPP) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pharmaceutical Grade Crospovidonum (PVPP) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pharmaceutical Grade Crospovidonum (PVPP) Market, By Type
6. Global Pharmaceutical Grade Crospovidonum (PVPP) Market, By Application
7. Global Pharmaceutical Grade Crospovidonum (PVPP) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pharmaceutical Grade Crospovidonum (PVPP) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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