Key Factors Driving Market Expansion in the Sugar-Based Excipients Sector
The sugar-based excipients market was estimated at USD 1.22 billion in 2022 and is likely to grow at a CAGR of 4.15% during 2023-2028 to reach USD 1.57 billion in 2028.
Sugar-based excipients can be defined as excipients that are most used in oral medication. It is primarily used for medicines directed to children. It finds usage in various applications including sucrose, saccharin sodium, glycerol, sorbitol, and others.