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.

Excipients Market - Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023