The global biopharmaceutical excipients market was valued at $1.67 billion in 2017 and is expected to grow at a CAGR of 6.08% through 2025. Key drivers of growth include the expansion of the biopharmaceutical industry and increasing production capacities. Carbohydrates currently have the largest market share due to wide use of excipients like dextrose, sucrose, and starch. Polyols are projected to be the fastest growing segment due to their ability to reduce protein degradation. North America currently leads the market due to major biopharmaceutical manufacturers located in the US.