Material Insights · Understanding the Material World

Pharmaceutical excipients: Feedstocks

How dairy, forestry and maize feed the pill industry

What this tab covers What it is made from and what it feeds: the raw materials and energy per tonne with their share of cost (linked to the commodity table), who is low-cost and why, and the chemicals made from it.

Most excipient tonnage comes from milk, wood and maize, so excipient makers are tied to dairy, pulp and corn refining. Synthetic excipients use methyl chloride, propylene oxide, vinyl monomers and methacrylates. Feedstock cost is a modest share of price because pharma grades carry large quality and documentation premiums.

Inputs per tonne

InputQuantity per tonneRoleShare of costSource
Mk Milk & dairynot publishedlactose sourcenot publishedqualitative
Tm Timberabout 1.1-1.3 t pulp per t MCC (indicative)cellulose sourcenot publishedindicative
Mz Maizeabout 1.5 t maize per t starch (indicative)carbohydrate sourcenot publishedindicative
Tlc Talcnot applicableglidant and fillernot publishedqualitative
Oil Crude oilnot publishedsynthetic polymersnot publishedqualitative

Who is low-cost, and why

Producers integrated with dairy (lactose) or corn refining (Roquette, ADM) have the lowest cost. Branded functional excipients compete on performance and regulatory documentation, not cost.

Raw materials on the commodity table

Tm TimberMz Maize

What it is made into

ProductNote
API Small-molecule APIscombined in formulations