The report "Active Pharmaceutical Ingredient Market by Type of Synthesis (Biotechnological. Synthetic, Semi-Synthetic), by Application Area (Cardiovascular system, Oncology, CNS & Neurological system, Orthopaedic, Endocrinology, Pulmonology, Gastrointestinal system, Nephrology system, Ophthalmology, Others) - Global Forecasts to 2030", is projected to reach USD 191.3 billion in 2023, registering at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period 2024-2030. The growth of the active pharmaceutical ingredient market is majorly driven by the rising prevalence of cancer and increasing sophistication in oncology drug research.
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An over-the-counter (OTC) or prescription medicine's active pharmaceutical ingredient (API) is the part that gives the medication its intended health benefits. An API and its name are the same as a generic version of a prescription medication. Multiple active ingredients, each with the potential to operate differently or treat distinct symptoms, are used in combination therapy.
Regional Overview:
The report also examines the current concerns and their Future Effects on the Active Pharmaceutical Ingredient Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Active Pharmaceutical Ingredient Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Competitive Dashboard:
The prominent key players operating in the global active pharmaceutical ingredient market are Pfizer, Inc. (U.S.), Sanofi (France), Lonza Group (Switzerland), Boehringer Ingelheim (Germany), Novartis AG (Switzerland), GlaxoSmithKline plc (U.K.)
A Few Points from the Table of Contents –
1. Executive Summary
2. Global Active Pharmaceutical Ingredient Market Introduction
3. Global Active Pharmaceutical Ingredient Market Dynamics
4. Global Active Pharmaceutical Ingredient Market Analysis, 2019 - 2023 and Forecast 2024 – 2030
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9. Global Active Pharmaceutical Ingredient Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10. North America Active Pharmaceutical Ingredient Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11. Europe Active Pharmaceutical Ingredient Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12. Asia Pacific (APAC) Active Pharmaceutical Ingredient Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13. Middle East and Africa (MEA) Active Pharmaceutical Ingredient Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14. Latin America Active Pharmaceutical Ingredient Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15. Competition Landscape
16. Research Methodology
17. Appendix and Abbreviations
Scope of The Report:
- The active pharmaceutical ingredient market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the active pharmaceutical ingredient market along with CAGR calculation for the forecast period.
- The market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The active pharmaceutical ingredient market key players covered here to help them strengthen their place in the market.
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