According to the report title “Global Active Pharmaceutical Ingredients Market Outlook, 2027”, published by Bonafide Research, The global active pharmaceutical ingredients market size was valued at USD 187.2 billion in 2020 and is expected to expand at a CAGR of more than 6.8% from 2021 to 2027. API is used widely in various therapeutic applications like oncology, CVD, respiratory disease, infectious disease, diabetes pain management, etc. The oncology segment is expected to grow with the highest CAGR of 8.4% because of the emerging demand of High Potent APIs for cancer treatment. Although, cardiovascular disease covers huge market shares in terms of value. The market is divided into two segments by the API type, i.e., branded generic APIs. The branded API dominated the market share in 2020. Due to the expiration of branded drug patents, the generic APIs segment is expected to grow rapidly during the forecast period. Also, unmet clinical needs in developing countries increased acceptance of OTC drugs, and lower generic drug costs drive the generic segment. The generic API contains the same chemical substance but differs in taste, color, packaging process, or manufacturing ingredients.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like Major Companies present in the market: Aurobindo Pharma Limited, Cipla Limited, Dr. Reddy’s Laboratories Limited, Lupin Limited, Sun Pharmaceutical Industries Limited, Pfizer Inc., Novartis International AG, Biocon Limited, Sanofi S.A., Teva Pharmaceutical Industries Limited, AbbVie Inc., GlaxoSmithKline plc., Merck Co., Inc., Viatris Inc., Bristol-Myers Squibb Company
Aspects covered in this report
- Global Active Pharmaceutical Ingredients Market with its value and forecast along with its segments
- Region country wise Active Pharmaceutical Ingredients market analysis
- Application wise Active Pharmaceutical Ingredients distribution
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
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- What is the market size and forecast of the Global Active Pharmaceutical Ingredients Market Outlook, 2027?
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- What are the inhibiting factors and impact of COVID-19 shaping Global Active Pharmaceutical Ingredients Market Outlook, 2027 during the forecast period?
Our research and analysis help our clients to see how COVID-19 has Impacted the industry. This allows our clients to invest or divest their resources.
- Which region outstands in the Global Active Pharmaceutical Ingredients Market Outlook, 2027?
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Through an intensive primary study, we have identified the trends and development that can be expected in the forecasted period, along with the change in the preference of the consumers.
- What are the technology trends and regulatory frameworks in the Global Active Pharmaceutical Ingredients Market Outlook, 2027?
Our research report covers, the laws, rules and regulations and other mandatory legal procedures the marketers needs to abide by.
- What are the major companies in the Global Active Pharmaceutical Ingredients Market Outlook, 2027?
Our market research report covers the detailed profiling of the leading companies in the industry, and also a brief discussion about the smaller emerging brands.
COVID-19 Impact: As the Covid-19 pandemic had resulted into strict lockdown and shut down of many companies majorly in Asia-Pacific impacted global active pharmaceutical ingredients. The y-o-y growth in global APIs market was not met in 2020 as the lack of raw material supply chain labor. Although the demand for the drugs likes paracetamol, azithromycin and hydroxychloroquine is up taking the charge. To treat the symptoms and numerous health conditions that a COVID-19 patient may have, such as cough, cold high fever, a variety of medications are employed, leading to the pharmaceutical industry being the epicenter of the pandemic.
An excellent Global Active Pharmaceutical Ingredients Market Outlook, 2027 document has the best market research offerings and the required critical information, whether it is about looking for new product trends or competitive analysis of an existing or emerging market. With this business report, companies can sharpen their competitive edge again and again. The market report has expert insights on global industries, products, company profiles, and market trends.
Types of Technology in the report:
• Solar Photovoltaic
• Concentrated Solar Power (CSP)
Based on synthesis of Active Pharmaceutical Ingredients in the report:
- Synthetic APIs
- Biotech APIs
Based on drug type of Active Pharmaceutical Ingredients in the report:
- Branded APIs
- Generic APIs
Table of Contents Covered In This Global Active Pharmaceutical Ingredients Market Report:
Table of Contents
- Executive Summary
- Report Methodology
- Market Structure
3.1. Market Considerate
3.2. Market Definition
- Economic /Demographic Snapshot
- Top 10 Pharmaceutical Markets Worldwide, 2020
To Be Continue…
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