Our latest released Active Pharmaceutical Ingredients market report encompasses the systematic evaluation of the market situation for the forecast period 2021-2028. The market report focuses on thoroughly explaining market opportunities, trends, drivers, restraints, and other factors involved in the growth of the market. It also provides insight into historical data and predicts what a business owner needs to do, in order to gain adequate profit. Moreover, It provides a comprehensive study of the Active Pharmaceutical Ingredients market with complete insight into the global economy and competitive landscape to business investors. A thorough assessment of competitors and their offerings is conducted that will equip business owners to make strategically astute decisions.
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Active Pharmaceutical Ingredients Market – Overview
Increasing investment in the manufacture of APIs is expected to propel the growth of the global active pharmaceutical ingredients market over the forecast period. For instance, in September 2021, AstraZeneca announced to invest US$ 360 million to develop a manufacturing facility in Ireland to produce active pharmaceutical ingredients (APIs), or the main components of medicines.
Emergence of Covid-19 and mass vaccination is expected to offer lucrative growth opportunities for players in the global active pharmaceutical ingredients market. Globally, as of 6:35 pm CEST, 24 September 2021, there have been 230,418,451 confirmed cases of COVID-19, including 4,724,876 deaths, reported to WHO. As of 23 September 2021, a total of 5,874,934,542 vaccine doses have been administered. Moreover, government initiatives to boost the production of APIs are also expected to aid in the growth of the market. For instance, in June 2021, the Government of India approved four waitlisted firms under the Production Linked Incentive scheme for domestic manufacturing of bulk drugs and Active Pharmaceutical Ingredients (APIs).
Active Pharmaceutical Ingredients Market – Restraints
High cost of APIs is expected to hinder the growth of the global active pharmaceutical ingredients market. For instance, in August 2021, the report, titled Pharma Industry: Trends and Prospects, noted a 50 percent rise in the prices of active pharmaceutical ingredients exported from China to India.
Active Pharmaceutical Ingredients Market – Key Takeaways
- Increasing investment in the manufacture of APIs is expected to propel the growth of the global active pharmaceutical ingredients market over the forecast period
- Major players operating in the global active pharmaceutical ingredients market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2021, Emzor a privately owned indigenous pharmaceutical company, partnered with India-based Mangalam Drugs & Organics Limited, a manufacturer of Active Pharmaceutical Ingredients (APIs), to locally manufacture API in Nigeria and distribute Active Pharmaceutical Ingredients (APIs) for the treatment and prevention of malaria.
Active Pharmaceutical Ingredients Market – Top Players
Major players operating in the global active pharmaceutical ingredients market include Abbvie Contract Manufacturing, Aesica Pharmaceuticals Ltd., Aurobindo Pharma, Actavis Plc, Albany Molecular Research Inc. (Amri), Avid Bioservices Inc., BASF AG, Boehringer Ingelheim, Cambrex Corp., CIPLA, CSPC Pharmaceutical Group, Corden Pharma International GmbH, Dishman Group, Divis Laboratories Ltd., Dr. Reddy’s Laboratory, Fareva Group, GlaxoSmithKline Plc, Halo Pharma, Hetero, Johnson Matthey Pharmaceutical Materials Inc., Jubilant Life Sciences Ltd., Lonza Group, Lupin, Merck Kgaa, Mylan N.V., Novartis AG, Patheon, Pfizer Centreone, Piramal Pharma Solutions, Shandong Xinhua Pharmaceutical Co. Ltd., Siegfried Ag, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries, Inc., Wuxi Apptec, Zhejiang Chemicals Import/Export Corp., and Zhuhai United Laboratories Co. Ltd.
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Active Pharmaceutical Ingredients Market – Segmentation
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
By Regions, the market is segmented into:
- North America (U.S., Canada, and others)
- Europe (U.K., France, Germany, Russia, and others)
- Asia-Pacific (China, Japan, India, Australia, and others)
- South America (Brazil, Argentina, and others)
- Middle East & Africa (South Africa, Saudi Arabia, and others)
- Focuses on the key global Active Pharmaceutical Ingredients Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- Trade contributors moreover as trade analysts across the worth chain have taken vast efforts in doing this group action and heavy lifting add order to produce the key players with useful primary & secondary data concerning the world Active Pharmaceutical Ingredients market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Our key underpinning is the 4-Quadrant Framework that offers detailed visualization of four elements:
– Customer Experience Maps
– Insights and Tools based on data-driven research
– Actionable Results to meet all the business priorities
– Strategic Frameworks to boost the growth journey
Reasons to Purchase this Report:
- The trendy developments, market shares, and strategies that are employed by means of the essential market players
- The segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast period
- Current and future of global Active Pharmaceutical Ingredients market outlook in the developed and rising markets
- Regions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast period
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