Small molecule API (Active Pharmaceutical Ingredient) is a substance or mixture of substances intended to be used as the active ingredient in the manufacture of a drug or medicinal product. Small molecule drugs have some distinct advantages as therapeutics: most can be administered orally and are most likely to be absorbed by the body. Due to its small size, it has properties of rapid diffusion to reach the intracellular site.
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High prevalence of cardiovascular diseases, cancer, and infectious diseases, easy access to the people for medication in emerging economies, and rise in number of corporate agreements is expected to boost the growth of the global small molecule API market over the forecast period. For instance, in November 2014, Marine Ingredients acquired BASF’s manufacturing facility for natural fish oils, medium-concentrated omega-3, and customized bottled fish oil in Norway.
Moreover, as per the National Center for Biotechnology Information (NCBI), of the 570,341 deaths in the United Kingdom (U.K.) in 2014, 29.4% were due to cancer and 27.1% were due to cardiovascular disease.
Moreover, increasing adoption of generic drugs, increase in awareness among people about the benefits of small molecule API, technological advancements, and well established healthcare infrastructure are some major factors expected to augment growth of the global small molecule API market. For instance, according to Indian Brand Equity Foundation (IBEF), in 2018, India was the largest producer of generic drugs, supplying 50% of vaccines and 40% of drugs to the United States and 25% of drugs to the United Kingdom.
By API Type:
- Alkylating Agents
- North America
- Latin America
- Asia Pacific
- Middle East
North America and Asia Pacific are expected to witness substantial growth in the global small molecule API market due to the increasing adoption of over the counter (OTC) drugs, strong research and development in API, and rapid growth of the healthcare/pharmaceutical industry in these regions. For instance, according to IBEF, investment in research and development by Indian pharmaceutical companies increased from 5.3% to 8.5% from 2012 to 2018.
Major players active in the global small molecule API market are Teva Pharmaceuticals, BASF SE, Merck & Co, Inc., AstraZeneca, Sun Pharmaceuticals, Albany Molecular Research Inc., GILEAD Science Inc., GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., Bachem Holding AG, Bristol-Myers Squibb, Boehringer Ingelheim GmbH, Johnson & Johnson, Novartis AG, Sanofi S.A., Pfizer, Siegfried Holding, Johnson Matthey, Albemarle Corporation, Allergan, Cambrex Corporation, Aurobindo Pharma, and Dr. Reddy’s Laboratories Ltd.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Small Molecule API Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Small Molecule API Industry Impact
Chapter 2 Global Small Molecule API Competition by Types, Applications, and Top Regions and Countries
2.1 Global Small Molecule API (Volume and Value) by Type
2.3 Global Small Molecule API (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Small Molecule API Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Small Molecule API Market Analysis
Chapter 6 East Asia Small Molecule API Market Analysis
Chapter 7 Europe Small Molecule API Market Analysis
Chapter 8 South Asia Small Molecule API Market Analysis
Chapter 9 Southeast Asia Small Molecule API Market Analysis
Chapter 10 Middle East Small Molecule API Market Analysis
Chapter 11 Africa Small Molecule API Market Analysis
Chapter 12 Oceania Small Molecule API Market Analysis
Chapter 13 South America Small Molecule API Market Analysis
Chapter 14 Company Profiles and Key Figures in Small Molecule API Business
Chapter 15 Global Small Molecule API Market Forecast (2021-2027)
Chapter 16 Conclusions
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