Global Active Ingredients Market Upcoming Trends, Leading Providers, Regional Analysis and Foreseen to 2023
In addition, the growing demand for innovative therapies for the treatment of critical illnesses such as cancer is expected to fuel the demand for active ingredients. Government approval of new pharmaceutical formulations is projected to witness growth in the pharmaceutical market.
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In addition, the growing demand for youth-focused products has increased the application of active ingredients, which is likely to generate potential growth opportunities. With the advent of research on specialty drugs and the development of generic drugs, the market is expected to gain momentum in the pharmaceutical industries.
It is likely that the increased demand for anti-aging products will lead to the growth of the personal care segment. It is expected that the limited availability and high cost of raw materials will hinder the growth of the market. However, the change in lifestyle along with growth in beautification products is expected to increase market demand and create lucrative opportunities.
Europe and North America have been the main drivers of the active ingredient market due to the increase in the government's focus on generic drugs along with the demand for skin care products. It is expected that the Asia-Pacific and LAMEA regions will experience an increase in demand for active ingredients due to the increase in macroeconomic factors.
The report on the active ingredients market is segmented according to the application, the end user and the geography. Based on the application, it includes pharmaceuticals, cosmetics, insecticides and others. According to the end user, the market is classified into medical care, personal care, agriculture and others. Geographically, the market is analyzed in North America, Europe, Asia-Pacific and LAMEA.
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• The Dow Chemicals Company
• Ashland Inc.
• Du Pont
• Sumitomo Group
• LOral S.A.
• Beiersdorf AG
• Sederma Inc.
• Evonik Industries
Key Benefits for Stakeholders:
• This report includes a detailed quantitative analysis of the current market and estimates from 2014 to 2022 that help to identify existing market opportunities to capitalize on the global market of active ingredients.
• In-depth market coverage, including drivers, constraints and opportunities, helps professionals better understand market behavior.
• A detailed study of the strategies of key leaders, associations and acquisitions in the market is provided.
• The Porters Five Forces analysis examines the competitive structure of the market and helps strategists make better decisions.
• The precise analysis of the geographical segments helps to identify opportunities for growth within the market.
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