Active Pharmaceutical Ingredients (API) Market Size 2021 - Application, Trends, Growth, Opportunities and Worldwide Forecast to 2028

The universal Active Pharmaceutical Ingredients (API) Market report offers meticulous investigation of current scenario of the global market, which considers numerous market dynamics. The report identifies and analyses the emerging trends along with key drivers, challenges and opportunities in the industry. This market document comprises of historic data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. The data and information about ABC industry are taken from reliable sources such as websites, annual reports of the companies, and journals, and then validated by the market experts. Active Pharmaceutical Ingredients (API) Market report covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, major applications.

The Active Pharmaceutical Ingredients (API) Industry will relinquish an approximated estimate at a frequency of 7.1% for the projection space of 2021 to 2028 with factor such as increasing prevalence of various chronic disorders and utilization of advance technology in active pharmaceutical ingredients manufacturing. In addition, increasing disease awareness and education and patent expiry of branded active pharmaceutical ingredients are other factors that can drive the active pharmaceutical ingredients (API) market growth.

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The active pharmaceutical ingredients (API) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2021 to 2028 and is expected to reach USD 300,722.26 million by 2028. Increasing prevalence of various chronic disorders and increase in aging population are the major drivers which propelled the demand of the active pharmaceutical ingredients (API) market in the forecast period.

Major Market Key Competitors:

Dr. Reddy’s Laboratories Ltd.
Sun Pharmaceutical Industries Ltd.
Pfizer Inc.
Sanofi
GlaxoSmithKline plc
AARTI INDUSTRIES LIMITED
Recipharm AB
Jubilant Pharmova Limited
LUPIN
Aurobindo Pharma
Alembic Pharmaceuticals Limited
AbbVie Inc.
AstraZeneca
Alkem Labs
Albemarle Corporation
Saneca Pharmaceuticals
Unichem Laboratories
Neuland Laboratories Ltd.
Divi’s Laboratories Limited
HIKAL Ltd.
Viatris Inc.
Merck KGaA
Novo Nordisk A/S
Sandoz International GmbH (a subsidiary of Novartis AG)
Teva Pharmaceutical Industries Ltd.
Minakem
BASF SE
Cipla Inc.
CordenPharma International
Piramal Pharma Solutions
Trends Impacting the Active Pharmaceutical Ingredients (API) Market

Now the question is which other regions Teva Pharmaceuticals Industries Ltd., Pfizer Inc. and Sanofi are targeting? Data Bridge Market Research has forecasted a large growth in North America active pharmaceutical ingredients (API) market and the market leaders are targeting the U.S. and Canada to be their next pocket revenue for 2021.

The active pharmaceutical ingredients (API) market is becoming more competitive with companies such as Teva Pharmaceuticals Industries Ltd., Pfizer Inc. and Sanofi. These are the top dominating companies in active pharmaceutical ingredients (API) market and are launching more new therapies in the active pharmaceutical ingredients (API) market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global active pharmaceutical ingredients (API) market.

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Active Pharmaceutical Ingredients (API) Market Scope and Market Size
The active pharmaceutical ingredients (API) market is segmented on the basis of the molecule, type, type of manufacturer, synthesis, chemical synthesis, type of drug, usage, potency and therapeutic application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of molecule, the active pharmaceutical ingredients (API) market is segmented into small molecule and large molecule. In 2021, small molecule segment is expected to dominate the active pharmaceutical ingredients (API) market due to increasing number of regulatory approval and rising research and development on novel small molecules due to their high penetration power.
On the basis of type, the active pharmaceutical ingredients (API) market is segmented into innovative active pharmaceutical ingredients and generic active pharmaceutical ingredients. In 2021, innovative active pharmaceutical ingredients segment is expected to dominate the active pharmaceutical ingredients (API) market because of high cost of innovative APIs in comparison to generic APIs and rising FDA approval for the new molecular entities.
On the basis of type of manufacturer, the active pharmaceutical ingredients (API) market is segmented into captive API manufacturer and merchant API manufacturer. In 2021, captive API manufacturer segment is expected to dominate the active pharmaceutical ingredients (API) market due to huge investment by major market players to generate high end manufacturing facilities and easy availability of raw materials.
On the basis of synthesis, the active pharmaceutical ingredients (API) market is segmented into synthetic active pharmaceutical ingredients and biotech active pharmaceutical ingredients. In 2021, synthetic active pharmaceutical ingredients segment is expected to dominate the active pharmaceutical ingredients (API) market because of easy protocol for the synthesis of molecules, less stringent regulatory guidelines and in the coming years, many synthetic molecules goes off patent.
On the basis of chemical synthesis, the active pharmaceutical ingredients (API) market is segmented into acetaminophen, artemisinin, saxagliptin, sodium chloride, ibuprofen losartan potassium, enoxaparin sodium, rufinamide, naproxen, tamoxifen and others. In 2021, saxagliptin segment is expected to dominate the active pharmaceutical ingredients (API) market due to high cost of the API and rising diabetes cases worldwide.
On the basis of type of drug, the active pharmaceutical ingredients (API) market is segmented into prescription drugs and over-the-counter drugs. In 2021, prescription drugs segment is dominating the active pharmaceutical ingredients (API) market because of high cost of the drugs which will increase the APIs and manufacturing cost of the APIs.
On the basis of usage, the active pharmaceutical ingredients (API) market is segmented into clinical and research. In 2021, clinical segment is expected to dominate the active pharmaceutical ingredients (API) market because of rising number of diseases which required continuous supply of APIs and raw material.
On the basis of potency, the active pharmaceutical ingredients (API) market is segmented into low-to-moderate potency active pharmaceutical ingredients and potent-to-highly potent active pharmaceutical ingredient. In 2021, low-to-moderate potency active pharmaceutical ingredients segment is expected to dominate the active pharmaceutical ingredients (API) market because of their less toxicity and less hazard nature.
On the basis of therapeutic application, the active pharmaceutical ingredients (API) market is segmented into cardiology, CNS & neurology, oncology, orthopedic, endocrinology, pulmonology, gastroenterology, nephrology, ophthalmology and other therapeutic application. In 2021, cardiology segment is expected to dominate the active pharmaceutical ingredients (API) market because of rising number of cardiac diseases such as heart attack, embolism and others.
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List of Figures:

FIGURE 1 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: SEGMENTATION

FIGURE 2 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: DATA TRIANGULATION

FIGURE 3 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: DROC ANALYSIS

FIGURE 4 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: GLOBAL VS REGIONAL MARKET ANALYSIS

FIGURE 5 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: MULTIVARIATE MODELLING

FIGURE 7 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 8 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: DBMR MARKET POSITION GRID

FIGURE 9 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: VENDOR SHARE ANALYSIS

FIGURE 10 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: MARKET TYPE OF MANUFACTURER COVERAGE GRID

FIGURE 11 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: SEGMENTATION

FIGURE 12 NORTH AMERICA IS EXPECTED TO DOMINATE THE GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET AND ASIA-PACIFIC IS EXPECTED TO GROW WITH THE HIGHEST CAGR IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 13 UTILIZATION OF ADVANCED TECHNOLOGY IN ACTIVE PHARMACEUTICAL INGREDIENTS MANUFACTURING IS DRIVING THE GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 14 SMALL MOLECULE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET IN 2021 & 2028

FIGURE 15 NORTH AMERICA IS THE FASTEST GROWING MARKET FOR THE ACTIVE PHARMACEUTICAL INGREDIENTS (API) MANUFACTURERS IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET

FIGURE 17 NUMBER OF PERSONS AGED 60 YEARS ACROSS SEVERAL REGIONS IN 2017 AND 2050

FIGURE 18 HEALTHCARE EXPENDITURE PER CAPITA

FIGURE 19 SHARE OF API MARKET OCCUPIED IN ASIA

FIGURE 20 GLOBAL ACTIVE PHARMACEUTICAL INGREDIENTS (API) MARKET: BY MOLECULE, 2021

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Research Methodology: Global Active Pharmaceutical Ingredients (API) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

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