Active Pharmaceutical Ingredient (API) Market is Estimated to be valued USD 326.7 Billion by 2028 | Pfizer, Novartis AG, Mylan N.V

New research study report, Coherent Market Insights has updated the market report for Active Pharmaceutical Ingredient (API) Market for 2021 till 2028. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain.

The global active pharmaceutical ingredient (API) market is estimated to be valued at US$ 206.0 billion in 2021 and is expected to exhibit a CAGR of 6.8% during the forecast period (2021-2028).

Market Overview -

Major pharmaceutical companies are focusing on expansion of their product line in high potency API (HPAPIs) and also focuses on investing in new HPAPI production facilities, for further outsourcing manufacturing of API’s to contract manufacturers. This in turn will increase the benefits from the latter’s competency and expertise, as captive manufacturing of HPAPI is expensive and requires stringent safety and handling specifications. This factors are expected to drive growth of the active pharmaceutical ingredients market over the forecast period.

𝗟𝗜𝗠𝗜𝗧𝗘𝗗 𝗧𝗜𝗠𝗘 𝗢𝗙𝗙𝗘𝗥 – 𝗛𝘂𝗿𝗿𝘆 𝗨𝗽!!!

𝗕𝘂𝘆 𝗡𝗼𝘄 𝗧𝗼 𝗔𝘃𝗮𝗶𝗹 𝗙𝗹𝗮𝘁 𝟯𝟬% 𝗢𝗳𝗳

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Key Companies -

· Teva Pharmaceutical Industries Ltd.*
· Pfizer, Inc.
· Reddy’s Laboratories Ltd.
· Novartis AG
· Mylan N.V.
· Amneal Pharmaceuticals LLC
· Lonza Group
· Lupin Limited
· Fresenius Kabi
· Hikma Pharmaceuticals
· Cipla Limited
· Glenmark Pharmaceuticals Limited
· Sun Pharmaceutical Industries Ltd.
· Endo International plc
· Aurobindo Pharma Limited
· Apotex Inc.
· Taro Pharmaceutical Industries Ltd
· Stada Arzneimittel AG
· Krka Pharmaceuticals
· CordenPharma International
· Biological E. Limited

Moreover, outsourcing of API manufacturing is rapidly increasing in economies such as India, China, and Eastern European countries, owing to the low cost of manufacturing in these economies in comparison to North America and Western Europe regions. For instance, in October 2017, Piramal Pharma Solutions (PPS), a contract development and manufacturing organization, invested US$ 55 million across its sites in Asia to expand its API manufacturing capabilities and capacities.

Furthermore, in October 2018, Lonza, Switzerland-based biopharma CDMO, expanded its highly potent active pharmaceutical ingredient (HPAPI) capacity for supporting antibody-drug conjugate (ADC) payload manufacturing. It added two new manufacturing facilities at its Visp site for manufacturing of antibody-drug conjugate (ADC) payload.

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Detailed Segmentation:

Global Active Pharmaceutical Ingredient (API) Market, By Product Type:

Low Potent APIs
High Potent APIs

Global Active Pharmaceutical Ingredient (API) Market, By Molecular Type:

Small Molecules
Large Molecules

Global Active Pharmaceutical Ingredient (API) Market, By Formulation:

Oral
Topical
Injectable
Drops

Global Active Pharmaceutical Ingredient (API) Market, By Application:

Diabetes
Oncology
Cardiovascular
CNS
Analgesics
Ophthalmic
Respiratory
Dermatology
Others

Reasons to Buy this Active Pharmaceutical Ingredients Market Report

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➡Leading company profiles reveal details of key Active Pharmaceutical Ingredients market players emerging five operations and financial performance

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➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .

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The following are the study objectives for this report:

· SWOT Analysis focuses on worldwide main manufacturers to define, assess, and analyse market competition. By kind, application, and region, the market is defined, described, and forecasted.
· Examine the global and main regional market potential and advantage, opportunity and challenge, constraints and risks.
· Determine whether trends and factors are driving or limiting market growth.
· By identifying high-growth categories, stakeholders would be able to analyse market potential.
· Conduct a strategic study of each submarket's growth trends and market contribution.
· Expansions, agreements, new product launches, and acquisitions in the market are all examples of competitive developments.
· To create a strategic profile of the main players and analyse their growth plans in depth.

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