North America Pharmaceutical Intermediates Market 2022: Future Development, COVID-19 Impact, Manufacturers, Demands and Revenue Report discussed in a new market research report

The pharmaceutical intermediates market in North America is expected to grow from US$ 11,054.47 million in 2021 to US$ 14,927.32 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Countries such as Mexico is emerging as attractive outsourcing locations for pharmaceuticals and biopharmaceuticals industries. Low manufacturing and operating costs in the country are key factors driving the pharmaceutical manufacturing business in the region. Recent growth in the pharmaceutical industry indicate a positive outlook for the pharmaceutical intermediates market. Flourishing domestic pharmaceutical market in the region and increasing number of pipeline drugs are further opening new avenues for the contract manufacturers as well as generic drug manufacturing in the region. Additionally, to meet the growing demand, many contract-based organizations are expanding their manufacturing capabilities, further boosting the growth of the market.

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Key companies profiled in this research study are:
BASF SE
chiracon GmbH
Codexis
Dishman Carbogen Amcis Ltd
Midas Pharma GmbH
Pfizer Inc.
Sanofi
Vertellus Holdings LLC


North America has been witnessing a growing number of COVID-19 cases since its outbreak. For instance, according to Worldometer, the number of cases increased to 31,990,143, with 576,298 deaths reported in the US as of April 2021. The cases are also increasing in Mexico and Canada. In Mexico, the cases have reached 2,281,840, with 209,702deaths as of April 2021. Similarly, in Canada, there are about 1,071,016 COVID cases, reported as of April 2021. The pandemic is straining public health systems globally, interrupting and delaying many kinds of critical health care. A recent survey by the World Health Organization found that health services are among the most frequently disrupted. 7 in 10 countries around the world are experiencing disruptions along with United states, Canada and Mexico. However, as per the IRI data, demand for various dietary supplements rushed at the onset of the coronavirus pandemic in the U.S. at unprecedented rates. The total supplement sales increased by 6% during the first week of March, 2020. Also, due to social distancing practices consumers are experiencing changes to their daily routines of grooming and skin care. This has led to an increased demand for nutrition products that can be used at home. Also, the rising incidence of COVID patients has increased the demand for analgesics in the North America region.

The reports cover key developments in the North America Pharmaceutical Intermediates Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

Business Market Insights dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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Major Features of North America Pharmaceutical Intermediates Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Pharmaceutical Intermediates Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America Pharmaceutical Intermediates Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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