Pharmaceutical Intermediates Market 2024-2033, Trend Analysis Reports: Harnessing Insights for Success

The pharmaceutical intermediates market size has grown strongly in recent years. It will grow from $31.33 billion in 2023 to $33.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to chemical synthesis advancements, drug development evolution, market demand and growth, research and development, regulatory compliance.

The pharmaceutical intermediates market size is expected to see strong growth in the next few years. It will grow to $43.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to biopharmaceutical innovation, precision medicine development, green chemistry initiatives, customized intermediates, pharmaceutical outsourcing trends. Major trends in the forecast period include continuous flow chemistry, increased automation and robotics, application of nanotechnology, biocatalysis and enzyme engineering, strategic supply chain management.

Market Overview -
Pharmaceutical intermediates refer to chemical compounds or substances that are used in the synthesis and production of active pharmaceutical ingredients (APIs) or drug substances. It is used by pharmaceutical companies, and research institutions in the development and production of a wide range of drugs and therapeutic products.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=11948&type=smp

Pharmaceutical Intermediates Market Driven By Increasing Prevalence Of Chronic Diseases
The rise in the prevalence of chronic diseases is expected to propel the growth of the pharmaceutical intermediates market going forward. Chronic diseases refer to a sickness or condition that typically lasts three months or longer and has the potential to worsen over time. The rise in chronic diseases is mostly driven by the aging population, lifestyle changes, rapid urbanization, and lack of preventive measures, where pharmaceutical intermediates play a crucial role in the development and production of medications used to manage chronic diseases. For instance, in March 2022, according to the National Institute of Health, a US-based medical research agency, the prevalence of chronic kidney disorders will be 13.4%. Additionally, it is projected that between 4.902 and 7.083 million individuals will require renal replacement therapy due to end-stage kidney disease (ESKD). The utilization of accurate pharmaceutical intermediates can play a significant role in mitigating the increasing prevalence of chronic conditions. Therefore, the rise in the prevalence of chronic diseases is driving the growth of the pharmaceutical intermediates market.

Competitive Landscape -
Major companies operating in the pharmaceutical intermediates market report are BASF SE, Sanofi SA, Thermo Fisher Scientific Inc, Meck KGaA, Dishman Carbogen Amcis Ltd, Evonik Industries AG, Arkema Inc., Lonza Group AG, Wuxi AppTec co. Ltd, Aurobindo Pharma Lmited., Lianhe Chemical Technology Co. Ltd., Cambrex Corporation, Vertellus Holdings LLC., Hovione LLC, Hikal Ltd., Codexis Inc., Aceto Corporation, Interchem Corporation, Midas Pharma GmbH, Arbiom, Dextra Laboratories Ltd., A. R. Life Sciences, Ingenza Ltd, Chiracon GmbH, Dyadic International Inc., Elam Pharma Pvt Ltd, Yin-sheng Bio-tech Co. Ltd., Green Vision Life Sciences, Sibylla Biotech s.r.l., Pfizer CentreOne

Advanced Drug Development In Digestive Health
Major companies operating in the pharmaceutical intermediates market are innovating new product lines such as API Intermediates to increase their profitability in the market. API intermediates are chemical compounds that are used in the synthesis of active pharmaceutical ingredients (APIs). For instance, in October 2023, Huateng Pharmaceutical Co. Ltd., a China-based pharmaceutical company launched its exciting product line called Gastrointestinal API Intermediates. These intermediates function as the building blocks for the pharmaceutical active ingredients found in digestive system medications. They are necessary for the production of medications that treat disorders of the gastrointestinal system, including laxatives, 5-HT3 receptor antagonists, H2-receptor antagonists, and proton pump inhibitors.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/pharmaceutical-intermediates-global-market-report

Key Segments -

The pharmaceutical intermediates market covered in this report is segmented -

1) By Product: Chemical Intermediate, Bulk Drug Intermediate, Other Products
2) By Category: Branded Drug Intermediate, Generic Drug Intermediate
3) By Application: Analgesics, Anti-Infective Drugs, Cardiovascular Drugs, Oral Antidiabetic Drugs, Antimicrobial Drugs, Other Applications
4) By End-User: Biotech And Pharma Companies, Research Institutions, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.