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Pharmaceutical Intermediates Market Report 2024 Growth Factors, Analysis And Forecast 2033

06-04-2024 07:42 AM CET | Chemicals & Materials

Press release from: The Business research company

Pharmaceutical Intermediates Market Report

Pharmaceutical Intermediates Market Report

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Pharmaceutical Intermediates Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $43.01 billion In 2028 At A CAGR Of 6.4%.

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.

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Pharmaceutical Intermediates Market Major 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 Driver - 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.

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Prominent Trend - 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.

Pharmaceutical Intermediates Market Players
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

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/pharmaceutical-intermediates-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the pharmaceutical intermediates market in 2023. The regions covered in the pharmaceutical intermediates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pharmaceutical Intermediates Market Report Structure
3. Pharmaceutical Intermediates Market Trends And Strategies
4. Pharmaceutical Intermediates Market - Macro Economic Scenario
5. Pharmaceutical Intermediates Market Size And Growth
…..
27. Pharmaceutical Intermediates Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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