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Pharmaceutical Intermediates Market could be worth US$ 37,290.33 million by 2028, says Premium Market Insights
Pharmaceutical Intermediates Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (GMP, and Non GMP); Applications (Antibiotics, Antipyretic Analgesics, Vitamins, and Others); Distribution Channel (Distributor, and Direct Sales), and Geography The global pharmaceutical intermediates market is expected to reach US$ 37,290.33 million in 2028 from US$ 27,356.70 million in 2020. The market is estimated to grow with a CAGR of 4.2% from 2021-2028.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00015505?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Pharmaceutical Intermediates Market:
Countries in Asia Pacific are emerging as attractive outsourcing locations for pharmaceuticals and biopharmaceuticals industries. Low manufacturing and operating costs in China and India are key factors driving the pharmaceutical manufacturing business in the region. Recent growth in the pharmaceutical industry in both these countries indicate a positive outlook for the pharmaceutical intermediates market. As per the India Brand Equity Foundation (IBEF), an initiative of the Ministry of Commerce & Industry of the Government of India, the value of the pharmaceutical industry in India is expected to reach US$ 100 billion by 2025. Moreover, pharmaceuticals export from India was worth US$ 16.3 billion in 2020; these exports include drug formulations, bulk drugs, intermediates, biologicals, and herbal products. Flourishing domestic pharmaceutical market in APAC and increasing number of pipeline drugs are further opening new avenues for the contract manufacturers as well as generic drug manufacturing in the region. As per IBEF, India's domestic pharmaceutical market business revenue reached US$ 20.03 billion (INR 1.4 lakh crore) in 2019, with a year-on-year (y-o-y) increase of 9.8% from US$ 18.12 billion (INR 129,015 crore) in 2018. Additionally, to meet the growing demand, many contract-based organizations are expanding their manufacturing capabilities, further boosting the growth of the market. For instance, in January 2020, STA Pharmaceutical Co., Ltd., a subsidiary of WuXi AppTec, opened a new large-scale oligonucleotide API manufacturing facility in China. Thus, the emerging markets hold high potential and huge revenue generation opportunities for the pharmaceutical continuous manufacturing companies.
Pfizer, Inc
Dishman Group
Dextra Laboratories Limited
Sanofi Winthrop Industries S.A.
Vertellus Holdings LLC
BASF SE
Lianhetech
Codexis
Midas Pharma GmbHBottom of Form
Chapter Details of Pharmaceutical Intermediates Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Pharmaceutical Intermediates Market Landscape
Part 04: Pharmaceutical Intermediates Market Sizing
Part 05: Pharmaceutical Intermediates Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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