Penicillin Intermediates Market Growth Accelerates: Innovations in Antibiotic Manufacturing (2024-2030) | Valuates Reports

Penicillin Intermediates Market Size

The global Penicillin Intermediates market was valued at US$ 10050 million in 2023 and is anticipated to reach US$ 14330 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.

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Penicillin intermediates are some chemical raw materials or chemical products used in the synthesis process of penicillin drugs. They do not need to be produced in accordance with drug regulations and apply for batch numbers, benefiting from the steady development of the downstream antibiotic industry.

Penicillin is the first anti-infective drug used clinically in the world. For a long time, penicillin has been prosperous in the antibiotic market and has become the first-line antibacterial drug widely used in the world. In recent years, the penicillin market has shrunk relatively, but its role in clinical practice is irreplaceable, and the market prospect of penicillin APIs is still promising. Especially with the implementation of new medical reform and new community cooperative medical care and other policies to benefit the people, the country has begun to implement the essential drug system, penicillin may become the first choice of antibiotics for grassroots clinical use due to its price advantage, and the scale of penicillin chemical raw materials may be further expanded .

This report aims to provide a comprehensive presentation of the global market for Penicillin Intermediates, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Penicillin Intermediates.

By Type
• 6-APA
• Penicillin G Potassium Salt

By Application
• Amoxicillin
• Ampicillin Sodium

Key Companies
DSM, Sandoz, Carbontree, United Laboratories, Sinopharm Weiqida Pharmaceutical, Yili Chuanning Biotechnology, Inner Mongolia Changsheng Pharmaceutical, CSPC Pharmaceutical, North China Pharmaceutical, Harbin Pharmaceutical Group, Shanghai Shyndec Pharmaceutical

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This release was published on openPR.