Press release
Tirzepatide API Market Set to Reach USD XX Billion by 2030, Driven by Rising Diabetes and Obesity Treatments
Tirzepatide API MarketTirzepatide is an investigational drug that is being developed for the treatment of type 2 diabetes. It is a dual-acting glucagon-like peptide-1 receptor agonist (GLP-1RA) and glucose-dependent insulinotropic polypeptide receptor agonist (GIPRA) compound.
The global Tirzepatide API market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of during the forecast period 2024-2030.
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North American market for Tirzepatide API is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Tirzepatide API is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Tirzepatide API include Teva API, Dr. Reddy's Laboratories, Neuland Laboratories, Midas Pharma, Sinopep Allsino Biopharmaceutical, Hunan Ouya Pharmaceutical, Hangzhou Go Top Peptide Biotech, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Tirzepatide API, 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 Tirzepatide API.
The Tirzepatide API market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Tirzepatide API market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
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The report will help the Tirzepatide API manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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