The active pharmaceutical ingredient (API) market is expected to reach USD 369.56 million by 2030, which is USD 223.3 million in 2022 and is expected to undergo a CAGR of 6.50% during the forecast period 2023 to 2030.
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Active Pharmaceutical Ingredient (API) Market Analysis and Insights
The active pharmaceutical ingredient (API) is a drug's active component. In layman's terms, API is a component of any drug that produces the desired effects. Drugs are typically made up of several components. The primary ingredient is the API. Excipients are other ingredients that are required to be biologically innocuous and often form a changeable fraction of the drug product. Formulation refers to the process of optimising and composing the mixture of ingredients used in the medicine. Some drugs contain multiple active APIs in order to treat multiple symptoms or act in complex ways. Local pharmaceutical companies have done the majority of API production.
Data Bridge Market Research analyses that the active pharmaceutical ingredient (API) market was valued at USD 300,722.26 billion in 2021 and is expected to reach at value of USD 540335.81 billion by 2029 at a CAGR of 7.6% during the forecast period of 2022 to 2029. The rising prevalence of various chronic diseases and an ageing population are the major drivers driving the active pharmaceutical ingredients (API) market during the forecast period. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Global Active Pharmaceutical Ingredient (API) Market Scope
The active pharmaceutical ingredient (API) market is segmented on the basis of molecule, type, type of manufacturer, synthesis, chemical synthesis, type of drug, usage, potency and therapeutic application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Small molecule
- Large molecule
- Innovative Active Pharmaceutical Ingredients
- Generic Active Pharmaceutical Ingredients
Type of manufacturer
- Captive API Manufacturer
- Merchant API Manufacturer
- Synthetic Active Pharmaceutical Ingredients
- Biotech Active Pharmaceutical Ingredients
- Sodium Chloride
- Ibuprofen Losartan Potassium
- Enoxaparin Sodium
Type of drugs
- prescription drugs
- over the counter drugs
- low-to-moderate potency active pharmaceutical ingredients
- potent-to-highly potent active pharmaceutical ingredient
- CNS neurology
- other therapeutic application
Active Pharmaceutical Ingredient (API) Market Regional Analysis/Insights
The active pharmaceutical ingredient (API) market is analysed and market size insights and trends are provided by country, type, treatment, diagnosis, indications, dosage, route of administration, end-users and distribution channel as referenced above.
The countries covered in the active pharmaceutical ingredient (API) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Active Pharmaceutical Ingredient (API) Market Share Analysis
Some of the major players operating in the active pharmaceutical ingredient (API) market are
- Novartis AG (Switzerland)
- Sanofi (France)
- Pfizer Inc. (U.S.)
- Johnson Johnson Private Limited (U.S.)
- Abbott (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
- Bausch Health Companies Inc. (Canada)
- UCB S.A. (Belgium)
- Sunovion Pharmaceuticals Inc. (U.S.)
- GW Pharmaceuticals plc. (U.K.)
- AstraZeneca (U.K.)
- GlaxoSmithKline plc (U.K.)
- Lundbeck A/S (Denmark)
- Takeda Pharmaceutical Company Limited (Japan)
- Sumitomo Dainippon Pharma Co., Ltd. (Japan)
- Cadila Pharmaceuticals (India)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Active Pharmaceutical Ingredient (API) Market
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