Active Pharmaceutical Ingredients Market Research Report 2021-2026: Size, Share, Trends, Growth and Forecast
Published by IMARC Services Private Limited
Posted on September 9, 2021

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Published by IMARC Services Private Limited
Posted on September 9, 2021

IMARC Group’s latest report, titled “Active Pharmaceutical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the global active pharmaceutical ingredients (API) market size reached a value of US$ 200.6 Billion in 2020. Looking forward, IMARC Group expects the global active pharmaceutical ingredients (API) market to exhibit moderate growth during 2021-2026. Active pharmaceutical ingredients (APIs) are the biologically active components of a pharmaceutical drug. They are manufactured through a variety of processes such as chemical synthesis, recombinant DNA, fermentation, isolation, and recovery from natural sources. At present, many governments, especially in developing economies, are promoting the domestic production of APIs to reduce dependence on foreign supply.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/active-pharmaceutical-ingredients-market/requestsample
Global Active Pharmaceutical Ingredients Market Trends:
The increasing prevalence of chronic diseases is the primary factor that has led to an increase in the demand for drugs, which in turn has augmented the growth of the global API industry. Moreover, several manufacturers are investing in research and development (R&D) activities to produce better-quality, low-cost APIs that can help in the treatment of diseases beyond the scope of small molecule drugs. Apart from this, pharmaceutical companies are shifting their manufacturing facilities, as well as outsourcing their operations to developing countries for increasing production and reducing input costs. Moreover, the demand for generic APIs is expected to increase significantly as blockbuster drugs worth several billion dollars are projected to lose patent protection in the coming years.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/active-pharmaceutical-ingredients-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has also been examined, with some of the key players being Pfizer, Inc., Novartis International AG, Sanofi SA, Boehringer Ingelheim Group, Bristol-Myers Squibb Company, Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, GlaxoSmithKline plc, Merck & Co., Inc. and AbbVie Inc.
Breakup by Drug Type:
Breakup by Manufacturer:
Breakup by Synthesis:
Breakup by Therapeutic Application:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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IMARC Group’s latest report, titled “Active Pharmaceutical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the global active pharmaceutical ingredients (API) market size reached a value of US$ 200.6 Billion in 2020. Looking forward, IMARC Group expects the global active pharmaceutical ingredients (API) market to exhibit moderate growth during 2021-2026. Active pharmaceutical ingredients (APIs) are the biologically active components of a pharmaceutical drug. They are manufactured through a variety of processes such as chemical synthesis, recombinant DNA, fermentation, isolation, and recovery from natural sources. At present, many governments, especially in developing economies, are promoting the domestic production of APIs to reduce dependence on foreign supply.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/active-pharmaceutical-ingredients-market/requestsample
Global Active Pharmaceutical Ingredients Market Trends:
The increasing prevalence of chronic diseases is the primary factor that has led to an increase in the demand for drugs, which in turn has augmented the growth of the global API industry. Moreover, several manufacturers are investing in research and development (R&D) activities to produce better-quality, low-cost APIs that can help in the treatment of diseases beyond the scope of small molecule drugs. Apart from this, pharmaceutical companies are shifting their manufacturing facilities, as well as outsourcing their operations to developing countries for increasing production and reducing input costs. Moreover, the demand for generic APIs is expected to increase significantly as blockbuster drugs worth several billion dollars are projected to lose patent protection in the coming years.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/active-pharmaceutical-ingredients-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has also been examined, with some of the key players being Pfizer, Inc., Novartis International AG, Sanofi SA, Boehringer Ingelheim Group, Bristol-Myers Squibb Company, Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, GlaxoSmithKline plc, Merck & Co., Inc. and AbbVie Inc.
Breakup by Drug Type:
Breakup by Manufacturer:
Breakup by Synthesis:
Breakup by Therapeutic Application:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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White Box Server Market: https://www.imarcgroup.com/white-box-server-market
Air Conditioning System Market: https://www.imarcgroup.com/air-conditioning-system-market
Aramid Fiber Market: https://www.imarcgroup.com/aramid-fiber-market
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