Published by IMARC Services Private Limited
Posted on September 24, 2021
4 min readLast updated: February 2, 2026
The North America API market reached $72.7 Billion in 2020, with a 6.2% CAGR expected till 2026, driven by chronic diseases and COVID-19.
According to the latest report by IMARC Group, titled “North America Active Pharmaceutical Ingredient Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the north america active pharmaceutical ingredients market reached a value of US$ 72.7 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.2% during 2021-2026.
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.
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Active pharmaceutical ingredient (API) refers to a combination of biologically active substances used in a finished pharmaceutical product. Some of the common processes utilized for the production of an API include recombinant deoxyribonucleic acid (DNA), chemical synthesis, isolation, fermentation, and recovery from natural resources. API has a direct effect in correcting, modifying, and restoring physiological functions of the body. As a result, it is largely utilized in the fields of oncology, pulmonology, nephrology, orthopedic, endocrinology, and neurology.
The North America API market growth is being driven by the increasing prevalence of various chronic diseases, such as diabetes and cancer. The introduction of several research and development (R&D) programs for novel drug production and the rising importance of generics are further supporting the market growth. Apart from this, the sudden outbreak of the coronavirus disease (COVID-19) has provided a favorable impact on the market as it has prompted leading players to manufacture large amounts of API to cater to the demand for COVID-19 medications in the region.
North America Active Pharmaceutical Ingredient Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the north america active pharmaceutical ingredient market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america active pharmaceutical ingredient market on the basis of drug type, manufacturer type, synthesis type, product and expression system type, therapeutic application, country.
Breakup by Drug Type:
Breakup by Manufacturer Type:
Breakup by Synthesis Type:
Breakup by Product and Expression System Type:
Breakup by Therapeutic Application:
Breakup by Country:
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/north-america-active-pharmaceutical-ingredients-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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The article discusses the growth and forecast of the North America Active Pharmaceutical Ingredient market from 2021 to 2026.
COVID-19 has increased the demand for APIs as manufacturers ramp up production to meet the needs for medications.
The increasing prevalence of chronic diseases and the importance of generics are key drivers of the API market growth.
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