Uploaded on Aug 21, 2020
Active Pharmaceutical Ingredient Market Size to Reach USD 261.28 Billion by 2026; Rising Cases of Cancer to Boost Growth
Active Pharmaceutical Ingredient Market
Active Pharmaceutical
Ingredient Market
Set to Exceed USD 306.1 Billion By 2027 | CAGR: 7.1%
“Active Pharmaceutical Ingredient (API) Market Share, Size,
Trends, Industry Analysis Report, By Product Type (mAb,
Immunoglobulin, Cytokines, Insulin, Peptide Hormones,
Blood Factors, Peptide Antibiotics, Vaccines, Small Molecule
Antibiotics, Highly Potent Active Pharmaceutical Ingredient
(HPAPI), and Others); By Form (Aqueous, Non-Aqueous
Liquid, and Dry Powder); By Manufacturer Type (Captive,
and Merchant); By Application; By Regions; Segment
Forecast, 2020 - 2027”
Active Pharmaceutical Ingredient Market Estimate & Forecast to 2027
The global active pharmaceutical ingredient (API) market size is expected to reach USD 306.1 billion by
2027 according to a new study by Polaris Market Research. The report gives a detailed insight into
current market dynamics and provides analysis on future market growth.
Active Pharmaceutical Ingredient (API) is a substance involved in the finished pharmaceutical product
(FPP), aimed to enhance the pharmacological activity or have direct impact in the cure, mitigation,
diagnosis, treatment of disease or in modifying, correcting or restoring physiological functions in the
human body. Drug products are composed of various components, API is the primary ingredient of a drug
product, for instance, capsule or a tablet. APIs form used in the formulation is the most stable crystalline
form, thermo-dynamically.
The prominent factors favoring the global market include the sudden outbreak of novel corona virus,
which is rapidly escalating the demand for pharmaceuticals and thereby fueling the overall market growth.
Additionally, rise in aging population, rising cases of cardiovascular diseases, cancer, AIDs, other
infectious diseases, are further contributing to augmenting demand for APIs that are used in drugs. For
instance, according to a report published in March 2020, by World Health Organization (WHO), the
number of COVID-19 patients increased to 200,000 and in almost after twelve-day period, the number
would exceed by 100,000. Moreover, rising incidence of cardiovascular, oncology, diabetes and lifestyle
diseases coupled with rising geriatric populace is furthermore surging the overall demand for the global
market.
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Active Pharmaceutical Ingredient Market Scope
By Product Type By Form By By Application By Region
Manufactur
er Type
• Monoclonal • Aqueou • Captive • Cardiology • North America
Antibodies s • Merchant • Oncology (U.S., Canada)
• Immunoglobulin • Non- • CNS & Neurology • Europe (France,
• Cytokines Aqueou • Orthopedic Germany, UK,
• Insulin s • Endocrinology Italy, Spain,
• Peptide • Dry • Pulmonology Netherlands,
Hormones Powder • Gastroenterology Austria)
• Blood Factors • Nephrology • Asia Pacific
• Peptide • Ophthalmology (Japan, China,
Antibiotics • Others India, Malaysia,
• Vaccines Indonesia. South
• Small Molecule Korea)
Antibiotics • Latin America
• Highly Potent (Brazil, Mexico,
Active Argentina)
Pharmaceutical • MEA (Saudi
Ingredient Arabia, UAE,
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(HPAPI) Request for sample Israel, South
• Others Africa)
Active Pharmaceutical Ingredient Market Estimate & Forecast to 2027
Market participants such as AbbVie Inc., Albemarle Corporation, AstraZeneca, Aurobindo Pharma,
Boehringer Ingelheim, Bristol-Myers Squibb, Cipla Inc., Dr. Reddy’s Laboratories Ltd., ELI Lilly and
Company, F. Hoffmann-La Roche, GlaxoSmithKline PLC, Lonza Group, Merck & Co., Inc., Mylan N.V.,
Novartis AG, Pfizer, Inc., Sanofi, Sun Pharmaceutical Industries Ltd, and Teva Pharmaceutical Industries
Ltd. are some of the key players operating in the global market.
Access Research Report On Active Pharmaceutical Ingredient Market
Players in the market are focusing on developing active pharmaceutical Ingredient to suffice the rising
demand of critical drugs for the treatment of numerous diseases. For the treatment of various diseases
such as cancer, HIV, arthritis, Hepatitis-B, diabetes, cardiovascular diseases, Aids and various others,
which are responsible for the majority of deaths across the globe, the innovation and demand for
pharmaceuticals has witnessed elevated graph over the few decades.
Major players in the market are strengthening their capabilities to enhance their product portfolio and
further establish their market place. For instance, on July, 2020, Advert International signed an
agreement for the acquisition of RA Chem Pharma Ltd, an integrated pharmaceutical company by Micro
Labs Ltd. for USD 1.7 billion. Advert International aims for building one of the major API platforms and is
expected to leverage their operational and financial resources across the globe to scale RA Chem
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Pharma.
Active Pharmaceutical Ingredient Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
Web: www.polarismarketresearch.com
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