Europe Active Pharmaceutical Ingredients Market Outlook, 2027
An active pharmaceutical ingredient is a component of a drug product such as tablet, capsules, cream, and injection. Shortage of ibuprofen formulations have seen fall in sales in the active pharmaceutical ingredients market. Supplies of active pharmaceutical ingredient get inspected by their local government. The drug manufacture can sell their medicament under they want with any name but the necessary is to put the active pharmaceutical ingredients name under the brand name. For example Ramipril (to control hypertension) is sale as Ramipril that active pharmaceutical ingredients cannot be bought under another name. The term non-proprietary product which is lacking in proprietary value, not private or privileged information which is distributed without brand name is called non-proprietary drugs i.e public domain Such as Viagra and basically generic drugs which is cheap in cost rather than brand name. And the proprietary products are designed, created, maintained and controlled by the licence agreement related to ownership. Proprietary drugs are all patented drugs. One of the main difference between the generic drugs and brand drugs is the cost difference around 20% to 80% lesser than the brand drugs. Generic manufactures compete directly on drug price as a result lower price of consumers. Label of the drug indicate the active ingredient.
There is no policy of the government to promote the generic drugs. Years ago government made it mandatory that all medical practitioner must be prescribe drugs only in their brand name and this policies still continues. In September2015 shops under the Jan Aushadhi scheme was started, only generic drugs are selling. The competition commission of India (CCI) has concern on the high trade margin for a policy prescription on generic drugs. Name of generic drugs amlodipine besylate, dextroamphetamine sulphate tablet etc. and generics generate more profitable in an Active pharmaceutical ingredients market other than the branded drugs.
According to the report titled ""Europe Active Pharmaceutical Ingredients Market Outlook, 2027"", published by Bonafide Research, the global active pharmaceutical ingredients market size was valued at USD 46.03 Billion in 2020 and is expected to expand at a CAGR more than 6.92% from 2021 to 2027.
Under The Europe, countries are segmented into six countries including Germany, UK, France, Italy, Spain and Russia. Germany is the very dominating country in the Europe region and active pharmaceutical ingredients market to estimate the growth from more than 7.36% during the forecast period with a CAGR 7.36%.
Based on the therapeutic type comes under oncology, cardiovascular, diabetes , pain management and communicable diseases cardiovascular disease is more dominant more than 21.23% because the changing lifestyles changes in dietary , increases cholesterol responsible for the heart failure , stroke etc.
Based on synthesis biotech Active pharmaceuticals ingredients increases due to increasing in the demand of antibody conjugates and expand the biotechnology, during the forecast period biotech is rises of more than 35.35%.
Impacted of COVID-19
Corona virus is a contagious disease that is caused by the virus .it is a severe acute respiratory syndrome.it is transmitted by the droplets of the contaminated persons, transmissions can also occur if the splashed or spray with the contaminated mouth, eyes and nose. During the covid-19 taking various preventive majors like wear mask, maintain social and physical distancing to avoid larger crowds and sanitisation, working from home, closing schools or switching online classes, etc. this pandemic disrupted the delivery of medicines and health products worldwide, particularly in low and middle income countries and exposed critical gaps in health systems. As attempts to control the pandemic gathered pace, governments and industry faced new access-to-medicine challenges, developing new products for COVID-19 patients and getting them to all corners of the world at unprecedented speed. Further action is required to curb this pandemic and prepare for the future by building strong also responsive health systems.
Major Companies present in the market:
Aurobindo Pharma Limited, Cipla Limited, Dr. Reddy’s Laboratories Limited, Lupin Limited, Sun Pharmaceutical Industries Limited, Pfizer Inc., Novartis International AG, Biocon Limited, Sanofi S.A., Teva Pharmaceutical Industries Limited, AbbVie Inc., GlaxoSmithKline plc., Merck & Co., Inc., Viatris Inc., Bristol-Myers Squibb Company
Considered in this report
• Geography: Europe
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Europe Active Pharmaceutical Ingredients Market with its value and forecast along with its segments
• Region & country wise Active Pharmaceutical Ingredients market analysis
• Application wise Active Pharmaceutical Ingredients distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Countries covered in the report
• Germany
• UK
• France
• Italy
• Spain
• Russia
Based on synthesis of Active Pharmaceutical Ingredients in the report:
• Synthetic APIs
• Biotech APIs
Based on drug type of Active Pharmaceutical Ingredients in the report:
• Branded APIs
• Generic APIs
Based on type of manufacture of Active Pharmaceutical Ingredients in the report:
• Captive APIs
• Merchant APIs
By Therapeutic Application Type in the report:
• Communicable Diseases
• Oncology
• Diabetes
• Cardiovascular Disease
• Pain management
• Respiratory Diseases
• Other Therapeutic Applications
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to pharmaceutical industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: global Active Pharmaceutical Ingredients market size, Communicable Diseases, Oncology, Diabetes, Cardiovascular Disease, Pain management, Respiratory Diseases, Therapeutic Applications, Orthopedics, Urology, Nephrology, Ophthalmology, Pulmonology, Women’s Health, Gastroenterology, future of pharma industry, Europe, UK, Italy, France, Germany, Russia, Spain.
This report would help you answer the following questions:
1. Which are the applications in the API?
2. How big is the Active Pharmaceutical Ingredients market?
3. Which of the country is the largest producer of API?
4. Where are the Aurobindo pharmaceuticals manufactured?
5. Who is the biggest pharma exporter?
Please get in touch with our sales team to find out more.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook