Global Active Pharmaceutical Ingredients (API) Market Growth 2023-2029

Global Active Pharmaceutical Ingredients (API) Market Growth 2023-2029

An active ingredient (AI) is the ingredient in a pharmaceutical drug that is biologically active. The similar terms active pharmaceutical ingredient (API) and bulk active are also used in medicine, and the term active substance may be used for natural products. Some medication products may contain more than one active ingredient. The traditional word for the API is pharmacon or pharmakon which originally denoted a magical substance or drug.

LPI (LP Information)' newest research report, the “Active Pharmaceutical Ingredients (API) Industry Forecast” looks at past sales and reviews total world Active Pharmaceutical Ingredients (API) sales in 2022, providing a comprehensive analysis by region and market sector of projected Active Pharmaceutical Ingredients (API) sales for 2023 through 2029. With Active Pharmaceutical Ingredients (API) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Active Pharmaceutical Ingredients (API) industry.

This Insight Report provides a comprehensive analysis of the global Active Pharmaceutical Ingredients (API) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Active Pharmaceutical Ingredients (API) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Active Pharmaceutical Ingredients (API) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Active Pharmaceutical Ingredients (API) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Active Pharmaceutical Ingredients (API).

The global Active Pharmaceutical Ingredients (API) market size is projected to grow from US$ 70520 million in 2022 to US$ 112110 million in 2029; it is expected to grow at a CAGR of 112110 from 2023 to 2029.

India is the largest region of Active Pharmaceutical Ingredients (API), with a market share about 30%. Teva Active Pharmaceutical Industries Limited, DSM, Novartis, Roche and Johnson & Johnson are the top 5 manufacturers of industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Active Pharmaceutical Ingredients (API) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Synthetic APIs

Biotech APIs

Segmentation by application

CNS

Cardiovascular

Genitourinary/Hormonal Drugs

Respiratory

Rheumatology

Diabetes

Oncology

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Teva

Mylan

DSM

Aurobindo Pharma

Aspen

Novartis

BASF

Pfizer

Huahai Pharmaceutical

Hisun Pharmaceutical

Sun Pharmaceutical Industries

Zhejiang Medicine

Dr. Reddy’s Laboratories

Zhejiang NHU

Bayer

NCPC

AbbVie

Shandong Xinhua Pharmaceutical

Northeast Pharm

Harbin Pharmaceutical

LKPC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Active Pharmaceutical Ingredients (API) market?

What factors are driving Active Pharmaceutical Ingredients (API) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Active Pharmaceutical Ingredients (API) market opportunities vary by end market size?

How does Active Pharmaceutical Ingredients (API) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.