PUBLISHER: TechNavio | PRODUCT CODE: 1732666
PUBLISHER: TechNavio | PRODUCT CODE: 1732666
The active pharmaceutical ingredient (API) market in us is forecasted to grow by USD 25,456.1 mn during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the active pharmaceutical ingredient (API) market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of type ii drug master files (DMF), growing prevalence of chronic conditions, and increasing demand for biopharmaceuticals and biosimilars.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8% |
CAGR | 9% |
Incremental Value | $25,456.1 mn |
Technavio's active pharmaceutical ingredient (API) market in us is segmented as below:
By Type
By Product
By Application
This study identifies the paradigm shift in api manufacturing as one of the prime reasons driving the active pharmaceutical ingredient (API) market in us growth during the next few years. Also, increasing patent exercises and growing focus on production of high-value apis will lead to sizable demand in the market.
The report on the active pharmaceutical ingredient (API) market in us covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading active pharmaceutical ingredient (API) market in us vendors that include AbbVie Inc., Amneal Pharmaceuticals Inc., Apotex Inc., Aurobindo Pharma Ltd., Bristol Myers Squibb Co., Cadila Pharmaceuticals Ltd., Cambrex Corp., Cipla Inc., Dr Reddys Laboratories Ltd., DSM-Firmenich AG, GlaxoSmithKline Plc, Lupin Ltd., Merck KGaA, Novartis AG, Pfizer Inc., Sanofi SA, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Thermo Fisher Scientific Inc., and Viatris Inc.. Also, the active pharmaceutical ingredient (API) market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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