How big is the Active Pharmaceutical Ingredients Market?

The Active Pharmaceutical Ingredients Market size is expected to reach USD 216.5 billion in 2024 and grow at a CAGR of 7.22% to reach USD 306.90 billion by 2029. Read More

What is the current Active Pharmaceutical Ingredients Market size?

In 2024, the Active Pharmaceutical Ingredients Market size is expected to reach USD 216.5 billion. Read More

Who are the key players in Active Pharmaceutical Ingredients Market?

Teva Pharmaceutical Industries Ltd, Pfizer Inc., Merck KGaA, BASF SE and Viatris, Inc. are the major companies operating in the Active Pharmaceutical Ingredients Market. Read More

Which is the fastest growing region in Active Pharmaceutical Ingredients Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Active Pharmaceutical Ingredients Market?

In 2024, the North America accounts for the largest market share in Active Pharmaceutical Ingredients Market. Read More

What years does this Active Pharmaceutical Ingredients Market cover, and what was the market size in 2023?

In 2023, the Active Pharmaceutical Ingredients Market size was estimated at USD 200.87 billion. The report covers the Active Pharmaceutical Ingredients Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Active Pharmaceutical Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which segment is expected to witness significant growth in the Active Pharmaceutical Ingredients Market?

The oncology segment is expected to witness significant growth in the Active Pharmaceutical Ingredients Market over the forecast period. Read More

What are the major restraints in the Active Pharmaceutical Ingredients Market?

The major restraints in the Active Pharmaceutical Ingredients Market are due to a) Drug price control policies across various countries b) High competition between API manufacturers. Read More

Active Pharmaceutical Ingredients (API) Market Share

Statistics for the 2023 & 2024 Active Pharmaceutical Ingredients (API) market share, created by Mordor Intelligence™ Industry Reports. Active Pharmaceutical Ingredients (API) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Active Pharmaceutical Ingredients (API) Industry

The active pharmaceutical ingredients (API) market is fragmented in nature due to the presence of various companies operating globally as well as regionally. The competitive landscape includes an analysis of a few international active pharmaceutical ingredient companies as well as local companies that hold market shares and are well-known, including Pfizer Inc., BASF SE, Viatris Inc., Merck KGaA, and Teva Pharmaceutical Industries Ltd., among others.