Active Pharmaceutical Ingredients and High Potency API Industry Growth Forecasts - A USD 393.65 Billion By 2030
Active Pharmaceutical Ingredients and High Potency API Industry Data Book Covers Active Pharmaceutical Ingredients and High Potency Active Pharmaceutical Ingredients Markets. The global API and HPAPI markets combine to account for USD 233.31 billion revenue in 2021, which is expected to reach USD 393.65 billion by 2030, growing at a cumulative rate of 6.0% over the forecast period. Active Pharmaceutical Ingredients Market Report Highlights The global active pharmaceutical ingredients market size was valued at USD 222.4 billion in 2022, and it is expected to reach USD 352.98 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.0% during the forecast period. Innovative APIs held the largest share of 47.07% in 2022, owing to increasing research and development activities for novel drug development and positive government initiatives The cardiovascular disease segment held the largest revenue share of 21.54% in 2022, attributed to the rising prevalence...