The global active pharmaceutical ingredients (API) market is anticipated to grow with a CAGR of 6.08% over the forecast period, i.e., 2021 - 2030. Factors such as the increasing number of generic drug approvals, followed by the growing demand for generic and biosimilar drugs, and the rising healthcare expenditure are anticipated to drive the growth of the market in the coming years. Moreover, factors such as the rising prevalence of chronic diseases worldwide, which is driving the need amongst the pharmaceutical drug manufacturers to develop advanced medicines to treat these diseases, is also expected to drive the demand for active pharmaceutical ingredients (APIs) in the coming years, and in turn, contribute to the growth of the market. The market is estimated to garner a revenue of near to USD 330 Billion by the end of 2030, up from a revenue of around USD 185 Billion in the year 2020.
The global active pharmaceutical ingredients (API) market is segmented by numerous segments, which include segmentation by type, synthesis type, therapeutic application, business mode, and by region. Based on therapeutic application, the market is segmented into communicable disease, oncology, diabetes, cardiovascular disease, musculoskeletal disorders, respiratory disorders, and other therapeutic applications. The cardiovascular disease segment is anticipated to garner the largest revenue of near to USD 70 Billion by the end of 2030, amongst all the other segments. Moreover, the segment generated a revenue of about USD 40 Billion in the year 2020.
On the basis of regional analysis, the global active pharmaceutical ingredients (API) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America is anticipated to garner the largest revenue of more than USD 125 Billion by the end of 2030 amongst the markets in all the other regions. Moreover, in the year 2020, the market in the region registered a revenue of around USD 70 Billion.
Some of the prominent industry leaders in the global active pharmaceutical ingredients (API) market that are included in our report are: Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Sanofi-aventis Groupe, Boehringer Ingelheim International GmbH, Aurobindo Pharma, Dr. Reddy's Laboratories Ltd., API Corporation, Bristol-Myers Squibb Company, KATSURA CHEMICAL CO., LTD., and others.
Table of Contents
1. Market Definition
- 1.1. Definition
- 1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
- 3.1. Research Process
- 3.2. Primary Research
- 3.3. Secondary Research
4. Executive Summary - Global Active Pharmaceutical Ingredients (API) Market
5. Market Dynamics
- 5.1. Market Drivers
- 5.2. Market Trends
6. Key Market Opportunities
7. Major Roadblocks for the Market Growth
8. Regulatory and Standards Landscape
9. Industry Risk Analysis
10. Pricing Analysis of Active Pharmaceutical Ingredients (API) Market
11. Industry Value Chain Analysis
12. Trade Outlook
- 12.1. Import
- 12.2. Export
13. Impact of COVID-19 on the Active Pharmaceutical Ingredients (API) Market
14. Product Feature Analysis
15. Competitive Positioning
16. Competitive Structure
- 16.1. Market Share Analysis, 2020
- 16.2. Competitive Benchmarking
- 16.3. Company Profiles
- 16.3.1. Pfizer Inc.
- 16.3.2. GlaxoSmithKline plc
- 16.3.3. Novartis AG
- 16.3.4. Sanofi-aventis Groupe
- 16.3.5. Boehringer Ingelheim International GmbH
- 16.3.6. Aurobindo Pharma
- 16.3.7. Dr. Reddy's Laboratories Ltd.
- 16.3.8. API Corporation
- 16.3.9. Bristol-Myers Squibb Company
- 16.3.10. KATSURA CHEMICAL CO., LTD.
17. Global Active Pharmaceutical Ingredients (API) Market Outlook
- 17.1. Market by Value (USD Billion)
- 17.2. Market Segmentation
- 17.2.1. By Type
- 17.2.1.1. Generic, 2020-2030F (USD Billion)
- 17.2.1.2. Innovative, 2020-2030F (USD Billion)
- 17.2.2. By Synthesis Type
- 17.2.2.1. Synthetic, 2020-2030F (USD Billion)
- 17.2.2.2. Biotech, 2020-2030F (USD Billion)
- 17.2.3. By Therapeutic Application
- 17.2.3.1. Communicable Diseases, 2020-2030F (USD Billion)
- 17.2.3.2. Oncology, 2020-2030F (USD Billion)
- 17.2.3.3. Diabetes, 2020-2030F (USD Billion)
- 17.2.3.4. Cardiovascular Disease, 2020-2030F (USD Billion)
- 17.2.3.5. Musculoskeletal Disorders, 2020-2030F (USD Billion)
- 17.2.3.6. Respiratory Diseases, 2020-2030F (USD Billion)
- 17.2.3.7. Other Therapeutic Applications, 2020-2030F (USD Billion)
- 17.2.4. By Business Mode
- 17.2.4.1. Captive, 2020-2030F (USD Billion)
- 17.2.4.2. Merchant, 2020-2030F (USD Billion)
- 17.2.5. By Region
- 17.2.5.1. North America, 2020-2030F (USD Billion)
- 17.2.5.2. Europe, 2020-2030F (USD Billion)
- 17.2.5.3. Asia Pacific, 2020-2030F (USD Billion)
- 17.2.5.4. Latin America, 2020-2030F (USD Billion)
- 17.2.5.5. Middle East & Africa, 2020-2030F (USD Billion)
18. North America Active Pharmaceutical Ingredients (API) Market Outlook
- 18.1. Market by Value (USD Billion)
- 18.2. Market Segmentation
- 18.2.1. By Type
- 18.2.1.1. Generic, 2020-2030F (USD Billion)
- 18.2.1.2. Innovative, 2020-2030F (USD Billion)
- 18.2.2. By Synthesis Type
- 18.2.2.1. Synthetic, 2020-2030F (USD Billion)
- 18.2.2.2. Biotech, 2020-2030F (USD Billion)
- 18.2.3. By Therapeutic Application
- 18.2.3.1. Communicable Diseases, 2020-2030F (USD Billion)
- 18.2.3.2. Oncology, 2020-2030F (USD Billion)
- 18.2.3.3. Diabetes, 2020-2030F (USD Billion)
- 18.2.3.4. Cardiovascular Disease, 2020-2030F (USD Billion)
- 18.2.3.5. Musculoskeletal Disorders, 2020-2030F (USD Billion)
- 18.2.3.6. Respiratory Diseases, 2020-2030F (USD Billion)
- 18.2.3.7. Other Therapeutic Applications, 2020-2030F (USD Billion)
- 18.2.4. By Business Mode
- 18.2.4.1. Captive, 2020-2030F (USD Billion)
- 18.2.4.2. Merchant, 2020-2030F (USD Billion)
- 18.2.5. By Country
- 18.2.5.1. United States, 2020-2030F (USD Billion)
- 18.2.5.2. Canada, 2020-2030F (USD Billion)
19. Europe Active Pharmaceutical Ingredients (API) Market Outlook
- 19.1. Market by Value (USD Billion)
- 19.2. Market Segmentation
- 19.2.1. By Type
- 19.2.2. By Synthesis Type
- 19.2.3. By Therapeutic Application
- 19.2.4. By Business Mode
- 19.2.5. By Country
- 19.2.5.1. United Kingdom, 2020-2030F (USD Billion)
- 19.2.5.2. Germany, 2020-2030F (USD Billion)
- 19.2.5.3. Italy, 2020-2030F (USD Billion)
- 19.2.5.4. France, 2020-2030F (USD Billion)
- 19.2.5.5. Spain, 2020-2030F (USD Billion)
- 19.2.5.6. Russia, 2020-2030F (USD Billion)
- 19.2.5.7. Netherlands, 2020-2030F (USD Billion)
- 19.2.5.8. Rest of Europe, 2020-2030F (USD Billion)
20. Asia Pacific Active Pharmaceutical Ingredients (API) Market Outlook
- 20.1. Market by Value (USD Billion)
- 20.2. Market Segmentation
- 20.2.1. By Type
- 20.2.2. By Synthesis Type
- 20.2.3. By Therapeutic Application
- 20.2.4. By Business Mode
- 20.2.5. By Country
- 20.2.5.1. Japan, 2020-2030F (USD Billion)
- 20.2.5.2. Australia, 2020-2030F (USD Billion)
- 20.2.5.3. Singapore, 2020-2030F (USD Billion)
- 20.2.5.4. South Korea, 2020-2030F (USD Billion)
- 20.2.5.5. India, 2020-2030F (USD Billion)
- 20.2.5.6. China, 2020-2030F (USD Billion)
- 20.2.5.7. Rest of Asia Pacific, 2020-2030F (USD Billion)
21. Latin America Active Pharmaceutical Ingredients (API) Market Outlook
- 21.1. Market by Value (USD Billion)
- 21.2. Market Segmentation
- 21.2.1. By Type
- 21.2.2. By Synthesis Type
- 21.2.3. By Therapeutic Application
- 21.2.4. By Business Mode
- 21.2.5. By Country
- 21.2.5.1. Brazil, 2020-2030F (USD Billion)
- 21.2.5.2. Argentina, 2020-2030F (USD Billion)
- 21.2.5.3. Mexico, 2020-2030F (USD Billion)
- 21.2.5.4. Rest of Latin America, 2020-2030F (USD Billion)
22. Middle East & Africa Active Pharmaceutical Ingredients (API) Market Outlook
- 22.1. Market by Value (USD Billion)
- 22.2. Market Segmentation
- 22.2.1. By Type
- 22.2.2. By Synthesis Type
- 22.2.3. By Therapeutic Application
- 22.2.4. By Business Mode
- 22.2.5. By Country
- 22.2.5.1. GCC, 2020-2030F (USD Billion)
- 22.2.5.2. Israel, 2020-2030F (USD Billion)
- 22.2.5.3. South Africa, 2020-2030F (USD Billion)
- 22.2.5.4. Rest of Middle East & Africa, 2020-2030F (USD Billion)