Global Active Pharmaceutical Ingredient Market Will Reach Usd 213.84 Billion in 2021: Zion Market Research

Published By:Zion Market Research

Global Active Pharmaceutical Ingredients market - Industry
Analysis, Size, Share, Trends, Segment and Forecast 20152021

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Active pharmaceutical ingredient Market

Zion Research has published a new report titled “Active Pharmaceutical Ingredients Market by
API Synthesis (Biotech API, Synthetic Chemical API, and HPAPI), by Type of Manufacturing
(Contract Manufacturing and In-House API Manufacturing), by Type of API (Synthetic API and
Biological API), by Drug Type (Branded Drugs, Generic Drugs and OTC Drugs), for Cardiology,
Oncology, Anti-Inflammatory, Gastrointestinal and Other Application - Global Industry
Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report,
global demand for active pharmaceutical ingredient market was valued at USD 148.22 billion in
2015, is expected to reach USD 213.84 billion in 2021 and is anticipated to grow at a CAGR of
6.3% between 2016 and 2021.
APIs are frequently referred as "bulk pharmaceuticals”. Active pharmaceutical ingredient is a
biologically active portion of any pharmaceutical drug. Occasionally, API needs cofactor in order
to attain specific effects on body. Some active pharmaceutical ingredients are unidentified and
therefore need additional substances, which can work in combination with the API to generate

Active pharmaceutical ingredient Market
the required medicinal effect on body. In herbal medicines, the API is generally a mixture of
various substances, which act collectively on the body.
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The market for API is expected to have the highest growth rate in the forecast period. Increasing
prevalence of diabetes,...