Active Pharmaceutical Ingredients Market - Global Forecast to 2026, by API (Branded/ Innovative and Generic), by Type of Synthesis (Synthetic and Biotech), by Application (Diabetes, Oncology, Cardiovascular, CNS, Analgesics, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018-2026
- Report code : CMI6738 |
- Industry :
Pharmaceutical
- Published On : Apr 2019 |
- Pages : 178 Pages |
- Format :
Global Active Pharmaceutical Ingredients Market
API is a main ingredient, which helps to cure a disease or disorder. APIs provide health benefits and are used in disease diagnosis, prevention, and treatment. APIs cannot be used in the raw form, as it is the crude form of drug, which will not meet the appropriate pharmacodynamics and pharmacokinetics parameters. Certain drugs such as combination therapies have numerous active ingredients, which treats different symptoms or act in different ways. Manufacturers use different standards to determine the strength of an API. However, the standard differs from one brand to another, as per the company choice.
The global active pharmaceutical ingredients market size was valued at US$ 153.4 billion in 2017 and is expected to exhibit a CAGR of 6.8% over the forecast period (2018 – 2026).
Figure 1. Global Active Pharmaceutical Ingredients Market Value (US$ Bn), by Region, 2018
Source: Coherent Market Insights Analysis (2019)
Increasing prevalence of chronic diseases to propel the active pharmaceutical ingredients market growth
Increasing prevalence of chronic diseases is expected to increase the demand for drugs, which in turn is expected to fuel the active pharmaceutical ingredients market growth in the near future. According to the World Health Organization (WHO), mortality and global health estimates of 2015, ischemic heart disease, stroke, chronic obstructive lung disease, and lower respiratory infections have been the cause for maximum number of deaths during the past decade. Moreover, diabetes caused 1.6 million (2.8%) deaths in 2015, from 1.0 million (1.8%) deaths in 2000. Deaths due to dementia doubled between 2000 and 2015, making it the 7th leading cause of global deaths in 2015.
According to Non-Communicable Disease fact sheet 2017 by World Health Organization (WHO), non-communicable disease accounts for 70% of all deaths globally. Each year, 15 million people between the age range of 30 and 69 years die from a non-communicable disease (NCD), wherein over 80% of these premature deaths occur in low- and average-income countries.
Cardiovascular diseases account for most of the NCD deaths, with 17.7 million deaths annually, followed by cancers (8.8 million), respiratory diseases (3.9million), and diabetes (1.6 million) contributing to over 80% of all premature NCD deaths, as per World Health Organization (WHO).
Changing lifestyles and unhealthy diet patterns, which include consumption of junk food, tobacco, and alcohol are some of the factors making future generation more prone to diseases due to a weak immune system. Therefore, increasing prevalence of non-communicable diseases is expected to increase the demand for drugs, which in turn is expected to drive growth of the active pharmaceutical ingredients market in the near future.
Figure 2. Global Active Pharmaceutical Ingredients Market Share (%), by API, 2018 and 2026
Source: Coherent Market Insights Analysis (2019)
Geographical expansion of API manufacturers towards Asia to bolster the market growth
Several active pharmaceutical ingredients manufacturers are expanding their presence across the globe. The active pharmaceutical ingredients (API) manufacturers are establishing their commercial production units in Asia to remain competitive and gain advantage over other competitors. For instance, BASF is planning to build a new specialty amines plant at its existing site in Nanjing Chemical Industry Park, China. This new multi-product plant will be able to manufacture 21,000 metric tons of amines per year and it extends BASF’s amines portfolio at the specialty amines complex in Nanjing. The plant is scheduled to stream by 2019.
Moreover, in April 2018, STA Pharmaceutical, a subsidiary of WuXi AppTec, signed an investment agreement with the government of Shanghai to build a new research & development (R&D) center for APIs and intermediates located next to the company’s existing Jinshan drug-substance manufacturing site. The company will add over 30,000 square meters of laboratory space and 500 scientists.
Furthermore, in October 2017, a small active pharmaceutical ingredients manufacturer Alcami, opened an office in Tokyo, Japan, as part of its effort to expand drug development and manufacturing in Japan.
Key Players
Major players operating in the global active pharmaceutical ingredients market include Teva Pharmaceutical Industries Ltd., Pfizer, Inc., BASF SE, Dr. Reddy’s Laboratories Ltd., Novartis AG, Mylan N.V., Sanofi S.A., and Lonza.
Active Pharmaceutical Ingredients (API) are active constituents used in the manufacturing of pharmaceutical formulations and have pharmacological and therapeutic effects on the body. Since APIs cannot be used in the raw form, they are combined with the suitable excipients, which are pharmacologically and therapeutically inactive but enhance its stability and activities.
Market Dynamics
Increasing prevalence of chronic diseases, geographical expansion of active pharmaceutical ingredient manufacturers in Asia, and increasing investment in research and development by manufacturers are some of the major factors that are expected to drive the market growth. Furthermore, increasing production of generic drugs is in turn driving growth of global active pharmaceutical ingredients market. For instance, according to the Indian Brand Equity Foundation (IBEF), in 2018, India was the largest producer of generic medicines, which supplied 50% of vaccines and 40% of drugs to the U.S. and 25% of drugs to the U.K. However, unfavorable drug price control policies across various countries is expected to negatively affect growth of the market.
Key features of the study:
- This report provides in-depth analysis of the active pharmaceutical ingredients market and provides market size (US$ Bn) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global active pharmaceutical ingredients market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Teva Pharmaceutical Industries Ltd., Pfizer, Inc., BASF SE, Dr. Reddy’s Laboratories Ltd., Novartis AG, Mylan N.V., Sanofi S.A., and Lonza
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global active pharmaceutical ingredients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the active pharmaceutical ingredients market
Detailed Segmentation:
- Global Active Pharmaceutical Ingredients Market, By API:
- Branded/ Innovative
- Generic
- Global Active Pharmaceutical Ingredients Market, By Type of Synthesis:
- Synthetic
- Biotech
- Global Active Pharmaceutical Ingredients Market, By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- Global Active Pharmaceutical Ingredients Market, By Region:
- North America
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- U.S.
- Canada
- Latin America
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By API:
- Branded/ Innovative
- Generic
- By Type of Synthesis:
- Synthetic
- Biotech
- By Application:
- Diabetes
- Oncology
- Cardiovascular
- CNS
- Analgesics
- Others
- By Country:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Teva Pharmaceutical Industries Ltd.*
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Pfizer, Inc.
- BASF SE
- Dr. Reddy’s Laboratories Ltd.
- Novartis AG
- Mylan N.V.
- Sanofi S.A.
- Lonza
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By API
- Market Snippet, By Type of Synthesis
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- PEST Analysis
- Mergers and Acquisitions
- API Patent Expiration
- Regulatory Scenario
- Pipeline Analysis
- Global Active Pharmaceutical Ingredients Market, By API, 2018 – 2026, (US$ Bn)
- Introduction
- Market Share Analysis, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Branded/ Innovative
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Generic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Global Active Pharmaceutical Ingredients Market, By Type of Synthesis, 2018 – 2026, (US$ Bn)
- Introduction
- Market Share Analysis, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Synthetic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Biotech
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Global Active Pharmaceutical Ingredients Market, By Application, 2018 – 2026, (US$ Bn)
- Introduction
- Market Share Analysis, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Oncology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Cardiovascular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- CNS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Analgesics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Bn)
- Global Active Pharmaceutical Ingredients Market, By Region, 2018 – 2026, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Bn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Bn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Bn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By API, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Type of Synthesis, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Application, 2016 – 2026, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2016 – 2026, (US$ Bn)
- South Africa
- Central Africa
- North Africa
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Company Profiles
- Teva Pharmaceutical Industries Ltd.*
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Pfizer, Inc.
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- BASF SE
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Dr. Reddy’s Laboratories Ltd
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Novartis AG
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Mylan N.V.
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Sanofi S.A.
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Lonza
- Company Overview
- API Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
*Browse 32 market data tables and 20 figures on "Active Pharmaceutical Ingredients Market - Global forecast to 2026”.
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