iCrowd Newswire
09 Oct 2019, 13:21 GMT+10
The demand for active pharmaceutical ingredients (APIs) is presently rising across the globe on account of the burgeoning pharmaceutical industry. This growth can primarily be attributed to the increasing expenditure on healthcare facilities, in confluence with the growing investments in the drug development sector. According to the global active pharmaceutical ingredients market reportby IMARC Group, the market reached a value of US$ 176.3 Billion in 2018. Looking forward, the global active pharmaceutical ingredients market size is further projected to reach US$ 247.2 Billion by 2024, at a CAGR of around 5.8% during 2019-2024.
With the growing demand for APIs across the globe, the major top active pharmaceutical ingredients companies are enhancing their manufacturing capabilities as well as engaging in mergers and acquisition activities. In this article, we will be elaborating on some of the major players that are operating in the industry.
1. Pfizer, Inc. 2. Novartis International AG 3. Sanofi 4. Boehringer Ingelheim 5. Bristol-Myers Squibb 6. Teva Pharmaceutical Industries Ltd. 7. Eli Lilly and Company 8. GlaxoSmithKline 9. Merck Co. 10.AbbVie Inc
Source: https://www.imarcgroup.com/top-players-global-active-pharmaceutical-ingredients-market
About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Information:
Contact US
IMARC Group
Email: [email protected]
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Linkedin: https://www.linkedin.com/company/imarc-group
Get a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationMoscow eyes deeper Latin American trade links via the Caribbean nations strategic port of Mariel Russia and Cuba are working to establish...
Mumbai (Maharashtra) [India] June 23 (ANI): Pro Panja League co-founder Parvinn Dabass spoke at the WOW Awards & Convention 2025 (WOW...
HEFEI, June 23 (Xinhua) -- In a significant stride toward practical quantum computing, a Chinese startup has successfully deployed...
New Delhi [India], June 23 (ANI): West Asia expert and veteran journalist Waiel Awwad on Monday emphasised the critical importance...
Imphal (Manipur) [India], June 23 (ANI): Frequent road blockades along National Highways 2 and 37 are crippling Manipur's economy and...
HAIKOU, June 21 (Xinhua) -- For Canadian visitor Stephanie Wing See Yau, the therapy experience at a care center in Bo'ao, a coastal...
WASHINGTON, D.C.: President Donald Trump has granted TikTok another reprieve, extending the deadline for its Chinese parent company,...
In Nepal's latest attempt to silence online speech, police are trying to arrest a well-known journalist who published on his YouTube...
New Delhi [India], June 24 (ANI): Federation of Western India Cine Employees (FWICE) expressed strongest condemnation and outrage against...
Nadia (West Bengal) [India], June 24 (ANI): As Trinamool Congress' candidate Alifa Ahmed swept the recently concluded West Bengal's...
The IDF put foreigners in danger during its bombing campaign, the French foreign minister has said France has accused Israel of endangering...
US President Donald Trump, in a stunning Truth Social post, declared that a complete and total cease-fire had been agreed to in the...