Global Active Pharmaceutical Ingredients Market Size & Outlook

The active pharmaceutical ingredients industry worldwide is expected to reach a projected revenue of US$ 352,984.8 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide active pharmaceutical ingredients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$237,467.0
Forecast, 2030 (US$M)
$352,984.8
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide

Global active pharmaceutical ingredients market, 2018-2030 (US$M)

Related Markets

Global active pharmaceutical ingredients market highlights

  • The global active pharmaceutical ingredients market generated a revenue of USD 237,467.0 million in 2023 and is expected to reach USD 352,984.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
  • In terms of segment, synthetic accounted for a revenue of USD 167,806.5 million in 2023.
  • Biotech is the most lucrative type of synthesis segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 237,467.0 million
Market revenue in 2030USD 352,984.8 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentSynthetic
Fastest growing segmentBiotech
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSynthetic, Biotech

Other key industry trends

  • In terms of revenue, the North America accounted for 38.3% of the global active pharmaceutical ingredients market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 114,904.9 million by 2030.

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Active Pharmaceutical Ingredients Market Companies

Name Profile # Employees HQ Website

Global active pharmaceutical ingredients market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to active pharmaceutical ingredients market will help companies and investors design strategic landscapes.


Synthetic was the largest segment with a revenue share of 70.67% in 2023. Horizon Databook has segmented the Global active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Active Pharmaceutical Ingredients Type of Synthesis Outlook (Revenue, USD Million, 2018-2030)
    • Synthetic
    • Biotech
      • Monoclonal Antibodies
      • Recombinant Proteins
      • Vaccines
      • Hormones
      • Cytokines
      • Therapeutic Enzymes
      • Blood Factors
  • Global Active Pharmaceutical Ingredients Type of Manufacturer Outlook (Revenue, USD Million, 2018-2030)
    • Captive APIs
    • Merchant APIs
      • Biotech Merchant APIs
      • Synthetic Merchant APIs
  • Global Active Pharmaceutical Ingredients Type Outlook (Revenue, USD Million, 2018-2030)
    • Generic APIs
    • Innovative APIs
  • Global Active Pharmaceutical Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
    • Cardiovascular Diseases
    • Oncology
    • CNS and Neurology
    • Orthopedic
    • Endocrinology
    • Pulmonology
    • Gastroenterology
    • Nephrology
    • Ophthalmology
    • Others
  • Global Active Pharmaceutical Ingredients Type of Drug Outlook (Revenue, USD Million, 2018-2030)
    • Prescription
    • OTC

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Target buyers of Global active pharmaceutical ingredients market databook

  • Our clientele includes a mix of active pharmaceutical ingredients market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global active pharmaceutical ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global active pharmaceutical ingredients market size, by regions, 2018-2030 (US$M)

Top 10 countries: Active pharmaceutical ingredients market size, 2023 (US$M)

Global active pharmaceutical ingredients market share, by type of synthesis, 2023 & 2030 (%, US$M)

Active pharmaceutical ingredients market: Opportunity assessment by country

Global active pharmaceutical ingredients market, by region, 2023 (US$M)

Global active pharmaceutical ingredients market size, by regions, 2018-2030 (US$M)

Type of Synthesis 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 71,814.5 75,043.4 77,928.5 81,837.6 85,918.1 90,877.6 95,627.8 100,356.5 105,199.8 110,521.9 116,200.7 121,700.3 125,837.2 4.8%
Europe 35,397.4 37,216.3 38,297.9 40,465.2 42,636.2 45,479.7 48,169.3 50,958.6 53,952.7 57,131.6 60,599.4 64,018.2 66,706.9 5.6%
Asia Pacific 54,072.1 57,792.9 62,709.8 67,363.7 72,592.3 78,296.2 84,239.6 90,209.9 96,709.1 103,683.7 111,243.6 118,720.7 125,445.4 7.0%
Latin America 12,097.0 12,825.1 13,520.2 14,378.4 15,279.5 16,376.4 17,456.3 18,575.0 19,796.8 21,180.7 22,594.1 24,022.1 25,223.1 6.4%
MEA 4,756.3 5,036.1 5,335.3 5,666.2 6,019.0 6,437.1 6,851.9 7,277.3 7,760.6 8,216.1 8,776.7 9,321.8 9,772.2 6.2%
Overall 178,137.2 187,913.7 197,791.6 209,711.1 222,445.0 237,467.0 252,344.8 267,377.4 283,419.0 300,733.9 319,414.5 337,783.0 352,984.8 5.8%

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