Market revenue in 2023 | USD 2,018.2 million |
Market revenue in 2030 | USD 3,122.4 million |
Growth rate | 6.4% (CAGR from 2023 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Synthetic |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Synthetic, Biotech |
Key market players worldwide | Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Teva Pharmaceutical Industries Ltd, Cipla Ltd DR, AbbVie Inc, Aurobindo Pharma, Sandoz Group AG Registered Shares, Viatris Inc, Fresenius Kabi |
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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 70.61% in 2023. Horizon Databook has segmented the Argentina active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
Large number of API manufacturing sites in the country are key drivers of the market. Collaborations between companies such as pharmADN and Libbs Farmaceutica are further propelling market growth. Organizations such as PAHO are displaying increased interest in API market and players.
For instance, in September 2021, Sinergium Biotech was selected by PAHO for production of mRNAbased vaccines. In November 2021, Avicanna Inc. entered into distribution agreement established pharmaceutical companies in Argentina.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Argentina active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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