Argentina Active Pharmaceutical Ingredients Market Size & Outlook
Argentina active pharmaceutical ingredients market, 2018-2030 (US$M)
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Argentina active pharmaceutical ingredients market highlights
- The Argentina active pharmaceutical ingredients market generated a revenue of USD 2,927.0 million in 2024 and is expected to reach USD 4,372.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, synthetic was the largest revenue generating type in 2024.
- Biotech is the most lucrative type segment registering the fastest growth during the forecast period.
Active pharmaceutical ingredients market data book summary
| Market revenue in 2024 | USD 2,927.0 million |
| Market revenue in 2030 | USD 4,372.2 million |
| Growth rate | 6.9% (CAGR from 2025 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Biotech |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biotech, Synthetic |
| 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 |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global active pharmaceutical ingredients market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 4,372.2 million by 2030.
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Active Pharmaceutical Ingredients Market Scope
Active Pharmaceutical Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 75.79% in 2024. Horizon Databook has segmented the Argentina active pharmaceutical ingredients market based on biotech, synthetic 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.
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Target buyers of Argentina active pharmaceutical ingredients market databook
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Our clientele includes a mix of active pharmaceutical ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 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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Argentina active pharmaceutical ingredients market size, by type, 2018-2030 (US$M)
Argentina Active Pharmaceutical Ingredients Market Outlook Share, 2024 & 2030 (US$M)
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