Market revenue in 2023 | USD 505.9 million |
Market revenue in 2030 | USD 774.9 million |
Growth rate | 6.3% (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 70.59% in 2023. Horizon Databook has segmented the Egypt active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
Changes in import, export, and supply chain of APIs due to decline in Egyptian pound and foreign currency crunch are expected to impact the active pharmaceutical ingredient market in Egypt. Demand for API in the country to produce generic drugs is high, as a majority of low- and middle-income people in the country cannot afford branded drugs.
A number of collaborations, such as the Indo-Egyptian joint venture, are expected to localize the production of APIs in Egypt. These factors have been considered while estimating and forecasting the Egyptian market. In September 2022, EPICO expanded its new pharmaceutical manufacturing facility in Egypt, which is expected to boost local production.
Horizon Databook provides a detailed overview of country-level data and insights on the Egypt active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Egypt active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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