Spain Active Pharmaceutical Ingredients Market Size & Outlook
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Spain active pharmaceutical ingredients market highlights
- The Spain active pharmaceutical ingredients market generated a revenue of USD 4,018.0 million in 2024 and is expected to reach USD 5,376.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.9% 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 4,018.0 million |
| Market revenue in 2030 | USD 5,376.9 million |
| Growth rate | 4.9% (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, Spain accounted for 1.6% 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 Europe, UK active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 15,561.0 million by 2030.
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Active Pharmaceutical Ingredients Market Scope
Active Pharmaceutical Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sandoz Group AG Registered Shares | View profile | 23848 | Forum 1, Novartis Campus, Basel, Switzerland, CH-4056 | https://www.sandoz.com |
| Fresenius Kabi | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | https://www.fresenius-kabi-oncology.com/ |
| Viatris Inc | View profile | 38000 | 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 | https://www.viatris.com |
| Dr. Reddy’s Laboratories | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://www.drreddys.com/ |
| Sun Pharmaceutical Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.sunpharma.com |
| Aurobindo Pharma | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://aurobindo.com |
| Cipla Ltd DR | View profile | 38955 | Ganpatrao Kadam Marg, Cipla House, Peninsula Business Park, Lower Parel, Mumbai, MH, India, 400 013 | https://www.cipla.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Teva Pharmaceutical Industries Ltd | View profile | 37851 | 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 | https://www.tevapharm.com |
Spain 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 74.65% in 2024. Horizon Databook has segmented the Spain active pharmaceutical ingredients market based on biotech, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Spain’s pharmaceutical sector has continued to receive major investments, which is anticipated to positively influence APIs market. In April 2020, AGC Chemicals announced expansion of its production capacity for synthetic APIs.
The active ingredients will lead to the production of 100 million doses, which is expected to enhance revenue generation by the company in the coming years. Moreover, in May 2021, Sandoz invested USD 150 million for expanding production site in Palafolls, Spain.
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Target buyers of Spain 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Spain active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain active pharmaceutical ingredients market size, by type, 2018-2030 (US$M)
Spain Active Pharmaceutical Ingredients Market Outlook Share, 2024 & 2030 (US$M)
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