UAE Active Pharmaceutical Ingredients Market Size & Outlook
UAE active pharmaceutical ingredients market, 2018-2030 (US$M)
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UAE active pharmaceutical ingredients market highlights
- The UAE active pharmaceutical ingredients market generated a revenue of USD 264.9 million in 2023 and is expected to reach USD 404.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, synthetic was the largest revenue generating type of synthesis in 2023.
- Synthetic is the most lucrative type of synthesis segment registering the fastest growth during the forecast period.
Active pharmaceutical ingredients market data book summary
| Market revenue in 2023 | USD 264.9 million |
| Market revenue in 2030 | USD 404.2 million |
| Growth rate | 6.2% (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 |
Other key industry trends
- In terms of revenue, UAE accounted for 0.1% of the global active pharmaceutical ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 126.0 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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UAE 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 70.52% in 2023. Horizon Databook has segmented the UAE active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
Over the years, the UAE has shown development in local manufacturing industry. For instance, in February 2022, UAE signed agreement with India, which is expected to drive the API industry in India. The country is witnessing increased interest from key global companies.
Moreover, key players are focusing on increasing their manufacturing capacity in UAE, due to growing demand for pharmaceuticals. For instance, in June 2022, Bioventure Healthcare expanded its manufacturing production plant by introducing new products.
Reasons to subscribe to UAE active pharmaceutical ingredients market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE 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 UAE active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into UAE active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE active pharmaceutical ingredients market size, by type of synthesis, 2018-2030 (US$M)
UAE Active Pharmaceutical Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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