Market revenue in 2023 | USD 5,004.9 million |
Market revenue in 2030 | USD 7,436.2 million |
Growth rate | 5.8% (CAGR from 2023 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Biotech |
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 69.79% in 2023. Horizon Databook has segmented the UK active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
However, in 2019, Cancer Research UK announced biotechnology investment fund of USD 263 million. This can allow companies to focus on development of oncology treatments. These factors indicate improving R&D in the nation, which is likely to boost the demand for biopharmaceutical and pharmaceutical products.
In January 2021, Sanofi announced the name of its API facility in Europe as EUROAPI and further stated that the company will have a broad portfolio of over 200 APIs and will supply to over 80 countries by 2022. These developments are expected to drive growth of Europe APIs market during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into UK active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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