Market revenue in 2023 | USD 1,554.1 million |
Market revenue in 2030 | USD 2,407.2 million |
Growth rate | 6.5% (CAGR from 2023 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Biotech |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Synthetic, Biotech |
Key market players worldwide | Basf SE, CordenPharma, Bristol-Myers Squibb Co, Pfizer Inc, Boehringer Ingelheim Pharma, Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Albany Molecular Research, Sanofi SA, Lonza Group Ltd, Cipla Ltd DR, Merck & Co Inc, Teva Pharmaceutical Industries Ltd, Novartis AG ADR, Roche Holding AG |
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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 high potency active pharmaceutical ingredients market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 72.83% in 2023. Horizon Databook has segmented the Latin America high potency active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America region includes rapidly evolving economies with presence of countries such as Brazil and Mexico. Increasing R&D activities coupled with rapid technological advancements in the region is anticipated to fuel the market growth.
Rising government spending, growing investments by major pharmaceutical and biopharmaceutical companies, and presence of major academic research institutes are among factors aiding in market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America high potency active pharmaceutical ingredients market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America high potency active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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