Global Active Pharmaceutical Ingredients Market report published by Accurize Market Research forecast that the global market is expected to reach $249 billion by 2025; growing at a CAGR of 6.3% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Rise in number of patients suffering from cancer, massive impact from pharmaceutical industry, increasing adoption of biological and biosimilars, and rising occurrence of cancer to drive the growth of the market

Rise in number of patients suffering from cancer, massive impact from pharmaceutical industry, increasing adoption of biological and biosimilars, and rising occurrence of cancer fuel the demand for the global active pharmaceutical ingredients market. Furthermore, increasing healthcare expenses, growing elderly population forming a huge patient pool, and increasing economies also boost the growth of the market.

Market Segmentation

The global active pharmaceutical ingredients market has been bifurcated on the basis of end use, origin, molecule type and geography. End use segment is further segmented into clinical trial and commercial. Origin segment includes natural and synthetic. Furthermore, Molecule type segment includes small molecules and biologics. By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

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Top players in the market

The key players operational in the market includes Teva Pharmaceutical Industries Inc., Cambrex Corp., Siegfried AG, Cordenpharma International Gmbh, AurobindoPharma, BASF Ag, Dishman Group, Mylan N.V., Albany Molecular Research Inc. (Amri), Hetero, Avid Bioservices Inc., Halo Pharma, Lonza, Sun Pharmaceutical Industries Ltd. and Dr Reddy’s Laboratory among others.