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A more than $100B increase in value since its 2015 valuation
January 17, 2018
By: Betsy Louda
The global Active Pharmaceutical Ingredient (API) market size was valued at $134.2 billion in 2015, and according to Million Insights, it will increase to a value of $239.8B with CAGR of 6.0% by 2025. Million Insights says that overall drivers of this growth include the rising prevalence of chronic diseases, rising demand of efficient and rapid acting drugs, and introduction of innovative drug production facilities. They also broke down the market into segments and further analyzed the...
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