Pharmaceutical Intermediates Market by Product Type (GMP and Non GMP), by Applications (Antibiotics, Antipyretic analgesics, Vitamins, and Others), and by Distribution Channel (Direct Sales and Distributor): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Global pharmaceutical intermediates market expected to generate revenue of around USD 33,608 million by end of 2024, growing at a CAGR of around 4.0% between 2018 and 2024. One of the factors driving the growth of the pharmaceutical intermediate market over the forecast period is the increased burden of various diseases such as infectious diseases, chronic diseases, and others.

18-Oct-2018 | Number of pages: 110 | Report Code: ZMR-3440 | Report Format : | Status : Published

Analysis

Pharmaceutical intermediates are chemical compounds which form the building blocks of the active pharmaceutical ingredient (API). Pharmaceutical intermediates are produced as a by-product during the production of API. Every reaction in the production process of API gives rise to various different pharmaceutical intermediates. Pharmaceutical intermediates are used in the production of bulk drugs and also for research and development purpose by various pharma and biopharma companies. The rapidly growing pharmaceutical industry coupled with research and development activities will lead to various product launches in the industry over the period. 

One of the major factors driving the growth of pharmaceutical intermediates market over the forecast period is the thriving pharmaceutical industry. Increasing burden of various diseases such as infectious diseases, chronic diseases, and other diseases is projected to result in the rise in the demand for pharmaceuticals, which, in turn, will support the growth of pharmaceutical intermediates market. As per the Centers for Disease Control and Prevention 2017 report, there were around 16.8 million visits to a physician for infectious and parasitic diseases. Moreover, the constant increase in research and development activities by major market players for the development and innovation of various new drugs are also expected to drive the growth of pharmaceutical intermediates market. Large numbers of patents are moving towards expiry which will increase the market for generics and support the growth of pharmaceutical intermediates market. However, the stringent regulatory scenario is expected to inhibit the growth of pharmaceutical intermediates market over the forecast period. 

Global Pharmaceutical Intermediates Market

Pharmaceutical intermediates are classified on the basis of product type, application, and distribution channel. On the basis of product type, pharmaceutical intermediates market is segmented into GMP and non GMP. On the basis of application, pharmaceutical intermediates market is segmented into antibiotics, antipyretic analgesics, vitamins, and others. On the basis of the distribution channel, pharmaceutical intermediates are segmented into direct sales and distributor.

Pharmaceutical intermediates market is regionally segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the pharmaceutical intermediates market over the forecast period. Europe is expected to closely follow North America in terms of revenue. The Asia Pacific is the fastest growing region over the forecast period, owing to the presence of developing economies. The Middle East and Africa market are expected to expand at a considerable rate over the forecast period.

Some of the major market players of pharmaceutical intermediates market are Aceto Corporation, ZCL Chemical Ltd., A.R. Life Sciences Private Limited, Vertellus Holdings LLC, Lianhetech, Dishman Group, Midas Pharma GmbH, Codexis, Chemcon Specialty Chemical Pvt. Ltd., Cycle Pharma Chem, Easter Chemical Corporation, Dextra Laboratories Limited, BASF SE, and Sanofi Winthrop Industries, among others.


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