23-Nov-2021 | Zion Market Research
As per the findings of Zion Market Research study, Pharmaceutical Intermediates industry accumulated revenue of about US$ 28,117 million in 2020 and is anticipated to earn proceeds of approximately US$ 39,779 million by 2028. In addition to this, Pharmaceutical Intermediates market is expected to record highest gains of nearly about 4.1% in 2021-2028. Growth of pharmaceutical intermediates market over forecast period is owing to rise in use of product in cosmetic and pharmaceutical sectors. With myriad small & medium-scale firms focusing on increasing their production, the market for pharmaceutical intermediates is slated to expand leaps & bounds in upcoming years. Rise in demand for generic medicines will create lucrative growth avenues for pharmaceutical intermediates industry in ensuing years. Breakthroughs in biotechnology and life sciences have facilitated research activities in field of drug development, thereby charting a profitable roadmap for pharmaceutical intermediates market.
Antipyretic Analgesics Segment To Dominate Application Landscape By 2028
Growth of Antipyretic Analgesics segment over assessment period is subject to rise in use of antipyretic analgesics for offering relief to patients from severe pain. Surge in cases of chronic diseases including cardiovascular disorders, cancer, and arthritis will further contribute towards segmental growth over projected timeframe.
Distributor Segment To Contribute Majorly Towards Pharmaceutical Intermediates Market Share By 2028
The expansion of distributor segment over anticipated timespan can be due to rise in distribution of pharmaceutical intermediates through medical distributors as well as medical suppliers. Apart from this, some of reputed pharmaceutical firms try to occupy more shelf space and offer incentives to distributors, thereby driving segmental growth.
North America To Contribute Majorly Towards Market Size By 2028
Growth of regional market over assessment period can be credited to rise in occurrence of chronic diseases in the countries such as the U.S. Rise in heart disorders due to hectic and stressful work schedule will proliferate regional market surge. Apart from this, humungous presence of giant pharma manufacturers in the sub-continent will contribute massively towards pharmaceutical intermediates industry proceeds over assessment period.
Key players influencing business landscape and profiled in report are Codexis, Inc., Vertellus Holdings LLC, Midas Pharma GmbH, Aceto Corporation, Cycle Pharma, Dextra Laboratories Ltd., BASF SE, Chemcon Specialty Chemicals Pvt. Ltd, A.R. Life Sciences Private Limited, Dishman Group, Sanofi Winthrop Industrie S.A., ZCL Chemicals Ltd., Lianhetech, and Easter Chemical Corporation.
Browse the full “Pharmaceutical Intermediates Market - By Application (Antibiotics, Antipyretic Analgesics, And Vitamins), By Product Type (GMP And Non-GMP), By Distribution Channel (Direct Sales And Distributor), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/pharmaceutical-intermediates-market
The global Pharmaceutical Intermediates Market is segmented as follows:
By Distribution Channel
By Product Type
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