Pharmaceutical Intermediates Market Size, Share, Growth Report 2032

The global Pharmaceutical Intermediates Marketaccrued earnings worth approximately 28,117 (USD Million) in 2020and is predicted to gain revenue of about 39,779 (USD Million) by2028, is set to record a CAGR of nearly 4.1% over the period from2021 to 2028. The report offers assessment and analysis of thePharmaceutical Intermediates Market on a globaland regional level. The study offers a comprehensive assessment ofthe market competition, constraints, revenue estimates,opportunities, evolving trends, and industry-validated data. Thereport provides historical data from 2018 to 2020 along with aforecast from 2021 to 2028 based on revenue (USD Million).

Pharmaceutical Intermediates Market:Overview

Pharmaceutical Intermediates are utilized as raw componentsduring bulk drug production. Moreover, they are chemical compoundsthat form building blocks of active pharmaceutical ingredient(API). These products are produced as by-products while producingAPI. Nonetheless, bio-pharma and pharma firms are focusing onimproving their product reach in various countries across globe.These firms are trying to increase production capacities indifferent parts of globe.

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Pharmaceutical Intermediates Market: GrowthDrivers

Rise in occurrence of chronic disorders such as diabetes, heartailments, and kidney-related problems will drive market trends. Asper WHO, persons above sixty years of age is projected to surpass 2billion by 2050. Reportedly, WHO has also claimed diabetes to bemajor cause of heart attack, kidney failure, and stoke. In additionto this, prominently surging geriatric population will embellishgrowth of Pharmaceutical Intermediates Market over anticipatedtimeline. Apparently, use of new technologies including highthroughput, combinatorial chemistry, and bio-informatics will propup expansion of Pharmaceutical Intermediates industry over forecasttimespan. Growing reach of various pharma players in emergingeconomies will pave way for expansion of PharmaceuticalIntermediates market over assessment timeline.

Report Scope:

Furthermore, wide use of Pharmaceutical Intermediates Market indomain of clinical research will prompt business expansion inupcoming years. In addition to this, outbreak of COVID-19 pandemichas encouraged players in biotech and pharmaceutical sectors tofocus on drug production activities, thereby enlarging scope ofPharmaceutical Intermediates industry over assessment period.

Regional Landscape

North America To Dominate Overall Market Growth By2028

Expansion of Pharmaceutical Intermediates Market in NorthAmerica over assessment period is due to surge in research &development activities in countries such as Canada and the U.S.Apart from this, surge in occurrence of myriad chronic conditionswill further contribute towards regional market proceeds overupcoming years. For the record, heart disorder causes nearly 8 lacdeaths in the U.S.

Competitive Landscape

Key participants leveraging growth of PharmaceuticalIntermediates Market and profiled in study include Codexis, Inc.,Midas Pharma GmbH, Cycle Pharma, Dextra Laboratories Ltd., BASF SE,Chemcon Specialty Chemicals Pvt. Ltd, A.R. Life Sciences PrivateLimited, Dishman Group, Sanofi Winthrop Industrie S.A., ZCLChemicals Ltd., Vertellus Holdings LLC, Aceto Corporation,Lianhetech, and Easter Chemical Corporation.      

The global Pharmaceutical Intermediates Market is segmented asfollows:

By Application

• Antibiotics
• Vitamins
• Antipyretic Analgesics

By Distribution Channel

• Direct Sales
• Distributor

By Product Type

• GMP
• Non-GMP

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa