Synthetic and Biotech APIs Drive USD 371 Billion Market Forecast
The global Active Pharmaceutical Ingredient Market Size was valued at USD 239.45 billion in 2023 and is projected to reach USD 371.06 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.37% during the forecast period from 2024 to 2032. This upward trend is driven by the growing global demand for pharmaceuticals, the rise in chronic disease prevalence, and continued...
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