The Pharmaceutical Intermediates Global Market Report 2023, provides comprehensive information on the pharmaceutical intermediates market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global pharmaceutical intermediates market size is expected to grow from $29.11 billion in 2022 to $31.33 billion in 2023 at a compound annual growth rate (CAGR) of 7.62%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of pharmaceutical intermediates market is expected to reach $40.15 billion in 2027 at a CAGR of 6.40%.
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Product innovation has emerged as a key trend gaining popularity in the pharmaceutical intermediates market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in December 2020, BASF Pharma Solutions, a Germany-based provider of excipients and innovative solutions for the pharmaceutical industry, launched their new excipient called Soluplus. The U.S. Food and Drug Administration (FDA) accepted Soluplus into the FDA’s Pilot Program for the Review of Innovation and Modernization of Excipients (PRIME). The FDA’s evaluation aims to assess the excipient’s safety, effectiveness, and potential impact on drug development and manufacturing.
The pharmaceutical intermediates market is segmented:
1) By Product: Chemical Intermediate, Bulk Drug Intermediate, Other Products
2) By Category: Branded Drug Intermediate, Generic Drug Intermediate
3) By Application: Analgesics, Anti-Infective Drugs, Cardiovascular Drugs, Oral Antidiabetic Drugs, Antimicrobial Drugs, Other Applications
4) By End-User: Biotech And Pharma Companies, Research Institutions, Other End-Users
North America was the largest region in the pharmaceutical intermediates market in 2022.
The table of contents in TBRC’s pharmaceutical intermediates market report includes:
1. Executive Summary
2. Pharmaceutical Intermediates Market Characteristics
3. Pharmaceutical Intermediates Market Trends And Strategies
4. Pharmaceutical Intermediates Market – Macro Economic Scenario
5. Pharmaceutical Intermediates Market Segmentation
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26. South America Pharmaceutical Intermediates Market
27. Brazil Pharmaceutical Intermediates Market
28. Middle East Pharmaceutical Intermediates Market
29. Africa Pharmaceutical Intermediates Market
30. Pharmaceutical Intermediates Market Competitive Landscape And Company Profiles
Top Major Players:
- BASF SE
- Sanofi SA
- Thermo Fisher Scientific Inc
- Meck KGaA
- Dishman Carbogen Amcis Ltd
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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