High Potency Active Pharmaceutical Ingredients Market Size, Share & Trends Analysis Report By Product (Synthetic, Biological), By Manufacturer Type (In-house, Outsourced), By Drug Type (Innovative, Generic), By Therapeutic Applications (Oncology, Hormonal, Glaucoma, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031
The global active pharmaceutical ingredients (API) market size was valued at USD 209.19 million in 2022. It is expected to reach USD 487.01 million by 2031, growing at a CAGR of 6.05% during the forecast period (2023–2031).
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The global active pharmaceutical ingredients CDMO market size was valued at USD 93.42 billion in 2022. It is estimated to reach USD 164.65 billion by 2031, growing at a CAGR of 6.5% during the forecast period (2023–2031).
According to the FDA,
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