Active Pharmaceutical Ingredient Market Expansion Driven by...

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2025-11-11 07:03:56 -

Active Pharmaceutical Ingredient Market Expansion Driven by Outsourcing Trends

The global Active Pharmaceutical Ingredient (API) market is witnessing a transformative phase, driven by escalating demand for high-quality pharmaceutical products, increasing prevalence of chronic diseases, and the rising focus on advanced drug development. The market, which stood at US$ 192.3 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 4.2%, reaching a...

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