Active Pharmaceutical Ingredients Market 2018: Key Players Bioniche Animal Health, Boehringer Ingelheim , Sun Pharmaceutical Industries Ltd., Among Other
According to Research for Markets, the Global Active Pharmaceutical Ingredients market is expected to grow from $129.12 billion in 2015 to reach $198.8 billion by 2022 with a CAGR of 6.4%. Patent expiration of prominent drugs, government initiatives, regional penetration and increasing aged population are some of the factors that are driving the market growth. Strict validation and safety guidelines stated by WHO and fragmented market are the factors that are hampering the API market growth.
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