Global Active Pharmaceutical Ingredient (API) Market Set to Witness High Growth Due to Rising R&D Activities and Increasing Generic Drug Demand
The global Active Pharmaceutical Ingredient (API) market is estimated to be valued at USD 206.0 billion in 2021 and is expected to exhibit a CAGR of 6.8% over the forecast period 2021-2028, according to a new report by Coherent Market Insights. The market is driven by the increasing prevalence of chronic diseases, the growing demand for generic drugs, and the rising investment in research and...
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