The global Active Pharmaceutical Ingredient (API) Market, valued at USD 239.45 billion in 2023, is set for substantial growth and is projected to reach USD 371.06 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.37% over the forecast period 2024-2032. This rapid market expansion is driven by increasing demand for effective drugs, rising incidences of chronic diseases,...
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