Active Pharmaceutical Ingredients Market Will Accelerate at a CAGR of over 7.2% through 2022-2032
The global market report covering active pharmaceutical ingredients was worth 210.42 billion by 2021. It is projected to grow at a 7.2% CAGR between 2022- 2032. Globally, COVID-19's impact has been extraordinary and overwhelming. All regions of the pandemic have experienced a negative demand shock. According to our analysis, the global pharmaceutical market saw a massive decline of -6.9% during 2020. The market's recovery to pre-pandemic demand levels and growth after the pandemic has led to a sudden rise in the CAGR. Any drug to achieve its intended effects will contain an Active Pharmaceutical Ingredient. These ingredients are also called…
- Date: September 13, 2022
- Author: Eduardo Crum
- Category: Taiwan News