El nuevo informe de Informes de Expertos titulado ‘Mercado Latinoamericano de Ingredientes Farmacéuticos Activos, Informe y Pronóstico 2023-2028′, ofrece un análisis profundo del mercado, evaluándolo por el tipo de medicamente, el tipo de fabricante, la síntesis, el área terapéutica y las regiones. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.
The new report by Informes de Expertos titled, ‘Latin America Active Pharmaceutical Ingredients Market Report and Forecast 2023-2028’, gives an in-depth analysis of the market, assessing it on the basis of drug type, manufacturer type, synthesis, therapeutic area and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
- Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 6.86%
Active Pharmaceutical Ingredients (APIs) market is growing at a normal pace in Latin America. The increasing prevalence of chronic diseases and the rising aging population are driving the growth of the market. Moreover, increasing patent expirations further generate demand for generic APIs, which, in turn contributes to the overall growth of active pharmaceutical ingredients (APIs) in the region.
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Additionally, rising number of illnesses like malignancy, cardiovascular maladies, hypertension, vision and hearing misfortune, and diabetes among individuals above the of 60 may lead to development of the market in the prognostic period.
Industry Definition and Major Segments
Active pharmaceutical ingredient (API) is the term that is used to describe the naturally active part of a medication. The API is the essential ingredient and is chemically active. The excipient is chemically inert, does not react with the API, and helps deliver the drug to the system. Some of the time medication can contain a few APIs and its impact on a patient can fluctuate from individual to individual.
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By medicine type, the market is divided into:
- Innovative Active Pharmaceutical Ingredients
- Generic Active Pharmaceutical Ingredients
Based on the type of manufacturer, the market is classified into:
- Captive Manufacturers
- Commercial API Manufacturers
By synthesis, the market is segmented into:
- Synthetic APIs
- Biotechnological APIs
By therapeutic area, the market is subdivided into:
- Cardiovascular and Respiratory
- Central Nervous System Disorders
- Neurological disorders
Key regions covered include:
The demand for APIs is continuously rising owing to the rising number of cases of oncological, cardiovascular and diabetic infections. There is also an increasing demand for APIs for biologics. Moreover, a rise in drug prices along with higher spending over healthcare-related R&D activities is witnessed in Latin America, which further impacts the target market growth.
Region-wise, Brazil is the fastest-growing region. Global companies are increasing their presence in Latin America to manufacture products at a cheaper labor cost. Rising expenditure in the health care sector coupled with more investments from pharmaceutical companies is expected to improve the growth of the active pharmaceutical ingredients market in Latin America.
Key Market Players
The major players in the market are:
- Nortec Química
- Pfizer, Inc.
- Novartis International AG
- Merck & Co.
- Chemo Argentina
- Blanver Farmoquímica
- Farmacêutica S/A
This report covers the market shares, expansions, investments and mergers and acquisitions, among other latest developments of these industry players.
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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