Oncology and Cardiovascular Therapies Lead API Demand Surge

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2025-06-20 06:14:53

The global Active Pharmaceutical Ingredients (API) market is projected to grow from USD 236.6 billion in 2023 to USD 370.7 billion by 2031, registering a compound annual growth rate (CAGR) of 5.8% over the forecast period. This growth is driven by the rising prevalence of chronic diseases, increasing demand for generic and biologic ***s, and the global expansion of pharmaceutical...

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