High Potency Active Pharmaceutical Ingredients Market revenue to cross USD 40,983.8 Million By 2027, at a CAGR of 9.9% between 2020 and 2027

Overview

High Potency Active Pharmaceutical Ingredients (HPAPI) can be roughly classified into brand name or generic drugs according to their customer base. Since HPAPI can target diseased cells more precisely and selectively than other APIs, the demand for HPAPI is increasing rapidly.

Statistic

It is estimated that by the end of 2027, the global high potency active pharmaceutical ingredients market will reach US$ 4,983.82 million.

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Drivers

During the forecast period, the increase in the release of antibody-drug conjugates is expected to drive the growth of the global high potency active pharmaceutical ingredients market. In January 2020, the antibody manufacturer Proteintech Group released more than 500 antibodies directly coupled with high-performance CoraLite488 and CoraLite594 dyes.

Opportunities

The significant growth of the pharmaceutical industry is expected to provide profitable growth opportunities for participants in the global high potency active pharmaceutical ingredients market. According to key data from the European Federation of Pharmaceutical Industries and Associations in 2019, the European pharmaceutical industry invested US $19,509 million in 2000 and increased to US$ 39.895 million in 2018.

Restraints

Strict manufacturing regulations are expected to hinder the growth of the global high potency active pharmaceutical ingredients market.

Key Takeaways

The global high potency active pharmaceutical ingredients market in 2019 was US$ 19.258 million, and it is expected to reach US$ 40,983.82 million at a CAGR of 9.9 percent from 2020 to 2027. The global high potency active pharmaceutical ingredients market during the forecast period is projected to grow due to technological progress and increased product releases.

In 2019, the innovative molecular sector occupied a leading position in the global high-efficiency active pharmaceutical ingredient market, with a value share of 70.3%, followed by generic drugs. It is expected that during the forecast period, a strong portfolio of innovative molecules will support the growth of this market segment.

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Market Trend

Major market players focus on expanding production capacity to increase market share. In August 2020, SEQENS opened an innovative HPAPI unit at its Villeneuve LaGarenne plant in France for the production of highly active ingredients.

Key companies in the global high potency active pharmaceutical ingredients market are also focusing on launching new products to expand their product portfolio. In June 2020, Ajinomoto Biopharmaceutical Services Company launched AJILITY, a flexible and agile pharmaceutical platform designed to bring vaccines and therapies to the market while minimizing production time.

Competitive Landscape

Key companies contributing in the global high potency active pharmaceutical ingredients market are Teva Pharmaceutical Industries Ltd., Roche Diagnostics, Pfizer Inc., Eli Lilly and Company, Bayer AG, SEQENS, BASF AG, Carbogen Amcis AG, Novartis International AG, Lonza, Sanofi Aventis, Minakem, Cambrex Corporation, SEQENS, Ajinomoto Bio-Pharma Services, MilliporeSigma, Merck & Co., Covidien Plc., Boehringer Ingelheim, and Bristol-Myers Squibb.

Reasons to Purchase this Report

Current and future of global High Potency Active Pharmaceutical Ingredients market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

Regions/countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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Key Developments

Key companies in the global high potency active pharmaceutical ingredients market are focused on adopting M&A strategies to increase their market share. In June 2020, Ajinomoto BioPharma Services acquired Granules OmniChem Private Limited.

The major players in the market are also focusing on expanding production capacity to increase market share. In June 2018, Minafin’s CDMO division, Minakem, launched a new closed controlled environment and highly closed production facility for the production of highly effective active pharmaceutical ingredients.

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