Global Active Pharmaceutical Ingredients Market to Reach $359.45 Billion by 2030
Active Pharmaceutical Ingredients (API) Market Growth & Trends The global active pharmaceutical ingredients (API) market is expected to reach a valuation of USD 359.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.85% from 2025 to 2030, according to a recent report by Grand View Research, Inc. This growth is primarily driven by the rapid expansion of the biopharmaceutical sector, continuous technological advancements in API manufacturing, and the rising aging population, which is leading to a greater demand for pharmaceuticals globally. One of the key growth drivers is the increasing investment in captive API production, where pharmaceutical companies focus on developing in-house manufacturing capabilities. By doing so, companies can reduce costs, ensure quality control, and mitigate the risk of contamination associated with outsourcing. Advances in artificial intelligence (AI) and protein synthesis technologies are further streamlining API...