The global antibiotics active pharmaceutical ingredient (API) market is set to achieve a valuation of USD 8,653.0 million in 2023, with expectations to grow to USD 12,002.3 million by 2033. This growth represents a compound annual growth rate (CAGR) of 3.3% during the forecast period. The increasing demand for antibiotics, coupled with the ongoing advancements …
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Global Antibiotics Active Pharmaceutical Ingredient Industry Slated to Surpass US$ 12 Billion by 2033 Amid Rising Demand for Antibacterial Drugs | FMI Report
The Global Antibiotics Active Pharmaceutical Ingredients (API) Industry is poised for steady growth over the coming decade, reveals Future Market Insights (FMI) in its latest industry report. The market valuation is forecast to increase from US$ 8.6 billion in 2023 to surpass US$ 12 billion by 2033, expanding at a CAGR of 3.3% during the …