FMI Study Forecasts Antibiotics’ Active Pharmaceutical Ingredients Market to Expand at 3.3% CAGR, Surpassing US$12 Billion by 2033

The worldwide market for Antibiotics’ Active Pharmaceutical Ingredients (APIs) is predicted to achieve a worth of US$8,653.0 million in 2023, with a projected escalation to US$12,002.3 million by 2033. This growth trajectory indicates a trailing Compound Annual Growth Rate (CAGR) of 3.3% throughout the forecast duration. The World Health Organization (WHO) states that bacterial pneumonia …