The global antibiotics active pharmaceutical ingredient (API) market is on a steady growth trajectory, with projections indicating a rise from an estimated USD 8,653.0 million in 2023 to approximately USD 12,002.3 million by 2033. The market is expected to grow at a compound annual growth rate (CAGR) of 3.3% during the forecast period. This growth …
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Global Antibiotics Active Pharmaceutical Ingredient Industry on Track to Surpass US$ 12,002.3 Million by 2033 with a Resilient 3.3% CAGR | FMI
The Global Antibiotics Active Pharmaceutical Ingredients Industry is on the brink of a significant milestone, set to achieve a value of US$ 8,653.0 million in 2023 and expected to expand to a staggering US$ 12,002.3 million by 2033. This remarkable growth is driven by a steady Compound Annual Growth Rate (CAGR) of 3.3% throughout the …