TechNavio today launched its report Global Active Pharmaceutical Ingredients Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said, ”Companies outsource Active Pharmaceutical Ingredients (API) manufacturing to save manufacturing costs, get quality service, reduce lead time and save distribution costs. API manufacturing is mostly outsourced to India and China as both countries offer cheaper labor, better profit margins, high productivity and low investment to set up plants compared with countries in the West. Moreover, the regulations in these countries support the local manufacturing and encourage exports between nations. This is helping the companies manage product demand and concentrate on their competencies such as innovation and brand building.”
According to the report, with the increasing competition among vendors in the API Manufacturing industry, there is an increase in RandD activities to develop novel formulation technologies that enhance manufacturing efficiency. Several leading API vendors are taking measures to improve product yield and equipment utilization and reduce process time. Vendors in the APAC region are adopting new processing approaches such as the use of enzymatic catalyst platforms, continuous processing, and micro-reactor technology as an alternative to the complex synthesis procedure. Thus, the adoption of novel formulation technologies is expected to have a high positive impact on the growth of the market during the forecast period.
Further, the report also discusses that one of the major challenges faced by most of the developed markets is the stringent regulatory requirements for new chemical entities (NCEs).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/global-active-pharmaceutical-ingredient…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Healthcare, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Report – Global Active Pharmaceutical Ingredients Market 2011-2015
