Recently proposed data on the ibuprofen API market analysis demonstrates that demand for ibuprofen APIs is valued at around US$ 665 million in 2024 and is on its way to register a CAGR of 2.5% to reach US$ 851 million by 2034. The evolving landscape in emerging economies propels the demand boost in the API sector, shaping the pharmaceutical metamorphosis.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 665 million |
Market Value for 2034 | US$ 851 million |
Market Forecast CAGR for 2024 to 2034 | 2.5% |
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Demand is presumed to limit the market growth. The historical CAGR of 3.0% was recorded for the market and a 2.5% CAGR is calculated through 2034.
Attributes | Details |
---|---|
Market Historical CAGR for 2019 to 2023 | 3.0% |
The synthesis of ibuprofen APIs has environmental drawbacks due to revised production guidelines, affecting manufacturers' costs and raw material sourcing. This has led to a downturn in the market, as the drug requires high production value.
Key aspects to influence the demand through 2034 include:
Market players need to be prudent and flexible over the anticipated period, as these challenging attributes position the industry for success in the subsequent decade.
Female Patients Creates a Huge Demand
The Pharmaceutical and Biochemical Industry Rife Ibuprofen Depletion
Demand for Arthritis Medication Rumbles the Growth Rate
Attributes | Details |
---|---|
Top End User | Contract Manufacturing Organization |
Market share in 2024 | 55.30% |
Demand from contract manufacturing organizations (CMOs) is significant, acquiring a market share of 55.6% in 2024. The following aspects contribute to the development of demand from contract manufacturing organizations:
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According to derived data, demand from European countries to augment the sales growth in the forthcoming decade. The industry in France and Germany is developing steeply. The ibuprofen drug substance industry in Canada to register the subordinate CAGR compared to European competitors. Demand in Italy and Spain to remain moderate throughout.
Countries | CAGR from 2024 to 2034 |
---|---|
Spain | 3.7% |
Germany | 2.7% |
Italy | 3.3% |
Canada | 2.0% |
France | 3.0% |
Through 2034, the industry in Spain is anticipated to register a 3.7% CAGR, owing to the development of prominent and emerging pharmaceutical and biopharma organizations.
Demand is projected to report a CAGR of 2.7% in Germany through 2034, due to the rising prevalence of chronic diseases such as arthritis and osteoporosis.
Demand in Italy is anticipated to showcase a CAGR of 3.3% between 2024 and 2034 as geriatric patients grow nationwide.
Demand in France is projected to report a CAGR of 3.0% from 2024 to 2034, as women desire demand for ibuprofen API to ease menstruation pain.
Sales is developing rapidly in Canada, witnessing a CAGR of 2.0% through 2034, owing to regular climate change in Canada.
Ibuprofen pharmaceutical ingredient suppliers are merging with CMOs to enhance raw material supply and streamline manufacturing processes, resulting in cost savings and improved time efficiency.
The pharmaceutical API sector is experiencing a surge in mergers and acquisitions, driven by companies seeking therapeutic, pipeline, and global expansion goals. These strategies are gaining popularity due to their significant benefits.
Pooling resources allows companies to create economies of scale, reduce costs, and increase efficiency, especially in product development. Mergers and acquisitions extend market share and help reach new customers for long-term growth.
Mergers and acquisitions are a key growth strategy in the industry, enabling companies to maintain competitiveness, expand globally, and enhance their raw material supply.
Recent Developments in the Ibuprofen API Market
The market is valued at US$ 665 million in 2024.
The market is anticipated to be valued at US$ 861.3 million by 2034.
In Canada, demand is anticipated to develop at a CAGR of 2.0% through 2034.
The market is projected to register a CAGR of 2.50% from 2024 to 2034.
The contract manufacturing organizations develops demand for ibuprofen APIs with a 55.3% market share in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Prescription Based
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Prescription Based, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Prescription Based, 2024 to 2034
5.3.1. Rx
5.3.2. OTC
5.4. Y-o-Y Growth Trend Analysis By Prescription Based, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Prescription Based, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034
6.3.1. Headache
6.3.2. Arthritis
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End User, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2024 to 2034
7.3.1. Contract Research Organization
7.3.2. Contract Manufacturing Organization
7.3.3. Biopharmaceutical Companies
7.3.4. Pharmaceutical Companies
7.4. Y-o-Y Growth Trend Analysis By End User, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By End User, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Prescription Based
9.2.3. By Application
9.2.4. By End User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Prescription Based
9.3.3. By Application
9.3.4. By End User
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Prescription Based
10.2.3. By Application
10.2.4. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Prescription Based
10.3.3. By Application
10.3.4. By End User
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Prescription Based
11.2.3. By Application
11.2.4. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Prescription Based
11.3.3. By Application
11.3.4. By End User
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Prescription Based
12.2.3. By Application
12.2.4. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Prescription Based
12.3.3. By Application
12.3.4. By End User
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Prescription Based
13.2.3. By Application
13.2.4. By End User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Prescription Based
13.3.3. By Application
13.3.4. By End User
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Prescription Based
14.2.3. By Application
14.2.4. By End User
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Prescription Based
14.3.3. By Application
14.3.4. By End User
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Prescription Based
15.2.3. By Application
15.2.4. By End User
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Prescription Based
15.3.3. By Application
15.3.4. By End User
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Market Share Analysis, 2023
16.1.1.1. By Prescription Based
16.1.1.2. By Application
16.1.1.3. By End User
16.2. Canada
16.2.1. Market Share Analysis, 2023
16.2.1.1. By Prescription Based
16.2.1.2. By Application
16.2.1.3. By End User
16.3. Brazil
16.3.1. Market Share Analysis, 2023
16.3.1.1. By Prescription Based
16.3.1.2. By Application
16.3.1.3. By End User
16.4. Mexico
16.4.1. Market Share Analysis, 2023
16.4.1.1. By Prescription Based
16.4.1.2. By Application
16.4.1.3. By End User
16.5. Germany
16.5.1. Market Share Analysis, 2023
16.5.1.1. By Prescription Based
16.5.1.2. By Application
16.5.1.3. By End User
16.6. UK
16.6.1. Market Share Analysis, 2023
16.6.1.1. By Prescription Based
16.6.1.2. By Application
16.6.1.3. By End User
16.7. France
16.7.1. Market Share Analysis, 2023
16.7.1.1. By Prescription Based
16.7.1.2. By Application
16.7.1.3. By End User
16.8. Spain
16.8.1. Market Share Analysis, 2023
16.8.1.1. By Prescription Based
16.8.1.2. By Application
16.8.1.3. By End User
16.9. Italy
16.9.1. Market Share Analysis, 2023
16.9.1.1. By Prescription Based
16.9.1.2. By Application
16.9.1.3. By End User
16.10. Poland
16.10.1. Market Share Analysis, 2023
16.10.1.1. By Prescription Based
16.10.1.2. By Application
16.10.1.3. By End User
16.11. Russia
16.11.1. Market Share Analysis, 2023
16.11.1.1. By Prescription Based
16.11.1.2. By Application
16.11.1.3. By End User
16.12. Czech Republic
16.12.1. Market Share Analysis, 2023
16.12.1.1. By Prescription Based
16.12.1.2. By Application
16.12.1.3. By End User
16.13. Romania
16.13.1. Market Share Analysis, 2023
16.13.1.1. By Prescription Based
16.13.1.2. By Application
16.13.1.3. By End User
16.14. India
16.14.1. Market Share Analysis, 2023
16.14.1.1. By Prescription Based
16.14.1.2. By Application
16.14.1.3. By End User
16.15. Bangladesh
16.15.1. Market Share Analysis, 2023
16.15.1.1. By Prescription Based
16.15.1.2. By Application
16.15.1.3. By End User
16.16. Australia
16.16.1. Market Share Analysis, 2023
16.16.1.1. By Prescription Based
16.16.1.2. By Application
16.16.1.3. By End User
16.17. New Zealand
16.17.1. Market Share Analysis, 2023
16.17.1.1. By Prescription Based
16.17.1.2. By Application
16.17.1.3. By End User
16.18. China
16.18.1. Market Share Analysis, 2023
16.18.1.1. By Prescription Based
16.18.1.2. By Application
16.18.1.3. By End User
16.19. Japan
16.19.1. Market Share Analysis, 2023
16.19.1.1. By Prescription Based
16.19.1.2. By Application
16.19.1.3. By End User
16.20. South Korea
16.20.1. Market Share Analysis, 2023
16.20.1.1. By Prescription Based
16.20.1.2. By Application
16.20.1.3. By End User
16.21. GCC Countries
16.21.1. Market Share Analysis, 2023
16.21.1.1. By Prescription Based
16.21.1.2. By Application
16.21.1.3. By End User
16.22. South Africa
16.22.1. Market Share Analysis, 2023
16.22.1.1. By Prescription Based
16.22.1.2. By Application
16.22.1.3. By End User
16.23. Israel
16.23.1. Market Share Analysis, 2023
16.23.1.1. By Prescription Based
16.23.1.2. By Application
16.23.1.3. By End User
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Prescription Based
17.3.3. By Application
17.3.4. By End User
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. BASF SE
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. BIOCAUSE Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. IOL Chemicals And Pharmaceuticals Limited
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. SI Group, Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Solara Active Pharma Sciences Limited
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Granules India Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Dr. Reddy's Laboratories Ltd
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Octavius Pharma Pvt. Ltd
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Rochem International Inc
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Healthcare
June 2023
REP-GB-13025
273 pages
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