Pharmaceutical Intermediates Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Chemical Intermediates, Bulk Drug Intermediates, Custom Intermediates, Others), By Application (Analgesics, Anti-inflammatory Drug, Cardiovascular Drugs, Anti-Diabetic Drugs, Anti-Cancer Drugs, Others), By Region and Competition, 2019-2029F

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD41.35 billion

CAGR (2024-2029)

5.53%

Fastest Growing Segment

Bulk Drug Intermediates

Largest Market

North America

Market Size (2029)

USD 57.25 billion


Market Overview

Global Pharmaceutical Intermediates Market was valued at USD41.35 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.53% through 2029. Pharmaceutical intermediates play a critical role in the complex process of drug manufacturing as they ensure both safety and efficacy. These key components act as essential building blocks, facilitating the production of active pharmaceutical ingredients (APIs) that are vital for the pharmaceutical industry.

The demand for pharmaceutical intermediates is continuously on the rise, driven by the increasing prevalence of chronic diseases worldwide. As the number of patients requiring treatment grows, so does the need for efficient and reliable drug synthesis. However, this burgeoning market is not free from challenges.

Stringent regulations pose a significant obstacle, requiring manufacturers to adhere to strict guidelines and quality standards. Additionally, the high investment costs associated with research and development, along with the complexities involved in the drug development process, can potentially hinder market growth.

Nevertheless, the pharmaceutical industry thrives on innovation and technological advancements. As new methods and techniques emerge in drug manufacturing processes, they present lucrative opportunities for market expansion. Moreover, strategic collaborations and partnerships among key players in the industry are anticipated to further fuel market growth, fostering innovation and driving advancements.

Key Market Drivers

Growing Demand for Pharmaceuticals

The global pharmaceutical intermediates market is experiencing significant growth, driven by an increasing demand for pharmaceuticals. Pharmaceutical intermediates, which are essential compounds used in the production of active pharmaceutical ingredients (APIs), play a crucial role in ensuring drug safety and efficacy.

The growing demand for pharmaceuticals is primarily fueled by the rising global healthcare needs and the prevalence of chronic diseases. As the global population continues to grow and age, the need for effective and affordable medications becomes increasingly important. This trend has led to a surge in the need for pharmaceutical intermediates, setting the stage for significant market expansion.

Additionally, increasing investment in research and development is another major driver of the pharmaceutical intermediates market. With more resources allocated to discovering new drugs and improving existing ones, the demand for high-quality intermediates that can facilitate the development of innovative pharmaceuticals is set to rise further.

Furthermore, the growth in the pharmaceutical industry as a whole is also fueling the demand for pharmaceutical intermediates. As new drugs are discovered and existing ones are optimized, there is an increased requirement for these essential compounds that form the backbone of the pharmaceutical manufacturing process. Moreover, the booming chemical industry, which is closely intertwined with the pharmaceutical sector, is driving demand for pharmaceutical intermediates across the world.

Advancements in Manufacturing Process

Technological advancements have revolutionized the manufacturing process of pharmaceutical intermediates, making it more efficient and cost-effective. For instance, the introduction of continuous flow chemistry in pharmaceutical production has transformed the traditional manufacturing process. This innovative technology allows for the continuous production of pharmaceutical intermediates, eliminating the need for batch processing and significantly reducing production time. By enabling a continuous flow of reactions, this approach not only improves the speed of production but also minimizes the risk of cross-contamination and increases the overall yield of high-quality intermediates.

Furthermore, the use of artificial intelligence (AI) and machine learning (ML) technologies in the manufacturing process has had a profound impact on pharmaceutical intermediate production. These advanced technologies provide predictive analysis for better decision-making, optimizing production processes and improving quality control. AI algorithms can analyze vast amounts of data to identify trends, patterns, and potential issues, allowing for proactive adjustments and efficient resource allocation. Similarly, ML models can continuously learn from data, leading to continuous process improvement and enhanced product quality.

The integration of these technologies into the manufacturing process is driving the demand for pharmaceutical intermediates as companies strive to leverage the benefits of increased efficiency, improved quality, and reduced costs. The pharmaceutical industry is embracing these advancements to stay competitive in a rapidly evolving market, ensuring the timely and cost-effective production of essential medications for patients worldwide.

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Key Market Challenges

Surge in Regulatory Compliance

Pharmaceutical intermediates, which are crucial components used in the production of active pharmaceutical ingredients (APIs), play a vital role in meeting stringent safety and efficacy standards. As the pharmaceutical industry continues to globalize, companies are actively seeking competitive advantages across various regions, particularly in Asia. This expansion, however, brings about a higher level of complexity in terms of regulatory compliance.

Regulations governing pharmaceutical intermediates vary across countries, and the lack of dedicated local compliance resources poses a significant risk for global companies. Navigating these diverse regulations while ensuring the production of high-quality pharmaceutical intermediates presents a key challenge. This challenge is further compounded by the constant evolution of regulatory requirements, which adds another layer of complexity to the compliance landscape.

In order to streamline regulatory processes, one potential approach could be the implementation of supplier-agnostic regulatory filing specifications. Such an approach could simplify compliance efforts. However, until such changes are fully implemented, companies must continue to adapt to the existing regulatory frameworks.

Furthermore, the development and manufacturing of advanced therapies, such as cell and gene therapies, present a significant challenge. As the pipelines for these innovative treatments continue to expand, the demand for pharmaceutical intermediates increases accordingly. However, the complex and ever-evolving regulatory landscape can potentially slow down the development process, thus limiting the availability of these promising therapies.

Key Market Trends

Increasing Demand for Generic Drugs

Pharmaceutical intermediates play a crucial role in the production of generic drugs, serving as vital building blocks for their synthesis. With the increasing demand for affordable healthcare solutions, the importance of pharmaceutical intermediates continues to rise. This has led major pharmaceutical companies to focus on expanding their portfolio of generic drugs, thereby further fueling the demand for these intermediates.

Moreover, the pharmaceutical intermediates industry is witnessing several noteworthy trends and dynamics. One such trend is the significant growth in the pharmaceutical sector, driven by advancements in medical science and technology. Additionally, there is an increased emphasis on research and development to discover novel therapeutic solutions and improve existing drug formulations. This research-driven approach is fostering innovation and propelling the demand for pharmaceutical intermediates.

Furthermore, the rising prevalence of chronic diseases globally has created a pressing need for both innovative and generic drugs. Pharmaceutical intermediates play a pivotal role in the development of these drugs, enabling the production of effective and affordable medications to combat various diseases and improve patient outcomes. This ever-increasing demand for pharmaceutical intermediates reflects the ongoing pursuit of improved healthcare solutions worldwide.

Segmental Insights

Product Insights

Based on the category of product, the bulk drug intermediates segment emerged as the dominant player in the global market for pharmaceutical intermediates in 2023. Bulk drug intermediates play a crucial role in the pharmaceutical industry as they are extensively utilized in the production of active pharmaceutical ingredients (API). These APIs are the essential components that deliver the desired therapeutic effects in various drugs. Furthermore, to foster the growth of this segment, several government initiatives have been introduced to promote and develop bulk drug parks.

As an instance, the Department of Pharmaceuticals has prioritized a comprehensive list of 56 APIs under the Make-in-India initiative, emphasizing the nation's commitment to self-sufficiency in the pharmaceutical sector. These initiatives aim to boost domestic manufacturing capabilities, create employment opportunities, and enhance the overall accessibility of vital drugs for the population.

Application Insights

The analgesics segment is projected to experience rapid growth during the forecast period. Analgesics, commonly known as pain relievers, are extensively used to alleviate various types of pain. With the increasing prevalence of chronic ailments such as arthritis, cancer, and cardiovascular diseases, the demand for analgesics is on the rise. These conditions, characterized by long-lasting pain and discomfort, necessitate effective pain management strategies. As a result, the analgesics market is experiencing significant growth as healthcare providers and patients seek reliable solutions to address pain and improve quality of life.

 

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Regional Insights

North America emerged as the dominant player in the Global Pharmaceutical Intermediates Market in 2023, holding the largest market share in terms of value. This is primarily due to the presence of numerous pharmaceutical companies, renowned research centers and laboratories, and the rapid expansion of Contract Manufacturing Organizations (CMOs) and Contract Research Organizations (CROs) in the United States and Canada. Furthermore, the biopharmaceutical industry in North America is expected to maintain its dominant position throughout the forecast period, supported by increasing investments from both the government and private sector players. These investments aim to stimulate the growth and innovation of the industry, fostering advancements in drug development, clinical research, and healthcare solutions.

Recent Development

  • In September 2023, Ami Organics Ltd. reached an agreement to provide advanced pharmaceutical intermediates to a subsidiary of Orion Corp, headquartered in Finland. The anticipated commencement of revenue generation from this product is slated for the fiscal year 2025. The project execution timeline spans three years initially, with provisions for automatic renewal for subsequent terms of two years each.

Key Market Players

  • Aceto Corporation
  • BASF SE
  • Chiracon GmbH
  • Yin-sheng Bio-tech Co. Ltd.
  • Dishman Pharmaceuticals & Chemicals Ltd
  • Green Vision Life Sciences Pvt Ltd
  • Midas Pharma GmbH
  • Sanofi SA
  • Vertellus Holdings LLC.
  • Lonza Group AG

By Product

 By Application

By Region
  • Chemical Intermediates
  • Bulk Drug Intermediates
  • Custom Intermediates
  • Others
  • Analgesics
  • Anti-inflammatory Drug
  • Cardiovascular Drugs
  • Anti-Diabetic Drugs
  • Anti-Cancer Drugs
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Pharmaceutical Intermediates Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Pharmaceutical Intermediates Market, By Product:

o Chemical Intermediates

o Bulk Drug Intermediates

o Custom Intermediates

o Others

  • Pharmaceutical Intermediates Market, By Application:

o Analgesics

o Anti-inflammatory Drug

o Cardiovascular Drugs

o Anti-Diabetic Drugs

o Anti-Cancer Drugs

o Others

  • Pharmaceutical Intermediates Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o   Asia Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Pharmaceutical Intermediates Market.

Available Customizations:

Global Pharmaceutical Intermediates Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Pharmaceutical Intermediates Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Pharmaceutical Intermediates Market

5.    Global Pharmaceutical Intermediates Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product (Chemical Intermediates, Bulk Drug Intermediates, Custom Intermediates, Others)

5.2.2.     By Application (Analgesics, Anti-inflammatory Drug, Cardiovascular Drugs, Anti-Diabetic Drugs, Anti-Cancer Drugs, Others)

5.2.3.     By Region

5.2.4.     By Company (2023)

5.3.  Market Map

6.    Asia Pacific Pharmaceutical Intermediates Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product

6.2.2.     By Application

6.2.3.     By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.     China Pharmaceutical Intermediates Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Product

6.3.1.2.2.             By Application

6.3.2.     India Pharmaceutical Intermediates Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Product

6.3.2.2.2.             By Application

6.3.3.     Australia Pharmaceutical Intermediates Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Product

6.3.3.2.2.             By Application

6.3.4.     Japan Pharmaceutical Intermediates Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Product

6.3.4.2.2.             By Application

6.3.5.     South Korea Pharmaceutical Intermediates Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Product

6.3.5.2.2.             By Application

7.    Europe Pharmaceutical Intermediates Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Application

7.2.3.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Pharmaceutical Intermediates Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product

7.3.1.2.2.             By Application

7.3.2.     Germany Pharmaceutical Intermediates Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product

7.3.2.2.2.             By Application

7.3.3.     Spain Pharmaceutical Intermediates Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product

7.3.3.2.2.             By Application

7.3.4.     Italy Pharmaceutical Intermediates Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product

7.3.4.2.2.             By Application

7.3.5.     United Kingdom Pharmaceutical Intermediates Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product

7.3.5.2.2.             By Application

8.    North America Pharmaceutical Intermediates Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Application

8.2.3.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Pharmaceutical Intermediates Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product

8.3.1.2.2.             By Application

8.3.2.     Mexico Pharmaceutical Intermediates Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product

8.3.2.2.2.             By Application

8.3.3.     Canada Pharmaceutical Intermediates Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product

8.3.3.2.2.             By Application

9.    South America Pharmaceutical Intermediates Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Application

9.2.3.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Pharmaceutical Intermediates Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product

9.3.1.2.2.             By Application

9.3.2.     Argentina Pharmaceutical Intermediates Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product

9.3.2.2.2.             By Application

9.3.3.     Colombia Pharmaceutical Intermediates Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product

9.3.3.2.2.             By Application

10.  Middle East and Africa Pharmaceutical Intermediates Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Application

10.2.3.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Pharmaceutical Intermediates Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product

10.3.1.2.2.           By Application

10.3.2.  Saudi Arabia Pharmaceutical Intermediates Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product

10.3.2.2.2.           By Application

10.3.3.  UAE Pharmaceutical Intermediates Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product

10.3.3.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Recent Developments

12.2.              Product Launches

12.3.              Mergers & Acquisitions

13.  Global Pharmaceutical Intermediates Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Product

15.  PESTLE Analysis

16.  Competitive Landscape

16.1.              Aceto Corporation

16.1.1.  Business Overview

16.1.2.  Company Snapshot

16.1.3.  Products & Services

16.1.4.  Financials (As Reported)

16.1.5.  Recent Developments

16.2.              BASF SE

16.3.              Chiracon GmbH

16.4.              Yin-sheng Bio-tech Co. Ltd.

16.5.              Dishman Pharmaceuticals & Chemicals Ltd

16.6.              Green Vision Life Sciences Pvt Ltd

16.7.              Midas Pharma GmbH

16.8.              Sanofi SA

16.9.              Vertellus Holdings LLC.

16.10.           Lonza Group AG

17.  Strategic Recommendations

18.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Pharmaceutical Intermediates Market is estimated to be USD 41.35 billion in 2023.

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The bulk drug intermediates segment demonstrated significant dominance in 2023. Bulk drug intermediates are used in a wide range of medications, covering various therapeutic areas such as anti-infectives, analgesics, cardiovascular, and anti-diabetic drugs.

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North America dominated the market with a revenue share in 2023. North America, especially the US, houses leading research institutions and universities engaged in drug discovery and development.

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Growing demand of pharmaceuticals and advancements in manufacturing process are the major drivers for the Global Pharmaceutical Intermediates Market.

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Sakshi Bajaal

Business Consultant
Press Release

Pharmaceutical Intermediates Market to Grow with a CAGR of 5.53% Globally through 2029

Mar, 2024

Surge in research and development activities is expected to drive the Global Pharmaceutical Intermediates Market growth in the forecast period, 2025-2029

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