Product Code: CMI6602
The pharmaceutical fine chemicals market is projected to exhibit substantial growth, increasing from US$ 136.2 Bn in 2024 to an estimated US$ 233.5 Bn by 2031 this growth is anticipated to be driven by a notable CAGR of 8% during the period of 2024-2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 136.2 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
8.00% |
2030/2031 Value Projection: |
US$ 233.5 Bn |
Figure 1. Pharmaceutical Fine Chemicals Market Share (%), by Region, 2024
The pharmaceutical fine chemicals market has been witnessing significant growth over the past few years. Pharmaceutical fine chemicals refer to active pharmaceutical ingredients or bulk drug substances which are used in pharmaceutical formulations. Factors, such as rising prevalence of chronic diseases, increasing elderly population, and growing research and development investments in drug development by biopharmaceutical companies, are fueling the demand for pharmaceutical fine chemicals. Furthermore, custom synthesis and manufacturing services are gaining traction as they help drug manufacturers optimize costs and focus on other core activities. Various agreements between Active Pharmaceutical Ingredients makers and drug formulation businesses for long term supply are also propelling the pharmaceutical fine chemicals market. However, stringent regulatory framework and high costs associated with drug development processes pose challenges to boost the market growth. Overall, the global pharmaceutical fine chemicals market is anticipated to showcase lucrative opportunities in the coming years.
Market Dynamics:
The pharmaceutical fine chemicals market is driven by factors such as growing geriatric population globally prone to chronic diseases, rising healthcare expenditure, and increasing incidence of lifestyle diseases. As per the United Nations, by 2050, one in six people in the world will be over age 65. Furthermore, increasing R&D spending on drug development by pharmaceutical companies and the adoption of contract manufacturing are fueling the market growth. However, the market faces challenges from stringent regulatory environment for drug approval and high costs associated with drug manufacturing. On the other hand, the growing adoption of custom synthesis and manufacturing in the API production process presents significant opportunities for stakeholders. Additionally, outsourcing of API manufacturing to emerging markets with low-cost skilled labor is opening new avenues for market players.
Key features of the study:
- This report provides an in-depth analysis of the global pharmaceutical fine chemicals market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global pharmaceutical fine chemicals market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Denisco, Albemarle Corporation, Kenko Corporation, GRACE, CHEMADA, JMP Statistical Discovery LLC., Pfizer Inc., GSK plc.,
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global pharmaceutical fine chemicals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation:
- Pharmaceutical Fine Chemicals Market, By Type
- Proprietary
- Non Proprietary
- Pharmaceutical Fine Chemicals Market, By Product
- Basic Building Blocks
- Advanced Intermediates
- Active Ingredients
- Pharmaceutical Fine Chemicals Market, By Application
- Cardiovascular
- Neurological
- Oncological
- Infectious Diseases
- Metabolic System
- Diabetes
- Respiratory
- Gastrointestinal
- Mucoskeletal
- Others
- Pharmaceutical Fine Chemicals Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Top companies in the pharmaceutical fine chemicals market
- Denisco
- Albemarle Corporation
- Kenko Corporation
- GRACE
- CHEMADA
- JMP Statistical Discovery LLC.
- Pfizer Inc.
- GSK plc.
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising Demand for Biosimilars
- Increasing Government Healthcare Spending
- Regulatory Compliance Increasing Production Costs
- Capacity Limitations Restricting Output
- Outsourcing of Fine Chemicals Production
- Growth in Biologics and Biosimilars Market
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Pharmaceutical Fine Chemicals Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Pharmaceutical Fine Chemicals Market, By Type, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Proprietary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Non Proprietary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
6. Pharmaceutical Fine Chemicals Market, By Product, 2019 - 2031 (US$ Bn)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Basic Building Blocks
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Advanced Intermediates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Active Ingredients
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
7. Pharmaceutical Fine Chemicals Market, By Application, 2019 - 2031 (US$ Bn)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cardiovascular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Neurological
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Oncological
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Infectious Diseases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Metabolic System
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Diabetes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Respiratory
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Gastrointestinal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Mucoskeletal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
8. Pharmaceutical Fine Chemicals Market, By Region, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- Asean
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031,(US$ Bn)
- GCC
- Israel
- Rest of Middle East
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- Mexico
- Argentina
- Brazil
9. Competitive Landscape
- Company Profiles
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- JMP Statistical Discovery LLC.
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us