Pharmaceutical Intermediates Market is expected to reach US$ 37,290.33 Mn by 2028

by Sameer Joshi or 20-May-2021

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Antibiotics Segment to Gain Traction in Pharmaceutical Intermediates Market During 2021–2028

According to our new research study on “Pharmaceutical Intermediates Market Forecast to 2028 – COVID-19 Impact and Analysis – by Type, Application, and Distribution Channel” the market is expected to reach US$ 37,290.33 million in 2028 from US$ 27,356.70 million in 2020. The market is estimated to grow with a CAGR of 4.2% from 2021-2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Antibiotic intermediates are products that are used to produce antibiotics. For instance, 7- aminodeacetoxy-cephalosporanic acid intermediate which is used to manufacture of semi-synthetic cephalosporins. Similarly, 6- aminopenicillanic acid is an intermediate used to manufacture of semi-synthetic penicillins. Antibiotics are antimicrobial medicines that kill or prevent the growth of bacterial infections in humans as well as animals. These can be taken orally, topically and intravenously (I.V). 

The segment is expected to witness rapid growth owing to rising prevalence of infectious diseases and government support for antibiotics to eradicate infectious diseases. Additionally, an increase in antibiotic resistance infections is expected to demand development of novel drugs.
Pfizer, Inc, Dishman Group, Dextra Laboratories Limited, Sanofi Winthrop Industries S.A., Vertellus Holdings LLC, BASF SE, Lianhetech, Codexis, Midas Pharma GmbH and Chiracon GmbH are among the leading companies in the pharmaceutical intermediates market. 
The report segments global pharmaceutical intermediates market as follows:
By Type 
  • GMP
  • Non-GMP
By Application
  • Antibiotics
  • Antipyretic Analgesics
  • Vitamins
  • Others
By Distribution Channel
  • Distributor
  • Direct Sales
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Spain
    • Switzerland
    • Belgium
    • Greece
    • Norway
    • Portugal
    • Sweden
    • Czech Republic
    • Croatia
    • Ireland
    • Denmark 
    • Netherland
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Turkey
    • Rest of MEA
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of SCAM
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