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Ibuprofen API Market Share

Report ID: GMI9192
Published Date: Apr 2024
Report Format: PDF

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Ibuprofen API Market Share

The ibuprofen API industry is fragmented in nature characterized by the presence of several companies. The key market players are focused on developing improved formulations to obtain a competitive edge in the market. These players are constantly engaged in growth strategies such as partnerships and collaborations, and distribution strategies to enhance their market reach.

Ibuprofen API Market Companies

Prominent players operating in the ibuprofen API industry include:

BASF Corporation
Dr. Reddy's Laboratories Ltd.
Granules India Limited
IOL Chemicals and Pharmaceuticals Limited
Octavius Pharma Pvt. Ltd.
SI Group, Inc.
Solara Active Pharma Sciences Limited
Strides Pharma Science Limited
Rochem International Inc.
Teva Pharmaceutical Industries Ltd.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for ibuprofen API was valued at USD 694.4 million in 2023 and will grow at 3.7% CAGR between 2024 – 2032, driven by the increasing prevalence of inflammatory diseases.

Why is the demand for high potency ibuprofen rising in ibuprofen API industry?

North America ibuprofen API market held a decent market share in 2023 and will grow at 3.5% CAGR over the forecast years, driven by a well-established pharmaceutical industry.

BASF Corporation, Dr. Reddy's Laboratories Ltd., Granules India Limited, IOL Chemicals and Pharmaceuticals Limited, Octavius Pharma Pvt. Ltd., SI Group, Inc. among others.