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Active Pharmaceutical Ingredient (API) Market worth $ 281 90 Billion, Globally, by 2028 at 5 65 % CAGR: Verified Market Research™

Global $650+ Billion Generic Drugs Market to 2025: Competitive Landscape, Trends, Structure, Recent Mergers and Acquisitions, Brand Name Company Involvement

Dublin, May 31, 2021 (GLOBE NEWSWIRE) The "Global Generic Drugs Market 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global market for generic drugs should grow from $411.6 billion in 2020 to $650.3 billion by 2025, at a compound annual growth rate (CAGR) of 9.6% for the period of 2020-2025. The nature and structure of the generic drug industry is discussed, with profiles of the leading 20+ generic drug companies and an update on M&A activity. Five-year sales forecasts are provided for the national markets and the major therapeutic categories of the products involved. This report is being published at a time when the pharmaceutical industry faces challenges and changes more radical than any it has faced in the last half-century. The worldwide economic recession in 2008 has had a profound impact on an industry that is normally resilient to the usual ups and downs of commercial life. Apart from the sometimes painful process of cutting co

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