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Press release content from Business Wire. The AP news staff was not involved in its creation. Global Active Pharmaceutical Ingredients Market to Surpass US$ 284.3 Billion by 2027, Says Coherent Market Insights (CMI) December 21, 2020 GMT SEATTLE (BUSINESS WIRE) Dec 21, 2020 According to Coherent Market Insights, the global active pharmaceutical ingredients market is estimated to be valued at US$ 180.4 billion in CAGR of (2020-2027). ADVERTISEMENT Key trends in the market include the growing prevalence of chronic diseases such as cardiac diseases, respiratory diseases, etc., and geographic expansion of API manufacturers in Asia. According to the World Health Organization, non-communicable disease fact sheet 2017, non-communicable diseases account for 70% of all deaths globally. Each year, 15 million people die from a non-communicable disease between the age group of 30 and 69 years, and over 80% of premature deaths occur in low- and average-i ....