The global COVID-19 Drug API Market was valued at USD 20.8 billion in 2024 and is projected to grow to USD 40.1 billion by 2032, expanding at a CAGR of 9.2% during the forecast period of 2025–2032. This significant growth is attributed to sustained demand for COVID-19 treatment options, emerging variants, and increased pharmaceutical manufacturing capacity globally.The global COVID-19 Drug API Market was valued at USD 20.8 billion in 2024 and is projected to grow to USD 40.1 billion by 2032, expanding at a CAGR of 9.2% during the forecast period of 2025–2032. This significant growth is attributed to sustained demand for COVID-19 treatment options, emerging variants, and increased pharmaceutical manufacturing capacity globally.
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