It’s the rise of niche APIs. They currently account for at least 25% of the market, and that percentage is expected to increase greatly in the near future.Global demand for active pharmaceutical ingredients (APIs) is growing fast. According to a report published earlier this year, market revenue is expected to grow from $185.23 billion in 2020 to $331.37 billion by the end of 2030 — an increase of nearly 79%.

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