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Follow on Google News | Active Pharmaceutical Ingredients (API) Market in Americas to 2017South and Central America Active Pharmaceutical Ingredients Market Closing Gap on Northern Neighbors
By: Rajesh Gunnam According to the report*, the SCA region has one of the fastest growing API markets in the world, with a growing demand for generic and biologic medications. Mexico is currently the largest market in the region, but thanks to an aging population and a strengthening healthcare system, Brazil is expected to overtake by 2017. SCA countries are becoming increasingly open to global drug producers and supporting the manufacture of medications at home through investments. Many governments in the region are aware of the huge potential of generics and are providing financial backing as well as promoting pharmaceutical growth through the employment of various programs and schemes. For Sample Pages, please click or add the below link to your browser: http://www.gbiresearch.com/ This region is also home to an expanding aging population and is witnessing an increase in lifestyle diseases such as diabetes and obesity – further driving the demand for healthcare and pharmaceutical treatments. The API market in South and Central America was valued at $5.4 billion in 2011 and is expected to climb at a Compound Annual Growth Rate (CAGR) of nearly 13% to reach 11.1 billion in 2017. As the North American API market is expected to grow at a more modest CAGR of 4.4%, the SCA will increase its share of the total Americas market to 17.4% from the 11.7% stake held in 2011. This research presents detailed analysis and forecasts of the major economic and market trends affecting the API markets in this region. This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GBI Research’s team of industry experts. GBI Research is a market-leading provider of business intelligence reports, offering actionable data and forecasts based on the insights of key industry leaders to ensure you stay up-to-date with the latest emerging trends in your markets. For further details, please click or add the below link to your browser: http://www.gbiresearch.com/ Visit our report store: http://www.gbiresearch.com For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: End
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