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Ibuprofen Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Ibuprofen MarketThe global Ibuprofen market size is expected to reach US$ 112.3 million by 2029, growing at a CAGR of 2.7% from 2023 to 2029. Key drivers of the ibuprofen market include the expanding pharmaceutical production and increasing prevalence of chronic diseases such as arthritis, kidney disease, cardiovascular diseases, diabetes, etc.
Further, the usage of advanced technologies in drug development is expected to propel the growth of the ibuprofen market in the coming years.
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Ibuprofen Market Share
North America is the largest sales place, with a sales market share nearly 29%. Following North America, Europe is the second largest sales place with the sales market share of 26%.
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Ibuprofen market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
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Key Market Segments
By Type
• USP
• EP
The classification of Ibuprofen includes USP and EP and the sales proportion of USP Ibuprofen is about 65%.
By Application
• Tablet
• Capsule
• Suspension
• Others
Ibuprofen is applied in Tablet, Capsule, Suspension and Other. The most proportion of Ibuprofen is used in Tablet, and the market share is about 46%.
List of Key Players
• Xinhua Pharmaceutical
• IOLCP
• Granules Biocause
• Strides Shasun
• BASF
• SI Group
• Xinhua-Perrigo Pharmaceutical
• Hisoar
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