Cholesterol API Market Analysis

  • Report ID: 4243
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Cholesterol API Market Analysis

The global cholesterol API market is segmented and analyzed for demand and supply by end-user into RNA vaccines, monoclonal antibodies, and others. Out of these, the monoclonal antibodies segment is estimated to significantly grow over the forecast period owing to the growing implementation of monoclonal antibodies in treatment of various types of cancers and SARS diseases including COVID- 19. For instance, it is observed in a research that monoclonal antibodies that are administered to patients via infusion are anticipated to be used alone or in combination with other medications. Depending on the antigen targeted, each monoclonal antibody works in one or more ways. Some monoclonal antibodies specifically bind to cancer cells, killing them. They are effective since they target specific receptors in cells. Trastuzumab (Herceptin), for example, is used to treat HER2-positive breast cancer and stomach cancer. Trastuzumab binds to the HER2 receptors on cancer cells, preventing them from increasing, that halt growth and slow down cancer progression. Additionally, as per the report of the Centers for Medicare & Medicaid Services, under EUA the FDA approved the use of EVUSHELD (tixagevimab co-packaged with cilgavimab) in adults and paediatric patients for COVID-19 pre-exposure prophylaxis.

The global cholesterol API market is also segmented on the basis of manufacturing process into GMP, and non-GMP. Amongst these segments, the GMP segment is projected to garner the highest market share of about 70% by the end of 2036. Further, the non-GMP segment is anticipated to garner a market share of 30% in the same year.

Our in-depth analysis of the cholesterol API market includes the following segments:

     By Type

  • NF Grade
  • BP Grade
  • Others

     By Source

  • Animal Derived
  • Plant Derived
  • Synthetic

     By End-User

  • RNA Vaccines
  • Monoclonal Antibodies
  • Others

     By Application

  • Pharmaceuticals
  • Feeds
  • Cosmetics
  • Others
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4243
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cholesterol API is evaluated at USD 291.65 million.

Cholesterol API Market size was over USD 281.3 million in 2023 and is expected to exceed USD 504.76 million by 2036, witnessing over 4.6% CAGR during the forecast period i.e., between 2024-2036. Growing use of liposomal formulations in drug delivery systems, surge in anticancer therapies, and escalating clinical trials of mRNA vaccines will propel the market growth.

North America is projected to hold 39% industry share by 2036, backed by growing cases of various types of cancers, rising healthcare expenditure, increasing expenditure in research and development of medical and health paradigm, and the existence of several well-known drug manufacturers in the region.

The major players in the market are Thermo Fisher Scientific Holdings, Inc., Croda International Plc, Bristol Myers Squibb Company (BMS), Evonik Industries AG, Dishman Carbogen Amcis Ltd, Hänseler AG, Caesar & Loretz GmbH, and others.
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