India Pharmaceutical Export Market, Forecast 2022
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- Street: vashi
- City: vashi
- State: Maharasta
- Zip/Postal Code: 400703
- Country: India
- Listed: January 23, 2023 8:04 am
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Description
Bharat Book Bureau Provides the Trending Market Research Report on “Pharmaceutical Export Market in India” under Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
India Pharmaceutical Export Market, Forecast 2019-2022
Market insights:
The pharmaceutical industry has witnessed rapid growth in the past few decades and is expected to develop further, owing to huge export possibilities. The business caters to 50% of the global demand of various vaccines, 40% of generic medicines demand in the US, and 25% of all medication in the UK.
The Indian Pharmaceutical exports market grew by 11.88% between FY 2019 and FY 2022 to reach INR 1,445.81 Bn in FY 2022, despite the global pharmaceutical industry shrinking by 1-2% in 2020 due to COVID-19. This was despite the global industry reduced by almost 2% in 2020 on account of COVID-19.
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