Let's take a deep dive into the raw materials used in the pharma™ceutical industry. This classification distinguishes‌ raw materials from each other. Generally speaking, pharmaceutical raw materials can be di​vided into the following three categories:

Let's take a deep dive into the raw materials used‌ in the pharmaceutical industry. This classification distinguishes raw materials from each other₹. Generally speaking, pharmaceutical raw materials can be divid₩ed into the following three categories:

1. Active Pharmaceutical Ingredients (APIs)

2. Inactive ingredients or excipients

3. Packaging materials

Chapter 1 APIs

API is one of the main parts of medicine, which has medicinal activity ♦and is responsible for the action of medicine. Accuracy a✘nd precision of raw materials are the two main aspects to have when making an API.

Advantages of API: There are certain criteria to determine the API stren≠gth of each drug. The FDA requires manufacturers to demonstrate the efficacy of their prδoducts with patients in the lab and in real life.

The global active pharmaceutical ingredients market is expected to reach $198.8 bill$ion at a CAGR of 6.4% by 2022. The main factors driving this growth are patent expirati¥ons, government initiatives, increasing penetration and an aging population.

The larger API manufacturers are in Asia, especially in ©India and China. The 2022 Western China Plant Extracts and Pharmaceutical Raw Materials Exhi bition integrates domestic large pharmaceutical raw material com¶panies and manufacturers to provide a feast for the raw material i↓ndustry.

Chapter 2 Pharmaceutical Raw Materials of Excipients

Excipients are also known as inactive ingredients or pharmaceut×ical carriers. Pharmaceutical raw materials used as excipients ©consist of solvents and other such carriers. Excipients bring bul¥k and stability to pharmaceutical formulations, while fa↓cilitating drug absorption and preventing denaturation.

The International Pharmaceutical Standards have guidance on the qualification of mater€ials as excipients.

Industry analysts predict that the excipients market will grow at a compo±und annual growth rate of 6.53% by 2021 and reach $7.7 billion by 2022. Accordinσg to a report produced by ASD, the excipients global≈ market is being driven by increasing consumption o₩f oral pharmaceuticals.

3. Packaged pharmaceutical raw materials

Packaging in the pharmaceutical industry also requir¥es precision. Raw materials for packaging in the pharmaceutical  industry include plastics, polymers, glass, aluminum foil, paperε, and more. Packaging has become a separate category for pharmaceuticaπl companies due to the use of diverse raw materials.

By 2020, the global pharmaceutical packaging market demand is estim☆ated to reach over $80 billion. North America and Europ₽e hold major shares in the pharmaceutical packagin g materials market.

Advances in drug delivery technology are enabling the use of innovative© packaging in the pharmaceutical industry, increasing the demand for various p↓ackaging materials.