Aspirin Market Intelligence

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Subscription Benefits:

  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Aspirin category?

Are you looking for answers on Aspirin category?

  • What are the key trends in Aspirin category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Aspirin industry?
  • How is Aspirin industry performing?

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Report Coverage

  1. Market Analysis
  2. Value Chain Analysis
  3. Price and Cost Analysis
  4. Price Trend Analysis

Production Size

Global Production Size/ Capacity

28 KT (2020)

CAGR

6 percent

Europe

11.5 KT

APAC

14

Table of Contents

  1. Executive Summary
  2. Market Snapshot
  3. Global Market Outlook
  4. COVID-19 Impact
  1. Market Analysis
  2. Global Market Outlook
  3. Regional Market Outlook (North America, Europe, and APAC)
  1. Value Chain Analysis
  2. Value Chain Analysis
  1. Price and Cost Analysis
  2. Aspirin Cost Structure
  3. Price Trend Analysis
  1. Industry Analysis
  2. Porter’s Five Forces Analysis
  3. Industry Events

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Aspirin Global Market Outlook:

Global market size – 28 KT (2020)
Expected to grow at a CAGR of 6 percent

Market Trends:
Aspirin manufactures are increasing capacity, in response to
the increasing demand of the market.

Porter's Analysis on Aspirin

Supplier Power

  • The market of Salicylic Acid used in the manufacture of Aspirin is fragmented with many players available in the market
  • Some of the key market players also have salicylic acid in their product portfolio
  • Salicylic Acid is majorly used in pharmaceutical manufacturing. The demand from other industries is minimal
  • Hence, the suppliers of Aspirin raw materials has lower power

Barriers to New Entrants

  • Consolidated Market: The Aspirin API market is consolidated with the top three players, holding close to 70 percent of the market share
  • The top players have all the required regulatory certifications and an established consumer base
  • Capital investment and competition are the major barriers for the new entrants in the market

Intensity of Rivalry

  • Consolidated Market: As the marker is consolidated, each of the regulated suppliers have significant marker share. Hence, there is no problem of price competition
  • Capacity Expansion: The established suppliers have been increasing their manufacturing capacities in response to the growing market demand

Threat of Substitutes

  • Aspirin, being used for a wide range of indications, has lower risk of substitution, due to the low toxicity profile and established usage among the health care professionals
  • However, the novel molecules, being introduced in the market for cardio vascular indication, etc., could effect the market size

Buyer Power

  • The buyer has medium power, since the market is consolidated with lower number of regulated suppliers and their high market share

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