CATEGORY

Aspirin

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Aspirin.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

Schedule a Demo

Aspirin Market Monitoring Dashboard

Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Aspirin Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Aspirin category is 20.10%

Payment Terms

(in days)

The industry average payment terms in Aspirin category for the current quarter is 54.3 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

Meet Abi

The World’s first Digital Market Analyst

    Schedule a Demo
    Meet Abi

    The World’s first Digital Market Analyst

    Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions

    Aspirin Suppliers

    807
    Total Suppliers
    16
    Diverse Suppliers
    68
    Normalized Supplier Rating
    Aspirin Supplier

    Find the right-fit aspirin supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Catalent Inc.
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    33
    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    30
    Social
    26
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    34
    Human rights
    32
    Community Environment
    15
    Corporate governance
    56
    Human resources
    26
    Security Scorecard
    79
    Threat indicators
    A
    91
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    52
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    D
    62
    Application Security
    Detecting common website application vulnerbilities
    A
    100
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    100
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    90
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    catalent.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    0
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    0
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    0
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    0
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    21
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Aspirin Market Intelligence

    global market outlook

      • The global market size is around 28KT in 2020 and it is expected to grow with a CAGR of ~6%
      • The key suppliers for Aspirin are Novacyl, Shandong Xinhua Pharmaceutical, JQC (Huayin) Pharmaceutical, The Andhra Sugars, Cabarria and Yamamoto Chemical Industry
      • The global capacity is around 400,000 MT and the demand is around 28,000 MT, hence supply crunch is not expected for next few years
      • China, Spain, France, and Thailand contribute to 93 percent of the global production
      • The Innovator company of Aspirin and the current major producer of Aspirin is in Europe. Europe is mature, in terms of the supply market. There are two CEP holders and two DMF holders in Europe. The price of Aspirin from Europe is 20–25 percent higher than Asia
      • APAC has the highest number of suppliers of Aspirin with 50 percent of the supply market share.
        The suppliers in India and China are of both medium and large scale. APAC suppliers have two active CEP and four active DMF suppliers of Aspirin

    Aspirin market report transcript

    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