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Aspirin
Market, Supplier, Risk and
Competitive Intelligence

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  • PRO access to New Beroe LiVE*
  • Category Report with unlimited updates*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai

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Manage Aspirin Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Aspirin related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Aspirin to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Aspirin related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Aspirin to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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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

CAGR

6 percent

Europe

11.5 KT

APAC

14 KT

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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