Key Market Indicators
India's antibiotics export is projected to reach approximately $1 billion by 2028, up from about $951 million in 2023. This marks an average annual growth rate of 1.3%. Over the past three decades, since 1993, the country's antibiotic supply has grown at an average rate of 2.2% per year. On the import front, India's antibiotics demand is expected to hit nearly $1.9 billion by 2028, rising from around $1.6 billion in 2023. This reflects an average annual growth rate of 2.2%. Since 1993, the nation's demand for antibiotics has increased by 2.4% annually.
