Eurofarma Innovation and Growth Strategy
28
eurofarma
World Pharma Market Forecast
Change in Prognosis
The LATAM region is forecast to show the strongest growth at a CAGR of 12.6% between 2020 and 2025, while Japan is forecast to decline at a CAGR of 0.3%
4,8%
4,3%
World Total
Region
5-year CAGR (LC$)
■2020-2025 Previous Forecast
■2020-2025 Current Forecast
12,6%
10,4%
4,2%
4,1% 4,3%
4,8% 4,5%
3,5%
-0,6%-0,3%
North America
Europe (EU
countries)
South-East &
East Asia
Japan
10,9%
9,6%
9,5%
8,6%
6,3% 6,7%
6,2% 5,7%
4,8% 4,9%
2,5% 2,8%
Europe (non-
EU countries)
Indian Sub-
Continent
CIS
Africa
Middle East
Oceania
Latin America,
including the
Caribbean
Current Forecast (Published: Sep 2021)
2021 Annual Growth (LC$)
6.5%
4.8%
6.1%
-0.2%
15.9%
7.3%
15.4%
9.5%
3.4%
5.6%
2.5%
CAGR 2020-2025
4.2%
4.3%
4.5%
-0.3%
12.6%
6.7%
10.9%
8.6%
5.7%
4.9%
2.8%
Previous Forecast (Published: May 2021)
2021 Annual Growth (LC$)
5.1%
4.7%
7.0%
-0.8%
11.5%
6.8%
10.7%
12.0%
5.0%
4.8%
2.4%
CAGR 2020-2025
3.5%
4.1%
4.8%
-0.6%
10.4%
6.3%
9.6%
9.5%
6.2%
4.8%
2.5%
Source: IQVIA
Market Prognosis Global 2021-2025View entire presentation