The Canada API market was valued at $11,617.9 Million in 2025, and is projected to reach $17,184.8 Million by 2032 growing at a CAGR of 5.79% from 2026 to 2032. Captive API manufacturers segment is expected to be the highest contributor to this market, with $6,741.4 Million in 2025, and is anticipated to reach $9,372.6 Million by 2032, registering a CAGR of 4.85%. Merchant API manufacturers segment is anticipated to reach $7,812.2 Million by 2032 with the highest CAGR of 6.99%.
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