The Middle East & Africa API market was valued at $3,983.3 Million in 2025, and is projected to reach $5,450.8 Million by 2032 growing at a CAGR of 4.62% from 2026 to 2032. Captive API manufacturers segment is expected to be the highest contributor to this market, with $2,395.6 Million in 2025, and is anticipated to reach $3,105.5 Million by 2032, registering a CAGR of 3.81%. Merchant API manufacturers segment is anticipated to reach $2,345.3 Million by 2032 with the highest CAGR of 5.76%.
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