Morocco Pharmaceuticals Industry Market Report
- The Trade Adviser
- Jun 2, 2024
- 1 min read
Updated: Jun 7
The pharmaceuticals industry in Morocco is a critical component of the national economy, facilitating healthcare delivery, job creation, and export growth. As of 2023, the pharmaceuticals sector is valued at approximately USD 2.5 billion, with drug manufacturing, distribution, and export activities being the primary components (source: Moroccan Ministry of Health).
The sector has seen an annual growth rate of 7% over the past five years, driven by government initiatives, foreign investments, and increasing demand for healthcare products.
