Pharmaceutical Pellets Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
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How has the pharmaceutical pellets market grown in recent years?
The market size for pharmaceutical pellets has witnessed a significant expansion lately. The market is anticipated to progress from a valuation of $1.82 billion in 2024 to a staggering $2.03 billion in 2025, increasing at a compound annual growth rate (CAGR) of 11.0%. The remarkable increase during the historical period can be tied back to factors such as the surge in oral dosage forms, an emphasis on patient compliance, initiatives taken in pharmaceutical research, endeavours for taste-masking and stability, regulatory endorsements, and patents.
How is the pharmaceutical pellets market size expected to evolve during the forecast period?
Expectations indicate a speedy expansion in the size of the pharmaceutical pellets market over the coming years. By 2029, estimates suggest its worth will climb to $3.16 billion with a compound annual growth rate (CAGR) of 11.8%. This predicted growth in the forecast period is often linked to various factors such as the mounting demand for pediatric dosage forms, multi-particulate dosage forms, the evolution of combination therapy dosage forms, advancements in continuous manufacturing and an emphasis on geriatric dosage forms. Future trends for the forecast period include the incorporation of 3D printing technologies, their use in personalized nutrition, smart coatings capable of real-time monitoring, orally disintegrating pellets, and biodegradable as well as eco-friendly pellets.
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Which key drivers are propelling the pharmaceutical pellets market’s growth?
The escalating occurrence of long-term illnesses is projected to fuel the expansion of the pharmaceutical pellets market in the future. Long-term illnesses refer to conditions that persist for a minimum of one year, requiring ongoing medical attention, impeding daily activities, or both. The application of pharmaceutical pellets can prove advantageous in managing chronic diseases as they mitigate issues related to digestion and facilitate better drug assimilation. For example, in January 2023, the National Center for Biotechnology Information (NCBI), a National Library of Medicine based in the US, predicted that by 2050, there would be a 99.5% increase in individuals aged 50 or older suffering from at least one chronic disease. This translates to a rise from 71.522 million in 2020 to 142.66 million. Consequently, the rising incidence of chronic diseases is spearheading the growth of the pharmaceutical pellets market.
What are the market segments in the pharmaceutical pellets industry?
The pharmaceutical pellets market covered in this report is segmented –
1) By Technology: Extrusion, Fluid Bed Granulation, Dry Powder Layering, Solution And Suspension Layering, Spray Congealing, Spray Drying
2) By Mechanism Of Action: Diffusion, Erosion, Osmosis
3) By Technique: Direct, Melt, Wet, Dry
4) By End-User: Pharmaceutical, Nutraceutical
Subsegments:
1) By Extrusion: Melt Extrusion, Solvent-Based Extrusion
2) By Fluid Bed Granulation: Top-Spray Granulation, Bottom-Spray Granulation
3) By Dry Powder Layering: Powder Layering On Inert Cores, Coating Techniques
4) By Solution And Suspension Layering: Solution Layering, Suspension Layering
5) By Spray Congealing: Hot Melt Spraying, Cooling Methods
6) By Spray Drying: Single-Stage Spray Drying, Multi-Stage Spray Drying
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Which leading companies are shaping the growth of the pharmaceutical pellets market?
Major companies operating in the pharmaceutical pellets market include Abbott Laboratories, Takeda, Boehringer Ingelheim, Teva Pharmaceutical Industries Ltd., Eisai Co. Ltd., Colorcon Inc., Nordic Sugar AB, Pfizer, Merck & Co., Manus Aktteva Biopharma LLP, Thexa Pharma (P) Limited, Avanscure Lifesciences Private Limited, MB Sugars & Pharmaceuticals Limited, CIL Laboratories Pvt Ltd, Sainor Pharma Pvt Ltd, Umang Pharmatech Pvt Ltd, Nami Lifesciences Pvt Ltd, Lograns Pharma Private Limited, Rainbow Health Care Products, Chemit Laboratories, Concord Drugs Limited, Pharmaceuticals Private Limited, Nanjing Joyfulchem Co. Ltd., Praful International Corporation, Pellets Pharma Limited, A B Enterprises, Vision Pharmacoat Pvt Ltd, Spansules Pharma, Ravoos Laboratories Ltd
What key trends are currently impacting the pharmaceutical pellets market’s development?
Gaining traction in the pharmaceutical pellets market, product innovation is a key trend. To maintain their market stance, companies in the pharmaceutical pellets marketplace are concentrating on the innovation of new products. For example, in May 2024, Schedio SA, an engineering firm from the US, introduced the High Potent Pilot Particle Engineering Platform. This state-of-the-art platform, compatible with both spray dryers and jet mills, is tailored to boost particle engineering for high-potency compounds within the pharmaceutical field. Its design incorporates high containment and user-friendly controls, ensuring safety, accuracy, and adherence to regulations in pharmaceutical production processes.
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Which geographic areas are influencing the growth of the pharmaceutical pellets market?
North America was the largest region in the pharmaceutical pellets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical pellets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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