Global Pharmaceutical Pellets Market Projected to Grow at 11.8% CAGR, Reaching $3.16 Billion by 2029

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What Will the Pharmaceutical Pellets Industry Market Size Be by 2025?
The scale of the pharmaceutical pellets market has expanded swiftly over recent years. The market is projected to increase from $1.82 billion in 2024 to $2.03 billion in 2025, witnessing a compound annual growth rate (CAGR) of 11.0%. The growth observed during the historic period is credited to factors such as increased oral dosage forms, improved patient compliance, initiatives in pharmaceutical research, efforts towards taste-masking and stability enhancement, and regulatory approvals and patents.

What's the Long-Term Growth Forecast for the Pharmaceutical Pellets Market Size Through 2029?
In the foreseeable future, the pharmaceutical pellets market is projected to experience a swift expansion. The market is set to reach a value of $3.16 billion by 2029, registering a compound annual growth rate (CAGR) of 11.8%. Factors contributing to this growth during the forecast period include the burgeoning demand for pediatric dosage forms, multi-particulate dosage forms, and advancements in the development of combination therapy dosage forms. Other factors include continuous manufacturing progress and a heightened focus on geriatric dosage forms. Key trends predicted to stir the market during this period include the integration of 3D printing technologies, their application in personalized nutrition, the development of smart coatings for real-time monitoring, orally disintegrating pellets, and biodegradable and eco-friendly pellets.

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What Are the Key Growth Drivers Fueling the Pharmaceutical Pellets Market Expansion?
The pharmaceutical pellets market is expected to expand due to the escalating occurrence of chronic diseases. Usually, these diseases persist for a year or more, necessitate continuous medical attention and can limit ordinary activities. Implementing pharmaceutical pellets in the treatment of chronic illnesses can be advantageous as they reduce gastrointestinal issues and augment drug absorption. As cited by the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, in January 2023, by 2050, there will be a 99.5% increase in individuals aged 50 and above suffering from at least one chronic disease, shooting up from 71.522 million in 2020 to 142.66 million. Hence, the rising incidence of chronic diseases is fueling the growth of the pharmaceutical pellets market.

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What Are the Key Trends Driving Pharmaceutical Pellets Market Growth?
The pharmaceutical pellets market is seeing an increasing trend in product innovation. Pharmaceutical pellets companies are innovating new products to maintain their market standing. For example, in May 2024, the US-based engineering firm, Schedio SA, introduced the High Potent Pilot Particle Engineering Platform. This sophisticated platform can accommodate up to 465 configurations and is compatible with jet mills and spray dryers, aiming to improve particle engineering for high-potency drugs in the pharmaceutical sector. It comes with high containment and easy-to-use controls, meant to guarantee precision, safety, and compliance with regulations in the manufacturing processes of pharmaceuticals.

How Is the Pharmaceutical Pellets Market Segmented?
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 Companies Are Leading the Charge in Pharmaceutical Pellets Market Innovation?
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

Which Regions Are Leading the Global Pharmaceutical Pellets Market in Revenue?
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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