Global Pharmaceutical Pellets Market Size is valued at USD 2.1 Billion in 2024 and is predicted to reach USD 6.0 Billion by the year 2034 at a 10.9% CAGR during the forecast period for 2025-2034.
Pellets or granules are free-flowing units created by agglomeration processes in capsules. Fine powders are transformed into fine particles using agglomeration processes. Compared to alternative dosage forms, these particles have various advantages, including the ability to administer multiple medications in a single dose, disguise the desired drug aftertaste, and improve patient compliance with drug administration.
Furthermore, medication pellets have a wide range of applications in the pharmaceutical industry since they can improve the appearance of drugs and are compatible with chemically incompatible drugs. The rising prevalence of chronic disorders is propelling the pharmaceutical pellets industry forward. Furthermore, increased government spending on healthcare programs and infrastructure is supporting the expansion of the pharmaceutical pellet market.
However, the COVID-19 pandemic has impacted every other industry's supply chain. The healthcare industry is expected to rise by double digits by 2025. This, in turn, has offered attractive prospects for new entrants and emerging market players.
The Pharmaceutical Pellets Market is segmented on the basis of technology and mechanism of action. The Technology segment includes dry powder layering, extrusion, fluid bed granulation, solution & suspension layering, spray congealing, and spray drying. The mechanism of action segment includes diffusion, erosion, and osmosis.
The extrusion category is expected to hold a major share of the global Pharmaceutical Pellets Market in 2024. Extrusion is one of the most used methods for producing pellets. Extrusion is a multi-stage process that produces uniform-sized pellets. Dry mixing to achieve homogeneity is one of the key steps, followed by wet mixing to form an appropriate plastic mass. Another recent method that has gotten a lot of interest in solution and suspension layering. The pellets or particles are formed consistently in this procedure, resulting in excellent surface morphology. The solutions and suspension layering category has grown over time, contributing to the expansion of its market share.
The diffusion segment is projected to grow at a rapid rate in the global pharmaceutical pellets market. It is the most often utilized method for releasing drugs from pellets. Diffusion is the most precise and effective technique for the creation of medicinal pellets. Over the projected period, the osmosis segment is expected to grow steadily and profitably.
The North America Pharmaceutical Pellets Market is expected to register the most increased market share in terms of revenue shortly. Pharmaceutical pellets market expansion is being fueled by the rise in R&D activities in the pharmaceutical sector as well as rising expenditure on healthcare infrastructure. Because of the growing number of elderly individuals, the Asia Pacific area is predicted to develop rapidly during the projection period. Furthermore, increased government investments to improve the country's healthcare environment boost market growth. Meanwhile, the growing availability of biopharmaceuticals is driving market expansion in the region.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 2.1 Billion |
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Revenue Forecast in 2034 |
USD 6.0 Billion |
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Growth rate CAGR |
CAGR of 10.9% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn,and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments Covered |
Technology And Mechanism of Action |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Abbott Laboratories, Avanscure Lifesciences Private Limited, Concord Drugs Limited, Chemit Laboratories, Colorcon Inc., Lograns Pharma Private Limited, MB Sugars & Pharmaceuticals Limited, Manus Aktteva Biopharma LLP, Nanjing Joyfulchem Co. Ltd., Nordic Sugar, Nami Pharma, Pharmaceuticals Private Limited, Rainbow Health Care Products, Thexa Pharma (P) Limited, and U.K. Vet Chem. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Pharmaceutical Pellets Market Snapshot
Chapter 4. Global Pharmaceutical Pellets Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Technology Estimates & Trend Analysis
5.1. by Technology & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Technology:
5.2.1. Dry Powder Layering
5.2.2. Extrusion
5.2.3. Fluid Bed Granulation
5.2.4. Solution & Suspension Layering
5.2.5. Spray Congealing
5.2.6. Spray Drying
Chapter 6. Market Segmentation 2: by Mechanism of Action Estimates & Trend Analysis
6.1. by Mechanism of Action & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Mechanism of Action:
6.2.1. Diffusion
6.2.2. Erosion
6.2.3. Osmosis
Chapter 7. Pharmaceutical Pellets Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
7.1.2. North America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Mechanism of Action, 2021-2034
7.1.3. North America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
7.2. Europe
7.2.1. Europe Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
7.2.2. Europe Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Mechanism of Action, 2021-2034
7.2.3. Europe Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
7.3. Asia Pacific
7.3.1. Asia Pacific Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
7.3.2. Asia Pacific Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Mechanism of Action, 2021-2034
7.3.3. Asia Pacific Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
7.4. Latin America
7.4.1. Latin America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
7.4.2. Latin America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Mechanism of Action, 2021-2034
7.4.3. Latin America Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
7.5. Middle East & Africa
7.5.1. Middle East & Africa Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2021-2034
7.5.2. Middle East & Africa Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by Mechanism of Action, 2021-2034
7.5.3. Middle East & Africa Pharmaceutical Pellets Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Abbott Laboratories
8.2.2. Avanscure Lifesciences Private Limited
8.2.3. Concord Drugs Limited
8.2.4. Chemit Laboratories
8.2.5. Colorcon Inc.
8.2.6. Lograns Pharma Private Limited
8.2.7. MB Sugars & Pharmaceuticals Limited
8.2.8. Manus Aktteva Biopharma LLP
8.2.9. Nanjing Joyfulchem Co. Ltd.
8.2.10. Nordic Sugar
8.2.11. Nami Pharma
8.2.12. Pharmaceuticals Private Limited
8.2.13. Rainbow Health Care Products
8.2.14. Thexa Pharma (P) Limited
8.2.15. U.K. Vet Chem
8.2.16. Other Prominent Players
Pharmaceutical Pellets Market By Technology-
Pharmaceutical Pellets Market By Mechanism of Action-
Pharmaceutical Pellets Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
