The Pharmaceutical Pellets Global Market Report 2023, provides comprehensive information on the pharmaceutical pellets market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Pharmaceutical Pellets Global Market Report 2023, the global pharmaceutical pellets market is expected to grow from $1.48 billion in 2022 to $1.66 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmaceutical pellets market is expected to reach $2.54 billion in 2027 at a CAGR of 11.2%.
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Product innovation is a key trend gaining popularity in the pharmaceutical pellets market. Companies operating in the pharmaceutical pellets market are focused on innovating new products to sustain their position in the market. For instance, in June 2021, Gilead Sciences Inc., a US-based biopharmaceutical company, received approval for the oral pellet version of Epclusa from the U.S. Food and Drug Administration. It is used for children who have a chronic hepatitis C infection. To improve the tolerability associated with palatability, oral pellets are administered once a day with food.
The pharmaceutical pellets market 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
North America was the largest region in the pharmaceutical pellets market in 2022.
The table of contents in TBRC’s pharmaceutical pellets market report includes:
1. Executive Summary
2. Pharmaceutical Pellets Market Characteristics
3. Pharmaceutical Pellets Market Trends And Strategies
4. Pharmaceutical Pellets Market – Macro Economic Scenario
5. Global Pharmaceutical Pellets Market Size and Growth
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26. South America Pharmaceutical Pellets Market
27. Brazil Pharmaceutical Pellets Market
28. Middle East Pharmaceutical Pellets Market
29. Africa Pharmaceutical Pellets Market
30. Pharmaceutical Pellets Market Competitive Landscape And Company Profiles
Top Major Players:
- Abbott Laboratories
- Takeda
- Boehringer Ingelheim
- Teva Pharmaceutical Industries Ltd
- Eisai Co. Ltd
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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