Tablet & pellets coating is among the pharmaceutical processes, which is continuing with advanced machinery technologies. The coating is a procedure by which an internal layer of coating material, a dry coat, is spread on the outer layer of a dosage form to converse specific profits over the uncoated part. These tablet and pellets coating include usage of a polymeric or sugar coat on the tablet and pellets. The advantages of tablet coating are odor masking, keeps the drug inside the stomach, taste masking, chemical, and physical protection. Tablet and pellet coating machine are used for film and sugar coating of pallets, tablets, granules, etc.
MARKET DYNAMICS
The tablet & pellet coating market is driving due to the advancement in tablet coating market, and increasing health awareness among consumers. However, government regulations and FDI authentication and health awareness among consumers about tablets and drugs are hindering the growth of overall tablet & pellet coating systems market. Moreover, tablet & pellet coating comprise of high end benefits such as it covers the unpleasant taste, color and odor, offers chemical and physical protection for the medicine (light, moisture and air), improves the appearance of tablets, makes it easier to swallow the tablets that boost the growth of the market for tablet & pellet coating.
MARKET SCOPE
The "Tablet & Pellet Coating Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of tablet & pellet coating market with detailed market segmentation by product type, and application. The tablet & pellet coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in tablet & pellet coating market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The tablet & pellet coating market is segmented on the basis of product type and application. Based on product type, the market is segmented as sugar coating, film coating, organic film coating and aqueous film coating. On the basis of application, the market is categorized food industry, pharmaceutical industry and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the tablet & pellet coating market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The tablet & pellet coating market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting tablet & pellet coating market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the tablet & pellet coating market in these regions.
MARKET PLAYERS
The report covers key developments in the tablet & pellet coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from tablet & pellet coating market are anticipated to have lucrative growth opportunities in the future with the rising demand for tablet & pellet coating in the global market. Below mentioned is the list of few companies engaged in the tablet & pellet coating market.
The report also includes the profiles of key players in tablet & pellet coating market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ACG Pharma Technologies
- Archer Daniels Midland
- Ashland
- Associated British Foods
- BASF
- Croda International
- Evonik Industries
- Roquette
- The Dow Chemical