Market Overview:
The global tablet and pellet coating market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coated tablets and pellets across different applications. In terms of type, the sugar coating segment is expected to dominate the market during the forecast period. This can be attributed to its properties such as taste enhancement, prevention of sticking, and protection against moisture and other environmental factors.
Product Definition:
Tablet and Pellet Coating is the process of applying a coating material to tablets or pellets. The coating material can be a variety of substances, including, but not limited to: pharmaceuticals, colorants, sweeteners, flavorings, and binders. The purpose of tablet and pellet coating is to improve the quality of the product by protecting it from environmental factors (such as humidity), increasing its shelf life, masking its taste or odor profile, and/or improving its dissolution profile.
Sugar Coating:
Sugar coating is a method of applying a thin layer of sugar to the surface of tablets and pellets. It helps in increasing the shelf life and taste, color, and flavor of the product. The process also helps in reducing drug degradation during storage as well as improves its palatability.
Film Coating:
Film coating is a method of applying a thin film of coating material on the surface of the raw material. The most commonly used materials are polyester, epoxy, polyurethane and acrylic. This process is widely used in food & beverage industry for packaging purpose where it helps to preserve freshness and nutritional value of food products by preventing oxidation and UV rays from destroying its content.
Application Insights:
The tablet coating segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. Growing demand for tablets with high durability, scratch resistance, and anti-fingerprint properties are anticipated to drive the segment growth. In addition, increasing production of tablets coupled with growing demand from other application areas such as pharmaceuticals & healthcare is projected to propel industry expansion over the coming years.
Pellet coatings are primarily used in wood pellet stoves and fireplaces for enhancing heat retention ability of pellet fuel without burning it up. The product has a high thermal efficiency which enables users to burn less fuel while maintaining temperature inside stoves/fireplaces resulting in lower carbon emissions into environment as well as reduced cost associated with it.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries such as food & beverage, pharmaceuticals, and automotive. Furthermore, increasing foreign direct investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
The growing manufacturing sector in India is likely to benefit tablet coating manufacturers owing to high production volumes of tablets across various therapeutic categories such as anti-malarials for malaria treatment, antibiotics for infections treatment, cholesterol lowering drugs for heart patients along with other nonprescription products used by adults and children alike including nutritional supplements and herbal medicines.
Growth Factors:
- Increasing demand for tablets and pellets from pharmaceutical and nutraceutical industries
- Growing demand for coatings with improved properties, such as taste masking, controlled release, and enhanced bioavailability
- Rising popularity of coated tablets and pellets in emerging markets
- Technological advancements in tablet coating equipment and processes
- Growing focus on research & development to develop novel coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Tablet and Pellet Coating Market Research Report
By Type
Sugar Coating, Film Coating
By Application
Tablet Coating, Pellet Coating
By Companies
Ashland, BASF, Dupont Nutrition & Biosciences, Roquette, Evonik, Associated British Foods, Lubrizol, Croda International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Tablet and Pellet Coating Market Report Segments:
The global Tablet and Pellet Coating market is segmented on the basis of:
Types
Sugar Coating, Film Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tablet Coating, Pellet Coating
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ashland
- BASF
- Dupont Nutrition & Biosciences
- Roquette
- Evonik
- Associated British Foods
- Lubrizol
- Croda International
Highlights of The Tablet and Pellet Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sugar Coating
- Film Coating
- By Application:
- Tablet Coating
- Pellet Coating
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tablet and Pellet Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tablet and pellet coating is a process that applies a thin, uniform film of paint or other material to the surface of an object. The film can be made from liquid, powder, or gas-based materials.
Some of the key players operating in the tablet and pellet coating market are Ashland, BASF, Dupont Nutrition & Biosciences, Roquette, Evonik, Associated British Foods, Lubrizol, Croda International.
The tablet and pellet coating market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tablet and Pellet Coating Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Tablet and Pellet Coating Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tablet and Pellet Coating Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Tablet and Pellet Coating Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Tablet and Pellet Coating Market Size & Forecast, 2020-2028 4.5.1 Tablet and Pellet Coating Market Size and Y-o-Y Growth 4.5.2 Tablet and Pellet Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sugar Coating
5.2.2 Film Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tablet Coating
6.2.2 Pellet Coating
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tablet and Pellet Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tablet and Pellet Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sugar Coating
9.6.2 Film Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tablet Coating
9.10.2 Pellet Coating
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sugar Coating
10.6.2 Film Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tablet Coating
10.10.2 Pellet Coating
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sugar Coating
11.6.2 Film Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tablet Coating
11.10.2 Pellet Coating
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sugar Coating
12.6.2 Film Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tablet Coating
12.10.2 Pellet Coating
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sugar Coating
13.6.2 Film Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tablet Coating
13.10.2 Pellet Coating
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tablet and Pellet Coating Market: Competitive Dashboard
14.2 Global Tablet and Pellet Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 BASF
14.3.3 Dupont Nutrition & Biosciences
14.3.4 Roquette
14.3.5 Evonik
14.3.6 Associated British Foods
14.3.7 Lubrizol
14.3.8 Croda International