Lucintel Forecasts the Global Tablet Press Machine Market to Reach $ 1.51 billion by 2030


Posted October 20, 2023 by Lucintel

According to a market report by Lucintel, the future of the global tablet press machine market looks promising with opportunities in the pharmaceutical and food markets

 
According to a market report by Lucintel, the future of the global tablet press machine market looks promising with opportunities in the pharmaceutical and food markets. The global tablet press machine market is expected to reach an estimated $1.51 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rising demand for pharmaceutical and nutraceutical products across the globe and increasing need for efficient and advanced tablet manufacturing processes.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in tablet press machine market to 2030 by product type (single type tablet press, flower basket type tablet press, and rotary tablet press), application (pharmaceutical industry and food industry), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, single type tablet press, flower basket type tablet press, and rotary tablet tablet press are the major segments of tablet press machine market by product type. Lucintel forecasts that rotary tablet press will remain the largest segment over the forecast period due to its most efficient and versatile features.

Within this market, pharmaceutical industry will remain the largest segment due to high usage of tablets as the most common form of oral solid dosage form.

North America will remain the largest segment over the forecast period due to due to the presence of a large number of pharmaceutical companies in the region.

Fette, Korsch, Stokes, Romaca, GEA, Bosch, and IMA Pharma are the major suppliers in the tablet press machine market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags tablet press machine market
Last Updated October 20, 2023