North America & Europe complex granulation equipment market is estimated to grow 1.5x between 2024 and 2032 creating an absolute $ opportunity of more than USD 1,446.9 million. This growth is mainly driven by the increasing demand from the pharmaceutical and chemical industries for advanced processing technologies. This expansion reflects the rising investments in manufacturing automation and stringent quality standards across these regions. The increasing demand for high-precision granulation in the pharmaceutical and nutraceutical sectors is driving significant growth in this field. This demand is primarily focused on improving product consistency and bioavailability. Additionally, advancements in automated and continuous granulation technologies are transforming production processes, resulting in enhanced efficiency, scalability, and improved adherence to regulatory compliance standards.
Demand drivers: the ongoing expansion of oral solid dosage manufacturing in the pharmaceutical sector, increased usage in nutraceuticals, food, and chemicals, a growing interest in continuous manufacturing, and a rising demand for turnkey and flexible lines, particularly in the Asia-Pacific region.
Technology & buying trends: Continuous processing refers to methods such as constant fluid-bed granulation and continuous direct compression: comprehensive turnkey systems and modular production lines, from pilot to full-scale manufacturing. In-line process analytical technology (PAT), near-infrared (NIR) spectroscopy, and digital monitoring are essential for effective process control and quality assurance (QA). Sustainability and energy efficiency in drying and granulation systems.
In 2021, the complex granulation equipment market declined and witnessed a YoY of 0.8% in 2021, compared to 3.5% of YoY in 2020. The pharmaceutical industry is undergoing a shift towards continuous manufacturing approaches, driven by regulatory support and a desire to enhance manufacturing flexibility, reduce costs, and improve supply chain efficiency. Continuous granulation equipment facilitates the seamless integration of various process steps, including blending, granulation, drying, and coating, resulting in streamlined operations and reduced waste generation.
FutureWise Market Research has released a report that provides an intricate analysis of the Complex Granulation Equipment Market trends that will impact overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share, and regional proliferation of this business. Moreover, the report provides insights into the current stature of prominent market players within the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Complex Granulation Equipment Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.