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In 2024, key companies like Fette Compacting, GEA, IMA Group, Korsch and LFA held a combined market share of 25%-30%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Competition is influenced by technological innovation, cost-effectiveness, regulatory compliance, after-sales support, and geographic reach. Leading companies like Korsch, Fette Compacting, IMA Group, and GEA offer advanced, customizable, and high-quality tablet press machines to meet the diverse needs of the pharmaceutical, nutraceutical, and food industries.
Major players operating in the tablet press machines industry are:
The global market for tablet press machines was reached USD 1.5 billion in 2024 and is projected to grow at a 5.3% CAGR from 2025 to 2034, driven by increased pharmaceutical manufacturing and rising healthcare expenditures.
The multiple station machine segment generated USD 1.1 billion in 2024 and is expected to grow at a 5.4% CAGR from 2025 to 2034, as these machines enable high-volume tablet production, making them ideal for large-scale manufacturing.
The U.S. tablet press machines market exceeded USD 330 million in 2024 and is projected to grow at a 5.3% CAGR from 2025 to 2034, fueled by advancements in technology, rising over-the-counter drug production, and growing investments in biopharmaceuticals.
Key players in the industry include CECLE Machine, Fette Compacting, GEA, IMA Group, Korsch, LFA, Lodha International, Natoli Engineering, RIVA, Romaco, SaintyCo, SED Pharma, Stokes Tablet Presses, Syntegon Technology, and Tablet Press Company.
The pharmaceutical segment accounted for 66% of the tablet press machines market in 2024 and is anticipated to grow at a 5.6% CAGR from 2025 to 2034, propelled by the increasing adoption of tablets as a preferred dosage form.