Global Oral Thin Films Market to Reach $8.5 Billion by 2030
The global market for Oral Thin Films estimated at US$3.8 Billion in the year 2023, is expected to reach US$8.5 Billion by 2030, growing at a CAGR of 12.3% over the period 2023-2030. Sublingual Film, one of the segments analyzed in the report, is expected to record 11.6% CAGR and reach US$3.6 Billion by the end of the analysis period. Growth in the Fast Dissolving Dental/Buccal Film segment is estimated at 12.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 11.8% CAGR
The Oral Thin Films market in the U.S. is estimated at US$1.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.7% and 10.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.
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