The new report by Expert Market Research titled, ‘Global Empty Capsules Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global empty capsules market, assessing the market based on its segments like type, functionality, raw materials, applications, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://bityl.co/Cjk8
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 1.98 billion
- Forecast CAGR (2021-2026): 7%
- Forecast Market Size (2026): USD 2.97 billion
The increasing emphasis of doctors and patients on superior pharmaceutical products and generics has increased the demand for empty capsules. Several factors are expected to drive the impressive growth of empty capsules in the region as the pharmaceutical manufacturing sector expands in developing countries. Market growth is also driven by the growing pool of patients in these regions. The advancement of innovative technologies such as capsule-in-capsule delivery has helped to achieve considerable market penetration. The COVID-19 pandemic has been a major driver for this market as the demand for immunity boosters and associated medicines has been growing rapidly.
Industry Definition and Major Segments
Stable shells that encapsulate drugs are called empty capsules. They are delivered as dosages in a number of ways. In the coming years, the market for vegetable/non-gelatine capsules is expected to grow. This may be due to the growing preference of natural or non-animal-based capsules among consumers.
Explore full report with table of contents: https://bityl.co/Cjk6
Based on type, the industry for empty capsules is segmented into:
- Gelatine capsules
- Hard Gelatine
- Soft Gelatine
- Non-Gelatine Capsules
On the basis of raw materials used in empty capsules, the industry is segmented into:
- Porcine
- Bovine
- Bone
- Hydroxypropyl Methylcellulose (HPMC)
- Starch Material
- Others
On the basis of functionality, the industry is segmented into:
- Immediate-Release Capsules
- Sustained-Release Capsules
- Delayed-Release Capsules
On the basis of application, the industry is segmented into:
- Antibiotic and Antibacterial Drugs
- Dietary Supplements
- Antacid and Anti-flatulent Preparations
- Cardiovascular Therapy Drugs
- Other
On the basis of end use, the industry is segmented into:
- Pharmaceutical
- Nutraceutical
- Cosmetics
- Others
The regional markets for the empty capsules include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The main driver of the industry has been the rising prevalence of capsules over other forms of drug delivery. Another main factor is a rise in strategic partnerships between suppliers of empty capsules and producers of gelatin. The rising adoption of capsules among the growing geriatric population is driving the growth of the industry. It is expected that easy access to generics and increased affordability in developing economies will drive the demand in these areas. Furthermore, rapid advances in capsule delivery technologies are expected to contribute to the growth of the industry.
Key Market Players
The major players in the market for empty capsules are Cupsugel (Lonza Group Ltd), ACG Group, Qualicaps (Mitsubishi Chemical Corporation), Capscanada (Lyfe Group Co.), Roxlor Group, and Suheung Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Read More Reports:
Global Generic Injectables Market: https://redskins101.com/global-generic-injectables-market-is-to-be-driven-by-the-growing-prevalence-of-lethal-and-chronic-diseases-across-the-world-in-the-forecast-period-of-2021-2026/
Global Flat Glass Market: https://redskins101.com/global-flat-glass-market-to-be-driven-by-demand-from-increasing-product-demand-in-automotive-and-construction-industries-in-the-forecast-period-of-2021-2026/
United States Powder Coatings Market: https://redskins101.com/united-states-powder-coatings-market-to-be-driven-by-the-rising-demand-from-automotive-industry-forecast-period-of-2021-2026/
United States E-Cigarette and Vape Market: https://redskins101.com/united-states-e-cigarette-and-vape-market-to-be-driven-by-the-rising-demand-for-tobacco-alternatives-in-the-region-in-the-forecast-period-of-2020-2025/
United States Medical Cannabis Market: https://redskins101.com/united-states-medical-cannabis-market-to-be-driven-by-the-ageing-population-in-the-region-in-the-forecast-period-of-2021-2026/
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Media Contact
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Phone: +1-415-325-5166
Address:30 North Gould Street
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com