The global demand for Empty Capsule Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The empty capsule is used to store powder, herbs, and medicines. These are available in a variety of sizes, colours, and flavours. There are a total of ten standardised sizes, the most common size capsule used is 00 capsules. There are generally two types of empty capsules differentiated by the material by which they are made of gelatin and vegetarian. The most common is the gelatin capsules. They are made of animal by-products: from cow skin and others from horse hooves. For those who are reluctant in eating animal products, the alternative is vegetarian capsules. Vegetarian capsules are made from agar, a type of seaweed.
Growing health issues and advancements in capsule delivery technologies are steering the growth of market. The capsule is considered as a lucrative medicine delivery option as they tend to breakdown easily than tablet, offer faster relief, tasteless, and less likely to have an unpleasant taste or odour. The growing geriatric population will serve as a major driving factor. Rising incidence of serious illnesses and the inability of modern medicine to treat illness effectively, people are taking a more active approach as far as their health is concerned. There is now a growing demand for alternative medicines that is natural supplements which have proven to be effective in treating illnesses which were considered untreatable by mainstream medical practitioners. The increasing demand for natural health products has encouraged the development of new materials for those who require custom dietary supplements. The overall transforming scenario is making way for empty capsules. However, accessibility to other medicine delivery technologies is restraining the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of empty capsule.
The entire empty capsule market has been sub-categorized into product, functionality, size, application, and end user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Gelatin Capsules
- Vegetarian Capsule
- Immediate-Release Capsules
- Sustained-Release Capsules
- Delayed-Release Capsules
By End User
- Antibiotic & Antibacterial Drugs
- Dietary Supplements
- Antacid & Antiflatulent Preparations
- Antianemic Preparations
- Anti-Inflammatory Drugs
- Cardiovascular Therapy Drugs
- Cough & Cold Drugs
- Other Applications
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetic Industry
- Research Laboratories
This section covers regional segmentation which accentuates on current and future demand for empty capsule market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Empty Capsule Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the empty capsule market include Capsugel, Acg Worldwide, Qualicaps, Suheung Co., Ltd., Capscanada Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.