Empty Capsules Market is estimated to be US$ 5.00 Billion in 2030 at a CAGR 7.50% during the forecast period.

 



Empty capsules market accounted for US$ 2.42 billion in 2020 and is estimated to be US$ 5.00 billion by 2030 and is anticipated to register a CAGR of 7.50%. Empty is oral dosage forms, based on the type of manufacturing materials. Capsules are better than tablet because, there is no binding agent involved in keeping pill together. Capsules are either in form of soft or hard gels. Both the soft and hard gelatin are widely used in as empty capsules. Empty capsules are available in five sizes, and these capsules are differentiated on the basis of the amount of active pharmaceutical ingredient they can hold.

The report " Global Empty Capsules Market, By Product Type (Gelatin Capsules (Pig Meat Gelatin, Bovine Meat Gelatin, Bone-derived Gelatin, and Others), Non-gelatin Capsules (Hydroxypropyl Methyl Cellulose (HPMC), Pullulan, and Starch Material), By Application (Antibiotics, Vitamins, Anti-inflammatory, Anti-anemic, and Others), By End User (Pharmaceutical Drugs Manufactures, Nutraceutical Products Manufactures, Cosmetics Products Manufactures, and Research Organizations) and Region (North America, Europe, Asia Pacific Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

·         In 2021, Nutra’V TiO2 launched a replacement range of TiO2-free capsules. Available both in gelatin and HPMC and with excellent machinability, this range of capsules offers the simplest encapsulation solution for ingredient masking.

·         In 2019, ACG acquired Xertecs, Xertecs develops and implements processes, products, and services for pharma companies across the world . Its acquisition added to ACG’s capabilities.

Analyst View:

Growing advantages of capsules over the conventional solid dosages forms, combined with introduction of different types of materials for manufacturing of capsules such as vegetarian capsules is supporting growth of empty capsules market, over the forecast period. Vegetarian capsules are made from plant source which offers several advantages over gelatin capsules. As vegetarian capsules cause lesser allergies as compared to other forms. Thereby demand for vegetarian capsules is expected to grow significantly over the forecast period.

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Key Market Insights from the report:

The global empty capsules market accounted for US$ 2.42 billion in 2020 and is estimated to be US$ 5.00 billion by 2030 and is anticipated to register a CAGR of 7.50%. The global empty capsules market has been segmented on the basis of product type, application, end user, and region.

·         By Product Type, the market is segmented into gelatin capsules and non-gelatin capsules.

·         By Application, the market is segmented into antibiotics, vitamins, anti-inflammatory, anti-anemic, and others.

·         By End-User, the market is segmented into pharmaceutical drugs manufactures, nutraceutical products manufactures, cosmetics products manufactures, and research organizations.

·         By Region, the Global Diabetic Neuropathy Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

Some of the prominent players operating in the global empty capsules market include ACG Associated Capsules Pvt. Ltd., Capsugel manufacturing, Inc., CapsCanada Corporation, Medicaps Ltd., Qualicaps, Inc., Shanxi JC Biological Technology Co., Patheon, Inc., Roxlor LLC, and Sunil Healthcare Ltd.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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