Global Empty Capsules Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 3.03 Billion |
 Market Size (Forecast Year) |
USD 5.78 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Empty Capsules Market Segmentation, By Type (Gelatine Capsules and Non-Gelatine Capsules), Functionality (Immediate-Release Capsules, Sustained-Release Capsules and Delayed-Release Capsules), Application (Antibiotic and Antibacterial Drugs, Dietary Supplements, Antacid, and Antiflatulent Preparations, Antianemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Cough and Cold Drugs and Other Applications), End User (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry and Research Laboratories) - Industry Trends and Forecast to 2031.
Empty Capsules Market Analysis
According to the World Health Organization (WHO), chronic diseases such as cardiovascular disease, cancer, respiratory disease, and diabetes would account for 17.9 million, 9.3 million, 4.1 million, and 1.5 million deaths worldwide in 2021. Therapeutic medications are enclosed in hard and soft gelatin empty capsules, increasing the demand for capsule production and propelling the market for empty capsules forward.
Empty Capsules Market Size
Global empty capsules market size was valued at USD 3.03 billion in 2023 and is projected to reach USD 5.78 billion by 2031, with a CAGR of 8.4% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes |
Empty Capsules Key Market Insights |
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Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Key Market Players |
ACG. (India), CapsCanada (Canada), Bright Pharma Caps (US), Lonza (Switzerland), SavoiurCaps (India), Comed Chemicals Limited. (India), NATURAL CAPSULES LIMITED (India), Wuhan Carma Technology Co., Ltd. (China), Goerlich Pharma GmbH (Germany), NecLife Lifesciences Ltd (India), HealthCaps India Ltd. (India), Erawat Pharma Limited. (India), QUALICAPS (US), SUHEUNG co., ltd. (South Korea), Fortcaps. (India), SNAIL PHARMA INDUSTRY. (China), Roxlor (US), Sunil Healthcare Limited. (India), H & CARE Incorp. (India) and SHAOXING KANGKE CAPSULE CO.,LTD (China). |
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Market Opportunities |
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Empty Capsules Market Definition
Empty capsules are commonly used to store powders, medications, and botanicals. When compared to tablets, capsules are easier to swallow. Pharmaceutical companies use it to make a variety of therapeutic medications.
Empty Capsules Market Dynamics
Drivers
- Growing demand for nutraceuticals
Noncommunicable diseases such as cancer, diabetes, heart disease, and lung disease are becoming more common demanding the nutraceuticals.
- Increase in the awareness regarding the benefits of capsules
More people are becoming aware of the advantages of capsules over tablets, such as improved drug absorption, tamper resistance, and tastelessness.
- Increase in the aging population
Because the older population is more susceptible to diseases and major consequences, pharmaceutical product adoption will skyrocket, affecting the business of empty capsules providers around the world.
Opportunities
In addition, the capsule manufacturing units will receive more investment from commercial and government sources and an increase in research and development activities for the creation of capsule-encased medicinal medicines are further estimated to provide potential opportunities for the growth of the empty capsules market in the coming years.
Restraints/Challenges
On the other hand, the variations in the costs of gelatine materials is further projected to impede the growth of the empty capsules market in the targeted period. However, the strict regulations in the pharmaceutical industry might further challenge the growth of the empty capsules market in the near future.
This empty capsules market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the empty capsules market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Empty Capsules Market
The COVID-19 had a negative impact on the empty capsules market. Due to supply chain disruptions and government constraints imposed on industrial units, the COVID-19 pandemic had a severe influence on this market. COVID-19 capsule exports fell by 33.0% in 2020, according to connect2india as compared to 2019. The pandemic, on the other hand, is predicted to boost the growth of the empty capsules market in the future years.
Empty Capsules Market Scope
The empty capsules market is segmented on the basis of type, functionality, application, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Gelatine Capsules
- Non-Gelatine Capsules
On the basis of type, the empty capsules market is segmented into gelatine capsules and non-gelatine capsules. Gelatine capsules segment is further sub segmented into pig meat gelatine, bovine-derived gelatine, bone meal, and other gelatine sources. Non-gelatine capsules is further sub segmented into hydroxypropyl methylcellulose (HPMC) and pullulan and starch material.
Functionality
- Immediate-Release Capsules
- Sustained-Release Capsules
- Delayed-Release Capsules
On the basis functionality, the empty capsules market is segmented into immediate-release capsules, sustained-release capsules, and delayed-release capsules.
Application
- Antibiotic and Antibacterial Drugs
- Dietary Supplements
- Antacid, and Antiflatulent Preparations
- Antianemic Preparations
- Anti-Inflammatory Drugs
- Cardiovascular Therapy Drugs
- Cough and Cold Drugs
- Other Applications
On the basis of application, the empty capsules market is segmented into antibiotic and antibacterial drugs, dietary supplements, antacid and antiflatulent preparations, antianemic preparations, anti-inflammatory drugs, cardiovascular therapy drugs, cough and cold drugs, and other applications.
End User
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetic Industry and Research Laboratories
On the basis of end user, the empty capsules market is segmented into pharmaceutical industry, nutraceutical industry, cosmetic industry, and research laboratories.
Empty Capsules Market Regional Analysis
The empty capsules market is analysed and market size insights and trends are provided by country, type, functionality, application, and end user as referenced above.
The countries covered in the empty capsules market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the empty capsules market due to the rise in the expenses for research and development activities for pharmaceutical drugs. Furthermore, the growing cases of diabetes will further boost the growth of the empty capsules market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the empty capsules market due to the growing patient pool. Moreover, the rise in the expenses on healthcare infrastructure is further anticipated to propel the growth of the empty capsules market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The empty capsules market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for empty capsules market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the contraceptive devices market. The data is available for historic period 2010-2020.
Empty Capsules Market Share
The contraceptive devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to empty capsules market.
Empty Capsules Market Leaders Operating in the Market Are:
- ACG. (India)
- CapsCanada (Canada)
- Bright Pharma Caps (US)
- Lonza (Switzerland)
- SavoiurCaps (India)
- Comed Chemicals Limited. (India)
- NATURAL CAPSULES LIMITED (India)
- Wuhan Carma Technology Co., Ltd. (China)
- Goerlich Pharma GmbH (Germany)
- NecLife Lifesciences Ltd (India)
- HealthCaps India Ltd. (India)
- Erawat Pharma Limited. (India)
- QUALICAPS (US)
- SUHEUNG co., ltd. (South Korea)
- Fortcaps. (India)
- SNAIL PHARMA INDUSTRY. (China)
- Roxlor (US)
- Sunil Healthcare Limited. (India)
- H & CARE Incorp. (India)
- SHAOXING KANGKE CAPSULE CO.,LTD (China)
Latest Developments in Empty Capsules Market
- In May, 2021, with the launch of a trustworthy variety of capsules, Qualicaps Europe expanded its product portfolio in response to the growing demand for titanium dioxide-free capsules.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
