Empty capsule is an edible package which has been produced from the gelatin material and filled with drugs. Often components other than gelatin are also used which can produce a unit dosage which is largely used for oral use.
The main growth of the capsule is because of the rising elderly population and development in the pharmaceutical market domains. The addition of growth in research and development of activities and clinical trials has also led to further advancements. These have led to capsule delivery technologies and further boost the growth of clinical trials. The current situation of emerging nations and growth has led to the growth of the halal gelatin capsule. This has by far made a focus on increasing sports nutrition.
Global Empty Capsules Market size was valued at US$ 1.74 Bn in 2017 and is expected to reach US$ 3.23 Bn by 2026 to exhibit a CAGR of 8.04 % during a forecast period.
The non-gelatin capsules segment is estimated to grow at the fastest rate during the forecast period owing to the hydroxypropyl methylcellulose capsules are gained popularity in the pharmaceutical & nutraceutical sectors. HPMC is more popular in the pharmaceutical sectors because of it is made from vegetable cellulose as well as 100% natural, these capsules contain no preservatives, gelatin, wheat, gluten, animal through products & starch. They are also prepared from pure cellulose of either pine or poplar.
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Hydroxypropyl methylcellulose (HPMC) is used for eye drops, as well as an excipient & controlled-delivery component in oral medicaments.
North America is estimated to account for the largest share of the empty capsules market, followed by Europe and the Asia Pacific during the forecast period owing to the presence of key capsule manufacturers along with the existence of a number of pharmaceutical giants with large manufacture capacities and the rising emphasis on superior pharmaceutical products & generics.
The report covers a comprehensive study of major market drivers, restrains, opportunities, challenges, PESTEL, Porters, SWOT, and technological forecasting in the market.
Scope of Global Empty Capsules Market:
Global Empty Capsules Market, By Product Type:
Global Empty Capsules Market, By Raw Material:
Hydroxypropyl methylcellulose (HPMC)
Global Empty Capsules Market, By Functionality:
Global Empty Capsules Market, By Therapeutic Application:
Antibiotic & Antibacterial Drug
Vitamin & Dietary Supplement
Antacids & Anti-flatulent Preparation
Cardiac Therapy Drug
Cough & Cold Preparations
Global Empty Capsules Market, By End User:
Global Empty Capsules Market, By Region:
Middle East & Africa
The Key Players Operating In the Global Empty Capsules Market:
ACG Worldwide, Bright Pharma Caps, Inc., CapsCanada Corporation, Lonza Group Ltd. (Capsugel), Medi-Caps Ltd., Mitsubishi Chemical Holdings Corporation (Qualicaps, Inc.), Roxlor LLC., Snail Pharma Industry Co. Ltd., Suheung Co., Ltd., Sunil Healthcare Ltd., Patheon Ltd., Nectar Lifesciences Ltd., JC Biological Technologies, Natural Capsules Ltd., Zhejiang Huili Capsules Co., Ltd., Healthcaps India Limited, HTC Group Limited, Nanjing Saturn Pharmaceutical Technology Co., Ltd.
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