Global Empty Capsules Market By Type (Gelatin Capsules, Non-Gelatin Capsules), Functionality (Immediate-Release Capsules, Sustained-Release Capsules, Delayed-Release Capsules), Application (Antibiotic & Antibacterial Drugs, Dietary Supplements, Antacid & Antiflatulent Preparations, Antianemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Cough & Cold Drugs, Other Applications), End User (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry, Research Laboratories), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Empty Capsules Market
Global empty capsules market is registering a substantial CAGR of 8.8% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising decrepit old population, development of the pharmaceutical market and increasing R&D activities.
Market Definition: Global Empty Capsules Market
A capsule is usually a shell or container produced of gelatin that carries a drug. Empty capsules are used as a dosage form for prescription and OTC drugs, dietary supplements and nutritional supplies. They are produced from gelatin extracted from, or derivative products of, animal protein and plant polysaccharides. Capsules are easier to digest which are used by companies when the drug cannot be compressed into a strong capsule. They are helpful when the drug has to be combined with oil or other liquid to help absorption in the body.
- Rising of decrepit old population is driving the growth of the market.
- Development of the pharmaceutical market is propelling the growth of the market.
- Increasing R&D activities and clinical trials is boosting the growth of the market
- Developments in Capsule Distribution Methods is contributing to the growth of the market
- Racial and nutritional constraints is hampering the growth of the market
- Reduced accessibility of raw material is hindering the growth of the market
- Strength of regulatory systems for gelatin manufacturers is restricting the growth of the market.
Segmentation: Global Empty Capsules Market
- Gelatin Capsules
- Pig Meat Gelatin
- Bovine-Derived Gelatin
- Bone Meal
- Other Gelatin Sources
- Non-Gelatin Capsules
- Hydroxypropyl Methylcellulose (HPMC)
- Pullulan & Starch Material
- Immediate-Release Capsules
- Sustained-Release Capsules
- Delayed-Release Capsules
- Antibiotic & Antibacterial Drugs
- Dietary Supplements
- Antacid & Antiflatulent Preparations
- Antianemic Preparations
- Anti-Inflammatory Drugs
- Cardiovascular Therapy Drugs
- Cough & Cold Drugs
- Other Applications
By End User
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetic Industry
- Research Laboratories
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- South Africa
- Rest of Middle East & Africa
Key Developments in the Market:
- In May 2018, ACG presents a broad variety of capsules, engineering and films & foils alternatives at FCE Pharma. ACG's Capsules Company with a broad spectrum of Empty Hard Capsules produced from Gelatin and HPMC (cellulose), were designed to satisfy the demands of the drug sector. This product launch has expanded the product portfolio of the company as well as increased its market share.
- In August 2018, LONZA'S CAPSULE DELIVERY SOLUTIONS, introduced by Capsugel Colorista, a higher-quality capsule focused on an "all-color" design. This latest capsule farther extends the R&D portfolio of Lonza Capsugel. Colorista capsules expand an already extensive pre-clinical and clinical portfolio of Capsugel empty capsules, offering solutions for the full development of a drug product.
Global empty capsules market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of empty capsules market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major market competitors currently working in the global empty capsules market are SavoiurCaps, ACG, Comed Chemicals Limited., NATURAL CAPSULES LIMITED, Medi-Caps Ltd., Wuhan Carma Technology Co., Ltd., Goerlich Pharma GmbH, NecLife, HealthCaps India Ltd., Zhejiang Erawat Pharma Limited. QUALICAPS, Suheung Co.,Ltd., Caps Canada, Fortcaps., SNAIL PHARMA INDUSTRY., Roxlor, SUNIL HEALT Capscanada Corporation, HCARE LIMITED., Bright Pharma Caps Inc., Capsugel, Shaoxing Kangke Capsule Co., Ltd., and others.
Research Methodology: Global Empty Capsules Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted 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 can drop down your enquiry.
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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global empty capsules market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)