The Empty Capsules Market is expected to reach a value of USD 3,230 million in 2023 and increase at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2033, when it is expected to reach USD 5,130 million.
Empty capsules are a type of hollow shell that contains medicinal substances and active pharmaceutical compounds. Empty capsules are often advised for the preservation of powder, herbs, and medications. Compared to tablets, capsules are simpler to swallow. Capsules are used by pharmaceutical companies to produce various combinations of dosage forms. The ingredients that make up an empty capsule can include pullulan, starch, non-gelatin, gelatin, and hydroxypropyl methylcellulose (HPMC). These materials come in a variety of colours, shapes, and sizes.
It is anticipated that the empty capsule market would develop steadily soon. This is because there is a greater need for empty capsules as dietary supplements and nutraceuticals gain in popularity. The market for empty capsules is anticipated to be driven by customers’ growing consciousness of their health and well-being. It is anticipated that manufacturers would concentrate on creating novel products to satisfy the expanding demands of customers.
Furthermore, the increasing ubiquity of internet-based shopping platforms is probably going to contribute to the expansion of the empty capsule market. It’s also possible that governments from different nations would give manufacturers financial assistance to entice them to create new goods.
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The industry is divided by (segments) in this study literature. It evaluates every segment separately according to its size and offers insightful information about its best revenue prospects. This document offers a comprehensive overview of the growth trajectory of the highlighted regions, as well as detailed insights into the geographical landscape by established research methodology.
Market Dynamics
The market for empty capsules is fuelled by the rising incidence of chronic illnesses including cardiovascular disease, the growing need for nutraceutical products in pill form, growing knowledge of the advantages of capsules, and an aging population.
Empty capsules, mostly composed of vegetarian gelatin, are widely used in the pharmaceutical and nutraceutical industries for dilatory supplements, herbal remedies, and medications. Modern manufacturing technology advances that enhance capsule quality and patient compliance, making capsule medications more popular and propelling the empty capsule market above alternative drug delivery methods.
Market Application Analysis
Antacids & Anti-flatulent Preparations, Vitamin & Dietary Supplements, Antibiotic & Antibacterial Drugs, Cardiac Therapy Drugs, and Others are the categories under which the empty capsules market is divided by application. In 2022, the Antibiotic & Antibacterial Drugs sector will hold the greatest share of the Empty Capsules industry, with over 34% of the market.
The market is expanding in tandem with the rise in infectious and inflammatory disorders that call for the use of capsule medications for treatment. to carry out the research and development procedure for the segment-driving antibiotic and antibacterial drug development.
Empty Capsules Market Competitive Outlook
Lonza, Qualicaps, Suheung Co., Ltd, Roxlor Llc, Natural Capsules Limited, Nectar Lifesciences Ltd, Healthcaps India Ltd., Sunil Healthcare Limited, Bright Pharma Caps, Snail Pharma Industry Co. Ltd, Medi-Caps Ltd.
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Empty Capsules Market Segmental Analysis
By Type
Gelatin
Non-Gelatin Capsules
Hydroxypropyl Methylcellulose (HPMC)
Others
By Functionality
Immediate Release
Sustained Release
Delayed Release
By Application
Vitamin & Dietary Supplements
Antibiotic & Antibacterial Drugs
Cardiac Therapy Drugs
Antacids & Anti-flatulent preparations
Others
By End-User
Pharmaceutical Companies
Nutraceutical Manufacturers
Others
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
Frequently Asked Questions
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