Empty Capsules Market Key Players, Competitive Strategies, Regional Analysis Forecast 2028
Empty medicine capsules are made either from gelatin, which is derived from animal byproduct known as collagen (pork skin, animal bones and fish bones) or plant polysaccharides or their derivatives (Hydroxypropyl methyl cellulose (HPMC), starch, pullulan and others) depending upon the medicine dosage forms. These cylindrical empty capsules are made in two halves: a smaller-diameter “body” which is filled with required drug dosage and then sealed using a bigger-diameter “cap”. Empty capsules are conventionally used as a dosage form for prescriptions, OTC drugs, herbal products, nutrient supplements, liquids and semi-solid dosage forms, especially for drugs that have low bioavailability, poor water solubility, critical stability, low dose/high potency and low melting points.
The global empty capsules market is expected to expand at a significant CAGR by 2026. Rising adoption of vegetarian-based empty capsules by pharmaceuticals and nutraceuticals companies and increasing demand by Muslim population countries for halal-based capsules is providing support to primarily driven pork-based capsules market. Globally, majority of empty capsules manufacturers are expected to invest more on technological advancements and better product designs to attract customers. Other factors driving the growth of market include, rapidly increasing aging population, growing applications in the pharmaceutical and nutraceutical industries, and growing consumer preference towards capsule-based formulations. However, increasing raw material prices, stringent regulatory frameworks, and religious as well as cultural specifications are expected to limit the growth of this market to a certain extent.
In this report, the global empty capsules market has been segmented on the basis of product type, raw material, size of capsules, route of administration, end user and region.
The global empty capsules market has been segmented into seven major regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
North America empty capsules market is estimated to dominate the global empty capsules market in 2017. APEJ, Latin America and MEA are estimated to be the fastest growing markets over the forecast period
Some of the key players in the global empty capsules market included in the report are Capsugel, ACG Worldwide, CapsCanada Corporation, Roxlor LLC, Qualicaps Inc., Suheung Co. Ltd., Medi-Caps Ltd., Sunil Healthcare Ltd., Snail Pharma Industry Co. Ltd., and Bright Pharma Caps Inc.
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The global market report consists of the following chapter to offers an intensive scenario:
Chapter 1, explore Market basic overview, product purview, the outlook of the market, opportunities, market threats/risk, market driving elements
Chapter 2, studied the leading manufacturers with sales, revenue, and cost
Chapter 3, presents the competitive scenario across the leading manufacturers, with sales, share and market revenue
Chapter 4, details to show the global market by region-wise, with sales, revenue and market share
Chapter 5, 6, 7, 8 and 9, to study the major regions, with sales, revenue and market share by major countries in these regions
Chapter 10 and 11, includes various segmentation, with sales, market share and growth rate by type, application
Chapter 12, market forecast by various segmentation and topographical regions, with sales and revenue, from 2017 to 2028
Chapter 13, 14 and 15, to explains sales channel, suppliers, proprietors, research discoveries, and conclusion, addendum and information source