Global Empty Capsules Market size is projected to reach USD 2250.6 Million in 2021 and expected to reach USD 3607.5 Million by 2027 with a CAGR of 7.30% over the forecast period.
Empty Capsules consist of gelatinous and non-gelatinous shells, usually obtained from alkaline, acid, thermal hydrolysis or hydrolysis of collagen such as animal or cellulosic based enzymes. It can be stored in different forms such as powder, herbs or medicine on a specific dosage form. Vendors of empty capsules around the world rely mainly on gelatin extracted from the skin and bones of pigs and cows as their raw material, and the animal aspect of the raw material is controversial for capsules. Empty capsules are available in different colors and different flavors. Capsules are the most preferred robust measurement structure due to various benefits such as better satisfaction and faster absorption rate, which represents the greatest demand for these empty capsules in the pharmaceutical business for the treatment of a number of chronic and irresistible infections. Empty capsules are mostly medical clinics, pharmacies, and even individuals who do plant combinations themselves, as an affordable material with an acceptable packaging structure.
This report presents a detailed analysis of the Empty Capsules Market consumption trends globally, historic, and forecasts consumption volumes and values at the market and category level. It also provides indispensable data on brand share, distribution channels, profiles of companies active in the global Empty Capsules market along with the latest industry news, in addition to mergers and acquisitions. This allows domestic and foreign companies to identify the market dynamics to account for sales overall and to know which categories and segments are showing growth in the coming years.
Inquire Before purchasing the report of Empty Capsules Market:
https://introspectivemarketresearch.com/inquiry/9402
Following regions are highlighted in this the Empty Capsules Market report:
- North America
- Asia Pacific
- Europe
- Middle East & Africa
Impact of COVID-19 on Empty Capsules Market
The Covid-19 pandemic has a positive impact on the growth of the empty capsules market globally owing to the growing demand for vitamin supplement use by people around the world to boost immunity. Demand for empty capsules is growing rapidly as vitamins and other herbal medicines occupy a central platform during the Covid-19 pandemic. This are useful for masking the taste of cardiovascular medications. This factor will have a positive impact on the empty capsules market. Therefore, the growth of the empty capsule market according to the post-pandemic will be even greater.
Leading companies reviewed in the Empty Capsules market report are:
Capsugel,Qualicaps,Suheung,Medi-Caps,Capscanada,Roxlor,Bright Pharma Caps,Sunil Healthcare,Snail Pharma,ACG Worldwide,Erawat Group,Nectar Lifesciences Ltd,Shaoxing Kangke,Anhui Huangshan Capsule
By Therapeutic Application, Empty Capsules Market has been segmented into:
Vitamin and Dietary Supplements, Antibiotic and Antibacterial Drug, Antacids and Anti-flatulent Preparation, Cardiac Therapy Drug, Other
By Product Type, Empty Capsules Market has been segmented into:
Gelatin Capsule, Soft Gelatin Capsule (SGC), Hard Gelatin Capsule (HGC), Non-Gelatin Capsule
To have a snippet of the report, request Report Sample @:
https://introspectivemarketresearch.com/request/9402
The Global Empty Capsules Market Report was produced through extensive primary and secondary studies. The report also focuses on qualitative and quantitative assessments by analyzing data collected from industry analysts and market participants across key points in the industry's value chain, growth aspects, utilization and manufacturing capabilities.
Introspective Market Research provides discounts on every report. We can offer Customization of the reports as per your requirements in affordable prices. Get in touch with our sales team, who will guarantee you a report that suits your needs.
About Us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact Us:
Mike Cooper
Business Development Manager
3001 S King Drive, Chicago, Illinois,
U.S. A 60616
Contact No: USA: +1 (773)-382-1047 / IND: +91-81-8009-636
[206 Pages Report] MarketsandMarkets forecasts the Empty Capsules market to grow from USD 1.95 billion in 2018 to USD 2.79 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period.
A softgel consists of a gelatin-based shell surrounding a liquid or semi-solid (inner fill) drug or extract in the center.
Softgel capsules offer several benefits to consumers such as convenience, enhanced efficacy, and bioavailability.
Enteric softgel capsules are expected to exhibit significant market growth during the forecast period, owing to rise in adoption of enteric softgel, surge in demand for omega-3 supplements, growth in promotional activities by manufacturers, and rise in consumer awareness for preventative healthcare.
The global softgel capsules market is estimated to grow at a CAGR of approximately 5% during the forecast period to reach approximately USD 2.5 billion by 2025.Market Dynamics1.
Over the years, capsule delivery has witnessed a number of technological advancements in terms of product enhancements for better quality outcomes and patient comfort.
According to the new market research report “Empty Capsules Market by Type (Gelatin (Porcine, Bovine), Non gelatin (HPMC, Pullulan)), Functionality (Delayed release), Application (Antibiotics, Dietary Supplements, Anti- Inflammatory), End User (Pharma, Nutraceuticals) – Global Forecast to 2026″, published by MarketsandMarkets™, the global market is projected to reach USD 3.7 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 7.2% during the forecast period.Browse and in-depth TOC on “Empty Capsules Market”176 – Tables40 – Figures216 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=218018190The overall growth of the Empty Capsules Market is largely driven by the growing adoption of capsule formulations among the growing geriatric population, the growth of the pharmaceutical market, increasing R activities & clinical trial studies, and advancements in capsule delivery technologies.
Emerging markets, with their low manufacturing costs, are expected to present significant opportunities for players.
Other areas of opportunity are the development of halal gelatin and vegetarian capsules.Gelatin accounted for the largest share of Empty Capsules MarketBased on type, the market is categorized into gelatin capsules and non-gelatin capsules.
The various advantages of gelatin capsules, such as rapid drug release, uniform mixing of drugs, and a barrier to atmospheric oxygen (preventing oxidation of drug molecules), make them a preferred choice for manufacturing capsule shells.Immediate-release capsules accounted for the largest share of Empty Capsules MarketBased on functionality, the market has been segmented into immediate-release, sustained-release, and delayed-release capsules.
This is because immediate-release capsules are widely used to manufacture antibiotics, antibacterial, antacids, painkillers, inhalators, cold and cough drug preparations, and dietary supplements.Antibiotic & antibacterial drugs accounted for the largest share of marketBased on therapeutic applications, the market is segmented into antibiotic & antibacterial drugs, dietary supplements, antacid & antiflatulent preparations, antianemic preparations (hematinic), anti-inflammatory drugs, cardiovascular therapy drugs, cough & cold drugs, and other therapeutic applications.
The antibiotic & antibacterial drugs segment accounted for the largest share of 33.1% of the Empty Capsules Market in 2020.The dietary supplements segment is expected to witness the highest CAGR of 8.2% during the forecast period.
