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Sunday, September 5, 2021

Global Empty Capsules Market is Projected to Reach USD 2.97 Billion in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Empty Capsules Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global empty capsules market, assessing the market based on its segments like type, functionality, raw materials, applications, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.



Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.


Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/empty-capsules-market/requestsample


The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 1.98 billion
  • Forecast CAGR (2021-2026): 7%
  • Forecast Market Size (2026): USD 2.97 billion

The increasing emphasis of doctors and patients on superior pharmaceutical products and generics has increased the demand for empty capsules. Several factors are expected to drive the impressive growth of empty capsules in the region as the pharmaceutical manufacturing sector expands in developing countries. Market growth is also driven by the growing pool of patients in these regions. The advancement of innovative technologies such as capsule-in-capsule delivery has helped to achieve considerable market penetration. The COVID-19 pandemic has been a major driver for this market as the demand for immunity boosters and associated medicines has been growing rapidly.


Industry Definition and Major Segments

Stable shells that encapsulate drugs are called empty capsules. They are delivered as dosages in a number of ways. In the coming years, the market for vegetable/non-gelatine capsules is expected to grow. This may be due to the growing preference of natural or non-animal-based capsules among consumers.


Explore full report with table of contents: https://www.expertmarketresearch.com/reports/empty-capsules-market


Based on type, the industry for empty capsules is segmented into:

  • Gelatine capsules
  • Hard Gelatine
  • Soft Gelatine
  • Non-Gelatine Capsules

On the basis of raw materials used in empty capsules, the industry is segmented into:

  • Porcine
  • Bovine
  • Bone
  • Hydroxypropyl Methylcellulose (HPMC)
  • Starch Material
  • Others

On the basis of functionality, the industry is segmented into:

  • Immediate-Release Capsules
  • Sustained-Release Capsules
  • Delayed-Release Capsules

On the basis of application, the industry is segmented into:

  • Antibiotic and Antibacterial Drugs
  • Dietary Supplements
  • Antacid and Anti-flatulent Preparations
  • Cardiovascular Therapy Drugs
  • Other

On the basis of end use, the industry is segmented into:

  • Pharmaceutical
  • Nutraceutical
  • Cosmetics
  • Others

The regional markets for the empty capsules include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 Market Trends

The main driver of the industry has been the rising prevalence of capsules over other forms of drug delivery. Another main factor is a rise in strategic partnerships between suppliers of empty capsules and producers of gelatin. The rising adoption of capsules among the growing geriatric population is driving the growth of the industry. It is expected that easy access to generics and increased affordability in developing economies will drive the demand in these areas. Furthermore, rapid advances in capsule delivery technologies are expected to contribute to the growth of the industry.


Key Market Players

The major players in the market for empty capsules are Cupsugel (Lonza Group Ltd), ACG Group, Qualicaps (Mitsubishi Chemical Corporation), Capscanada (Lyfe Group Co.), Roxlor Group, and Suheung Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.


About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.


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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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