An empty capsule is an oral dosage which resting on the manufacturing material type is available in assorted colors and sizes such as flavored capsules and pearl capsules. Capsules are available in different types such as rectal capsules, enteric coated capsules, sustained release capsules, hard gelatin capsules and soft gelatin capsules. Hard and soft capsules are the commonly used empty capsules. An empty capsule comes in assorted sizes that helps in customization and dose calibration as per the needs of the individual.
Capsules are highly favored as it is easy to swallow, have an odorless and tasteless gelatin coating that makes it palatable, causes decreased gastrointestinal irritation and have quicker dissolution times compared to other forms of oral dosage.
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The Global Empty Capsule Market is predicted to have a promising growth at a striking 8.8% CAGR over the forecast period (2018-2023). Capsules provide a viable substitute to tablets especially for its wide availability and easy administration. A capsule is a stable shell which is utilized to encapsulate active ingredients that are formulations possessing therapeutic activity. It is widely used in pharmaceutical industries especially when it is difficult to compress a drug in a solid tablet.
There are many factors that is driving the growth of the empty capsule market. Some of these factors as per the Market Research Future (MRFR) report include increasing use of capsule formulations amid the geriatric population, rising research and development activities and clinical trials, advancements in the capsule delivery technology, growth of pharmaceutical market, easy digestibility, easy to consume, ease of availability, rising consumer preference for capsules over tablets and surge for nutraceutical products. On the contrary, factors such as constricted regulatory guidelines laid down by the international and national regulatory authorities, lack of advanced medicinal facilities especially in under-developed nations, high initial investment, scarcity of skilled healthcare experts, prerequisite R&D, increasing raw material prices, religious and cultural issues associated to capsule consumption having animal-derived ingredients such as bovine and porcine gelatin capsule shells may hinder the growth of the empty capsule market.
Regional Analysis:
Based on region, the empty capsule market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and the Middle East and Africa. Of these, North America is anticipated to grab the largest share in the market due to high healthcare expenditure, well-developed technology and huge patient population. The empty capsule market in Asia Pacific will have the second biggest share followed by Europe. The market in the APAC region is the fastest growing due to the quickly changing healthcare sector. On the other hand, the empty capsule market in the Middle East and Africa will have minimum share due to the existence of slow and poor developing countries particularly in the African region. The market in the Middle East will have a major share owing to high spending and well-developed infrastructure.
Segmentation:
Global Empty capsule Market, by Raw Materials
Bovine
Porcine
Non-gelatin
Global Empty capsule Market, by Physical Characteristics
Halal Certification
Non-Halal Certification
Global Empty capsule Market, by Certification
Halal Certification
Non-Halal Certification
Global Empty capsule Market, by End User
Pharmaceutical Industries
Academic & Research Organizations
Global Empty capsule Market, by Key Players
Neopharma
Tabuk Pharmaceuticals
Julphar
Roxlo
QUALICAPS
ACG-Associated Capsules
Medi-Caps Ltd
Capsuge
ACDIMA
NecLife
Sunil Healthcare Limited
Arab Caps
TABLE OF CONTENT:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
CONTINUED…!
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