Analyst Speak: 

“The Global Empty Capsules Market is expected to reach US$ 2,891.2 Mn by 2025 owing to growth in R&D for the development of newer products”

The global empty capsules market is expected to reach US$ 2,891.2 Mn by 2025. The factors which are driving the growth of are increasing adoption of capsule as a dosage form, increasing research and development activities, growing geriatric population, and advancement in capsule delivering technologies. The capsule delivery has witnessed has experienced many technological advancements such as encapsulation of different materials, capsule sealing techniques, and system to achieve modified drug release, etc.  Additionally, rise in demand of capsules over tablets by the consumers due to increased stability, masking of unpleasant odor and taste of the dosage form and increased bioavailability are propelling the growth of global empty capsules market. Furthermore, increasing demand of vegetarian capsule shell among the vegan population and attractive designs of capsules will stream the growth of global empty capsules market in the forecast period. On the other hand, religious restriction regarding the animal based capsule shells dampens the growth of global empty capsules market among the vegan population.

Global empty capsules market is segmented on the basis of product type, application, route of administration, distribution channel, and region.

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Gelatin Capsules Dominate the Global Empty Capsules Market

Based on the product type, global empty capsules market is segmented into gelatin or animal source and non-gelatin or plant source. Gelatin or animal source capsules dominated the global empty capsules market due to the benefits it provides over non gelatin capsules such as uniform mixing of drugs, rapid drug release, and barrier protection against atmospheric oxygen etc. 

North America Leads the Global Empty Capsules Market 

PBI’s global empty capsules market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America dominated the global empty capsules market through 2014-2018 and expected to dominate over 2019-2025 owing to the presence of key market players in the region and technological advancement. Additionally, the growing focus on superior nutraceutical and cosmetic products has also increased the demand for empty capsules in the region. Europe empty capsules market accounted for a significant share in global empty capsules market due to its increasing research & development activities in capsule shells, rising disposable income, and growing demand of capsules over tablets are bolstering the growth of European empty capsules market. Asia pacific empty capsules market expected to grow significantly rate due to their emerging economies, increase population, development of healthcare infrastructure, and technological advancements.

Launch of newer treatment therapies, and strategic alliances are the key strategies adopted by market players 

Global Empty Capsules market further reveals that the key player’s increasingly adopting strategies such as launch of newer treatment therapies, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

For instance, in February 2016, Qualicaps acquired Genix Industria Farmaceutical Ltd. for the commercialization and development of empty capsule shells products.  

Key player’s profiles in the report are ACG Worldwide (India), CapsCanada Corporation (Canada), Suheung Co., Ltd. (Korea), Qualicaps, Inc. (USA), Snail Pharma Industry Co. (China), Roxlor LLC (USA), Medi-Caps Ltd. (India), Lonza Group AG (Switzerland) and Bright Pharma Caps (USA).

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Precision Business Insights (PBI) in its report titled “Global Empty Capsules Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Detailed Segmentation 

By Product Type

Gelatin or animal source capsules
Bovine source
Pork source
Bone meal
Others
Non-gelatin or plant source capsules
HPMC
Starch
Pullulan 

By Application

Antibiotics
Vitamins
Anti-inflammatory
Others 

By Route of Administration

Oral
Inhalation
Others 

By Distribution Channel

Nutraceutical Companies
Pharmaceutical & Biotechnological Companies
Others 

Geography 

North America

USA
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe

Asia-Pacific

Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Middle East and Africa (MEA)

Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA

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