The global empty capsules market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Empty Capsules
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028," the global empty capsules market size reached US$ 2.8
Billion in 2022.
An empty capsule is a consumable, typically cylindrical shape, specifically
designed to encapsulate various drugs, vitamins, and dietary supplements.
They offer a vehicle for the delivery of numerous therapeutic agents into the
body and are available in different sizes and types such as gelatin or
vegetarian based. The contents of these capsules may include both liquids and
solids, with each type designed to dissolve within the human body at different
rates, allowing for the controlled release of the contained substances.
Additionally, they are an essential element of the pharmaceutical and
nutraceutical industries, acting as an indispensable tool in the administration
of medicines and dietary supplements. They offer numerous benefits, including
easy ingestion, masking unpleasant tastes or odors of the encapsulated
substances, and providing options for patients with specific dietary or religious
requirements. The precise dosage control they provide, coupled with their
user-friendly nature, makes them an integral component of global healthcare
solutions.
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4. Report Description
Global Empty Capsules Market Trends:
The global market for empty capsules is experiencing significant growth due to the rising health consciousness
among consumers and the increasing self-administration of over-the-counter dietary supplements. There is a
robust demand for nutraceuticals, particularly in developed nations, bolstering the market growth for empty
capsules. Along with this, the aging population across the globe, accompanied by an increased incidence of
chronic diseases, necessitates a higher production of pharmaceuticals, thus augmenting the demand for empty
capsules. In addition, the escalating need for customization in drug delivery and the advancement in capsule
delivery technologies are significantly supporting the market.
Apart from this, the increasing pharmaceutical manufacturing in developing countries, due to favorable
government policies and low production costs is also positively influencing the market. Furthermore, the advent of
innovative capsule types, including enteric-coated and vegetarian capsules addresses issues, such as drug
release control, and caters to the dietary preferences or restrictions of various population segments, and is
creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and
technological advancements.
Looking forward, the market value is projected to reach US$ 4.5 Billion by 2028, expanding at a CAGR of
7.5% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/empty-capsules-market
5. Report
Segmentation
Breakup by Type:
• Gelatin Capsule
• Non-gelatin Capsule
Breakup by Raw Material:
• Pig Meat
• Bovine Meat
• Bone
• Hydroxypropyl Methylcellulose (HPMC)
• Others
Breakup by Functionality:
• Immediate-release Capsules
• Sustained-release Capsules
• Delayed-release Capsules
6. Report
Segmentation
Breakup by Therapeutic Application:
• Antibiotic and Antibacterial Drugs
• Vitamins and Dietary Supplements
• Antacid and Antiflatulent Preparations
• Cardiovascular Therapy Drugs
• Others
Breakup by End User:
• Pharmaceutical Industry
• Nutraceutical Industry
• Cosmetics Industry
• Others
8. Competitive
Landscape with
Key Players
• ACG Associated Capsules Pvt. Ltd.
• Bright Pharma Caps Inc.
• CapsCanada Corporation
• HealthCaps India Limited
• Lonza Group AG
• Medicaps Limited
• Qualicaps Co. Ltd. (Mitsubishi Chemical Holdings
Corporation)
• Nectar Lifesciences Limited
• Roxlor LLC
• Shanxi Guangsheng Medicinal Capsules Co. Ltd
• Snail Pharma Industry Co. Ltd
• Suheung Co. Ltd
• Sunil Healthcare Limited.
9. Key Questions
Answered in
the Report
What was the size of the global empty capsules market in
2022?
What is the expected growth rate of the global empty
capsules market during 2023-2028?
What are the key factors driving the global empty capsules
market?
What has been the impact of COVID-19 on the global empty
capsules market?
What is the breakup of the global empty capsules market
based on the type?
What is the breakup of the global empty capsules market
based on the raw material?
10. Key Questions
Answered in
the Report
What is the breakup of the global empty capsules market
based on the functionality?
What is the breakup of the global empty capsules market
based on the end user?
What are the key regions in the global empty capsules
market?
Who are the key players/companies in the global empty
capsules market?
11. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Empty Capsules Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Gelatin Capsule
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Non-gelatin Capsule
6.2.1 Market T rends
6.2.2 Market Forecast
7 Market Breakup by Raw Material
7.1 Pig Meat
7.1.1 Mark et T rends
7.1.2 Mark et Forecast
12. Table of
Contents
7.2 Bovine Meat
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Bone
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Hydroxypropyl Methylcellulose (HPMC)
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Others
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
8 Market Breakup by Functionality
8.1 Immediate-release Capsules
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Sustained-release Capsules
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Delayed-release Capsules
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
9 Market Breakup by Therapeutic Application
9.1 Antibiotic and Antibacterial Drug s
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
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