Empty Capsule Market – Trends Forecast Till 2028

Empty Capsule Market, By Type (Gelatin (Porcine, Bovine), Non-gelatin (HPMC, Pullulan)), Functionality (Delayed release), Application (Antibiotics, Dietary Supplements, Anti- Inflammatory), End-User (Pharma, Nutraceuticals) and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)

Published Date: March, 2021

Base Year Estimate: 2020

Report ID: D-PH-ECM-115

Format:  

Number of Pages: 179

Domain: Pharmaceutical

Empty Capsule Market – Trends Forecast Till 2028

Global Empty Capsule Market is anticipated to reach USD 2.9 billion in 2021 growing at a CAGR of 7.1% during the forecasting period, 2021-2028. 

Empty capsules are capsule covering which can be used to store medicinal drugs, herbs, powder, etc. They come in different sizes to store different quantities of substances. The usual composition of these empty capsules is gelatin. Gelatin has all the properties for pharmaceutical products. Vegetarian derivatives are made up of cellulose. 5 types of capsules are 1. Hard gelatin capsule 2. Soft gelatin capsule 3. HPMC capsule 4. Pullen capsule 5. Enteric-coated capsule.

The recent expansion of the pharmaceutical market and the recent development in the sector of capsule delivery technology are some of the factors that have supported long-term expansion for the Global Empty Capsule industry. 

Global Empty Capsule Market is segmented into type, functionality, application, end-user, and geography.

The type segment is segmented into Gelatin (Porcine, Bovine), Non-gelatin (HPMC, Pullulan)

Application segment is segmented into Antibiotics, Dietary Supplements, and Anti- Inflammatory

The end-User segment is segmented into Pharma, Nutraceuticals

Functionality segment is segmented into Delayed release

Geographically, the global Empty Capsule Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Key players in the global Empty Capsule Market are Capsugel (US), ACG Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd. (China), Healthcaps India Ltd. (India)  among others. 

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, a conference like Jefferies conference)—to identify and collect information useful for this study of the Global Empty Capsule Market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial studies of the global Empty Capsule Market. Through secondary, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess prospects. The following figure depicts the market research methodology used in drafting this report on the Global Empty Capsule Market.

The primary Respondent breakdown is given below:

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Global Empty Capsule Market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact the primary respondent to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for Global Empty Capsule Market to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 2.7 billion

Growth Rate

CAGR of 7.3% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, Functionality, Application, End-User, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Capsugel (US), ACG Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd. (China), Healthcaps India Ltd. (India)

Available Customization

In addition to the market data for Global Empty Capsule Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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