Empty Capsule Market - Trends Forecast Till 2028

Market Overview

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. 

Key Findings

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

Competitive Landscape

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.

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
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• 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