Empty Capsules
Market size is projected to reach USD 2250.6 Million in 2020 and is expected to
reach USD 3607.5 Million by 2027 with a CAGR of 7.30% over the forecast period.
A capsule is defined as a solid pharmaceutical dosage form, in which drugs or a combination
of drugs are enclosed in a shell. Empty capsules are mostly recommended to
store powders, drugs, and herbs. Capsules are easier to swallow as compared to
tablets. It is used by pharmaceutical manufacturers to prepare different therapeutic
drugs. Capsule shells are made of gelatin or non-gelatin material (such as
pullulan, HPMC, and starch), which is available in various shapes, sizes, and
colors. Hard gelatin capsules are widely
available in the pharmaceutical industry and are composed of gelatin and
purified water.
The growth of the global empty capsules market is majorly driven by the increase in the prevalence of chronic diseases such as cardiovascular diseases, cancer, diabetes, and gastrointestinal diseases; the rise in demand for gelatin capsules; increase in funding from private & government organizations for capsule manufacturing units; and rise in R&D activities for the development of therapeutic products, which are enclosed in capsules.
“ The COVID-19 outbreak is anticipated to have a negative
impact on growth of the global empty capsules market. The COVID-19 pandemic has
stressed healthcare systems in the world and increased the need for development
of diagnostic instruments & treatment centers for human. Limited movements
of goods and services and imposition of government regulation on the
manufacturing sector negatively impact growth of the market. Thus, the COVID-19
pandemic is affecting the world, including the pharmaceutical and biotechnology
industry. ”
IMR offers a comprehensive overview
of the market through the analysis of key parameters such as revenue, price,
competition, and promotions, as well as the study, synthesis, and summarization
of data from different sources. It analyzes the leading industry drivers and
shows numerous market components. The information offered is thorough,
dependable, and the result of a comprehensive primary and secondary study. IMR
market research reports offer a comprehensive global market as well as an
in-depth strategic sourcing methodology and analysis based on qualitative and
quantitative research to anticipate market growth.
Segmentation Of Empty
Capsules Market:
In market segmentation by Product Type, Empty Capsules Market
report covers:
Gelatin
Capsule, Soft Gelatin Capsule (SGC), Hard Gelatin Capsule (HGC), Non-Gelatin
Capsule
In market segmentation by End User, the Empty Capsules Market
report covers:
Pharmaceutical Companies, Cosmetics
Companies, Nutraceutical Companies,Others
Market
Scope and Structure Analysis
|
Report
Metric |
Details |
|
Market
Size Available for Years |
2022–2028 |
|
Base
Year Considered |
2021 |
|
Forecast
Period |
2022–2028 |
|
Forecast
Unit |
Value
(USD) |
|
Regions
Covered |
North
America, Europe, Asia-Pacific, and LAMEA |
|
Segments
Covered |
Type,
End user, and Region |
|
Companies
Covered |
Capsugel,
Qualicaps, Suheung, Medi-Caps,Capscanada, Roxlor, Bright Pharma Caps, Sunil
Healthcare, Snail Pharma, ACG Worldwide, Erawat Group, Nectar Lifesciences
Ltd, Shaoxing Kangke, Anhui Huangshan Capsule |
Report Highlights:
·
A complete
analysis of the market, including the parent industry
·
Important market
dynamics and trends
·
Market
segmentation
·
Historical,
current, and projected size of the market based on value and volume
·
Market shares and
strategies of key players
· Recommendations to companies for strengthening their foothold in the market
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