Report has been added to MarketsandMarkets offering Empty
Capsules Market by Type (Gelatin (Porcine, Bovine), Non gelatin (HPMC,
Pullulan)), Functionality (Delayed release), Application (Antibiotics, Dietary Supplements,
Anti- Inflammatory), End User (Pharma, Nutraceuticals) - Global Forecast to
2026
Get Sample Copy of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=218018190
The global empty capsules market is projected to reach USD
3.7 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 7.2% during the
forecast period. The overall growth of the empty capsules market is largely
driven by the growing adoption of capsule formulations among the growing
geriatric population, the growth of the pharmaceutical market, increasing
R&D activities & clinical trial studies, and advancements in capsule
delivery technologies.
Gelatin accounted for the largest share of empty capsules
market
Based on type, the empty capsules market is categorized into
gelatin capsules and non-gelatin capsules. In 2020, gelatin capsules accounted
for the largest share of 67.5% of the empty capsules market.
Immediate-release capsules accounted for the largest share
of empty capsules market
Based on functionality, the empty capsules market has been
segmented into immediate-release, sustained-release, and delayed-release
capsules. immediate-release capsules accounted for a major share of 72.2% of
the empty capsules market.
Antibiotic & antibacterial drugs accounted for the
largest share of empty capsules market
Based on therapeutic applications, the empty capsules market
is segmented into antibiotic & antibacterial drugs, dietary supplements,
antacid & antiflatulent preparations, antianemic preparations (hematinic),
anti-inflammatory drugs, cardiovascular therapy drugs, cough & cold drugs,
and other therapeutic applications.
The dietary supplements segment is expected to witness
the highest CAGR of 8.2% during the forecast period.
Enquiry Before Buying This Report @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=218018190
Nutraceutical industry is the fastest-growing end user
segment of the empty capsules market
Based on end users, the empty capsules market is segmented
into the pharmaceutical industry, nutraceutical industry, cosmetic industry,
and research laboratories. The pharmaceutical industry segment accounted for
the largest share of 52.7% of the empty capsules market
North America accounted for the largest share of the
empty capsules market
North America accounted for the largest share of 37.4% of
the global market. The dominance of the North American region can be attributed
to the existing presence of major capsule manufacturers with large production
capacities, along with the presence of a number of pharmaceutical giants with
large production capacities utilizing these capsules.
Premium Insights
·
Rise in number of geriatric population and surge
in demand for vitamin and mineral supplements drive growth of the market.
·
The pharmaceutical industry Segment Accounted
for the Largest Share of the Market
·
China and India have emerged as high-growth
markets for empty capsules.
Market Dynamics
Drivers
·
Increasing demand for nutraceuticals
Opportunity
·
Expansion of capsule production in emerging
countries
Challenges
·
Rising prices and lower availability of raw
materials in the gelatin industry
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Empyt Capsules, by Type
7 Empyt Capsules, by Technology
8 Empyt Capsules, by Application
9 Empyt Capsules, by Procedure
10 Empyt Capsules, by End-user
11 Empyt Capsules, by Region
12 Competitive Landscape
13 Company Profiles
14 Appendix