02-Sep-2024 | Zion Market Research
Zion Market Research has published a new report titled “Empty Capsules Market by Product Type (Gelatin-Based and Non-Gelatin Based), by Release Type (Sustained, Delayed, and Immediate), By Application (Dietary Supplements, Antacids, Cough & Cold Drugs, Anti-Anemic Drugs, Cardiovascular Drugs, Antibacterial Drugs, Anti-Inflammatory Drugs, and Others), and by End-User (Nutraceutical, Pharmaceutical, Cosmetic Industries, Research Laboratories, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, global empty capsules market was approximately USD 3.19 billion in 2023 and is predicted to grow to around USD 6.31 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.86% between 2024 and 2032.
Conventional capsules are extensively used in medicines, which are consumed orally and contain various active ingredients within, which are either in the form of a paste, suspension, or liquid. Patients prefer capsules as they are easier to swallow than tablets and do not have a bad taste or odor. The non-gelatin based capsules are not made from animal by-products and are more acceptable by some sections of society. The increased penetration of the global empty capsules market is due to the increasing formulation of new drug systems using gelatin capsules, rising manufacturing of gelatin, and growing possibilities of personalizing drugs that help in poison detection. Vegetarian capsules are also used for various religious purposes, in countries like India. However, dietary restrictions, cultural practices, and constantly fluctuating prices of raw materials may limit the empty capsules market.
Browse the full “Empty Capsules Market by Product Type (Gelatin-Based and Non-Gelatin Based), by Release Type (Sustained, Delayed, and Immediate), By Application (Dietary Supplements, Antacids, Cough & Cold Drugs, Anti-Anemic Drugs, Cardiovascular Drugs, Antibacterial Drugs, Anti-Inflammatory Drugs, and Others), and by End-User (Nutraceutical, Pharmaceutical, Cosmetic Industries, Research Laboratories, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032” Report at https://www.zionmarketresearch.com/report/empty-capsules-market
The global empty capsules market is fragmented based on product type, release type, application, and end-user. The product type segment includes gelatin-based and non-gelatin. Gelatin-based capsules are further segmented based on type (hard and soft gelatin capsules) and source (bovine meat, bone meal, pig meat, and other sources). Soft capsules contain single-piece oil-based or gelatinous formulations. Hard capsules contain powdered or dry formulations that are found in two pieces, which help to maintain the balance of digestive enzymes and stomach acid. The limitations of gelatin-based capsules are increased chances of allergies, drug compatibility issues, and difficulty in ingestion for kidney patients. Non-gelatin capsules can be further categorized into Hydroxypropyl Methylcellulose (HPMC) and Pullulan and starch material. The non-gelatin capsules segment is especially growing due to stability and low-moisture content.
On the basis of release type, the market is classified into sustained, delayed, and immediate. The immediate release capsules are used for manufacturing a variety of antacids, painkillers, antibiotics, anti-bacterial medicines, and dietary supplements and are among the most commonly prescribed capsules for treatment. By application, the market includes antacids, dietary supplements, cough, and cold drugs, cardiovascular drugs, anti-anemic drugs, anti-inflammatory drugs, antibacterial drugs, and others. The increasing lifestyle-related disorders, growing awareness among people, and rising government funding to promote a healthy diet are fuelling the dietary supplements segment. The end-user segment of the empty capsules market comprises pharmaceutical, nutraceutical, research laboratories, cosmetic industries, and others.
North America is a significant regional contributor to the empty capsules market globally, due to the rising the number of capsule manufacturers and pharmaceutical companies and increasing importance related to the significance of generics.
empty capsules market is dominated by players like:
Global Empty Capsules Market: By Product Type
Global Empty Capsules Market: By Release Type
Global Empty Capsules Market: By Application
Global Empty Capsules Market: By End-User
Global Empty Capsules Market: By Region
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