Empty Capsules Market Size to Expand at Highest Revenue US$ 3,122.5 Million with Growth Rate at 7.9% CAGR by 2027
SEATTLE, March 17, 2021, (PHARMIWEB) — Global Empty Capsules Market – Insights
Empty capsules are one of the most common options available to store powders, herbs, and medicines. Empty capsules are available in a variety of sizes ranging from size 000 (the largest) to size 5 (the smallest). They are also available in different shapes and colors and also flavors to make it distinctive. There are various types of capsules such as soft gelatin capsules, hard gelatin capsules, sustained release capsules, enteric coated capsules, and rectal capsules. Soft and hard gelatin capsules are widely used empty capsules. Each sized capsule can hold different quantity of active pharmaceutical ingredients. These capsules are differentiated on the basis of the amount of active pharmaceutical ingredient they can hold. For instance, 0 sized capsule can hold up to 500 mg and 3 holds about 200 mg of active pharmaceutical ingredient.
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Market Dynamics- Drivers
Advantages offered by capsules over conventional solid dosage forms is expected to drive growth of the global empty capsules market
Excellent advantages offered by capsules over conventional solid dosage forms is expected to drive growth of the global empty capsules market during the forecast period. One of the important advantage is that capsules can deliver solid as well as non-aqueous liquids and semisolid doses. Most of the active pharmaceutical ingredients such as vitamins, herbs, drug substances are not palatable. Capsules can play a crucial role in masking the taste of the drugs. Moreover, children find it hard to swallow the vitamin supplement dosages such as fish oils and castor oils. Such medications can be administered through capsules. Furthermore, herbal products such as Cheyenne pepper are spicy (hot) and are hard to swallow, which can be effectively administered through gelatin capsules. Empty capsules are available in a variety of sizes, which can aid in dose calibration and customization according to individual needs. Active pharmaceutical ingredients, which cannot be compressed easily into tablets, can be administered using empty capsules.
Statistics:
The global empty capsules market is estimated to account for US$ 3,122.5 Mn in terms of value by the end of 2027.
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Introduction of different types of materials for capsule manufacturing is supporting growth of the empty capsules market
Generally, gelatin is extensively used material for empty capsules and is extracted from natural resources including porcine gelatin and bovine gelatin. Two types of capsules can be manufactured using gelatin such as hard gelatin capsules and soft gelatin capsules. However, these capsules have limitations owing to the nature of gelatin as certain compounds cannot be mixed with gelatin such as highly water soluble compounds. Introduction of other compatible materials has widened the scope of applications for these products. For instance, introduction of non-gelatin capsules, which are synthetic (hydroxypropylmethyl cellulose) as well as vegetarian capsules are expected to drive the market growth. Vegetarian capsules such as pullulan are made from tapioca plant and offers several advantage over gelatin capsules. Vegetarian capsules cause lesser allergies as compared to other forms. Moreover, people with hypersensitivity to cow and bovine products can consume vegetarian capsules. Thus, demand for vegetarian capsules is expected to increase significantly over the forecast period.
Market Dynamics
An industrial-grade capsule filling machine is required, as filling each capsule by hand is cumbersome. Moreover, limitations with gelatin capsules such as restrictions on drug compatibilities, and difficulty for kidney and liver disease patient in excretion of additional protein content in gelatin capsules is expected to restrain growth of the global empty capsules market over the forecast period.
Competitive Landscape
Major players operating in the global empty capsules market are ACG Associated Capsules Pvt. Ltd., Capsugel, Inc., CapsCanada Corporation, Medicaps Ltd., Qualicaps, Inc., JC Biological Technology Co., Patheon, Inc., Roxlor LLC, and Sunil Healthcare Ltd.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Raw Material
- Market Snippet, By Capsule Size
- Market Snippet, By Route of Administration
- Market Snippets, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Regulatory Scenario
- Mergers and Acquisitions
- Market Dynamics
- Global Empty Capsules Market, By Product Type, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Gelatin (Hard) Based Capsules
- Vegetarian Based Capsules
- Introduction
- Global Empty Capsules Market, By Raw Material, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Type-A(Pork Skin)
- Type-B Gelatin (Animal Bones & Calf Skin)
- Fish Bone Gelatin
- Hydroxy Propyl Methyl Cellulose (HPMC)
- Starch Materials
- Pullulan
- Introduction
- Global Empty Capsules Market, By Capsule Size, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Size “000” Capsules
- Size “00” Capsules
- Size “0” Capsules
- Size “1” Capsules
- Size “2” Capsules
- Size “3” Capsules
- Size “4” Capsules
- Size “5” Capsules
- Introduction
- Global Empty Capsules Market, By Route of Administration, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Oral Administration
- Inhalation Administration
- Introduction
- Global Empty Capsules Market, By End User, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Pharmaceutical Companies
- Cosmetic & Nutraceutical Companies
- Clinical Research Organizations (CRO’S)
- Introduction
- Global Empty Capsules Market, By Region, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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