Advanced Empty Capsule Market - Global Industry Analysis

Advanced Empty Capsule Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Pharmaceutical Report Format : PDF Report Code: ZMR-6587 Status : Upcoming

Description

Global Advanced Empty Capsule Market: Overview

Capsules are the shells that comprise encapsulated medicines and can be administered in a wide range of dosages. They are relatively stable shares. Advanced empty capsules are available in two forms namely, non-gelatin capsules and gelatin capsules. Gelatin drug capsules are superior carriers of both lipophilic and hydrophilic drugs. Empty capsules are convenient options to store medicines, powders, and herbs.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Advanced Empty Capsule Market: Growth Factors

The growth of the global advanced empty capsule market is highly driven by the growing demand for capsule formulations for the constantly increasing geriatric population globally. Innovations in filling materials, improved capsule sealing techniques, and development in capsule shells are leveraging the landscape for the growth of the market. There is high demand for nutraceuticals that are rich in calcium, vitamin D, omega 3 fatty acids, vitamins & minerals, heart healthy ingredients, antioxidants, fiber, and whole grains. Furthermore, the growth in demand can be attributed to the growing prevalence of non-communicable diseases including heart ailments, diabetes, cancer, and lung disorders. Also, the outbreak of the Covid-19 has largely influenced people to understand the importance of personal health. Therefore, it has positioned the trend of consuming nutraceutical capsule supplements in their daily lives. Advancements in capsule delivery technology along with surging research and development activities are likely to fuel the growth of the global advanced empty capsule market in the forthcoming years. The growing number of clinical trials for the encapsulation of current and new drugs is likely to discover the untapped potential of the market. The elasticity of capsules, high bioavailability, and high penetrative reach of preventive care in developing countries are further likely to boost the market manifolds. The downturn of the traditional pharmaceutical market due to the vanishing drug pipeline and government pressure to lower the cost is likely to create several lucrative growth opportunities in the global advanced empty capsule market in the forthcoming years. Also, manufacturers are increasing the funding to expedite the research and innovation process. Cardiac-associated health issues are at the brim. Capsules are a convenient way to administer heart related medicines to the human body. Also, capsules assist in masking the unpleasant taste of medicines.

Global Advanced Empty Capsule Market: Segmentation

The global advanced empty capsule market can be segmented into end-user, therapeutic application, functionality type, and region.

By end-user, the market can be segmented into research laboratories, cosmetic industry, nutraceutical industry, and pharmaceutical industry. The pharmaceutical sector segment holds domination over others.

By application, the market can be segmented into cough & cold drug preparation, cardiovascular therapy drug, anti-inflammatory drug, anti-anemic preparations, antacid & antiflatulent preparations, dietary supplements, antibiotic & antibacterial drugs, and others. The vitamin & dietary supplement segment hold hegemony over others.

By functionality, the market can be segmented into delayed, sustained, and immediate-release capsules. The immediate-release capsules segment holds the largest share in the global advanced empty capsule market.

By type, the market can be segmented into non-gelatin and gelatin capsules. The gelatin capsule segment can further be bifurcated into bone meal, bovine, porcine, and other gelatin sources. The non-gelatin capsule segment can further be bifurcated into pullulan & starch material and hydroxypropyl methylcellulose. The gelatin capsule segment accounts for the largest share in the global advanced empty capsule market.

Global Advanced Empty Capsule Market: Regional analysis

North America accounts for the largest share in the global advanced empty capsule market due to the mass-scale production capacities of the organizations in the region. Also, the presence of giant pharmaceutical leaders who can utilize such high production capacities easily will accentuate the growth of the regional market. The rising concentration on producing superior pharmaceutical products is significantly creating the demand for advanced empty capsules. However, the high incidence rate of several chronic diseases including cancer is likely to propel the growth of the traditional market in the forthcoming years. The patent expiry of several reputed drugs will positively influence the growth of the regional market.

Asia Pacific is expected to be the fastest-growing region in the global advanced empty capsule market due to the growth in per capita healthcare expenditure in several developing regions like India and China. The growing disposable income of the people in the region will also accentuate the regional market growth. Furthermore, the growing investments from prominent market leaders to boost the research & development activities and launch distinct products in the market will also support the growth of the regional market. The growing initiatives from the government to strengthen the healthcare infrastructure in the region are likely to be a key factor in the growth of the regional market.

Global Advanced Empty Capsule Market: Competitive Players

Some of the significant players in the global advanced empty capsule market are QUALICAPS, Fuji Capsule Co. Ltd., STERIS Plc, Bright Pharma Caps, Suheung Co., Ltd, CapsCanada Corporation, Roxlor LLC, Sunil Healthcare Limited, Medi-Caps Limited, ACG Worldwide, and Capsugel.

Global Advanced Empty Capsule Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The growth of the global advanced empty capsule market is highly driven by the growing demand for capsule formulations for the constantly increasing geriatric population globally. Innovations in filling materials, improved capsule sealing techniques, and development in capsule shells are leveraging the landscape for the growth of the market.

Some of the significant players in the global advanced empty capsule market are QUALICAPS, Fuji Capsule Co. Ltd., STERIS Plc, Bright Pharma Caps, Suheung Co., Ltd, CapsCanada Corporation, Roxlor LLC, Sunil Healthcare Limited, Medi-Caps Limited, ACG Worldwide, and Capsugel.

North America accounts for the largest share in the global advanced empty capsule market due to the mass-scale production capacities of the organizations in the region. Also, the presence of giant pharmaceutical leaders who can utilize such high production capacities easily will accentuate the growth of the regional market.

 

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