Empty Capsules Market Overview

The report is titled as ‘Empty Capsules Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the empty capsules market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Empty capsules market is expected to grow with significant rate in the near future.

The global empty capsules market in 2020 is estimated for more than US$ 2,376.8 Mn and expected to reach a value of US$ 4,764.0 Mn by 2028 with a significant CAGR of 9.1%.

Empty Capsules Market Definition

Capsules are the second most common form of dosage for the oral administration of tablets and drugs. These are majorly used in the pharmaceutical and nutraceutical sectors. Empty capsules refers to the capsules which are lacking any pre-existing formulation. Empty capsules are composed of materials such as hydroxypropyl methylcellulose (HPMC), gelatin, starch and pullulan.

Empty capsules serve its utility in several different kinds of applications such as in the treatment of various diseases, including common diseases such as coughs and colds, and in the formulation of dietary supplements as well as in the antacid and antiflatulent applications. Empty capsules can also be used in treating major chronic diseases, such as cancer, and other acute ailments and infections by using the precision or personalized medicine formulation technique. Empty capsules can be stored with powders, medicines, and herbs with the specific dosage forms.

In addition, the empty capsules are available in different colors with various flavours. The empty capsules are very popular owing to their high absorption rates.

Empty Capsules Market Dynamics

The popularity of capsules in the healthcare sector over other drug delivery forms is one of the leading factors that is projected to escalate the growth of the global empty capsules market in the near future. In addition, there is a rapid rise in strategic collaborations between gelatin manufacturers and empty capsule suppliers, which further plays an important role in the growth of the global empty capsules market in the upcoming future.

Moreover, there is a swift advancements in capsule delivery technologies along with the transformation in the entire healthcare industry is further estimated to provide numerous growth opportunities for the global empty capsules market in the forthcoming years. However, price fluctuations regarding gelatin material, ethical concerns, and stringent regulations in the pharmaceutical and medicine industry are estimated to hold back the growth of the global empty capsules market during the forecast period. Nevertheless, the escalating investments by pharmaceutical manufacturers in untapped economies proposes profitable and effective opportunities for the diversification of the market. Owing to which, the global empty capsules market is projected to grow rapidly in the coming years.

MMC Overview

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Empty Capsules market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Empty Capsules Market Key Players

Some of the key participating players in global empty capsules market are:

    Medi-Caps Ltd.

    Capsugel (Lonza)

    ACG Worldwide

    Qualicaps, Inc.

    Roxlor LLC

    CapsCanada Corporation

    Bright Pharma Caps, Inc.

    Snail Pharma Industry Co., Ltd.

    Banner Pharmacaps, Inc. (Patheon Inc.)

    Suheung Co. Ltd.

    Qingdao Yiqing Medicinal Capsules Co., Ltd.

    Shanxi Guangsheng Medicinal Capsules Co., Ltd.

    Healthcaps India Ltd.

    Sunil Healthcare Ltd.

    Nectar Lifesciences Ltd.

    Natural Capsules Ltd.

Empty Capsules Market Segmentation

The global empty capsules market is segmented on the basis of product type, application, functionality, end-user, and region.

By Product Type

    Gelatin Capsules

o    Pig Meat Gelatin

o    Bovine-Derived Gelatin

o    Bone Meal

o    Other Gelatin Sources

    Non-Gelatin Capsules

o    Hydroxypropyl Methylcellulose (HPMC)

o    Pullulan & Starch Material

By Application

    Antibiotic & Antibacterial Drugs

    Dietary Supplements

    Antacid & Antiflatulent Preparations

    Antianemic Preparations

    Anti-Inflammatory Drugs

    Cardiovascular Therapy Drugs

    Cough & Cold Drugs

    Other Applications

By Functionality

    Immediate-Release Capsules

    Sustained-Release Capsules

    Delayed-Release Capsules

By End User

    Pharmaceutical Industry

    Nutraceutical Industry

    Cosmetic Industry

    Research Laboratories

By Region

    North America

    Latin America

    Europe

    Asia Pacific

    Middle East

    Africa

1.    Global Empty Capsules Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Empty Capsules Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Empty Capsules Market Snapshot

2.4.    Global Empty Capsules Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Empty Capsules Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Empty Capsules Market, By Product Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Product Type

3.1.2.    BPS Analysis, By Product Type

3.2.    Market Revenue (US$Mn) Forecast, By Product Type

3.2.1.    Gelatin Capsules

3.2.1.1.    Pig Meat Gelatin

3.2.1.2.    Bovine-Derived Gelatin

3.2.1.3.    Bone Meal

3.2.1.4.    Other Gelatin Sources

3.2.2.    Non-Gelatin Capsules

3.2.2.1.    Hydroxypropyl Methylcellulose (HPMC)

3.2.2.2.    Pullulan & Starch Material

3.3.    Global Empty Capsules Market Attractiveness Index, By Product Type

4.    Global Empty Capsules Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) Forecast, By Application

4.2.1.    Antibiotic & Antibacterial Drugs

4.2.2.    Dietary Supplements

4.2.3.    Antacid & Antiflatulent Preparations

4.2.4.    Antianemic Preparations

4.2.5.    Anti-Inflammatory Drugs

4.2.6.    Cardiovascular Therapy Drugs

4.2.7.    Cough & Cold Drugs

4.2.8.    Other Applications

4.3.    Global Empty Capsules Market Attractiveness Index, By Application

5.    Global Empty Capsules Market, By Functionality

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Functionality

5.1.2.    BPS Analysis, By Functionality

5.2.    Market Revenue (US$Mn) Forecast, By Functionality

5.2.1.    Immediate-Release Capsules

5.2.2.    Sustained-Release Capsules

5.2.3.    Delayed-Release Capsules

5.3.    Global Empty Capsules Market Attractiveness Index, By Functionality

6.    Global Empty Capsules Market, By End User

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By End User

6.1.2.    BPS Analysis, By End User

6.2.    Market Revenue (US$Mn) Forecast, By End User

6.2.1.    Pharmaceutical Industry

6.2.2.    Nutraceutical Industry

6.2.3.    Cosmetic Industry

6.2.4.    Research Laboratories

6.3.    Global Empty Capsules Market Attractiveness Index, By End User

7.    Global Empty Capsules Market, By Region

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Region

7.1.2.    BPS Analysis, By Region

7.2.    Market Revenue (US$Mn) Forecast, By Region

7.2.1.    North America

7.2.2.    Latin America

7.2.3.    Europe

7.2.4.    Asia Pacific

7.2.5.    Middle East and Africa

7.3.    Global Empty Capsules Market Attractiveness Index, By Region

8.    North America Empty Capsules Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market Revenue (US$Mn) Forecast, By Country

8.2.1.    U.S. Empty Capsules Market

8.2.2.    Canada Empty Capsules Market

8.3.    North America Empty Capsules Market, By Product Type

8.3.1.    Gelatin Capsules

8.3.1.1.    Pig Meat Gelatin

8.3.1.2.    Bovine-Derived Gelatin

8.3.1.3.    Bone Meal

8.3.1.4.    Other Gelatin Sources

8.3.2.    Non-Gelatin Capsules

8.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

8.3.3.    Pullulan & Starch Material

8.4.    North America Empty Capsules Market, By Application

8.4.1.    Antibiotic & Antibacterial Drugs

8.4.2.    Dietary Supplements

8.4.3.    Antacid & Antiflatulent Preparations

8.4.4.    Antianemic Preparations

8.4.5.    Anti-Inflammatory Drugs

8.4.6.    Cardiovascular Therapy Drugs

8.4.7.    Cough & Cold Drugs

8.4.8.    Other Applications

8.5.    North America Empty Capsules Market, By Functionality

8.5.1.    Immediate-Release Capsules

8.5.2.    Sustained-Release Capsules

8.5.3.    Delayed-Release Capsules

8.6.    North America Empty Capsules Market, By End User

8.6.1.    Pharmaceutical Industry

8.6.2.    Nutraceutical Industry

8.6.3.    Cosmetic Industry

8.6.4.    Research Laboratories

8.7.    North America Empty Capsules Market Attractiveness Index

8.7.1.    By Country

8.7.2.    By Product Type

8.7.3.    By Functionality

8.7.4.    By Application

8.7.5.    By End User

9.    Latin America Empty Capsules Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

9.2.1.    Brazil Empty Capsules Market

9.2.2.    Mexico Empty Capsules Market

9.2.3.    Argentina Empty Capsules Market

9.2.4.    Rest of Latin America Empty Capsules Market

9.3.    Latin America Empty Capsules Market, By Product Type

9.3.1.    Gelatin Capsules

9.3.1.1.    Pig Meat Gelatin

9.3.1.2.    Bovine-Derived Gelatin

9.3.1.3.    Bone Meal

9.3.1.4.    Other Gelatin Sources

9.3.2.    Non-Gelatin Capsules

9.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

9.3.3.    Pullulan & Starch Material

9.4.    Latin America Empty Capsules Market, By Application

9.4.1.    Antibiotic & Antibacterial Drugs

9.4.2.    Dietary Supplements

9.4.3.    Antacid & Antiflatulent Preparations

9.4.4.    Antianemic Preparations

9.4.5.    Anti-Inflammatory Drugs

9.4.6.    Cardiovascular Therapy Drugs

9.4.7.    Cough & Cold Drugs

9.4.8.    Other Applications

9.5.    Latin America Empty Capsules Market, By Functionality

9.5.1.    Immediate-Release Capsules

9.5.2.    Sustained-Release Capsules

9.5.3.    Delayed-Release Capsules

9.6.    Latin America Empty Capsules Market, By End User

9.6.1.    Pharmaceutical Industry

9.6.2.    Nutraceutical Industry

9.6.3.    Cosmetic Industry

9.6.4.    Research Laboratories

9.7.    Latin America Empty Capsules Market Attractiveness Index

9.7.1.    By Country

9.7.2.    By Product Type

9.7.3.    By Functionality

9.7.4.    By Application

9.7.5.    By End User

10.    Europe Empty Capsules Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

10.2.1.    U.K. Empty Capsules Market

10.2.2.    Germany Empty Capsules Market

10.2.3.    Italy Empty Capsules Market

10.2.4.    France Empty Capsules Market

10.2.5.    Spain Empty Capsules Market

10.2.6.    Russia Empty Capsules Market

10.2.7.    Poland Empty Capsules Market

10.2.8.    BENELUX Empty Capsules Market

10.2.9.    NORDIC Empty Capsules Market

10.2.10.    Rest of Europe Empty Capsules Market

10.3.    Europe Empty Capsules Market, By Product Type

10.3.1.    Gelatin Capsules

10.3.1.1.    Pig Meat Gelatin

10.3.1.2.    Bovine-Derived Gelatin

10.3.1.3.    Bone Meal

10.3.1.4.    Other Gelatin Sources

10.3.2.    Non-Gelatin Capsules

10.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

10.3.3.    Pullulan & Starch Material

10.4.    Europe Empty Capsules Market, By Application

10.4.1.    Antibiotic & Antibacterial Drugs

10.4.2.    Dietary Supplements

10.4.3.    Antacid & Antiflatulent Preparations

10.4.4.    Antianemic Preparations

10.4.5.    Anti-Inflammatory Drugs

10.4.6.    Cardiovascular Therapy Drugs

10.4.7.    Cough & Cold Drugs

10.4.8.    Other Applications

10.5.    Europe Empty Capsules Market, By Functionality

10.5.1.    Immediate-Release Capsules

10.5.2.    Sustained-Release Capsules

10.5.3.    Delayed-Release Capsules

10.6.    Europe Empty Capsules Market, By End User

10.6.1.    Pharmaceutical Industry

10.6.2.    Nutraceutical Industry

10.6.3.    Cosmetic Industry

10.6.4.    Research Laboratories

10.7.    Europe Empty Capsules Market Attractiveness Index

10.7.1.    By Country

10.7.2.    By Product Type

10.7.3.    By Functionality

10.7.4.    By Application

10.7.5.    By End User

11.    Asia Pacific Empty Capsules Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

11.2.1.    China Empty Capsules Market

11.2.2.    India Empty Capsules Market

11.2.3.    Japan Empty Capsules Market

11.2.4.    Australia and New Zealand Empty Capsules Market

11.2.5.    South Korea Empty Capsules Market

11.2.6.    ASEAN Empty Capsules Market

11.2.7.    Rest of Asia Pacific Empty Capsules Market

11.3.    Asia Pacific Empty Capsules Market, By Product Type

11.3.1.    Gelatin Capsules

11.3.1.1.    Pig Meat Gelatin

11.3.1.2.    Bovine-Derived Gelatin

11.3.1.3.    Bone Meal

11.3.1.4.    Other Gelatin Sources

11.3.2.    Non-Gelatin Capsules

11.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

11.3.3.    Pullulan & Starch Material

11.4.    Asia Pacific Empty Capsules Market, By Application

11.4.1.    Antibiotic & Antibacterial Drugs

11.4.2.    Dietary Supplements

11.4.3.    Antacid & Antiflatulent Preparations

11.4.4.    Antianemic Preparations

11.4.5.    Anti-Inflammatory Drugs

11.4.6.    Cardiovascular Therapy Drugs

11.4.7.    Cough & Cold Drugs

11.4.8.    Other Applications

11.5.    Asia Pacific Empty Capsules Market, By Functionality

11.5.1.    Immediate-Release Capsules

11.5.2.    Sustained-Release Capsules

11.5.3.    Delayed-Release Capsules

11.6.    Asia Pacific Empty Capsules Market, By End User

11.6.1.    Pharmaceutical Industry

11.6.2.    Nutraceutical Industry

11.6.3.    Cosmetic Industry

11.6.4.    Research Laboratories

11.7.    Asia Pacific Empty Capsules Market Attractiveness Index

11.7.1.    By Country

11.7.2.    By Product Type

11.7.3.    By Functionality

11.7.4.    By Application

11.7.5.    By End User

12.    Middle East Empty Capsules Market, By Region

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

12.2.1.    GCC Countries Empty Capsules Market

12.2.2.    Israel Empty Capsules Market

12.2.3.    Oman Empty Capsules Market

12.2.4.    Rest of Middle East Empty Capsules Market

12.3.    Middle East Empty Capsules Market, By Product Type

12.3.1.    Gelatin Capsules

12.3.1.1.    Pig Meat Gelatin

12.3.1.2.    Bovine-Derived Gelatin

12.3.1.3.    Bone Meal

12.3.1.4.    Other Gelatin Sources

12.3.2.    Non-Gelatin Capsules

12.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

12.3.3.    Pullulan & Starch Material

12.4.    Middle East Empty Capsules Market, By Application

12.4.1.    Antibiotic & Antibacterial Drugs

12.4.2.    Dietary Supplements

12.4.3.    Antacid & Antiflatulent Preparations

12.4.4.    Antianemic Preparations

12.4.5.    Anti-Inflammatory Drugs

12.4.6.    Cardiovascular Therapy Drugs

12.4.7.    Cough & Cold Drugs

12.4.8.    Other Applications

12.5.    Middle East Empty Capsules Market, By Functionality

12.5.1.    Immediate-Release Capsules

12.5.2.    Sustained-Release Capsules

12.5.3.    Delayed-Release Capsules

12.6.    Middle East Empty Capsules Market, By End User

12.6.1.    Pharmaceutical Industry

12.6.2.    Nutraceutical Industry

12.6.3.    Cosmetic Industry

12.6.4.    Research Laboratories

12.7.    Middle East Empty Capsules Market Attractiveness Index

12.7.1.    By Country

12.7.2.    By Product Type

12.7.3.    By Functionality

12.7.4.    By Application

12.7.5.    By End User

13.    Africa Empty Capsules Market, By Region

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

13.2.1.    South Africa Empty Capsules Market

13.2.2.    Egypt Empty Capsules Market

13.2.3.    North Africa Empty Capsules Market

13.2.4.    Rest of Africa Empty Capsules Market

13.3.    Africa Empty Capsules Market, By Product Type

13.3.1.    Gelatin Capsules

13.3.1.1.    Pig Meat Gelatin

13.3.1.2.    Bovine-Derived Gelatin

13.3.1.3.    Bone Meal

13.3.1.4.    Other Gelatin Sources

13.3.2.    Non-Gelatin Capsules

13.3.2.1.    Hydroxypropyl Methylcellulose (HPMC)

13.3.3.    Pullulan & Starch Material

13.4.    Africa Empty Capsules Market, By Application

13.4.1.    Antibiotic & Antibacterial Drugs

13.4.2.    Dietary Supplements

13.4.3.    Antacid & Antiflatulent Preparations

13.4.4.    Antianemic Preparations

13.4.5.    Anti-Inflammatory Drugs

13.4.6.    Cardiovascular Therapy Drugs

13.4.7.    Cough & Cold Drugs

13.4.8.    Other Applications

13.5.    Africa Empty Capsules Market, By Functionality

13.5.1.    Immediate-Release Capsules

13.5.2.    Sustained-Release Capsules

13.5.3.    Delayed-Release Capsules

13.6.    Africa Empty Capsules Market, By End User

13.6.1.    Pharmaceutical Industry

13.6.2.    Nutraceutical Industry

13.6.3.    Cosmetic Industry

13.6.4.    Research Laboratories

13.7.    Africa Empty Capsules Market Attractiveness Index

13.7.1.    By Country

13.7.2.    By Product Type

13.7.3.    By Functionality

13.7.4.    By Application

13.7.5.    By End User

14.    Recommendation

14.1.    Market Strategy

15.    Competitive Landscape

15.1.    Competition Dashboard

15.2.    List and Company Overview of Global Key Players

15.3.    Company Profiles

15.3.1.    Medi-Caps Ltd.

15.3.1.1.    Company Overview

15.3.1.2.    Financial Overview

15.3.1.3.    Product Portfolio

15.3.1.4.    Key Developments

15.3.1.5.    Business Strategies

15.3.2.    Capsugel (Lonza)

15.3.3.    ACG Worldwide

15.3.4.    Qualicaps, Inc.

15.3.5.    Roxlor LLC

15.3.6.    CapsCanada Corporation

15.3.7.    Bright Pharma Caps, Inc.

15.3.8.    Snail Pharma Industry Co., Ltd.

15.3.9.    Banner Pharmacaps, Inc. (Patheon Inc.)

15.3.10.    Suheung Co. Ltd.

15.3.11.    Qingdao Yiqing Medicinal Capsules Co., Ltd.

15.3.12.    Shanxi Guangsheng Medicinal Capsules Co., Ltd.

15.3.13.    Healthcaps India Ltd.

15.3.14.    Sunil Healthcare Ltd.

15.3.15.    Nectar Lifesciences Ltd.

15.3.16.    Natural Capsules Ltd.

16.    Acronyms