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$Mn) and Volume (Units) Forecast, By Country
13.2.1. South Africa Empty Capsules Market
13.2.2. Egypt Empty Capsules Market
13.2.3. North Africa Empty Capsules Market
13.2.4. Rest of Africa Empty Capsules Market
13.3. Africa Empty Capsules Market, By Product Type
13.3.1. Gelatin Capsules
13.3.1.1. Pig Meat Gelatin
13.3.1.2. Bovine-Derived Gelatin
13.3.1.3. Bone Meal
13.3.1.4. Other Gelatin Sources
13.3.2. Non-Gelatin Capsules
13.3.2.1. Hydroxypropyl Methylcellulose (HPMC)
13.3.3. Pullulan & Starch Material
13.4. Africa Empty Capsules Market, By Application
13.4.1. Antibiotic & Antibacterial Drugs
13.4.2. Dietary Supplements
13.4.3. Antacid & Antiflatulent Preparations
13.4.4. Antianemic Preparations
13.4.5. Anti-Inflammatory Drugs
13.4.6. Cardiovascular Therapy Drugs
13.4.7. Cough & Cold Drugs
13.4.8. Other Applications
13.5. Africa Empty Capsules Market, By Functionality
13.5.1. Immediate-Release Capsules
13.5.2. Sustained-Release Capsules
13.5.3. Delayed-Release Capsules
13.6. Africa Empty Capsules Market, By End User
13.6.1. Pharmaceutical Industry
13.6.2. Nutraceutical Industry
13.6.3. Cosmetic Industry
13.6.4. Research Laboratories
13.7. Africa Empty Capsules Market Attractiveness Index
13.7.1. By Country
13.7.2. By Product Type
13.7.3. By Functionality
13.7.4. By Application
13.7.5. By End User
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global empty capsules market in 2020 is estimated for more than US$ 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%.
What are the key factors driving the growth of market?
The popularity of capsules in the healthcare sector over other drug delivery forms and 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
What segments are covered in market report?
The global empty capsules market is segmented on the basis of product type, application, functionality, end-user, and region.
What are the key participating players in the market?
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., and Natural Capsules Ltd.
