About Empty Capsules
The hard capsule is a drug form (or galenic form) used when the drug (or the other substance to be utilized by the oral way) it contains, contains a strong odor or an unpleasant taste that you just wishes to mask. it is also used when the drug encompasses a texture tough to place within the sort of a tablet. Normally, the active product must be a dry powder, because the gelatin disaggregates when in-tuned with water; it's possible to place liquids in a very hard capsule, but only is included in an absorbing substrate (aerosil for example), or right before swallowing the capsule (it is that the case for essential oils). the hard capsules will be crammed with oily liquids, but in industrial environments only. It's possible to cover in an exceeding capsule a smaller product as a compressed tablet or another smaller capsule, for instance for clinical trials. a tough capsule is usually a packaging form easy to comprehend, with cheap material, from where its success in hospital, in pharmacies, and even at private individuals doing themselves their mixtures of plants. Empty capsules are the foremost common option to store herbs, medicines, and powders. The rising demand for natural health products has encouraged the event of the latest materials that may satisfy the necessity of those who require custom dietary supplements. With the assistance of empty capsules, one can turn their herbs into vitamin supplements that one can take a day. Moreover, empty capsules are easily digested even by people with weak stomach acids. Further, empty capsules are tasteless, colorless, and odorless, making them perfect for encasing bitter herbs
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and Indian Players will contribute the maximum growth to Global Empty Capsules market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Capsugel (United States), ACG Worldwide (India), Qualicaps (United States), Suheung Co. Ltd. (South Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd. (China), Healthcaps India Ltd. (India), Roxlor (United States) and Sunil Healthcare Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Medi-Caps Ltd. (India), Nectar Lifesciences Ltd. (India), Natural Capsules Ltd. (India) and Bright Pharma Caps Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Empty Capsules market by Type (Gelatin Capsule and Non-gelatin Capsule), Application (Antibiotic & Antibacterial Drug, Vitamin & Dietary Supplement, Antacids & Anti-flatulent Preparation, Cardiac Therapy Drug and Other Applications) and Region.
On the basis of Type, Gelatin Capsule are dominating the market in the year 2023 where as Non-gelatin Capsule stood as second largest market share.
On the basis of application, Antibiotic & Antibacterial Drug segment is dominating the market in the year 2023 where as Vitamin & Dietary Supplement segment stood as second largest market .On the basis of geography, the market of Empty Capsules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Functionality, the sub-segment i.e. Immediate-Release Capsules will boost the Empty Capsules market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Pharmaceutical Industry will boost the Empty Capsules market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in demand for empty capsules in nutraceutical industry and New technological developments in empty capsules
Market Growth Drivers:
Increasing geriatric population worldwide and High demand of empty capsules from end use industries
Challenges:
Religious and cultural issues concerned with the consumption of capsules containing animal-derived inactive ingredients
Restraints:
Rising prices of raw materials
Opportunities:
Growing focus on sports nutrition
Market Leaders and their expansionary development strategies
In Feb 2021 - Qualicaps Europe, s.a.u. expands its presence in the South Asia region. With two production sites based in Europe and teams comprised of capsule manufacturing experts located in the EMEA & South Asia regions, Qualicaps is highly prepared to continue offering, in these three newly integrated regions, high standards of quality, functionality, and performance: product and service quality, collaboration in the scientific, technical and service aspects of the capsule delivery form, and flexibility to fulfill special customer needs.
In May 2021 - Qualicaps Europe launches its high quality and reliable range of titanium dioxide-free capsules. and In Oct 2020 - Lonza Expands Its Capsule Manufacturing Capacity. The new expansion involves eight global Lonza sites. The investment aims to address the increasing global demand for capsules
Any change in capsule composition or appearance, including change in size, color or dye, or a change from gelatin to non-gelatin alternative, should be categorized as a prior approval supplement (PAS)
Key Target Audience
Manufacturers of empty capsule, Suppliers of car empty capsule parts, Healthcare industry, Pharmaceuticals, Governmental bodies, Research firm, Nutraceutical R&D laboratories, OTC/cosmetic product manufacturers and Distributors and suppliers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.