About Hard Capsule Gelatin
Capsules are solid dosage forms in which the drug substances are enclosed within or either a hard or soft soluble shell, usually formed from gelatine.A hard gelatine capsule is a sort of capsule that is typically used to contain medication as a dry powder or tiny pellets. Oral prescriptions incorporate tablets and hard gelatine capsule that are loaded up with powder. Hard gelatine capsule are generally loaded up with powders, granules, or little pellets. The hard gelatine capsules consist of two pieces in the form of cylinders closed at one end.
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 CHINA and India Players will contribute the maximum growth to Global Hard Capsule Gelatin 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 (Japan), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd (China), Healthcaps India Ltd. (India), Snail Pharma Industry Co. Ltd. (China), 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 Hard Capsule Gelatin market by Type (Transparent, Translucent and Opaque), Application (Preparation of Drugs and Preparation of Health Care Products) and Region.
On the basis of geography, the market of Hard Capsule Gelatin 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). If we see Market by Excipients used , the sub-segment i.e. Powder filled capsule will boost the Hard Capsule Gelatin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source of Gelatin, the sub-segment i.e. Animal bones will boost the Hard Capsule Gelatin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gelatin , the sub-segment i.e. Type A (Acid Hydrolysis of pork skin) will boost the Hard Capsule Gelatin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for empty capsules in the nutraceutical & cosmetic industries, Growing demand & adoption of vegetarian capsules and Increasing collaborations among empty capsule manufacturers
Market Growth Drivers:
Growth of the pharmaceutical market, along with increasing R&D activities and clinical trials, Advancements in capsule delivery technologies and Versatility and superiority of gelatine in pharmaceutical applications
Challenges:
Rising prices and lower availability of raw materials in the gelatine industry
Restraints:
Cultural restrictions limit the growth of pharmaceutical gelatine
Opportunities:
Technology and material and machinery advances have been significant improvement in the current days hence capsules are the most preferred dosage forms than other conventional forms
Market Leaders and their expansionary development strategies
In January 2022, Qualicaps® has acquired Brazil’s leading two-piece hard capsule manufacturer Genix Industria Farmaceutica, which has operations in the pharmaceutical hub of Goais, as well as commercial activities managed from Sao Paulo. Qualicaps® is a global manufacturer of two-piece hard capsules and related pharmaceutical processing equipment. It belongs to the Mitsubishi Chemical Holdings Corporation through the Life Sciences Institute, which encompasses its healthcare portfolio.
In December 2019 natural capsules to acquire API business of Naari pharma private limited, it has entered into an arrangement to acquire API business of Naari pharma private limited. The Api & intermediate manufacturing business to diversify its current business solely focused on empty hard gelatin capsule manufacturing business.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hard Capsule Gelatine Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
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.