Empty Capsules Market Analysis 2016-2024: Global Industry Share, Growth, & Overview

Posted on 2018-08-23 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Aug-23 — /EPR Network/ —In order to increase the production capacity and further enhance the quality and range of its vegetarian capsule, Capsugel invested USD 25 million. Growing Asian and South American demand along with the likelihood of rising prices going to change the whole picture of the empty capsule market. The empty capsule market has become increasingly integrated and consolidated over the last few years and is now dominated by a very few multinational companies. Mergers are driven by a need to increase competitiveness and a consolidating customer base has been a recurring theme over the past decade.

According to Goldstein Research, global empty capsules market is segmented on the basis of product, application and by end-user. In 2016, the gelatin capsules segment accounted for the maximum revenue share of over 80% and are expected to continue its market dominance over the forecast period while non-gelatin based empty capsules tend to grow in a lucrative manner at a CAGR of 7% over the years due to its better stability and vegetarian origin that circumvent religious issues associated with capsules of animal origin.

“Global Empty capsules Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the healthcare industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others.

Our primary research team conducted various interviews, surveys and group discussions of industry empty capsules manufacturers, suppliers, and distributors, pharmaceutical & biotechnology companies, healthcare institutions, clinical centres, medical research laboratories and academic medical centres and universities to analyze the future prospects of the overall healthcare industry.

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Market Segmentation

Global Empty Capsules Market Segmentation can be classified on the basis of:

By Product

Gelatin-Based Empty Capsules
Marine caps
Bone Meal
Pig Skin Gelatin
Bovine-Derived Gelatin
Non-Gelatin Based Empty Capsules
HPMC (hydroxypropyl methylcellulose)
Pullulan & Starch Material

By Application

Antibiotic & Antibacterial Drugs
Vitamin & Dietary Supplements
Antacids & Anti-flatulent Preparations
Anti-anemic Preparations
Anti-Inflammatory & Anti-rheumatic Drugs
Cardiac Therapy Drugs
Cough & Cold Preparations

By End-Use Industry

Pharmaceutical
Nutraceutical
Cosmetics Industries
Research laboratories

By Geography

North America (US, Canada) Empty Capsules Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Empty Capsules Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) Empty Capsules Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) Empty Capsules Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Empty Capsules Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Market Trends, Drivers & Challenges

The ongoing trend of capsulation for cosmetic and personal care products for topical applications as many cosmetics and personal care products contain biologically active substances that require encapsulation for increased stability of the active materials. 68% of the Americans take dietary supplements that have remained consistent over the past five years as it impact their overall health, fill the nutrient gap and help to maintain energy and immune health favoring demand for innovative drug delivery formulations in the pharmaceutical industry and increased consumption of dietary supplements is driving the global empty capsules market. However, rising demand for leather and a shortage of pigskin and animal bone has caused increasing problems and led to the closure of some factories unable to obtain sufficient raw material. This has led to a slowing in the rate of supply increase of empty capsule market.

“Global Empty capsules Market Report” has been prepared based on an in-depth market analysis from industry experts. The market research report covers the competitive landscape and current position of major players in the market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. The global empty capsules market report also recognizes value chain analysis to understand the cost differentiation to provide the competitive advantage to the existing and new entry players.

About Goldstein Research

Based in the U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa.

We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Healthcare market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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