HPMC Capsules Market 2022
The main purpose of statistical analysis is to use data analysis and descriptive statistics. It helps to summarize data in a sample using metrics such as mean or standard deviation and inferential statistics. The report includes information and statistics on price levels, product locations, and product demand. The best thing about statistical analysis reporting is that it allows businesses to make decisions based on consumer preferences and purchasing power. Additionally, it provides demographic information such as the number of potential customers in a geographic area, income levels, consumer preferences, and more. With the help of HPMC Capsules Market statistical analysis, the market can obtain key information on how to analyze the data and samples collected.
The global HPMC capsules market is expected to be valued at USD 554.5 million by 2025
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The global HPMC capsules market is expected to reach a valuation of USD 554.5 million at a healthy CAGR of 10.9% between 2017 and 2025.
HPMC capsules are strictly non-toxic and are eligible for Kosher and Halal certification, which is why they are gaining popularity in many parts of the world. Additionally, these capsules can significantly boost the body’s metabolism by improving the absorption and digestion of proteins, fats and carbohydrates. HPMC capsules can be used to prepare non-animal medicines as well as cosmetic and health products. Persistence Market Research (PMR) recently conducted a study of the global HPMC capsules market and found that rapid approval of personalized medicine is leading to the development of a wider range of HPMC capsules. There is a large number of health-conscious consumers who seek natural “green” products and are willing to pay premium prices for such products.
Key companies –
Some of the top market players profiled in this PMR report include Capsugel, Qualicaps LLC, CapsCanada, ACG Worldwide, Sunil Healthcare Limited, Bright Pharma Caps, Inc., Suheung Co., Ltd., BioCaps Enterprise, Inc., HealthCaps India Ltd. , Baotou Capsule Technology Co., Ltd., Wuhan Karma Technology Co., Ltd., Shanghai Meixin Chemical Co., Ltd., Strohcaps, Inc., Shaoxing Kangke Capsule Co., Ltd., Zhejiang Yuexi Capsule Co., Ltd., GS Capsule, Natural Capsules Limited, Excellent Health Products Co. , Ltd, JC Empty Capsules, Farmacapsulas SA.
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In the report titled “HPMC Capsules Market: Global Industry Analysis and Forecast 2017-2025”, the global demand for HPMC capsules is expected to surge due to the following factors:
- Growing demand in the nutraceutical sector: The report states that the widespread use of HPMC capsules shows that nutraceutical companies are increasingly interested in mass production of such capsules.
- Emergence of new technologies: The advent of advanced research and manufacturing techniques has facilitated more convenient processing methods and also reduced the risk of drug cross-contamination. This in turn helps manufacturers reduce the additional cost of complex and expensive engineering controls and ensure product consistency.
- Low risk of side effects and high efficacy: HPMC-based drugs are also gaining traction in the market due to their suitability for patients at all stages of care (diagnosis, treatment and prevention). Over the years, HPMC drugs have become more reliable and efficient, driving their demand worldwide.
According to the report, by the end of 2017, HPMC capsules with gelling agents will account for nearly two-thirds of the overall market revenue share. The demand for his capsule type is expected to remain high throughout the forecast period. Approximately 118,989 million units of HPMC capsules with gelling agents are expected to be produced by 2025.
The report shows that food and beverage companies are the largest end users of HPMC capsules. At the end of the evaluation period, the food and beverage company’s global market revenue will be close to $358.8 million.
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Among regions, the North America HPMC capsules market accounted for a whopping 41.7% revenue share in 2016. The market in this region is expected to maintain its leading position over the forecast period. Meanwhile, European demand for HPMC capsules will remain high in 2017 and beyond. Hence, the market in this region is expected to experience a relatively high CAGR as compared to other regions.
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