PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1076132
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1076132
Global Empty Capsules Market, By Type, By Functionality, By Therapeutic Application, By End User, By Region (North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa Trend Analysis, Competitive Market Share & Forecast, 2018-2028
Global Empty Capsules Market to Reach USD 4.3 Billion by 2028
The global empty capsules market is growing at a high CAGR because of the flourishing pharmaceutical and nutraceuticals industry along with increasing demand for various types of medicines for various chronic and infectious diseases…
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global empty capsules market was worth USD 2.7 billion in the year 2021. The market is projected to grow at a CAGR of 7.40%, with revenues reaching USD 4.3 billion by the end of 2028. The global empty capsules market is expanding at a high rate owing to the flourishing pharmaceutical and nutraceuticals industry along with increasing demand for various types of medicines for various chronic and infectious diseases. However, increasing shortage of gelatin as a raw material may act as a huge restraining factor for the global empty capsules market.
Flourishing Nutraceutical Sector is Boosting Global Empty Capsules Market
The demand for nutraceutical is gaining huge traction in the market owing to the rising focus towards preventing healthcare. These products offer physiological benefits or protection against chronic diseases. Therefore, it is garnering huge popularity among young working adults owing to the changing lifestyle and rising prevalence of chronic diseases. As a result, the demand for empty capsules is anticipated to surge in the forecast period with rising production of nutraceuticals.
Empty Capsules Market - By Therapeutic Application
Based on therapeutic application, the global empty capsules market is segmented into antibiotic & antibacterial drugs, dietary supplements, antacid & antiflatulent preparations, antianemic preparations, anti-inflammatory drugs, cardiovascular therapy drugs, cough & cold drugs, and other therapeutic applications. The antibiotic & antibacterial drugs segment accounts for the largest market share owing to the rising demand for antibiotic industries owing to increasing prevalence of various bacterial infections worldwide.
Empty Capsules Market - By Functionality
Based on functionality, the global empty capsules market is segmented into immediate-release capsules, sustained-release capsules, and delayed-release capsules. The immediate-release capsules segment holds the largest market share owing to its prominent use in making painkillers, dietary supplements, antibacterials, antibiotics, etc. The immediate-release capsules are more popular in the market since it provides immediate relief instead of steady foundation. However, the sustained-release capsules segment also covers a substantial market share.
Empty Capsules Market - Regional Insights
Geographically, the global empty capsules market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominates the empty capsules market owing to the rising demand for nutraceuticals products due to consumer awareness. The demand for nutraceuticals is gaining huge traction since they are expected to provide physiological benefits and prevent chronic diseases. However, the Asia-Pacific region is projected to witness the highest growth rate during the forecast period.
Impact of COVID-19 on Empty Capsules Market
The COVID-19 pandemic outbreak negatively impacted the growth of the empty capsules market. The supply of empty capsules was hindered due to restrictions in distribution channels and operations of pharmaceutical companies, which largely affected its exports. Furthermore, the pharmaceutical companies and research institutes shifted their focus towards COVID-19 treatment and vaccine development. As a result, the launch of new generic medicines and nutraceuticals declined, resulting in a significant decline in the demand for empty capsules.
Competitive Landscape
The leading market players of the empty capsules market are Capsugel, Inc., ACG Worldwide, Shanxi JC Biological Technology Co. Ltd, Bright Pharma Caps Inc., Nectar Lifesciences Ltd, Capscanada Corporation, Healthcaps India Ltd, Lonza Group, Shanxi Guangsheng Medicinal Capsules Co. Ltd, Medi-Caps Ltd, Qingdao Yiqing Medicinal Capsules Co. Ltd, Qualicaps, Suheung Capsule Co. Ltd, Sunil Healthcare Ltd., Roxlor LLC, and other prominent players.
The empty capsules market is highly competitive and fragmented with the presence of several regional players. The companies launch different types of empty capsules and significantly focus on improving their distribution channels to increase their product penetration. Furthermore, the adoption of competitive strategies such as partnerships, collaborations, mergers, acquisitions, etc., is also prominent in this market.
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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global empty capsules market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global empty capsules market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
About Us
BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Research Methodology
- 2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
- 2.2. Quantitative Research
- 2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
- 2.4. Breakdown of Primary Research Respondents, By Region
- 2.5. Assumption & Limitation
3. Executive Summary
4. Global Empty Capsules Market Insights
- 4.1. Industry Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
- 4.3. Technological Landscape/Recent Development
- 4.4. Regulatory Framework
- 4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Intensity of Rivalry
5. Global Empty Capsules Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.1.1. Gelatin Capsules
- 5.2.1.2. Non-gelatin Capsules
- 5.2.2. By Functionality
- 5.2.2.1. Immediate-release Capsules
- 5.2.2.2. Delayed-release Capsules
- 5.2.2.3. Sustained-release Capsules
- 5.2.3. By Therapeutic Application
- 5.2.3.1. Antibiotic and Antibacterial Drugs
- 5.2.3.2. Vitamins and Dietary Supplements
- 5.2.3.3. Antacid and Antiflatulent Preparations
- 5.2.3.4. Cardiovascular Therapy Drugs
- 5.2.3.5. Other Therapeutic Applications
- 5.2.4. By End User
- 5.2.4.1. Pharmaceutical Industry
- 5.2.4.2. Nutraceutical Industry
- 5.2.4.3. Cosmetics Industry
- 5.2.4.4. Research Laboratories
- 5.2.5. By Region
- 5.2.5.1. North America
- 5.2.5.2. Europe
- 5.2.5.3. The Asia-Pacific
- 5.2.5.4. Latin America
- 5.2.5.5. The Middle-East and Africa
- 5.2.1. By Product
6. North America Empty Capsules Market
- 6.1. Market Size & Forecast by Value, 2018-2028
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Functionality
- 6.2.3. By Therapeutic Application
- 6.2.4. By End User
- 6.2.5. By Country
- 6.2.5.1. United States
- 6.2.5.2. Canada
7. Europe Empty Capsules Market
- 7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Functionality
- 7.2.3. By Therapeutic Application
- 7.2.4. By End User
- 7.2.5. By Country
- 7.2.5.1. Germany
- 7.2.5.2. United Kingdom
- 7.2.5.3. Italy
- 7.2.5.4. France
- 7.2.5.5. Spain
- 7.2.5.6. Rest of Europe
8. Asia Pacific Empty Capsules Market
- 8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Functionality
- 8.2.3. By Therapeutic Application
- 8.2.4. By End User
- 8.2.5. By Country
- 8.2.5.1. China
- 8.2.5.2. India
- 8.2.5.3. Japan
- 8.2.5.4. South Korea
- 8.2.5.5. Rest of Asia Pacific
9. Latin America Empty Capsules Market
- 9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Functionality
- 9.2.3. By Therapeutic Application
- 9.2.4. By End User
- 9.2.5. By Country
- 9.2.5.1. Brazil
- 9.2.5.2. Mexico
- 9.2.5.3. Rest of Latin America
10. Middle East & Africa Empty Capsules Market
- 10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Functionality
- 10.2.3. By Therapeutic Application
- 10.2.4. By End User
- 10.2.5. By Country
- 10.2.5.1. Saudi Arabia
- 10.2.5.2. UAE
- 10.2.5.3. South Africa
- 10.2.5.4. Rest of Middle East & Africa
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on Global Empty Capsules Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- 13.1. Capsugel
- 13.2. ACG Worldwide
- 13.3. Qualicaps
- 13.4. Suheung Co. Ltd.
- 13.5. CapsCanada Corporation
- 13.6. Qingdao Yiqing Medicinal Capsules Co., Ltd.
- 13.7. Mitsubishi Chemical Holdings Corporation
- 13.8. Shanxi Guangsheng Medicinal Capsules Co., Ltd.
- 13.9. Healthcaps India Ltd.
- 13.10. Medi-Caps Ltd
- 13.11. Lonza Group (Capsugel)
- 13.12. Bright Pharma Caps Inc.,
- 13.13. Roxlor LLC
- 13.14. Snail Pharma Industry Co. Ltd
- 13.15. Suheung Co., Ltd
- 13.16. Sunil Healthcare Ltd
- 13.17. Other Prominent Players
14. Key Strategic Recommendations
List of Figures
- Figure 1 Global Empty Capsules Segmentation
- Figure 2 Global Empty Capsules Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 Global Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 5 Global Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 6 Global Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 7 Global Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 8 Global Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 9 Global Empty Capsules Market Share, By Region, By Value, 2018-2028
- Figure 10 North America Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 11 North America Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 12 North America Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 13 North America Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 14 North America Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 15 North America Empty Capsules Market Share, By Country, By Value, 2018-2028
- Figure 16 Europe Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 17 Europe Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 18 Europe Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 19 Europe Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 20 Europe Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 21 Europe Empty Capsules Market Share, By Country, By Value, 2018-2028
- Figure 22 Asia-Pacific Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 23 Asia-Pacific Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 24 Asia-Pacific Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 25 Asia-Pacific Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 26 Asia-Pacific Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 27 Asia-Pacific Empty Capsules Market Share, By Country, By Value, 2018-2028
- Figure 28 Latin America Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 29 Latin America Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 30 Latin America Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 31 Latin America Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 32 Latin America Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 33 Latin America Empty Capsules Market Share, By Country, By Value, 2018-2028
- Figure 34 Middle East & Africa Empty Capsules Market Size, By Value (USD Million), 2018-2028
- Figure 35 Middle East & Africa Empty Capsules Market Share, By Product, By Value, 2018-2028
- Figure 36 Middle East & Africa Empty Capsules Market Share, By Function, By Value, 2018-2028
- Figure 37 Middle East & Africa Empty Capsules Market Share, By Therapeutic Application, By Value, 2018-2028
- Figure 38 Middle East & Africa Empty Capsules Market Share, By End User, By Value, 2018-2028
- Figure 39 Middle East & Africa Empty Capsules Market Share, By Country, By Value, 2018-2028
List of Tables
- Table 1 Global Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 2 Global Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 3 Global Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 4 Global Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 5 Global Empty Capsules Market Size, By Region, By Value, 2018-2028
- Table 6 North America Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 7 North America Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 8 North America Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 9 North America Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 10 North America Empty Capsules Market Size, By Country, By Value, 2018-2028
- Table 11 Europe Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 12 Europe Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 13 Europe Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 14 Europe Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 15 Europe Empty Capsules Market Size, By Country, By Value, 2018-2028
- Table 16 Asia-Pacific Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 17 Asia-Pacific Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 18 Asia-Pacific Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 19 Asia-Pacific Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 20 Asia-Pacific Empty Capsules Market Size, By Country, By Value, 2018-2028
- Table 21 Latin America Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 22 Latin America Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 23 Latin America Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 24 Latin America Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 25 Latin America Empty Capsules Market Size, By Country, By Value, 2018-2028
- Table 26 Middle East & Africa Empty Capsules Market Size, By Product, By Value, 2018-2028
- Table 27 Middle East & Africa Empty Capsules Market Size, By Function, By Value, 2018-2028
- Table 28 Middle East & Africa Empty Capsules Market Size, By Therapeutic Application, By Value, 2018-2028
- Table 29 Middle East & Africa Empty Capsules Market Size, By End User, By Value, 2018-2028
- Table 30 Middle East & Africa Empty Capsules Market Size, By Country, By Value, 2018-2028
- Table 31 Capsugel Company Overview
- Table 32 Capsugel Financial Overview
- Table 33 ACG Worldwide Company Overview
- Table 34 ACG Worldwide Financial Overview
- Table 35 Suheung Co. Ltd. Company Overview
- Table 36 Suheung Co. Ltd. Financial Overview
- Table 37 CapsCanada Corporation Company Overview
- Table 38 CapsCanada Corporation Financial Overview
- Table 39 Mitsubishi Chemical Holdings Corporation Company Overview
- Table 40 Mitsubishi Chemical Holdings Corporation Financial Overview
- Table 41 Healthcaps India Ltd. Company Overview
- Table 42 Healthcaps India Ltd. Financial Overview
- Table 43 Medi-Caps Ltd Company Overview
- Table 44 Medi-Caps Ltd Financial Overview
- Table 45 LonzaGroup (Capsugel) Company Overview
- Table 46 LonzaGroup (Capsugel) Financial Overview
- Table 47 Bright Pharma Caps Inc., Company Overview
- Table 48 Bright Pharma Caps Inc., Financial Overview
- Table 49 Roxlor LLC Company Overview
- Table 50 Roxlor LLC Financial Overview
- Table 51 Snail Pharma Industry Co. Ltd Company Overview
- Table 52 Snail Pharma Industry Co. Ltd Financial Overview
- Table 53 Suheung Co., Ltd Company Overview
- Table 54 Suheung Co., Ltd Financial Overview
- Table 55 Sunil Healthcare Ltd Company Overview
- Table 56 Sunil Healthcare Ltd Financial Overview
