PUBLISHER: IMARC | PRODUCT CODE: 1291590
PUBLISHER: IMARC | PRODUCT CODE: 1291590
Empty Capsules Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global empty capsules market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.
Empty capsules refer to a stable shell encapsulating medicines that are administered in the patient's body in various dosage forms, such as granules and pellets. They are commercially available in two varying types, gelatin and non-gelatin. The gelatin capsules (hard and soft) are a high collagen animal-based medicine manufactured from pig meat and beef and chicken connective tissues. On the other hand, the non-gelatin, or vegetarian capsule, is produced from the blend of starch and hydroxypropyl methylcellulose (HPMC). Currently, empty capsules find extensive applications in healthcare and therapeutic applications.
Empty Capsules Market Trends:
The increasing prevalence of cardiovascular and chronic diseases and the rising geriatric population are some of the key factors driving the empty capsule market growth. In line with this, the introduction of capsule-in-capsule technology to ensure gastrointestinal safety of those patients that did not receive capsule medication is another growth-inducing factor. Moreover, the rising demand for the immediate-release capsule by manufacturers for producing various medicinal products, such as antibacterial, antiacids, inhalers, dietary supplements, painkillers, and antibiotics, are contributing to the market growth. The rapid expansion in the healthcare industry and the widespread adoption of non-gelatin capsules, such as hydroxypropyl methylcellulose (HPMC) due to its moderate strength, transparency, and resistance to oil and fat properties, are propelling the market growth. Additionally, the increasing investments in the research and development (R&D) activities in the healthcare sector for introducing innovative therapeutics and pharmaceutical drugs is positively stimulating the market growth. Other factors, such as the easy access to advanced treatment options, strategic collaborations between the empty capsule suppliers and gelatin manufacturers, and the growing demand for various dietary supplements, immunity boosters, and drugs, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global empty capsules market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, raw material, functionality, therapeutic application and end user.
Breakup by Type:
Gelatin Capsule
Non-gelatin Capsule
Breakup by Raw Material:
Pig Meat
Bovine Meat
Bone
Hydroxypropyl Methylcellulose (HPMC)
Others
Breakup by Functionality:
Immediate-release Capsules
Sustained-release Capsules
Delayed-release Capsules
Breakup by Therapeutic Application:
Antibiotic and Antibacterial Drugs
Vitamins and Dietary Supplements
Antacid and Antiflatulent Preparations
Cardiovascular Therapy Drugs
Others
Breakup by End User:
Pharmaceutical Industry
Nutraceutical Industry
Cosmetics Industry
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACG Associated Capsules Pvt. Ltd., Bright Pharma Caps Inc., CapsCanada Corporation, HealthCaps India Limited, Lonza Group AG, Medicaps Limited, Qualicaps Co. Ltd. (Mitsubishi Chemical Holdings Corporation), Nectar Lifesciences Limited, Roxlor LLC, Shanxi Guangsheng Medicinal Capsules Co. Ltd, Snail Pharma Industry Co. Ltd, Suheung Co. Ltd and Sunil Healthcare Limited.
Key Questions Answered in This Report
1. What was the size of the global empty capsules market in 2022?
2. What is the expected growth rate of the global empty capsules market during 2023-2028?
3. What are the key factors driving the global empty capsules market?
4. What has been the impact of COVID-19 on the global empty capsules market?
5. What is the breakup of the global empty capsules market based on the type?
6. What is the breakup of the global empty capsules market based on the raw material?
7. What is the breakup of the global empty capsules market based on the functionality?
8. What is the breakup of the global empty capsules market based on the end user?
9. What are the key regions in the global empty capsules market?
10. Who are the key players/companies in the global empty capsules market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Empty Capsules Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Gelatin Capsule
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Non-gelatin Capsule
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Raw Material
- 7.1 Pig Meat
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Bovine Meat
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Bone
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Hydroxypropyl Methylcellulose (HPMC)
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Functionality
- 8.1 Immediate-release Capsules
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Sustained-release Capsules
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Delayed-release Capsules
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Therapeutic Application
- 9.1 Antibiotic and Antibacterial Drugs
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Vitamins and Dietary Supplements
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Antacid and Antiflatulent Preparations
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Cardiovascular Therapy Drugs
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by End User
- 10.1 Pharmaceutical Industry
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Nutraceutical Industry
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Cosmetics Industry
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Others
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 ACG Associated Capsules Pvt. Ltd.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 Bright Pharma Caps Inc.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 CapsCanada Corporation
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 HealthCaps India Limited
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Lonza Group AG
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Medicaps Limited
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.7 Qualicaps Co. Ltd. (Mitsubishi Chemical Holdings Corporation)
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Nectar Lifesciences Limited
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.9 Roxlor LLC
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 Shanxi Guangsheng Medicinal Capsules Co. Ltd
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.11 Snail Pharma Industry Co. Ltd
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 Suheung Co. Ltd
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.13 Sunil Healthcare Limited
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.13.3 Financials
- 16.3.1 ACG Associated Capsules Pvt. Ltd.
List of Figures
- Figure 1: Global: Empty Capsules Market: Major Drivers and Challenges
- Figure 2: Global: Empty Capsules Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Empty Capsules Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Empty Capsules Market: Breakup by Type (in %), 2022
- Figure 5: Global: Empty Capsules Market: Breakup by Raw Material (in %), 2022
- Figure 6: Global: Empty Capsules Market: Breakup by Functionality (in %), 2022
- Figure 7: Global: Empty Capsules Market: Breakup by Therapeutic Application (in %), 2022
- Figure 8: Global: Empty Capsules Market: Breakup by End User (in %), 2022
- Figure 9: Global: Empty Capsules Market: Breakup by Region (in %), 2022
- Figure 10: Global: Empty Capsules (Gelatin Capsule) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Empty Capsules (Gelatin Capsule) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Empty Capsules (Non-gelatin Capsule) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Empty Capsules (Non-gelatin Capsule) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Empty Capsules (Pig Meat) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Empty Capsules (Pig Meat) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Empty Capsules (Bovine Meat) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Empty Capsules (Bovine Meat) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Empty Capsules (Bone) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Empty Capsules (Bone) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Empty Capsules (Hydroxypropyl Methylcellulose-HPMC) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Empty Capsules (Hydroxypropyl Methylcellulose-HPMC) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Empty Capsules (Other Raw Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Empty Capsules (Other Raw Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Empty Capsules (Immediate-release Capsules) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Empty Capsules (Immediate-release Capsules) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Empty Capsules (Sustained-release Capsules) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Empty Capsules (Sustained-release Capsules) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Empty Capsules (Delayed-release Capsules) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Empty Capsules (Delayed-release Capsules) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Empty Capsules (Antibiotic and Antibacterial Drugs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Empty Capsules (Antibiotic and Antibacterial Drugs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Empty Capsules (Vitamins and Dietary Supplements) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Empty Capsules (Vitamins and Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Empty Capsules (Antacid and Antiflatulent Preparations) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Empty Capsules (Antacid and Antiflatulent Preparations) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Empty Capsules (Cardiovascular Therapy Drugs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Empty Capsules (Cardiovascular Therapy Drugs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Empty Capsules (Other Therapeutic Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Empty Capsules (Other Therapeutic Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Empty Capsules (Pharmaceutical Industry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Empty Capsules (Pharmaceutical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Global: Empty Capsules (Nutraceutical Industry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Global: Empty Capsules (Nutraceutical Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Global: Empty Capsules (Cosmetics Industry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Global: Empty Capsules (Cosmetics Industry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Global: Empty Capsules (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Global: Empty Capsules (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: North America: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: North America: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United States: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United States: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Canada: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Canada: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Asia-Pacific: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Asia-Pacific: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: China: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: China: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Japan: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Japan: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: India: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: India: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: South Korea: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: South Korea: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Australia: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Australia: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Indonesia: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Indonesia: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Europe: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Europe: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Germany: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Germany: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: France: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: France: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: United Kingdom: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: United Kingdom: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Italy: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Italy: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Spain: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Spain: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Russia: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Russia: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Others: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Others: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Latin America: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Latin America: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Brazil: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Brazil: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Mexico: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 91: Mexico: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 92: Others: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 93: Others: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 94: Middle East and Africa: Empty Capsules Market: Sales Value (in Million US$), 2017 & 2022
- Figure 95: Middle East and Africa: Empty Capsules Market: Breakup by Country (in %), 2022
- Figure 96: Middle East and Africa: Empty Capsules Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 97: Global: Empty Capsules Industry: SWOT Analysis
- Figure 98: Global: Empty Capsules Industry: Value Chain Analysis
- Figure 99: Global: Empty Capsules Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Empty Capsules Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Empty Capsules Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Empty Capsules Market Forecast: Breakup by Raw Material (in Million US$), 2023-2028
- Table 4: Global: Empty Capsules Market Forecast: Breakup by Functionality (in Million US$), 2023-2028
- Table 5: Global: Empty Capsules Market Forecast: Breakup by Therapeutic Application (in Million US$), 2023-2028
- Table 6: Global: Empty Capsules Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 7: Global: Empty Capsules Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Empty Capsules Market: Competitive Structure
- Table 9: Global: Empty Capsules Market: Key Players
