According to Data Bridge Market Research new Market report “Global Empty Capsules Market, accounted to USD 1.94 billion in 2016 at a CAGR of 8.1% during the forecast period of 2017 to 2024
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By Product
Gelatin
• Porcine,
• Bovine,
• Bone
• Meal,
Non-Gelatin
• HPMC,
• Pullulan
Application
• Antibiotics,
• Vitamins,
• Anti-Inflammatory,
• Ant anemic
End User
• Pharmaceutical,
• Nutraceutical,
• Cosmetics
Geography
• North America,
• Europe,
• Asia-Pacific,
• Europe,
• South America,
• Middle East and Africa
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Key Market points: Global Empty Capsules Market
Rise of geriatric population along with the chronic diseases will increase the demand of therapeutically-effective capsules for the treatment of these particular diseases. The empty capsules in solid dosage forms are mostly preferred by geriatric population because of its features such as faster solubility, easy to swallow, and less gastrointestinal irritation.
Reason behind propelling up the market demand is because of its quality such as high absorption rate, quick disintegrating nature and the utilization of tasteless and odorless gelatin coating. Moreover rising demand in nutraceutical will generate an opportunity towards enclose functional food and variety of food supplements as well as higher chances of revenue generation because many manufacturers are following the regulatory guidelines and investing more in R&D activities.
North America accounted the maximum revenue share in 2015 due to expansion in health focused trends whereas Asia Pacific is expected to dominate the market with the highest CAGR in the forecast period (2017-2024) because of changing lifestyles as well as rapid infrastructure development.
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Market Segmentation: Global Empty Capsules Market
The Global Empty Capsules Market is segmented on the basis of products, application and end users.
• Product
• Gelatin
• Porcine
• Bovine
• Bone Meal
• Non-Gelatin
• HPMC
• Pullulan
• Application
• Antibiotics
• Vitamins
• Anti-Inflammatory,
• Ant anemic
• End User
• Pharmaceutical
• Nutraceutical
• Cosmetics
Geographical Segmentation: Global Empty Capsules Market
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Competitive Landscape: Global Empty Capsules Market
The Global Empty Capsules Market contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America empty capsules market.
Some of the major players operating in global empty capsules market are :
• ACG World (India)
• Qualicaps, Inc. (U.S.)
• Capsugel (U.S.)
• Suheung Co., Ltd. (Korea)
• CapsCanada (Canada), Sunil Healthcare Ltd. (India)
• Banner Life Sciences(U.S)
• Bright Pharma Caps Inc. (U.S.)
• Medi-Caps Ltd. (India)
• JC Biological Technology Co. Ltd (China)
• Roxlor (U.S.)
• Snail Pharma Industry Co. Ltd. (China)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Sunloc ( a subsidiary of SUNIL HEALTHCARE LIMITED)
• Among others.
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