The global animal gelatin capsule market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The major factor that is expected to fuel the market growth includes the increase in popularity of capsules over other drug delivery forms and an increase in strategic collaborations between empty capsule suppliers and gelatin manufacturers. Moreover, rapid advancements in capsule delivery technologies are set to supplement the market growth. However, ethical concerns, price fluctuations regarding gelatin material, and stringent regulations in the pharmaceutical industry are expected to hamper the market growth.
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Gelatin capsules, often known as gel caps are made of gelatin derived from animal skin or bone collagen. Gelatin, a pure protein, is tasteless, gluten-free, and GMO-free, and it provides a safe oral dosage form that provides customers a pleasant experience. It enables manufacturers to modify based on color, shape, or size to satisfy the needs of active filling and targeted demographics. Gelatin also allows for diverse release profiles, ranging from enteric (slow) release to rapid release of the active fill, enabling producers to accommodate a wide range of fillings while satisfying customer demands.
In addition, the rise in the adoption of sedentary lifestyles by urban consumers globally, particularly in developed areas, has fuelled the demand for nutraceuticals, which is another major factor for the market in the coming years. Apart from nutraceuticals, expansion of the pharmaceutical industry and cosmetics sector offers significant opportunities for the global animal gelatin capsule market. Moreover, the rise in popularity of capsules over alternative drug delivery forms as well as an increase in strategic alliances between empty capsule providers and gelatin producers is a significant factor that is anticipated to boost the growth of the market.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Lonza Group Ltd., Amway Corp., and Catalent, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Animal Gelatin Capsule Market Report by Segment
By Product
- Bovine
- Ovine
- Caprine
- Others
By Type
- Hard Shelled Capsules
- Soft Shelled Capsules
By Application
- Pharmaceuticals
- Health Supplements
- Cosmetics
- Others
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