Empty capsules market is expected to grow at a CAGR of 7.2% during the forecast period. The increasing demand from the pharmaceutical industry owing to the consumer preference for capsules over tablets is driving the growth of the empty capsules market. Owing to several benefits offered by empty capsules, such as higher drug absorption, less gastrointestinal irritation, ease to swallow, tasteless, and odorless, these are more preferred by consumers which in turn, is boosting the growth of the market.
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The COVID-19 pandemic majorly affected most businesses across the globe. The spread of the COVID-19 virus forced the governments to impose a strict lockdown which restricted most transportation and movements internationally. Although it doesn’t impact the market much as during the pandemic the use of medicines increased for different applications such as boosting immunity and other purposes. Additionally, the use of other health-related supplements to improve overall health in form of capsules has boosted the market during the pandemic. Hence, the pandemic has positively impacted the demand for empty capsules.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Empty Capsules Market by Product
- Gelatin
- Non-Gelatin
Global Empty Capsules Market by Therapeutic Application
- Antibiotic & Antibacterial Drugs
- Vitamin & Dietary Supplements
- Antacids & Anti-Flatulent Preparations
- Anti-Anemic Preparations
- Anti-Inflammatory & Anti-Rheumatic Drugs
- Cardiac Therapy Drugs
- Cough & Cold Preparations
Global Empty Capsules Market by End User
- Pharmaceuticals
- Nutraceuticals
- Cosmetics
- Research Laboratories
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bright Pharma Caps Inc.
- Chandra Drugs Pvt. Ltd
- Empty Capsules
- Erawat Pharma Ltd.
- Healthcaps India Ltd
- Lifecare Neuro Products Ltd.
- Natural Capsules Ltd.
- Nectar Lifesciences Ltd
- Patheon, Inc. (Thermo Fisher Scientific Inc.)
- Pharmapproach Ltd.
- Qingdao Yiqing Medicinal Capsules Co. Ltd
- Shanxi Guangsheng Medicinal Capsules Co. Ltd
- Sunil Healthcare Ltd.
- Zhejiang Kanglvqing Biological Technology Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global empty capsules market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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