Press release
Capsule Shells Market Showing Footprints For Strong Annual Sales, Research Says | Major Players Natural Capsules Limited, Catalent, Inc., Terrene Pharma, Procaps, Geltech Co., Ltd, LIGO Co. Ltd, Hunan Ocean Capsule, DR T&T HEALTH UK LTD
In this report, the "Asia-Pacific Capsule Shells Market" is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.Overview:
A capsule shell is an outer skin, in which medicinal content is packed. The capsule shell acts as a container for the medicine as well as a protective cover. These capsule shells are made from gelatin so that they dissolve in the mouth after consuming. Capsules medicines are used as an alternative to tablets. The Asia Pacific capsule shells market is expected to witness significant growth during the forecast period, owing to growing consumer preference for capsules over tablets. The Asia Pacific capsule shells market focuses on seven countries including China, India, South Korea, Australia, Taiwan, Southeast Asia region, and Japan.
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Market Dynamic:
Growing prevalence chronic conditions such as asthma, cancer, diabetes, and arthritis are expected to drive the growth of the Asia Pacific capsule shells market during the forecast period. According to the World Health Organization (WHO), in 2000, there were around 46,903,000 diabetic patients in South-East Asia, which is expected to reach 119,541,000 by 2030. Moreover, according to the International Agency for Research on Cancer, in 2012, around 4,449,500 people die due to cancer in Asia alone. Capsules are predominantly used for medication of the aforementioned chronic conditions, which in turn, is expected to drive the market growth in the near future. Furthermore, growing consumer preference towards capsules over tables is expected to propel the Asia Pacific capsule shells market growth over the forecast period.
However, dietary restrictions, price fluctuations of raw materials, and cultural practices in certain countries are expected to restrain the growth of the Asia Pacific capsule shells market during the forecast period.
Competitive Landscape:
Key players operating in the Asia Pacific capsule shells market are Natural Capsules Limited, Catalent, Inc., Terrene Pharma, Procaps, Geltech Co., Ltd, LIGO Co. Ltd, Hunan Ocean Capsule, DR T&T HEALTH UK LTD, Zhejiang Disheng Capsules, Talent Healthcare Ltd, SUNIL HEALTHCARE LIMITED, Jyoti Capsules, Zhejiang Yili Capsule Co., Ltd., and BEAUTY AND HEALTH LTD.
Key companies in the market are focused on various business strategies such as product launch, in order to expand their product portfolio and gain a competitive edge in the market. For instance, in May 2017, Catalent Inc., a provider of advanced delivery technologies and development solutions for drugs, introduced, Fish Oil Thin Shell EasyBurst Chewables, at Geneva Palexpo, Switzerland.
Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), Revenue (Million USD), market share and growth rate of Capsule Shells for these regions, from 2014 to 2025 (forecast), including
* China
* Japan
* South Korea
* Taiwan
* India
* Southeast Asia
* Australia
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Asia-Pacific Capsule Shells market competition by top manufacturers/players, with Capsule Shells sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
* Natural Capsules Limited
* Terrene Pharma
* Geltech Co., Ltd
* Hunan Ocean Capsule
* Zhejiang Disheng Capsules
* SUNIL HEALTHCARE LIMITED
* Zhejiang Yili Capsule Co., Ltd.
* BEAUTY AND HEALTH LTD
* Jyoti Capsules
* Talent Healthcare Ltd
* DR T&T HEALTH UK LTD
* LIGO Co. Ltd
* Procaps
* Catalent, Inc
On the basis of product, this report displays the sales volume (K MT), Revenue (Million USD), product price (USD/MT), market share and growth rate of each type, primarily split into
* Hard Gelatin Capsule Shells
* Hard Cellulose Capsule Shells
* Shiny Gelatin Capsule Shells
* SLS Free Gelatin Capsule Shells
* Fortified Gelatin Capsule Shells
* Sweet Gelatin Capsule Shells
* Fast Release Gelatin Capsule Shells
* Printed Gelatin Capsule Shells
* Soft Gelatin Capsule
* Vegetarian Capsules
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share and growth rate of Capsule Shells for each application, including
* Cosmetics
* Pharmaceutical
* Other
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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