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Impact Of Covid-19 On Empty Capsules Market 2021 Research on Revenue Shift and New Revenue Pockets For Empty Capsules Manufacturers

06-28-2021 03:43 PM CET | Health & Medicine

Press release from: ReportsnReports

Empty Capsules Market Report analysis 2021-2027 presents a complete assessment of the market and comprises future trends, current growth factors, attentive opinions, facts, historical information, and forecasts. This Empty Capsules Market is defined with its related details such as product types, business overview, sales, manufacturers, applications, and other specifications. It provides a systematic approach to the current and prospective scenario of the global regions. Detailed information of the Empty Capsules Market Report growth rate, technological innovations, and key strategies implemented by the main leading industry players.

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Top Company Profile Analysis in this Report-  Capsugel (US), ACG Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), and others

The global empty capsules market is projected to reach USD 3.7 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 7.2% during the forecast period. The overall growth of the empty capsules market is largely driven by the growing adoption of capsule formulations among the growing geriatric population, the growth of the pharmaceutical market, increasing R&D activities & clinical trial studies, and advancements in capsule delivery technologies.

The report segments the empty capsules market based on region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa), type (gelatin and non-gelatin ), functionality (immediate-release, sustained-release, and delayed-release capsules), therapeutic applications (antibiotic & antibacterial drugs, dietary supplements, antacid & antiflatulent preparations, antianemic preparations (hematinic), anti-inflammatory drugs, cardiovascular therapy drugs, cough & cold drugs, and other therapeutic applications), end users (pharmaceutical industry, nutraceutical industry, cosmetic industry, and research laboratories).

Based on type, the empty capsules market is categorized into gelatin capsules and non-gelatin capsules. In 2020, gelatin capsules accounted for the largest share in the empty capsules market. The non-gelatin capsules segment is likely to grow at a CAGR of 8.0% during the forecast period. Growth in this segment is largely driven by the increasing demand for non-animal-based products and the advantages offered by these capsules over gelatin-based ones, including low hygroscopicity, physical stability, stability in different ranges of temperature & humidity, and low moisture content.

The presence of many global capsule manufacturers in China and India, growth in the pharmaceutical and nutraceutical industries, the relatively less stringent regulations in the nutraceutical industry in these regions, an increasing focus on generics, and rising healthcare awareness are expected to drive the adoption of empty capsules in the Asia Pacific.

In 2020, North America accounted for the largest share in the empty capsules market. The large share of this region can be attributed to the existing presence of major capsule manufacturers and pharmaceutical giants. The growing emphasis on superior nutraceutical and cosmetic products has also increased the demand for empty capsules.

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Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the empty capsules market and provides them information on key market drivers, challenges, and opportunities.

Table Of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions
1.3 Segments
1.3.1 Years Considered For The Study
1.4 Currency
1.5 Summary Of Changes

2 Research Methodology
2.1 Research Approach
2.2 Primaries
2.3 Top-Down & Bottom-Up Approaches
2.4 Growth Forecast Assumptions
2.4.1 Growth Rate Assumptions/Growth Forecast
2.4.1.1 Supply-Side Assessment
2.4.1.2 Demand-Side Assessment
2.4.1.3 Insights From Primary Experts
2.5 Data Triangulation Approach
2.5.1 Secondary Research
2.5.2 Primary Research
2.6 Assumptions
2.6.1 Covid-19-Specific Assumptions
2.7 Limitations
2.8 Risk Assessment

3 Executive Summary

4 Premium Insights
4.1 Empty Capsules Market Overview
4.2 North America: Empty Capsules Market Share, By Type & Country (2020)
4.3 Empty Capsules Market Share, By Functionality (2020)
4.4 Empty Capsules Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.2 Market Restraints
5.2.3 Market Opportunities
5.2.4 Market Challenges
5.3 Ranges/Scenarios
5.4 Impact Of Covid-19 On The Empty Capsules Market
5.4.1 Covid-19 Health Assessment
5.4.2 Impact On The Empty Capsules Market
5.4.3 Impact Of Drivers During The Covid-19 Pandemic
5.5 Trends/Disruptions Impacting The Business Of Customers
5.5.1 Revenue Shift & New Revenue Pockets For Empty Capsules Manufacturers
5.6 Pricing Analysis
5.7 Ecosystem/Market Map
5.8 Value Chain Analysis Of The Empty Capsules Market
5.9 Technological Analysis
5.9.1 Empty Capsules
5.10 Patent Analysis
5.11 Trade Analysis
5.12 Regulatory Landscape
5.13 Porter’s Five Forces Analysis
5.13.1 Threat Of New Entrants
5.13.2 Threat Of Substitutes
5.13.3 Bargaining Power Of Suppliers
5.13.4 Bargaining Power Of Buyers
5.13.5 Degree Of Competition
5.14 Pharmaceutical Gelatin Market
5.15 Industry Trends

6 Empty Capsules Market, By Type

and more...

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