Empty Capsules Market Worth USD 4.76 Billion by 2030 at a CAGR of 7.9% Report Analysis

Empty Capsules Market Analysis Overview:

In a recent research report by Market Research Community, the empty capsules market is expected to surpass USD 4.76 billion by the year 2030, from USD 2.40 billion in 2021.

Empty capsules serve as the most commonly used container for herbs, powders, and medications. Capsule provides a selection of capsules ranging from size 000 (largest) to size 5, as well as numerous colors and selected tastes to help your business stand out from the crowd. For simple and practical delivery of these drugs, they carry powdered APIs (active pharmaceutical ingredients), herbal powder, or vitamin supplements.

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The functionality segment includes sustained-release capsules, delayed-release capsules, and immediate-release capsules. Immediate-release capsules segment dominated the growth of the market owing to high demand. Further, the sustained release capsule segment supplemented the growth of the market as they can maintain the constant level of drug supply within the body through single-dose administration.

Top Key Players of the Empty Capsules Market:

The report includes a regional analysis and country analysis with the latest trends, along with the major key players including Capsugel, ACG Worldwide, Qualicaps, Suheung Co. Ltd., CapsCanada Corporation, Qingdao Yiqing Medicinal Capsules Co., Ltd., Shanxi Guangsheng Medicinal Capsules Co., Ltd, Healthcaps India Ltd.

Type Covered in This Report Are:
Gelatin Capsules,
Non-Gelatin Capsules

The report includes a regional analysis and country analysis with the latest trends, along with the major key players including Capsugel, ACG Worldwide, Qualicaps, Suheung Co. Ltd., CapsCanada Corporation, Qingdao Yiqing Medicinal Capsules Co., Ltd., Shanxi Guangsheng Medicinal Capsules Co., Ltd, Healthcaps India Ltd..

On the Basis of Application:
Antibiotic & Antibacterial Drug
Dietary Supplements
Antacid & Antiflatulent Preparations
Antianemic Preparations
Anti-inflammatory Drugs
Others

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The Asia Pacific in the regional market is expected to be the second dominating region in the empty capsule market. The factor contributing to the growth of the market is an increase in the geriatric population and the demand for immunity booster products. Further, increasing investments by the key players in the region are expected to fuel the growth of the empty capsules market.

The market is projected to grow at a significant pace reaching a CAGR of approximately 7.9%, over the forecast period of 2022-2030, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

By End User:

Pharmaceutical Industry
Nutraceutical Industry
Cosmetic Industry
Research Laboratories

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The study is consolidated into major segments and further into sub-segments, such as by type (Gelatin Capsules, Non-Gelatin Capsules), by Functionality (Immediate-release Capsules, Sustained-release Capsules, Delayed-release Capsules) by Application (Antibiotic & Antibacterial Drugs, Dietary Supplements, Antacid & Antiflatulent Preparations, Antianemic Preparations, Anti-inflammatory Drugs Others) by end use (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry, Research Laboratories) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.

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