Press release
Empty Capsules Market Set to Grow at the Fastest Rate- Time to Grow your Revenue: Capsugel (US), ACG Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada)
Empty Capsules Market: New Growth Opportunities, 2026Therapeutic agents are encapsulated in hard and soft gelatin Empty capsules, increasing the demand for capsule production and driving the Empty capsule market forward.
[216 Pages Report] 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.
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By type, the gelatin capsules segment accounted for the largest share of the empty capsules market.
Based on type, the empty capsules market is categorized into gelatin capsules and non-gelatin capsules. gelatin capsules accounted for the largest share in the empty capsules market.
By therapeutic application, the antibiotic & antibacterial segment accounted for the largest share of the empty capsules market.
Based on therapeutic applications, the empty capsules market is segmented into antibiotic & antibacterial drugs, dietary supplements, antacid & antiflatulent preparations, antianemic preparations (hematinic), anti-inflammatory drugs, cardiovascular therapy drugs, cough & cold drugs, and other therapeutic applications.
North America accounted for the largest share of the empty capsules market
Geographically, the market is dominated by developed countries across North America and Europe, which account for ~65.6% of the global market. North America accounted for the largest share of 37.4% of the global market.
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Key Market Players
The market is highly competitive, with a number of players competing for a larger market share. The prominent players in this market are Capsugel (US), ACG Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd. (China), Healthcaps India Ltd. (India) and among others
Empty Capsules Market Segmentation
Application
Antibiotic & Antibacterial Drugs
Dietary Supplements
Antianemic Preparations
Geography
o North America
o Europe
o Asia
o ROW
Capsugel offers a comprehensive portfolio of empty capsules, ranging from gelatin, vegetarian, filled hard, functional, inhalation, HPMC, gelatin, alternate polymer, specialized clinical, and enteric capsules.
ACG the second-largest market player in the empty capsules market in 2020. This is mainly attributed to its exhaustive portfolio of gelatin and HPMC capsules, along with the company's capsule customization services.
Recent Developments
• In 2021, Nutra'V TiO2 launched a new range of TiO2-free capsules. Available both in gelatin and HPMC and with excellent machinability, this range of capsules offers the best encapsulation solution for ingredient masking.
• ACG acquired Xertecs, Xertecs develops and implements processes, products, and services for pharma companies across the globe. Its acquisition added to ACG's capabilities.
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.
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