Empty Capsules Market Will Reach US$ 4.14 Billion by 2027 | CAGR 7.60%

IMARC Group has recently released a new research study titled "Empty Capsules Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global empty capsules market reached a value of US$ 2.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.14 Billion by 2027 exhibiting a CAGR of 7.60% during 2022-2027.

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Empty capsules are two-piece shells made from gelatin or by the hydrolysis of collagen from animal origin or cellulose base. They comprise a wide variety of filling materials, such as dry powder, semisolids, non-aqueous liquids, beads, and mini tablets. They serve as the container for the drug, which can be present in a solubilized, suspended, or chemically bound form in the shell matrix. They possess higher drug absorption capabilities and cannot be tampered with or crushed like tablets. They also tend to break down spontaneously in the body and get absorbed quickly. Furthermore, they have better taste masking capabilities and can be swallowed effortlessly as compared to tablets.

Empty Capsules Market Trends and Drivers:

At present, the increasing demand for empty capsules, as they show a better stability profile and possess a higher bioavailability, represents one of the primary factors influencing the market positively.

Besides this, the rising occurrence of various chronic diseases, such as diabetes, thyroiditis, and cardiovascular complications in individuals due to the adoption of unhealthy lifestyle habits, along with the growing geriatric population around the world, is offering a favorable market outlook.

In addition, governing agencies of various countries are investing in research and development (R&D) activities to develop novel drugs for the treatment of cancer and other life-threatening complications. Apart from this, the increasing awareness about the benefits of consuming healthcare supplements is bolstering the growth of the market.

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Global Empty Capsules Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

ACG Associated Capsules Pvt. Ltd., Bright Pharma Caps Inc., CapsCanada Corporation, HealthCaps India Limited, Lonza Group AG, Medicaps Limited, Qualicaps Co. Ltd. (Mitsubishi Chemical Holdings Corporation), Nectar Lifesciences Limited, Roxlor LLC, Shanxi Guangsheng Medicinal Capsules Co. Ltd, Snail Pharma Industry Co. Ltd, Suheung Co. Ltd and Sunil Healthcare Limited.

The report has segmented the market on the basis of region, type, raw material, functionality, therapeutic application and end user.

Breakup by Type:
• Gelatin Capsule
• Non-gelatin Capsule

Breakup by Raw Material:
• Pig Meat
• Bovine Meat
• Bone
• Hydroxypropyl Methylcellulose (HPMC)
• Others

Breakup by Functionality:
• Immediate-release Capsules
• Sustained-release Capsules
• Delayed-release Capsules

Breakup by Therapeutic Application:
• Antibiotic and Antibacterial Drugs
• Vitamins and Dietary Supplements
• Antacid and Antiflatulent Preparations
• Cardiovascular Therapy Drugs
• Others

Breakup by End User:
• Pharmaceutical Industry
• Nutraceutical Industry
• Cosmetics Industry
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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