openPR Logo
Press release

Growth Projections: Empty Capsules Market Set to Hit $4.9 Billion by 2028

10-31-2023 09:08 AM CET | Health & Medicine

Press release from: MarketsandMarkets

"$4.9 Billion Anticipated for the Empty Capsules Market by 2028

"$4.9 Billion Anticipated for the Empty Capsules Market by 2028

The empty capsules market is projected to reach USD 4.9 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 9.3% during the forecast period. The growth of this market is mainly driven by increasing demand of dietary nutraceuticals.

The empty capsules market refers to the industry that manufactures and sells empty capsules primarily for pharmaceutical applications. Empty capsules are typically made from gelatin or vegetarian alternatives like hydroxypropyl methylcellulose (HPMC) and are used to encapsulate various active ingredients such as drugs, vitamins, minerals, herbs, and other supplements.

Request for FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=218018190&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral

Key aspects of the empty capsules market include:

Materials: Empty capsules are primarily made from two main materials - gelatin capsules and vegetarian capsules (HPMC or cellulose-based capsules).

Pharmaceuticals: Empty capsules are commonly used in the pharmaceutical industry to manufacture solid oral dosage forms.

Size and Varieties: Empty capsules come in various sizes, including 000, 00, 0, 1, 2, 3, 4, and 5, with 00 being one of the most common sizes. Different sizes accommodate different fill volumes. They can also be clear or colored and may be available in various shapes.

Technological Advancements: Ongoing research and development efforts have led to advancements in capsule production techniques and materials.

Customization: Some manufacturers offer customization services, allowing pharmaceutical and supplement companies to print logos, branding, and other information on the capsules.

Sustainability: In recent years, there has been a growing focus on the sustainability of capsule materials, leading to innovations in biodegradable and eco-friendly capsule options.

Enquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=218018190&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral

Key Market Players

Capsugel (US), ACG Worldwide (India), Qualicaps (US), CapsCanada Corporation (Canada), Suheung Co. Ltd. (Korea), and Natural Capsules (India).

Capsugel (US) is one of the leading players in the empty capsules market. The company's leading position is attributable to its diversified product portfolio, strong geographic presence, and adoption of organic and inorganic growth strategies.

ACG Worldwide is one of the leading players in the empty capsules market. It offers specialty empty hard capsules. The company has a wide geographical footprint and is further expanding its network across the globe.

Asia Pacific is likely to grow at double digit growth rate during the forecast period.

The Asia Pacific region is estimated to grow at the highest CAGR in the empty capsules market during the forecast period, this is mainly due to the growth in Asian pharmaceutical markets and their manufacturing capacities.

Moreover, fast growing R&D infrastructure alongwith large number of scientific talent in the countries of this region is likely to boost the market.

Empty Capsules Market Dynamics:

Drivers:
• Increasing demand for nutraceuticals
• Growth in pharmaceutical market and increasing number of clinical trials and R&D activities
• Advancements in capsule delivery technologies
• Benefits of capsules over other dosage forms

Restraints:
• Cultural practices and dietary restrictions

Opportunities:
• Expansion of capsule production in emerging countries
• Development of halal gelatin and vegetarian capsules

Challenges:
• Rising prices and lower availability of raw materials in gelatin industry

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=218018190&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Growth Projections: Empty Capsules Market Set to Hit $4.9 Billion by 2028 here

News-ID: 3269562 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Capsules

Frank & Frey Capsules 300mg
maintaining good health is essential. Many people turn to health supplements to support their well-being. One such supplement is Frank & Frey Capsules 300mg, which has gained popularity due to its effectiveness. This article will provide a complete guide to Frank & Frey Capsules 300mg, explaining what it is, how it works, its benefits, ingredients, side effects, and more. SHIPPING FEE ONLY!! 📣Sale is Live Now 👉👉 https://shorturl.at/T9ZlG ✅Enjoy Your Bottle!! What is Frank
Vegetable Capsules Market Top Players- Capsugel, Catalent, Qualicaps, ACG Associ …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Vegetable Capsules Market - (By Type (HPMC,Plant Polysaccharides, Starch), By Application (Pharmaceuticals, Health Supplements, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031." According to the latest research by InsightAce Analytic, the Global Vegetable Capsules Market is valued at US$ 1.45 Bn in 2023, and it is expected to reach US$ 3.03 Bn by 2031,
Softgel Capsules Market - Unlocking the Potential of Softgel Capsules for Health …
Newark, New Castle, USA: The "Softgel Capsules Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Softgel Capsules Market: https://www.growthplusreports.com/report/softgel-capsules-market/7745 This latest report researches the industry structure, sales, revenue,
2022 Vegetable Capsules Market Report- Sales by Application | Qualicaps, ACG Ass …
The Vegetable Capsules Market research report focuses on market difficulties, constraints, advancements, opportunities, the business supply chain, etc. Vegetable Capsules Market study is divided into key regions based on consumption, development, profitability, and growth rate in these regions. Vegetable Capsules Market report also gives information on each category’s attractiveness, growth rate, and sales volume, which aids in determining which segment to invest in or increase into. To do this SWOT
Global Enteric Capsules Market, Global Enteric Capsules Industry, Covid-19 Impac …
Enteric capsules are capsules that have an acid resistant coating to safeguard them from dissolving when they pass through the stomach. The capsules are activated only when they pass through an alkaline surroundings-that is with a pH factor or greater – which is primarily when they reach the small intestine. Enteric capsules do not dissolve in the mouth and therefore are perfect for the formulations that require not to be
Empty Capsules Market to 2027| Thermo Fisher Scientific, Natural Capsules, SUNIL …
Empty capsules are used to store herbs, powders and medicines. These capsules may be used to swallow self-made supplements like garlic powder and other herbs, without noticing its taste and smell. Various companies are offering different variety of capsules ranging from size 000 (the largest) to size 5 (the smallest). These capsules are of different types like gelatin capsules, non-gelatin capsules, hard capsules, soft capsules and others. Check for the