Press release
Empty Capsules Market to reach USD 4.32 Bn by 2029, emerging at a CAGR of 8.2 percent and forecast 2023-2029
Empty Capsules Market
The Empty Capsules Market is witnessing remarkable growth, with a market size valued at USD 2.48 Billion in 2022. Maximize Market Research Pvt Ltd's latest research report projects a substantial increase, with the market expected to reach USD 4.32 Billion by 2029, exhibiting a CAGR of 8.2% during the forecast period.
Maximize Market Research Pvt Ltd has meticulously conducted in-depth research to offer comprehensive insights into the Empty Capsules Market. The report follows a bottom-up approach and incorporates a wealth of qualitative and quantitative data from primary interviews with industry stakeholders across the globe. The research is based on a thorough analysis of primary and secondary data sources, including annual reports, journals, paid databases, trending economics, Hoovers, Factiva, and various governmental and commercial websites.
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Empty Capsules Market Dynamics:
The increased prevalence of chronic diseases, such as cardiovascular disease, diabetes, cancer, and gastrointestinal disorders, is identified as a major driver of market growth. Additionally, the market is highly competitive, with key players offering lower prices to the pharmaceutical industry, which poses challenges for new entrants.
Rising raw material prices and concerns regarding the use of animal-derived ingredients in capsules, such as porcine and bovine gelatin, are identified as key restraints in the market.
Empty Capsules Market Regional Insights:
North America
North America is anticipated to hold a substantial share of the global Empty Capsules Market, with 36.5% during the forecast period. Factors contributing to this growth include increasing pharmaceutical and nutraceutical consumption, the presence of leading market players, a preference for vegetarian empty capsules, government support, and a rising demand for preventative care. The United States, in particular, has seen a surge in nutraceutical consumption due to lifestyle choices, driving the sales of empty supplement and vitamin capsules.
Asia Pacific
The Asia Pacific region is expected to experience significant growth in the Global Empty Capsules Market. This growth can be attributed to the proliferation of pharmaceutical industries, favorable government initiatives, and increased demand for nutraceuticals and cosmeceuticals due to changing lifestyles. Japan, in particular, is expected to witness robust growth in the use of empty medicine capsules, driven by the geriatric population and a growing awareness of capsule advantages over other forms.
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Empty Capsules Market Segmentation:
by Type
1. Gelatin Capsules
2. Non-gelatin Capsules
by Application 1. Antibiotic & Antibacterial Drugs
2. Vitamin & Dietary Supplements
3. Antacid & Antiflatulent Preparations
4. Cardiovascular Therapy Drugs
5. Other
by Functionality
1. Immediate-release Capsules
2. Sustained-release Capsules
3. Delayed-release Capsules
by End-User
1. Pharmaceutical Industry
2. Nutraceutical Industry
3. Other
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Empty Capsules Market Key Players:
1. ACG (India)
2. Sunil Healthcare Limited. (India)
3. H & CARE Incorp. (India)
4. SavoiurCaps (India)
5. Comed Chemicals Limited. (India)
6. NATURAL CAPSULES LIMITED (India)
7. HealthCaps India Ltd. (India)
8. Erawat Pharma Limited. (India)
9. Fortcaps Healthcare Ltd. (India)
10. Nectar Lifesciences Limited (India)
11. Bio Caps India Ltd. (India)
12. NecLife Lifesciences Ltd (India)
13. Medi-Caps Ltd. (India)
14. Wuhan Carma Technology Co., Ltd. (China)
15. SHAOXING KANGKE CAPSULE CO.,LTD (China)
16. SNAIL PHARMA INDUSTRY (China)
17. AIPAK PHARMA (China)
18. SUHEUNG co., ltd. (South Korea)
19. CapsCanada (US)
20. Bright Pharma Caps (US)
21. QUALICAPS-MCG (US)
22. Roxlor Llc (US)
23. Roxlor Group (US)
24. Capsuline (US)
25. Lonza Group AG (Switzerland)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-empty-capsules-market/24123/
Table of content for the Empty Capsules Market includes:
1. Global Empty Capsules Market: Research Methodology
2. Global Empty Capsules Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Empty Capsules Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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