Press release
Innovation in Drug Delivery Methods Holds Lucrative Opportunity for Empty Capsules Market through 2023
Empty capsules are in high demand from several end users, including nutraceuticals, pharmaceuticals, research laboratories, and cosmetics companies. Depending upon the dosage of the medicine to be administered, empty capsules can be of varying sizes. Capsules are one of the most versatile forms of administering medication owing to their ease of use, their texture, tastelessness, and lack of odor, and their ability to retain stability in different temperatures.Today, there are various kinds of empty capsules available in the market: Gelatin-based and non-gelatin-based. Gelatin empty capsules include those made from gelatin derived from bone, pig meat, or bovine meat. Non-gelatin capsules include those made from starch material, pullulan, and hydroxypropyl methyl cellulose. These empty capsules are used to contain a variety of medications, including dietary supplements, vitamins, cardiac therapy drugs, antibacterial and antibiotic drugs, anti-rheumatic and anti-inflammatory medication, antacids, antiflatulents, antianemics, and cold and cough medication.
The global market for empty capsules is fueled by the growing investments by players in the biotechnology and biopharmaceutical industries, the increasing consumption of dietary supplements, the rising trend of contract manufacturing in the pharma sector, and the surge in per capita income. The introduction of novel capsules such as capsule-in-capsule, dry powder inhaler dosing capsules, and solid lipid pellet capsules is anticipated to give the global empty capsules market a tremendous boost. Moreover, continuous innovation in drug delivery methods is also likely to present lucrative options for players.
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ACG Worldwide, Qualicaps, Inc., Suheung Co., Ltd., Medi-Caps Ltd., Capsugel, CapsCanada Corporation, Sunil Healthcare Ltd., Bright Pharma Caps, Snail Pharma Industry Co., Ltd., and Roxlor LLC are some of the top companies operating in the global empty capsules market. These players have been evaluated in the research report based on key criteria such as business strategies, product portfolio, company overview, financial performance, and recent development. With the help of a SWOT analysis, the report offers clients an insight into the strengths, weaknesses, opportunities, and threats of competitor companies. This enables them to formulate strategic expansions and alliances in the empty capsules market.
This study is targeted to a host of interested parties, including research laboratories, contract manufacturers of empty vegetarian capsules, nutraceutical and pharmaceutical R&D laboratories, distributors of empty capsules, manufacturers of gelatin and non-gelatin-based empty capsules, capsule manufacturer associations, and manufacturers of nutraceutical, cosmetic, and pharmaceutical products.
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