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Emerging Trends to Reshape the Empty Capsules Market: Innovations in Capsule Products Bright Pharma Caps Launches World's First Certified Organic Capsules as a Key Influencer
Empty Capsules
Empty Capsules Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for empty capsules has expanded significantly. The market, which is worth $3.21 billion in 2024, is expected to increase to $3.5 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.2%. Factors contributing to the growth during the historic period include shifts in consumer preferences, beneficial economic circumstances, the effects of the Russia-Ukraine conflict, barriers to entry in the industry, and an aging population.
Empty Capsules Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size of empty capsules is anticipated to experience swift expansion, reaching a value of $5.28 billion by 2029, with a compound annual growth rate (CAGR) of 10.8%. This robust growth during the forecast period is due to factors such as the growth and consolidation of the market, issues related to ethics and strict regulations, burgeoning demand for nutraceuticals, and varying market dynamics. Future trends include innovative products, sustainable procurement methods, applications in vegetarian and vegan products, focus on patient demographics and treatment of chronic diseases, and regional dominance.
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What Are the Drivers Transforming the Empty Capsules Market?
The surge in cases of chronic ailments is projected to fuel the expansion of the empty capsules market. Chronic diseases, lasting three months or more, and tend to deteriorate over time. Cancer, heart disease, stroke, diabetes, and arthritis are amongst the most commonly occurring chronic illnesses. Empty capsules are crucial for delivering various drugs without altering their formulation, assuring effective drug delivery without interfering with the drug formulation. To illustrate, research conducted by the American Cancer Society, a US-based health organization, revealed that around 609,360 deaths due to cancer and 1.9 million fresh cases of the disease are expected in the US in 2022, averaging about 1,670 fatalities daily. Consequently, the escalating prevalence of chronic diseases is propelling the expansion of the empty capsules market.
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What Long-Term Trends Will Define the Future of the Empty Capsules Market?
Trend 1 underscores the growing prominence of product innovations in the empty capsules market. Numerous leading companies in this sector are resorting to new product developments to consolidate their market standing. An instance is Bright Pharma Caps Inc, an Indian pharmaceutical firm that, in August 2023, introduced Bright-Poly, the initial globally certified organic capsules crafted from USDA-approved organic pullulan. This innovation notably fulfills the requirement for organic encapsulation solutions in the nutritional supplement sector. Bright-Poly capsules include NOP certified organic pullulan, pure water, and alginates, devoid of surfactants and chemically based additives commonly found in traditional capsules.
Which Segments in the Empty Capsules Market Offer the Most Profit Potential?
The empty capsules market covered in this report is segmented -
1) By Type: Gelatin Capsules, Non-Gelatin Capsules
2) By Functionality: Immediate-Release Capsules, Sustained-Release Capsules, Delayed-release Capsules
3) By Application: Antibiotic And Antibacterial Drugs, Dietary Supplements, Antacid And Antiflatulent Preparations, Antianemic Preparations, Anti-inflammatory Drugs, Cardiovascular Therapy Drugs, Cough And Cold Drug Preparations, Other Therapeutic Applications
4) By End-User: Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry, Research Laboratories
Subsegments:
1) By Gelatin Capsules: Hard Gelatin Capsules, Soft Gelatin Capsules
2) By Non-Gelatin Capsules: Vegetable Capsules, Pullulan Capsules, Other Plant-Based Capsules
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Which Firms Dominate the Empty Capsules Market by Market Share and Revenue in 2025?
Major companies operating in the empty capsules market are ACG Group, CapsCanada Corporation, HealthCaps India Limited, Natural Capsules Ltd., Bright Pharma Caps Inc., Suheung Co. Ltd., Roxlor LLC, Lonza Group AG, Goerlich Pharma GmbH, Qualicaps Inc., Comed Chemicals Limited, Wuhan Carma Technology Co. Ltd., Nectar Lifesciences Ltd., Erawat Pharma Limited, Medi-Caps Ltd., Mitsubishi Chemical Holdings Corporation, Snail Pharma Industry Co. Ltd., Sunil Healthcare Ltd., Shanxi Guangsheng Medicinal Capsule Co. Ltd., Aenova Group GmbH, Capsuline Inc., Farmacapsulas SA, Health Pharma, JC Biotech Pvt. Ltd., Lefan Capsule International Inc., Nipro Capsule Co. Ltd., Qingdao Yiqing Medicinal Capsules Co. Ltd., Shaoxing Kangke Capsule Co. Ltd., Sunloc Industrial Co. Ltd.
Which Regions Offer the Highest Growth Potential in the Empty Capsules Market?
North America was the largest region in the empty capsules market in 2024. The regions covered in the empty capsules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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