Empty Capsules Market Size. Share, Trends Forecast To 2021

Empty Capsules Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database.

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The global empty capsules market is estimated to reach USD 2.13 billion by 2021, growing at a CAGR of 7.2% during the forecast period (2016–2021). The factors driving this market are rapidly increasing aging population, growing consumer preference towards capsule-based formulations, and rising applications in the pharmaceutical and nutraceutical industries. On the other hand, factors such as rising raw material prices of empty capsules, stringent regulatory frameworks, and religious as well as cultural practices are hindering the growth of this market to a certain extent. However, the growing demand for non-gelatin-based capsules and the rapidly expanding pharmaceutical industry in emerging countries such as India and China offer significant growth opportunities for players in this market.

This report segments the empty capsules market on the basis of products, therapeutic applications, end users, and regions.

The product segment of the empty capsules market is further divided into gelatin and non-gelatin capsules. Gelatin capsules held the largest share of the global empty capsules market in 2015. The large share of this segment can primarily be attributed to the extensive usage of hard gelatin capsules as a simple form for oral drug delivery as well as for it targeted drug-release properties. The non-gelatin capsules segment is estimated to grow at the highest CAGR during the forecast period. Strict government regulations, dietary sensitivity of patients, and drug incompatibilities with gelatin capsules are the major factors driving the growth of the non-gelatin capsules segment.

The therapeutic applications segment is further categorized into antibiotic and antibacterial drugs, vitamins and dietary supplements, antacid and ant flatulent preparations, anemic preparations, anti-inflammatory and anti-rheumatic drugs, cardiac therapy drugs, cough and cold preparations, and other therapeutic applications. In 2015, the antibiotic and antibacterial drugs segment held the largest share in the global empty capsules therapeutic applications market.

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Key Points From Table Of Content:

Company Profiles:

(Business Overview, Products, Recent Developments, & MnM View)*
• Introduction
• Capsugel
• Suheung Co Ltd.
• Acg Worldwide
• Bright Pharmacaps Inc.
• Capscanada Corporation
• Medi-Caps Ltd.
• Qualicaps
• Roxlor, LLC
• Snail Pharma Industry Co., Ltd.
• Sunil Healthcare Limited

Global Empty Capsules Market, By Therapeutic Application:
• Introduction
• Antibiotic and Antibacterial Drugs
• Vitamins and Dietary Supplements
• Antacid and Antiflatulent Preparations
• Antianemic Preparations (Hematenic Preparations)
• Anti-Inflammatory Drugs
• Cardiovascular Therapy Drugs
• Cough and Cold Preparations
• Other Therapeutic Applications

Reasons to buy this report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market, share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for increasing their market shares.

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