The global empty capsule market is projected to reach $4.1 billion by 2028, at a CAGR of 7.7% during 2023-2028. The growth of empty capsule market is driven by growing demand for halal gelatin and vegetarian capsules, rising demand for nutraceutical ingredient based capsules, and growing need for empty capsules as the pharmaceutical industry flourishes.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the empty capsule market by product
type (gelatin capsules and non-gelatin capsules), functionality (immediate-release
capsules, sustained-release capsules, and delayed-release capsules),
therapeutic application (antibiotic & antibacterial drugs, dietary
supplements, antacid & antiflatulent preparations, and others), end use
industry (pharmaceutical industry, nutraceutical industry, and others), and
region?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the empty capsule market?
Q.4 What are some
changing demands of customers in the empty capsule market?
Q.5 What are the new
developments in the empty capsule market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this empty capsule area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this empty capsule market?
Download Brochure of this report by clicking on https://www.lucintel.com/empty-capsule-market.aspx.
Market Segmentation:
Based on product type,
the empty capsule market is segmented into gelatin capsules and non-gelatin
capsules. The gelatin capsules segment accounted for the largest share of the
market in 2023 and is expected to register the highest CAGR during the forecast
period, due to increasing demand for immediate-release capsules by
manufacturers for production of medical products, such as antibiotics,
inhalers, pain relievers, and dietary supplements.
North America will
remain the largest region due to the presence of a well-developed and organized
healthcare system, increasing government funding in healthcare, and rising
geriatric population in the region.
Key Players in the empty
capsule market are Capsugel, ACG, Qualicaps, Suheung, CapsCanada, and Qingdao
Yiqing.
Request Sample Pages by clicking on https://www.lucintel.com/empty-capsule-market.aspx.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/empty-capsule-market.aspx.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas,
Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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