This FMI report examines the empty capsules market for the period 2016–2026. The primary objective of the report is to offer insights into developments in the empty capsules market that are significantly helping transform growth trajectory of global businesses and enterprises associated with this market.
The empty capsules market report begins by defining various types of empty capsules and market taxonomy. It is followed by an overview of market dynamics of the global empty capsules market, which includes FMI’s analysis of key trends, drivers, restraints and opportunities that are influencing growth of the global empty capsules market. Impact analysis of key growth drivers and restraints based on the weighted average model has also been included in this report after analysis of individual regions, to better equip readers with meaningful insights on ongoing developments in the market.
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Primary factors fuelling demand for empty capsules are rising demand for vegetarian- and halal-based capsules. Other major factors driving growth of the empty capsules market are rising demand for kosher and halal certified hard gelatin capsules. There is also increasing demand for gelatin capsules that are free from transmissible spongiform encephalopathies (TSE), bovine spongiform encephalopathy (BSE) and prion for various applications in pharmaceuticals and cosmetics industries as well as in clinical research organisations (CROs). Besides, an increasing number of pharmaceuticals and nutraceuticals companies are producing NSAIDS, cardiovascular drugs, anti-cancer drugs, probiotics and nutrient supplements in the form of capsules in developing countries. These are factors expected to fuel overall growth of the market over the forecast period. However, one of the major factors hampering growth of the empty capsules market is high cost of vegetarian capsules.
Based on product type, the market has been segmented into gelatin (hard)-based capsules and vegetarian-based capsules. A detailed analysis of each segment has been provided in terms of market size, Y-o-Y growth rate, absolute $ opportunity and BPS analysis.
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Based on raw material, the market has been segmented into type-A (pork skin), type-B gelatin (animal bones & calf skin), fish bone gelatin, hydroxy propyl methyl cellulose (HPMC), starch materials and pullulan.
Based on capsule size, the market has been segmented into size ‘000’, size ‘00’, size ‘0’, size ‘1’, size ‘2’, size’3’, size ‘4’ and size ‘5’. Based on route of administration, the market has been segmented into oral administration and inhalation administration. A detailed analysis of each segment has been provided in terms of market size, Y-o-Y growth rate, absolute $ opportunity and BPS analysis.
Based on end user, the market has been segmented into pharmaceuticals companies, cosmetics & nutraceuticals companies and clinical research organisations (CROs). A detailed analysis of each segment has been provided in terms of market size, Y-o-Y growth rate, absolute $ opportunity and BPS analysis.
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The next section of the report highlights empty capsules adoption by region, and provides market outlook for 2016 – 2026. The study discusses key regional trends contributing to growth of the empty market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Key regions assessed in this report are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
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