Global Empty Capsules Market
Overview
Vegetarian capsules are usually made of hypromellose, which is a polymer formulated from cellulose and other polysaccharides such as pullulan and starch. These capsules are divided into two halves: a smaller diameter “body”, which is sealed with a larger diameter “cap” after filling.
Statistics
It is estimated that by the end of 2027, the global market value of empty capsules will reach US$ 3,122.5 million in terms of value.
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Drivers
The approval and release of medications and drugs in capsule form is expected to drive the growth of the global empty capsule market during the forecast period. In February 2020, the U.S. Food and Drug Administration approved Palforzia, a product designed to help reduce the risk of severe peanut-induced allergic reactions through prolonged desensitization. The product comes in the form of capsules.
Opportunities
The oxygen permeability of commercial capsule shell components varies widely. Therefore, HPMC capsule shells are used to formulate APIs that are sensitive to moisture. However, there is no research-based evidence to demonstrate this proposed benefit of HPMC capsule shells, which is expected to provide growth opportunities for participants of the global empty capsules market.
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Restraints
Capsule standards, purity, and reliability continue to decline, leaving customers increasingly dissatisfied. This can be attributed to technical problems in the empty capsule manufacturing process, such as improper drying of the capsules, which often leads to staining. Other manufacturing issues include improper use of gelatin fabric containing specific hazard materials, use of artificial colorants for coating, high rate of disintegration and dissolution of gelatin capsules, and improper labeling of capsule materials. These factors are expected to hinder the growth of the global empty capsule market during the forecast period.
Key Takeaways
The vegetarian capsule market value of the global empty capsule market in 2019 was US$ 533.3 million, and it is expected to reach US$1.228 billion in 2027, with a CAGR of 5.9 percent during the period. It is expected that during the forecast period, increased demand for vegetarian/gelatin-free capsules will drive the growth of this segment. This is due to the increasing preference for vegetables/gelatin-free capsules and organic products.
In 2019, the oral drug delivery segment maintained a dominant position in the global empty capsule market, contributing about 90.3 percent of the value share over the forecast period. The increase in product approvals and the introduction of oral drugs and capsule drugs are expected to drive the growth of this segment.
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Market Trends
The global empty capsules market has witnessed the widespread adoption of cellulose capsules. These capsules have physiological properties, such as low moisture content, and are best suited for hygroscopic medications and nutritional supplements.
In addition, the demand for halal certified capsules has increased significantly. This has led manufacturers to provide halal and kosher certified products.
Regulations
North America
- The U.S. FDA inspects empty capsule manufacture units for compliance with cGMP guidelines.
- FDA strictly guides to gelatin capsules manufacturers about sourcing and processing of gelatin to reduce the potential risk posed by bovine spongiform encephalopathy (BSE).
Competitive Landscape
Key companies contributing in the global empty capsules market are Sunil Healthcare Ltd., Bright Pharma Caps, Inc., Qualicaps, Inc., Capsugel, ACG Group, Medi-Caps Ltd., Suheung Co., Ltd., Snail Pharma Industry Co., Ltd., Roxlor LLC, and CapsCanada Corporation.
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Key Developments
November 2019: Qualicaps, Inc. demonstrated its products and services in hard capsule dosage form at the CPHI WORLDWIDE 2019 conference.
February 2018: CapsCanada Corporation announced the addition of a new hydroxypropyl methyl fiber capsule manufacturing facility (HPMC), the most advanced and dedicated one.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Raw Material
- Market Snippet, By Capsule Size
- Market Snippet, By Route of Administration
- Market Snippets, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Regulatory Scenario
- Mergers and Acquisitions
- Market Dynamics
- Global Empty Capsules Market, By Product Type, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Gelatin (Hard) Based Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Vegetarian Based Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Empty Capsules Market, By Raw Material, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Type-A(Pork Skin)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Type-B Gelatin (Animal Bones & Calf Skin)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Fish Bone Gelatin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Hydroxy Propyl Methyl Cellulose (HPMC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Starch Materials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Pullulan
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Empty Capsules Market, By Capsule Size, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Size “000” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “00” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “0” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “1” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “2” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “3” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “4” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Size “5” Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Empty Capsules Market, By Route of Administration, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Oral Administration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Inhalation Administration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Empty Capsules Market, By End User, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Pharmaceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Cosmetic & Nutraceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Clinical Research Organizations (CRO’S)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Empty Capsules Market, By Region, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Raw Material, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Capsule Size, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Route of Administration, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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