Empty Capsule is a term given to small capsules in the form of hard gel or powder that is used for many applications. These types of empty capsules are very popular with the cosmetic and pharmaceutical industries. One of the most common uses of empty capsules is for the manufacturing of hard capsules. As mentioned above, they are manufactured from a thermosetting polymer, which is a gel-like substance. When it comes to regional footprint, North America is gaining a significant grip in the empty capsules market since there is high consumer awareness pertaining to nutraceutical products. Besides, there is a high prevalence of obesity and arthritis, which can potentially impact growth of the regional market. On the contrary, Asia Pacific remains one of the emerging regions in the empty capsules market due to favorable government initiatives related to the development of healthcare infrastructure.
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The adoption of empty capsules is directly proportional to the rapidly rising geriatric population. Since the elderly population is highly vulnerable to different types of diseases, the adoption of medications is significantly high. As per the World Health Organization (WHO), by 2050, the global population aged 65 years and above is expected to reach around 2 billion increasing from 900 million in 2015. Such rapid growth in the elderly population could potentially augment growth of the empty capsules market in the near future.
During the forecast period, increased demand for vegan/gelatin-free capsules is expected to drive growth in the global empty capsules market. This is due to the growing preference for vegan/ gelatin-free capsules and organic products. In addition, growing application of hydroxypropyl methylcellulose capsules are expected to contribute to the growth of the global empty capsules market.
In hard capsule manufacturing, this gel substance gets pressed into various shapes and sizes using different methods. The method that is used depends on various factors such as the properties of the substance, its size, and shape, etc. For example, if the substance has to retain a particular shape for a long time, then the shape has to be special while pressing it into the mold. Despite such robust growth of the market, certain elements can potentially put forth major challenges. Adversities such as dietary restrictions and cultural prices among certain patient pools remain key hurdles in the market. Besides, rapidly increasing prices of gelatin and lower availability of raw materials can impede growth of the empty capsules market.
Major Players Are: ACG Group, Capsugel (Lonza Group AG), Qualicaps, Inc., Bright Pharma Caps, Inc., Sunil Healthcare Ltd., CapsCanada Corporation, Roxlor LLC, Snail Pharma Industry Co., Ltd., Suheung Co., Ltd., and Medi-Caps Ltd.
Hydroxypropyl methylcellulose is derived from plant cellulose. Contains no preservatives, gelatin, wheat, gluten, animal by-products or starch. For materials with a more semi-solid or gel composition, cellulose is the preferred capsule matrix. In 2014, North America occupied a dominant position in the global empty capsule market, contributing about 40.3 percent, followed by Asia Pacific.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Empty Capsules Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Empty Capsules Industry Impact
Chapter 2 Global Empty Capsules Competition by Types, Applications, and Top Regions and Countries
2.1 Global Empty Capsules (Volume and Value) by Type
2.3 Global Empty Capsules (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Empty Capsules Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Empty Capsules Market Analysis
Chapter 6 East Asia Empty Capsules Market Analysis
Chapter 7 Europe Empty Capsules Market Analysis
Chapter 8 South Asia Empty Capsules Market Analysis
Chapter 9 Southeast Asia Empty Capsules Market Analysis
Chapter 10 Middle East Empty Capsules Market Analysis
Chapter 11 Africa Empty Capsules Market Analysis
Chapter 12 Oceania Empty Capsules Market Analysis
Chapter 13 South America Empty Capsules Market Analysis
Chapter 14 Company Profiles and Key Figures in Empty Capsules Business
Chapter 15 Global Empty Capsules Market Forecast (2021-2027)
Chapter 16 Conclusions
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