Global Empty Capsules Market, By Type (Gelatin, Non-Gelatin), By Functionality (Sustained-Release Capsules, Immediate-Release Capsules, Others), By Application (Dietary Supplements, Cough & Cold Drugs, Others), By End-User, Estimation & Forecast, 2019 – 2026

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Global Empty Capsules Market accounted for a market value of $1.98 billion in 2019 and is anticipated to grow with a CAGR of 7.8% from 2019 to 2026.
  • Market Definition

    Global empty capsules market accounted for a market value of $1.98 billion in 2019 and is anticipated to grow with a CAGR of 7.8% from 2019 to 2026. Empty capsules are of two types specifically gelatin and non-gelatin capsules. Gelatin capsules are manufactured from the collagen of animal bone or skin. The non-gelatin capsules are composed of Hydroxypropyl Methylcellulose, and Pullulan & starch material.

    Industry Dynamics

    Increasing prevalence of chronic diseases in the geriatric population is a major driver for drugs being launched in capsules dosage forms as it becomes easier and convenient to use. Moreover, pharmaceutical companies enter into partnerships with capsule manufacturers to utilize empty capsules in clinical trials as the trial procedure requires to provide a specific dose of the investigational drug molecule to the trial subjects. In addition, HPMC and soft gelatin capsules are widely utilized in dietary supplements, thus, the growing nutraceutical market is anticipated to support the market growth. In recent years, the increasing advancements in capsule delivery technologies such as the development of capsule -in- capsule technology is projected to boost the growth of the market. For instance, Capsugel commenced the lipid multi-particulate (LMP) technology. The LMP technology is a drug delivery platform with numerous applications such as taste-masking, bioavailability enhancement, and modified release for health and nutrition products and pharmaceuticals.

    Despite the drivers, the ethical concerns associated with gelatin capsules and increasing prices and less availability of raw materials may negatively impact the market growth over the forecast period. Gelatin is derived from a by-product of slaughtered animals including hides, bones, hooves of cattle, pigs, fish, horses, and poultry. Owing to religious practices or dietary restrictions, some individuals forbid the consumption of traditional gelatin capsules. This factor hampers the growth of the gelatin-based empty capsules market.

    In recent years, the development of halal capsules and vegetable capsules pose as an opportunity for the market. Muslim consumers opt for capsules produced from halal gelatin. Halal gelatin is derived from the hides and bones of halal slaughtered animals.  The halal gelatin capsules are becoming essential in the pharmaceutical sectors in the Middle Eastern and Asian Countries having an enormous Muslim population. Additionally, vegetarian capsules are an evident choice for both vegan and vegetarian consumers. This factor highlights the growing demand for vegetarian capsules. However, the vegetarian capsules are expensive when compared to gelatin capsules.

    Market Segmentation

    The global empty capsules market has been divided into type, functionality, application, and end-user. The type segment has been bifurcated as gelatin capsules and non-gelatin capsules. The gelatin capsules segment has been sub-divided into pig meat gelatin, bone meal, bovine-derived gelatin, and others. The non-gelatin capsules has been segmented into Hydroxypropyl Methylcellulose (Hpmc) and Pullulan & starch material. Based on functionality, the market has been segmented into sustained-release capsules, immediate-release capsules, and delayed-release capsules. The application segment has been divided into dietary supplements, cough & cold drugs, antibiotic & antibacterial drugs, antacid & antiflatulent preparations, cardiovascular therapy drugs, and others. Further, the end-user segment has been divided into the nutraceutical industry, pharmaceutical industry, cosmetic industry, and research laboratories.

    Regional Analysis

    On a regional basis, the global empty capsules market has been divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America has been classified into the U.S. and Canada. Europe region has been classified into the UK, France, Germany, Italy, and Rest of Europe. Asia-Pacific region has been divided into Japan, India, South Korea, China, and Rest of Asia-Pacific. Furthermore, the South America region has been segmented into Brazil, Mexico, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Africa, and the Rest of the Middle East.

    North America is anticipated to be the leading region in the global market. The market growth in the region is attributed to the strong presence of capsule manufacturers such as Capsugel, and CapsCanada Corporation with huge production capacities and a rising number of pharmaceutical companies manufacturing capsule-dosage forms. Asia Pacific region is expected to witness tremendous growth over the forecast period. Factor such as the presence of a huge patient base and rising number of pharmaceutical companies in the region supports the market growth in the region.

    Key Players

    Key players operating in the empty capsules industry include ACG Worldwide, Qualicaps, Capsugel (Lonza), CapsCanada Corporation, Suheung Co. Ltd, Natural Capsules Ltd, Bright Pharma Caps Inc., Medi-Caps Ltd, Qingdao Yiqing Medicinal Capsules Co., Ltd, Roxlor, Shanxi Guangsheng Medicinal Capsules Co., Ltd, and Nector Lifesciences Ltd. The empty capsule market is consolidated in nature with few companies holding nearly 65% of the market share. Prominent players are engaged in strategies such as product launches, mergers, acquisitions, and expansion and building of manufacturing facilities to strengthen its market presence. For instance, In June 2019, Suheung Co. Ltd opened a new facility for manufacturing EMBO CAPS VG-APHA capsule. This facility is situated in the Long Thanh Industrial Zone, Vietnam. Similarly, in February 2018, CapsCanada Corporation invested nearly $28 million in a manufacturing facility for the hydroxypropyl methylcellulose (HPMC) capsules production. With this, the company increased its capsule output by 50% to meet the growing need for K-CAPS. Likewise, in March 2018, Orkila entered into an exclusive agreement with Capsugel. The agreement allowed Orkila to sell and promote the entire Capsugel capsule portfolio in Egypt.

    Empty Capsules Market Key Segments:

    By Type

    • Gelatin Capsules
      • Pig Meat Gelatin
      • Bone Meal
      • Bovine-Derived Gelatin
      • Others
    • Non-Gelatin Capsules
      • Hydroxypropyl Methylcellulose (HPMC)
      • Pullulan & Starch Material

    By Functionality

    • Sustained-Release Capsules
    • Immediate-Release Capsules
    • Delayed-Release Capsules

    By Application

    • Dietary Supplements
    • Cough & Cold Drugs
    • Antibiotic & Antibacterial Drugs
    • Antacid & Antiflatulent Preparations
    • Cardiovascular Therapy Drugs
    • Others

    By End-User

    • Nutraceutical Industry
    • Pharmaceutical Industry
    • Cosmetic Industry
    • Research Laboratories

    By Geography

    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Mexico
      • Rest of South America
    • Middle East & Africa
      • GCC Countries
      • Egypt
      • South Africa
      • Rest of Middle East & Africa

    Frequently Asked Questions (FAQ):

    What is the anticipated CAGR of the market during the assessment period?

    The market is expected to register a CAGR of 7.8% between 2019 and 2026.

    What are the key segments in the global empty capsules market?

    The global empty capsules market has been segmented into type, functionality, application, and end-user.

    What countries in the Asia Pacific are supposed to hold a substantial share in the global empty capsules market?

    The key countries accounting for substantial market share in the Asia Pacific region are India, China, Japan, and South Korea.

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  • Table of Content

    1. Market Introduction
    1.1. Executive Summary
    1.2. Market Definition
    1.3. Market Scope

    2. Research Methodology
    2.1. Primary Research
    2.2. Research Methodology
    2.3. Assumptions & Exclusions
    2.4. Secondary data sources

    3. Global Empty Capsules Market Overview
    3.1. Report Segmentation & Scope
    3.2. Key Market Trend
    3.3. Drivers
    3.4. Restraints
    3.5. Opportunities
    3.6. Porter’s Five Forces Analysis
    3.6.1. Porter’s Five Forces Analysis
    3.7. Market Share Analysis

    4. Global Empty Capsules Market, By Type
    4.1. Overview
    4.2. Gelatin Capsules
    4.2.1. Pig Meat Gelatin
    4.2.1.1. Market Size & Forecast, 2019-2026
    4.2.2. Bone Meal
    4.2.2.1. Market Size & Forecast, 2019-2026
    4.2.3. Bovine-Derived Gelatin
    4.2.3.1. Market Size & Forecast, 2019-2026
    4.2.4. Others
    4.3. Non-Gelatin Capsules
    4.3.1. Hydroxypropyl Methylcellulose (HPMC)
    4.3.1.1. Market Size & Forecast, 2019-2026
    4.3.2. Pullulan & Starch Material
    4.3.2.1. Market Size & Forecast, 2019-2026

    5. Global Empty Capsules Market, By Functionality
    5.1. Overview
    5.2. Sustained-Release Capsules
    5.2.1 Market Size & Forecast, 2019-2026
    5.3. Immediate-Release Capsules
    5.3.1 Market Size & Forecast, 2019-2026
    5.4. Delayed-Release Capsules
    5.4.1 Market Size & Forecast, 2019-2026

    6. Global Empty Capsules Market, By Application
    6.1. Overview
    6.2. Dietary Supplements
    6.2.1 Market Size & Forecast, 2019-2026
    6.3. Cough & Cold Drugs
    6.3.1 Market Size & Forecast, 2019-2026
    6.4. Antibiotic & Antibacterial Drugs
    6.4.1 Market Size & Forecast, 2019-2026
    6.5. Antacid & Antiflatulent Preparations
    6.5.1 Market Size & Forecast, 2019-2026
    6.6. Cardiovascular Therapy Drugs
    6.6.1 Market Size & Forecast, 2019-2026
    6.4. Others

    7. Global Empty Capsules Market, By End-User
    7.1. Overview
    7.2. Nutraceutical Industry
    7.2.1 Market Size & Forecast, 2019-2026
    7.3. Pharmaceutical Industry
    7.3.1 Market Size & Forecast, 2019-2026
    7.4. Cosmetic Industry
    7.4.1 Market Size & Forecast, 2019-2026
    7.5. Research Laboratories
    7.5.1 Market Size & Forecast, 2019-2026

    8. Global Empty Capsules Market, Region
    8.1. Overview
    8.1.1. Global Market Size & Forecast, 2017-2026
    8.2. North America Empty Capsules Market
    8.2.1. North America Market Size & Forecast, 2019-2026, By Country
    8.2.2. North America Market Size & Forecast, 2019-2026, By Type
    8.2.3. North America Market Size & Forecast, 2019-2026, By Functionality
    8.2.4. North America Market Size & Forecast, 2019-2026, By Application
    8.2.5. North America Market Size & Forecast, 2019-2026, By End-User
    8.2.6. U.S.
    8.2.6.1. Market Size and Forecast, 2019-2026
    8.2.7. Canada
    8.2.7 .1. Market Size and Forecast, 2019-2026
    8.3. Europe Empty Capsules Market
    8.3.1. Europe Market Size & Forecast, 2019-2026, By Country
    8.3.2. Europe Market Size & Forecast, 2019-2026, By Type
    8.3.3. Europe Market Size & Forecast, 2019-2026, By Functionality
    8.3.4. Europe Market Size & Forecast, 2019-2026, By Application
    8.2.5. Europe Market Size & Forecast, 2019-2026, By End-User
    8.3.6. Germany
    8.3.6.1. Market Size and Forecast, 2019-2026
    8.3.7. France
    8.3.7.1. Market Size and Forecast, 2019-2026
    8.3.8. UK
    8.3.8.1. Market Size and Forecast, 2019-2026
    8.3.9. Italy
    8.3.9.1. Market Size and Forecast, 2019-2026
    8.3.10. Spain
    8.3.10.1. Market Size and Forecast, 2019-2026
    8.3.11. Rest of Europe
    8.3.11.1. Market Size and Forecast, 2019-2026
    8.4. Asia-Pacific Empty Capsules Market
    8.4.1. Asia-Pacific Market Size & Forecast, 2019-2026, By Country
    8.4.2. Asia-Pacific Market Size & Forecast, 2019-2026, By Type
    8.4.3. Asia-Pacific Market Size & Forecast, 2019-2026, By Functionality
    8.4.4. Asia-Pacific Market Size & Forecast, 2019-2026, By Application
    8.4.5. Asia-Pacific Market Size & Forecast, 2019-2026, By End-User
    8.4.6. Japan
    8.4.6.1. Market Size and Forecast, 2019-2026
    8.4.7. China
    8.4.7.1. Market Size and Forecast, 2019-2026
    8.4.8. Australia
    8.4.8.1. Market Size and Forecast, 2019-2026
    8.4.9. India
    8.4.9.1. Market Size and Forecast, 2019-2026
    8.4.10. South Korea
    8.4.10.1. Market Size and Forecast, 2019-2026
    8.4.11. Rest of Asia-Pacific
    8.4.11.1. Market Size and Forecast, 2019-2026
    8.12. South America Empty Capsules Market
    8.5.1. South America Market Size & Forecast, 2019-2026, By Country
    8.5.2. South America Market Size & Forecast, 2019-2026, By Type
    8.5.3. South America Market Size & Forecast, 2019-2026, By Functionality
    8.5.4. South America Market Size & Forecast, 2019-2026, By Application
    8.5.5. South America Market Size & Forecast, 2019-2026, By End-User
    8.5.6. Brazil
    8.5.6.1. Market Size and Forecast, 2019-2026
    8.5.7. Argentina
    8.5.7.1. Market Size and Forecast, 2019-2026
    8.5.8. Rest of South America
    8.5.8.1. Market Size and Forecast, 2019-2026
    8.6. Middle East & Africa Empty Capsules Market
    8.6.1. Middle East & Africa Market Size & Forecast, 2019-2026, By Country
    8.6.2. Middle East & Africa Market Size & Forecast, 2019-2026, By Type
    8.6.3. Middle East & Africa Market Size & Forecast, 2019-2026, By Functionality
    8.6.4. Middle East & Africa Market Size & Forecast, 2019-2026, By Application
    8.6.5. Middle East & Africa Market Size & Forecast, 2019-2026, By End-User
    8.6.6. GCC Countries
    8.6.6.1. Market Size and Forecast, 2019-2026
    8.6.7. Egypt
    8.6.7.1. Market Size and Forecast, 2019-2026
    8.6.8. South Africa
    8.6.8.1. Market Size and Forecast, 2019-2026
    8.6.9. Rest of Middle East & Africa
    8.6.9.1. Market Size and Forecast, 2019-2026

    9. Company Profile
    9.1. ACG Worldwide
    9.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
    9.1.2. Product, Type, Category, Product, and Specification
    9.1.3. Financial Performance
    9.1.4. Strategic Initiatives
    9.2. Qualicaps
    9.3. Capsugel (Lonza)
    9.4. CapsCanada Corporation
    9.5. Suheung Co. Ltd
    9.6. Natural Capsules Ltd
    9.7. Bright Pharma Caps Inc.
    9.7. Medi-Caps Ltd
    9.9 Qingdao Yiqing Medicinal Capsules Co., Ltd
    9.10 Roxlor
    9.11 Shanxi Guangsheng Medicinal Capsules Co., Ltd
    9.12 Nector Lifesciences Ltd

    10. List of Tables
    Table 1 Global Empty Capsules Market Share, By Type, 2016-2026 ($Million)
    Table 2 Gelatin Capsules, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 3 Pig Meat Gelatin, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 4 Bone Meal, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 5 Bovine-Derived Gelatin, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 6 Others, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 7 Non-gelatin Capsules, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 8 Hydroxypropyl Methylcellulose (HPMC) , Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 9 Pullulan & Starch Material, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 10 Global Empty Capsules Market Share, By Functionality, 2016-2026 ($Million)
    Table 11 Sustained-Release Capsules, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 12 Immediate-Release Capsules, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 13 Delayed-Release Capsules, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 14 Global Empty Capsules Market Share, By Application, 2016-2026 ($Million)
    Table 15 Dietary Supplements Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 16 Cough & Cold Drugs, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 17 Antibiotic & Antibacterial Drugs, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 18 Antacid & Antiflatulent Preparations, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 19 Cardiovascular Therapy Drugs, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 20 Others, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 21 Global Empty Capsules Market Share, By End-User, 2016-2026 ($Million)
    Table 22 Nutraceutical Industry, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 23 Pharmaceutical Industry, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 24 Cosmetic Industry, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 25 Research Laboratories, Empty Capsules Market Share, By Region, 2016-2026 ($Million)
    Table 26 Global Empty Capsules Market Value, 2016-2026 ($Million)
    Table 27 North America, Empty Capsules Market Value and Growth Rate, 2016-2026 ($Million)
    Table 28 North America, Empty Capsules Market Share Value, By Country, 2016-2026 ($Million)
    Table 29 North America Empty Capsules Market Share Value, By Type, 2016-2026 ($Million)
    Table 30 North America Empty Capsules Market Share Value, By Functionality 2016-2026 ($Million)
    Table 31 North America Empty Capsules Market Share Value, By Application, 2016-2026 ($Million)
    Table 32 North America Empty Capsules Market Share Value, By End-User, 2016-2026 ($Million)
    Table 33 Europe Empty Capsules Market Value and Growth Rate, 2016-2026 ($Million)
    Table 34 Europe Empty Capsules Market Share Value, By Country, 2016-2026 ($Million)
    Table 35 Europe Empty Capsules Market Share Value, By Type, 2016-2026 ($Million)
    Table 36 Europe Empty Capsules Market Share Value, By Functionality, 2016-2026 ($Million)
    Table 37 Europe Empty Capsules Market Share Value, By Application, 2016-2026 ($Million)
    Table 38 Europe Empty Capsules Market Share Value, By End-User, 2016-2026 ($Million)
    Table 39 Asia Pacific Empty Capsules Market Value and Growth Rate, 2016-2026 ($Million)
    Table 40 Asia Pacific Empty Capsules Market Share Value, By Country, 2016-2026 ($Million)
    Table 41 Asia Pacific Empty Capsules Market Share Value, By Type, 2016-2026 ($Million)
    Table 42 Asia Pacific Empty Capsules Market Share Value, By Functionality, 2016-2026 ($Million)
    Table 43 Asia Pacific Empty Capsules Market Share Value, By Application, 2016-2026 ($Million)
    Table 44 Asia Pacific Empty Capsules Market Share Value, By End-User, 2016-2026 ($Million)
    Table 45 South America Empty Capsules Market Value and Growth Rate, 2016-2026 ($Million)
    Table 46 South America Empty Capsules Market Share Value, By Country, 2016-2026 ($Million)
    Table 47 South America Empty Capsules Market Share Value, By Type, 2016-2026 ($Million)
    Table 48 South America Empty Capsules Market Share Value, By Functionality, 2016-2026 ($Million)
    Table 49 South America Empty Capsules Market Share Value, By Application, 2016-2026 ($Million)
    Table 50 South America Empty Capsules Market Share Value, By End-User, 2016-2026 ($Million)
    Table 51 Middle East & Africa Empty Capsules Market Value and Growth Rate, 2016-2026 ($Million)
    Table 52 Middle East & Africa Empty Capsules Market Share Value, By Country, 2016-2026 ($Million)
    Table 53 Middle East & Africa Empty Capsules Market Share Value, By Type, 2016-2026 ($Million)
    Table 54 Middle East & Africa Empty Capsules Market Share Value, By Functionality, 2016-2026 ($Million)
    Table 55 Middle East & Africa Empty Capsules Market Share Value, By Application, 2016-2026 ($Million)
    Table 56 Middle East & Africa Empty Capsules Market Share Value, By End-User, 2016-2026 ($Million)
    Table 57 Recent Developments

    11. List of Figures
    Figure 1 Global Empty Capsules Market Overview
    Figure 2 Global Empty Capsules Market Segmentation
    Figure 3 Global Empty Capsules Market Drivers
    Figure 4 Global Empty Capsules Market Restrains
    Figure 5 Global Empty Capsules Market Porter’s Analysis
    Figure 6 Global Empty Capsules Market share, By Type, 2018 VS 2026 (%)
    Figure 7 Global Empty Capsules Market share, By Functionality, 2018 VS 2026 (%)
    Figure 8 Global Empty Capsules Market share, By Application, 2018 VS 2026 (%)
    Figure 9 Global Empty Capsules Market share, By End-User, 2018 VS 2026 (%)
    Figure 10 U.S. Empty Capsules Market share, 2016-2026 ($Million)
    Figure 11 Canada Empty Capsules Market share, 2016-2026 ($Million)
    Figure 12 U.K. Empty Capsules Market share, 2016-2026 ($Million)
    Figure 13 Germany Empty Capsules Market share, 2016-2026 ($Million)
    Figure 14 France Empty Capsules Market share, 2016-2026 ($Million)
    Figure 15 Italy Empty Capsules Market share, 2016-2026 ($Million)
    Figure 16 Rest of Europe Empty Capsules Market share, 2016-2026 ($Million)
    Figure 17 India Empty Capsules Market share, 2016-2026 ($Million)
    Figure 18 China Empty Capsules Market share, 2016-2026 ($Million)
    Figure 19 Japan Empty Capsules Market share, 2016-2026 ($Million)
    Figure 20 South Korea Empty Capsules Market share, 2016-2026 ($Million)
    Figure 21 Rest of Asia Pacific Empty Capsules Market share, 2016-2026 ($Million)
    Figure 22 Brazil Empty Capsules Market share, 2016-2026 ($Million)
    Figure 23 Argentina Empty Capsules Market share, 2016-2026 ($Million)
    Figure 24 Rest of South America Empty Capsules Market share, 2016-2026 ($Million)
    Figure 25 GCC Countries Empty Capsules Market share, 2016-2026 ($Million)
    Figure 26 Egypt Empty Capsules Market share, 2016-2026 ($Million)
    Figure 27 South Africa Empty Capsules Market share, 2016-2026 ($Million)
    Figure 28 Rest of Middle East & Africa Empty Capsules Market share, 2016-2026 ($Million)

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    • ACG Worldwide
    • Qualicaps
    • Capsugel (Lonza)
    • CapsCanada Corporation
    • Suheung Co. Ltd
    • Natural Capsules Ltd
    • Bright Pharma Caps Inc.
    • Medi-Caps Ltd
    • Qingdao Yiqing Medicinal Capsules Co., Ltd
    • Roxlor
    • Shanxi Guangsheng Medicinal Capsules Co., Ltd
    • Nector Lifesciences Ltd
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