Empty Capsules Market Size, Revenue Analysis, Industry Outlook, Forecast, 2022-2027

The Global Empty Capsules Market is projected to experience a compound annual growth rate (CAGR) of 5.5%, with its value increasing from USD 1.86 billion in 2019 to USD 2.90 billion by 2027. The key factors driving this growth are the rising number of elderly individuals, the strong demand for empty capsules in the pharmaceutical, nutraceutical, and cosmeceutical industries, and the growing preference among customers for tablet capsules.

The growing prevalence of chronic diseases among the elderly population has created a significant demand for appropriate therapeutic medications. Elderly individuals primarily favor capsules in solid dosage forms due to several reasons, including their ease of consumption, faster dissolution compared to other oral medications, and reduced gastrointestinal discomfort associated with these dosage forms.

The quick disintegration of capsules leading to faster absorption, along with the tasteless and odorless gelatin coating, makes them highly desirable among consumers. Various types of capsules, such as cod liver oil capsules and CosmoPod capsules, are particularly preferred in the nutraceutical and cosmeceutical industries. This preference stems from the global demand for empty capsules in these sectors and the advantages associated with their use.

Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/3474

Companies considered and profiled in this market study

ACG Associated Capsules Pvt. Ltd., Capsugel Inc., CapsCanada Corporation, JC Biological Technology Co. Ltd, Medicaps Ltd., Mitsubishi Chemical Holdings Corporation, Qualicaps, Inc., Patheon, Inc., Sunil Healthcare Ltd., and Roxlor LLC, among others, have been profiled in the report. They are the major manufacturers of the product.

The players operating in the market have undertaken a number of strategies. The key highlights are:

In July 2018, The Capsugel Vcaps Gen C capsule based on the formula carrageenan gelling agent was introduced by Lonza’s Capsule Delivery Solutions to extend Lonza\'s Hydroxypropyl Methyl Cellulose Capsule (HPMC) portfolio.
In February 2018, Investments from CapsCanada Corporation (Canada) in the state-of-the-art hydroxypropyl metho-cellulose (HPMC) production facility have been valued at US$ 28 million. The company increased its capsule production by 50 percent to meet the increasing global K-CAPS demand through this investment.

To know more about the report @ https://www.reportsanddata.com/report-detail/empty-capsules-market

The empty capsules market is influenced by various driving factors and restraints. Let's explore both aspects:

Driving Factors:

Growing Pharmaceutical Industry: The pharmaceutical industry's expansion is a major driving force for the empty capsules market. The demand for empty capsules is directly linked to the production of oral solid dosage forms such as tablets and powders, which are widely used in the pharmaceutical sector.
Increasing Consumer Preference for Capsule-based Medications: Many patients prefer taking medications in capsule form due to factors like ease of swallowing, accurate dosing, and better patient compliance. This preference drives the demand for empty capsules as pharmaceutical companies strive to meet consumer needs.
Rising Health Consciousness: With the increasing focus on preventive healthcare and wellness, there is a growing demand for dietary supplements and nutraceuticals. Empty capsules provide an ideal delivery system for such products, leading to the expansion of the market.
Technological Advancements: Advancements in capsule manufacturing technology, such as improved capsule shell materials, innovative capsule designs, and efficient filling machines, have positively impacted the market. These advancements have enhanced the quality, safety, and efficiency of the manufacturing process, attracting more manufacturers and driving market growth.

Restraints:

Stringent Regulatory Requirements: The production and marketing of empty capsules are subject to strict regulations imposed by regulatory authorities, such as the Food and Drug Administration (FDA). Compliance with these regulations can be complex and time-consuming, acting as a restraint for manufacturers, especially smaller ones.
Limited Raw Material Availability: Empty capsules are primarily made from gelatin or non-gelatin materials. The availability and cost of these raw materials can fluctuate, impacting the production and pricing of empty capsules. Limited supply or price volatility can pose challenges to market growth.
Competition from Alternative Drug Delivery Systems: While capsules remain popular, alternative drug delivery systems such as tablets, powders, and liquid formulations exist. These alternatives may offer specific advantages for certain medications or patient populations, potentially limiting the demand for empty capsules in certain cases.
Risk of Contamination and Quality Issues: Ensuring the quality and safety of empty capsules is crucial to prevent any contamination or quality-related issues in the final product. Manufacturers must maintain stringent quality control measures throughout the production process. Any lapses in quality control can harm the market reputation and hinder growth.

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/3474

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report

Browse More Reports:

Drug Addiction Treatment Market

Artificial Tendons and Ligaments Market