Capsule Market

The report of Middle East and Africa Capsule Market by Market Research Future comprises
of extensive primary research along with detail analysis of qualitative as well as quantitative
aspects by various industry experts and key opinion leaders to gain a deeper insight of the
market and industry performance. Capsules are empty shells used to enclose active drugs
for protecting them or to make the medication more palatable. The capsuled dosage forms
can also be used as suppositories or for local application by pinching them to release the
active drug. Capsules have been viewed as the most efficient method of taking nauseating
and bitter tasting medications.
The Middle East And Africa Capsule Market is growing at a good rate. The market’s driving
factors are rising demand for vegetarian and halal-based capsules, growing consumer
preference towards capsule-based formulations, growing use of capsules in the
pharmaceutical and neutraceuticals. Other factors driving the growth of capsules are ease of
use, greater patient conformance and technological advancements such as delayed released
and modified release capsules. Development of non-gelatin capsules such as those made
from hydroxypropyl methyl cellulose (HPMC), starch based etc. are further driving the
market. Growing use of soft gelatin capsules such as suppositories is another factor
affecting the market positively. On the basis of segmentation, the development of
veterinary drug market is driving the growth of the Middle East and Africa capsule market.
The market’s constrains include high cost of vegetable capsules, low tamper resistance of
capsules as compared to tablets, higher cost of formulation as compared to tablets among
others. However the critical threat for the capsule industry remains outbreaks of diseases
such as bovine spongiform encephalopathy (BSE) which has resulted in temporary scarcity
of healthy raw material thereby pushing raw material’s costs. Societal and religious
considerations have also impacted the industry negatively. Another restraint is strict and
tightened regulations. For example, many European nations such as France has imposed
immediate ban on bovine gelatin until EU safety guidelines were put into practice.
The capsule industry has responded and current market trends include shift towards
vegetarian substitutes such as carrageenan, agar, and starch based capsules.
Taking all factors into consideration, we expect the Middle East and Africa capsule market to
reach around $365.44 million in 2022 from $224 million in 2015 growing at a CAGR of 8.5
%.
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Key Players for Middle East and Africa Capsule Market:
ACG Associated Capsules, Capsugel, Qualicaps, Suheung, Roxlor LLC, Medi-Caps Ltd,
Suheung Co. Ltd and others.
Segments:

Middle East and Africa Capsule Market has been segmented on the basis of product type
which comprises hard capsules and soft capsules. On the basis of raw material; market is
segmented into bovine, porcine and non-gelatin. On the basis of route of administration;
market is segmented into oral and others. Moreover on the basis of end user; market is
segmented into pharmaceuticals and others.
Regional Analysis of Middle East and Africa Capsule Market:
UAE is the largest market for capsule in entire Middle East and Africa capsule market closely
followed by Egypt. The rest of Africa market is however growing very fast with a huge
unmet medical needs. The growing veterinary drugs market is also fuelling the demand for
capsules especially in Africa. However greater prevalence of substandard capsules is a
threat to the industry.
The report gives a clear picture of current market scenario which includes past and
estimated future size of the market in terms of value and volume, technological
advancement, macro economical and governing factors in the market. The report provides
detail information about and strategies used by top key players in the industry. The report
also gives a broad study of different markets segments and regions.
Brief Toc:
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Middle East and Africa Capsule Market, By Product Type
6 Middle East and Africa Capsule Market, By Raw Material
7 Middle East and Africa Capsule Market, By Route of Administration
8 Middle East and Africa Capsule Market, By End User
9 Middle East and Africa Capsule Market, By Country
10 Company Landscape
11 Company Profile
12 Appendix
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