Empty Capsules Market Share, Supplier, Competitors and Manufacturers to 2024

Empty Capsules Market Share, Supplier, Competitors and
Manufacturers to 2024
“The global Empty Capsules Market was estimated at USD 1.34
billion in 2015 and is expected to grow at a CAGR of 6.6% over the
forecast period. The major factors impelling the market growth
are increasing adoption rate of capsules when compared to
tablets, rising demand of empty capsules in cosmeceutical.”
The global Empty Capsules Market was estimated at USD 1.34 billion in 2015 and is expected to grow at a CAGR
of 6.6% over the forecast period. The major factors impelling the market growth are increasing adoption rate of
capsules when compared to tablets, rising demand of empty capsules in cosmeceutical, nutraceutical and
pharmaceutical industries and growing geriatric population. Capsule- based formulations are more popular
among the aged population, owing to benefits like faster dissolution time as compared to the other oral dosage
forms, capsules make swallowing easier for patients, moreover, the gastrointestinal irritation caused by
capsules is comparatively less than other dosage forms. These aforementioned benefits associated with
capsules are likely to boost the market growth over the forecast period.
However, the religious and cultural issues arising due to use of animal derivatives, such as bovine and porcine
gelatin capsules and growing prices of raw materials, are expected to hinder the market growth over the
forecast period.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/empty-capsules-market/request-sample

Product Insights
According to the product type, empty capsules market is categorized into non-gelatin and gelatin capsules. In
2015, the gelatin capsules segment accounted for the largest market share and is anticipated to maintain its
dominant position over the forecast period owing to the increase in use of gelatin capsules for formulating novel
drug delivery systems and easy availability of gelatin for manufacturing purpose.
However, non-gelatin segment is expected to experience a comparatively faster growth at a CAGR of 6.89% over
the forecast period. Major factors contributing to the growth of this segment include the strict government
regulations for use of animal-derived gelatin, incompatibilities of certain drugs with gelatin capsules and better
stability of non-gelatin capsules, which is expected to increase the demand for non-gelatin capsules.
Therapeutic Application Insights
Major therapeutic application of empty capsules can be segmented into cold and cough preparations, antianemic
preparations, anti-flatulent and antacid preparations, dietary and vitamin supplements, cardiac therapy
drugs, anti-rheumatic and anti-inflammatory drugs, anti-bacterial and antibiotic drugs, and other therapeutic
applications.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/empty-capsules-market
In 2015, antibacterial and antibiotic drugs segment accounted for the largest market share owing to the high
prevalence of various chronic conditions and infectious diseases that are expected to impose high pressure on
the pharmaceutical industries and consequently boost the empty capsule market over the forecast period.
Regional Insights
North America’s accounted for highest share of the total empty capsules market in 2015 and is expected to grow
at a CAGR of 6.1% during the forecast period owing to the high penetration rate of cosmeceutical and
nutraceutical industry along with rising awareness of nutraceutical products among the consumers.
Asia-Pacific is expected to witness the fastest growth over the forecast period. This growth can be attributed to
the increase in proliferation of pharmaceutical industry, rising awareness regarding cosmeceuticals and
nutraceuticals products, improved healthcare infrastructure, and less stringent government regulations in the
nutraceutical industry.

Competitive Insights
Some players in the empty capsules market include Sunil Healthcare Ltd. (Sunloc Healthcare, Inc.), Roxlor LLC,
Patheon, Inc. (Banner Pharmacaps, Inc.), Qualicaps, Inc. (Mitsubishi Chemical Holdings Corporation), Medicaps
Ltd., CapsCanada Corporation, JC Biological Technology Co. Ltd, ACG Associated capsules Pvt. Ltd., and Capsugel,
Inc.
Market Segment:
Global empty capsules market, by product (USD Million, 2013 - 2024)
• Gelatin Capsules
• Non-Gelatin capsules
Global empty capsules market by therapeutic application (USD Million, 2013 - 2024)
• Antibiotic and antibacterial drugs
• Vitamin and dietary supplements
• Antacids and antiflatulent preparations,
• Antianemic preparations,
• Anti-inflammatory and anti-rheumatic drugs,
• Cardiac therapy drugs,
• Cough and cold preparations
Global empty capsules market by end-user (USD Million, 2013 - 2024)
• Pharmaceutical industries
• Nutraceutical industries
• Cosmeceutical industries
• Research laboratories
Empty capsules market, by region (USD Million, 2013 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific

• Japan
• China
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
See More Reports of this Category by Million Insights @
https://www.millioninsights.com/industry/pharmaceuticals
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to the same with the
most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
Global Headquarters
Million Insights
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States
Phone: 1-408-610-2300
Email: sales@millioninsights.com
Asia Pacific
Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016
India
Phone: 91-20-65300184