Empty Capsules Market
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,
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,
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Therapeutic Application Insights
Major therapeutic application of empty capsules can be segmented into cold and cough preparations, anti-anemic
preparations, anti-flatulent and antacid preparations, dietary and vitamin supplements, cardiac therapy drugs, antirheumatic
and anti-inflammatory drugs, anti-bacterial and antibiotic drugs, and other therapeutic applications.
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.
End-use Insights
Based on end-use, the empty capsules market is segmented into research laboratories, cosmetic industry, nutraceutical
industry and pharmaceutical industry. Pharmaceutical industry segment generated the maximum revenue in 2015 and is
expected to dominate the market throughout the forecast period, because of large scale use of capsules over other oral
dosage forms, which is expected to promote demand of empty capsules in the pharmaceutical industry in order to treat
various infectious and cardiac diseases.
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.
Browse Full Report With TOC @ https://www.millioninsights.com/industry-reports/empty-capsules-market
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,