Market Overview:
The global empty capsules market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for empty capsules from pharmaceuticals companies, cosmetics & nutraceuticals companies, and clinical research organisations (CROs). In addition, the growing trend of using vegetarian-based capsules is also contributing to the growth of the global empty capsules market. However, factors such as high price and limited availability of raw materials are restraining the growth of this market. Based on type, gelatin (hard)-based capsules accounted for a major share of the global empty capsules market in 2017. This can be attributed to their superior properties such as resistance against moisture and heat compared with other types of empty capsules available in the market. Based on application, pharmaceuticals companies accounted for a major share of the global empty capsule market in 2017.
Product Definition:
Empty Capsule is a capsule made of gelatin, acacia gum and water. It is used as a container for powders, granules or pellets.
Gelatin (Hard)-based Capsules:
Gelatin (hard) is extracted from the collagen of animal skin, bones, and tendons. It is a highly purified form of gelatin that has been processed to remove all trace of blood, connective tissues and other impurities. The process involved in its production is similar to that of casein - it's also derived from milk - except in this instance the raw material comes from fish sources instead.
Vegetarian-based Capsules:
Vegetarian-based capsules are derived from plant sources such as soy, rice, and wheat. These capsules can be used for the manufacturing of drugs to treat various diseases. The vegetarian capsule is a good alternative for non-vegetarians as it does not contain animal products such as gelatin or shellfish extracts which may cause stomach irritation.
The global empty capsule market size was valued at USD 2,48,867 in 2015.
Application Insights:
Pharmaceutical companies were the largest application segment and accounted for a revenue share of over 80% in 2017. The pharmaceutical industry is one of the leading consumers of gelatin capsules, as they offer several advantages including ease in manufacturing, precision during filling and cleaning, stability during storage & transportation. These empty capsules are used to store various active ingredients such as drugs, vitamins & minerals which need to be administered at a specific time.
Empty hard-based capsules are widely used by the pharmaceutical industry owing to their ability to deliver precise doses while maintaining stability throughout storage and transportation. They also offer protection against moisture exposure which can lead to deformation or degradation of other dosage forms such as powder or liquid formulations when stored inside them (referring back again).
Regional Analysis:
Asia Pacific dominated the global empty capsules market in 2017. The region is expected to maintain its position during the forecast period owing to presence of a large number of pharmaceutical companies and CROs in countries, such as China, India, South Korea and Japan. In addition, increasing R&D activities coupled with rising healthcare spending by governments is one more factor that can be attributed to regional growth.
Europe accounted for over 20% share of global revenue in 2017 due to high demand from clinical research organizations (CROs). These organizations are involved in drug discovery & development processes using human subjects which require high-quality products like empty capsules. Europe also has a well-established healthcare sector which contributes significantly towards R&D activities across the globe thus positively influencing regional growth over the forecast period.
Growth Factors:
- Increasing demand for nutraceuticals and dietary supplements
- Rising awareness about the benefits of using empty capsules
- Growing number of online retailers offering empty capsules at competitive prices
- Proliferation of private label brands in the market
- Increasing use of empty capsules in research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Empty Capsule Market Research Report
By Type
Gelatin (Hard)-based Capsules, Vegetarian-based Capsules
By Application
Pharmaceuticals Companies, Cosmetics & Nutraceuticals Companies, Clinical Research Organisations (CROs)
By Companies
Capsugel, ACG Worldwide, CapsCanada, Roxlor, Qualicaps, Suheung, Medi-Caps, Sunil Healthcare, Snail, Bright, Capsugel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Empty Capsule Market Report Segments:
The global Empty Capsule market is segmented on the basis of:
Types
Gelatin (Hard)-based Capsules, Vegetarian-based Capsules
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals Companies, Cosmetics & Nutraceuticals Companies, Clinical Research Organisations (CROs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Capsugel
- ACG Worldwide
- CapsCanada
- Roxlor
- Qualicaps
- Suheung
- Medi-Caps
- Sunil Healthcare
- Snail
- Bright
- Capsugel
Highlights of The Empty Capsule Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gelatin (Hard)-based Capsules
- Vegetarian-based Capsules
- By Application:
- Pharmaceuticals Companies
- Cosmetics & Nutraceuticals Companies
- Clinical Research Organisations (CROs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Empty Capsule Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An empty capsule is a pill that has been swallowed and has not been broken down by the stomach or intestines.
Some of the major players in the empty capsule market are Capsugel, ACG Worldwide, CapsCanada, Roxlor, Qualicaps, Suheung, Medi-Caps, Sunil Healthcare, Snail, Bright, Capsugel.
The empty capsule market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Empty Capsule Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Empty Capsule Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Empty Capsule Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Empty Capsule Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Empty Capsule Market Size & Forecast, 2020-2028
4.5.1 Empty Capsule Market Size and Y-o-Y Growth
4.5.2 Empty Capsule Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gelatin (Hard)-based Capsules
5.2.2 Vegetarian-based Capsules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceuticals Companies
6.2.2 Cosmetics & Nutraceuticals Companies
6.2.3 Clinical Research Organisations (CROs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Empty Capsule Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Empty Capsule Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gelatin (Hard)-based Capsules
9.6.2 Vegetarian-based Capsules
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceuticals Companies
9.10.2 Cosmetics & Nutraceuticals Companies
9.10.3 Clinical Research Organisations (CROs)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gelatin (Hard)-based Capsules
10.6.2 Vegetarian-based Capsules
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceuticals Companies
10.10.2 Cosmetics & Nutraceuticals Companies
10.10.3 Clinical Research Organisations (CROs)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gelatin (Hard)-based Capsules
11.6.2 Vegetarian-based Capsules
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceuticals Companies
11.10.2 Cosmetics & Nutraceuticals Companies
11.10.3 Clinical Research Organisations (CROs)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gelatin (Hard)-based Capsules
12.6.2 Vegetarian-based Capsules
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceuticals Companies
12.10.2 Cosmetics & Nutraceuticals Companies
12.10.3 Clinical Research Organisations (CROs)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gelatin (Hard)-based Capsules
13.6.2 Vegetarian-based Capsules
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceuticals Companies
13.10.2 Cosmetics & Nutraceuticals Companies
13.10.3 Clinical Research Organisations (CROs)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Empty Capsule Market: Competitive Dashboard
14.2 Global Empty Capsule Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capsugel
14.3.2 ACG Worldwide
14.3.3 CapsCanada
14.3.4 Roxlor
14.3.5 Qualicaps
14.3.6 Suheung
14.3.7 Medi-Caps
14.3.8 Sunil Healthcare
14.3.9 Snail
14.3.10 Bright
14.3.11 Capsugel
