Market Overview:
The global hard capsule gelatin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hard capsules from the pharmaceutical and healthcare industries. Hard capsules are used as a drug delivery system and offer several benefits over other dosage forms, such as tablets and capsules. These benefits include protection of drugs from moisture and oxygen, improved taste, accurate dose delivery, reduced dosing errors, among others. In addition, rising consumer awareness about the benefits of using hard capsules is also contributing to the growth of this market. Based on source type, the global hard capsule gelatin market can be segmented into bovine source, fish source, porcine source and other sources (including insects). Bovine-sourced gelatin is currently dominating this market due to its high quality and purity standards. However, with growing concerns about animal welfare issues associated with bovine-sourced gelatin products manufacturers are increasingly focusing on developing alternative sources for raw materials that meet stringent quality requirements set by regulatory agencies worldwide. Fish-sourced gelatins are gaining popularity due to their sustainability credentials; however they often lack some key functional properties required for use in hard capsules such as viscosity and Bloom strength which could hamper their growth prospects in this segment over the forecast period .
Product Definition:
A hard capsule gelatin is a type of gelatin that has been dried and hardened. It is used to make capsules that can be filled with medicine or other substances.
Bovine Source:
Bovine source is the most important raw material used in the manufacturing of capsules. It has a high content of gelatin, which is an essential protein for human body. The bovine type has been widely accepted as it provides better yield and purity compared to other sources such as porcine or poultry types.
Gelatinization process plays an important role in hard capsule production, wherein bovine type gelatin is used to obtain transparent capsules with good flavor.
Fish Source:
Fish source is the most important raw material used in the manufacturing of hard gelatin capsules. Fish source includes fish oil, fish meat, and dried fish. The primary function of this raw material is to provide a capsule shell that can retain the dosage and flavor of the drug inside it.
Application Insights:
The drugs segment held the largest market share in 2016. The drugs segment includes pharmaceutical and non-pharmaceutical applications. The drugs include nutritional supplements, medicines, and other health care products such as baby care products and cosmetics. Hard capsules are used for manufacturing various medicines including analgesics, antacid tablets, antibiotics (excluding penicillin), antihistamines (excluding chlorpheniramine), decongestants (excluding phenylephrine), cough syrups & cold preparations (excluding those with a dosage of more than 12 ounces) diet pills/supplements vitamins mineral oil oral hygiene kits painkillers skin creams earache drops nose drops eye drop vitamin C Preparation of health care products is expected to be the fastest growing application over the forecast period owing to increasing demand for gelatin capsules from several health applications including dietary supplements and medicine bottles among others.
Regional Analysis:
Europe was the largest regional market in 2017 owing to presence of a large number of players and high R&D intensity. The region is expected to maintain its dominance over the forecast period due to factors such as technological advancements, increase in geriatric population, rising prevalence of chronic diseases, and increasing healthcare expenditure.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 on account of growing health awareness among people coupled with rising disposable income levels especially in developing countries like China & India. Moreover, government initiatives for improving healthcare infrastructure are also expected favorably impact industry growth over the next eight years. Rising demand for gelatin capsules from China on account of low manufacturing cost coupled with easy availability of raw materials will drive this regional market further.
Growth Factors:
- Increasing demand for capsules as a dosage form
- Rising prevalence of chronic diseases and disorders
- Growing geriatric population and their need for medications in solid form
- Technological advancements in the manufacturing of hard capsule gelatin
- Expansion of the generic drug market
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Capsule Gelatin Market Research Report
By Type
Bovine Source, Fish Source, Porcine, Other Source
By Application
Preparation of Drugs, Preparation of Health Care Products
By Companies
Capsugel, QUALICAPS, ACG ACPL, SUHEUNG, Huangshan Capsule, ERAWAT PHARMA, DAH FENG CAPSULE, LEFAN CAPSULE, SHING LIH FANG, ROXLOR, Capsugel, Kangke, Angtai, QINHAI GELATIN COMPANY, India Gelatine & Chemicals
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Hard Capsule Gelatin Market Report Segments:
The global Hard Capsule Gelatin market is segmented on the basis of:
Types
Bovine Source, Fish Source, Porcine, Other Source
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
Preparation of Drugs, Preparation of Health Care Products
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
- QUALICAPS
- ACG ACPL
- SUHEUNG
- Huangshan Capsule
- ERAWAT PHARMA
- DAH FENG CAPSULE
- LEFAN CAPSULE
- SHING LIH FANG
- ROXLOR
- Capsugel
- Kangke
- Angtai
- QINHAI GELATIN COMPANY
- India Gelatine & Chemicals
Highlights of The Hard Capsule Gelatin 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:
- Bovine Source
- Fish Source
- Porcine
- Other Source
- By Application:
- Preparation of Drugs
- Preparation of Health Care Products
- 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 Hard Capsule Gelatin 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.
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- 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?
Hard Capsule Gelatin is a type of gelatin that has been treated with a hardening agent. This makes the gelatin more resistant to breaking down, which can make it easier to use in food products.
Some of the major companies in the hard capsule gelatin market are Capsugel, QUALICAPS, ACG ACPL, SUHEUNG, Huangshan Capsule, ERAWAT PHARMA, DAH FENG CAPSULE, LEFAN CAPSULE, SHING LIH FANG, ROXLOR, Capsugel, Kangke, Angtai, QINHAI GELATIN COMPANY, India Gelatine & Chemicals.
The hard capsule gelatin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hard Capsule Gelatin 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 Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size & Forecast, 2018-2028
4.5.1 Hard Capsule Gelatin Market Size and Y-o-Y Growth
4.5.2 Hard Capsule Gelatin Market Absolute $ Opportunity
Chapter 5 Global Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Type
5.2.1 Bovine Source
5.2.2 Fish Source
5.2.3 Porcine
5.2.4 Other Source
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Applications
6.2.1 Preparation of Drugs
6.2.2 Preparation of Health Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hard Capsule Gelatin 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 Hard Capsule Gelatin 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 Hard Capsule Gelatin Analysis and Forecast
9.1 Introduction
9.2 North America Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Type
9.6.1 Bovine Source
9.6.2 Fish Source
9.6.3 Porcine
9.6.4 Other Source
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 Hard Capsule Gelatin Market Size Forecast by Applications
9.10.1 Preparation of Drugs
9.10.2 Preparation of Health Care Products
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 Hard Capsule Gelatin Analysis and Forecast
10.1 Introduction
10.2 Europe Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Type
10.6.1 Bovine Source
10.6.2 Fish Source
10.6.3 Porcine
10.6.4 Other Source
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 Hard Capsule Gelatin Market Size Forecast by Applications
10.10.1 Preparation of Drugs
10.10.2 Preparation of Health Care Products
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 Hard Capsule Gelatin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Type
11.6.1 Bovine Source
11.6.2 Fish Source
11.6.3 Porcine
11.6.4 Other Source
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 Hard Capsule Gelatin Market Size Forecast by Applications
11.10.1 Preparation of Drugs
11.10.2 Preparation of Health Care Products
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 Hard Capsule Gelatin Analysis and Forecast
12.1 Introduction
12.2 Latin America Hard Capsule Gelatin 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 Hard Capsule Gelatin Market Size Forecast by Type
12.6.1 Bovine Source
12.6.2 Fish Source
12.6.3 Porcine
12.6.4 Other Source
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 Hard Capsule Gelatin Market Size Forecast by Applications
12.10.1 Preparation of Drugs
12.10.2 Preparation of Health Care Products
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) Hard Capsule Gelatin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hard Capsule Gelatin 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) Hard Capsule Gelatin Market Size Forecast by Type
13.6.1 Bovine Source
13.6.2 Fish Source
13.6.3 Porcine
13.6.4 Other Source
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) Hard Capsule Gelatin Market Size Forecast by Applications
13.10.1 Preparation of Drugs
13.10.2 Preparation of Health Care Products
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 Hard Capsule Gelatin Market: Competitive Dashboard
14.2 Global Hard Capsule Gelatin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capsugel
14.3.2 QUALICAPS
14.3.3 ACG ACPL
14.3.4 SUHEUNG
14.3.5 Huangshan Capsule
14.3.6 ERAWAT PHARMA
14.3.7 DAH FENG CAPSULE
14.3.8 LEFAN CAPSULE
14.3.9 SHING LIH FANG
14.3.10 ROXLOR
14.3.11 Capsugel
14.3.12 Kangke
14.3.13 Angtai
14.3.14 QINHAI GELATIN COMPANY
14.3.15 India Gelatine & Chemicals
