Market Overview:
The global liquid-filled hard capsules (LFHCs) market is expected to register a CAGR of 5.8% during the forecast period, 2018–2030. The LFHCs market is segmented on the basis of type, application and region. On the basis of type, the LFHCs market is segmented into gelatin and vegetarian capsules. Gelatin capsules are made from animal collagen extracted from skin, bones or connective tissues, while vegetarian capsules are made from plant-based materials such as cellulose derivatives or starch. On the basis of application, the LFHCs market is segmented into pharmaceuticals, health supplements and others (including nutraceutical products). Pharmaceutical applications dominated in terms of revenue share in 2017 and are expected to maintain their dominance during the forecast period as well.
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Product Definition:
Liquid-filled hard capsules (LFHCs) are small, gelatinous capsules containing a liquid. They are used to encapsulate and protect drugs or other substances that would be damaged by stomach acids. The liquids in the capsules can also help improve absorption of the drug into the body. Liquid-filled hard capsules can also provide an easier swallowing experience for patients with difficulty swallowing pills.
Gelatin:
Gelatin is the protein that gives structure to the capsule. It's extracted from collagen, a connective tissue that provides support and strength to bones, skin, and organs. The most common sources of gelatin are meat ( beef & pork), fish skin, bone meal (from cattle bones or poultry bones), cartilage (from animal joints) and tendons & ligaments.
Vegetarian:
Vegetarian is a diet that does not include meat, fish, or other animal-derived food products such as eggs, dairy products, or seafood. The consumption of these foods can lead to various health problems including heart disease and high cholesterol. According to the World Health Organization (WHO), vegetarianism has many benefits which include the prevention of certain types of cancer and reduced risk of mortality from cardiovascular diseases among others.
Application Insights:
Health supplements application segment led the global market in 2017. This growth can be attributed to the growing demand for dietary supplements and vitamins. The increasing geriatric population across the world is also expected to contribute towards this growth over the forecast period.
Liquid-filled hard capsules are used in manufacturing of pharmaceutical products, which include birth control pills, hormone replacement therapy tablets, antibiotics, antidiarrheal drugs & medicines and other health products. They are also used in manufacturing of nutritional & energy supplements as they offer advantages such as precise dosing capability and longer shelf life due to their environment-friendly packaging materials made using polyethylene terephthalate (PET) or high-density polyethylene (HDPE).
The others application segment includes pet care formulations that use liquid filled capsules for animal feed additives among others¢â‚¬â„¢ food additives required by law to be declared on product labels according with U.S.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of pharmaceutical and biopharmaceutical companies, coupled with high R&D investment by these companies, is one of the major factors responsible for dominance. In addition, increasing government support to promote innovation through tax benefits is also expected to contribute toward dominance over the forecast period.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 owing to growing healthcare expenditure and improving economic conditions in emerging countries such as China and India. Furthermore, rising disposable income levels are expected drive demand for luxury consumer goods including health supplements that will further propel growth during the forecast period.
Growth Factors:
- Increasing demand for LFHCs from the pharmaceutical and nutraceutical industries as a result of their benefits such as protection against moisture and oxidation, longer shelf life, and ease of handling.
- Growing popularity of LFHCs as an alternative to soft capsules due to their superior mechanical properties and resistance to crushing.
- Rising demand for customized LFHCs with specific shapes, sizes, colors, and flavors to cater to the needs of different end-use applications.
- Technological advancements that have led to the development of new production processes capable of manufacturing high-quality LFHCs in large quantities at low costs.
- Growing awareness about the health benefits associated with taking dietary supplements in capsule form instead of solid or liquid form
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid-filled Hard Capsules (LFHCs) Market Research Report
By Type
Gelatin, Vegetarian
By Application
Pharmaceutical, Health Supplements, Others
By Companies
Sanupharm, CapsCanada, Lonza (Capsugel), Erawat Pharma, Farmacapsulas, Suheung, Ion Labs, Shanghai Key Biotechnology, JCCAPS, Jiangsu Lefan Capsule, Bright Pharmacaps Inc.
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Liquid-filled Hard Capsules (LFHCs) Market Report Segments:
The global Liquid-filled Hard Capsules (LFHCs) market is segmented on the basis of:
Types
Gelatin, Vegetarian
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
Pharmaceutical, Health Supplements, Others
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:
- Sanupharm
- CapsCanada
- Lonza (Capsugel)
- Erawat Pharma
- Farmacapsulas
- Suheung
- Ion Labs
- Shanghai Key Biotechnology
- JCCAPS
- Jiangsu Lefan Capsule
- Bright Pharmacaps Inc.
 Market Overview.svg)
Highlights of The Liquid-filled Hard Capsules (LFHCs) 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
- Vegetarian
- By Application:
- Pharmaceutical
- Health Supplements
- Others
- 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 Liquid-filled Hard Capsules (LFHCs) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Liquid-filled hard capsules (LFHCs) are a type of drug delivery system that uses a liquid suspension to hold the medication. The liquid is enclosed in a hard shell, which protects it from being absorbed through the skin and broken down by the body. LFHCs are often used to deliver medications that must be taken orally, such as chemotherapy drugs or vaccines.
Some of the major players in the liquid-filled hard capsules (lfhcs) market are Sanupharm, CapsCanada, Lonza (Capsugel), Erawat Pharma, Farmacapsulas, Suheung, Ion Labs, Shanghai Key Biotechnology, JCCAPS, Jiangsu Lefan Capsule, Bright Pharmacaps Inc..
The liquid-filled hard capsules (lfhcs) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid-filled Hard Capsules (LFHCs) 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 Liquid-filled Hard Capsules (LFHCs) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid-filled Hard Capsules (LFHCs) 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 Liquid-filled Hard Capsules (LFHCs) 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 Liquid-filled Hard Capsules (LFHCs) Market Size & Forecast, 2020-2028
4.5.1 Liquid-filled Hard Capsules (LFHCs) Market Size and Y-o-Y Growth
4.5.2 Liquid-filled Hard Capsules (LFHCs) 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
5.2.2 Vegetarian
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 Pharmaceutical
6.2.2 Health Supplements
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid-filled Hard Capsules (LFHCs) 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 Liquid-filled Hard Capsules (LFHCs) 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
9.6.2 Vegetarian
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 Pharmaceutical
9.10.2 Health Supplements
9.10.3 Others
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
10.6.2 Vegetarian
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 Pharmaceutical
10.10.2 Health Supplements
10.10.3 Others
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
11.6.2 Vegetarian
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 Pharmaceutical
11.10.2 Health Supplements
11.10.3 Others
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
12.6.2 Vegetarian
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 Pharmaceutical
12.10.2 Health Supplements
12.10.3 Others
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
13.6.2 Vegetarian
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 Pharmaceutical
13.10.2 Health Supplements
13.10.3 Others
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 Liquid-filled Hard Capsules (LFHCs) Market: Competitive Dashboard
14.2 Global Liquid-filled Hard Capsules (LFHCs) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanupharm
14.3.2 CapsCanada
14.3.3 Lonza (Capsugel)
14.3.4 Erawat Pharma
14.3.5 Farmacapsulas
14.3.6 Suheung
14.3.7 Ion Labs
14.3.8 Shanghai Key Biotechnology
14.3.9 JCCAPS
14.3.10 Jiangsu Lefan Capsule
14.3.11 Bright Pharmacaps Inc.
