Market Overview:
The global vegetable empty capsules 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 vegetarian and vegan products, rising awareness about the benefits of using empty capsules, and growing investments by key players in research and development (R&D) activities. Based on type, the pullulan capsules segment is expected to lead the global vegetable empty capsules market during the forecast period. This segment is projected to grow at a CAGR of 6.0% from 2018 to 2030 due to its properties such as biodegradability, non-toxicity, and high moisture resistance.
Product Definition:
A vegetable empty capsule is a capsule made from plant-based materials. These capsules are often used by people who wish to take dietary supplements, as they do not contain any animal products.
Pullulan Capsules:
The global pullulan capsules market size was valued at USD 5.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand as an excipient in pharmaceutical formulations. The growing geriatric population, which is prone to various chronic disorders such as gastrointestinal diseases and cancer, has led to an increase in the consumption of drugs worldwide.
HPMC Capsules:
HPMC capsules are made from high-purity pharmaceutical-grade materials and offer excellent capsule performance. They are used in the manufacturing of a wide range of vegetable empty capsules including those for dietary supplements, functional foods, nutraceuticals, and cosmetics.
Application Insights:
Based on the application, the global vegetable empty capsules market is segmented into pharmaceutical, healthcare products and other applications. The pharmaceutical application dominated the overall industry in terms of revenue as well as volume in 2017. This is attributed to increasing demand for various drugs such as antibiotics and painkillers among others from countries such as China, India and Brazil.
The healthcare products segment was valued at USD 536.3 million in 2017 owing to high demand for dietary supplements among geriatric population across the globe coupled with rising awareness regarding diseases related issues such as cancer and cardiovascular diseases among other health hazards due to lack of physical activity or improper food habits etc. Among these capsules there are pullulan capsules which are used for manufacturing biodegradable plastics whereas hydroxypropyl methyl cellulose (HPMC) capsule is used widely for oral suspension formulations owing to its viscosity adjusted by means of medium chain triglycerides (MCT).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large consumer base of around 50% of the global population, which makes it an important regional segment. Furthermore, China is one of the largest producers and consumers of vegetables globally owing to high production volume as compared to other countries such as India or Vietnam. This has resulted in high consumption volumes by China on account of its large population base and rapid urbanization trends over past few years.
The demand for vegetable empty capsules from Europe was valued at USD X million in 2017 on account with growing pharmaceutical industry coupled with increasing R&D activities related to nutraceutical products across this region due to rising health concerns among people coupled with aging demographics are some factors anticipated favorably impact overall market growth during the forecast period.
Growth Factors:
- Increasing demand for vegetarian and vegan food products
- Rising awareness about the health benefits of vegetable empty capsules
- Growing number of online retailers selling vegetable empty capsules
- Proliferation of social media platforms and health bloggers promoting the use of vegetable empty capsules
- increasing research on the therapeutic potentials of plant-based ingredients in capsule form
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Empty Capsule Market Research Report
By Type
Pullulan Capsules, HPMC Capsules, Other
By Application
Pharmaceutical, Healthcare Products, Other
By Companies
Lonza (Capsugel), ACG Associated Capsules, Qualicaps, Shanxi GS Capsule, CapsCanada, Suheung Capsule, Qingdao Capsule, Lefan Capsule, Sunil Healthcare
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Empty Capsule Market Report Segments:
The global Vegetable Empty Capsule market is segmented on the basis of:
Types
Pullulan Capsules, HPMC Capsules, Other
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, Healthcare Products, Other
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:
- Lonza (Capsugel)
- ACG Associated Capsules
- Qualicaps
- Shanxi GS Capsule
- CapsCanada
- Suheung Capsule
- Qingdao Capsule
- Lefan Capsule
- Sunil Healthcare
Highlights of The Vegetable 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:
- Pullulan Capsules
- HPMC Capsules
- Other
- By Application:
- Pharmaceutical
- Healthcare Products
- Other
- 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 Vegetable 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?
Vegetable Empty Capsule is a dietary supplement that claims to help improve digestion and promote better absorption of nutrients.
Some of the major companies in the vegetable empty capsule market are Lonza (Capsugel), ACG Associated Capsules, Qualicaps, Shanxi GS Capsule, CapsCanada, Suheung Capsule, Qingdao Capsule, Lefan Capsule, Sunil Healthcare.
The vegetable empty capsule 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 Vegetable 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 Vegetable Empty Capsule Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vegetable 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 Vegetable 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 Vegetable Empty Capsule Market Size & Forecast, 2020-2028
4.5.1 Vegetable Empty Capsule Market Size and Y-o-Y Growth
4.5.2 Vegetable 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 Pullulan Capsules
5.2.2 HPMC Capsules
5.2.3 Other
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 Healthcare Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegetable 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 Vegetable 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 Pullulan Capsules
9.6.2 HPMC Capsules
9.6.3 Other
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 Healthcare Products
9.10.3 Other
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 Pullulan Capsules
10.6.2 HPMC Capsules
10.6.3 Other
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 Healthcare Products
10.10.3 Other
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 Pullulan Capsules
11.6.2 HPMC Capsules
11.6.3 Other
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 Healthcare Products
11.10.3 Other
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 Pullulan Capsules
12.6.2 HPMC Capsules
12.6.3 Other
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 Healthcare Products
12.10.3 Other
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 Pullulan Capsules
13.6.2 HPMC Capsules
13.6.3 Other
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 Healthcare Products
13.10.3 Other
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 Vegetable Empty Capsule Market: Competitive Dashboard
14.2 Global Vegetable Empty Capsule Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lonza (Capsugel)
14.3.2 ACG Associated Capsules
14.3.3 Qualicaps
14.3.4 Shanxi GS Capsule
14.3.5 CapsCanada
14.3.6 Suheung Capsule
14.3.7 Qingdao Capsule
14.3.8 Lefan Capsule
14.3.9 Sunil Healthcare
