Market Overview:
The global hard HPMC 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 hard HPMC capsules from the pharmaceutical and nutraceutical industries. Hard HPMC capsules are used as a delivery system for drugs and supplements, which is driving their demand in these industries. In addition, the growing cosmetics industry is also contributing to the growth of this market. The type segment of the global hard HPMC capsules market is segmented into carrageenan, gellan gum, pectin, glycerin and others. The carrageenan segment dominates this market owing to its superior properties such as thickening power, emulsifying power and stabilization ability over other types of gums present in this market. The application segment of this market is divided into pharmaceuticals, nutraceuticals food cosmetics and others segments respectively . Pharmaceuticals held majority share in 2017 due high adoption rate by various drug manufacturers for encapsulation purpose . Geographically , North America accounted largest share followed by Europe in 2017 .
Product Definition:
A hard HPMC capsule is a capsule made from hydroxypropyl methylcellulose. It is used to enclose drugs or other substances for oral administration. The hard HPMC capsule has several advantages over other types of capsules, including resistance to humidity and moisture, as well as protection against gastric acid.
Carrageenan:
Carrageenan is a hydrocolloid, also known as Irish moss, obtained from certain red algae. It has been used traditionally to treat constipation and diarrhea. More recently it has gained popularity as a thickening agent in dietary supplements and functional food products such as soft gels.
Gellan Gum:
Gellan gum is a hydrophilic polysaccharide that has been the subject of extensive research in recent years. It is produced from certain types of algae, such as Gelidium and Aphanamone. Gellan gum can be used as an alternative to hydroxypropyl methyl cellulose (HPMC) in the manufacturing process for hard gelatin capsules.
The advantages associated with gellan gum include low viscosity, high surface area,.
Application Insights:
The global market is segmented by application into pharmaceutical, nutraceutical, cosmetics and others. The pharmaceutical application dominated the overall industry in terms of revenue as well as volume in 2017. This is attributed to the high demand for hard HPMC capsules from various end-use industries such as healthcare and cosmetic industries.
The growing use of HPMC capsules in manufacturing drugs & medicines owing to its properties such as biodegradability makes it a suitable option over other conventional plastics like polyethylene which was used previously for this purpose. Moreover, increasing R&D investments by companies for developing new applications specific to HPMC capsules are expected to drive growth over the forecast period.
Nutraceuticals were estimated among the top three applications globally with a share of 21% in terms of revenue.
Regional Analysis:
North America dominated the global market in 2017 owing to the high demand for nutritional supplements and pharmaceuticals. The region is expected to witness a CAGR of XX% over the forecast period, which can be attributed to rising consumer awareness regarding health and fitness along with increasing expenditure on healthcare by consumers in this region.
Asia Pacific is anticipated to witness significant growth during the forecast period due to an increase in per capita income, which will lead towards increased spending on healthcare products such as nutraceuticals and cosmeceuticals among others. In addition, growing population coupled with rising disposable income will drive product demand further over the coming years in this region as well as other regions including Latin America & MEA countries.
Europe accounted for more than 20% of revenue share in 2017 owing its large geriatric population base that requires long-term care solutions leading towards higher demand from end-use industries such as pharmaceutical.
Growth Factors:
- Increasing demand for Hard HPMC Capsules from the pharmaceutical and nutraceutical industries as a result of their benefits such as protection against moisture and oxygen ingress, better taste masking, and longer shelf life.
- Rising prevalence of chronic diseases such as cancer, diabetes, and heart disease that require prolonged treatment with capsules.
- Growing consumer awareness about the benefits of using Hard HPMC Capsules over other dosage forms such as tablets and powders.
- Technological advancements in capsule filling equipment that have made it easier to manufacture Hard HPMC Capsules in different sizes and shapes to meet customer needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard HPMC Capsule Market Research Report
By Type
Carrageenan, Gellan Gum, Pectin, Glycerin, Others
By Application
Pharmaceutical, Nutraceutical, Food, Cosmetics, Others
By Companies
ACG, Capsugel Belgium, HealthCaps, Sunil Healthcare, Natural Capsules, Catalent Pharma Solutions, Shionogi Qualicaps, Baotou Capstech
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hard HPMC Capsule Market Report Segments:
The global Hard HPMC Capsule market is segmented on the basis of:
Types
Carrageenan, Gellan Gum, Pectin, Glycerin, Others
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, Nutraceutical, Food, Cosmetics, 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:
- ACG
- Capsugel Belgium
- HealthCaps
- Sunil Healthcare
- Natural Capsules
- Catalent Pharma Solutions
- Shionogi Qualicaps
- Baotou Capstech
Highlights of The Hard HPMC 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:
- Carrageenan
- Gellan Gum
- Pectin
- Glycerin
- Others
- By Application:
- Pharmaceutical
- Nutraceutical
- Food
- Cosmetics
- 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 Hard HPMC 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.
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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 HPMC capsules are a type of medication that is used to treat high blood pressure. Hard HPMC capsules contain hydrochlorothiazide, which is a diuretic. This medication helps to reduce the amount of fluid that is in your blood and can help to lower your blood pressure.
Some of the major players in the hard hpmc capsule market are ACG, Capsugel Belgium, HealthCaps, Sunil Healthcare, Natural Capsules, Catalent Pharma Solutions, Shionogi Qualicaps, Baotou Capstech.
The hard hpmc capsule market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hard HPMC Capsule Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hard HPMC Capsule Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hard HPMC Capsule Market - Supply Chain
4.5. Global Hard HPMC Capsule Market Forecast
4.5.1. Hard HPMC Capsule Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hard HPMC Capsule Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hard HPMC Capsule Market Absolute $ Opportunity
5. Global Hard HPMC Capsule Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hard HPMC Capsule Market Size and Volume Forecast by Type
5.3.1. Carrageenan
5.3.2. Gellan Gum
5.3.3. Pectin
5.3.4. Glycerin
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hard HPMC Capsule Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hard HPMC Capsule Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Nutraceutical
6.3.3. Food
6.3.4. Cosmetics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hard HPMC Capsule Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hard HPMC Capsule Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hard HPMC Capsule Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hard HPMC Capsule Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hard HPMC Capsule Demand Share Forecast, 2019-2026
9. North America Hard HPMC Capsule Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hard HPMC Capsule Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hard HPMC Capsule Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Nutraceutical
9.4.3. Food
9.4.4. Cosmetics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hard HPMC Capsule Market Size and Volume Forecast by Type
9.7.1. Carrageenan
9.7.2. Gellan Gum
9.7.3. Pectin
9.7.4. Glycerin
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hard HPMC Capsule Demand Share Forecast, 2019-2026
10. Latin America Hard HPMC Capsule Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hard HPMC Capsule Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hard HPMC Capsule Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Nutraceutical
10.4.3. Food
10.4.4. Cosmetics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hard HPMC Capsule Market Size and Volume Forecast by Type
10.7.1. Carrageenan
10.7.2. Gellan Gum
10.7.3. Pectin
10.7.4. Glycerin
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hard HPMC Capsule Demand Share Forecast, 2019-2026
11. Europe Hard HPMC Capsule Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hard HPMC Capsule Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hard HPMC Capsule Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Nutraceutical
11.4.3. Food
11.4.4. Cosmetics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hard HPMC Capsule Market Size and Volume Forecast by Type
11.7.1. Carrageenan
11.7.2. Gellan Gum
11.7.3. Pectin
11.7.4. Glycerin
11.7.5. Others
11.8. Basis Point Share (BPS) Analysisby Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hard HPMC Capsule Demand Share, 2019-2026
12. Asia Pacific Hard HPMC Capsule Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hard HPMC Capsule Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hard HPMC Capsule Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Nutraceutical
12.4.3. Food
12.4.4. Cosmetics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hard HPMC Capsule Market Size and Volume Forecast by Type
12.7.1. Carrageenan
12.7.2. Gellan Gum
12.7.3. Pectin
12.7.4. Glycerin
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hard HPMC Capsule Demand Share, 2019-2026
13. Middle East & Africa Hard HPMC Capsule Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hard HPMC Capsule Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hard HPMC Capsule Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Nutraceutical
13.4.3. Food
13.4.4. Cosmetics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hard HPMC Capsule Market Size and Volume Forecast by Type
13.7.1. Carrageenan
13.7.2. Gellan Gum
13.7.3. Pectin
13.7.4. Glycerin
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hard HPMC Capsule Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hard HPMC Capsule Market: Market Share Analysis
14.2. Hard HPMC Capsule Distributors and Customers
14.3. Hard HPMC Capsule Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ACG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Capsugel Belgium
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HealthCaps
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sunil Healthcare
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Natural Capsules
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Catalent Pharma Solutions
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shionogi Qualicaps
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baotou Capstech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook