“Global Empty Capsules Market set to grow to $2.8bn by 2025” says new Visiongain report
23 January 2020
Visiongain has launched a new pharma report Global Empty Capsules Market Report: Gelatin Capsules, Non-gelatin Capsules, Pig Skin Gelatin, Bovine Derived Gelatin, Bone Meal Gelatin, Hydroxypropyl Methyl Cellulose (HPMC), Pullulan, Starch Material, Antibiotic & Antibacterial Drugs, Vitamins & Dietary Supplements, Cough & Cold Preparations, Anti-inflammatory Drugs, Cardiovascular Drugs, Antacid & Antiflatulent Drugs, Antianemic Drugs, Pharmaceutical Industry, Neutraceutical Industry, Cosmetics Industry, Clinical Research Laboratories.
The empty capsules market is a highly competitive and diverse market with immense potential for growth. The growth drivers of this market are ageing population, increasing applications in the pharmaceutical and nutraceutical industries, increasing demand for non-gelatin/HPMC capsules in nutraceutical industry, and market development in emerging countries due to low manufacturing advantage.
The lead analyst of the report commented "The non-gelatin capsules segment is estimated to grow at the highest CAGR during the forecast period. Strict government regulations, dietary sensitivity of patients, and drug incompatibilities with gelatin capsules are the major factors driving the growth of the non-gelatin capsules segment. the growing demand for non-gelatin-based capsules and the rapidly expanding pharmaceutical industry in emerging countries such as India and China offer significant growth opportunities for players in this market."
Leading companies featured in the report include ACG Worldwide, Bright Pharmacaps Inc., CapsCanada Corporation, Capsugel (Lonza), Healthcaps India Ltd., Medicaps Ltd., Natural Capsules Limited and other companies.
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