Empty capsules are oral dosage forms which come in a variety of sizes and colours. Capsules can deliver solid as well as non-aqueous liquids and semisolid doses. The global empty capsules market is valued at $1.89 Billion in 2019 and is estimated to grow with a CAGR of 7.7% to reach $2.84 Billion by 2025. The market is primarily driven by the factors such as the growing geriatric population, increasing pharmaceutical applications, rising incidences of chronic diseases and disorders, and increasing demand for home care. Despite these drivers, the major restraints hampering the market growth are the low availability of raw materials and stringent regulatory frameworks for Gelatin manufacturers. Market development in emerging countries and growing demand for HPMC based capsules are offering opportunities to invest in the empty capsules market growth.
Research Study Objectives:
- Define, estimate, and forecast the Empty Capsules market statistics by stage, product, therapeutic application, end user, and regions concerning the individual growth drivers, market trends and their contribution toward the Empty Capsules market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Empty Capsules Market Analysis
- Analysis and conclusions on the future Empty Capsules market outlook.
Top-down and bottom-up approaches are used to validate the Empty Capsules Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg
Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Empty Capsules Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Empty Capsules market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Empty Capsules market segmentation is as follows:
By Product
- Gelatin Capsules
- Non-Gelatin Capsules
By Therapeutic Application
- Antibiotic and Antibacterial Drugs
- Vitamins and Dietary Supplements
- Antacid and Antiflatulent Preparations
- Antianemic Preparations (Hematinic Preparations)
- Anti-Inflammatory Drugs
- Cardiovascular Therapy Drugs
- Cough and Cold Preparations
- Other Therapeutic Applications
By End User
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetics Industry
- Research Laboratories
Geographical Analysis:
Empty Capsules Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand,
Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Empty Capsules Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Empty Capsules Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Empty Capsules market players, such as
- Capsugel, Inc.
- Suheung Co Ltd.
- ACG Worldwide
- Bright Pharmacaps Inc.
- Capscanada Corporation
- Along with these companies, many other companies are considered in the report while analysing the Global Empty Capsules market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.