The global Empty Capsules Market size was valued to USD 2.20 billion in 2019, and is predicted to garner USD 4.90 billion by 2030, witnessing a CAGR of 7.50% from 2020-2030. Capsules are encapsulated medicines with administered dosage embedded into relatively stable shells, that can be consumed orally or as suppositories. Empty capsules are of two types, gelatin-based and nongelatin-based. The drug to be embedded into the capsule shell matrix may be in powdered form, liquid form, granule form or in solubilized, suspended or chemically bound form. Intake of these capsules can be prescribed or non-prescribed medications. The drugs used by an individual in a lifetime increases almost linearly with age. In addition, these capsules are been highly preferred by people due to the ease of consumption and their availability at medical stores. Market Segmentations and Scope of the Study: The empty capsules market share has been analyzed based on product, raw material, therapeutic application, end user, and geography. Based on type of product, the empty capsules market is segmented into gelatin capsule and non-gelatin capsule. Based on raw material, the empty capsules market covers pig meat, bovine meat, bone, HPMC, and other. Based on therapeutic application, the empty capsules market is classified into antibiotic & antibacterial drug, vitamin & dietary supplement, antacids & anti-flatulent preparation, cardiac therapy drug, and other. Based on end user, the empty capsules market is divided into pharmaceutical, nutraceutical, and other. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW. Request for sample report: https://www.nextmsc.com/Empty-Capsules-Market/request-sample Geographical Analysis North America is anticipated to hold the highest empty capsules market share during the forecast period owing to preference for capsule-based nutraceutical formulations, health-focused trends, high consumer awareness, and technological advancements. It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size in the global empty capsules market, owing to growth of pharmaceutical industries, increasing government initiatives to improve healthcare infrastructures, changing trend towards fitness-oriented lifestyles, and rising geriatric population. Inquire before buying: https://www.nextmsc.com/Empty-Capsules-Market/inquire-before-buying Competitive Landscape
Comprehensive competitive analysis and profiles of the major market players such as CapsCanada Corporation, Lonza Group Ltd., Medi-Caps Ltd., Snail Pharma Industry Co. Ltd, Suheung Co., Ltd, ACG Worldwide, Mitsubishi Chemical Holdings Corporation, Roxlor LLC, Sunil Healthcare Ltd., Bright Pharma Caps Inc., and others are provided in the empty capsules market report. An upsurge in R&D activities and advancement in product technologies along with new product launches by the key players, is leading the healthcare infrastructure to new heights, thereby creating lucrative opportunities in the global empty capsules market. For instance, in August 2019, ACG Capsules a part of ACG Group, one of the major players of empty capsules market, introduced its new-line of clean-label, robust and inert HPMC capsules namely ‘ACGcaps H+’, to meet a wide variety of nutraceutical and pharmaceutical requirements. ACGcaps H+ capsules are formulated without the use of gelatin, animal by-products, wheat, gluten, starch, or any other gelling agent, and are compatible for hygroscopic and moisture-sensitive formulations. It proves to be the best consumer option for vegetarian and clean-label capsules. The ACGcap H+ capsules are suitable for filling powders, granules, pellets for both prescribed and non-prescribed pharmaceutical ingredients, traditional medicines, nutraceutical dietary supplements and other such formulations. About Us: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We carefully analyse the historical data, augment it by constantly keeping an eye on the latest industry trends and estimate the future events to arrive at accurate market forecasts. For more insights, please visit: https://www.nextmsc.com
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