BRANDESSENCE MARKET RESEARCH released on April 28, 2021
In its latest report on the hollow capsule market, a brief analysis of recent market trends is carried out. The report also includes statistics, market forecasts and revenue estimates, in addition to highlighting its position in the competitive field and the expansion trends adopted by major industry players.
Brandessence Market Research released a new report title, according to the research, “The global empty capsule market is valued at US$2.2569 billion in 2020 and is expected to reach US$3.7078 billion by 2027, with a compound annual growth rate of 7.35% during the forecast period.”
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Empty capsules consist of gelatin (hard or fragile) and a non-gelatin shell, usually obtained by hydrolysis of collagen, such as alkaline, acid, thermal hydrolysis or enzymatically derived from animal sources or cellulose. Empty capsules can be stored in different forms, such as powders, herbal medicines or specific dosage forms of medicines.
These capsules are very popular because of their high absorption rate. Empty capsules come in different flavors and different colors. Capsules are the most favored strong measurement structure because they have many advantages such as better satisfaction and faster absorption rate, which represents the greatest demand for these empty capsules in the pharmaceutical industry, which are used to treat many chronic and irresistible Infection. Empty capsules are mostly a kind of easy-to-identify packaging structure, and the materials are cheap. Where do their achievements in making plant combinations in medical clinics, pharmacies, and even private individuals come from?
The Covid-19 pandemic has had a positive impact on the growth of the global empty capsule market, as people around the world have an increasing demand for vitamin supplements to improve immunity. During the Covid-19 pandemic, vitamins and other herbs occupy the central platform, so the demand for empty capsules is rapidly increasing. Empty capsules are valuable in masking the taste of cardiovascular drugs. This factor will have a positive impact on the empty capsule market. Therefore, the growth of the empty capsule market after the pandemic will increase.
The global empty capsule market is segmented on the basis of products, raw materials, therapeutic applications, end users, and regional and national levels. According to the product, the empty capsule market is divided into gelatin capsules, soft gelatin capsules (SGC), hard gelatin capsules (HGC) and non-gelatin capsules. According to the raw materials, the market is divided into pork, beef, HPMC, bones, etc. According to the therapeutic application, the market is divided into vitamins and dietary supplements, antibiotics and antibacterial drugs, antacids and antiflatulence preparations, and cardiac therapy drugs. According to end users, the empty capsule market is divided into pharmaceutical companies, cosmetics companies, and health care products companies.
Global hollow capsule market segmentation:
The regions covered by this global empty capsule market report are North America, Europe, Asia Pacific and the rest of the world. According to the national level, the empty capsule market is subdivided into the United States, Mexico, Canada, the United Kingdom, France, Germany, Italy, China, Japan, India, Southeast Asia, the Middle East (UAE, Saudi Arabia, Egypt)) Gulf Cooperation Council, Africa, etc.
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Some of the major players in the global empty capsule market report cover outstanding players
CapsCanada launches liquid-filled hard capsule manufacturing service in North America
October 10, 2021; CapsCanada announced the launch of a new liquid-filled hard capsule manufacturing service. CapsCanada has idealized the technology used to create and assemble liquid-filled hard capsules (LFHC). Through this innovation, fluids, glues, suspensions, semi-solids and waxy substances can be filled into gelatin or HPMC vegetarian two-piece capsules. CapsCanada's goal is to help the entire manufacturing process, from formulation and advancement to full-scale production. In providing this service, CapsCanada cooperates with one of Canada's leading manufacturers of traditional and brand-name drugs. The creation will be done in the Office of Commitment approved by Health Canada, which has a complete insight laboratory that allows controlled drugs and substances, including narcotics.
Advances in capsule delivery technology, the prevalence of dietary supplements, the prevalence of the elderly population and related chronic diseases are some of the main factors driving market growth
The main factor driving the growth of the global empty capsule market is the advancement of capsule delivery technology. Technological innovation has provided the empty capsule industry with a continuously evolving range of useful capsule formulations available to patients. In recent years, capsule delivery has seen various technical adaptations in terms of project progress to obtain better quality results and patient comfort. These combine improvements in capsule shells, capsule sealing technology, filling materials and capsule systems to achieve changes in drug release and encapsulation of various materials. Another key innovation is the innovative development of capsules in capsules to ensure the active ingredients in the stomach. This allows for the use of insignificant recipients for planning, improved upper gastrointestinal safety, separate pharmacokinetic implementation, and improved project advancement.
In addition, the increasing popularity of dietary supplements has also contributed to the growth of the market. The increasing popularity of dietary supplements to boost immunity is attributed to the growth of the empty capsule market. In the United States, 170 million people take dietary supplements such as vitamin C, vitamin D, multivitamins, and vitamin B/B complexes that are effective supplements. In addition, the rising prevalence of the elderly population and related chronic diseases has also supplemented the growth of the global empty capsule market. The elderly population in the development of the world is interested in different treatment drugs and dietary improvements to achieve better health results. According to the United Nations' World Population Outlook: By 2050, one in six people on the planet will be over 65 years old, which is higher than one in every 11 people in 2019.
However, rising raw material prices and the incompatibility of different other materials such as liquids and gels with capsules made of gelatin may hinder market growth. Nevertheless, the rapid progress of capsule delivery innovation and ongoing research on the development of empty capsules with the support of government organizations may provide more opportunities for the further growth of the empty capsule market.
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North America is expected to dominate the global empty capsule market
Due to changes in lifestyle in the region leading to an increase in the prevalence of cardiovascular diseases, North America is expected to dominate the global empty capsule market. According to a 2018 study by the American Heart Association, cardiovascular disease was recorded as the root cause of death, with approximately 836,546 deaths in the United States. This accounts for almost one-third of the death toll in the country. In addition, the adoption of the latest technology and the development of innovative products have promoted market growth in the region. For example; in July 2018, Lonza's Capsule Delivery Solutions sent CapsugelVcaps Gen C capsules under the carrageenan gelling agent program, thereby expanding Lonza's Capsugel hydroxypropyl methylcellulose (HPMC) product portfolio.
Due to the growing population and awareness of the region, the Asia-Pacific region is the fastest growing region for the empty capsule market. Growing applications in pharmaceutical and healthcare companies are also supplementing market growth. For example, Lonza is a global integrated solution provider in the fields of pharmaceuticals, consumer health and nutrition. Lonza India is a subsidiary headquartered in Switzerland. Lonza dispatched its new dry powder inhalation breathing container combination Capsugel Zephyr in 2019 to provide customized answers for ideal pulmonary drug delivery. According to the news released on January 16, 2020, Lonza India has set a goal of doubling its turnover, which is expected to increase by more than 14% by 2024. In addition, the increasing demand for better diagnostic equipment, rapidly improving technologies, and better and safer treatments may drive market growth in the region.
The main benefits of the global empty capsule market report –
Analysis by region and country: (North America, United States, Canada, Europe, United Kingdom, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, Gulf Cooperation Council, Africa , The rest of the Middle East and Africa)
1. Chapter-Reporting Method 1.1. Research process 1.2. Primary research 1.3. Second study 1.4. The market size is estimated at 1.5. Data triangulation 1.6. Forecast model 1.7. USP report 1.8. Report description
Chapter 2.-Global Hollow Capsule Market Overview: Qualitative Analysis 2.1. Market introduction 2.2. Executive Summary 2.3. Global Empty Capsule Market Classification 2.4. Market drivers 2.5. Market restrictions 2.6. Market opportunity 2.7. Empty capsule market: Trend 2.8. Porter's Five Forces Analysis 2.9. Market attractiveness analysis
3. Chapter – Overview of the Global Hollow Capsule Market: Quantitative Analysis
4. Chapter – Global Hollow Capsule Market Analysis: Segmentation by Type
5. Chapter-Global Hollow Capsule Market Analysis: Segmented by Application
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