Report ID : 1233 | Published : 2024-10-18 | Pages: 185 | Format: PDF/EXCEL/Power BI Dashbord
The Advanced Empty Capsule Market Size is valued at USD 1.74 Billion in 2023 and is predicted to reach USD 3.81 Billion by the year 2031 at a 10.38 % CAGR during the forecast period for 2024-2031. Empty Gelatin Capsules Size 3
Advanced Empty Capsules are used to deliver various kinds of drugs without altering their formulation. These capsules are designed so that they do not interfere with any drug formulation and ensure proper drug delivery. Growing incidence of chronic diseases and increasing geriatric population are prominent factors that drive the Advanced Empty Capsule market growth during the forecast period. Moreover, increasing research and development activity in the healthcare sector to advance therapeutics will also provide new opportunities for Advanced Empty Capsule market players worldwide. Rising demand for nutraceuticals is also anticipated to favour Advanced Empty Capsule market growth through 2031.
However, the limited availability of raw materials to manufacture empty capsules is expected to have a restraining effect on the global Advanced Empty Capsule market in the years to come. Social stigma around animal-derived raw materials is also likely to have a restraining effect on the Advanced Empty Capsule market potential over the forecast period. The COVID-19 pandemic also had an adverse impact on the Advanced Empty Capsule market growth trend, but the market is expected to make a good recovery in the post-pandemic world.
The Advanced Empty Capsule market is segmented on the basis of product, raw materal, capsule size, end-user. Based on product, the market is segmented as Oral Capsules (Dry Formulations (Immediate-Release Capsules (Gelatin, HPMC, Starch, Pullulan), Delayed-Release Capsules (Time Delayed-Release Capsules (Gelatin, HPMC), Acid-Resistant Capsules (Gelatin, HPMC, HPMCP), Enteric Capsules (Gelatin, HPMC, HPMC-AS), Liquid formulation (Gelatin, HPMC, Starch, Pullulan)), Inhalation Capsules (Gelatin, HPMC, Starch, Pullulan). By raw materials, the market is segmented into Animal Source (Contract Type-A (Pork SkinT), ype-B Gelatin (Animal Bones & Calf Skin), Fish Bone Gelatin), Vegetarian-based (Hydroxy Propyl Methyl Cellulose (HPMC), Starch, Pullulan). By capsule size, the market is segmented into Size "000" Capsules, Size "00" Capsules, Size "0" Capsules, Size "1" Capsules, Size "2" Capsules, Size "3" Capsules, Size "4" Capsules, Size "5" Capsules. By end users, the market is segmented into Pharmaceutical, Nutraceutical & Cosmetic, CROs, and CMOS.
The vegetarian-based raw material segment is anticipated to hold a dominant outlook over the forecast period owing to the rising focus on cruelty-free products across the world. Increasing preference for organic and plant-based products among the general population will also strengthen demand in this segment. However, the animal-derived segment is also expected to account for a substantial market share over the coming years.
The pharmaceutical industry is augmenting rapidly across the world, and this trend is fueling the demand for pharmaceuticals. The increasing need for new drug delivery systems is expected to boost the use of Advanced Empty Capsule in the pharmaceutical sector over the forecast period. Increasing drug launches and the rising prevalence of chronic diseases will further bolster the growth of this industry over the forecast period.
The North America Advanced Empty Capsule market is expected to account for a significant market share and is anticipated to gain a dominant stance across the forecast period. The presence of key pharmaceutical companies, rising research and development activity, increasing demand for drugs, and supportive government initiatives are expected to prominently drive growth in this region through 2031. The United States is anticipated to be the most prominent market in this region due to the rising prevalence of chronic diseases and a growing geriatric population. Increasing focus on healthcare and rising investments in healthcare research will further bolster Advanced Empty Capsule regional market growth.
Representation of revenue in US$ Billion and CAGR from 2024 to 2031
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
By Product, By Raw Material, By Capsule Size, By End-User
North America; Europe; Asia Pacific; Latin America; Middle East & Africa
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia
ACG Worldwide, Capsugel (Lonza Group Ltd.), Medi-Caps Ltd., Sunil Healthcare Ltd., Roxlor LLC, Snail Pharma Industry Co. Ltd., CapsCanada Corporation, Suheung Co., Ltd., Bright Pharma Caps Inc., Fuji Capsule Co., Ltd., Comed Chemicals, Erawat Pharma Limited, Evonik, Farmacapsulas, Fortcaps Healthcare, Health Caps India, LFA Machines Oxford, Mitsubishi Chemical Holdings Corporation, Natural Capsules, Nectar Lifesciences, Qingdao Yiqing Medicinal Capsules, Saviour Caps, Shanxi Guangsheng Medicinal Capsule, Shaoxing Kangke Capsule, Shaoxing Zhongya Capsule, Shree Pharma Caps, Suheung, Sunil Healthcare, Zhejiang Yuexi Capsule, and Other Prominent Players.
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Chapter 3. Global Advanced Empty Capsule Market Snapshot
Chapter 4. Global Advanced Empty Capsule Market Variables, Trends & Scope
4.5. Industry Analysis – Porter’s Five Forces Analysis
4.6. Competitive Landscape & Market Share Analysis
Chapter 5. Market Segmentation 1: By Products, Estimates & Trend Analysis
5.1. By Products, & Market Share, 2019 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Products:
5.2.1.1.2.1. Time Delayed-Release Capsules
5.2.1.1.2.1.1. Gelatin
5.2.1.1.2.1.2. HPMC
5.2.1.1.2.2.1. Gelatin
5.2.1.1.2.2.2. HPMC
5.2.1.1.2.2.3. HPMCP
5.2.1.1.2.3. Enteric Capsules
5.2.1.1.2.3.1. Gelatin
5.2.1.1.2.3.2. HPMC
5.2.1.1.2.3.3. HPMC-AS
Chapter 6. Market Segmentation 2: By Raw Materials Estimates & Trend Analysis
6.1. By Raw Materials & Market Share, 2019 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Raw Materials:
6.2.1.1. Contract Type-A (Pork Skin
6.2.1.2. Type-B Gelatin (Animal Bones & Calf Skin)
6.2.2.1. Hydroxy Propyl Methyl Cellulose (HPMC)
Chapter 7. Market Segmentation 3: By Capsule Size Estimates & Trend Analysis
7.1. By Capsule Size & Market Share, 2019 & 2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Capsule Size:
Chapter 8. Market Segmentation 4: By End-Users Estimates & Trend Analysis
8.1. By End-Users & Market Share, 2019 & 2031
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End-Users:
Chapter 9. Advanced Empty Capsule Market Segmentation 5: Regional Estimates & Trend Analysis
9.1.1. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Products, 2019-2031
9.1.2. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Raw Materials, 2019-2031
9.1.3. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Capsule Size, 2019-2031
9.1.4. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2019-2031
9.1.5. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by country, 2019-2031
9.2.1. Europe Advanced Empty Capsule Market revenue (US$ Million) By Products, 2019-2031
9.2.2. Europe Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2019-2031
9.2.3. Europe Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, 2019-2031
9.2.4. Europe Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2019-2031
9.2.5. Europe Advanced Empty Capsule Market revenue (US$ Million) by country, 2019-2031
9.3.1. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Products, 2019-2031
9.3.2. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2019-2031
9.3.3. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, 2019-2031
9.3.4. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2019-2031
9.3.5. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) by country, 2019-2031
9.4.1. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Products, 2019-2031
9.4.2. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2019-2031
9.4.3. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, 2019-2031
9.4.4. Latin America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2019-2031
9.4.5. Latin America Advanced Empty Capsule Market revenue (US$ Million) by country, 2019-2031
9.5.1. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Products, 2019-2031
9.5.2. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2019-2031
9.5.3. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size,2019-2031
9.5.4. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2019-2031
9.5.5. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) by country, (US$ Million) 2019-2031
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2.6. Snail Pharma Industry Co. Ltd.
Segmentation of Advanced Empty Capsule Market-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
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The Advanced Empty Capsule Market Size is valued at USD 1.74 Billion in 2023 and is predicted to reach USD 3.81 Billion by the year 2031
The Advanced Empty Capsule Market is expected to grow at a 10.38 % CAGR during the forecast period for 2024-2031.
ACG Worldwide, Capsugel (Lonza Group Ltd.), Medi-Caps Ltd., Sunil Healthcare Ltd., Roxlor LLC, Snail Pharma Industry Co. Ltd., Others
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