Empty capsules refer to inert pharmaceutical casings used to provide measured doses of preparations that are difficult to swallow or absorb. They are made up of either gelatin or non-animal polymers and are available in various sizes and shapes. Empty capsules find widespread usage for encapsulating nutritional supplements, herbal extracts, and pharmaceutical drugs, as they ensure accurate dosing and easier administration compared to tablets. The global empty capsules market is driven by the rising geriatric population, increasing demand for dietary supplements and nutraceuticals, growing pharmaceutical industry, and the ability of capsules to encapsulate a wide range of active ingredients including solids, liquids, and semi-solids.
The Global Empty Capsules Market is estimated to be valued at US$ 3.21 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Empty Capsules are ACG Worldwide, Capsugel, Qualicaps Inc., Bright Pharma Caps Inc., Sunil Healthcare Ltd., CapsCanada Corporation, Roxlor LLC, Snail Pharma Industry Co. Ltd., Suheung Co. Ltd., Medi-Caps Ltd., Qingdao Yiqing Medicinal Capsules Co., Ltd., Shanxi Guangsheng Medicinal Capsules Co., Ltd., Nectar Lifesciences Ltd., Kerry Inc., JC Biological Technology Co. Ltd. The empty capsules market provides ample opportunities for manufacturers owing to rising demand for vegetarian capsules, increasing RD activities for developing innovative capsule sizes and shapes. Technological advancements include development of innovative capsule delivery technologies like dual release, sustained release, and instant release capsules for improving drug bioavailability and patient compliance.
Market Drivers
A key driver for the Empty Capsules Market Demand is the increased uptake of capsules in pharmaceutical drug delivery owing to advantages like accurate dosing, ease of administration, and ability to incorporate a wide range of active ingredients. Growing preference for capsules over conventional tablets due to high risk of swallowing difficulties among geriatric population and kids further accelerates the adoption of empty capsules.
Get More Insights on- Empty Capsules Market
For Deeper Insights, Find the Report in the Language that You want:
