The global Empty Capsules Market Growth Accelerated by Increased Uptake of Capsule-based Drugs


 Empty capsules are used for encapsulation of pharmaceutical products such as powder, pellets, granules and liquids. Empty capsules provide benefits such as ease of manufacturing and swallowing for pharmaceutical drugs. They aid in controlled-release and targeted delivery of drugs in the gastrointestinal tract.

The global Empty Capsules Market is estimated to be valued at US$ 2.3 Bn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increased uptake of capsule-based drugs has accelerated growth of the empty capsules market over the recent years. Capsule-based formulations are gaining widespread acceptance owing to benefits such as ease of administration and precise dosing. Growing preference for capsule drug delivery over conventional tablet delivery has prompted pharmaceutical manufacturers to invest in development of novel capsule-based formulations. This has significantly boosted demand for empty capsules from drug developers. With ongoing technology advancements, the market is witnessing introduction of innovative capsule shell types that support improved drug loading and targeted release. This is further expanding scope of application of empty capsules in the pharmaceutical industry.


Segment Analysis
The global empty capsules market is dominated by gelatin capsules segment. Gelatin capsules account for over 80% share of the market owing to their widespread acceptance and availability in different sizes and shapes. Gelatin capsules are preferred for their sealing and accommodating properties. The non-gelatin capsules segment is expected to witness faster growth during the forecast period due to the rising demand for vegetarian capsules from health conscious consumers and increasing supply of plant-based capsules.

Key Takeaways
The global empty capsules market is expected to witness high growth at a CAGR of over 7% during the forecast period of 2023 to 2030. The market is projected to reach a value of over US$ 3 billion by 2030 from US$ 2.3 billion in 2024.

Regional analysis
Asia Pacific region dominates the global empty capsules market and is expected to continue its dominance during the forecast period. The region accounts for around 40% share of the global market owing to rising pharmaceutical production and consumption in countries such as India, China, Japan and South Korea. North America is expected to witness fastest growth during the forecast period supported by well-established pharmaceutical industry and gradual shift towards vegetarian products.

Key players
Key players operating in the empty capsules market 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., and Medi-Caps Ltd. The industry is dominated by players who offer complete range of capsule sizes to meet diverse requirements of pharmaceutical and nutraceutical companies.

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