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Empty Capsules Market - Development Endeavours & Business Opportunities
The global empty capsules market is projected to reach USD 3.7 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 7.2% during the forecast period.
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The overall growth of the empty capsules market is largely driven by the growing adoption of capsule formulations among the growing geriatric population, the growth of the pharmaceutical market, increasing R&D activities & clinical trial studies, and advancements in capsule delivery technologies.
Global Empty Capsules Market Scope:
Metrics Details
Study Period 2021–2026
Market Size in 2026 USD 3.7 Billion
Segment Covered Type, Access, Procedure and Region
by type Covered Gelatin (Porcine, Bovine
By Application Covered Antibiotics, Dietary Supplements, Anti- Inflammatory
By End user Covered Pharma, Nutraceuticals
Regions Covered North America, Europe, Asia Pacific, Middle East and Africa, and South America
Key Players Profiled Capsugel (US), ACG ...
... Worldwide (India), Qualicaps (US), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd (China), Healthcaps India Ltd. (India)
Capsugel the leading player in the empty capsules market in 2020. The company is largely known for its diversified product offerings for the pharmaceutical and nutraceutical industry. Capsugel offers a comprehensive portfolio of empty capsules, ranging from gelatin, vegetarian, filled hard, functional, inhalation, HPMC, gelatin, alternate polymer, specialized clinical, and enteric capsules.
ACG the second-largest market player in the empty capsules market. This is mainly attributed to its exhaustive portfolio of gelatin and HPMC capsules, along with the company’s capsule customization services. ACG ACPL majorly serves the global dietary supplement and pharmaceutical industry, commanding more than 80% of Asia’s pharmaceutical prescription market.
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Recent Developments
• In 2021, Nutra’V TiO2 launched a new range of TiO2-free capsules. Available both in gelatin and HPMC and with excellent machinability, this range of capsules offers the best encapsulation solution for ingredient masking.
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