The global gelatin type hard capsules market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the versatility and functional capabilities of gelatin along with the increasing number of chronic illnesses such as CVD, cancer, and many others are expected to fuel the growth of the market during the forecast period.
The gelatin used for the coatings of the capsule offers various benefits which include gelling, adhesion, coating, binding, and film-building, all of these properties are unique to gelatin which is advantageous for the pharmaceutical industry. Gelatin coating on the hard capsules not only masks the odour of the medicine, however, also facilitates the easy swallowing of the capsules. Gelatin is used widely today for coating as it also offers protection from environmental changes which happens when the chemicals present in the capsule reacts with the oxygen or moisture present in the environment. By using gelatin-coating this can be avoided, further increasing the shelf-life of that product. These unique advantages are expected to fuel the growth of the market during the forecast period.
There has been steady growth in the soft gel gelatin capsules due to the advantages of it being in patient-friendly dosage forms which are further used for rapid and slow release that will further increase its demand in the forecast period. In October 2019, Gelita AG opened a modern gelatin production facility in Pingyang, China. Some of the key global players in the gelatin type hard capsules market include Darling Ingredients Inc., Nitta Gelatin Inc, Tessenderlo Group, Gelita AG, Weishardt, Trobas Gelatine B.V., and many others.
Market Coverage
o By Source
o By Application
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Gelatin Type Hard Capsules Market by Segments
o Porcine
o Bovine Source
o Fish Source
o Other
o Pharmaceutical
o Nutraceutical
Global Gelatin Type Hard Capsules Market by Regions
North America
Europe
Asia-Pacific
Rest of the World
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