The global empty gelatin capsule market is anticipated to grow at a significant CAGR around 8.1% during the forecast period (2022-2028). The gelatin capsules segment dominated the empty capsules market in 2020, and this trend is expected to continue during the forecast period, owing to advancements in R&D activities in the healthcare sector and advantages of gelatin capsules as compared to other drugs delivery forms. There are various advantages of gelatin capsules such as thermo-reversibility & tableting, non-allergenic, viscoelasticity, and biocompatibility. The key factors that boost the growth of the global empty capsules market include growth in popularity of capsules over other drug delivery forms and an increase in strategic collaborations between empty capsule suppliers and gelatin manufacturers. Also, the growing geriatric population worldwide increases the demand for various therapy drugs and dietary supplements, for better health outcomes.
For instance, in March 2021, ACG Group a leading supplier of fully integrated solutions to the global pharmaceutical and nutraceutical announced its new ACG caps NTone and ACGcaps TSafe of capsules for the nutraceutical market. ACGcaps TSafe is a range of capsules that are free of titanium dioxide and are available in different options for gelatin and HPMC range. With the help of research and development new drug delivery systems drive growth in the long term. Reducing the manufacturing cost is also a major concern for the pharmaceutical industry, which will potentially give a boost to the market. For instance, in 2020, Lonza Group Ltd launched Coni-Snap hard gelatin, sprinkle capsules specifically designed to meet the needs of a rapidly growing population that have difficulty swallowing.
Market Coverage
• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product type
o By End-user
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Land- Qualicaps Europe, CapsCanada, and Dr. Reddy’s Laboratories Ltd, ACG Group, Lonza Group Ltd, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impact the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global empty gelatin capsule market
By Product Type
• Soft Gelatin
• Hard Gelatin
By End Users
• Pharmaceutical Industry
• Food industry
• Nutraceutical industry
• Cosmetics industry
Global empty gelatin capsule market
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa