Global Starch Capsule Market Analysis 2019-2028
Starch capsules are a type of capsule which are usually made from starch obtained from plant as well as animal sources. The starch capsules are considered as an ideal alternative for hard gelatin capsule, which in turn has created a surge in their demand in the pharmaceutical and nutraceutical sector, thus contributing to the market growth. The global starch capsule market is anticipated to achieve a CAGR of 10.64% during the forecast period, i.e. 2021-2028. Factors such as the increasing healthcare expenditure in various countries across the world, increasing use of starch capsules in the pharmaceutical as well as nutraceutical sector, along with the fact that the capsule that are made with starch possess higher burst strength and elasticity are anticipated to promote towards the growth of the global starch capsules market. Additionally, factors such as increasing advancements in the healthcare industry, backed by the increasing spending by the government of nations globally, are anticipated to drive the growth of the global starch capsule market.
The global starch capsule market consists of various segments that are segmented by application, end user and by region. Pharmaceutical companies across the world are the key end users of the starch capsules. The pharmaceutical sector holds the largest share of the market in terms of end-user. The pharmaceutical companies across the world are entering into strategic collaborations with the starch capsule manufacturers in order to expand their business as well as for import and export of their products across the world.
Based on region, the global starch capsule market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America and Europe are presently holding a stable market owing to the rising consumer awareness, better healthcare resources and favorable government policies.
The global starch capsule market is driven by several affluent industry leaders, including players such as Lonza. On the other hand, numerous manufacturers in the pharmaceutical industry which manufacture different types of capsules, are increasingly investing on to develop and adapt new technologies for expanding their existing product portfolio.
Starch capsules are a type of capsule which are usually made from starch obtained from plant as well as animal sources. The starch capsules are considered as an ideal alternative for hard gelatin capsule, which in turn has created a surge in their demand in the pharmaceutical and nutraceutical sector, thus contributing to the market growth. The global starch capsule market is anticipated to achieve a CAGR of 10.64% during the forecast period, i.e. 2021-2028. Factors such as the increasing healthcare expenditure in various countries across the world, increasing use of starch capsules in the pharmaceutical as well as nutraceutical sector, along with the fact that the capsule that are made with starch possess higher burst strength and elasticity are anticipated to promote towards the growth of the global starch capsules market. Additionally, factors such as increasing advancements in the healthcare industry, backed by the increasing spending by the government of nations globally, are anticipated to drive the growth of the global starch capsule market.
The global starch capsule market consists of various segments that are segmented by application, end user and by region. Pharmaceutical companies across the world are the key end users of the starch capsules. The pharmaceutical sector holds the largest share of the market in terms of end-user. The pharmaceutical companies across the world are entering into strategic collaborations with the starch capsule manufacturers in order to expand their business as well as for import and export of their products across the world.
Based on region, the global starch capsule market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America and Europe are presently holding a stable market owing to the rising consumer awareness, better healthcare resources and favorable government policies.
The global starch capsule market is driven by several affluent industry leaders, including players such as Lonza. On the other hand, numerous manufacturers in the pharmaceutical industry which manufacture different types of capsules, are increasingly investing on to develop and adapt new technologies for expanding their existing product portfolio.
Table of Contents
Global Starch Capsule MarketPart 1 Introduction
- Definition
- Assumptions & Abbreviations
Part 2 Global Market Outlook
Part 3 Market Dynamics
Part 4 Impact of Covid-19 on the Global Market
Part 5 Company Profile
Companies Mentioned
- Lonza
