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Empty Capsules Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031

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    Report

  • 112 Pages
  • November 2023
  • Region: Global
  • Acute Market Reports
  • ID: 5908528
Description Jump to:
Empty capsules, commonly known as gelatin or vegetarian capsules, are widely used in the pharmaceutical and nutraceutical industries to encapsulate various drugs, vitamins, and dietary supplements. The empty capsules market is expected to grow at a CAGR of 8.1% during the forecast period of 2023 to 2031, driven by pharmaceutical advancements, the prevalence of nutraceuticals, and the shift towards vegetarian and halal capsules. However, stringent regulatory compliance poses a significant challenge for manufacturers. As the market evolves, natural and vegetarian capsules are expected to gain prominence, offering a broader range of options to consumers. Additionally, sustained-release capsules are anticipated to witness increased demand due to their benefits in drug delivery. Geographically, Asia-Pacific is projected to exhibit the highest growth rate, driven by the expansion of the pharmaceutical and nutraceutical sectors.

Pharmaceutical Advancements

The pharmaceutical industry's constant drive for innovation and drug development serves as a significant driver for the empty capsules market. Pharmaceutical companies use empty capsules for the encapsulation of both prescription and over-the-counter drugs. The demand for empty capsules is poised to grow as the pharmaceutical sector continues to expand globally. According to a report by the Pharmaceutical Research and Manufacturers of America (PhRMA), the global pharmaceutical market is expected to reach $1.5 trillion by 2023, indicating substantial growth potential for empty capsules.

Prevalence of Nutraceuticals

The increasing awareness of health and wellness, coupled with a growing aging population, has led to a surge in the consumption of nutraceuticals and dietary supplements. Empty capsules provide an ideal dosage form for these products, allowing precise formulation and easy administration. The global nutraceutical market size is expected to reach $725 billion by 2027, with dietary supplements playing a significant role in this growth.

Shift Towards Vegetarian and Halal Capsules

A rising preference for vegetarian and halal products has driven the demand for plant-based or non-gelatin empty capsules. As consumers become more health-conscious and ethically aware, manufacturers are responding by offering vegetarian and halal-certified capsules, which cater to a broader consumer 

Stringent Regulatory Compliance

The empty capsules market faces challenges due to strict regulatory requirements imposed by various health authorities worldwide. Compliance with these regulations can be time-consuming and costly for manufacturers. Ensuring quality and safety standards throughout the production process is essential to meet regulatory criteria. The U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have stringent guidelines governing the manufacturing, labeling, and distribution of empty capsules. These regulations aim to guarantee the safety and efficacy of pharmaceutical products encapsulated within them.

Market by Source: Porcine-Based Empty Capsules Dominate the Market

The empty capsules market can be segmented based on the source of the capsules, including:
  • Porcine: Empty capsules derived from porcine sources.
  • Bovine: Empty capsules derived from bovine sources.
  • Marine: Empty capsules sourced from marine animals.
  • Natural: Plant-based or vegetarian empty capsules.
In 2022, porcine-based empty capsules dominated the market due to their widespread use in pharmaceuticals. However, during the forecast period from 2023 to 2031, natural and vegetarian capsules are expected to demonstrate both the highest revenue and the highest compound annual growth rate (CAGR). This growth is driven by increased consumer preference for plant-based and halal-certified products.

Market by Functionality: Immediate-Release Capsules Dominate the Market

Empty capsules serve different functionalities in drug delivery systems, including:
  • Immediate Release: Capsules designed for the rapid release of their contents.
  • Sustained Release: Capsules engineered for controlled, gradual release of drugs over time.
  • Delayed Release: Capsules formulated to release their contents at a specific time or location within the digestive tract.
In 2022, immediate-release capsules accounted for the highest revenue within the empty capsules market, reflecting their widespread use in pharmaceutical applications. However, during the forecast period from 2023 to 2031, sustained-release capsules are expected to exhibit both the highest revenue and the highest CAGR. This growth is driven by the advantages of sustained release in enhancing patient compliance and treatment outcomes.

North America Remains as the Global Leader

Geographically, North America held the highest revenue percentage in the empty capsules market in 2022, driven by a robust pharmaceutical industry and a growing nutraceutical sector. However, Asia-Pacific is expected to demonstrate the highest CAGR during the forecast period. This growth is fueled by the expansion of pharmaceutical manufacturing capabilities, increased investments in healthcare infrastructure, and the rising adoption of dietary supplements in the region.

Focus on Innovation to Enhance Market Share during the Forecast Period

Key players in the empty capsules market include Capsugel, ACG Worldwide, CapsCanada Corporation, Suheung Co., Ltd., JC Biological Technology Co. Ltd, Medicaps Ltd., Qualicaps, Inc., Patheon, Inc., Roxlor LLC, Sunil Healthcare Ltd., Lonza Group Ltd., Nectar Lifesciences Ltd and Natural Capsules Limited, and others. These companies focus on expanding their product portfolios, developing innovative formulations, and strategic collaborations to maintain their market positions. In the highly competitive empty capsules market, key players are engaged in several strategic initiatives to gain a competitive edge and expand their market presence. Leading companies are heavily investing in research and development to introduce innovative capsule technologies. This includes improvements in capsule shell materials, coatings, and manufacturing processes. For instance, the development of enteric coatings that enhance drug stability and targeted release has gained attention. Such innovations enable pharmaceutical and nutraceutical manufacturers to offer differentiated products with improved performance. Customization of empty capsules to meet specific requirements is becoming a key trend. Manufacturers are offering a wide range of sizes, colors, and materials to cater to the diverse needs of their clients. Additionally, many companies provide contract manufacturing services, allowing pharmaceutical and nutraceutical brands to outsource capsule production. This trend simplifies the supply chain and reduces production costs for brand owners.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofEmpty Capsules market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report

Micro and macro environment factors that are currently influencing the Empty Capsules market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Source

  • Porcine
  • Bovine
  • Marine
  • Natural

Type

  • Gelatin Capsules
  • Hard Gelatin Capsules
  • Soft Gelatin Capsules
  • Non-gelatin Capsules

Functionality

  • Immediate Release
  • Sustained Release
  • Delayed Release

Application

  • Antibiotic & Antibacterial Drugs
  • Dietary Supplements
  • Antacid & Antiflatulent Preparations
  • Cardiovascular Therapy Drugs
  • Cough & Cold Drugs
  • Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

End-User

  • Pharmaceutical & Biopharmaceutical Companies
  • Nutraceutical Companies
  • Others

Region Segment (2021 - 2031; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Empty Capsules market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Empty Capsules market?
  • Which is the largest regional market for Empty Capsules market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Empty Capsules market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Empty Capsules market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Empty Capsules Market
2.2. Global Empty Capsules Market, By Source, 2022 (US$ Million)
2.3. Global Empty Capsules Market, By Type, 2022 (US$ Million)
2.4. Global Empty Capsules Market, By Functionality, 2022 (US$ Million)
2.5. Global Empty Capsules Market, By Application, 2022 (US$ Million)
2.6. Global Empty Capsules Market, By End-User, 2022 (US$ Million)
2.7. Global Empty Capsules Market, By Geography, 2022 (US$ Million)
2.8. Attractive Investment Proposition by Geography, 2022
3. Empty Capsules Market: Competitive Analysis
3.1. Market Positioning of Key Empty Capsules Market Vendors
3.2. Strategies Adopted by Empty Capsules Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031
4. Empty Capsules Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Empty Capsules Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Empty Capsules Market: By Source, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Porcine
5.3.2. Bovine
5.3.3. Marine
5.3.4. Natural
6. Empty Capsules Market: By Type, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
6.3.1. Gelatin Capsules
6.3.1.1. Hard Gelatin Capsules
6.3.1.2. Soft Gelatin Capsules
6.3.2. Non-gelatin Capsules
7. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2022 Versus 2031
7.3. Market Segmentation
7.3.1. Immediate Release
7.3.2. Sustained Release
7.3.3. Delayed Release
8. Empty Capsules Market: By Application, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2022 Versus 2031
8.3. Market Segmentation
8.3.1. Antibiotic & Antibacterial Drugs
8.3.2. Dietary Supplements
8.3.3. Antacid & Antiflatulent Preparations
8.3.4. Cardiovascular Therapy Drugs
8.3.5. Cough & Cold Drugs
8.3.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)
9. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Growth & Revenue Analysis: 2022 Versus 2031
9.3. Market Segmentation
9.3.1. Pharmaceutical & Biopharmaceutical Companies
9.3.2. Nutraceutical Companies
9.3.3. Others
10. North America Empty Capsules Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Empty Capsules Market: By Source, 2021-2031, USD (Million)
10.3. Empty Capsules Market: By Type, 2021-2031, USD (Million)
10.4. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
10.5. Empty Capsules Market: By Application, 2021-2031, USD (Million)
10.6. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
10.7.Empty Capsules Market: By Region, 2021-2031, USD (Million)
10.7.1.North America
10.7.1.1. U.S.
10.7.1.1.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
10.7.1.1.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
10.7.1.1.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
10.7.1.1.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
10.7.1.1.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
10.7.1.2. Canada
10.7.1.2.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
10.7.1.2.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
10.7.1.2.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
10.7.1.2.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
10.7.1.2.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
10.7.1.3. Rest of North America
10.7.1.3.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
10.7.1.3.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
10.7.1.3.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
10.7.1.3.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
10.7.1.3.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11. UK and European Union Empty Capsules Market, 2021-2031, USD (Million)
11.1. Market Overview
11.2. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.3. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.4. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.5. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.6. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.Empty Capsules Market: By Region, 2021-2031, USD (Million)
11.7.1.UK and European Union
11.7.1.1. UK
11.7.1.1.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.1.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.1.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.1.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.1.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.1.2. Germany
11.7.1.2.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.2.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.2.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.2.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.2.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.1.3. Spain
11.7.1.3.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.3.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.3.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.3.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.3.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.1.4. Italy
11.7.1.4.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.4.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.4.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.4.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.4.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.1.5. France
11.7.1.5.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.5.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.5.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.5.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.5.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
11.7.1.6. Rest of Europe
11.7.1.6.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
11.7.1.6.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
11.7.1.6.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
11.7.1.6.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
11.7.1.6.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12. Asia Pacific Empty Capsules Market, 2021-2031, USD (Million)
12.1. Market Overview
12.2. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.3. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.4. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.5. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.6. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.Empty Capsules Market: By Region, 2021-2031, USD (Million)
12.7.1.Asia Pacific
12.7.1.1. China
12.7.1.1.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.1.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.1.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.1.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.1.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.1.2. Japan
12.7.1.2.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.2.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.2.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.2.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.2.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.1.3. India
12.7.1.3.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.3.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.3.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.3.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.3.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.1.4. Australia
12.7.1.4.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.4.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.4.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.4.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.4.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.1.5. South Korea
12.7.1.5.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.5.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.5.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.5.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.5.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
12.7.1.6. Rest of Asia Pacific
12.7.1.6.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
12.7.1.6.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
12.7.1.6.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
12.7.1.6.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
12.7.1.6.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
13. Latin America Empty Capsules Market, 2021-2031, USD (Million)
13.1. Market Overview
13.2. Empty Capsules Market: By Source, 2021-2031, USD (Million)
13.3. Empty Capsules Market: By Type, 2021-2031, USD (Million)
13.4. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
13.5. Empty Capsules Market: By Application, 2021-2031, USD (Million)
13.6. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
13.7.Empty Capsules Market: By Region, 2021-2031, USD (Million)
13.7.1.Latin America
13.7.1.1. Brazil
13.7.1.1.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
13.7.1.1.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
13.7.1.1.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
13.7.1.1.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
13.7.1.1.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
13.7.1.2. Mexico
13.7.1.2.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
13.7.1.2.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
13.7.1.2.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
13.7.1.2.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
13.7.1.2.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
13.7.1.3. Rest of Latin America
13.7.1.3.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
13.7.1.3.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
13.7.1.3.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
13.7.1.3.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
13.7.1.3.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
14. Middle East and Africa Empty Capsules Market, 2021-2031, USD (Million)
14.1. Market Overview
14.2. Empty Capsules Market: By Source, 2021-2031, USD (Million)
14.3. Empty Capsules Market: By Type, 2021-2031, USD (Million)
14.4. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
14.5. Empty Capsules Market: By Application, 2021-2031, USD (Million)
14.6. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
14.7.Empty Capsules Market: By Region, 2021-2031, USD (Million)
14.7.1.Middle East and Africa
14.7.1.1. GCC
14.7.1.1.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
14.7.1.1.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
14.7.1.1.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
14.7.1.1.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
14.7.1.1.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
14.7.1.2. Africa
14.7.1.2.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
14.7.1.2.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
14.7.1.2.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
14.7.1.2.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
14.7.1.2.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
14.7.1.3. Rest of Middle East and Africa
14.7.1.3.1. Empty Capsules Market: By Source, 2021-2031, USD (Million)
14.7.1.3.2. Empty Capsules Market: By Type, 2021-2031, USD (Million)
14.7.1.3.3. Empty Capsules Market: By Functionality, 2021-2031, USD (Million)
14.7.1.3.4. Empty Capsules Market: By Application, 2021-2031, USD (Million)
14.7.1.3.5. Empty Capsules Market: By End-User, 2021-2031, USD (Million)
15. Company Profile
15.1. Capsugel
15.1.1. Company Overview
15.1.2. Financial Performance
15.1.3. Product Portfolio
15.1.4. Strategic Initiatives
15.2. ACG Worldwide
15.2.1. Company Overview
15.2.2. Financial Performance
15.2.3. Product Portfolio
15.2.4. Strategic Initiatives
15.3. CapsCanada Corporation
15.3.1. Company Overview
15.3.2. Financial Performance
15.3.3. Product Portfolio
15.3.4. Strategic Initiatives
15.4. Suheung Co., Ltd.
15.4.1. Company Overview
15.4.2. Financial Performance
15.4.3. Product Portfolio
15.4.4. Strategic Initiatives
15.5. JC Biological Technology Co. Ltd
15.5.1. Company Overview
15.5.2. Financial Performance
15.5.3. Product Portfolio
15.5.4. Strategic Initiatives
15.6. Medicaps Ltd.
15.6.1. Company Overview
15.6.2. Financial Performance
15.6.3. Product Portfolio
15.6.4. Strategic Initiatives
15.7. Qualicaps, Inc.
15.7.1. Company Overview
15.7.2. Financial Performance
15.7.3. Product Portfolio
15.7.4. Strategic Initiatives
15.8. Patheon, Inc.
15.8.1. Company Overview
15.8.2. Financial Performance
15.8.3. Product Portfolio
15.8.4. Strategic Initiatives
15.9. Roxlor LLC
15.9.1. Company Overview
15.9.2. Financial Performance
15.9.3. Product Portfolio
15.9.4. Strategic Initiatives
15.10. Sunil Healthcare Ltd.
15.10.1. Company Overview
15.10.2. Financial Performance
15.10.3. Product Portfolio
15.10.4. Strategic Initiatives
15.11. Lonza Group Ltd.
15.11.1. Company Overview
15.11.2. Financial Performance
15.11.3. Product Portfolio
15.11.4. Strategic Initiatives
15.12. Nectar Lifesciences Ltd
15.12.1. Company Overview
15.12.2. Financial Performance
15.12.3. Product Portfolio
15.12.4. Strategic Initiatives
15.13. Natural Capsules Limited
15.13.1. Company Overview
15.13.2. Financial Performance
15.13.3. Product Portfolio
15.13.4. Strategic Initiatives
15.14. Other Notable Players
15.14.1. Company Overview
15.14.2. Financial Performance
15.14.3. Product Portfolio
15.14.4. Strategic Initiatives
List of Figures
FIG. 1 Global Empty Capsules Market: Market Coverage
FIG. 2 Research Methodology and Data Sources
FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
FIG. 4 Global Empty Capsules Market: Quality Assurance
FIG. 5 Global Empty Capsules Market, By Source, 2022
FIG. 6 Global Empty Capsules Market, By Type, 2022
FIG. 7 Global Empty Capsules Market, By Functionality, 2022
FIG. 8 Global Empty Capsules Market, By Application, 2022
FIG. 9 Global Empty Capsules Market, By End-User, 2022
FIG. 10 Global Empty Capsules Market, By Geography, 2022
FIG. 11 Market Geographical Opportunity Matrix - Global Empty Capsules Market, 2022
FIG. 12 Market Positioning of Key Empty Capsules Market Players, 2022
FIG. 13 Global Empty Capsules Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
FIG. 14 Global Empty Capsules Market, By Source, 2022 Vs 2031, %
FIG. 15 Global Empty Capsules Market, By Type, 2022 Vs 2031, %
FIG. 16 Global Empty Capsules Market, By Functionality, 2022 Vs 2031, %
FIG. 17 Global Empty Capsules Market, By Application, 2022 Vs 2031, %
FIG. 18 Global Empty Capsules Market, By End-User, 2022 Vs 2031, %
FIG. 19 U.S. Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 20 Canada Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 21 Rest of North America Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 22 UK Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 23 Germany Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 24 Spain Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 25 Italy Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 26 France Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 27 Rest of Europe Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 28 China Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 29 Japan Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 30 India Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 31 Australia Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 32 South Korea Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 33 Rest of Asia Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 34 Brazil Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 35 Mexico Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 36 Rest of Latin America Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 37 GCC Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 38 Africa Empty Capsules Market (US$ Million), 2021 - 2031
FIG. 39 Rest of Middle East and Africa Empty Capsules Market (US$ Million), 2021 - 2031
List of Tables
TABLE 1 Global Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 2 Global Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 3 Global Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 4 Global Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 5 Global Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 6 Global Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 7 North America Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 8 North America Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 9 North America Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 10 North America Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 11 North America Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 12 North America Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 13 U.S. Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 14 U.S. Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 15 U.S. Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 16 U.S. Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 17 U.S. Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 18 U.S. Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 19 Canada Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 20 Canada Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 21 Canada Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 22 Canada Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 23 Canada Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 24 Canada Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 25 Rest of North America Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 26 Rest of North America Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 27 Rest of North America Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 28 Rest of North America Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 29 Rest of North America Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 30 Rest of North America Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 31 UK and European Union Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 32 UK and European Union Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 33 UK and European Union Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 34 UK and European Union Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 35 UK and European Union Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 36 UK and European Union Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 37 UK Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 38 UK Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 39 UK Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 40 UK Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 41 UK Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 42 UK Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 43 Germany Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 44 Germany Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 45 Germany Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 46 Germany Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 47 Germany Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 48 Germany Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 49 Spain Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 50 Spain Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 51 Spain Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 52 Spain Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 53 Spain Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 54 Spain Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 55 Italy Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 56 Italy Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 57 Italy Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 58 Italy Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 59 Italy Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 60 Italy Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 61 France Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 62 France Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 63 France Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 64 France Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 65 France Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 66 France Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 67 Rest of Europe Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 68 Rest of Europe Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 69 Rest of Europe Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 70 Rest of Europe Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 71 Rest of Europe Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 72 Rest of Europe Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 73 Asia Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 74 Asia Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 75 Asia Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 76 Asia Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 77 Asia Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 78 Asia Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 79 China Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 80 China Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 81 China Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 82 China Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 83 China Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 84 China Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 85 Japan Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 86 Japan Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 87 Japan Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 88 Japan Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 89 Japan Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 90 Japan Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 91 India Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 92 India Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 93 India Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 94 India Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 95 India Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 96 India Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 97 Australia Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 98 Australia Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 99 Australia Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 100 Australia Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 101 Australia Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 102 Australia Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 103 South Korea Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 104 South Korea Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 105 South Korea Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 106 South Korea Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 107 South Korea Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 108 South Korea Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 109 Latin America Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 110 Latin America Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 111 Latin America Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 112 Latin America Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 113 Latin America Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 114 Latin America Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 115 Brazil Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 116 Brazil Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 117 Brazil Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 118 Brazil Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 119 Brazil Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 120 Brazil Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 121 Mexico Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 122 Mexico Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 123 Mexico Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 124 Mexico Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 125 Mexico Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 126 Mexico Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 127 Rest of Latin America Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 128 Rest of Latin America Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 129 Rest of Latin America Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 130 Rest of Latin America Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 131 Rest of Latin America Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 132 Rest of Latin America Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 133 Middle East and Africa Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 134 Middle East and Africa Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 135 Middle East and Africa Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 136 Middle East and Africa Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 137 Middle East and Africa Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 138 Middle East and Africa Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 139 GCC Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 140 GCC Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 141 GCC Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 142 GCC Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 143 GCC Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 144 GCC Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 145 Africa Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 146 Africa Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 147 Africa Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 148 Africa Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 149 Africa Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 150 Africa Empty Capsules Market By End-User, 2021-2031, USD (Million)
TABLE 151 Rest of Middle East and Africa Empty Capsules Market By Source, 2021-2031, USD (Million)
TABLE 152 Rest of Middle East and Africa Empty Capsules Market By Type, 2021-2031, USD (Million)
TABLE 153 Rest of Middle East and Africa Empty Capsules Market By Gelatin Capsules, 2021-2031, USD (Million)
TABLE 154 Rest of Middle East and Africa Empty Capsules Market By Functionality, 2021-2031, USD (Million)
TABLE 155 Rest of Middle East and Africa Empty Capsules Market By Application, 2021-2031, USD (Million)
TABLE 156 Rest of Middle East and Africa Empty Capsules Market By End-User, 2021-2031, USD (Million)

Companies Mentioned

  • Capsugel
  • ACG Worldwide
  • CapsCanada Corporation
  • Suheung Co., Ltd.
  • JC Biological Technology Co. Ltd
  • Medicaps Ltd.
  • Qualicaps, Inc.
  • Patheon, Inc.
  • Roxlor LLC
  • Sunil Healthcare Ltd.
  • Lonza Group Ltd.
  • Nectar Lifesciences Ltd
  • Natural Capsules Limited

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