Empty Capsules Market Regional Analysis, Segmentations and Key Applications Analysis, 2024
The global Empty Capsules Market was estimated at USD 1.34 billion in 2015 and is expected to grow at a significant CAGR over the forecast period, providing numerous opportunities for market players to invest for research and development.
(firmenpresse) - The global Empty Capsules Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Empty Capsules Market was estimated at USD 1.34 billion in 2015 and is expected to grow at a significant CAGR over the forecast period. According to the product type, empty capsules market is categorized into non-gelatin and gelatin capsules. In 2015, the gelatin capsules segment accounted for the largest market share and is anticipated to maintain its dominant position over the forecast period.
Key Players:
Capsugel
ACG Worldwide
JC biological technologies
Capscanada Corporation
Medicaps
Qualicaps
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Growth Drivers:
The major factors impelling the market growth are increasing adoption rate of capsules when compared to tablets, rising demand of empty capsules in cosmeceutical, nutraceutical and pharmaceutical industries and growing geriatric population. Capsule- based formulations are more popular among the aged population, owing to benefits like faster dissolution time as compared to the other oral dosage forms, capsules make swallowing easier for patients, moreover, the gastrointestinal irritation caused by capsules is comparatively less than other dosage forms. These aforementioned benefits associated with capsules are likely to boost the market growth over the forecast period.
Therapeutic Application Outlook:
Antibiotic and antibacterial drugs
Vitamin and dietary supplements
Antacids and antiflatulent preparations
Antianemic preparations
Anti-inflammatory and anti-rheumatic drugs
Cardiac therapy drugs
Cough and cold preparations
End-user Outlook:
Pharmaceutical
Nutraceutical
Cosmeceutical
Research laboratories
Regional Insights:
North America’s accounted for highest share of the total empty capsules market in 2015 and is expected to grow at a CAGR of 6.1% during the forecast period owing to the high penetration rate of cosmeceutical and nutraceutical industry along with rising awareness of nutraceutical products among the consumers.
Asia-Pacific is expected to witness the fastest growth over the forecast period. This growth can be attributed to the increase in proliferation of pharmaceutical industry, rising awareness regarding cosmeceuticals and nutraceuticals products, improved healthcare infrastructure, and less stringent government regulations in the nutraceutical industry.
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empty-capsules-market-news
global-empty-capsules-industry-size
empty-capsules-market-share
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Unternehmensinformation / Kurzprofil:
Datum: 14.09.2020 - 11:33 Uhr
Sprache: Deutsch
News-ID 619355
Anzahl Zeichen: 3433
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Pharmaceuticals & Biotech
Typ of Press Release: Financial
type of sending: don't
Date of sending: 14.09.2020
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