Global Advanced Empty Capsule Market

Report ID : 1233 | Published : 2022-06-02 | Pages: | Format: PDF/EXCEL

The Global Advanced Empty Capsule market is estimated to reach over USD 3.42 billion by 2030, exhibiting a CAGR of 10.01% during the forecast period.

Advanced Empty Capsules are used to deliver various kinds of drugs without altering their formulation. These capsules are designed so that they do not interfere with any drug formulation and ensure proper drug delivery. Growing incidence of chronic diseases and increasing geriatric population are prominent factors that drive the Advanced Empty Capsule market growth during the forecast period. Moreover, increasing research and development activity in the healthcare sector to advance therapeutics will also provide new opportunities for Advanced Empty Capsule market players worldwide. Rising demand for nutraceuticals is also anticipated to favour Advanced Empty Capsule market growth through 2028.

However, the limited availability of raw materials to manufacture empty capsules is expected to have a restraining effect on the global Advanced Empty Capsule market in the years to come. Social stigma around animal-derived raw materials is also likely to have a restraining effect on the Advanced Empty Capsule market potential over the forecast period. The COVID-19 pandemic also had an adverse impact on the Advanced Empty Capsule market growth trend, but the market is expected to make a good recovery in the post-pandemic world.

Market Segmentation:

The Advanced Empty Capsule market is segmented on the basis of product and application. Based on product, the market is segmented as Oral Capsules (Dry Formulations (Immediate-Release Capsules (Gelatin, HPMC, Starch, Pullulan), Delayed-Release Capsules (Time Delayed-Release Capsules (Gelatin, HPMC), Acid-Resistant Capsules (Gelatin, HPMC, HPMCP), Enteric Capsules (Gelatin, HPMC, HPMC-AS), Liquid formulation (Gelatin, HPMC, Starch, Pullulan)), Inhalation Capsules (Gelatin, HPMC, Starch, Pullulan). By raw materials, the market is segmented into Animal Source (Contract Type-A (Pork SkinT), ype-B Gelatin (Animal Bones & Calf Skin), Fish Bone Gelatin), Vegetarian-based (Hydroxy Propyl Methyl Cellulose (HPMC), Starch, Pullulan). By capsule size, the market is segmented into Size "000" Capsules, Size "00" Capsules, Size "0" Capsules, Size "1" Capsules, Size "2" Capsules, Size "3" Capsules, Size "4" Capsules, Size "5" Capsules. By end users, the market is segmented into Pharmaceutical, Nutraceutical & Cosmetic, CROs, and CMOS.

Based on raw materials, the vegetarian-based segment to gain popularity

The vegetarian-based raw material segment is anticipated to hold a dominant outlook over the forecast period owing to the rising focus on cruelty-free products across the world. Increasing preference for organic and plant-based products among the general population will also strengthen demand in this segment. However, the animal-derived segment is also expected to account for a substantial market share over the coming years.

The Pharmaceutical End-user Industry Dominates the market.

The pharmaceutical industry is augmenting rapidly across the world, and this trend is fueling the demand for pharmaceuticals. The increasing need for new drug delivery systems is expected to boost the use of Advanced Empty Capsule in the pharmaceutical sector over the forecast period. Increasing drug launches and the rising prevalence of chronic diseases will further bolster the growth of this industry over the forecast period.

The North America Advanced Empty Capsule market holds a dominant outlook in the region.

The North America Advanced Empty Capsule market is expected to account for a significant market share and is anticipated to gain a dominant stance across the forecast period. The presence of key pharmaceutical companies, rising research and development activity, increasing demand for drugs, and supportive government initiatives are expected to prominently drive growth in this region through 2028. The United States is anticipated to be the most prominent market in this region due to the rising prevalence of chronic diseases and a growing geriatric population. Increasing focus on healthcare and rising investments in healthcare research will further bolster Advanced Empty Capsule regional market growth.

Competitive Landscape

The key players in the Advanced Empty Capsule market have shifted their focus towards bio-based components for product manufacturing and are initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance product portfolio and strengthen their market footprint across the globe. Some of the major key players in the Advanced Empty Capsule market are ACG Worldwide, Capsugel (Lonza Group Ltd.), Medi-Caps Ltd., Sunil Healthcare Ltd., Roxlor LLC, Snail Pharma Industry Co. Ltd., CapsCanada Corporation, Suheung Co., Ltd., Bright Pharma Caps Inc., Fuji Capsule Co., Ltd., Comed Chemicals, Erawat Pharma Limited, Evonik, Farmacapsulas, Fortcaps Healthcare, Health Caps India, LFA Machines Oxford, Mitsubishi Chemical Holdings Corporation, Natural Capsules, Nectar Lifesciences, Qingdao Yiqing Medicinal Capsules, Saviour Caps, Shanxi Guangsheng Medicinal Capsule, Shaoxing Kangke Capsule, Shaoxing Zhongya Capsule, Shree Pharma Caps, Suheung, Sunil Healthcare, Zhejiang Yuexi Capsule, and Other Prominent Players.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Advanced Empty Capsule Market Snapshot

Chapter 4. Global Advanced Empty Capsule Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Industry Analysis – Porter’s Five Forces Analysis

4.6. Competitive Landscape & Market Share Analysis

4.7. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Products, Estimates & Trend Analysis

5.1. By Products, & Market Share, 2020 & 2030

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Products:

5.2.1. Oral Capsules

5.2.1.1.  Dry Formulations

5.2.1.1.1.   Immediate-Release Capsules

5.2.1.1.1.1.    Gelatin

5.2.1.1.1.2.    HPMC

5.2.1.1.1.3.    Starch

5.2.1.1.1.4.    Pullulan

5.2.1.1.2.   Delayed-Release Capsules

5.2.1.1.2.1.    Time Delayed-Release Capsules

5.2.1.1.2.1.1.     Gelatin

5.2.1.1.2.1.2.     HPMC

5.2.1.1.2.2.   Acid-Resistant Capsules

5.2.1.1.2.2.1.     Gelatin

5.2.1.1.2.2.2.     HPMC

5.2.1.1.2.2.3.     HPMCP

5.2.1.1.2.3.    Enteric Capsules

5.2.1.1.2.3.1.     Gelatin

5.2.1.1.2.3.2.     HPMC

5.2.1.1.2.3.3.     HPMC-AS

5.2.1.2.  Liquid formulation

5.2.1.2.1.   Gelatin

5.2.1.2.2.   HPMC

5.2.1.2.3.   Starch

5.2.1.2.4.   Pullulan

5.2.2. Inhalation Capsules

5.2.2.1.  Gelatin

5.2.2.2.  HPMC

5.2.2.3.  Starch

5.2.2.4.  Pullulan

Chapter 6. Market Segmentation 2: By Raw Materials Estimates & Trend Analysis

6.1. By Raw Materials & Market Share, 2020 & 2030

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Raw Materials:

6.2.1. Animal Source

6.2.1.1.  Contract Type-A (Pork Skin

6.2.1.2.  Type-B Gelatin (Animal Bones & Calf Skin)

6.2.1.3.  Fish Bone Gelatin

6.2.2. Vegetarian-based

6.2.2.1.  Hydroxy Propyl Methyl Cellulose (HPMC)

6.2.2.2.  Starch

6.2.2.3.  Pullulan

Chapter 7. Market Segmentation 3: By Capsule Size Estimates & Trend Analysis

7.1. By Capsule Size & Market Share, 2020& 2030

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Capsule Size:

7.2.1. Size "000" Capsules

7.2.2. Size "00" Capsules

7.2.3. Size "0" Capsules

7.2.4. Size "1" Capsules

7.2.5. Size "2" Capsules

7.2.6. Size "3" Capsules

7.2.7. Size "4" Capsules

7.2.8. Size "5" Capsules

Chapter 8. Market Segmentation 4: By End-Users Estimates & Trend Analysis

8.1. By End-Users & Market Share, 2020& 2030

8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By End-Users:

8.2.1. Pharmaceutical

8.2.2. Nutraceutical & Cosmetic

8.2.3. CROs

8.2.4. CMOS

Chapter 9. Advanced Empty Capsule Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Products, 2020-2030

9.1.2. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Raw Materials, 2020-2030

9.1.3. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts By Capsule Size, 2020-2030

9.1.4. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2020-2030

9.1.5. North America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by country, 2020-2030

9.2. Europe

9.2.1. Europe Advanced Empty Capsule Market revenue (US$ Million) By Products, 2020-2030

9.2.2. Europe Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2020-2030

9.2.3. Europe Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, 2020-2030

9.2.4. Europe Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2020-2030

9.2.5. Europe Advanced Empty Capsule Market revenue (US$ Million) by country, 2020-2030 

9.3. Asia Pacific

9.3.1. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Products, 2020-2030

9.3.2. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, 2020-2030

9.3.3. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, 2020-2030

9.3.4. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2020-2030

9.3.5. Asia Pacific Advanced Empty Capsule Market revenue (US$ Million) by country, 2020-2030

9.4. Latin America

9.4.1. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Products, (US$ Million)

9.4.2. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, (US$ Million)

9.4.3. Latin America Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, (US$ Million)

9.4.4. Latin America Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2020-2030

9.4.5. Latin America Advanced Empty Capsule Market revenue (US$ Million) by country, (US$ Million) 2020-2030

9.5. Middle East & Africa

9.5.1. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Products, (US$ Million)

9.5.2. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Raw Materials, (US$ Million)

9.5.3. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) By Capsule Size, (US$ Million)

9.5.4. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) estimates and forecasts by End-Users, 2020-2030

9.5.5. Middle East & Africa Advanced Empty Capsule Market revenue (US$ Million) by country, (US$ Million) 2020-2030

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. ACG Worldwide

10.2.2. Capsugel (Lonza Group Ltd.)

10.2.3. Medi-Caps Ltd.

10.2.4. Sunil Healthcare Ltd.

10.2.5. Roxlor LLC

10.2.6. Snail Pharma Industry Co. Ltd.

10.2.7. CapsCanada Corporation

10.2.8. Suheung Co., Ltd.

10.2.9. Bright Pharma Caps Inc.

10.2.10. Fuji Capsule Co., Ltd.

10.2.11. Comed Chemicals

10.2.12. Erawat Pharma Limited

10.2.13. Evonik

10.2.14. Farmacapsulas

10.2.15. Fortcaps Healthcare

10.2.16. Health Caps India

10.2.17. LFA Machines Oxford

10.2.18. Mitsubishi Chemical Holdings Corporation

10.2.19. Natural Capsules

10.2.20. Nectar Lifesciences

10.2.21. Qingdao Yiqing Medicinal Capsules

10.2.22. Saviour Caps

10.2.23. Shanxi Guangsheng Medicinal Capsule

10.2.24. Shaoxing Kangke Capsule

10.2.25. Shaoxing Zhongya Capsule

10.2.26. Shree Pharma Caps

10.2.27. Suheung

10.2.28. Sunil Healthcare

10.2.29. Zhejiang Yuexi Capsule

10.2.30. Other Prominent Players

Segmentation of Advanced Empty Capsule Market-

By Product-

Oral Capsules

  • Dry Formulations
    • Immediate-Release Capsules
      • Gelatin
      • HPMC
      • Starch
      • Pullulan
    • Delayed-Release Capsules
      • Time Delayed-Release Capsules
        • Gelatin
        • HPMC
      • Acid-Resistant Capsules
        • Gelatin
        • HPMC
        • HPMCP
      • Enteric Capsules
        • Gelatin
        • HPMC
        • HPMC-AS
      • Liquid formulation
        • Gelatin
        • HPMC
        • Starch
        • Pullulan

Inhalation Capsules

  • Gelatin
  • HPMC
  • Starch
  • Pullulan

By Raw Materials

  • Animal Source
    • Contract Type-A (Pork Skin
    • Type-B Gelatin (Animal Bones & Calf Skin)
    • Fish Bone Gelatin
  • Vegetarian-based
    • Hydroxy Propyl Methyl Cellulose (HPMC)
    • Starch
    • Pullulan

By Capsule Size

  • Size "000" Capsules
  • Size "00" Capsules
  • Size "0" Capsules
  • Size "1" Capsules
  • Size "2" Capsules
  • Size "3" Capsules
  • Size "4" Capsules
  • Size "5" Capsules

By End-Users

  • Pharmaceutical
  • Nutraceutical & Cosmetic
  • CROs
  • CMOS

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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