Medicinal HPMC Hollow Capsule Market Size is predicted to grow at a 7.8% CAGR during the forecast period for 2024-2031.
Medicinal HPMC hollow capsules are pharmaceutical capsules made from Hydroxypropyl Methylcellulose (HPMC), a plant-derived polymer. They are used as an alternative to gelatin capsules, suitable for vegetarian and vegan formulations. HPMC capsules offer stability, resistance to moisture, and controlled release properties, making them ideal for encapsulating drugs, supplements, and herbal extracts. They are widely accepted in pharmaceutical and nutraceutical industries due to their compatibility with diverse formulations and regulatory approval for safety and efficacy.
The growing pharmaceutical and nutraceutical industries, together with consumer interest in eco-friendly and see-through products, are also driving demand for medicinal HPMC hollow capsules. Coatings made from this basic material also offer modest resistance to grease and fat are transparent, flexible, and oxygen and moisture-resistant, among other desirable properties. This substance is great for a variety of uses, including as a binder and a matrix for extended-release tablets due to its adaptability has further increased the demand for medicinal HPMC hollow capsule market.
However, the market growth is hindered by the accessibility and affordability of HPMC capsules can be hindered by a lack of knowledge, manufacturing technical hurdles, and high production costs. The medicinal HPMC hollow capsule market was positively affected by the COVID-19 pandemic because the demand for health supplements and pharmaceuticals increased as customers attempted to strengthen immunity. Market expansion was further propelled by the benefits of plant-based HPMC capsules, which were brought to light by disruptions in the gelatin supply chains. In addition, the demand for medicinal HPMC hollow capsules is being propelled by the expanding pharmaceutical and nutraceutical sectors, as well as by a focus on eco-friendly and transparent products.
The global medicinal HPMC hollow capsule market is segmented based on type and application. Based on type, the market is segmented into 000# HPMC capsules, 00# HPMC capsules, 0# HPMC capsules, 1# HPMC capsules, 2# HPMC capsules, 3# HPMC capsules, 4# HPMC capsules, and 5# HPMC capsules. As per the application, the market is segmented into drug and health products.
The 4# HPMC capsules in the global medicinal HPMC hollow capsule market are expected to hold a major global market share in 2023. Owing to their adaptability and small size which make them ideal for a wide range of medicinal uses. The increasing need for vegetarian and vegan-friendly capsule solutions also contributes to their appeal. Their capacity to remain stable and intact under varying storage circumstances and their compatibility with a wide range of formulations are factors that contribute to the substantial market share of 4# HPMC capsules.
The drug segment in the medicinal HPMC hollow capsule market is growing because products made from plants rather than animals are becoming more popular, reflecting a shift in consumer tastes toward vegetarian and vegan options. HPMC capsules provide extreme stability and protection for delicate medication compositions, extending their shelf life and improving their effectiveness. Improvements in encapsulation technology have also increased the efficacy and bioavailability of pharmaceuticals contained in medicinal HPMC hollow capsules.
The North American global medicinal HPMC hollow capsule market is expected to report the largest market share in revenue in the near future. This is because of the high demand for vegetarian options, the well-developed pharmaceutical industry, and the substantial funding for research and development and new product development. In addition, Asia Pacific is estimated to grow rapidly in the global medicinal HPMC hollow capsule market because of the growing pharmaceutical sector, more healthcare funding, more consumer interest in plant-based goods, and government policies that encourage research and production throughout the Asia-Pacific region.
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 7.8% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, and Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
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Competitive Landscape |
Lonza (Capsugel), Qualicaps, ACG Associated Capsules Private Limited, Suheung, Farmacapsules, CapsCanada, Shandong Healsee Capsule, Guangzhou Jiuzhou Capsule Biotechnology, Anhui Huangshan Capsule, Jiangsu Lifan Capsule, Zhejiang Shicheng Capsule, and Sunil Healthcare Limited. and Other Market Players |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Medicinal HPMC Hollow Capsule Market Snapshot
Chapter 4. Global Medicinal HPMC Hollow Capsule Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. 000HPMC Capsules
5.2.2. 00HPMC Capsules
5.2.3. 0HPMC Capsules
5.2.4. 1HPMC Capsules
5.2.5. 2HPMC Capsules
5.2.6. 3HPMC Capsules
5.2.7. 4HPMC Capsules
5.2.8. 5HPMC Capsules
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Drug
6.2.2. Health Products
Chapter 7. Global Medicinal HPMC Hollow Capsule Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.1.2. North America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.1.3. North America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.2. Europe
7.2.1. Europe Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.2.2. Europe Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.2.3. Europe Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.3.2. Asia Pacific Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.3.3. Asia Pacific Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.4. Latin America
7.4.1. Latin America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.4.2. Latin America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.4.3. Latin America Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
7.5.2. Middle East & Africa Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.5.3. Middle East & Africa Global Medicinal HPMC Hollow Capsule Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Lonza (Capsugel)
8.2.2. Qualicaps
8.2.3. ACG Associated Capsules Private Limited
8.2.4. Suheung
8.2.5. Farmacapsules
8.2.6. CapsCanada
8.2.7. Shandong Healsee Capsule
8.2.8. Guangzhou Jiuzhou Capsule Biotechnology
8.2.9. Anhui Huangshan Capsule
8.2.10. Jiangsu Lifan Capsule
8.2.11. Zhejiang Shicheng Capsule
8.2.12. Sunil Healthcare Limited
8.2.13. Other Prominent Players
Medicinal HPMC Hollow Capsule Market By Type-
Medicinal HPMC Hollow Capsule Market By Applications-
Medicinal HPMC Hollow Capsule Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & 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:
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:
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.
