Empty Capsules Market totaling a valuation of US$ 4.9 Billion by 2033

[204 Pages Report] global sales of empty capsules are expected to create lucrative growth opportunities over the projection period from 2022 to 2026 with a wealthy CAGR of 8%. The global market is expected to reach around US$ 2.1 Bn in 2022 and surpass a valuation of US$ 2.9 Bn by 2026. At present, the empty pill capsule market accounts for around 1% of the global drug delivery market. The flexibility of such fillable capsules is anticipated to gradually promote the use of empty pills in the nutraceutical and pharmaceutical sectors.

Owing to the surging consumption of various drugs combined with the increasing popularity of capsules over several other drug delivery forms is a primary factor boosting sales of empty capsules. Since the burden of chronic diseases continues to rise, demand for therapeutics is anticipated to increase at a substantial pace. This is in turn expected to generate lucrative growth prospects for the suppliers of empty capsules.

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Empty capsules are known as protective shells for drugs designed from special film-forming materials such as gelatin, starch, and pullulan. Being innovative drug delivery products, they are utilized by leading pharmaceutical and biopharmaceutical companies due to their various attractive features. Such capsules are economical, oxidation resistant, offer maximum flexibility, and are easy to use because of their smooth and slippery nature. Furthermore, they are especially suitable for substances having a bitter taste and unpleasant odor.

Key Takeaways

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Competitive Landscape

The global empty capsules market is known to be highly competitive in nature attributed to the presence of leading empty pill manufacturers that account for over 70% of the global market share. Prominent market players are constantly focusing on introducing new products designed out of innovative materials. In addition to that, they are adopting growth strategies such as partnerships, mergers, acquisitions, etc. to expand their global footprint.

More Insights into the Empty Capsules Market

The U.S. is expected to dominate the global empty capsules market as it accounts for a massive chunk of the global market. The growth of the market is attributed to the poor lifestyle habits in the U.S. which have resulted in a substantial increase in demand for nutraceuticals to adjust proper nutrient intake, subsequently driving sales of empty supplement capsules and empty vitamin capsules.

Moreover, surging awareness associated with vegetarian empty capsules and the availability of technologically advanced empty capsule filling machines will propel sales of empty HPMC capsules and empty pullulan capsules in the U.S. through 2030.

Japan is the second largest consumption of empty medicine capsules owing to increasing usage by the geriatric population and growing consumer awareness about the benefits of capsules over other forms.

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Key Segments of Empty Capsules Industry Survey Empty Capsules Market by Capsule Size:

Empty Capsules Market by Product Type:

Empty Capsules Market by Route of Administration:

Empty Capsules Market by Raw Material:

Empty Capsules Market by End User:

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Enteric Softgel Capsules Market : Enteric softgel capsules are the softgel capsules manufactured using enteric coating method, are an oral dosage form of health supplements or medicines.

Softgel Capsules Market : The global softgel capsules market is expected to enjoy a valuation of US$ 1.7 Bn by the end of the year 2022, and further expand at a CAGR of 6.0% to reach a valuation of ~US$ 3.1 Bn by the year 2032.

Advanced Empty Capsule Market : Pharmaceutical manufacturers are expected to dominate the market over the forecast period. The segment is expected to reach a valuation of US$ 1,542.3 Mn by 2031.

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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