The global empty capsules market is expected to grow at a CAGR of 7.2% during the forecast period (2022-2028). The rising awareness about nutraceutical supplements and dietary supplements is creating a demand for empty capsules. Consumers’ preference for these supplements is owing to various health benefits associated with these products. These supplements work for prevention rather than cure diseases. Moreover, infectious diseases are also rising across the globe which is boosting the demand for the capsules market. For instance, according to the Centers for Disease Control and Prevention (CDC) latest report 2022, there have been around 7.4 million flu illness cases, out of which 76,000 hospitalizations and around 4,700 mortalities from flu.
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According to the World Health Organization (WHO), in 2020, there were 241 million cases of malaria across the globe and around 627,000 mortalities due to malaria. This, in turn, is boosting the demand for empty capsules, to cope with these diseases and an increase in the awareness of nutraceuticals is further contributing to the growth of the market. The demand for gelatin capsules has increased significantly owing to their universal use without any fillers. The use of soft gel gelatin capsules can increase the bioavailability of poorly absorbed or poorly soluble nutrients. This, in turn, is driving the growth of the global empty capsules market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Empty Capsules Market Report by Segment
By Product
- Gelatin
- Non- Gelatin
By Therapeutic Application
- Antibiotic & Antibacterial Drugs
- Vitamin & Dietary Supplements
- Antacids & Anti-flatulent Preparations
- Anti-anemic Preparations
- Anti-Inflammatory & Anti-rheumatic Drugs
- Cardiac Therapy Drugs
- Cough & Cold Preparations
By End-User
- Pharmaceuticals
- Nutraceuticals
- Cosmetics
- Research Laboratories
Global Empty Capsules Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global empty capsules market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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