The global empty hard gelatin capsules market is anticipated to grow at a significant CAGR during the forecast period. Capsule shells are made of gelatin or non-gelatin material (such as pullulan, HPMC, and starch), which is available in various shapes, sizes, and colors. Hard gelatin capsules are extensively available in the pharmaceutical industry, which are made of gelatin and purified water. Thus, the market growth is majorly attributable to the demand for these capsules in the pharmacy sector. Further, growth in the prevalence of chronic diseases such as cancer, CVD, diabetes, and gastrointestinal diseases which require treatment as regular medication in the form of capsules is an underlying factor contributing to the rise in the demand for gelatin capsules.
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Adding to this, the increase in funding from private as well as government organizations offered to the capsule manufacturing units coupled with the rise in R&D activities for development of therapeutic products that are enclosed in capsules are further anticipated to spur the market growth. Furthermore, rise in the prevalence of geriatric population, which is more prone to chronic diseases, surge the need for immunity boosters and dietary supplements. Thus, the growing demand for such supplements is anticipated to propel growth of the market. As per the Centers for Disease Control and Prevention (CDC), it was reported that around one-quarter of adults above the age of 60 years consumed more than four dietary supplements in 2020. The source also found out that the use of multiple (two, three, four, and more) dietary supplements increases with the growing age, owing to weaking of immune system. Encapsulation is utilized for both dietary supplements and medications is one of the most extensively used processes by both nutraceutical and pharmaceutical companies globally, which in turn, is leveraging the global empty hard gelatin capsules market.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Product Type
o By End-User
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Capsugel (Lonza AG), ACG Group, and Qualicaps Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Empty Hard Gelatin Capsules Market Report by Segment
By Product Type
- Bovine Source Gelatin
- Fish Source Gelatin
- Porcine Gelatin
- Others
By End-User
- Pharmaceutical
- Food
- Others
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Empty Hard Gelatin Capsules Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Capsugel (Lonza AG)
- ACG Group
- Qualicaps Inc.
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