Empty Hard Gelatin Capsules Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Gelatin is an animal protein that is used to make capsules that contain precisely measured amounts of product. Gelatin is used to make empty hard gelatin capsules. It is a flavourless, translucent, colourless, brittle (when dry) solid substance derived from collagen. The moisture content of empty hard gelatin capsules ranges from 12 to 16 percent. However, depending on the storage conditions, the moisture content can vary. Various colours and colour combinations, including transparent and metallic capsules, are available in empty gelatin capsules. Empty hard gelatin capsules are widely used in the food, cosmetics, and pharmaceutical industries for strengthening bones, improving air quality, and a variety of other applications.
MARKET DYNAMICS
Upsurge in FDA approvals for personalized medicines and nutrition for the treatment of rare and chronic diseases will spur the demand of the empty hard gelatin capsule market. However, gelatin (hard)-based empty capsules are associated with side effects such as allergies, difficulty in ingestion (for kidney patients), and drug compatibility issues may restraint the growth of the market in the forecasted period. In addition, increasing R&D activities & clinical trial studies, and the advancements in capsule delivery technologies are creating potential opportunity for empty hard gelatin capsule in pharmaceutical industry in the forecasted period.
MARKET SCOPE
The "Global Empty Hard Gelatin Capsule Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of empty hard gelatin capsule market with detailed market segmentation by product, application, and geography. The global empty hard gelatin capsule market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading empty hard gelatin capsule market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global empty hard gelatin capsule market is segmented on the product, and applications. Based on product, the global empty hard gelatin capsule market is segmented into bovine source gelatin, fish source gelatin, porcine gelatin and other source gelatin. Based on the applications, the empty hard gelatin capsule market is segmented pharmaceutical, food, and health care products.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global empty hard gelatin capsule market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The empty hard gelatin capsule market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting empty hard gelatin capsule market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the empty hard gelatin capsule market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global empty hard gelatin capsule market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The empty hard gelatin capsule market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting empty hard gelatin capsule market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the empty hard gelatin capsule market in these regions.
MARKET PLAYERS
The reports cover key developments in the empty hard gelatin capsule market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from empty hard gelatin capsule market are anticipated to lucrative growth opportunities in the future with the rising demand for empty hard gelatin capsule in the global market. Below mentioned is the list of few companies engaged in the empty hard gelatin capsule market.
The report also includes the profiles of key empty hard gelatin capsule market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ERAWAT PHARMA LIMITED
- ACG
- Natural Capsules
- Dah Feng Capsule
- Lefan Capsule
- Sunil Health Care (Sunloc Healthcare, Inc.)
- NLL
- Capsugel
- JC Biological Technology Co. Ltd
- CapsCanada Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Empty Hard Gelatin Capsules Market - By Product
1.3.2 Empty Hard Gelatin Capsules Market - By Applications
1.3.3 Empty Hard Gelatin Capsules Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EMPTY HARD GELATIN CAPSULES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. EMPTY HARD GELATIN CAPSULES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. EMPTY HARD GELATIN CAPSULES MARKET - GLOBAL MARKET ANALYSIS
6.1. EMPTY HARD GELATIN CAPSULES - GLOBAL MARKET OVERVIEW
6.2. EMPTY HARD GELATIN CAPSULES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. EMPTY HARD GELATIN CAPSULES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BOVINE SOURCE GELATIN
7.3.1. Overview
7.3.2. Bovine Source Gelatin Market Forecast and Analysis
7.4. FISH SOURCE GELATIN
7.4.1. Overview
7.4.2. Fish Source Gelatin Market Forecast and Analysis
7.5. PORCINE GELATIN
7.5.1. Overview
7.5.2. Porcine Gelatin Market Forecast and Analysis
7.6. OTHER SOURCE GELATIN
7.6.1. Overview
7.6.2. Other Source Gelatin Market Forecast and Analysis
8. EMPTY HARD GELATIN CAPSULES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICAL
8.3.1. Overview
8.3.2. Pharmaceutical Market Forecast and Analysis
8.4. HEALTH CARE PRODUCTS
8.4.1. Overview
8.4.2. Health Care Products Market Forecast and Analysis
8.5. FOOD
8.5.1. Overview
8.5.2. Food Market Forecast and Analysis
9. EMPTY HARD GELATIN CAPSULES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Empty Hard Gelatin Capsules Market Overview
9.1.2 North America Empty Hard Gelatin Capsules Market Forecasts and Analysis
9.1.3 North America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Product
9.1.4 North America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Applications
9.1.5 North America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Countries
9.1.5.1 United States Empty Hard Gelatin Capsules Market
9.1.5.1.1 United States Empty Hard Gelatin Capsules Market by Product
9.1.5.1.2 United States Empty Hard Gelatin Capsules Market by Applications
9.1.5.2 Canada Empty Hard Gelatin Capsules Market
9.1.5.2.1 Canada Empty Hard Gelatin Capsules Market by Product
9.1.5.2.2 Canada Empty Hard Gelatin Capsules Market by Applications
9.1.5.3 Mexico Empty Hard Gelatin Capsules Market
9.1.5.3.1 Mexico Empty Hard Gelatin Capsules Market by Product
9.1.5.3.2 Mexico Empty Hard Gelatin Capsules Market by Applications
9.2. EUROPE
9.2.1 Europe Empty Hard Gelatin Capsules Market Overview
9.2.2 Europe Empty Hard Gelatin Capsules Market Forecasts and Analysis
9.2.3 Europe Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Product
9.2.4 Europe Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Applications
9.2.5 Europe Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Empty Hard Gelatin Capsules Market
9.2.5.1.1 Germany Empty Hard Gelatin Capsules Market by Product
9.2.5.1.2 Germany Empty Hard Gelatin Capsules Market by Applications
9.2.5.2 France Empty Hard Gelatin Capsules Market
9.2.5.2.1 France Empty Hard Gelatin Capsules Market by Product
9.2.5.2.2 France Empty Hard Gelatin Capsules Market by Applications
9.2.5.3 Italy Empty Hard Gelatin Capsules Market
9.2.5.3.1 Italy Empty Hard Gelatin Capsules Market by Product
9.2.5.3.2 Italy Empty Hard Gelatin Capsules Market by Applications
9.2.5.4 Spain Empty Hard Gelatin Capsules Market
9.2.5.4.1 Spain Empty Hard Gelatin Capsules Market by Product
9.2.5.4.2 Spain Empty Hard Gelatin Capsules Market by Applications
9.2.5.5 United Kingdom Empty Hard Gelatin Capsules Market
9.2.5.5.1 United Kingdom Empty Hard Gelatin Capsules Market by Product
9.2.5.5.2 United Kingdom Empty Hard Gelatin Capsules Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Empty Hard Gelatin Capsules Market Overview
9.3.2 Asia-Pacific Empty Hard Gelatin Capsules Market Forecasts and Analysis
9.3.3 Asia-Pacific Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Empty Hard Gelatin Capsules Market
9.3.5.1.1 Australia Empty Hard Gelatin Capsules Market by Product
9.3.5.1.2 Australia Empty Hard Gelatin Capsules Market by Applications
9.3.5.2 China Empty Hard Gelatin Capsules Market
9.3.5.2.1 China Empty Hard Gelatin Capsules Market by Product
9.3.5.2.2 China Empty Hard Gelatin Capsules Market by Applications
9.3.5.3 India Empty Hard Gelatin Capsules Market
9.3.5.3.1 India Empty Hard Gelatin Capsules Market by Product
9.3.5.3.2 India Empty Hard Gelatin Capsules Market by Applications
9.3.5.4 Japan Empty Hard Gelatin Capsules Market
9.3.5.4.1 Japan Empty Hard Gelatin Capsules Market by Product
9.3.5.4.2 Japan Empty Hard Gelatin Capsules Market by Applications
9.3.5.5 South Korea Empty Hard Gelatin Capsules Market
9.3.5.5.1 South Korea Empty Hard Gelatin Capsules Market by Product
9.3.5.5.2 South Korea Empty Hard Gelatin Capsules Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Empty Hard Gelatin Capsules Market Overview
9.4.2 Middle East and Africa Empty Hard Gelatin Capsules Market Forecasts and Analysis
9.4.3 Middle East and Africa Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Empty Hard Gelatin Capsules Market
9.4.5.1.1 South Africa Empty Hard Gelatin Capsules Market by Product
9.4.5.1.2 South Africa Empty Hard Gelatin Capsules Market by Applications
9.4.5.2 Saudi Arabia Empty Hard Gelatin Capsules Market
9.4.5.2.1 Saudi Arabia Empty Hard Gelatin Capsules Market by Product
9.4.5.2.2 Saudi Arabia Empty Hard Gelatin Capsules Market by Applications
9.4.5.3 U.A.E Empty Hard Gelatin Capsules Market
9.4.5.3.1 U.A.E Empty Hard Gelatin Capsules Market by Product
9.4.5.3.2 U.A.E Empty Hard Gelatin Capsules Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Empty Hard Gelatin Capsules Market Overview
9.5.2 South and Central America Empty Hard Gelatin Capsules Market Forecasts and Analysis
9.5.3 South and Central America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Product
9.5.4 South and Central America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Empty Hard Gelatin Capsules Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Empty Hard Gelatin Capsules Market
9.5.5.1.1 Brazil Empty Hard Gelatin Capsules Market by Product
9.5.5.1.2 Brazil Empty Hard Gelatin Capsules Market by Applications
9.5.5.2 Argentina Empty Hard Gelatin Capsules Market
9.5.5.2.1 Argentina Empty Hard Gelatin Capsules Market by Product
9.5.5.2.2 Argentina Empty Hard Gelatin Capsules Market by Applications
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL EMPTY HARD GELATIN CAPSULES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. EMPTY HARD GELATIN CAPSULES MARKET, KEY COMPANY PROFILES
12.1. ERAWAT PHARMA LIMITED
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ACG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. NATURAL CAPSULES
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DAH FENG CAPSULE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. LEFAN CAPSULE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SUNIL HEALTH CARE
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NLL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. CAPSUGEL
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. JC BIOLOGICAL TECHNOLOGY CO. LTD
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. CAPSCANADA CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. ERAWAT PHARMA LIMITED
2. ACG
3. Natural Capsules
4. Dah Feng Capsule
5. Lefan Capsule
6. Sunil Health Care (Sunloc Healthcare, Inc.)
7. NLL
8. Capsugel
9. JC Biological Technology Co. Ltd
10. CapsCanada Corporation
11. Patheon, Inc. (Banner Pharmacaps, Inc.)
12. Medi-Caps Ltd
13. Suheung Co., Ltd.
14. Bright Pharma Caps Inc..
15. Roxlor LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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