Empty Capsules Market Scope And Analysis

Report Code : TIPRE00003411
Category : Life Sciences

No. of Pages : 150

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Empty Capsules Market Analysis Report 2021 to 2022

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Empty Capsules Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 6.75 Billion
Market Size by 2030	US$ 12.52 Billion
Global CAGR (2022 - 2030)	8.0%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Product Gelatin Capsules and Non-Gelatin Capsules By Functionality Immediate-Release Capsules Delayed-Release Capsules Sustained-Release Capsules By Application Antibiotic and Antibacterial Drugs Vitamins and Dietary Supplements Antacids and Antiflatulent Preparations By End User Pharmaceutical Industry Nutraceutical Industry Cosmetics Industry Research Laboratories
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Erawat Pharma Limited Sunil Healthcare ACG Worldwide Medi Caps Ltd LonzaGroup Capsugel Capscanada Corporation Bright Pharma Caps Inc Farmacapsulas Mitsubishi Chemical Holdings Corporation Qualicaps Inc

Key Player Analysis:

Erawat Pharma Limited, Sunil Healthcare, ACG Worldwide, Medi-Caps Ltd, LonzaGroup (Capsugel), Capscanada Corporation, Bright Pharma Caps Inc, Farmacapsulas, Mitsubishi Chemical Holdings Corporation (Qualicaps, Inc.), and Roxlor LLC are among the key players profiled in the empty capsules market report.

Recent Developments:

Companies operating in the market adopt such as mergers and acquisitions. A few of the recent market developments are listed below:

In March 2023, VANTAGE NUTRITION, an ACG company, acquired ComboCap, Inc. (US) and BioCap (South Africa) to expand its technology and footprint in North America and worldwide.

In January 2022, Xi'an Le-Nutra Ingredients Inc. shipped 8.0 million HPMC capsules to Latvia, Europe. These capsules were devoid of titanium dioxide (TiO2), as the European Commission had banned the use of TiO2 in food additives. This highlights the company's efforts to meet demand for the product in the region.

In July 2022, Akums Drug & Pharmaceuticals Ltd. approved its empty hard gelatin capsule manufacturing facilities in Haridwar, India. This European Union-based (EU-based) company is known to adopt Good Manufacturing Practices (GMP).

In February 2022, CapsCanada, a Lyfe Group company, received approval for a liquid-filled aspirin capsule. This product is based on the PLxGuard drug delivery platform, aimed at delivering drugs into the targeted areas of the gastrointestinal tract.