Non-Gelatin Empty Capsules Market Scope and Analysis Report by 2030
Non-Gelatin Empty Capsules Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2.33 Billion |
Market Size by 2030 | US$ 4.64 Billion |
Global CAGR (2022 - 2030) | 9.0% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Key Player Analysis:
LonzaGroup (Capsugel), Mitsubishi Chemical Holdings Corporation (Qualicaps, Inc.), Erawat Pharma Limited, ACG Worldwide, Suheung Capsule, Sunil Healthcare, CapsCanada Corporation, BrightCaps GmbH, Natural Capsules Limited, and Healthcaps India Limited are among the key players profiled in the non-gelatin empty capsules market report.
Recent Developments:
Companies operating in the non-gelatin empty capsules market adopt mergers and acquisitions as key growth strategies. 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 strengthen its technological expertise and expand its footprint in North America and across the world.
- 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 products with particular regulatory specifications in the region.