Vegetarian Capsules Market Share and Business Opportunities 2031
Vegetarian Capsules Market: Strategic Insights
Vegetarian Capsules Market
-
CAGR (2023 - 2031)8.4% -
Market Size 2023
US$ 1.8 billion -
Market Size 2031
US$ 3.5 billion
Market Dynamics
GROWTH DRIVERS
- Rising Preference for Vegan Capsules Over Gelatin-Based Capsules
FUTURE TRENDS
- Outsourcing of vegetarian capsule
OPPORTUNITIES
- Growing Demand for Vegetable Capsules Despite Their High Cost
Key Players
- Shanxi Guangsheng Medicinal Capsules GS Capsules
- Lefancaps
- SUHEUNG
- ACG
- Capsugel Inc Subsidiary of Lonza Group AG
- HealthCaps India
- NATURAL CAPSULES LIMITED
- Sunil Healthcare Limited
- QUALICAPS
- Zhejiang Honghui Capsule Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product
- Hydroxypropyl Methyl Cellulose
- Pullulan
Application
- Antibiotic and Antibacterial Drugs
- Vitamin and Dietary Supplements
- Anti-inflammatory
- Cardiovascular Therapy
- Antacid and Antiaffluent
Functionality
- Immediate-Release
- Sustained-Release
- Delayed-Release
End User
- Pharmaceutical Industry
- Nutraceutical Industry
- Contract Manufacturing Organizations
- Cosmetic Industry