Two-Piece Empty Hard Capsule Market Report values, Business Dynamics and Forecast 2027

 Global Two-Piece Empty Hard Capsule Market Research Report: Information by Raw Material (Gelatin, HPMC (Hydroxypropyl Methylcellulose) and Starch & Pullulan), End Use (Pharmaceuticals, Health & Nutrition and others) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) – Forecast till 2023

 
Two-Piece Empty Hard Capsule Market Overview

Conventional capsules are commonly used in medicines that are ingested orally and contain different active ingredients, either in the form of a paste, suspension, or liquid. Patients prefer capsules because they are easier to chew than tablets and have no unpleasant taste or scent.

According to Market Research Future (MRFR), Global Two-piece Empty Hard Capsule Market is projected to reach USD 2,585.7 million by 2023 at a CAGR of 7.23% during the forecast period. The report examines the global demand of Global Two-piece Empty Hard Capsule across key regions and provides detailed qualitative insights.

 

Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/6284

Two-Piece Empty Hard Capsule Market Dynamics

Growing investments in empty hard capsule manufacturing plants, growing demand for kosher- and halal-certified capsules and increasing applications in nutraceutical diseases are major drivers for the growth of global two-piece empty hard capsule market. One such example, in August 2016, ACG Worldwide invested 1,85 billion baht to build a capsule factory in Rayong (Thailand). In addition, in March 2015, Capsugel (now Lonza Company) spent more than USD 25 million to expand the production capacity of the vegetarian capsule portfolio of the firm. Nevertheless, the growth of the market is restricted by the heavy cost of vegetarian capsules and fluctuating raw material prices during the forecast period.

Two-Piece Empty Hard Capsule Market Segmentation

The global two-piece empty hard capsules have been segmented into raw material and end-use.

Based on raw material, the global market was divided into gelatin, non gelatin, and starch & pullulan. Gelatin capsules are further categorized as hard gelatin capsules (HGCs) and soft gelatin capsules (SGCs). The gelatin capsule segment dominated the global market in 2017, and its beneficial properties, such as thermo-reversibility and tableting, non-allergenicity, viscoelasticity, and biocompatibility, are expected to remain dominant over the forecast period. Whereas, the segment of non-gelatin capsules is expected to grow at the fastest rate during the forecast period. Non-gelatin capsules such as hydroxypropyl methylcellulose (HPMC) capsules have gained popularity in the pharmaceutical and nutraceutical sectors, which have contributed to the sustained growth of this segment on the global market.

Based on end-use, the consumer industry has been listed as pharmaceuticals, health & nutrition, and others. Pharmaceuticals is currently accounted for 48.90% of the market share and can lead the market during the forecast period, whereas nutraceutical capsules are expected to register the fastest CAGR by 2018.

Two-Piece Empty Hard Capsule Market Regional Analysis

Region-wise, the Two-Piece Empty Hard Capsule Market is divided into the United States of America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Due to the rising preference for capsule dosage forms and the increasing pharmaceutical manufacturing industries, the United States of America is expected to dominate the global two-piece empty hard capsule market during the forecast period. The European market for the two-piece empty hard capsule is projected to be the second largest in the forecast period. The rising demand for capsule dosage forms and the growing pharmaceutical manufacturing industries are driving the growth of the industry.

Asia-Pacific is expected to be the fastest-growing market due to the expansion of pharmaceutical industries in the region, favourable government initiatives in the healthcare sector, and an increasing pharmaceutical manufacturing industry.

The Middle East and Africa region is an emerging market for empty hard capsules, and are expected to rise slowly over the forecast period. The demand for empty hard capsules in Latin America is expected to see modest growth in the years ahead.

Two-Piece Empty Hard Capsule Industry News

CapsCanada increased its K-CAPS production potential by spending 28 million USD in February 2018. With this, the company aimed to increase its production of capsules to meet the growing global demand for K-CAPS in November 2016,

Capsugel introduced the first scientific demonstration of Vcaps Enteric Capsules and introduced the new developments at AAPS 2016.

Suheung America Corporation announced the introduction of the EMBO CAPS VG ALPHA in October 2017. With this introduction, the company has extended its product range for vegetarian capsules. The capsule was produced at the manufacturing facilities of the South Korean firm.

Obtain Premium Research Report Details @ https://www.marketresearchfuture.com/reports/two-piece-empty-hard-capsule-market-6284

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Comments

Post a Comment

Popular posts from this blog

Root Canal Market share Valuation, Trends and Forecast to 2027

  The Global Root Canal Market could touch the valuation of USD 21.0 billion by 2023, asserts Market Research Future (MRFR). It is expected to achieve a CAGR of 8.0 % during the forecast period (2017-2023). Growth Drivers and Key Barriers The global root canal market benefits from the rising demand for the treatment owing to the expanding population and the subsequent surge in the number of procedures performed. The boost in number of screenings, greater stress on restorative dental procedures, greater consumption of starch-rich diets and fast foods and rising efficacy, efficiency and success rate of root canal treatment has taken the market to greater heights.  Having said that, the high cost of root canal treatment could act as a barrier for the market in the near future. However, as product development is one of the best strategies for market growth, the market could observe exponential growth in the coming years. This factor stands true on the back of technological advancements
Read more

Hiv diagnosis treatment market size, Overview By , Share, Trends 2027

  Study objectives of Middle East and Africa HIV Diagnosis & Treatment Market: To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the  Middle East and Africa HIV Diagnosis & Treatment Market To provide insights about factors affecting the market growth in this region To analyze the Middle East and Africa HIV Diagnosis & Treatment Market based on various factors - price analysis, supply chain analysis, Porters Five Forces analysis etc. To provide historical and forecast revenue of the market segments and sub-segments with respect to two main geographies and their countries To provide detailed analysis of the market with respect to the current market size and future prospective To provide detailed analysis of the market for segments by diagnosis, by treatment, and its sub-segments. To provide overview of key players and their strategic profiling in the market, comprehensively analyzi
Read more