The report is titled ‘Pharmaceutical Empty Capsules Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the Pharmaceutical Empty Capsules market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Pharmaceutical Empty Capsules market is expected to grow at a significant rate in the near future.
In 2019, the global pharmaceutical empty capsules market was valued at US$ 1,861.3 Mn and is estimated to reach at a value of US$ 1,972.1 Mn by the end of 2020, with a growth rate of 6.0%.
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Pharmaceutical Empty Capsules Introduction
It is significant to note that capsules are the second most commonly used drug delivery dosage form, following closely the tablets. Attributing to their extreme flexibility in the context of usefulness and stuffing material, they are well-known in the pharmaceutical domain as well as the nutraceutical industry. Empty capsules can be perceived as stable cartridges or shells that have the capacity to contain or encapsulate medications, which are administered in a range of dosage forms.
Empty capsules are broadly available in two kinds in the market known as, soft gelatin capsules and hard gelatin capsules. Empty capsules also come in a wide range of sizes, starting from size 000, which is the largest, to size 5 that is the smallest, as well as different flavors and colors.
Pharmaceutical Empty Capsules Market Dynamics
Some of the primary factors that are majorly driving the pharmaceutical empty capsules market is the rise in chronic medical conditions among the population as well as growing geriatric population around the world, which is boosting the demand of empty capsules rapidly. In addition to that, the constantly evolving pharmaceutical domain as well as increased number of clinical trials, in the present times, is also expected to accelerate the growth of the global pharmaceutical empty capsules market in the following years. Other than that, the rising health awareness among the population is rapidly driving the demand of dietary supplements across the global markets. As a matter of fact, capsules are not only the exceptional approach of delivery but have been in service for several years. Among its well-known attributes, capsules provide the convenience to personalize the supplements in various forms. Attributing to which, the global pharmaceutical empty capsules market is estimated to grow expeditiously in the coming years.
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Pharmaceutical Empty Capsules Market Segmentation
By Product Type
- Oral Capsules
- Dry Formulation
- Liquid Formulation
- Inhalational Capsules
By Raw Materials
- Animal Source
- Contract Type-A (Pork Skin
- Type-B Gelatin (Animal Bones & Calf Skin)
- Fish Bone Gelatin
- Vegetarian-Based
- HydroxyPropyl Methyl Cellulose (HPMC)
- Starch
- Pullulan
By Functionality
- Immediate-release Capsules
- Delayed-release Capsules
- Acid-resistant Capsules
- Colonic Release Capsules
- Intrinsic Enteric Capsule
By Application
- Proton Pump Inhibitor
- Antibiotic & Antibacterial Drugs
- Antianemic Preparations
- Anti-inflammatory Drugs
- Cardiovascular Therapy Drugs
- Cough & Cold Drug Preparations
- Other Therapeutic Applications
By Capsules Size
- Size “000” Capsules
- Size “00” Capsules
- Size “0” Capsules
- Size “1” Capsules
- Size “2” Capsules
- Size “3” Capsules
- Size “4” Capsules
- Size “5” Capsules
- Size “9” Capsules
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Pharmaceutical Empty Capsules Market Key Players
The key participating players of the global pharmaceutical empty capsules market include Capsugel (Lonza), ACG Worldwide, Medi-Caps Limited, Sunil Healthcare Limited, Roxlor LLC, CapsCanada Corporation, Suheung Co., Ltd., Bright Pharma Caps, STERIS Plc, Fuji Capsule Co. Ltd., and QUALICAPS, among others.
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