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Empty Capsules Market Size

Report ID: GMI8344
Published Date: Nov 2024
Report Format: PDF

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Empty Capsules Market Size

The empty capsules market was valued at USD 3.1 billion in 2023 and is estimated to grow at a CAGR of 6.3% from 2024 to 2032. The rising demand for dietary supplements and nutraceuticals, driven by increasing health awareness and preventive healthcare trends, has significantly boosted capsule consumption. Additionally, the pharmaceutical industry is increasingly favoring capsule formulations for their ease of swallowing, taste-masking capabilities, and potential for controlled release, leading to a preference over traditional tablet forms.

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Empty capsules are pharmaceutical containers made primarily from gelatin or other polymers, designed to be filled with various substances such as powders, granules, and liquids. These capsules offer an efficient means of delivering medication, providing advantages such as masking unpleasant tastes and enabling controlled release of active ingredients. Empty capsules are available in various types, with the choice of capsule type and material often based on desired release profiles, stability, and compatibility with the encapsulated substance.

Empty Capsules Market Report Attributes
Report Attribute	Details
Base Year:	2023
Empty Capsules Market Size in 2023:	USD 3.1 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	6.3%
2024 – 2032 Value Projection:	USD 5.3 Billion
Historical Data for:	2021 - 2023
No. of Pages:	130
Tables, Charts & Figures:	117
Segments covered:	Type, Functionality, Application, End Use, and Region
Growth Drivers:	Increasing demand for nutraceuticals and dietary supplements Growth of pharmaceutical industry Preference for capsule-based dosage forms
Pitfalls & Challenges:	Quality control and consistency High production costs

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global empty capsules was reached USD 3.1 billion in 2023 and is estimated to grow at a 6.3% CAGR from 2024 to 2032, driven by the rising demand for dietary supplements and nutraceuticals.

The gelatin segment dominated the empty capsules market in 2023 and is expected to grow at a 6.5% CAGR up to 2032, led by its widespread use in various applications.

The U.S. empty capsules market is poised to attain about 5.8% CAGR through 2032, propelled by the growth of the pharmaceutical industry and increasing health awareness.

Key players in the empty capsules industry include ACG, BioCaps Enterprise, Bright Pharma Caps, CapsCanada Corporation, Chemcaps Limited, Fortcaps Healthcare, HealthCaps India, Lonza Group, Medi-Caps, Nectar Lifesciences, Qualicaps, Shanxi JC Biological Technology, Suheung, and Sunil Healthcare.