The Empty Capsules Market size was valued at USD 2.68 Billion in 2023, and it is expected to reach USD 4.65 Billion by 2030, exhibiting a CAGR of 8.2 % during the forecast period. Empty capsules are solid dosage forms of medicaments, in which the drug is enclosed within shells made up of gelatin. They are the most common option to store herbs, powders, and medicines used by many pharmaceuticals, cosmetic, and dietary companies. Empty capsules are found in different sizes, ranging from size 000 (the largest) to size 5 (the smallest), with different colors and selected flavors to make the brand differentiate from the rest. The increased prevalence of chronic diseases such as cardiovascular disease, diabetes, cancer, and gastrointestinal disorders is driving the market growth. Key market players in empty capsule have been supplying empty capsules at lower prices to the pharmaceutical industry and hence the competition in the market leaders and followers is stiff, which is the biggest barrier for new entrants and challenge for the small and medium players.Chronic diseases, including cancer, cardiovascular diseases, diabetes, and respiratory diseases, are responsible for the greatest number of fatalities in 2022, resulting in an increase in R&D for the development of medicines or treatment for these diseases at a lower cost. The Empty Capsules market is highly competitive, with several key players competing at local level as well globally. The empty capsules market is dominated by the top three companies namely, Capsugel, ACG Worldwide, and Qualicaps. Some of the other key players in this market are Suheung Co. Ltd., Medicaps Limited, and CapsCanada Corporation. Medi-Caps Limited is one of the largest manufacturers of empty hard gelatin capsules in India. It has diversified its product range for empty capsules, and it offers six sizes ranging from 00, 0, 1el, 1, 2, 3, and 4, fortified in more than 1,000 shades.To know about the Research Methodology:-Request Free Sample Report Number of deaths caused by selected chronic diseases worldwide as of 2020 (in 1,000)
Commercialization of Drug Delivery Systems Using Gelatin Capsules The rapid growth of the gelatin capsules market in various regions such as North America and Europe is expected further drive the growth of the empty capsules market. Gelatin capsules are popular among consumers due to their numerous advantages, considered to benefit those suffering from arthritis and other joint and skin problems.Demand for empty capsules is expected to be high for gelatin capsules (hard and soft capsules), as they serve as excellent carriers capable of encapsulating both hydrophilic and lipophilic medicines and providing degradation protection. Furthermore, they have higher absorption rates and can serve as an effective solubilizing matrix. Gelatin-based IR, ER, and DR formulations perform standard formulations, resulting in higher patient compliance and efficacy. These advantages lead to the greater popularity of gelatin-based capsules, which propels the global empty capsules market. Based on low toxicity, non-antigenicity, high stability, and high nutritional value parameters, gelatin capsules manufactured from bovine, porcine, and marine have proved to be more advantageous than other natural gelatins. Empty gelatin capsules display high sustained release of many medicines due to strong adsorption capacity, followed by high dispersion ability in the water. Rising demand for nutraceuticals Nutraceutical products are often high in fiber, antioxidants, heart-healthy ingredients, vitamins and minerals, omega-3 fatty acids, vitamin D, calcium, and whole grains. The rising prevalence of non - communicable diseases such as cancer, diabetes, heart disease, and lung problems has increased the demand for nutraceuticals. Furthermore, personal health has gained prominence in a huge portion of the global population during the COVID-19 pandemic. This tendency has poised the nutraceutical industry for significant growth and success in the future years. This is a positive indicator of market growth because most nutraceuticals are sold in capsule form. The growth of the nutraceuticals business has given the worldwide empty capsules market a boom. Nutraceuticals have grown in popularity across a wide spectrum of demographics and regions due to their ease of use in supplementing a normal diet and helping individuals in maintaining optimum health. The rising adoption of unhealthy lifestyles by urban consumers throughout the world, particularly in developed regions, has resulted in increased demand for nutraceuticals, which is expected to remain a significant driver for the global empty capsules market in the coming years. Apart from nutraceuticals, the pharmaceutical industry's growth into the cosmeceuticals sector offers great promise for the empty capsules market.
Empty Capsules Market Dynamics:
Empty Capsules Market Driven by Preventive Care Emphasis Capsule formulation is a better option for people who are not able to swallow pills and for medicines that must be protected from the acidic environment of the stomach. Increased consumer interest in health and wellness can be attributed to a rise in sales of vitamins, minerals, and supplements. This is increasing the demand for empty pill capsules. The global market for empty capsules is growing as people become more aware of the significance of living a healthy lifestyle. The effectiveness of dietary supplements has increased consumer demand for vitamin supplements. The increase in physician recommendations for vitamins, minerals, and supplements as preventative care for illnesses in individuals who have trouble swallowing is a significant driver propelling the global empty capsules market during the forecast period. Increased Demand for Supplements and Improved Awareness of Preventive Medicines The use of capsules in the manufacturing of drugs has grown due to characteristics like biodegradability, rapid absorption rates, and ease of availability. The market is expected to grow at a rapid rate during the forecast period. Several new clinical studies are being conducted in order to encapsulate novel and existing drugs, as well as cardiovascular therapies. Ingredients can be encapsulated through automation processes and it does not need a manual load to be rearranged. The global empty capsules market is expected to be driven by an increase in supplement demand, an increase in marketing operations to promote gelatin or non-gelatin capsules, and an increase in knowledge about the use of preventative medications. As a result, manufacturers are increasing their production of empty medicine capsules. Growth in capsule production in emerging countries The traditionally profitable pharmaceuticals market is becoming difficult to grow in because of the diminishing drug pipeline, government-induced cost-cutting pressures, and regulations on innovative products. This encourages pharmaceutical companies to move their manufacturing facilities closer to high-growth developing regions. Manufacturers can profit from low-cost manufacturing as well as many financial benefits such as favorable tax rates and flexible manufacturing regulatory rules. A number of large pharmaceutical companies are either planning capacity expansions at existing facilities in emerging markets or establishing new manufacturing plants in emerging regions such as China and India. These investments are contributing to the growth of pharmaceutical manufacturing, which in turn is increasing the demand for empty capsules. Market Restraint Rising raw material prices, as well as cultural and religious concerns regarding the use of capsules containing animal-derived inactive ingredients such as porcine and bovine gelatin capsule shells, are limiting the market's growth during the forecast period.
Empty Capsules Market Segment Analysis:
By Type, the gelatin capsules segment held largest market share of over 78% and is expected to continue its market dominance during the forecast period. Gelatin capsules are a popular alternative to capsule shells thanks to their several benefits, including rapid drug release, uniform drug mixing, and a barrier to atmospheric oxygen. Gelatin is being used in pharmaceutical products due to factors such as easy availability of raw ingredients, low cost, and simple manufacturing processes. Companies have adopted cost-effective alternatives such as gelatin for capsule manufacture because it reduces the operating costs in the pharmaceutical industry.By Application, the vitamin and dietary supplements segment accounted for the majority of the global empty capsules market in 2022. Adoption of preventative care measures by the population is expected to boost the vitamin & dietary supplements sector during the forecast period. Increased investments by major players in vitamin and dietary supplements as well as favorable trade regulations for dietary supplement import and export are expected to boost the vitamin and dietary supplements segment throughout the forecast period. Antibiotics and anti-bacterial medicines are used to prevent or treat microbial illnesses. The rising prevalence of infectious diseases, the high demand for antibiotics from low and middle-income countries, and major pharmaceutical companies' increasing investments in R&D activities are the key factors driving the empty capsules market for the manufacture of antibiotics and anti-bacterial preparations. By Functionality, the immediate-release capsules segment is expected to have the largest CAGR during the forecast period. Instant-release capsules provide an immediate effect after intake. As a result, these capsules are used in the manufacture of a variety of medical products, including antacids and pain medications. These reasons fuel global demand for immediate-release capsules. By End-user, the pharmaceutical industry segment is expected to grow rapidly over the forecast period due to the growth of the pharmaceutical industry and the increased use of capsules for various purposes. Pharmaceuticals are the greatest end-user of empty capsules (soft and hard capsules). The segment is being propelled by constant advancements in the pharmaceutical industry and frequent outbreaks of chronic illnesses throughout the world.
Empty Capsules Market Regional Insights
North America is expected to hold 36.5 % of the global empty capsules market during the forecast period. Rising pharmaceutical and nutraceutical consumption, the existence of leading market players, a growing consumer preference for vegetarian empty capsules, favorable government support, and a rising need for preventative care all fuel demand in the region. Because of poor lifestyle choices in the United States, there has been a significant increase in demand for nutraceuticals to regulate adequate nutrient consumption, boosting sales of empty supplement capsules and empty vitamin capsules. Similarly, increased vegetarian empty capsule awareness and the availability of technologically improved empty capsule filling machines will drive sales of empty HPMC and empty pullulan capsules in the United States by 2030. The Asia Pacific region is expected to grow faster in the Global Empty Capsules Market over the forecast period. The key attributable factors include the proliferation of pharmaceutical industries in this region, favorable government initiatives pertaining to the development of healthcare infrastructure, and the increasing demand for nutraceuticals and cosmeceuticals due to increased awareness about wellness trends and fitness-oriented changing lifestyles. Empty medicine capsule use is expected to grow at a healthy rate in Japan, owing to increased usage by the geriatric population and growing consumer knowledge about the advantages of capsules over other forms. Similarly, increased investments in the healthcare industry and the growth of the pharmaceutical sector are predicted to drive demand in Japan. The availability of modern empty capsule filling machines, as well as the rapid growth of the gelation empty capsules market, is likely to boost the market growth in the country throughout the forecast period.Report Scope and Research Methodology:
The bottom-up approach has been used to estimate the market size of the global Empty Capsules market. To collect both qualitative and quantitative insights, in-depth primary interviews with market participants along the whole value chain in each of the regions have been conducted. A special focus has been given to each economy and arrived at a market estimate for region and globally. Primary and secondary data collection methods have been used to collect the data. The secondary sources include annual reports, Journals, Paid Database, Trending Economics, Hoovers, Factiva, and several other governmental and commercial websites that were utilized to collect data on important vendors' revenues as part of the research technique used to estimate and forecast the size of the plastic additives market. Primary interviews were carried out with stakeholders in the industry that including manufacturers, end users, and consultants. A combination of secondary and primary data collection made this report authentic.Empty Capsules Industry Ecosystem
Empty Capsules Market Scope: Inquire before buying
Empty Capsules Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 2.68 Bn. Forecast Period 2024 to 2030 CAGR: 8.2% Market Size in 2030: USD 4.65 Bn. Segments Covered: by Type Gelatin Capsules Non-gelatin Capsules by Functionality Immediate-release Capsules Sustained-release Capsules Delayed-release Capsules by Application Antibiotic & Antibacterial Drugs Vitamin & Dietary Supplements Antacid & Antiflatulent Preparations Cardiovascular Therapy Drugs Other by End-User Pharmaceutical Industry Nutraceutical Industry Other Empty Capsules Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Empty Capsules Market, Key Players are:
1. ACG (India) 2. Sunil Healthcare Limited. (India) 3. H & CARE Incorp. (India) 4. SavoiurCaps (India) 5. Comed Chemicals Limited. (India) 6. NATURAL CAPSULES LIMITED (India) 7. HealthCaps India Ltd. (India) 8. Erawat Pharma Limited. (India) 9. Fortcaps Healthcare Ltd. (India) 10. Nectar Lifesciences Limited (India) 11. Bio Caps India Ltd. (India) 12. NecLife Lifesciences Ltd (India) 13. Medi-Caps Ltd. (India) 14. Wuhan Carma Technology Co., Ltd. (China) 15. SHAOXING KANGKE CAPSULE CO.,LTD (China) 16. SNAIL PHARMA INDUSTRY (China) 17. AIPAK PHARMA (China) 18. SUHEUNG co., ltd. (South Korea) 19. CapsCanada (US) 20. Bright Pharma Caps (US) 21. QUALICAPS-MCG (US) 22. Roxlor Llc (US) 23. Roxlor Group (US) 24. Capsuline (US) 25. Lonza Group AG (Switzerland) FAQs: 1. Which is the potential market for Empty Capsules in terms of the region? Ans. In the Asia Pacific region, the proliferation of pharmaceutical industries in this region, favorable government initiatives pertaining to the development of healthcare infrastructure, and the increasing demand for nutraceuticals and cosmeceuticals are expected to drive the market. 2. What is expected to drive the growth of the Empty Capsules market in the forecast period? Ans. Commercialization of Drug Delivery Systems Using Gelatin Capsules is a major factor driving the market growth during the forecast period. 3. What is the projected market size & growth rate of the Empty Capsules Market? Ans. The empty Capsules Market was valued at USD 2.68 Billion in 2023, and it is expected to reach USD 4.65 Billion by 2030, exhibiting a CAGR of 8.2% during the forecast period. 4. What segments are covered in the Empty Capsules Market report? Ans. The segments covered are Type, Application, Functionality, End-user, and region.
1. Empty Capsules Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Empty Capsules Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Global Presence 2.5.6. Key Development 2.5.7. Market Share 2.6. Ecosystem Analysis 2.6.1. Empty Capsules Market Role of Raw Material Vendors 2.6.2. Empty Capsules Market Role of Product Providers 2.6.3. Empty Capsules Market Role of End Users 2.6.4. Empty Capsules market role of Regulatory Autorities 2.6.5. Key players in the Empty Capsules ecosystem 2.6.6. Technology Analysis 2.6.6.1. Key Technologies 2.6.6.1.1. Advanced quality control systems 2.6.6.1.2. Automated encapsulation machines 2.6.6.2. Complementary Technology 2.6.6.2.1. 3D Printing 2.6.6.2.2. Enteric Capsule Technologies 2.6.6.3. Adjacent Technologies 2.6.6.3.1. Nanotechnology 2.6.6.3.2. AI in Capsule Manufacturing 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Consolidation of the Market 2.8.1. Strategic Initiatives and Developments 2.8.2. Mergers and Acquisitions 2.8.3. Collaborations and Partnerships 2.8.4. Product Launches and Innovations 3. Empty Capsules Market: Dynamics 3.1. Empty Capsules Market Trends by Region 3.2. Empty Capsules Market Dynamics by Region 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Patent Analysis 3.7. Pricing Analysis 3.8. Trade Analysis 3.9. Key Stakeholder and Buying Criteria 3.9.1. Influence of Stakeholders on the Buying Process for the Top Applications 3.9.2. Key Buying Criteria for Top Applications 3.10. Regulatory Landscape 3.10.1. Regulation by Region 3.10.2. Regulatory Scenario 3.10.3. Tariff and Taxes 3.10.4. Analysis of Government Schemes and Initiatives on the Global Empty Capsules Industry 4. Empty Capsules Market: Global Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 4.1. Empty Capsules Market Size and Forecast, by Type (2023-2030) 4.1.1. Gelatin Capsules 4.1.2. Non-gelatin Capsules 4.2. Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 4.2.1. Immediate-release Capsules 4.2.2. Sustained-release Capsules 4.2.3. Delayed-release Capsules 4.3. Empty Capsules Market Size and Forecast, by Application (2023-2030) 4.3.1. Antibiotic & Antibacterial Drugs 4.3.2. Vitamin & Dietary Supplements 4.3.3. Antacid & Antiflatulent Preparations 4.3.4. Cardiovascular Therapy Drugs 4.3.5. Others 4.4. Empty Capsules Market Size and Forecast, by End-User (2023-2030) 4.4.1. Pharmaceutical Industry 4.4.2. Nutraceutical Industry 4.4.3. Other 4.5. Empty Capsules Market Size and Forecast, by Region (2023-2030) 4.5.1. North America 4.5.2. Europe 4.5.3. Asia Pacific 4.5.4. South America 4.5.5. MEA 5. North America Empty Capsules Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 5.1. North America Empty Capsules Market Size and Forecast, by Type (2023-2030) 5.1.1. Gelatin Capsules 5.1.2. Non-gelatin Capsules 5.2. North America Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 5.2.1. Immediate-release Capsules 5.2.2. Sustained-release Capsules 5.2.3. Delayed-release Capsules 5.3. North America Empty Capsules Market Size and Forecast, by Application (2023-2030) 5.3.1. Antibiotic & Antibacterial Drugs 5.3.2. Vitamin & Dietary Supplements 5.3.3. Antacid & Antiflatulent Preparations 5.3.4. Cardiovascular Therapy Drugs 5.3.5. Other 5.4. North America Empty Capsules Market Size and Forecast, by End-User (2023-2030) 5.4.1. Pharmaceutical Industry 5.4.2. Nutraceutical Industry 5.4.3. Other 5.5. North America Empty Capsules Market Size and Forecast, by Country (2023-2030) 5.5.1. United States 5.5.1.1. United States Empty Capsules Market Size and Forecast, by Type (2023-2030) 5.5.1.1.1. Gelatin Capsules 5.5.1.1.2. Non-gelatin Capsules 5.5.1.2. United States Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 5.5.1.2.1. Immediate-release Capsules 5.5.1.2.2. Sustained-release Capsules 5.5.1.2.3. Delayed-release Capsules 5.5.1.3. United States Empty Capsules Market Size and Forecast, by Application (2023-2030) 5.5.1.3.1. Antibiotic & Antibacterial Drugs 5.5.1.3.2. Vitamin & Dietary Supplements 5.5.1.3.3. Antacid & Antiflatulent Preparations 5.5.1.3.4. Cardiovascular Therapy Drugs 5.5.1.3.5. Other 5.5.1.4. United States Empty Capsules Market Size and Forecast, by End-User (2023-2030) 5.5.1.4.1. Pharmaceutical Industry 5.5.1.4.2. Nutraceutical Industry 5.5.1.4.3. Other 5.5.2. Canada 5.5.2.1. Canada Empty Capsules Market Size and Forecast, by Type (2023-2030) 5.5.2.1.1. Gelatin Capsules 5.5.2.1.2. Non-gelatin Capsules 5.5.2.2. Canada Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 5.5.2.2.1. Immediate-release Capsules 5.5.2.2.2. Sustained-release Capsules 5.5.2.2.3. Delayed-release Capsules 5.5.2.3. Canada Empty Capsules Market Size and Forecast, by Application (2023-2030) 5.5.2.3.1. Antibiotic & Antibacterial Drugs 5.5.2.3.2. Vitamin & Dietary Supplements 5.5.2.3.3. Antacid & Antiflatulent Preparations 5.5.2.3.4. Cardiovascular Therapy Drugs 5.5.2.3.5. Other 5.5.2.4. Canada Empty Capsules Market Size and Forecast, by End-User (2023-2030) 5.5.2.4.1. Pharmaceutical Industry 5.5.2.4.2. Nutraceutical Industry 5.5.2.4.3. Other 5.5.3. Mexico 5.5.3.1. Mexico Empty Capsules Market Size and Forecast, by Type (2023-2030) 5.5.3.1.1. Gelatin Capsules 5.5.3.1.2. Non-gelatin Capsules 5.5.3.2. Mexico Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 5.5.3.2.1. Immediate-release Capsules 5.5.3.2.2. Sustained-release Capsules 5.5.3.2.3. Delayed-release Capsules 5.5.3.3. Mexico Empty Capsules Market Size and Forecast, by Application (2023-2030) 5.5.3.3.1. Antibiotic & Antibacterial Drugs 5.5.3.3.2. Vitamin & Dietary Supplements 5.5.3.3.3. Antacid & Antiflatulent Preparations 5.5.3.3.4. Cardiovascular Therapy Drugs 5.5.3.3.5. Other 5.5.3.4. Mexico Empty Capsules Market Size and Forecast, by End-User (2023-2030) 5.5.3.4.1. Pharmaceutical Industry 5.5.3.4.2. Nutraceutical Industry 5.5.3.4.3. Other 6. Europe Empty Capsules Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 6.1. Europe Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.2. Europe Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.3. Europe Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.4. Europe Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5. Europe Empty Capsules Market Size and Forecast, by Country (2023-2030) 6.5.1. United Kingdom 6.5.1.1. United Kingdom Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.1.2. United Kingdom Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.1.3. United Kingdom Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.1.4. United Kingdom Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.2. France 6.5.2.1. France Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.2.2. France Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.2.3. France Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.2.4. France Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.3. Germany 6.5.3.1. Germany Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.3.2. Germany Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.3.3. Germany Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.3.4. Germany Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.4. Italy 6.5.4.1. Italy Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.4.2. Italy Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.4.3. Italy Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.4.4. Italy Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.5. Spain 6.5.5.1. Spain Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.5.2. Spain Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.5.3. Spain Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.5.4. Spain Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.6. Sweden 6.5.6.1. Sweden Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.6.2. Sweden Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.6.3. Sweden Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.6.4. Sweden Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.7. Austria 6.5.7.1. Austria Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.7.2. Austria Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.7.3. Austria Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.7.4. Austria Empty Capsules Market Size and Forecast, by End-User (2023-2030) 6.5.8. Rest of Europe 6.5.8.1. Rest of Europe Empty Capsules Market Size and Forecast, by Type (2023-2030) 6.5.8.2. Rest of Europe Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 6.5.8.3. Rest of Europe Empty Capsules Market Size and Forecast, by Application (2023-2030) 6.5.8.4. Rest of Europe Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7. Asia Pacific Empty Capsules Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 7.1. Asia Pacific Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.3. Asia Pacific Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.4. Asia Pacific Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5. Asia Pacific Empty Capsules Market Size and Forecast, by Country (2023-2030) 7.5.1. China 7.5.1.1. China Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.1.2. China Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.1.3. China Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.1.4. China Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.2. S Korea 7.5.2.1. S Korea Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.2.2. S Korea Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.2.3. S Korea Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.2.4. S Korea Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.3. Japan 7.5.3.1. Japan Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.3.2. Japan Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.3.3. Japan Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.3.4. Japan Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.4. India 7.5.4.1. India Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.4.2. India Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.4.3. India Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.4.4. India Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.5. Australia 7.5.5.1. Australia Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.5.2. Australia Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.5.3. Australia Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.5.4. Australia Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.6. ASEAN 7.5.6.1. ASEAN Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.6.2. ASEAN Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.6.3. ASEAN Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.6.4. ASEAN Empty Capsules Market Size and Forecast, by End-User (2023-2030) 7.5.7. Rest of Asia Pacific 7.5.7.1. Rest of Asia Pacific Empty Capsules Market Size and Forecast, by Type (2023-2030) 7.5.7.2. Rest of Asia Pacific Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 7.5.7.3. Rest of Asia Pacific Empty Capsules Market Size and Forecast, by Application (2023-2030) 7.5.7.4. Rest of Asia Pacific Empty Capsules Market Size and Forecast, by End-User (2023-2030) 8. South America Empty Capsules Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 8.1. South America Empty Capsules Market Size and Forecast, by Type (2023-2030) 8.2. South America Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 8.3. South America Empty Capsules Market Size and Forecast, by Application (2023-2030) 8.4. South America Empty Capsules Market Size and Forecast, by End-User (2023-2030) 8.5. South America Empty Capsules Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Empty Capsules Market Size and Forecast, by Type (2023-2030) 8.5.1.2. Brazil Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 8.5.1.3. Brazil Empty Capsules Market Size and Forecast, by Application (2023-2030) 8.5.1.4. Brazil Empty Capsules Market Size and Forecast, by End-User (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Empty Capsules Market Size and Forecast, by Type (2023-2030) 8.5.2.2. Argentina Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 8.5.2.3. Argentina Empty Capsules Market Size and Forecast, by Application (2023-2030) 8.5.2.4. Argentina Empty Capsules Market Size and Forecast, by End-User (2023-2030) 8.5.3. Rest of South America 8.5.3.1. Rest of South America Empty Capsules Market Size and Forecast, by Type (2023-2030) 8.5.3.2. Rest of South America Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 8.5.3.3. Rest of South America Empty Capsules Market Size and Forecast, by Application (2023-2030) 8.5.3.4. Rest of South America Empty Capsules Market Size and Forecast, by End-User (2023-2030) 9. Middle East and Africa Empty Capsules Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 9.1. Middle East and Africa Empty Capsules Market Size and Forecast, by Type (2023-2030) 9.2. Middle East and Africa Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 9.3. Middle East and Africa Empty Capsules Market Size and Forecast, by Application (2023-2030) 9.4. Middle East and Africa Empty Capsules Market Size and Forecast, by End-User (2023-2030) 9.5. Middle East and Africa Empty Capsules Market Size and Forecast, by Country (2023-2030) 9.5.1. South Africa 9.5.1.1. South Africa Empty Capsules Market Size and Forecast, by Type (2023-2030) 9.5.1.2. South Africa Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 9.5.1.3. South Africa Empty Capsules Market Size and Forecast, by Application (2023-2030) 9.5.1.4. South Africa Empty Capsules Market Size and Forecast, by End-User (2023-2030) 9.5.2. GCC 9.5.2.1. GCC Empty Capsules Market Size and Forecast, by Type (2023-2030) 9.5.2.2. GCC Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 9.5.2.3. GCC Empty Capsules Market Size and Forecast, by Application (2023-2030) 9.5.2.4. GCC Empty Capsules Market Size and Forecast, by End-User (2023-2030) 9.5.3. Rest of MEA 9.5.3.1. Rest of MEA Empty Capsules Market Size and Forecast, by Type (2023-2030) 9.5.3.2. Rest of MEA Empty Capsules Market Size and Forecast, by Functionality (2023-2030) 9.5.3.3. Rest of MEA Empty Capsules Market Size and Forecast, by Application (2023-2030) 9.5.3.4. Rest of MEA Empty Capsules Market Size and Forecast, by End-User (2023-2030) 10. Company Profile: Key Players 10.1. ACG (India) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis (Technological strengths and weaknesses) 10.1.5. Strategic Analysis (Recent strategic moves) 10.1.6. Recent Developments 10.2. Sunil Healthcare Limited. (India) 10.3. H & CARE Incorp. (India) 10.4. SavoiurCaps (India) 10.5. Comed Chemicals Limited. (India) 10.6. NATURAL CAPSULES LIMITED (India) 10.7. HealthCaps India Ltd. (India) 10.8. Erawat Pharma Limited. (India) 10.9. Fortcaps Healthcare Ltd. (India) 10.10. Nectar Lifesciences Limited (India) 10.11. Bio Caps India Ltd. (India) 10.12. NecLife Lifesciences Ltd (India) 10.13. Medi-Caps Ltd. (India) 10.14. Wuhan Carma Technology Co., Ltd. (China) 10.15. SHAOXING KANGKE CAPSULE CO.,LTD (China) 10.16. SNAIL PHARMA INDUSTRY (China) 10.17. AIPAK PHARMA (China) 10.18. SUHEUNG co., ltd. (South Korea) 10.19. CapsCanada (US) 10.20. Bright Pharma Caps (US) 10.21. QUALICAPS-MCG (US) 10.22. Roxlor Llc (US) 10.23. Roxlor Group (US) 10.24. Capsuline (US) 10.25. Lonza Group AG (Switzerland) 11. Key Findings and Analyst Recommendations 11.1. Attractive Opportunities for Players in the Empty Capsules Market 12. Empty Capsules Market: Research Methodology 13. Market Size Estimation Methodology 13.1. Research Data 13.1.1. Secondary Data 13.1.1.1. Key data from Secondary Sources 13.1.2. Primary Data 13.1.2.1. Key data from primary Sources 13.1.2.2. Breakdown of primaries 13.1.3. Demand Side Analysis 13.1.4. Supply Side Analysis 13.1.5. Data Triangulation 13.1.6. Research Assumptions
