Vegetarian Capsule Material Market: Global Industry Analysis and Forecast (2021-2027) by Type, Application, and Region

Global Vegetarian Capsule Material Market size was valued at US$ 394 Mn. in 2020 and the total revenue is expected to grow at 8.5% through 2021 to 2027, reaching nearly US$ 697.5 Mn. in the forecast period. The global Vegetarian Capsule Material Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Vegetarian Capsule Material Market report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Vegetarian Capsule Material Market Overview:

Vegetarian Capsule Material is made from cellulose, cellulose is an important structural component present in plants. Hydroxypropyl methylcellulose (HPMC) is a major ingredient used in the Vegetarian Capsule Material. Vegetarian Capsule Material is also made from gelatin due to its cost-effectiveness. Global Vegetarian Capsule Material Market To know about the Research Methodology :- Request Free Sample Report

Global Vegetarian Capsule Material Market Dynamics:

Development in the Pharmaceutical industry and rapid pace of research and development is driving the Vegetarian Capsule Material market. Innovation in capsule manufacturing and advancement in delivery technologies are the key points for market growth. Vegetarian Capsule Materials have higher stability due to lower moisture content i.e. 3-7%. Cross-linking problems are absent in vegetarian capsules. Vegetarian Capsule Material shows tolerance towards fill composition as they are suitable for a variety of fill materials, including those containing the aldehydic group. Vegetarian Capsule Materials are non-degradable in light as compared to Gelatin and are degradable in heat above 80 degrees Celsius. Additionally, Vegetarian Capsule materials have high oxygen permeability and are soluble in water at room temperature. The above-mentioned factors have to provide technological advancement in the Vegetarian Capsule Material industry due to the wide range of functional properties and better stabilities than other materials used in capsule formation. This innovation regarding the durability of capsule shell, filler material, and capsule-sealing techniques are boosting the market growth. Additionally, concerning factors like target drug delivery, and to sustain in the gastric acid during the first-pass metabolism have developed the capsule-in-capsule technologies to avoid capsule deformations and achieve the target drug delivery in the human body. Moreover, Gastro-resistant capsules and modified-release capsules are expected to fuel the market in the pharmaceutical industry in near future. The factor that hampers the market growth of the vegetarian capsule material market is the high price of cellulose as compared to gelatin. As cellulose is a plant-based important structural component and gelatin is made from animal collagen.

Global Vegetarian Capsule Material Market Segment Analysis:

By Type, the segment is trifurcated into Plant Polysaccharides (Pullulan), Starch, HPMC (Hydroxy Propyl Methyl Celluloses). Hydroxy Propyl Methyl Celluloses (HPMC) is dominating the type segment of vegetarian capsules material market. The global HPMC market was valued at USD 4.7 billion in 2020 and is estimated to reach USD 5.6 billion with a growing CAGR of 3.2% in the forecast period. The Consumption of HPMC is higher in the end-user industries like construction and pharmaceutical. Pharmaceutical industries account for a majority of share regarding consumption as HPMC act as a basic ingredient. HPMC is popular matrix material use in the oral route of drug delivery system and shows sustained release patterns in two mechanisms like diffusion and erosion of the first layer that is gel. HPMC works in controlling both Hydrophobic and Hydrophilic drug release. Global Vegetarian Capsule Material Market By Application, the segment is divided into Antibiotic & Antibacterial Drugs, Dietary Supplements, Antacid & Anti-flatulent Preparations, Anti-anemic Preparations, Anti-inflammatory Drugs, Cardiovascular Therapy Drugs, Cough & Cold Drug, Others. Vegetarian capsules are widely used in Antacid & Anti-flatulent Preparations. A vegetarian capsule stands out and has better stability due to lower moisture content and lower hygroscopicity and higher stability in different temperatures and humidity, and sustain in gastric acid. Also, vegetarian capsules have no health risk and toxicity found in the human body as these capsules are 100%.

Global Vegetarian Capsule Material Market Regional Insights:

North America is dominating in vegetative capsule materials due to the presence of major market players in the region. Caps Canada is a leading provider of capsules for pharmaceutical drugs and dietary supplements. The company has announced to increase the manufacturing facility by 50%. The rising population and research and development facilities in the region are responsible to increase the market in the forecast period. The development in the health care facilities and development of technological investment in the region is further estimated to boost the market growth. North American dominates the Pharmaceutical manufacturing market by 40.2 % in 2020 and is likely to show favorable growth in the near future. The objective of the report is to present a comprehensive analysis of the global Vegetarian Capsule Material Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Vegetarian Capsule Material Market dynamics, structure by analyzing the market segments and project the global Vegetarian Capsule Material Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Vegetarian Capsule Material Market make the report investor’s guide.

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Global Vegetarian Capsule Material Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 394 Mn.
Forecast Period 2021 to 2027 CAGR: 8.5% Market Size in 2027: US $ 697.5 Mn.
Segments Covered: by Type • Hydroxypropyl Methyl Cellulose (HPMC) • Pullulan • Starch
by Application • Antibiotic & Antibacterial Drugs • Dietary Supplements • Antacid & Anti-flatulent Preparations • Anti-anemic Preparations • Anti-inflammatory Drugs • Cardiovascular Therapy Drugs • Cough & Cold Drugs • Others

Global Vegetarian Capsule Material Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global Vegetarian Capsule Material Market Key Player

• Casugel • ACG Worldwide • Bright Pharma Caps, Inc. • CapsCanada • Capsugel • Health camps India Ltd. • Qualicaps LLC • Suheung Co., Ltd. • Sunil Healthcare Limited • ACG • CapCanada • Catalent, Inc
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Vegetarian Capsule Material Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Vegetarian Capsule Material Market 3.4. Geographical Snapshot of the Vegetarian Capsule Material Market, By Manufacturer share 4. Global Vegetarian Capsule Material Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Vegetarian Capsule Material Market 5. Supply Side and Demand Side Indicators 6. Global Vegetarian Capsule Material Market Analysis and Forecast, 2020-2027 6.1. Global Vegetarian Capsule Material Market Size & Y-o-Y Growth Analysis. 7. Global Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.1.1. Hydroxypropyl Methyl Cellulose (HPMC) 7.1.2. Pullulan 7.1.3. Starch 7.2. Other Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.2.1. Antibiotic & Antibacterial Drugs 7.2.2. Dietary Supplements 7.2.3. Antacid & Anti-flatulent Preparations 7.2.4. Anti-anemic Preparations 7.2.5. Anti-inflammatory Drugs 7.2.6. Cardiovascular Therapy Drugs 7.2.7. Cough & Cold Drugs 7.2.8. Others 8. Global Vegetarian Capsule Material Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.1.1. Hydroxypropyl Methyl Cellulose (HPMC) 9.1.2. Pullulan 9.1.3. Starch 9.2. Other Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.2.1. Antibiotic & Antibacterial Drugs 9.2.2. Dietary Supplements 9.2.3. Antacid & Anti-flatulent Preparations 9.2.4. Anti-anemic Preparations 9.2.5. Anti-inflammatory Drugs 9.2.6. Cardiovascular Therapy Drugs 9.2.7. Cough & Cold Drugs 9.2.8. Others 10. North America Vegetarian Capsule Material Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Vegetarian Capsule Material Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Vegetarian Capsule Material Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Vegetarian Capsule Material Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Vegetarian Capsule Material Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Vegetarian Capsule Material Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Types, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Capsugel 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. ACG Worldwide 45.3.3. Bright Pharma Caps, Inc. 45.3.4. CapsCanada 45.3.5. Capsugel 45.3.6. Healthcaps India Ltd. 45.3.7. Qualicaps LLC 45.3.8. Suheung Co., Ltd. 45.3.9. Sunil Healthcare Limited 45.3.10. ACG 45.3.11. Capsugel 45.3.12. Catalent 46. Primary Key Insights

About This Report

Report ID106092
Category Material & Chemical
Published DateJun 2021
Updated Date
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