The empty capsules market is mainly driven by the
rising demand for hard gelatin and nongelatin capsules such as
Hydroxypropyl Methyl Cellulose (HPMC), and pullulan capsules in the
pharmaceutical and nutraceutical industries, backed by an increasing
number of therapeutic applications. An increasing trend toward greater
uptake of manufacturing and contract manufacturing services in the
pharmaceutical industry is also expected to propel the growth of the
empty capsules market during the forecast period of 2014 to 2019.
Technological advancements such as nongelatin or vegetarian capsules,
capsule dosing for dry powder inhalers, capsule-in-capsule technology for sustained release effect, and solid lipid pellet capsules are also expected to contribute to the growth of the market in the pharmaceutical industry.
Apart from these market drivers, there are several
geographical drivers as well for the growth of the empty capsules
market. The Asia-Pacific empty capsules market is expected to become a
growth center for the global market. Countries such as China and India
are likely to show significant growth during the forecast period of 2014
to 2019. A higher CAGR of these markets is mainly attributed to the
growing pharmaceutical industry, increasing demand for HPMC capsules in
the nutraceutical industry, rising health awareness, and increased per
capita income.
In 2014, the top five players in the global empty
capsules market accounted for more than 40%–50% of the market. However,
new entrants in the market are intensifying competition and threatening
the market share of existing players. In order to maintain their market
shares, leading players are continuously adopting new technologies and
introducing new products in the market. This increasing competitiveness
is expected to drive innovation in the market, thereby helping the
industry to solve existing challenges.
Scope of the Report
Hard gelatin capsule shells are used as containers
for administering medicines and food supplements by the pharmaceutical
and nutraceutical industries Therefore, the growth of the empty capsules
market is dependent on the growth of the pharmaceutical and
nutraceutical industries. Factors such as increase in insurance
coverage, rising aging population, rising per capita income, increasing
awareness of personal health, easy access to high-quality healthcare
facilities, and favorable government initiatives are expected to drive
the pharmaceutical and nutraceutical industries. Thus, the rapidly
evolving pharmaceutical and nutraceutical industries across the globe
can be seen as key drivers for the growth of this market. Rising
investments in nutraceutical capsules by leading market players and the
robust growth of therapeutic applications of capsules in the
pharmaceuticals industry are some key factors expected to play a vital
role in the growth of the market during the forecast period of 2014 to
2019.
Global Empty Capsules Market
This research report categorizes the empty capsules market into the following segments:
Global Market, by Product
- Hard Gelatin Capsules
- Nongelatin-based Capsules
Global Market, by Source of Raw Material
- Pig-skin Gelatin
- Bovine-hide Gelatin
- Bone-derived Gelatin
- Hydroxypropyl Methyl Cellulose (HPMC) Gelatin
- Pullulan and Starch Materials
- Others
Global Market, by Therapeutic Application
- Antibacterial Drug Formulations
- Vitamins and Dietary Supplements
- Antianemic Preparations
- Antacid and Antiflatulent Preparations
- Cardiovascular Therapy Drugs
- Cough and Cold Preparations
- Anti-inflammatory Drugs
- Others
Global Market, by End User
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetics Industry
- Research Laboratories
Global Market, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Rest of the World (RoW)
- Latin America
- Middle East and Africa
0 comments:
Post a Comment