Coherent Market Insights

Empty Capsules Market to Surpass US$ 3,122.5 Million by 2027

Empty Capsules Market to Surpass US$ 3,122.5 Million by 2027 - Coherent Market Insights

Publish In: Feb 07, 2020

Vegetarian capsules are normally made using hypromellose, a polymer formulated from cellulose and other polysaccharides such as pullulan (polysaccharide polymer consisting of maltotriose units) and starch. These capsules are made in two halves: a lower-diameter "body" that is filled and then sealed using a higher-diameter "cap".

Statistics:

The global empty capsules market is estimated to account for US$ 3,122.5 Mn in terms of value by the end of 2027.

Global Empty Capsules Market: Drivers

Approval and launch of drugs and medications in capsule form is expected to boost growth of the global empty capsule market over the forecast period. For instance, in February 2020, the U.S. Food and Drug Administration approved Palforzia, a product designed to help reduce the risk of severe peanut-induced allergic reactions through desensitization over time. The product is available in capsule form.

Global Empty Capsules Market: Opportunities 

Oxygen permeability differs significantly among the commercially used capsule shell ingredients. Therefore, HPMC capsule shells are used to formulate moisture sensitive APIs. However, no research-based evidence exists for this proposed benefit of HPMC capsule shells, which is expected to offer growth opportunities for players in the market.

Global Empty Capsules Market: Restraints

Deteriorating standard of capsules, purity, and reliability is leading to increasing customer dissatisfaction. This can be attributed to technical issues during manufacturing of empty capsules such as improper drying of capsules, which often leads to color spotting. Other manufacturing issues include, improper usage of gelatin tissue with specified risk materials, usage of artificial colorants for coating, high disintegration & dissolution rates with gelatin capsules, and improper labelling of capsules materials. These factors are expected to hamper growth of the global empty capsules market over the forecast period.

Key Takeaways:

The Vegetarian Based Capsules segment in the global empty capsules market was valued at US$ 533.3 Mn in 2019 and is expected to reach US$ 1,228.0 Mn by 2027 at a CAGR of 5.9% during the forecast period. Increasing demand for vegetable/non-gelatin capsules is expected to propel growth of the segment over the forecast period. This is owing to increasing preference of vegetable/non-gelatin capsules and organic products           

The Oral Administration segment held dominant position in the global empty capsules market in 2019, accounting for 90.3% share in terms of value during the forecasted period. Increasing product approval and launch of oral drugs and medications in capsule form is expected to propel growth of segment.

Market Trends

The market is witnessing high adoption of cellulose-based capsules. These capsules offer physiological properties such as low moisture content, which is best suited for hygroscopic drug and nutrient supplements.

Moreover, the demand for halal-certified capsules has significantly increased. This has prompted manufacturers to provide products with halal and Kosher certification.

Regulations

North America

  • The U.S. FDA inspects empty capsule manufacture units for compliance of cGMP guidelines
  • FDA strictly guides to gelatin capsules manufacturers about sourcing and processing of gelatin to reduce the potential risk posed by bovine spongiform encephalopathy (BSE)

Global Empty Capsules Market: Competitive Landscape

Major players operating in the global empty capsules market include, ACG Group, Capsugel (Lonza Group AG), Qualicaps, Inc., Bright Pharma Caps, Inc., Sunil Healthcare Ltd., CapsCanada Corporation, Roxlor LLC, Snail Pharma Industry Co., Ltd., Suheung Co., Ltd., and Medi-Caps Ltd.

Global Empty Capsules Market:  Key Developments  

November 2019: Qualicaps, Inc presented its products and service offerings for the hard-capsule dosage form at the CPHI WORLDWIDE 2019 conference

February 2018: CapsCanada Corporation announced the addition of a new, state-of-the-art, dedicated hydroxypropyl methylcellulose (HPMC) capsule manufacturing facility

Segmentation

Scope of the report

  • Empty Capsules Market, By Product Type:
    • Gelatin (Hard) Based Capsules
    • Vegetarian Based Capsules
  • Empty Capsules Market, By Raw Material:
    • Type-A(Pork Skin)
    • Type-B Gelatin (Animal Bones & Calf Skin)
    • Fish Bone Gelatin
    • Hydroxy Propyl Methyl Cellulose (HPMC)
    • Starch Materials
    • Pullulan
  • Empty Capsules Market, By Capsule 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
  • Empty Capsules Market, By Route of Administration:
    • Oral Administration
    • Inhalation Administration
  • Empty Capsules Market, By End User:
    • Pharmaceutical Companies
    • Cosmetic & Nutraceutical Companies
    • Clinical Research Organizations (CRO'S)
  • Empty Capsules Market, By Region:
    • North America
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Gelatin (Hard) Based Capsules
        • Vegetarian Based Capsules
      • By Raw Material
        • Type-A(Pork Skin)
        • Type-B Gelatin (Animal Bones & Calf Skin)
        • Fish Bone Gelatin
        • Hydroxy Propyl Methyl Cellulose (HPMC)
        • Starch Materials
        • Pullulan
      • By Capsule 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
      • By Route of Administration
        • Oral Administration
        • Inhalation Administration
      • By End User
        • Pharmaceutical Companies
        • Cosmetic & Nutraceutical Companies
        • Clinical Research Organizations (CRO'S)
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • ACG Group *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Capsugel (Lonza Group AG)
    • Qualicaps, Inc.
    • Bright Pharma Caps, Inc.
    • Sunil Healthcare Ltd.
    • CapsCanada Corporation
    • Roxlor LLC
    • Snail Pharma Industry Co., Ltd.
    • Suheung Co., Ltd.
    • Medi-Caps Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

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