The global advanced empty capsules market is poised for robust growth, with revenues projected to rise from USD 905.6 million in 2023 to USD 1,856.1 million by 2033, reflecting a CAGR of 7.4% over the forecast period.
Technological advancements have significantly impacted the advanced empty capsules sector. Introducing new technologies, such as the fusion of capsule parts and seals, has transformed the traditional use of hard gelatin capsules.
In health and nutritional applications, lipid-based formulations have been adopted to enhance bioavailability and mask taste and odor. Additionally, novel technologies enable the efficient filling of liquids and semi-solids into empty capsules, benefiting pharmaceutical, cosmetic, and nutraceutical companies.
Key Growth Drivers:
- Aging Population and Chronic Disease Burden:
The world’s aging population is leading to a rise in chronic health conditions such as diabetes, cardiovascular diseases, and arthritis. This has fueled demand for advanced drug delivery solutions, including empty capsules, which offer tailored and efficient medication delivery. - Innovation in Drug Delivery Systems:
Advanced empty capsules are becoming increasingly popular due to their ability to encapsulate liquids, powders, and semi-solids. These versatile applications have expanded their use in personalized medicine, nutraceuticals, and targeted drug delivery therapies. - Pharmaceutical Industry Growth:
The pharmaceutical sector continues to expand with rising R&D investments and the growing prevalence of self-administration therapies, both of which contribute to increased demand for capsules that are easy to administer.
Market Outlook:
With innovations in gelatin-based and vegetarian capsule technologies, and the increasing trend toward clean-label and plant-based capsules, the market is expected to witness accelerated growth. The emphasis on precision medicine and patient-centric drug formulations will further boost adoption across therapeutic areas.
The global advanced empty capsules market is set for transformative growth, driven by advancements in healthcare and the growing need for sophisticated drug delivery solutions. Industry stakeholders should capitalize on these trends to meet the surging demand for capsules tailored to diverse medical and nutraceutical applications.
Competitive Landscape
The advanced empty capsule market is characterized by a competitive landscape, with key players vying for market share. Leading companies focus on research and development, technological advancements, and offering innovative capsule solutions to meet the diverse needs of the pharmaceutical, nutraceutical, and cosmeceutical industries.
Competition is driven by factors such as product quality, customization capabilities, pricing, and customer service. The market’s competitive nature pushes companies to differentiate themselves and form strategic partnerships to expand their market presence and stay ahead in the dynamic market landscape.
Recent developments:
- Medi-Caps Limited has pioneered many advanced features in product development, such as “Pearlz Capsules” (Metallic Colored), as well as Python Printing & Li-Fill Caps
- On June 21, 2019, Embocaps® was developed by the Sheung brand. The Embocaps®LP+ is a hard capsule specifically designed to hold liquids and fine powders. The Embo Caps® LP+ is available in multiple gelatin, vegetarian and relayed release formulations.
Key Players
- Capsugel (Lonza)
- ACG Worldwide
- Medi-Caps Limited
- Sunil Healthcare Limited
- Roxlor LLC
- CapsCanada Corporation
- Suheung Co., Ltd.
- Bright Pharma Caps
- STERIS Plc
- Fuji Capsule Co. Ltd.
- QUALICAPS
A Full Report Overview
Key Segments
By Product Type:
- Oral Capsules
- Dry formulation
- Immediate-release capsules
- Delayed-release capsules
- Time delayed release capsules
- Acid-resistant capsules
- Enteric capsules
- Liquid formulation
- Dry formulation
- Inhalation Capsules
By Raw Material:
- Animal Source
- Contract Type-A (Pork Skin
- Type-B Gelatin (Animal Bones & Calf Skin)
- Fish Bone Gelatin
- Vegetarian-based
- HydroxyPropyl Methyl Cellulose (HPMC)
- Starch
- Pullulan
By Capsules 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 End User:
- Pharmaceutical
- Nutraceutical & Cosmetic
- CROs
- CMOs
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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