Global Market For Empty Capsules

Empty Capsules Market by Product (Gelatin Capsules and Non-Gelatin Capsules), Raw Material (Bovine Skin, Bovine Bone, Hydroxypropyl Methylcellulose, and Others), Therapeutic Application (Antibiotic & Antibacterial Drugs, Vitamin & Dietary Supplements, Antacids & Anti-flatulent preparations, Antacids & Anti-flatulent preparations, Cardiac Therapy Drugs 2021 to 2030: Global Opportunities Analysis and Industry Forecast.

The size of the global market for empty capsules, which was estimated to be worth $2,382.7 million in 2020, is expected to grow to $5,230.4 million by 2030, a CAGR of 8.1% from 2021 to 2030. A capsule is a solid pharmaceutical dose form that contains a shell around a medicine or drug combination. Empty capsules are typically advised for the storage of powders, medications, and herbs. Compared to tablets, capsules are simpler to swallow. Pharmaceutical companies use it to manufacture various therapeutic medications. Gelatin or non-gelatin material (such as pullulan, HPMC, and starch), which comes in a variety of forms, dimensions, and hues, is used to make capsule shells. The pharmaceutical business offers a wide variety of gelatin and purified water-based hard gelatin capsules.

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The World Health Organization (WHO) estimates that in 2021, various chronic diseases would account for about 17.9 million, 9.3 million, 4.1 million, and 1.5 million deaths, respectively. These diseases include diabetes, cancer, respiratory disorders, cardiovascular diseases, and cancer. The market is expanding as a result of an increase in the prevalence of chronic diseases and a surge in demand for therapeutic medications. The encapsulation of therapeutic pharmaceuticals in hard and soft gelatin empty capsules boosts the demand for capsule production and fuels the expansion of the empty capsules industry. Furthermore, it is projected that the market would rise due to the spike in medication delivery methods in capsule form. Due to people's increased awareness of the importance of maintaining excellent health, the market is also growing as a result of the increased focus on healthcare supplements.