Increasing awareness about preventive health measures and dietary supplements is expected to drive growth of the global empty capsules market. The market is projected to reach USD 3.7 billion by 2026.
The global empty capsules market is expected to expand at a CAGR of 7.2% from 2021 to 2026. Rising geriatric population, increasing demand for various dietary supplements and growing pharmaceutical industry are expected to contribute to market growth. However, stringent regulations in pharmaceutical industry and ethical concerns are expected to limit market growth during the forecast period.
Asia Pacific is expected to witness rapid growth in the empty capsules market during the forecast period. Increasing R&D activities, growing pharmaceutical market and advancements in capsule delivery technologies are anticipated to drive the market growth. However, slow depleting availability of raw materials is expected to create supply-demand imbalance in the market. The presence of key manufacturing companies is expected to foster market growth.
The global empty capsules market report provides a comprehensive analysis of the market, based on the segments. In addition to this, the report includes a qualitative analysis, which includes restraints, drivers, and trends influencing the market.