The global market for empty medicine capsules
is dominated by the North American region. North America is expected to maintain its dominance over the forecast period owing to its well-developed pharmaceutical industry. However, the Asia Pacific region is expected to grow the fastest in terms of revenue over the next seven years. Growing government funding for research and development and the presence of major global players are expected to contribute to this growth.
The pharmaceutical industry is the largest end-user of empty medicine capsules. Increased demand for capsules is a primary factor driving this segment. Moreover, increasing prevalence of chronic diseases is driving the market growth of this segment. Consequently, manufacturers are focusing on improving their manufacturing processes and scaling up their production capacities. This, in turn, will result in a higher market growth. In addition, the manufacturers of empty medicine capsules are developing advanced technologies to increase their competitiveness in the global market.
Gelatin capsules are a popular choice for oral dosage forms because of their easy-to-swallow properties. Additionally, gelatin capsules can mask the unpleasant smell of medication. They are also available in a variety of sizes to accommodate different dosages. Another reason for their popularity is their high bioavailability.
The growth of the global empty capsules market is expected to continue throughout the forecast period. Rising demand for health supplements is also expected to fuel this industry. Meanwhile, an increase in marketing activities and a growing awareness of preventative medicines are also expected to boost the market for empty medicine capsules. Further, the global market is also expected to increase over the next seven years due to the emergence of gelatin capsule-based drug delivery systems.
The global market for empty capsules is highly fragmented with multiple leading players. These companies seek to gain competitive advantage by expanding their product portfolio, acquiring other companies, and integrating their operations.
While gelatin-based capsules have been the gold standard for oral dosage forms for centuries, plant-based capsules are also a viable alternative for those with dietary restrictions. They also offer the benefits of being 100% pure beef gelatin and reducing the risk of allergens. They are also easily digestible and free of side effects.
Using empty medicine capsules also gives you the advantage of customizing the powder for your own formula. Powdered herbs are cheaper to purchase and can be combined with different ingredients to create a unique blend. For instance, a single 0 capsule can contain 375-800 mg of powder. This way, you can save fifty percent or more on your capsules.