Characteristics of Empty Pill Capsules
The market for empty capsules is characterized by the availability of special film-forming materials, such as gelatin, pullulan, and starch. These capsules are used for producing a range of drug products including anti-bacterials, antacids, antibiotics, cold & cough medications, pain relievers, and dietary supplements.
In terms of end users, the market for empty capsules is segmented into pharmaceutical companies, nutraceutical companies, cosmeceutical companies, and research laboratories. In 2022, the pharmaceutical companies segment is expected to account for the largest share of the empty capsules market.
Moreover, the market for empty capsules is divided into hard and soft capsules based on functionality. The hard gelatin capsules segment is expected to register the highest CAGR during the forecast period.
As compared to soft capsules, hard gelatin capsules are more durable, and a higher proportion of water in these types of capsules makes them hygroscopic. Furthermore, their higher permeability allows them to dissolve quickly.
However, the production of hard gelatin capsules may be more expensive than that of soft ones. In addition, the relative humidity level of production areas may change over time and affect the quality of capsules made from this material.
The global empty capsules market is expected to grow at a steady pace during the forecast period. Increasing consumer focus on health and wellness is driving the growth of this market. The emergence of vegetarian empty capsules and the availability of advanced empty capsule filling machines are anticipated to further boost the market for this product.