Hyderabad, India -- (SBWIRE) -- 01/09/2018 -- The Global Empty Capsules Market was worth $1357 million in 2016 and estimated to be growing at a CAGR of 7.5%, to reach $ 1948 million by 2021. The market is proclaiming immense potential in the mentioned period.

The capsule is the most versatile of all dosage forms. Capsules are solid dosage forms, in which one or more medicinal and inert ingredients are enclosed in a small shell usually made of gelatin.

These are solid dosage form of medicaments, in which drug is enclosed within the shells made up of gelatin. Soft Gelatin capsules are one piece, hermetically sealed, soft gelatin shells containing a liquid, a suspension, or a semi-solid.

Empty Capsules are generally made from Gelatin, which is derived from plant or animal origin. They are used as a dosage form for the prescription, OTC drugs, nutrient supplements and herbal products.

Browse through the complete TOC at Empty Capsules Market by Product (Gelatin Capsules and Non-Gelatin Capsules) by Therapeutic Application (Antibiotic and Antibacterial Drugs, Vitamins and Dietary Supplements, Antacid and Antiflatulent Preparations, Antianemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Cough and Cold Preparations ) by End User (Pharmaceutical Industry, Nutraceutical Industry, Cosmetics Industry and Research Laboratories ), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts(2016–2021)

link: https://www.marketdataforecast.com/market-reports/global-empty-capsules-market-439/

Nutraceuticals are the new age medicine; it is customised, targets the host, favouring the people to have a proper, regular and appropriate diet.It's a reliant form of medicinal intake.The growing population has an enthusiasm for capsules.The developed countries tend to follow an unhealthy lifestyle by default, especially in the urban region.This particular demographic will be an active target for nutraceuticals, which is an excellent driver for the market.The collateral advantages are plenty, especially for pharmaceuticals and cosmeceuticals can itself grow and prosper in its own niche industries which will boom in the coming years as it's own exclusive industries.Technological advancements will always serve as a major source of motivation and logical inspiring factors for entrepreneurs to believe in and investors to invest in and promulgate this exclusive market into various sectors.These cogent factors will fuel the market and act as dependable drivers.

The cost of raw material poses as an impediment for this capsule market.The initial investment will be a difficult task to bring in.Stringent regulatory frameworks are hurdles.Religious sentiments are found in every nook and corner, sentiments coming into the scene with vegetarian consumers taking animal-derived gelatin.The focus has to shift to non-gelatin capsules

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Global Empty Capsules market is segmented by product, therapeutic application and End User. On the basis of product, the market is further sub-segmented into Gelatin Capsules and Non-Gelatin Capsules.

By therapeutic application global market for Empty capsules is segmented as Antibiotic and Antibacterial Drugs, Antacid and Antiflatulent Preparations, Anti anaemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Dietary Supplements and Vitamins, Cough and Cold Preparations and other therapeutic applications. Based on End User the market is segmented as Pharmaceutical Industry, Cosmetics Industry, Nutraceutical Industry and Research Laboratories.

Gelatin Capsules is the largest product segment accounting for a share of approximately 80% whereas Non-Gelatin capsules is estimated to be the fastest segment with a CAGR of XX% due to increasing preference for vegetable origin capsules. Dietary supplements and vitamins segment is expected to be the fastest growing therapeutic application segment.

On the basis of geography global market for empty capsules is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America is the dominating market for Empty capsules accounting for a share of approximately 37% owing to rising consumer awareness and increase in the consumption of nutraceutical products. Asia-Pacific is estimated to be the fastest growing region due to increasing government support and increasing demand for nutraceuticals and cosmeceuticals.

Some of the major companies covered in the report are Capsugel, Acg Worldwide, Suheung Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor, LLC, Snail Pharma Industry Co., Ltd. and Sunil Healthcare Limited

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