What is the Expected Growth Rate in the Empty Capsules Market?
The empty capsules market has witnessed significant growth in the recent years, growing from $3.21 billion in 2024 to $3.5 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. This growth during the historic period can be attributed to a range of factors such as changing consumer preferences, favorable economic conditions, the impact of the Russia-Ukraine war, industry entry barriers, and the increasing geriatric population.
The empty capsules market is projected to continue its rapid growth in the coming years, expected to reach a market size of $5.28 billion by 2029 at a CAGR of 10.8%. This anticipated growth in the forecast period can be attributed to factors such as market size growth, market consolidation, ethical concerns and stringent regulations, increasing demand for nutraceuticals, and market dynamics. Key trends predicted to influence the market include product innovations, sustainable sourcing, use in vegetarian and vegan products, patient population and chronic disease treatments, and regional dominance.
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What’s Driving the Empty Capsules Market Growth?
The growth of the empty capsules market is propelled by an increase in the prevalence of chronic diseases. Chronic diseases such as cancer, heart disease, stroke, diabetes, and arthritis, which often last for three months or longer and may worsen over time, contribute significantly to the demand for empty capsules. These capsules, designed to deliver a variety of drugs without altering their formulation, ensure effective drug delivery without interfering with any drug composition. For example, in January 2022, research published by the American Cancer Society anticipated 1.9 million new cancer cases and 609,360 cancer deaths in the United States alone. This highlights the vital role of empty capsules in managing chronic diseases and underlines their increasing demand.
Which are the Key Segments in the Empty Capsules Market?
The empty capsules market report focuses on the following segments:
1) By Type: Gelatin Capsules, Non-Gelatin Capsules
2) By Functionality: Immediate-Release Capsules, Sustained-Release Capsules, Delayed-release Capsules
3) By Application: Antibiotic And Antibacterial Drugs, Dietary Supplements, Antacid And Antiflatulent Preparations, Antianemic Preparations, Anti-inflammatory Drugs, Cardiovascular Therapy Drugs, Cough And Cold Drug Preparations, Other Therapeutic Applications
4) By End-User: Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry, Research Laboratories
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Which Major Players are in the Empty Capsules Market?
The empty capsules market includes major companies such as ACG Group, CapsCanada Corporation, HealthCaps India Limited, Natural Capsules Ltd., Bright Pharma Caps Inc., Suheung Co. Ltd., Roxlor LLC, Lonza Group AG, Goerlich Pharma GmbH, Qualicaps Inc., Comed Chemicals Limited, Wuhan Carma Technology Co. Ltd., Nectar Lifesciences Ltd., Erawat Pharma Limited, Medi-Caps Ltd., Mitsubishi Chemical Holdings Corporation, Snail Pharma Industry Co. Ltd., Sunil Healthcare Ltd., Shanxi Guangsheng Medicinal Capsule Co. Ltd., Aenova Group GmbH, Capsuline Inc., Farmacapsulas SA, Health Pharma, JC Biotech Pvt. Ltd., Lefan Capsule International Inc., Nipro Capsule Co. Ltd., Qingdao Yiqing Medicinal Capsules Co. Ltd., Shaoxing Kangke Capsule Co. Ltd., Sunloc Industrial Co. Ltd.
What Key Trends are Emerging in the Empty Capsules Market?
Key trends in the empty capsules market include product innovations. For instance, in August 2023, Bright Pharma Caps Inc., an India-based pharmaceutical company, launched Bright-Poly, the world’s first certified organic capsules made from USDA-certified organic pullulan. This innovation not only strengthens the company’s market position but also addresses a gap in the nutritional supplement industry for organic encapsulation options.
What is the Regional Analysis of the Empty Capsules Market?
In 2024, North America was the largest region in the empty capsules market, and the report also covers other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
Explaining the Empty Capsules Market – What Does The 2025 Report Offer?
Empty capsules are gelatin or vegetarian shells used to encase various powders or granules for pharmaceutical and dietary supplements. These capsules offer a convenient and tasteless delivery system for medications, enabling precise dosages. Additionally, capsules can enhance the stability of sensitive ingredients and improve patient compliance.
The Empty Capsules Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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