(Entertainment-NewsWire.com, February 20, 2017 ) According to the report Global Empty Capsules Market, published by Market Data Forecast, the global market is projected to reach USD 1948 million by 2021, at a CAGR of 7.5% from 2016 to 2021.
Empty Capsules are generally made from Gelatin, which is derived from plant or animal origin. These capsules are made in to two halves one half is used to fill the drug while other is used to seal it which are used as different dosage form for prescription and OTC drugs, nutrient supplements and herbal products.
Growth of global empty capsules market is expected to be driven by growing applications in pharmaceutical and nutraceuticals companies. Technological advancements coupled with growing consumer preference towards capsule based formulations are also fuelling the market growth. Demand for Non-Gelatin capsules is continuously increasing providing significant growth opportunities in the market.
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 Anti flatulent Preparations, Anti anemic 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.
Global Empty Gelatin Capsules is Segmented By Product Gelatin Capsules Non-Gelatin Capsules By Therapeutic Application Antibiotic and Antibacterial Drugs Vitamins and Dietary Supplements Antacid and Antiflatulent Preparations Antianemic Preparations Anti-inflammatory and Anti-rheumatic Drugs Cardiac Therapy Drugs Cough and Cold Preparations and Other Therapeutic Applications By End User Pharmaceutical Industry Nutraceutical Industry Cosmetics Industry Research Laboratories By Geography North America Empty Capsules Market Europe Empty Capsules Market Asia-Pacific Empty Capsules Market Latin America Empty Capsules Market Middle-East & Africa Empty Capsules Market
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
The Empty Capsules Market study offers the following deliverables: Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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