Two-Piece Empty Hard Capsule Market Overview
Pharmaceutical companies developed two-piece empty hard capsules as a dose type to ensure that drugs are consumed. This is advantageous for customers who are unable to take medicine or drugs in tablet form.
Increased investments in empty hard capsule manufacturing plants, increased demand for kosher- and halal-certified capsules, and developing applications in nutraceutical disorders are all major drivers of the two-piece empty hard capsule market around the world. During the projection period, the market's growth is constrained by the high cost of vegetarian capsules and fluctuating raw material costs.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Raw Material, End Use, and Region. |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | CapsCanada, Capsugel, Hunan ER-KANG Pharmaceutical Co., Ltd, Shanxi Guangsheng Medicinal Capsule Co., Ltd, Suheung Co., Ltd, ACG, Qualicaps (Mitsubishi Chemical Holdings). |
Covid-19 Impact on Two-Piece Empty Hard Capsule Market
In addition, the current Two-Piece Empty Hard Capsule Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Two-Piece Empty Hard Capsule Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Two-Piece Empty Hard Capsule Market Segment Overview
According to Raw Material, Gelatin is one of the largest segments in the global Two-Piece Empty Hard Capsule market. Gelatin, often known as gelatine, is a transparent, colourless, and flavourless food component obtained mostly from animal collagen. When dry, it is brittle, but when wet, it becomes rubbery. After being hydrolyzed, it's also known as hydrolyzed collagen, collagen hydrolysate, gelatine hydrolysate, hydrolyzed gelatine, and collagen peptides. Food, beverages, pharmaceuticals, drug and vitamin capsules, photographic films and papers, and cosmetics all use it as a gelling agent.
Two-Piece Empty Hard Capsule Market, By Raw Material
· Gelatin
· HPMC (Hydroxypropyl Methylcellulose)
· Starch & Pullulan
Two-Piece Empty Hard Capsule Market, By End Use
· Pharmaceuticals
· Health and Nutrition
· Others
Two-Piece Empty Hard Capsule Market Regional Overview
Region-wise, North America is at the forefront and is predicted to continue to retain its lead position through the forecast period. This is due to the rising preference for capsule dosage forms and rising pharmaceutical manufacturing industries. Furthermore, Europe is the second-largest region for the market. Further, the market in the Asia Pacific is projected to grow at a considerable rate in the coming years. Important factors such as the explosion of pharmaceutical industries in this region, the favorable government initiatives in the healthcare sector, and growing pharmaceutical manufacturing industries are majorly contributing towards the growth of the market in this region.
Two-Piece Empty Hard Capsule Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Two-Piece Empty Hard Capsule Market, Key Players
· CapsCanada
· Capsugel
· Hunan ER-KANG Pharmaceutical Co., Ltd
· Shanxi Guangsheng Medicinal Capsule Co., Ltd
· Suheung Co., Ltd
· ACG
· Qualicaps (Mitsubishi Chemical Holdings)
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Global Two-Piece Empty Hard Capsule Market?
Increased investments in empty hard capsule manufacturing plants, increased demand for kosher and halal-certified capsules, and developing applications in nutraceutical disorders are all major drivers of the two-piece empty hard capsule market around the world
Q2. What are the restraining factors for the Global Two-Piece Empty Hard Capsule Market?
During the projection period, the market's growth is constrained by the high cost of vegetarian capsules and fluctuating raw material costs.
Q3. Which segment is projected to hold the largest share in the Global Two-Piece Empty Hard Capsule Market?
The Gelatin segment is projected to hold the largest share in the Global Two-Piece Empty Hard Capsule Market
Q4. Which region holds the largest share in the Global Two-Piece Empty Hard Capsule Market?
North America held the largest share in the Global Two-Piece Empty Hard Capsule Market
Q5. Which are the prominent players in the Global Two-Piece Empty Hard Capsule Market?
CapsCanada, Capsugel, Hunan ER-KANG Pharmaceutical Co., Ltd, Shanxi Guangsheng Medicinal Capsule Co., Ltd, Suheung Co., Ltd, ACG, Qualicaps (Mitsubishi Chemical Holdings). are some key players in the Global Two-Piece Empty Hard Capsule Market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Two-Piece Empty Hard Capsule Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Raw Material
- 5.2.1. Gelatin
- 5.2.2. HPMC (Hydroxypropyl Methylcellulose)
- 5.2.3. Starch & Pullulan
- 5.3. Market Analysis, Insights and Forecast – By End Use
- 5.3.1. Pharmaceuticals
- 5.3.2. Health and Nutrition
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Two-Piece Empty Hard Capsule Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Raw Material
- 6.2.1. Gelatin
- 6.2.2. HPMC (Hydroxypropyl Methylcellulose)
- 6.2.3. Starch & Pullulan
- 6.3. Market Analysis, Insights and Forecast – By End Use
- 6.3.1. Pharmaceuticals
- 6.3.2. Health and Nutrition
- 6.3.3. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Two-Piece Empty Hard Capsule Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Raw Material
- 7.2.1. Gelatin
- 7.2.2. HPMC (Hydroxypropyl Methylcellulose)
- 7.2.3. Starch & Pullulan
- 7.3. Market Analysis, Insights and Forecast – By End Use
- 7.3.1. Pharmaceuticals
- 7.3.2. Health and Nutrition
- 7.3.3. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Two-Piece Empty Hard Capsule Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Raw Material
- 8.2.1. Gelatin
- 8.2.2. HPMC (Hydroxypropyl Methylcellulose)
- 8.2.3. Starch & Pullulan
- 8.3. Market Analysis, Insights and Forecast – By End Use
- 8.3.1. Pharmaceuticals
- 8.3.2. Health and Nutrition
- 8.3.3. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Two-Piece Empty Hard Capsule Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Raw Material
- 9.2.1. Gelatin
- 9.2.2. HPMC (Hydroxypropyl Methylcellulose)
- 9.2.3. Starch & Pullulan
- 9.3. Market Analysis, Insights and Forecast – By End Use
- 9.3.1. Pharmaceuticals
- 9.3.2. Health and Nutrition
- 9.3.3. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. CapsCanada
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Capsugel
- 10.6. Hunan ER-KANG Pharmaceutical Co., Ltd
- 10.7. Shanxi Guangsheng Medicinal Capsule Co., Ltd
- 10.8. Suheung Co., Ltd
- 10.9. ACG
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model