Empty Capsules Market Research

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MarketsandMarkets Presents

• Empty Capsules Market
•  - Global Forecast to 2021

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• The global empty capsules market is estimated to
  grow at a CAGR of 7.2 during the forecast
  period, to reach USD 2.13 Billion by 2021. The
  rapidly increasing aging population, growing
  applications in the pharmaceutical and
  nutraceutical industries, and growing consumer
  preference towards capsule-based formulations are
  the major factors driving the growth of the
  market. However, increasing raw material prices,
  stringent regulatory frameworks, and religious as
  well as cultural specifications are expected to
  limit the growth of this market to a certain
  extent.
• In this report, the empty capsules market is
  segmented on the basis of products, therapeutic
  applications, end users, and regions. Based on
  products, the market is subsegmented into gelatin
  and non-gelatin capsules. 

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http//www.marketsandmarkets.com/Market-Repor
ts/empty-capsules-market-218018190.html In
2015, the gelatin capsules segment accounted for
the largest share of the global market. The large
share of this segment is mainly due to factors
such as the development of a wide range of
formulations using hard gelatin capsules as a
simple form for oral drug delivery and increasing
use of gelatin capsules in novel drug delivery
systems with modified and targeted drug-release
properties. The non-gelatin capsules segment is
expected to grow at the highest CAGR during the
forecast period. Growth in this segment is mainly
due to strict government regulations regarding
the use of animal-derived gelatin in
pharmaceutical and nutraceutical products,
dietary sensitivity of patients, and drug
incompatibilities with gelatin capsules.
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• Based on therapeutic applications, the empty
  capsules market is subsegmented into 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.
  The antibiotic and antibacterial drugs segment
  accounted for the largest share of the global
  empty capsules market in 2015. Based on end
  users, the market is subsegmented into the
  pharmaceutical industry, nutraceutical industry,
  cosmetics industry, and research laboratories.
  The pharmaceutical industry accounted for the
  largest share of the market in 2015.
• Geographically, the empty capsules market is
  segmented into North America, Europe,
  Asia-Pacific, and the Rest of the World. In 2015,
  North America commanded a major share of the
  market.

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