Hard Gelatin Capsules Market Key Highlights:
- Market Size (2024): USD 1,945 Million
- Projected Market Size (2034): USD 3,450 Million
- CAGR (2024-2034): 4.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Hard Gelatin Capsules Market Definition
Hard gelatin capsules are powdered or granular substances for oral administration. The superior dissolution rate of hard gelatine capsules is a key driver. Consumer demands for quick-action dosage are secondary drivers for the demand for hard gelatine capsules. Additionally, demand for hard gelatine capsules is driven by their property to improve the bioavailability of poorly soluble drugs, these capsules enclose the drug in a shell and help to dissolve quickly. However, the market growth of hard gelatine capsules can face challenges due to disregard for gelatin by vegan people, as the gelatin is obtained from animal collagen.
However, increasing consumer health consciousness and demand for nutraceuticals will continue to lead the market in the upcoming period. Additionally, technological advancement in encapsulation helps to enhance product quality and efficiency. The adoption of technologies like liquid-filled hard capsules, micro-encapsulation techniques, and band-sealing techniques will contribute to enhancing the market growth. The development of microencapsulation to enhance controlled-release formulation is gaining popularity in the pharmaceutical and nutraceutical sectors.
North America anticipated the largest share of the hard gelatin capsule market with increased demand for personalized medicine in the US. This design encourages pharmaceutical manufacturers to innovations in various capsules for tailored formulations. Asia Pacific projects to expand the market in the forecast period with growing health awareness among the regional middle-class population. Increased demand for OTC medicines are key trend behind regional market growth.
Hard Gelatin Capsules Market Segmentation:
By Source
- Type-A (Pork Skin)
- Type-B Gelatin (Animal Bones & Calf Skin)
- Fish Bone Gelatin
By Size
- Size "00" Capsules
- Size "0" Capsules
- Size "1" Capsules
- Size "2" Capsules
- Size "3" Capsules
- Size "4" Capsules
- Size "5" Capsules
By Route of Administration
- Oral Administration
- Inhalation
By End User
- Pharmaceutical Companies
- Cosmetic & Nutraceutical Companies
- CROs & CDMOs
Hard Gelatin Capsules Market Companies:
- ACG Worldwide
- Lonza
- Qualicaps, Inc. (Mitsubishi Chemical Holdings Corporation)
- Sunil Healthcare Ltd.
- CapsCanada Corporation / Farmacapsulas
- Suheung Co., Ltd. (EmboCaps)
- Medi-Caps Ltd.
- NLL (Nector Lifesciences Ltd.)
- Natural Capsules
- Erawat Pharma
- Dah Feng Capsule (Biocaps)
- Lefan Capsule
- Qingdao Yiqing Medicinal Capsules Co., Ltd.
- Shanxi Guangsheng Medicinal Capsule
- Health Caps India
- Comed Chemicals
- Fortcaps Healthcare
- Shaoxing Zhongya Capsule
- Shree Pharma Caps
- Shaoxing Kangke Capsule
- Zhejiang Yuexi Capsule
- Saviour Caps
- Chemcaps Ltd.
- Anhui Huangshan Capsule
- Jiujiang Angtai Capsule Co.,ltd
- MEIHUA Group
- Yili Capsule
- Xinchang Kangdi Capsule Co.,Ltd.
- Roxlor LLC
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