Scope of the Study
Enteric Empty Capsules is a specialty sort of void containers that can forestall the material inside obliterated in the gastric region. Enteric containers permit the fixings to go through the stomach before they are consumed by the body. These containers are planned with enteric material to oppose the high acidic state of gastric conditions. Void cases are generally produced using gelatin, which can be utilized in supplement supplements, homegrown items, and OTC medications. Besides, the elements that drive the enteric void case deals market remember increment for geriatric populace just as is expanding the market request.
The market study is being classified by Type (Gelatin Capsules (Pig Meat Gelatin, Bovine-Derived Gelatin.Bone Meal, and Other Gelatin Sources) and Non-Gelatin Capsules (Hydroxypropyl Methylcellulose (Hpmc) and Pullulan & Starch Material), by Application (Antibiotic & Antibacterial Drugs, Dietary Supplements, Antacid & Antiflatulent Preparations, Antianemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Cough & Cold Drugs and Other Applications) and major geographies with country level break-up.
Capsugel (United States), ACG Worldwide (India), Qualicaps (Japan), Suheung Co. Ltd. (Korea), CapsCanada Corporation (Canada), Qingdao Yiqing Medicinal Capsules Co., Ltd. (China), Shanxi Guangsheng Medicinal Capsules Co., Ltd (China), Healthcaps India Ltd. (India), Snail Pharma Industry Co. Ltd. (China), Roxlor (United States), Sunil Healthcare Ltd. (India) and Medi-Caps Ltd. (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Nectar Lifesciences Ltd. (India), Natural Capsules Ltd. (India) and Bright Pharma Caps Inc. (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Enteric Empty Capsules market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Enteric Empty Capsules market by Type, Application and Region.
On the basis of geography, the market of Enteric Empty Capsules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand of Vegetarian-Based Empty Capsules by Pharmaceuticals and Nutraceuticals Companies
- Growing Geriatric Population
- Growth of the Pharmaceutical Market, Along with Increasing R&D Activities and Clinical Trials
- Rising Demand for Empty Capsules in the Nutraceutical & Cosmetic Industries
- Growing Demand & Adoption of Vegetarian Capsules
- The Increase in Price of the Raw Materials
- Stringent Regulations of the Government About the Ingredients Hampers the Market Growth
- Development of New Innovative Products Such as HPMC or Non-Gelatin Capsules Provide Significant Opportunities to Key Vendors in Near Future
- Rising Concern of Different Consumers Towards their Health Concerns
- Rising Prices and Lower Availability of Raw Materials in the Gelatin Industry
- High Cost Associated with these Capsules
Market Leaders and their expansionary development strategies
In February 2018, ACG signed a memorandum of understanding (MoU) with Applied DNA, Inc. (US) that will allow ACG to utilize Applied DNA’s proven SigNature molecular tagging and authentication technologies to develop molecularly tagged empty hard-shell capsules
In July 2018, Lonza's Capsule Delivery Solutions launched the Capsugel Vcaps Gen C capsule based on the carrageenan gelling-agent formulation, expanding Lonza’s Capsugel Hydroxypropyl Methyl Cellulose (HPMC) portfolio
Key Target AudienceManufacturers, Suppliers, Wholesalers, Distributors, and Retailers, Healthcare Industry and Governmental bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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