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Empty capsules market is expected to grow at a CAGR of 7.2% during the forecast period. The increasing demand from the pharmaceutical industry owing to the consumer preference for capsules over tablets is driving the growth of the empty capsules market. Owing to several benefits offered by empty capsules, such as higher drug absorption, less gastrointestinal irritation, ease to swallow, tasteless, and odorless, these are more preferred by consumers which in turn, is boosting the growth of the market.
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Empty Capsules Market Trends, Business Overview, Industry Growth and Forecast to 2023-2029 The global empty capsules market is expected to grow at a CAGR of 7.2% during the forecast period (2022-2028). The rising awareness about nutraceutical supplements and dietary supplements is creating a demand for empty capsules. Consumers’ preference for these supplements is owing to various health benefits associated with these products. These supplements work for prevention rather than cure diseases. Moreover, infectious diseases are also rising across the globe which is boosting the demand for the capsules market. For instance, according to the Centers for Disease Control and Prevention (CDC) latest report 2022, there have been around 7.4 million flu illness cases, out of which 76,000 hospitalizations and around 4,700 mortalities from flu. To Request a Sample of our Report on Empty Capsules Market https://www.omrglobal.com/request-sample/empty-capsules-market According to the World Health Organization (WHO), in 2020, there were 241 million cases of malaria across the globe and around 627,000 mortalities due to malaria. This, in turn, is boosting the demand for empty capsules, to cope with these diseases and an increase in the awareness of nutraceuticals is further contributing to the growth of the market. The demand for gelatin capsules has increased significantly owing to their universal use without any fillers. The use of soft gel gelatin capsules can increase the bioavailability of poorly absorbed or poorly soluble nutrients. This, in turn, is driving the growth of the global empty capsules market. A full Report of on Empty Capsules Market https://www.omrglobal.com/industry-reports/empty-capsules-market Market Coverage The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered- By Product By Therapeutic Application By End-User Regions Covered- North America Europe Asia-Pacific Rest of the World Competitive Landscape- ACG, Suheung Co., Ltd., Medicaps Ltd., Qualicaps, Inc., and Lonza Group Ltd. Key questions addressed by the report What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? How COVID-19 impacted the market? Deviation from the pre-COVID-19 forecast Most affected region and segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Empty Capsules Market Report by Segment By Product Gelatin Non- Gelatin By Therapeutic Application Antibiotic & Antibacterial Drugs Vitamin & Dietary Supplements Antacids & Anti-flatulent Preparations Anti-anemic Preparations Anti-Inflammatory & Anti-rheumatic Drugs Cardiac Therapy Drugs Cough & Cold Preparations
By End-User Pharmaceuticals Nutraceuticals Cosmetics Research Laboratories For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/empty-capsules-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404