The global market for empty capsules is anticipated to expand over the forecast period due to rising demand for vegetable/non-gelatin capsules. The population's growing desire for organic food and vegetable/non-gelatin capsules is to blame for this. Additionally, rising consumer use of capsules manufactured of hydroxypropylmethylcellulose is anticipated to support market expansion. Vegetable cellulose is the source of hydroxypropylmethylcellulose. It is free of flour, gelatin, wheat, gluten, preservatives, and animal byproducts. The best capsule foundation for drugs with a semi-solid or gel nature is cellulose. Players in the industry must concentrate on resolving the imbalance between supply and demand brought on by a lack of raw materials and a strong demand for empty capsules. Strategic cooperation between raw material suppliers and manufacturers can accomplish this. Crosslinking is a significant problem in the manufacture of capsules. The solubility and time required for a capsule to open depend on the cross-linking reaction. High grade pharmaceutical excipients and uncontaminated active substances devoid of aldehydes can be used to combat this. Over the projected period, the approval and introduction of pharmaceuticals and medications in capsule form is anticipated to fuel market expansion.
According to Coherent Market Insights, in 2020, the market for Empty Capsules was estimated to be worth $2,382.7 million, and by 2030, it is anticipated to grow to $5,230.4 million, with a CAGR of 8.1%.
Major Players in the Empty Capsules Industry:
1. ACG Group
The company was started in 1961 and is based in Mumbai, India. ACG offers fluid bed equipment, tablet tooling, performance enhancers, hard pharmaceutical capsules that are empty, encapsulation technology, tablet coating and compression systems, hard pharmaceutical capsules, and hard pharmaceutical capsules. ACG Inspection launched a ground-breaking block chain-based brand platform in February 2020.
2. Qualicaps, Inc.
The company was founded in 1965 and is located in Indianapolis, USA. The business produces and distributes two-piece capsules as well as softgel liquid filling machines and technology, as well as capsule filling and sealing equipment. Automatic capsule filling devices, band-sealing devices, imprinting devices, and inspection devices are just a few of the equipment options Qualicaps provides.3. Bright Pharma Caps, Inc.
The business was founded in 1999 and is based in Oregon, USA. The capsules are created and distributed by Bright Pharma Caps. They sell liquid capsules, JC-delayed release capsules, HPMC vegetable capsules, and organic vegetable capsules. They offer three different kinds of gastric acid-resistant capsules, including gar-ph, gar-as, and gar-ma capsules.
4. Sunil Healthcare Ltd.
The company was founded in 1973 and is based in India. The largest hard shell capsule maker in India, Sunil Healthcare Limited, boasts outstanding reputations in numerous international markets. Sunil Healthcare is a manufacturer of HPMC Capsule Shells, Empty Hard Gelatin, and Ayurvedic Medicines.
5. Roxlor LLC
The firm was started in 1993 and is based in Wilmington, Delaware, United States. An organization that produces capsules, Cynatine FLX, Tegricel, and Immunel goods is called Roxlor. In order to advance the development of patented ingredients for the nutritional supplement, functional food, and cosmetic markets, Roxlor International LLC has announced two new strategic collaborations.
6. Suheung Co., Ltd
The company was founded in 1973 and is located in South Korea. The pharmaceutical sector is served by Suheung Co., Ltd.'s production of hard and soft gelatin capsules. Along with hard capsule filling equipment, the company also makes health and nutrition foods. Capsule production is a business activity for Suheung Co., Ltd.
7. Medi-Caps Ltd.
The company was founded in 1983 and is based in India. In terms of production capacity and market capitalization, Medi-Caps Limited, the parent business of the Medi-Caps Group, is one of India's top manufacturers of empty hard gelatin capsules.
Definition: Empty capsules are protective covers for medications created from unique film-forming substances like pullulan, gelatin, and starch. Empty capsules are typically advised for the storage of powders, medications, and herbs.
