Regional Analysis
Global Capsule Filling Machines Market Regional Insights
- North America is expected to be the largest market for global capsule filling machines market during the forecast period, accounting for over 32.0% of the market share in 2023. The growth of the market in North America is due to the well-established pharmaceutical and nutraceutical industries, presence of key manufacturers, and growing biologics market.
- The Asia Pacific market is expected to be the second-largest market for global capsule filling machines market, accounting for over 27% of the market share in 2023. The growth of the market in the region is due to rapid growth in the pharmaceutical and nutraceutical sectors, increasing contract manufacturing activities, and focus of international players on emerging Asia Pacific countries.
- The Europe market is expected to be the fastest-growing market for global capsule filling machines market, with a CAGR of over 18% during the forecast period. The growth of the market in Europe is due to the rising nutraceuticals and dietary supplements industry, increasing pharmaceutical research and development (R&D) investments, and growing adoption of capsule dosage forms.