Empty Capsules Market, By Product (Gelatin Capsulesand Non-gelatin Capsules), By Functionality (Immediate-release Capsules, Delayed-release Capsules, Sustained-release Capsules), By Material (Pig Meat Gelatin Capsules, Bovine Gelatin Capsules, Plant-based Capsules, Starch-based Capsules, Pullulan Capsules, Others), By End User (Pharmaceutical Companies, Cosmetic & Nutraceutical Companies, Clinical Research Organizations, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2025

Code : CMI1328

Pages :174

Formats :

Excel and PDF

Industry : Pharmaceutical

Empty Capsules Market Size and Trends

Global empty capsules market is estimated to be valued at USD 3.42 Bn in 2025 and is expected to reach USD 5.32 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032.

Empty Capsules Market Key Factors

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Global empty capsules market growth is driven by growing pharmaceutical industry and rising drug discovery activities. Factors such as rising geriatric population, increasing prevalence of chronic and lifestyle-related diseases, and growth in generics market have resulted in higher consumption of empty capsules. Development of sophisticated flavors and innovations in capsule delivery technology can offer new opportunities for empty capsules manufacturers over the forecast period.

Rising Demand from Pharmaceutical Industry

Global empty capsules market growth is driven by rising demand for capsules from the pharmaceutical industry. Growing pharmaceutical industry boosts the need for empty capsules. Empty capsules find widespread application in the pharmaceutical sector for manufacturing various medicines such as antibiotics, anti-fungal, anti-depressants, anti-hypertensives and many other drug formulas. Growing geriatric population worldwide who are more prone to chronic diseases and ailments can also boost demand for various medicines, and this boosts the need for empty capsules from pharmaceutical companies. Furthermore, increasing healthcare expenditure of people and governments across nations contributes to growth of the pharmaceutical industry. Many new drug molecules and formulations are being developed by companies, and this boosts demand for empty capsules as these are extensively used in the pharmaceutical manufacturing process. Capsule-based drug delivery offers various advantages such as targeted drug release, protection of active pharmaceutical ingredients (APIs) from environmental degradation, and enhanced bioavailability. Growing acceptability of capsule dosage forms by patients and physicians alike as compared to other forms can drive the empty capsules market growth.