The increasing prevalence of non-communicable diseases and growing demand for nutraceuticals are expected to boost the growth of the Two-Piece Empty Hard Capsule market at a CAGR of 7.02% during the forecast period 2023 to 2032

The increasing prevalence of non-communicable diseases and growing demand for nutraceuticals are expected to boost the growth of the Two-Piece Empty Hard Capsule market at a CAGR of 7.02% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Two-Piece Empty Hard Capsule Market”.


The Two-Piece Empty Hard Capsule market is estimated to register a CAGR of 7.02% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the Two-Piece Empty Hard Capsule Market— CapsCanada (Canada), Roxlor (US), Goerlich Pharma GmbH (Europe), Lonza (Switzerland), Qualicaps (US), Suheung (South Korea), ACG (India), Hunan Er-Kang Pharmaceutical Co. Ltd (China), Shanxi Guangsheng Medicinal Capsule Co., Ltd (China), Bright Pharma Caps (US)


Market Highlights


The global Two-Piece Empty Hard Capsule market is expected to register a CAGR of 7.02% during the forecast period and is estimated to reach USD 2.23 billion by 2032.


The global two-piece empty hard capsule Market is growing steadily and is expected to continue growing at a significant rate over the study period. This is due to Increasing prevalence of non-communicable diseases and Growing demand for nutraceuticals and Advancements in capsule technology. According to the World Health Organisation (WHO) in 2023, noncommunicable diseases (NCDs) kill 41 million people each year, accounting for 74% of all deaths worldwide. The rising incidence of conditions such as cardiovascular diseases, diabetes, and obesity worldwide has led to an upsurge in pharmaceutical and nutraceutical interventions, consequently driving the demand for empty hard capsules. Additionally, the capsules offer advantages in terms of patient compliance, especially in long-term treatment regimens, as they are easy to swallow and mask the taste of medications. This aligns with the broader industry trend of patient-centric approaches in drug development.


Furthermore, the Growing preferences towards plant-based capsules will provide growth opportunities for the market in the future. However, Alternative drug delivery forms might hamper the market's growth in the forecast period.


Access full report @ https://www.marketresearchfuture.com/reports/two-piece-empty-hard-capsule-market-6284


Segment Analysis


The Two-Piece Empty Hard capsules market has been segmented based on raw material, size and end-user.


On the basis of the raw material, the market is segmented into gelatin, hydroxypropyl methylcellulose (HPMC), and starch and pullulan. The gelatin segment held the largest market share in 2022 and Hydroxypropyl Methylcellulose (HPMC) is the fastest-growing segment during the forecast period i.e., 2023-2032. Gelatin capsules are widely used in the pharmaceutical industry due to their advantageous properties. These capsules are known for being safe, non-allergenic, natural, clean, and cost-effective. They offer several benefits such as masking taste and odor, easy administration, portability, quick drug action, and the ability to formulate hard gelatin capsules flexibly. Additionally, they act as a barrier against oxidation and enhance the solubility of poorly soluble drug substances. On the other hand, hydroxypropyl methylcellulose (HPMC) serves as a vegetarian alternative to hard gelatin capsules. These capsules are easy to swallow, effectively mask both odor and taste, and allow for product visibility.


On the basis of the size, the market is segmented into size "00" capsules, size "0" capsules, size "1" capsules, size "2" capsules, and others. The Size "00" capsules segment held the largest market share in 2022 and Size "0" capsules is the fastest-growing segment during the forecast period i.e., 2022 -2032. Gelatin capsules are widely used in the pharmaceutical industry due to their advantageous properties. These capsules are known for being safe, non-allergenic, natural, clean, and cost-effective. They offer several benefits such as masking taste and odor, easy administration, portability, quick drug action, and the ability to formulate hard gelatin capsules flexibly. Additionally, they act as a barrier against oxidation and enhance the solubility of poorly soluble drug substances. On the other hand, hydroxypropyl methylcellulose (HPMC) serves as a vegetarian alternative to hard gelatin capsules. These capsules are easy to swallow, effectively mask both odor and taste, and allow for product visibility.


On the basis of end user, the market is segmented into pharmaceutical companies, health & nutrition, and others. The Pharmaceutical Companies segment held the largest market with a market share in 2022 and Health & Nutrition is the fastest growing segment during the forecast period. The demand for two-piece empty capsules among pharmaceutical companies is significantly high as a result of the mass production of novel and cost-effective products. These capsules find extensive usage in oral and inhaled medications, as well as over-the-counter products. Furthermore, the increasing sales of over the counter (OTC) products year after year indicate a rising demand, which in turn fuels the growth of two-piece empty hard capsules.


Regional Analysis


The Two-Piece Empty Hard Capsule market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Two-Piece Empty Hard Capsule market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Two-Piece Empty Hard Capsule market Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The rest of the Two-Piece Empty Hard capsule service providers market comprises of Middle East, Africa, and Latin America.


The market for Two-Piece Empty Hard Capsule in North America has the most share (36.60%) in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.70% to reach over USD 0.71 billion by 2032. Two-Piece Empty Hard Capsule have a bright future in North America, with steady expansion predicted. Further market expansion is anticipated as a result of investments in healthcare infrastructure and rising public awareness of modern medical treatments. Thanks to technology improvements, both established businesses and newcomers are well-positioned to take advantage of these opportunities and address the growing need for better surgical results.


The Europe’ market are currently undergoing substantial growth, driven by a confluence of factors that include technological advancements, an aging population, and a surge in surgical procedures. This dynamic landscape is witnessing notable innovations in Two-Piece Empty Hard capsule solutions, leading to enhanced efficacy and improved outcomes. The improvement in Two-Piece Empty Hard Capsule ultimately leads to enhanced patient care. This transformative journey aligns with broader goals of advancing healthcare technologies and ensuring better outcomes, positioning Europe as a key player in the global market and contributing to the ongoing enhancement of healthcare delivery and patient well-being across the continent.


Furthermore, the asia-pacific two-piece empty hard capsule market accounted for usd 0.24 billion in 2022 and is projected to grow at a cagr of 8.89% during the forecast period. the asia pacific two-piece empty hard capsule’ market is projected to experience significant growth in the coming years. factors such as the increasing number of surgeries, rising prevalence of chronic diseases, and technological advancements in empty hard capsules are expected to drive market growth. the market is also being expanded by the aging population, who are more likely to consume capsules for treatment.


The market for two-piece empty hard capsule in the rest of the world was valued at usd 0.14 billion in 2022 and is expected to grow with a compound annual growth rate (cagr) of 8.01%. the rest of the world market is divided into middle east, africa and latin america. two-piece empty hard capsule are in high demand due to their important role in acting as an aid in various non communicable diseases. furthermore, the development of advanced technologies and continuous product innovation are driving the growth of the market, improving the overall effectiveness of medical solutions. in these regions, where the healthcare infrastructure is changing quickly, the use of capsules is increasing due to increasing awareness.


Key Findings of the Study



  • The Two-Piece Empty Hard capsules market is expected to reach USD 2.23 billion by 2032, at a CAGR of 7.02% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market.

  • Based on raw material, the gelatin ‘s segment was attributed to holding the largest market in 2023.

  • CapsCanada (Canada), Roxlor (US), Goerlich Pharma GmbH (Europe), Lonza (Switzerland), Qualicaps (US), Suheung (South Korea) are some top key players

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