Empty Capsules Market

Empty Capsules Market (Source: Porcine, Bovine, Marine, and Natural; and Type: Gelatin Capsules and Non-gelatin Capsules) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Empty Capsules Market Outlook 2031

  • The global industry was valued at US$ 2.9 Bn in 2022
  • It is projected to grow at a CAGR of 7.7% from 2023 to 2031 and reach more than US$ 5.6 Bn by the end of 2031

Analysts’ Viewpoint

Rise in prevalence of chronic diseases and surge in demand for dietary supplements are key factors driving the global empty capsules market. Empty capsules are a convenient and easy way to take medications. They are less likely to cause side effects than other dosage forms. These factors are contributing to the rise in demand for empty capsules worldwide.

Advancements in capsule manufacturing technology are making it possible to produce empty capsules that are consistent in size, shape, and color. These new capsules are attracting several pharmaceutical and nutraceutical companies and creating incremental empty capsules business opportunities. Manufacturers are investing in R&D to boost their product portfolio. They are also focusing on improving their manufacturing processes to stay ahead of the competition.

Empty Capsules Market

Empty Capsules Market Introduction

Empty capsule is a small, hollow container made from a variety of materials, including gelatin, starch, and pullulan. They hold a variety of substances such as powders, liquids, and herbs. Empty capsules are often used by pharmaceutical companies to encapsulate drugs. They are also used by individuals to create their own custom supplements.

Empty capsules carry a number of advantages over traditional tablets. They are easier to swallow, especially for people facing difficulty swallowing pills. They also protect the contents from moisture and oxidation. Additionally, empty capsules can be filled with a variety of substances, thus allowing for greater flexibility in dosage and formulation.

Gelatin capsules and non-gelatin capsules are the common types of empty capsules. Gelatin capsules (hard and soft) are animal-based medicinal products with high collagen content. They are produced from pork and connective tissues of beef and chicken. Non-gelatin capsules are made from vegetable-derived materials such as hydroxypropyl methylcellulose (HPMC) and pullulan.

Increase in Prevalence of Chronic Diseases Accelerating Market Development

Prevalence of chronic diseases, including cardiovascular disorders, diabetes, respiratory illnesses, and gastrointestinal conditions, has been rising across the globe due to factors such as sedentary lifestyle, unhealthy diet, and aging population.

Empty capsule serves as a crucial solution for delivering various medications, supplements, and nutraceuticals. Increase in number of patients with chronic ailments is fueling the demand for efficient and targeted drug delivery systems.

Empty capsules offer several advantages, including accurate dosage and compatibility with different types of drugs. Therefore, these capsules are an ideal choice for formulating treatments for chronic conditions.

According to the WHO, chronic diseases account for 70% of all deaths worldwide. The United States Centers for Disease Control and Prevention (CDC) estimates that six in 10 adults in the U.S. have at least one chronic disease. The prevalence of diabetes has increased by 50% in adults in the U.S. since 1990. Thus, rise in burden of chronic diseases and inclination of the pharmaceutical sector toward innovative drug delivery methods are driving the global empty capsules market.

The healthcare sector is striving to meet the demands of an ever-growing patient population. Empty capsules are likely to play a vital role in revolutionizing drug administration and enhancing patient outcomes in the near future. However, stringent regulations, ethical concerns, fluctuation in raw material prices, and competition from other drug delivery systems are projected to hamper market statistics during the forecast period.

Advancements in Capsule Manufacturing Technology Fueling Market Progress

Empty capsules, primarily made from gelatin or vegetarian materials, are widely used in pharmaceutical and nutraceutical industries to encase medications, dietary supplements, and herbal formulations.

Over the years, innovations in capsule manufacturing technology have led to enhanced product quality, improved patient compliance, and increased customization possibilities, thus augmenting empty capsules market expansion.

Development of high-speed, automated capsule-filling machines is also boosting the demand for empty capsules. These state-of-the-art machines can efficiently fill thousands of capsules per minute, significantly increasing production capacity and reducing manufacturing costs. Such advancements have enabled pharmaceutical companies to streamline their production processes and meet the rise in demand for medicines more effectively.

Technological breakthroughs have led to the emergence of innovative capsule materials such as plant-based or HPMC (Hydroxypropyl methylcellulose) capsules. These vegetarian-friendly alternatives cater to the growing demand for plant-based and vegan products, thus expanding the potential customer base for empty capsules in the nutraceutical sector.

Advancements in capsule design have contributed to improved drug delivery and therapeutic outcomes. Controlled-release capsules, for example, allow for sustained drug release over an extended period, thus reducing the frequency of medication intake and enhancing patient compliance. Such innovations are further fueling the empty capsules market demand.

Rise in Consumer Awareness About Health Stimulating Demand for Dietary Supplements

As per the empty capsules market analysis, the dietary supplements application segment is expected to lead the global industry in the next few years. Changing consumer behavior, increase in awareness about health and wellness, and rise in focus on personalized nutrition are some of the factors driving the segment.

Rise in awareness about preventive healthcare is one of the key factors propelling the demand for dietary supplements. People are becoming more aware about the importance of maintaining a balanced diet and incorporating essential nutrients to support their overall well-being. Dietary supplements offer a convenient way to bridge nutritional gaps and fulfill specific health needs.

Growth in aging population is another significant factor driving the demand for dietary supplements, and consequently, empty capsules. As the elderly seek to maintain their health and vitality, they often opt for supplements to support their overall well-being and address specific health concerns. Empty capsules offer a practical solution for encapsulating custom formulations or personalized dosages tailored to individual needs.

Athletes, fitness enthusiasts, and bodybuilders often rely on dietary supplements to optimize performance, aid recovery, and achieve fitness goals. Convenience of empty capsules allows for the encapsulation of various powdered supplements, including protein powders, amino acids, and pre-workout formulas.

Empty pharmaceutical capsules provide a user-friendly, convenient, and versatile method for taking dietary supplements. This versatility makes it easier for consumers to incorporate supplements into their daily routines, thereby fueling the growth of the dietary supplements application segment.

Regional Outlook of Global Empty Capsules Industry

According to the latest empty capsules market forecast, North America is projected to dominate the global landscape during the forecast period.

Increase in presence of some of the major pharmaceutical and nutraceutical companies is augmenting the demand for empty capsules in North America. Advanced healthcare infrastructure and R&D capabilities are driving innovation in pharmaceutical formulations that incorporate empty capsules, thus fueling market dynamics of the region.

Implementation of stringent regulations and quality standards in North America is ensuring the safety and efficacy of empty capsules, thus bolstering their market acceptance. The presence of established capsule manufacturers and contract manufacturing organizations (CMOs) is accelerating empty capsules industry growth in the region.

The empty capsules market size in Asia Pacific is anticipated to increase at a steady pace during the forecast period, owing to the growth in pharmaceutical and nutraceutical industries in China and India.

Analysis of Key Players

Leading players operating in the global market are ACG, Lonza Group Ltd., Qualicaps (Mitsubishi Chemical Group Corporation), Seoheung Co., Ltd., The Roxlor Group, Nectar Lifesciences Ltd., Medi-Caps Ltd., CapsCanada, and Natural Capsules Limited.

These companies are engaged in mergers & acquisitions, strategic collaborations, and new product launches to increase their empty capsules market share. Leading companies are also following the latest empty capsules market trends to avail lucrative revenue opportunities.

Key Developments

  • In February 2023, Vivion, Inc., a global provider of ingredient solutions, announced the launch of a new product range of empty gelatin, HPMC, and pullulan capsules
  • In October 2020, Lonza Group Ltd. announced an investment of US$ 93.0 Mn in its Capsules and Health Ingredients (CHI) Division. The investment would enable the company to produce 30 billion capsules annually.

Prominent players have been profiled in the empty capsules market report based on parameters such as company overview, financial summary, business strategies, product portfolio, business segments, and latest developments.

Global Empty Capsules Market Snapshot

Attribute Detail

Market Value in 2022

US$ 2.9 Bn

Market Forecast Value in 2031

More than US$ 5.6 Bn

Growth Rate (CAGR)

7.7%

Forecast Period

2023-2031

Historical Data Available for

2017-2022

Quantitative Units

US$ Bn for Value

Market Analysis

It includes segment analysis as well as regional-level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes an overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Segmentation

  • Source
    • Porcine
    • Bovine
    • Marine
    • Natural
  • Type
    • Gelatin Capsules
      • Hard Gelatin Capsules
      • Soft Gelatin Capsules
    • Non-gelatin Capsules
  • Functionality
    • Immediate Release
    • Sustained Release
    • Delayed Release
  • Application
    • Antibiotic & Antibacterial Drugs
    • Dietary Supplements
    • Antacid & Antiflatulent Preparations
    • Cardiovascular Therapy Drugs
    • Cough & Cold Drugs
    • Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)
  • End-user
    • Pharmaceutical & Biopharmaceutical Companies
    • Nutraceutical Companies
    • Others

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Brazil
  • Mexico
  • GCC Countries
  • South Africa

Companies Profiled

  • ACG
  • Lonza Group Ltd.
  • Qualicaps (Mitsubishi Chemical Group Corporation)
  • Seoheung Co., Ltd.
  • The Roxlor Group
  • Nectar Lifesciences Ltd
  • Medi-Caps Ltd.
  • CapsCanada
  • Natural Capsules Limited

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global empty capsules market in 2022?

It was valued at US$ 2.9 Bn in 2022

How big will the empty capsules industry be in 2031?

It is projected to reach more than US$ 5.6 Bn by 2031

What will be the CAGR of the empty capsules business during the forecast period?

The CAGR is anticipated to be 7.7% from 2023 to 2031

Which empty capsules type segment accounted for major share in 2022?

The gelatin capsules type segment held the largest share in 2022

Which region is likely to constitute significant share of the empty capsules sector during the forecast period?

North America is anticipated to account for major share during the forecast period

Who are the prominent empty capsules manufacturers?

ACG, Lonza Group Ltd., Qualicaps (Mitsubishi Chemical Group Corporation), Seoheung Co., Ltd., The Roxlor Group, Nectar Lifesciences Ltd., Medi-Caps Ltd., CapsCanada, and Natural Capsules Limited

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumption and Research Methodology

    3. Executive Summary: Global Empty Capsules Market

    4. Market Overview

        4.1. Introduction

            4.1.1. Segment Definition

        4.2. Overview

        4.3. Market Dynamics

            4.3.1. Drivers

            4.3.2. Restraints

            4.3.3. Opportunities

        4.4. Global Empty Capsules Market Analysis and Forecast, 2017 - 2031

            4.4.1. Market Revenue Projections (US$ Mn)

    5. Key Insights

        5.1. Porter’s Five Force Analysis

        5.2. Regulation of Dietary Supplements, by Country

        5.3. Innovation in Capsule Technology

        5.4. Key Industry Events

        5.5. COVID-19 Pandemic Impact on Industry

    6. Global Empty Capsules Market Analysis and Forecast, by Source

        6.1. Introduction & Definition

        6.2. Key Findings / Developments

        6.3. Market Value Forecast by Source, 2017 - 2031

            6.3.1. Porcine

            6.3.2. Bovine

            6.3.3. Marine

            6.3.4. Natural

        6.4. Market Attractiveness by Source

    7. Global Empty Capsules Market Analysis and Forecast, by Type

        7.1. Introduction & Definition

        7.2. Key Findings / Developments

        7.3. Market Value Forecast by Type, 2017 - 2031

            7.3.1. Gelatin Capsules

                7.3.1.1. Hard Gelatin Capsules

                7.3.1.2. Soft Gelatin Capsules

            7.3.2. Non-gelatin Capsules

        7.4. Market Attractiveness by Type

    8. Global Empty Capsules Market Analysis and Forecast, by Functionality

        8.1. Introduction & Definition

        8.2. Key Findings / Developments

        8.3. Market Value Forecast by Functionality, 2017 - 2031

            8.3.1. Immediate Release

            8.3.2. Sustained Release

            8.3.3. Delayed Release

        8.4. Market Attractiveness by Functionality

    9. Global Empty Capsules Market Analysis and Forecast, by Application

        9.1. Introduction & Definition

        9.2. Key Findings / Developments

        9.3. Market Value Forecast by Application, 2017 - 2031

            9.3.1. Antibiotic & Antibacterial Drugs

            9.3.2. Dietary Supplements

            9.3.3. Antacid & Antiflatulent Preparations

            9.3.4. Cardiovascular Therapy Drugs

            9.3.5. Cough & Cold Drugs

            9.3.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        9.4. Market Attractiveness by Application

    10. Global Empty Capsules Market Analysis and Forecast, by End-user

        10.1. Introduction & Definition

        10.2. Key Findings / Developments

        10.3. Market Value Forecast by End-user, 2017 - 2031

            10.3.1. Pharmaceutical & Biopharmaceutical Companies

            10.3.2. Nutraceutical Companies

            10.3.3. Others

        10.4. Market Attractiveness by End-user

    11. Global Empty Capsules Market Analysis and Forecast, by Region

        11.1. Key Findings

        11.2. Market Value Forecast by Region

            11.2.1. North America

            11.2.2. Europe

            11.2.3. Asia Pacific

            11.2.4. Latin America

            11.2.5. Middle East & Africa

        11.3. Market Attractiveness by Country/Region

    12. North America Empty Capsules Market Analysis and Forecast

        12.1. Introduction

            12.1.1. Key Findings

        12.2. Market Value Forecast by Source, 2017 - 2031

            12.2.1. Porcine

            12.2.2. Bovine

            12.2.3. Marine

            12.2.4. Natural

        12.3. Market Value Forecast by Type, 2017 - 2031

            12.3.1. Gelatin Capsules

                12.3.1.1. Hard Gelatin Capsules

                12.3.1.2. Soft Gelatin Capsules

            12.3.2. Non-gelatin Capsules

        12.4. Market Value Forecast by Functionality, 2017 - 2031

            12.4.1. Immediate Release

            12.4.2. Sustained Release

            12.4.3. Delayed Release

        12.5. Market Value Forecast by Application, 2017 - 2031

            12.5.1. Antibiotic & Antibacterial Drugs

            12.5.2. Dietary Supplements

            12.5.3. Antacid & Antiflatulent Preparations

            12.5.4. Cardiovascular Therapy Drugs

            12.5.5. Cough & Cold Drugs

            12.5.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        12.6. Market Value Forecast by End-User, 2017 - 2031

            12.6.1. Pharmaceutical & Biopharmaceutical Companies

            12.6.2. Nutraceutical Companies

            12.6.3. Others

        12.7. Market Value Forecast by Country, 2017 - 2031

            12.7.1. U.S.

            12.7.2. Canada

        12.8. Market Attractiveness Analysis

            12.8.1. by Source

            12.8.2. by Type

            12.8.3. by Functionality

            12.8.4. by Application

            12.8.5. by End-user

            12.8.6. by Country

    13. Europe Empty Capsules Market Analysis and Forecast

        13.1. Introduction

            13.1.1. Key Findings

        13.2. Market Value Forecast by Source, 2017 - 2031

            13.2.1. Porcine

            13.2.2. Bovine

            13.2.3. Marine

            13.2.4. Natural

        13.3. Market Value Forecast by Type, 2017 - 2031

            13.3.1. Gelatin Capsules

                13.3.1.1. Hard Gelatin Capsules

                13.3.1.2. Soft Gelatin Capsules

            13.3.2. Non-gelatin Capsules

        13.4. Market Value Forecast by Functionality, 2017 - 2031

            13.4.1. Immediate Release

            13.4.2. Sustained Release

            13.4.3. Delayed Release

        13.5. Market Value Forecast by Application, 2017 - 2031

            13.5.1. Antibiotic & Antibacterial Drugs

            13.5.2. Dietary Supplements

            13.5.3. Antacid & Antiflatulent Preparations

            13.5.4. Cardiovascular Therapy Drugs

            13.5.5. Cough & Cold Drugs

            13.5.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        13.6. Market Value Forecast by End-User, 2017 - 2031

            13.6.1. Pharmaceutical & Biopharmaceutical Companies

            13.6.2. Nutraceutical Companies

            13.6.3. Others

        13.7. Market Value Forecast by Country/Sub-region, 2017 - 2031

            13.7.1. Germany

            13.7.2. U.K.

            13.7.3. France

            13.7.4. Italy

            13.7.5. Spain

            13.7.6. Rest of Europe

        13.8. Market Attractiveness Analysis

            13.8.1. by Source

            13.8.2. by Type

            13.8.3. by Functionality

            13.8.4. by Application

            13.8.5. by End-user

            13.8.6. by Country/Sub-region

    14. Asia Pacific Empty Capsules Market Analysis and Forecast

        14.1. Introduction

            14.1.1. Key Findings

        14.2. Market Value Forecast by Source, 2017 - 2031

            14.2.1. Porcine

            14.2.2. Bovine

            14.2.3. Marine

            14.2.4. Natural

        14.3. Market Value Forecast by Type, 2017 - 2031

            14.3.1. Gelatin Capsules

                14.3.1.1. Hard Gelatin Capsules

                14.3.1.2. Soft Gelatin Capsules

            14.3.2. Non-gelatin Capsules

        14.4. Market Value Forecast by Functionality, 2017 - 2031

            14.4.1. Immediate Release

            14.4.2. Sustained Release

            14.4.3. Delayed Release

        14.5. Market Value Forecast by Application, 2017 - 2031

            14.5.1. Antibiotic & Antibacterial Drugs

            14.5.2. Dietary Supplements

            14.5.3. Antacid & Antiflatulent Preparations

            14.5.4. Cardiovascular Therapy Drugs

            14.5.5. Cough & Cold Drugs

            14.5.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        14.6. Market Value Forecast by End-user, 2017 - 2031

            14.6.1. Pharmaceutical & Biopharmaceutical Companies

            14.6.2. Nutraceutical Companies

            14.6.3. Others

        14.7. Market Value Forecast by Country/Sub-region, 2017 - 2031

            14.7.1. China

            14.7.2. Japan

            14.7.3. India

            14.7.4. Australia & New Zealand

            14.7.5. Rest of Asia Pacific

        14.8. Market Attractiveness Analysis

            14.8.1. by Source

            14.8.2. by Type

            14.8.3. by Functionality

            14.8.4. by Application

            14.8.5. by End-user

            14.8.6. by Country/Sub-region

    15. Latin America Empty Capsules Market Analysis and Forecast

        15.1. Introduction

            15.1.1. Key Findings

        15.2. Market Value Forecast by Source, 2017 - 2031

            15.2.1. Porcine

            15.2.2. Bovine

            15.2.3. Marine

            15.2.4. Natural

        15.3. Market Value Forecast by Type, 2017 - 2031

            15.3.1. Gelatin Capsules

                15.3.1.1. Hard Gelatin Capsules

                15.3.1.2. Soft Gelatin Capsules

            15.3.2. Non-gelatin Capsules

        15.4. Market Value Forecast by Functionality, 2017 - 2031

            15.4.1. Immediate Release

            15.4.2. Sustained Release

            15.4.3. Delayed Release

        15.5. Market Value Forecast by Application, 2017 - 2031

            15.5.1. Antibiotic & Antibacterial Drugs

            15.5.2. Dietary Supplements

            15.5.3. Antacid & Antiflatulent Preparations

            15.5.4. Cardiovascular Therapy Drugs

            15.5.5. Cough & Cold Drugs

            15.5.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        15.6. Market Value Forecast by End-user, 2017 - 2031

            15.6.1. Pharmaceutical & Biopharmaceutical Companies

            15.6.2. Nutraceutical Companies

            15.6.3. Others

        15.7. Market Value Forecast by Country/Sub-region, 2017 - 2031

            15.7.1. Brazil

            15.7.2. Mexico

            15.7.3. Rest of Latin America

        15.8. Market Attractiveness Analysis

            15.8.1. by Source

            15.8.2. by Type

            15.8.3. by Functionality

            15.8.4. by Application

            15.8.5. by End-user

            15.8.6. by Country/Sub-region

    16. Middle East & Africa Empty Capsules Market Analysis and Forecast

        16.1. Introduction

            16.1.1. Key Findings

        16.2. Market Value Forecast by Source, 2017 - 2031

            16.2.1. Porcine

            16.2.2. Bovine

            16.2.3. Marine

            16.2.4. Natural

        16.3. Market Value Forecast by Type, 2017 - 2031

            16.3.1. Gelatin Capsules

                16.3.1.1. Hard Gelatin Capsules

                16.3.1.2. Soft Gelatin Capsules

            16.3.2. Non-gelatin Capsules

        16.4. Market Value Forecast by Functionality, 2017 - 2031

            16.4.1. Immediate Release

            16.4.2. Sustained Release

            16.4.3. Delayed Release

        16.5. Market Value Forecast by Application, 2017 - 2031

            16.5.1. Antibiotic & Antibacterial Drugs

            16.5.2. Dietary Supplements

            16.5.3. Antacid & Antiflatulent Preparations

            16.5.4. Cardiovascular Therapy Drugs

            16.5.5. Cough & Cold Drugs

            16.5.6. Others (Antianemic Preparations, Anti-inflammatory Drugs, etc.)

        16.6. Market Value Forecast by End-user, 2017 - 2031

            16.6.1. Pharmaceutical & Biopharmaceutical Companies

            16.6.2. Nutraceutical Companies

            16.6.3. Others

        16.7. Market Value Forecast by Country/Sub-region, 2017 - 2031

            16.7.1. GCC Countries

            16.7.2. South Africa

            16.7.3. Rest of Middle East & Africa

        16.8. Market Attractiveness Analysis

            16.8.1. by Source

            16.8.2. by Type

            16.8.3. by Functionality

            16.8.4. by Application

            16.8.5. by End-user

            16.8.6. by Country/Sub-region

    17. Competition Landscape

        17.1. Market Player - Competition Matrix (by Tier and Size of companies)

        17.2. Market Share Analysis by Company (2022)

        17.3. Company Profiles

            17.3.1. ACG

                17.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.1.2. Product Portfolio

                17.3.1.3. Financial Overview

                17.3.1.4. SWOT Analysis

                17.3.1.5. Strategic Overview

            17.3.2. Lonza Group Ltd.

                17.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.2.2. Product Portfolio

                17.3.2.3. Financial Overview

                17.3.2.4. SWOT Analysis

                17.3.2.5. Strategic Overview

            17.3.3. Qualicaps (Mitsubishi Chemical Group Corporation)

                17.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.3.2. Product Portfolio

                17.3.3.3. Financial Overview

                17.3.3.4. SWOT Analysis

                17.3.3.5. Strategic Overview

            17.3.4. Seoheung Co., Ltd.

                17.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.4.2. Product Portfolio

                17.3.4.3. Financial Overview

                17.3.4.4. SWOT Analysis

                17.3.4.5. Strategic Overview

            17.3.5. The Roxlor Group

                17.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.5.2. Product Portfolio

                17.3.5.3. Financial Overview

                17.3.5.4. SWOT Analysis

                17.3.5.5. Strategic Overview

            17.3.6. Nectar Lifesciences Ltd

                17.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.6.2. Product Portfolio

                17.3.6.3. Financial Overview

                17.3.6.4. SWOT Analysis

                17.3.6.5. Strategic Overview

            17.3.7. Medi-Caps Ltd.

                17.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.7.2. Product Portfolio

                17.3.7.3. Financial Overview

                17.3.7.4. SWOT Analysis

                17.3.7.5. Strategic Overview

            17.3.8. CapsCanada

                17.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.8.2. Product Portfolio

                17.3.8.3. Financial Overview

                17.3.8.4. SWOT Analysis

                17.3.8.5. Strategic Overview

            17.3.9. Natural Capsules Limited

                17.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)

                17.3.9.2. Product Portfolio

                17.3.9.3. Financial Overview

                17.3.9.4. SWOT Analysis

                17.3.9.5. Strategic Overview

    List of Tables

    Table 01: Global Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 02: Global Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 03: Global Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 04: Global Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 05: Global Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    Table 06: Global Empty Capsules Market Value (US$ Mn) Forecast, by Region, 2017-2031

    Table 07: North America Empty Capsules Market Value (US$ Mn) Forecast, by Country, 2017-2031

    Table 08: North America Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 09: North America Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 10: North America Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 11: North America Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 12: North America Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    Table 13: Europe Empty Capsules Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2031

    Table 14: Europe Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 15: Europe Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 16: Europe Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 17: Europe Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 18: Europe Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    Table 19: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by Country, 2017-2031

    Table 20: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 21: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 22: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 23: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 24: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    Table 25: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2031

    Table 26: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 27: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 28: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 29: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 30: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    Table 31: Latin America Empty Capsules Market Value (US$ Mn) Forecast, by Product, 2017-2031

    Table 32: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2031

    Table 33: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by Source, 2017-2031

    Table 34: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by Type, 2017-2031

    Table 35: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by Functionality, 2017-2031

    Table 36: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by Application, 2017-2031

    Table 37: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, by End-user, 2017-2031

    List of Figures

    Figure 01: Global Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 02: Global Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 03: Global Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 04: Global Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 05: Global Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 06: Global Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 07: Global Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 08: Global Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 09: Global Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 10: Global Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 11: Global Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 12: Global Empty Capsules Market Value Share Analysis, by Region, 2022 and 2031

    Figure 13: Global Empty Capsules Market Attractiveness Analysis, by Region, 2023-2031

    Figure 14: North America Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 15: North America Empty Capsules Market Value Share Analysis, by Country, 2022 and 2031

    Figure 16: North America Empty Capsules Market Attractiveness Analysis, by Country, 2023-2031

    Figure 17: North America Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 18: North America Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 19: North America Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 20: North America Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 21: North America Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 22: North America Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 23: North America Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 24: North America Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 25: North America Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 26: North America Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 27: Europe Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 28: Europe Empty Capsules Market Value Share Analysis, by Country/Sub-region, 2022 and 2031

    Figure 29: Europe Empty Capsules Market Attractiveness Analysis, by Country/Sub-region, 2023-2031

    Figure 30: Europe Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 31: Europe Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 32: Europe Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 33: Europe Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 34: Europe Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 35: Europe Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 36: Europe Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 37: Europe Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 38: Europe Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 39: Europe Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 40: Asia Pacific Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 41: Asia Pacific Empty Capsules Market Value Share Analysis, by Country/Sub-region, 2022 and 2031

    Figure 42: Asia Pacific Empty Capsules Market Attractiveness Analysis, by Country/Sub-region, 2023-2031

    Figure 43: Asia Pacific Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 44: Asia Pacific Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 45: Asia Pacific Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 46: Asia Pacific Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 47: Asia Pacific Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 48: Asia Pacific Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 49: Asia Pacific Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 50: Asia Pacific Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 51: Asia Pacific Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 52: Asia Pacific Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 53: Latin America Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 54: Latin America Empty Capsules Market Value Share Analysis, by Country/Sub-region, 2022 and 2031

    Figure 55: Latin America Empty Capsules Market Attractiveness Analysis, by Country/Sub-region, 2023-2031

    Figure 56: Latin America Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 57: Latin America Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 58: Latin America Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 59: Latin America Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 60: Latin America Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 61: Latin America Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 62: Latin America Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 63: Latin America Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 64: Latin America Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 65: Latin America Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 66: Middle East & Africa Empty Capsules Market Value (US$ Mn) Forecast, 2017-2031

    Figure 67: Middle East & Africa Empty Capsules Market Value Share Analysis, by Country/Sub-region, 2022 and 2031

    Figure 68: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by Country/Sub-region, 2023-2031

    Figure 69: Middle East & Africa Empty Capsules Market Value Share Analysis, by Source, 2022 and 2031

    Figure 70: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by Source, 2023-2031

    Figure 71: Middle East & Africa Empty Capsules Market Value Share Analysis, by Type, 2022 and 2031

    Figure 72: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by Type, 2023-2031

    Figure 73: Middle East & Africa Empty Capsules Market Value Share Analysis, by Functionality, 2022 and 2031

    Figure 74: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by Functionality, 2023-2031

    Figure 75: Middle East & Africa Empty Capsules Market Value Share Analysis, by Application, 2022 and 2031

    Figure 76: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by Application, 2023-2031

    Figure 77: Middle East & Africa Empty Capsules Market Value Share Analysis, by End-user, 2022 and 2031

    Figure 78: Middle East & Africa Empty Capsules Market Attractiveness Analysis, by End-user, 2023-2031

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