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Gelatin Capsules Market: Introduction

  • Gelatin capsules, often known as gel caps or gelcaps, are made of gelatin derived from animal skin or bone collagen. Gelatin, a pure protein, is tasteless, gluten-free, and GMO-free, and it provides a safe oral dose form that provides customers a pleasant experience. It enables manufacturers to modify based on color, shape, or size to satisfy the needs of active filling and targeted demographics. Gelatin also allows for diverse release profiles, ranging from enteric (slow) release to rapid release of the active fill, enabling producers to accommodate a wide range of fillings while satisfying customer demands.
  • Gelatin capsules are classified into two types: hard capsules (hardcaps) and soft capsules (softgels). Hardcaps are manufactured before the active component is filled. Contract manufacturers or brand owners fill the empty gelatin capsules with the active ingredient or medication in a subsequent stage. Softgels (or soft capsules) are hermetically sealed one-piece capsules that contain liquids or semisolid fillings. Softgels, unlike hard capsules, are filled at the same time the capsule is manufactured.

Key Drivers, Restraints, and Opportunities of Global Gelatin Capsules Market

  • Nutraceuticals have gained popularity across a wide range of demographics and regions due to its ease of use in supplementing a regular diet and assisting individuals in maintaining optimal health. Rise in adoption of unhealthy lifestyles by urban consumers worldwide, particularly in developed areas, has fueled the demand for nutraceuticals, which is expected to be a key driver of the global gelatin capsules market in the coming years. Aside from nutraceuticals, expansion of the pharmaceutical industry into the cosmeceuticals sector offers significant opportunity for the gelatin capsules market.
  • Rise in popularity of capsules over alternative drug delivery forms as well as an increase in strategic alliances between empty capsule providers and gelatin producers is a significant factor driving the market
  • Furthermore, rise in geriatric population increases the prices for various therapy drugs and nutritional supplements in order to improve health outcomes. However, the animal origin of gelatin, price volatility, and technical constraints are projected to hamper the market during the forecast period.

North America to Capture Major Share of Global Gelatin Capsules Market

  • North America is expected to account for a major share of the global gelatin capsules market. Presence of prominent capsule manufacturers with huge production capabilities as well as the presence of several pharmaceutical giants with large production capacities that use these capsules are likely to boost the market in the region. Furthermore, capsules are a highly popular solid oral dose form and hence, the demand for gelatin capsules in the nutraceutical industry is high in the region.
  • The gelatin capsules market in Asia Pacific is estimated to expand at a rapid pace during the forecast period owing to the expansion of pharmaceutical industries in the region as well as favorable government efforts focused on the development of healthcare infrastructure

Key Players Operating in Global Gelatin Capsules Market

Key market players have been focusing on increasing R&D activities and launching new products for specific application. Major players operating in the global gelatin capsules market are listed below:

  • Aenova Group
  • BASF SE
  • Colorcon Inc.
  • Gel-Tec
  • Lonza Group Ltd
  • Roxlor
  • AlfaCaps LLC

Global Gelatin Capsules Market: Research Scope

Global Gelatin Capsules Market, by Source

  • Porcine
  • Bovine
  • Bone Meal
  • Others

Global Gelatin Capsules Market, by Application

  • Anti-inflammatory Drugs
  • Antibiotic drugs
  • Dietary Supplements
  • Cardiovascular Drugs
  • Others

Global Gelatin Capsules Market, by End-user

  • Pharmaceutical Companies
  • Nutraceutical Companies
  • Cosmeceutical Companies
  • Contract Manufacturing Organizations

Global Gelatin Capsules Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Gelatin Capsules Market

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