Dublin, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The "Empty Capsules - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Empty Capsules Market to Reach $4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Empty Capsules estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.
Gelatin, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Gelatin segment is readjusted to a revised 7.3% CAGR for the next 8-year period.
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
The U.S. Market is Estimated at $737.9 Million, While China is Forecast to Grow at 5.4% CAGR
The Empty Capsules market in the U.S. is estimated at US$737.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$695 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Metrics
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.5 Billion |
| Forecasted Market Value (USD) by 2030 | $4 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- Empty Capsules Market to Register Steady Growth
- Empty Capsules - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
FOCUS ON SELECT PLAYERS (Total 13 Featured)
- ACG Worldwide Pvt., Ltd.
- Bright Pharmacaps Inc.
- Capscanada Corporation
- Capsugel, Inc.
- Healthcaps India Limited
- Medi-Caps Ltd.
- Natural Capsules Ltd.
- Nectar Lifesciences Ltd.
- Qingdao Yiqing Medicinal Capsules Co., Ltd.
- Qualicaps, Inc.
- Roxlor, LLC
- Snail Pharma Industry Co., Ltd.
- Suheung Co Ltd.
- Sunil Healthcare
MARKET TRENDS & DRIVERS
- Rapid Growth in Ageing Population Drives Market Growth
- Global Population Statistics and Estimates for the 60+ Age Group (1990, 2015, 2050E, 2100E)
- Growth in Pharmaceutical Market to Spur Demand
- Worldwide Pharmaceutical Market Growth by region: 2017 and 2022E
- Growth in Pharmaceutical R&D and Clinical Trials to Support Market Demand
- Expenditure (in Billion USD) of Pharmaceutical R&D in the US: 1980-2017)
- Total Registered Studies Number: 2000-2021
- With Increase in Technological Advancements of Drug Delivery Systems, the Market is expected to Register Gains
- Increasing Importance for Sports Nutrition to Bolster Market Growth
- Global Market Value (in Billion USD) of Sports Nutrition: 2014-2024
- Total Market Value (in Billion USD) of Sports Nutrition in North America: 2011-2021E
- Growing Application of Empty Capsules in Cosmetics and Nutraceutical Industries to Bolster Demand
GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/vy8luk-capsules?w=12
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