Authored By: Sarah
19 Aug 2024

Empty Capsules Market 2024-2028: Size and Risk of counterfeiting in pharmaceutical industry; growth driven by the Type, Some of key Companies Positioned Strategically

The empty capsules market size by Type (Gelatin capsules and Non-Gelatin capsules) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 1061.3 million. The market is expected to grow at a CAGR of   7.08% between 2024 and 2028.

  • In the intricate pharmaceutical supply chain, the risk of counterfeit drugs infiltrating the market poses significant threats to both consumers and businesses. Counterfeit pharmaceuticals can jeopardize consumer safety and result in financial losses for pharmaceutical vendors and packaging providers. The complexity of the supply chain, with numerous intermediaries, increases the likelihood of original products being replaced or stolen. This can occur at various stages, from the beginning or end of the supply chain, potentially damaging brand reputation and undermining trust.
  • The Empty Capsules Market represents a significant business opportunity for pharmaceutical and nutraceutical companies. These capsules, devoid of active ingredients, serve as essential components in the production process of various formulations. The market's growth is driven by increasing demand for personalized medicine, dietary supplements, and the ongoing trend of capsule-based drug delivery systems. Companies focusing on innovation and cost-effective solutions are poised to capture a larger market share.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • ACG
  • Ajix Inc.
  • Bright Pharma Caps Inc.
  • Healthcaps India Ltd.
  • Lonza Group Ltd.
  • Mitsubishi Chemical Group Corp.
  • Nectar Lifesciences Ltd.
  • Qingdao Yiqing Biotechnology Co. Ltd.
  • Roxlor LLC
  • Shanxi Guangsheng Medicinal Capsule Co. Ltd.
  • Shanxi JC Biological Technology Co. Ltd.
  • Snail Pharma Industry Co. Ltd.
  • Suheung Co. Ltd.
  • Sunil Healthcare Ltd.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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