Authored By: Sarah
11 Jul 2024

 Vegetable Capsules Market Size to grow by USD 274.25 million between 2024-2028

According to a research report “ Vegetable Capsules Market” by Application (Health supplements, Pharmaceuticals, Others) Material (Cellulose, Starch, Pullulan) Geography (North America, Europe, Asia, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 274.25 million, at a CAGR of  8.68% during the forecast period. In the pharmaceutical industry, vegetable capsules have emerged as a preferred choice for encapsulating various formulations due to their compatibility and versatility. These capsules can effectively contain pharmaceutical drugs, herbal extracts, dietary supplements, and probiotics. The use of vegetable capsules offers several advantages over gelatin capsules, including better stability and protection for sensitive ingredients. Vegetable capsules exhibit greater resistance to environmental conditions such as humidity and temperature, ensuring the encapsulated components maintain their efficacy and stability for extended periods. This feature is essential for drugs and supplements that necessitate prolonged shelf lives and reliable protection against degradation.

Browse market data tables, figures, and in-depth TOC on “Vegetable Capsules Market” by Application (Health supplements, Pharmaceuticals, Others) Material (Cellulose, Starch, Pullulan) Geography (North America, Europe, Asia, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample

 

By Application, the Health supplements segment is projected to dominate the market size in 2024

In the health supplement industry, cellulose-based vegetable capsules have emerged as a preferred choice for both manufacturers and consumers. Derived primarily from natural sources, such as plant cell walls, these capsules offer several advantages. As a renewable and abundant resource, cellulose is sourced from various plants, including trees, cotton, and crops, ensuring a sustainable supply chain. This eco-friendly attribute sets cellulose-based capsules apart from those derived from animal-based materials, such as gelatin. Furthermore, the increasing trend towards vegetarian and vegan-friendly products is driving demand for cellulose-based capsules, making them a significant growth area in the market.

By Material, Cellulose  segment is expected to hold the largest market size for the year 2024

In the health supplement industry, vegetable capsules have emerged as a preferred encapsulation solution for various nutraceuticals and dietary supplements. These capsules are utilized for the encapsulation of vitamins, minerals, herbal extracts, probiotics, and other nutraceutical components. The global trend towards personal health and wellness has significantly boosted the popularity of health supplements among consumers. Vegetable capsules offer distinct advantages over other capsule materials, making them an ideal delivery system for these supplements. The increasing health consciousness among consumers, coupled with the growing preference for functional foods and beverages, is driving a surge in demand for vegetable capsules in the health supplement market.

North America is forecasted to hold the largest market size by region in 2024

The vegetable capsules market in North America is poised for substantial expansion during the forecast period, driven by the escalating trend towards vegetarian and vegan lifestyles among consumers. This shift in consumer preferences is leading to an increased demand for plant-based alternatives in various sectors, such as pharmaceuticals, nutraceuticals, and dietary supplements. Consequently, the vegetable capsules market in North America is experiencing robust growth due to the surging popularity of natural health solutions. The nutraceuticals and supplements industry in North America is witnessing a rapid uptick as an increasing number of individuals seek natural methods to enhance their health and well-being.

The Vegetable Capsules Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ACG
  • Ajix Inc.
  • BioCaps Enterprise
  • Dah Feng Capsule Industry Co. Ltd.
  • Erawat Pharma Ltd.
  • Evonik Industries AG
  • Farmacapsulas S.A.
  • Fortcaps Healthcare Ltd.
  • J RETTENMAIER and SOHNE GmbH and Co KG
  • JC Biotech Pvt. Ltd.
  • Lefancaps LTD.
  • Lonza Group Ltd.
  • Mitsubishi Chemical Group Corp.
  • Natural Capsules Ltd.
  • Qingdao Yiqing Biotechnology Co. Ltd.
  • Shaanxi Genex Bio Tech Co. Ltd.
  • Shaoxing Zhongya Capsule Co. Ltd.
  • Silvaco AS
  • Suheung Co. Ltd.
  • Sunil Healthcare Ltd.
.

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Research Analysis Overview

The Vegetable Capsules Market has witnessed significant growth in recent years due to the increasing demand for health supplements and the rise of health-conscious consumers. These capsules, which come in various sizes and shapes, are used for both pharmaceutical and nutritional purposes. They contain essential nutrients such as amino acids, fatty acids, fiber, minerals, vitamins, and more, making them an ideal choice for boosting the immune system. The production processes for vegetable capsules involve using raw materials like cellulose (Hydroxypropyl Methylcellulose), pullulan, starch, modified sugar, and plant-based natural sources. These capsules are free from animal derivatives like gelatin, making them suitable for vegan populations and vegetarian consumers. Online providers, retail stores, and pharmacies offer a wide range of vegetable capsules for various health conditions and nutritional needs. They are used in the pharmaceutical industry for manufacturing drugs and health supplements, as well as in cosmetics and personal care products. The advantages of vegetable capsules include their plant-based composition, easy swallowing, and versatility. The manufacturing cost of vegetable capsules may be higher than that of gelatin capsules, but their benefits outweigh the additional cost for many consumers.

Market Research Overview

The Vegetable Capsules Market encompasses nutraceutical ingredients used in medicinal foods and functional foods within the nutraceutical industry. These capsules are Vegan-friendly, Non-GMO, and free from preservatives, gluten, and animal derivatives. Vegetable capsules are ideal for dietary supplements due to their disintegration properties, ensuring bioavailability and effectiveness. Liquid formulations and hygroscopic or moisture-sensitive products require taste and odor masking, achieved through essential oils, starch-free, and gluten-free formulations. The vegetable capsules market caters to health-conscious consumers seeking natural products for overall health, anxiety relief, and immune system support. Amino acids, fatty acids, fiber, minerals, and vitamins are essential nutrients often found in vegetable capsules. The pharmaceutical and nutritional purposes of vegetable capsules have made them a popular choice in the dietary supplement industry. Manufacturing processes and raw materials, such as Cellulose (Hydroxypropyl Methylcellulose), Pullulan, starch, and modified sugars, impact production costs. The vegetable capsules market includes online providers, retail stores, hospitals, and cosmetics, catering to various consumer segments. The vegan and vegetarian population is a significant market driver, with plant-based materials like cellulose and plant-based natural sources becoming increasingly popular alternatives to gelatin capsules. Advantages of vegetable capsules include biodegradability, environmental benefits, and cost-effectiveness compared to gelatin capsules. The versatility of vegetable capsules allows for various formulations, making them suitable for a wide range of applications.

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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