The Global Empty Capsules Market has been gaining a lot of traction in recent years due to the growing demand for drugs and pharmaceutical products. Empty capsules are two-piece capsules or one-piece capsules used as a shell to enclose pharmaceutical ingredients for various drugs. They are made up of gelatin, starch or cellulose based compounds and provide multiple advantages over other dosage forms such as ease of ingestion, accurate dosing and enhanced absorption. The versatility of capsules to encapsulate different formulations such as powders, granules, liquids and semi-solids further fuels their adoption. The growth of the nutraceutical and dietary supplement industries which leverage empty capsules extensively has also propelled market expansion.
The Global Empty Capsules Market is estimated to be valued at US$ 27.25 Bn in 2024 and is expected to exhibit a CAGR of 18% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Empty Capsules Market are Cameron International Corporation, Eaton Corporation Plc., Gates Corporation, Parker Hannifin Corporation, Manuli Hydraulics, Kurt Hydraulics, RYCO Hydraulics pty. Ltd., ITI Corporation, SPX Corporation. These companies have been focusing on expanding their production capacities and capabilities to match the rising demand.
The Global Empty Capsules Market Trends has been witnessing a steady rise due to the growing consumption of pharmaceutical drugs and nutraceutical products globally. Changing lifestyles and increasing health concerns have further boosted the demand for dietary supplements which incorporate empty capsules.
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