The growing R&D activities in the pharmaceutical industry and other major driving factors is expected to favor the rise in the global powder-filled hard gelatin capsules market
Reports and Insights has published a new report titled, “Powder-Filled Hard Gelatin Capsules Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Powder-Filled Hard Gelatin Capsules Market, By Source (Pork Skin, Bovine Bones), By Capsule Size (000 Capsule Size, 00 Capsule Size, 0 Capsule Size, 1 Capsule Size, 3 Capsule Size), By Dosage System (Magnetically controlled capsule, Immediate-release Capsules, Sustained-release Capsules, Delayed-release Capsules), By Application (Antibacterial, Anticancer, Anti-inflammatory, Analgesics, Cardiovascular Drugs, Cough And Cold Drug, Antacid & Antiflatulent Drugs, Antiemetic, Others), By End Users (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry, Research Laboratories) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global powder-filled hard gelatin capsules market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
Capsules are the second most commonly used drug delivery dosage form, closely following the tablets. Owing to their high flexibility in respect of their usefulness and stuffing material, they are well-known in the nutraceutical as well as pharmaceutical domain. Empty capsules are broadly available in two types in the market known as, soft gelatin capsules and hard gelatin capsules.
Gelatin is basically a pallid, nearly flavorless, translucent protein-energy substance that is fragile when elastic and dry when blended with governed amounts of moisture. Hard gelatin capsules, also known as two-piece capsules or hard-shell gelatin capsules can be understood as solid dosage forms in which one or more therapeutic substances and/or torpid materials are enveloped within a tiny shell. They are a long-established dosage form that offers solutions to numerous present day’s drug delivery and nutraceutical formulation disputes. Even though extremely hard, they appease swiftly and conk out whilst ingesting with water.
The concerns associated with soft gelatine capsules (SGC) are vanquished by hard gelatine capsules (HGC). Attributing to which, the global powder-filled hard gelatin capsules market is projected to rise significantly over the following years. In addition to that, hard gelatine capsules can be stuffed by hand for test or research purposes or when padding a few capsules in the drug store, which further escalates its demand all across the markets.
Moreover, the growing R&D activities and clinical trial studies in the pharmaceutical industry, worldwide, is further estimated to contribute positively to the market growth in the forthcoming years. Having said that, gelatin is developed by irrevocable, prejudiced hydrolysis of collagen, which is acquired from animal bones and skin.
Furthermore, the rising demand of meat-free food supplies and diet as well as increasing number of vegan populations all across the world is likely to slow down the growth of the global powder-filled hard gelatin market in the coming years.
Reports and Insights Study identifies some of the key participating players in the powder-filled hard gelatin capsules market globally are ACG Worldwide, Farmacapsulas S.A., Lonza, GELITA AG, ACG Group, Qualicaps, Suheung Co. Ltd., CapsCanada Corporation, Qingdao Yiqing Medicinal Capsules Co.Ltd., Shanxi Guangsheng Medicinal Capsules Co.Ltd., Medi-Caps Ltd., among others.
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