July 13, 2022 12:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, July 13, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc.: The empty capsules market projections estimate the market to rise at a CAGR of 7% during the forecast period, from 2019 to 2027. The global empty capsules market size is likely to attain valuation of US$ 3.7 Bn by 2027. The global market was worth around US$ 1.9 Bn in 2018. The global market for empty capsules is expected to be driven by growing demand from the nutraceutical and pharmaceutical industries as well as rising R&D efforts for the introduction of innovative delivery technologies.
The global empty capsules market is anticipated to observe an outstanding growth rate due to the expansion of R&D projects. Clinical studies for the encapsulation of both new and old pharmaceuticals are drawing attention and filling a market gap that has previously gone unfilled. Their demand is likely to be fueled by factors including elasticity of capsules, high bioavailability, and extensive outreach of preventive care in developing nations. As a result, the empty capsules market key players is likely to observe high growth opportunities during the forecast timeline.
For both soft and hard shell capsules, gelatin has traditionally and primarily been utilized as a film-forming. Since it is a protein that has been extracted from animal collagen, there have been questions regarding its application due to worries about the welfare of animals. As a result, it is anticipated that the gelatin capsules category is likely to lose market share in the forthcoming years. Additionally, this will fuel an 11% rise in demand for environmentally friendly, non-gelatin capsules throughout the forecast period.
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Key Findings of Market Report
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Global Empty Capsules Market: Growth Drivers
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Global Empty Capsules Market: Key Players
Some of the key market players are
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Global Empty Capsules Market: Segmentation
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:
Liquid Filled Hard Capsules Market: The global liquid filled hard capsules market is anticipated to reach more than US$ 4 Bn by the end of 2031. The global market is projected to grow at a CAGR of 7.8% from 2022 to 2031
Enteric Soft Gel Capsules Market: The global enteric soft gel capsules market was valued at US$ 210.3 Mn in 2018. The enteric soft gel capsules market is projected to expand at a CAGR of ~7% from 2019 to 2027.
Diabetes Supplements Market: The global diabetes supplements market is expected to reach the value of US$ 13.4 Bn by the end of 2031. It is estimated to expand at a CAGR of 4.2% from 2021 to 2031.
Veterinary Supplements Market: The veterinary supplements market is expected to reach US$ 13.76 Bn by 2031. The veterinary supplements market is anticipated to expand at a CAGR of 6.5% during the forecast period.
Liquid Dietary Supplements Market: The liquid dietary supplements market is expected to surpass the valuation of US$ 42.6 Bn by 2031. It is projected to expand at a robust CAGR of ~9% during the forecast period.
Cardiovascular Proximal Anastomosis Devices Market: The global cardiovascular proximal anastomosis devices market was valued at US$ 12.9 Mn in 2019. It is anticipated to expand at a CAGR of 5.7% from 2020 to 2030.
Cardiovascular & Soft Tissue Repair Patch Market: The global cardiovascular & soft tissue repair patch market was valued at US$ 1.9 Bn in 2018 and is expected to expand at a CAGR of ~10% from 2019 to 2027.
Collagen Peptide and Gelatin Market: The global collagen peptide and gelatin market was valued at US$ 5,976.9 Mn in 2018 and is projected to expand at a CAGR of 8.7% from 2019 to 2027.
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