The global Enteric empty capsules Market experienced robust growth in 2020 and is projected to continue growing at a rapid CAGR during the forecast period. This growth can be attributed to advancements in capsule delivery techniques, developments in the pharmaceutical sector, and increased investment in research and development activities.
Enteric empty capsules are acid-resistant and dissolve only when they reach a pH of 5.5 or higher in the intestinal tract, making them ideal for use in treating various health conditions. The increasing prevalence of health conditions among the elderly population, the growing demand for vegetarian-based empty capsules, and the increasing focus of pharmaceutical companies on improving gastric tolerance are all significant factors driving the growth of the enteric empty capsules market.
However, there are also some restraints to market growth. The use of gelatin in the production of capsules is a common practice but is not preferred by many communities worldwide. Moreover, the increasing inclination towards vegetarian diets is also expected to hamper the growth of the global market in the coming years. The high cost of production and the low availability of gelatin are other factors that are expected to affect the growth of the global enteric empty capsules market over the forecast period.
Request a sample Report of Enteric empty capsules Market https://www.reportsanddata.com/download-free-sample/338
Based on product type, the vegetable type segment is expected to register the highest revenue CAGR during the forecast period. Vegetable capsules, made from cellulose, are best-suited alternatives for gelatin capsules, and increasing preference for non-animal products is boosting segment revenue growth.
In terms of application, the antibiotic and antibacterial drugs segment is expected to account for a significant revenue share during the forecast period. The growing demand for enteric empty capsules to cater to health conditions in the geriatric population is fueling segment growth. Regarding end-use, the health supplement segment is expected to register the fastest CAGR throughout the forecast period. The increasing usage of vitamin supplements and growing health awareness are factors fueling global market growth.
In terms of geography, North America is expected to account for the largest revenue share in the global enteric empty capsules market. The availability of advanced empty capsules, the presence of leading manufacturers and pharmaceutical companies that utilize these enteric empty capsules are key factors boosting market growth in this region. The market in Asia Pacific is projected to register the fastest revenue growth over the forecast period. Factors such as the presence of a huge geriatric population, growing preference for lifestyle diseases, and adoption of enteric empty capsules are fueling overall global market growth.
The global enteric empty capsules market is highly competitive, with leading companies such as Capsugel, ACG Worldwide, Qualicaps, Suheung Co. Ltd, CapsCanada Corporation, Qingdao Yiqing Medicinal Capsules Co., Ltd., Shanxi Guangsheng Medicinal Capsules Co., Ltd, Healthcaps India Ltd., Roxlor, Medi-Caps Ltd., Nectar Lifesciences Ltd., Natural Capsules Ltd., Bright Pharma Caps Inc., and Anhui Huangshan Capsule developing various strategies, including partnerships, collaborations, mergers & acquisitions, joint ventures, and product launches to strengthen their market footprint and expand their product portfolio.
This report offers historical data points and forecasts and revenue growth at a global, regional, and country-level. It provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2028. The report includes industry analysis and competitive landscape, company financials, and impact analysis. It also includes a detailed view of the global enteric empty capsules market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.
Request a customized copy of the report https://www.reportsanddata.com/request-customization-form/338
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact:
John W, Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs
