Europe Empty Capsules Market

Europe Empty Capsules Market is currently valued at USD 329.28 Million in 2018.
Europe Empty Capsules Market Research Analysis:
In the year 2018, Europe Empty Capsules Market was valued at USD 329.28 Million. By the year
2023, it is expected to reach USD 449.03 Million at pace of 6.4% CAGR.
Empty capsules are oral dosage forms, which are based on the type of manufacturing material
that comes in variety of sizes and colors such as pearl capsules and flavored capsules. There are
various types of capsules such as soft gelatin capsules, hard gelatin capsules, sustained release
capsules, enteric coated capsules, and rectal capsules. These capsules are safe, cheaper, and
are organic in nature when compared to the readymade capsules.
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Europe Empty Capsules Market Growth and Drivers:
The growth for Empty Capsules Market is driven due to factors like increasing usage of empty
capsules in nutraceutical and pharmaceutical industries, rising consumer preference towards
capsule based formulations, growing geriatric population, and rising incidences of chronic
diseases. In addition, increasing demand for non-gelatin capsules, advancements in capsule
delivery technologies, introduction of novel drugs based capsules, and increasing investments
for R&D activities by private organizations are expected to drive the market growth. However,
stringent regulatory policies, increasing raw material costs, issues concerned with the
consumption of capsules containing animal derived ingredients are some of the restraining
factors which are expected hinder the growth rate for Europe Empty Capsules Market during
the forecast period.
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Europe Empty Capsules Market Regional Analysis:
Based on geography the Europe Empty Capsules Market has been primarily divided into United
Kingdom, France, Spain, Italy and Germany. Europe holds the second largest market share in
Empty capsules market during the forecast period.
Market Key Players:
Leading companies for Europe Empty Capsules Market are Capsugel, Acg Worldwide, Suheung
Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor,
LLC, Snail Pharma Industry Co. Ltd., and Sunil Healthcare Limited.
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Europe Empty Capsules Market