Global Gelatin Type Hard Capsules Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Gelatin Type Hard Capsules Market Research Report 2024
According to Mr Accuracy reports new survey, global Gelatin Type Hard Capsules market is projected to reach US$ 9643 million in 2029, increasing from US$ 7323 million in 2022, with the CAGR of 4.0% during the period of 2024 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Gelatin Type Hard Capsules market research.
The Gelatin Type Hard Capsules market, which involves the production and use of hard capsules made from gelatin, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Gelatin Type Hard Capsules market
Drivers
Pharmaceutical and Nutraceutical DemandThe pharmaceutical and nutraceutical industries are major consumers of gelatin type hard capsules for the encapsulation of drugs, vitamins, and supplements.
Ease of SwallowingGelatin capsules are easy to swallow and are preferred by many consumers, making them a popular choice for oral medication delivery.
Customization and BrandingGelatin capsules can be easily customized with different colors, sizes, and printing options, allowing pharmaceutical companies to brand their products.
BiodegradabilityGelatin capsules are biodegradable and considered environmentally friendly, aligning with sustainability goals.
Cosmetics and Personal CareGelatin capsules are used in the cosmetics and personal care industry for the encapsulation of beauty and skincare ingredients.
Flexibility in FormulationGelatin capsules can encapsulate a wide range of formulations, including powders, granules, liquids, and semi-solids.
Targeted Drug DeliveryAdvances in capsule technology allow for targeted drug delivery and controlled release formulations, enhancing therapeutic outcomes.
Compliance with Regulatory StandardsGelatin capsules are generally recognized as safe (GRAS) by regulatory agencies, making them widely accepted in the pharmaceutical and food industries.
Restrictions
Religious and Dietary RestrictionsGelatin is often derived from animal sources, primarily bovine or porcine, which may pose religious and dietary restrictions for certain consumers.
Vegan and Vegetarian PreferencesThe demand for plant-based and vegetarian alternatives to gelatin capsules has led to the development of alternative capsule materials, such as cellulose-based capsules.
Allergenic PotentialGelatin capsules have the potential to cause allergies in some individuals, particularly those with gelatin allergies.
Shelf-Life ConcernsGelatin capsules may have a shorter shelf life compared to some alternative capsule materials, leading to concerns about product stability over time.
Regulatory ComplianceCompliance with specific regulations and standards related to capsule production, especially in the pharmaceutical industry, can be complex and costly.
Capsule SourcingEnsuring a consistent and safe supply of high-quality gelatin for capsule production can be challenging and subject to supply chain disruptions.
CompetitionThe market for gelatin capsules faces competition from alternative capsule materials, requiring manufacturers to differentiate their products.
Sustainability ConcernsWhile biodegradable, the sourcing and production of gelatin may have environmental and sustainability concerns, leading to a shift toward alternative materials.
Size and Shape LimitationsGelatin capsules may have limitations in terms of size and shape, which can impact the type and quantity of substances that can be encapsulated.
Overall, the Gelatin Type Hard Capsules market remains prominent in the pharmaceutical, nutraceutical, and personal care industries. However, evolving consumer preferences, dietary considerations, and environmental concerns are driving the development of alternative capsule materials, challenging the market to adapt and innovate.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Gelatin Type Hard Capsules market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Capsugel
ACG Associated Capsules
JC Biological Technology
CapsCanada
Medicaps
Qualicaps (Mitsubishi Chemical)
Patheon (Banner Pharmacaps)
Roxlor
Sunil Healthcare
Arab-Caps
Jedco International Pharmaceutical
Pharco
ACPL
Segment by Type
Bovine Source Gelatin Type Hard Capsules
Fish Source Gelatin Type Hard Capsules
Others
Pharmaceutical
Nutraceutical
Cosmetics
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Gelatin Type Hard Capsules report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
The Gelatin Type Hard Capsules market, which involves the production and use of hard capsules made from gelatin, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Gelatin Type Hard Capsules market
Drivers
Pharmaceutical and Nutraceutical DemandThe pharmaceutical and nutraceutical industries are major consumers of gelatin type hard capsules for the encapsulation of drugs, vitamins, and supplements.
Ease of SwallowingGelatin capsules are easy to swallow and are preferred by many consumers, making them a popular choice for oral medication delivery.
Customization and BrandingGelatin capsules can be easily customized with different colors, sizes, and printing options, allowing pharmaceutical companies to brand their products.
BiodegradabilityGelatin capsules are biodegradable and considered environmentally friendly, aligning with sustainability goals.
Cosmetics and Personal CareGelatin capsules are used in the cosmetics and personal care industry for the encapsulation of beauty and skincare ingredients.
Flexibility in FormulationGelatin capsules can encapsulate a wide range of formulations, including powders, granules, liquids, and semi-solids.
Targeted Drug DeliveryAdvances in capsule technology allow for targeted drug delivery and controlled release formulations, enhancing therapeutic outcomes.
Compliance with Regulatory StandardsGelatin capsules are generally recognized as safe (GRAS) by regulatory agencies, making them widely accepted in the pharmaceutical and food industries.
Restrictions
Religious and Dietary RestrictionsGelatin is often derived from animal sources, primarily bovine or porcine, which may pose religious and dietary restrictions for certain consumers.
Vegan and Vegetarian PreferencesThe demand for plant-based and vegetarian alternatives to gelatin capsules has led to the development of alternative capsule materials, such as cellulose-based capsules.
Allergenic PotentialGelatin capsules have the potential to cause allergies in some individuals, particularly those with gelatin allergies.
Shelf-Life ConcernsGelatin capsules may have a shorter shelf life compared to some alternative capsule materials, leading to concerns about product stability over time.
Regulatory ComplianceCompliance with specific regulations and standards related to capsule production, especially in the pharmaceutical industry, can be complex and costly.
Capsule SourcingEnsuring a consistent and safe supply of high-quality gelatin for capsule production can be challenging and subject to supply chain disruptions.
CompetitionThe market for gelatin capsules faces competition from alternative capsule materials, requiring manufacturers to differentiate their products.
Sustainability ConcernsWhile biodegradable, the sourcing and production of gelatin may have environmental and sustainability concerns, leading to a shift toward alternative materials.
Size and Shape LimitationsGelatin capsules may have limitations in terms of size and shape, which can impact the type and quantity of substances that can be encapsulated.
Overall, the Gelatin Type Hard Capsules market remains prominent in the pharmaceutical, nutraceutical, and personal care industries. However, evolving consumer preferences, dietary considerations, and environmental concerns are driving the development of alternative capsule materials, challenging the market to adapt and innovate.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Gelatin Type Hard Capsules market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Capsugel
ACG Associated Capsules
JC Biological Technology
CapsCanada
Medicaps
Qualicaps (Mitsubishi Chemical)
Patheon (Banner Pharmacaps)
Roxlor
Sunil Healthcare
Arab-Caps
Jedco International Pharmaceutical
Pharco
ACPL
Segment by Type
Bovine Source Gelatin Type Hard Capsules
Fish Source Gelatin Type Hard Capsules
Others
Segment by Application
Pharmaceutical
Nutraceutical
Cosmetics
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Gelatin Type Hard Capsules report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices