Global Gelatin Type Hard Capsules Market Insights, Forecast to 2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Gelatin Type Hard Capsules Market Insights, Forecast to 2034
Global Gelatin Type Hard Capsules market is expected to reach to US$ 7607.9 million in 2024, with a positive growth of %, compared with US$ 7323 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Gelatin Type Hard Capsules industry is evaluated to reach US$ 9643 million in 2029. The CAGR will be 4.0% during 2024 to 2029.
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 Covers
This report presents an overview of global Gelatin Type Hard Capsules market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Gelatin Type Hard Capsules market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2024 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
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
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Gelatin Type Hard Capsules plant distribution, commercial date of Gelatin Type Hard Capsules, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Gelatin Type Hard Capsules introduction, etc. Gelatin Type Hard Capsules Sales, Revenue, Price and Gross Margin of each company from 2018 to 2024
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14Mr Accuracy reports Conclusions of Gelatin Type Hard Capsules
Chapter 15Methodology and Data Sources adopted by Mr Accuracy reports
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 Covers
This report presents an overview of global Gelatin Type Hard Capsules market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Gelatin Type Hard Capsules market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2024 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
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
Segment by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Gelatin Type Hard Capsules plant distribution, commercial date of Gelatin Type Hard Capsules, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Gelatin Type Hard Capsules introduction, etc. Gelatin Type Hard Capsules Sales, Revenue, Price and Gross Margin of each company from 2018 to 2024
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14Mr Accuracy reports Conclusions of Gelatin Type Hard Capsules
Chapter 15Methodology and Data Sources adopted by Mr Accuracy reports
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