Healthcare / Halal And Kosher Empty Capsules Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Lonza Group, ACG Associated Capsules, Qualicaps, Suheung
Halal and Kosher Empty Capsules Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Lonza Group, ACG Associated Capsules, Qualicaps, Suheung
The Halal and Kosher Empty Capsules Market size was valued at US$ 1475.20 million in 2021 and is expected to increase to US$ 2290.15 million by 2027, at a CAGR of 7.6% from 2022 to 2027.
Halal and Kosher Empty Capsules Market Overview
Halal and kosher empty capsules are certified as halal and kosher. These capsules are created from either hydroxypropyl methycellulose or pure water, and they are non-GMO and gluten-free. Some of the capsules that have already gained the halal and kosher certifications include Vcaps Plus and Plantacaps. The main drivers of market expansion include an increase in the demand for vegetarian and halal-based capsules, as well as for empty capsule shells devoid of transmissible spongiform encephalopathies (TSE), prion, and bovine spongiform encephalopathies (BSE) for use in a variety of pharmaceutical, clinical research, and cosmetic industries. The global market for halal and kosher empty capsules is predicted to be driven by an increase in demand from the pharmaceutical industry for high-quality empty hard gelatin capsules. Increased production of cardiovascular medications, anti-cancer drugs, probiotics, and other drugs in capsule form by the pharmaceutical and nutraceutical industries also contributes to the market's expansion. But expensive vegetarian capsules limit commercial expansion. On the other hand, undeveloped economies are anticipated to provide the industry significant expansion prospects. The growing senior population raises the risk of heart disease. As a result, the global market for halal and kosher empty capsules is boosted by the increase in demand for therapeutically effective pharmaceuticals. The geriatric population is growing as a result of increased acceptance of cutting-edge medical treatments that increase life expectancy. The global market for halal and kosher empty capsules is expected to expand due to the rising demand for vitamins and supplements. The considerable advantages that capsules offer are, nevertheless, important drivers of the global industry.
Industry News and Updates:
2019-12-22: Natural capsules to acquire API business of Naari Pharma Private Limited--
Natural capsules Limited(Natural Capsules) has announced that it has entered into an arrangement to acquire API business of Naari Pharma Private Limited, an integrated Hormonal Generics & API manufacturer on a slump sale basis for a consideration of INR 245 mn. The acquisition includes the hormonal API manufacturing site located at Kashipur, Uttarakhand and associated business focused on Hormonal API segment. Naari is one of the few hormonal / steroid API manufacturers in India, serving both domestic & international markets, Naari is not a related party to any of the promoters.
What are the major Applications, Types and Regions for Halal and Kosher Empty Capsules Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Gelatin Empty Capsules
Vegetable Empty Capsules
By Application, it is segmented into
Pharmaceuticals
Health Supplement
Others
Halal and Kosher Empty Capsules Market Regional Analysis
Europe is anticipated to dominate the global market for halal and kosher empty capsules. The presence of major market participants and early adoption of modern technologies can be credited with the growth of the industry in the area.
The Asia Pacific halal and kosher empty capsules market is predicted to expand rapidly during the forecast period, owing to an increase in health care expenditure, the prevalence of various diseases, and an increase in the number of senior populations.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Halal and Kosher Empty Capsules Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Halal and Kosher Empty Capsules Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Halal and Kosher Empty Capsules Market report scope?
Yes, the report can be customized as per your needs
Key Takeaways from this Halal and Kosher Empty Capsules Market Report
Evaluate Halal and Kosher Empty Capsules market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Halal and Kosher Empty Capsules market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Halal and Kosher Empty Capsules Market?
The Halal and Kosher Empty Capsules Market is growing at a CAGR of 7.6% over the next 5 years.
Who are the key players in Halal and Kosher Empty Capsules Market?
What are the significant types of Halal and Kosher Empty Capsules Market?
Gelatin Empty Capsules, Vegetable Empty Capsules
What are the major end-use applications of Halal and Kosher Empty Capsules Market?
Pharmaceuticals, Health Supplement, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
