The global empty capsules market value was USD 2.43 Billion in 2024, driven by the increasing demand for capsule-based pharmaceutical and nutraceutical products across the globe. The market size is anticipated to grow at a CAGR of 7.00% during the forecast period of 2025-2034 to achieve a value of USD 4.78 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7%
Value in USD Billion
2025-2034
*this image is indicative*
North America is predicted to hold the major share of the empty capsules market during the forecast period, followed by Europe. This can be ascribed to the significant presence of a number of pharmaceutical giants with large capacities utilizing these capsules, along with the large presence of major capsule manufacturers with large production capacities in these regions. The rising emphasis on superior pharmaceutical products and generics by doctors and patients also increased the demand for empty capsules. As the pharmaceutical manufacturing sector in the Asia-Pacific region expands, several factors are expected to drive the impressive growth of empty capsules in the region. The rising patient pool in these regions also drives the market growth.
Empty capsules are stable shells that encapsulate medicines. They are administered in a variety of forms as dosage. Of these, the demand for vegetable/non-gelatine capsules is expected to increase in the coming years. This could be attributed to the rising preference among consumers for natural or non-animal origin capsules.
Breakup by Type
Breakup by Raw Material
Breakup by Functionality
Breakup by Application
Breakup by End User
Breakup by Region
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The growing popularity of capsules over other drug delivery forms has been the major driver of the market. Another pivotal driver is an increase in the strategic collaborations between empty capsule suppliers and gelatine manufacturers. The growing adoption of capsules among the increasing geriatric population is driving the market growth. Further, rapid developments in capsule delivery technologies are set to supplement the market growth. However, ethical concerns, fluctuations in price regarding gelatin, and strict regulations in the pharmaceutical industry are expected to decelerate the market growth.
Capsule delivery has experienced major technological developments over the years. These developments include improvement of capsule shells, capsule-sealing techniques, enhancing fill material, capsule systems to achieve modified drug release, and the encapsulation of different materials. These advancements have propelled the market growth of empty capsules in recent years. Development of technologies such as capsule-in-capsule to protect gastric-sensitive active ingredients allows for the improvement of gastrointestinal safety for patients who couldn’t receive capsule medication. An overall improved product development helped achieve significant penetration into wider populations. The Covid-19 pandemic is expected to be a major driver for this market for the forecast period.
However, ethical concerns, fluctuations in price regarding gelatine, and strict regulations in the pharmaceutical industry are expected to decelerate the market growth.
The report presents a detailed analysis of the following key players in the global empty capsules market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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The Empty Capsules Market was valued at USD 2.43 Billion in 2024.
The market is expected to grow at a CAGR of 7.00% from 2025 to 2034 to reach a value of USD 4.78 Billion by 2034.
The major drivers of the market include the growing industries and the rising demand for safer methods of drug delivery.
The empty capsules market is being aided by developments in the effectiveness of drugs as well as the introduction of new drugs to treat diseases.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Gelatine capsules and non-gelatine capsules are the leading types in the industry.
Porcine, bovine, bone, hydroxypropyl methylcellulose (HPMC), starch material, and others are the leading raw materials in the industry.
Immediate-release capsules, sustained-release capsules, delayed-release capsules are the leading functionalities in the industry.
Pharmaceutical, nutraceutical, cosmetics, and others are the leading end uses in the industry.
Based on application, the industry is segmented into antibiotic and antibacterial drugs, dietary supplements, antacid and anti-flatulent preparations, cardiovascular therapy drugs, among others.
The major players in the industry are Cupsugel (Lonza Group Ltd), ACG Group, Qualicaps (Mitsubishi Chemical Corporation), Capscanada (Lyfe Group Co.), Roxlor Group, and Suheung Co., Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Functionality |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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