By 2034, Empty Capsule Market to Expand to USD 6.38 Billion Globally
The global Empty Capsule Market is projected to grow from USD 2.96 billion in 2024 to USD 6.38 billion by 2034, at a CAGR of 8%. Gelatin-based capsules will hold a 59% market share (~USD 1.75 billion) in 2024, while Type-B gelatin accounts for 28.2% (~USD 830 million). Size “0” capsules will generate USD 600 million, and oral administration dominates with USD 2.67 billion. The USA leads growth at 8.8% CAGR, with prominent companies including ACG, Capsugel, and CapsCanada. The empty capsule market has experienced significant evolution over recent years, emerging as a vital component of the global pharmaceutical and nutraceutical industries. These capsules, typically made from gelatin or non-gelatinous materials such as hydroxypropyl methylcellulose (HPMC), offer an efficient delivery method for drugs, vitamins, and supplements. With their ability to encapsulate both solid and liquid formulations, empty capsules provide a flexible solution for oral dosage delivery, which has bee...