Latin America Empty Capsules Market

Latin America Empty Capsules Market Share, Size, Growth 2022-2027

El nuevo informe de Informes de Expertos titulado ‘Mercado Latinoamericano de Cápsulas Vacías, Informe y Pronóstico 2022-2027′, ofrece un análisis profundo del mercado, evaluándolo por el tipo, la materia prima, la funcionalidad, la aplicación, el uso final y las regiones. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Empty Capsules Market Report and Forecast 2022-2027’, gives an in-depth analysis of the market, assessing it on the basis of type, raw material, functionality, application, end use, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): X%

The Latin America empty capsules market is expected to grow at a considerable pace in the prognostic period with the increasing product demand from the end-use industries including pharmaceutical, nutraceutical, and cosmeceutical sectors. The demand for empty capsules is furthered even more by the increasing consumer preferences for capsules over tablets. In addition, the growing geriatric population, and the proliferating prevalence of chronic diseases among consumers further positively impacts the industry’s growth.

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The market also witnesses an increasing demand for vegetable/gelatine-free variants due to the growing consumer preference for natural or non-animal origin capsules. Additionally, as a result of COVID-19 pandemic, the concerns regarding personal health have skyrocketed. Consumers are increasing taking supplements to boost immunity. This trend is assisting the nutraceutical industry’s growth, which in turn has a significant impact on the target market growth.

Industry Definition and Major Segments

Empty capsules are stable shells that contain or encapsulate drugs given in a variety of dosage forms. These come in two varieties: gelatine capsules and non-gelatine capsules. They can also be found in a variety of colours and flavours and are popular due to their high absorption rates.

Depending on the type, the market is divided into:

  • Gelatine Capsules
    • Hard Gelatine
    • Soft Gelatine
  • Non-Gelatine Capsules

By raw materials, the industry has been segmented into:

  • Porcine
  • Bovine
  • Bone
  • Hydroxypropyl Methylcellulose (HPMC)
  • Starch Material
  • Others

Based on functionality, the market is segregated into:

  • Immediate-Release Capsules
  • Sustained-Release Capsules
  • Delayed-Release Capsules

The applications of empty capsules covered in the report are:

  • Antibiotic and Antibacterial Drugs
  • Dietary Supplements
  • Antacid and Anti Flatulent Preparations
  • Cardiovascular Therapy Drugs
  • Others

By end use, the industry is divided into:

  • Pharmaceutical
  • Nutraceutical
  • Cosmetics
  • Others

Key regions covered include:

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Others

Market Trends

The market of empty capsules is mainly driven by the increasing popularity of these capsules over any other drug delivery form. Moreover, the numerous advancements in capsule delivery technologies such as improved capsule shells, capsule-sealing techniques, encapsulation of various materials, and capsule systems to achieve modified drug release are further promoting the growth of the industry. Other growth-inducing factors include rising chronic disease prevalence, growing ageing population, and increased demand for dietary supplements.

Among the types of capsules, gelatine capsules find a major use. However, HPMC-based capsules are also gaining popularity because they can accommodate a wide range of drug products and formulations that are incompatible with gelatine capsules. As a result of their versatility and compatibility, they are widely preferred in clinical trials and are expected to be widely used in the future.

Key Market Players

The major players in the market are:

  • ACG Group
  • Cupsugel (Lonza Group Ltd)
  • Qualicaps (Mitsubishi Chemical Corporation)
  • Capscanada (Lyfe Group Co.)
  • Suheung Co., Ltd.
  • Roxlor Group
  • Others

This report covers the market shares, expansions, investments and mergers and acquisitions, among other latest developments of these industry players.

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About Us:

Informes de Expertos the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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