Big companies are putting more money into making capsules, especially the two-piece empty hard capsules that many people use for their medicines. This is happening because more and more people prefer taking medicines in capsule form. To keep up with the increasing demand, these major companies are investing a lot of money to build new places where they can make these capsules. For example, in August 2016, a company called ACG Worldwide spent 1.85 billion baht to build a capsule factory in Rayong, Thailand. Another company, Capsugel (which is now part of Lonza Company), invested over 25 million USD in March 2015 to make more vegetarian capsules. In February 2018, CapsCanada spent a whopping 28 million USD to expand its K-CAPS manufacturing capacity. By doing this, the company wanted to make more K-CAPS capsules to meet the growing demand all over the world.
People in the Middle East and Muslims in other places are increasingly looking for capsules that are certified as kosher or halal. This is because Gelatin, which is often used to make the shells of these capsules, is usually made from pork (pig-based), and consuming pork is not allowed in Islam. Because of this, there is a greater demand for capsules that have a kosher or halal certification. This trend is not limited to Muslims; even non-Muslim consumers are becoming more interested in high-quality, safe, and ethical products. Some companies, like Capsugel (now Lonza Company), make capsules like Vcaps Plus Capsules and Vcaps Capsules that are not only kosher- and halal-certified but also approved by the Vegetarian Society and Vegan Action in the US.
The use of two-piece empty hard capsules is not limited to medicines; it's also growing in the nutraceutical industry, which includes things like vitamins, antioxidants, and dietary supplements. Many well-known capsule manufacturers are creating capsules specifically for the pharmaceutical and nutraceutical industries. For instance, Capsugel (now Lonza Company) produces Coni-snap Sprinkle capsules that are designed for health and nutrition purposes. These capsules are meant for people who may have difficulty swallowing. The demand for nutraceutical products, which are used to prevent and treat diseases like Cardiovascular Diseases (CVD), is increasing. A study published in the International Journal of Preventive Medicine in 2014 suggests that combining nutraceuticals with physical exercises can help prevent and treat CVD. This growing demand for health-related products is contributing to the growth of the market for two-piece empty hard capsules.
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Two-Piece Empty Hard Capsule Market size was valued at USD 1.13 Billion in 2023 and is projected to grow from USD 1.20 Billion in 2024 to USD 2.23 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.08% during the forecast period (2024 - 2032).
The Two-Piece Empty Hard Capsule Market is growing steadily and is expected to continue growing at a significant rate over the study period. This is due to Increasing prevalence of non-communicable diseases and growing demand for nutraceuticals and Advancements in Capsule technology. Additionally, the growingreferences towards plant-based capsulewill provide growth opportunities for the market in the future. However, Alternative drug delivery forms might hamper the market's growth in the forecast period.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Two-Piece Empty Hard Capsule Market is experiencing robust growth, propelled significantly by the increasing prevalence of non-communicable diseases (NCDs). According to the World Health Organisation (WHO) in 2023, noncommunicable diseases (NCDs) kill 41 million people each year, accounting for 74% of all deaths worldwide. The rising incidence of conditions such as cardiovascular diseases, diabetes, and obesity worldwide has led to an upsurge in pharmaceutical and nutraceutical interventions, consequently driving the demand for empty hard capsules. These capsules serve as efficient drug delivery vehicles, facilitating the administration of various formulations to address the complexities associated with NCDs. As healthcare systems globally strive to manage and treat these prevalent chronic conditions, pharmaceutical companies are leveraging the versatility of two-piece empty hard capsules to encapsulate a diverse range of therapeutic compounds.
Additionally, the capsules offer advantages in terms of patient compliance, especially in long-term treatment regimens, as they are easy to swallow and mask the taste of medications. This aligns with the broader industry trend of patient-centric approaches in drug development.
The global Two-Piece Empty Hard capsule segmentation, based on raw material, includes gelatin, hydroxypropyl methylcellulose (HPMC), and starch and pullulan. The gelatin segment held the largest market share in 2022 and Hydroxypropyl Methylcellulose (HPMC) is the fastest-growing segment during the forecast period i.e., 2024-2032. Gelatin is the most common two-piece Capsule due to its properties which includes safe, non-allergenic, natural, clean, and economical ingredients. The benefits of gelatin capsules are taste & odor masking, ease of administration, portability, rapid drug action, flexibility of formulation of hard gelatin Capsule, barrier to oxidation, and solubility enhancement of poorly soluble drug substances. Moreover, hydroxypropyl methylcellulose (HPMC) serves as a vegetarian alternative to hard gelatin two-piece capsules, which are easy to swallow, effectively mask odor and taste, and allow product visibility. Benefits of HPMC are easy digestion, increased bioavailability, reduced cost, decreased crosslinking reaction, optimization of encapsulation and packaging, being free of preservatives (all natural), and a wider customer base.
Move over, the two-piece capsule market is poised for significant growth driven by evolving consumer preferences, technological advancements, and strategic investments. By addressing specific needs and offering diverse options, manufacturers can tap into this promising market and contribute to improved healthcare experiences.
Figure 2: Two-Piece Empty Hard Capsule Market, by raw material, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Two-Piece Empty Hard Capsule Market segmentation, based on size, includes size "00" capsules, size "0" capsules, size "1" capsules, size "2" capsules, and others. the size "00" capsules segment held the largest market share in 2022 and size "0" capsules is the fastest-growing segment during the forecast period i.e., 2024 -2032.
The size "00" capsules and the size "0" capsules are both average-sized capsules for human use. Size "00" capsules hold the capacity to contain up to 750 mg of drug, and size "0" capsules contain the capacity to hold drug up to 500 mg. The demand for this size capsule is increasing across the world due to the urge for vitamin supplements recommended for heart and cancer diseases. as per the secondary research, vitamin supplements contain high dosages of drugs and increasing prevalence of cancer and heart diseases is fueling the segment growth. As per the World Cancer Research Fund International, there were 18.1 million cancer cases reported globally in 2020. Furthermore, size "1" capsules and size "2" capsules hold the capacity to contain drugs of 400 mg and 300 mg, respectively, and these capsules are considered great for patients or people who have trouble swallowing capsules. also, these capsules are considered cheaper in terms of cost due to the lower containing capacity of the drug.
Overall, the adaptability and convenience offered by two-piece capsules in various sizes, coupled with established players and promising future developments, contribute to a thriving market with robust growth potential
The Two-Piece Empty Hard Capsule Market has been segmented, based on end user into pharmaceutical companies, health & nutrition, and others. The Pharmaceutical Companies segment held the largest market with a market share in 2022 and Health & Nutrition is the fastest growing segment during the forecast period. The demand for two-piece empty capsules among pharmaceutical companies is significantly high as a result of the mass production of novel and cost-effective products. These capsules find extensive usage in oral and inhaled medications, as well as over-the-counter products. Furthermore, the increasing sales of over the counter (OTC) products year after year indicate a rising demand, which in turn fuels the growth of two-piece empty hard capsules. Moreover, the health and nutrition industry is witnessing a surge in demand for two-piece empty hard capsules, primarily due to the widespread popularity of supplements worldwide. This can be attributed to the growing emphasis on health and preventive measures by consumers, the escalating costs of healthcare, the search for alternative solutions to address specific issues, and the increasing consumer awareness regarding the seriousness of digestive disorders.
As a whole, the versatility, cost-effectiveness, and convenience of two-piece empty hard capsules in a variety of industries are fueling their rapid market growth. The continued innovation and rising consumer awareness, particularly in the health and wellness area, demand for these capsules is expected to remain strong.
By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. North America Two-Piece Empty Hard Capsule Market accounted for the largest market share of 36.60% in 2022 and is anticipated to reach approximately USD 0.71 billion by 2032 at a 5.70% CAGR during the forecast period. However, Asia-Pacific is projected to grow at the highest CAGR of 8.89% during the forecast period.
The outlook for the North America Two-Piece Empty Hard Capsule Market remains promising, with sustained growth anticipated. Investments in healthcare infrastructure and a growing awareness of advanced medical solutions are expected to drive market expansion further. Both established players and emerging entrants are poised to capitalize on these opportunities, leveraging technological advancements to meet the rising demand for improved surgical outcomes.
Further, the major countries will be study are US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: TWO-PIECE EMPTY HARD CAPSULE MARKET BY REGION 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Two-Piece Empty Hard Capsule Market accounted for the second-largest market share due to technology advancements, increasing healthcare expenditure, and increasing prevalence of chronic diseases. Furthermore, the Germany Two-Piece Empty Hard Capsule is attributed to hold the largest market share, and the UK Two-Piece Empty Hard Capsule is projected be the fastest growing market in the Europe region.
The Asia-Pacific Two-Piece Empty Hard Capsule Market is expected to be the fastest growing from 2024 to 2032 owing to high patient population, rising chronic diseases and favorable regulatory policies. Moreover, key players working in the Two-Piece Empty Hard Capsule Market are actively expanding into this region, further driving the regional market growth. Moreover, China Two-Piece Empty Hard Capsule accounted to hold the largest market share, and the India Two-Piece Empty Hard Capsule is projected to be the fastest growing market in the Asia-Pacific region.
Two-Piece Empty Hard Capsule Key Market Players & Competitive Insights
The Two-Piece Empty Hard Capsule Market is distinguished by the presence of numerous regional and local players catering to two-piece empty hard Capsule products that are evolving at a rapid pace. Furthermore, the increasing prevalence of non-communicable diseases, growing demand for nutraceuticals, and advancements in Capsule technology is further driving the growth of Two-Piece Empty Hard Capsule Market during the forecast period. The major players have adopted a strategy of obtaining regulatory approval from government agencies for their products, services and signing contracts and agreements to broaden their reach and reduce operational costs.
Qualicaps manufactures empty two-piece hard capsules for solid oral dosage forms and for use in dry powder inhalers, as well as a broad line of pharmaceuticals. The company manufactures pharmaceutical-grade capsules of high quality, available in various sizes, colors, and printing choices to help your product distinguish itself in the market.
in August 2021, Qualicaps Europe, S.A.U. expands its footprint throughout the region of South Asia. a result of this expansion, the company is well-equipped to maintain its high standards of performance, functionality, and quality in these integrated regions: flexibility to meet unique customer needs, cooperation in the scientific, technical, and service aspects of the Capsule delivery form, and high-quality products and services.
Key Companies Two-Piece Empty Hard Capsule in market includes.
Two-Piece Empty Hard Capsule Industry Developments
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