Vegetable Capsules Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC575

Introduction

Vegetable capsules are derived from pullulan, a safe, water-soluble polysaccharide. Such vegetable capsules are preservative-free, gluten and starch free, and completely biodegradable. Vegetable capsules are vital in order to get one’s daily dose of essential oils. The market for vegetable capsules is expected to grow enormously as they are rapidly replacing hard shell gelatin capsules and also helping to meet the dietary and cultural needs of vegetarians. Furthermore, various pharmaceutical companies are establishing long-term contracts with vegetable capsule manufacturers for competitive pricing, which would in turn boost the market growth.

Market Dynamics

The market for vegetable capsules is growing at a significant pace. These capsules are helpful in masking odors and bad taste; easy to swallow; and readily dissolvable. In addition, vegetable capsules can be used for a variety of products, which are moisture sensitive, hygroscopic and liquid formulations. The vegetable capsules market has completely taken over hard gelatin capsules due to various benefits associated with the former. Major consumer population have claimed vegetable capsules to be ideal for improving the bioavailability of oil soluble ingredients, superior in disintegration properties to other non-animal technologies, and extremely stable in hot climates with no stickiness attributes. Hence, these factors altogether would propel the growth of global vegetable capsule market. However, the high price of such capsules might hinder the growth of market in long run.

Market Classification and Overview

The vegetable capsules market is segmented on the basis of product type, end-user and geography. Based on product type, the market is segmented into pullulan, starch, and hard gelatin and hypromellose (HPMC). The HPMC market is anticipated to grow swiftly during the forecast period owing to its vast applications in the field of pharmaceuticals and dietary supplements. QUALI-V, manufactured by Shionogi Qualicaps, is the first HPMC capsule developed for use as a pharmaceutical product.

Based on end-user, the global market has been bifurcated into pharmaceutical companies, nutraceutical companies, cosmetic companies, and others. The nutraceutical companies dominated the global market due to its greater expansion and development around the world, specifically in regions such as China, India, Brazil, and the Middle East.

Regional Overview

Regionally, the market for vegetable capsules is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). North America is dominating the global market owing to the presence of huge number of companies specializing in innovative delivery technologies, and rise in per capita health expenditures. However, Asia-Pacific is expected to grow at the fastest CAGR owing to the supportive government initiatives to improve medical infrastructure, increasing disease burden, and economic developments in this region.

Report Coverage

Market

Vegetable Capsules Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, End-User, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Qualicaps LLC, CapsCanada Corporation, Bahrain Pharma, ACG Worldwide, Capsugel, Catalent Inc., Healthcaps India Ltd., Suheung Co., Ltd., Shanxi GS Capsule and Sunil Healthcare Limited are the key players engaged in manufacturing vegetable capsules.

Market Segmentation

Market By Product Type

·         Pullulan

·         Starch

·         Hard Gelatin and Hypromellose (HPMC)

Market By End-User

·         Pharmaceutical Companies

·         Nutraceutical Companies

·         Cosmetic Companies

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Behavioral Health Market (By Disorder: Alcohol Use Disorders, Schizophrenia, Bipolar Disorder, Depression, Anxiety, Post-traumatic Stress Disorder, Substance Abuse Disorders, Eating Disorders, Others; By Service: Emergency Mental Health Services, Outpatient Counselling, Home-based Treatment Services, Inpatient Hospital Treatment Services, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Behavioral Health market is forecasted to grow at striking CAGR around 2.5 % over the forecast time frame and reach around US$ 240 billion by 2026. Behavioural health involves non-pharmacological therapies for circumstances like mental health, drug abuse disorder, etc. Due to mental illnesses,

Transcranial Magnetic Stimulator Market (By Type: dTMS, rTMS, Others; By Application: Depression, Epilepsy) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026Transcranial Magnetic Stimulator Market (By Type: dTMS, rTMS, Others; By Application: Depression, Epilepsy) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global transcranial magnetic stimulator market size is accounted over USD 2.1 Billion by 2026 and growing at CAGR 9.0% during the forecast period 2019-2026. Transcranial magnetic stimulators are widely used in the treatment of brain and neurological diseases. The transcranial magnetic stimulators is a non-invasive technique which applies magnetic pulses to the brain that uses magnetic field to reduce chronic pain and stimu

Sacral Nerve Stimulation Market (By Product: Implantable, External; By Application: Urinary & Fecal Incontinence, Urge Incontinence, Chronic Anal Fissure, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global sacral nerve stimulation market size is expected to reach over 2.3 USD billion by 2026 at the CAGR 12.1% during the forecast period, 2019-2026. A Sacral nerve stimulation is implanted as a device to control bladder functions by delivering controlled electrical impulses to the sacral nerves that modulate the neural pathways. It is an effective and safe treatment for patients suffering fro

Medical Imaging Workstations Market (By Modality: Computed Tomography, MRI, X-ray; By Component: Visualization Software, Display Units; By Usage Mode: Thin, Thick; By Application: Diagnostic Imaging, Clinical Review; By End User: Hospital and Clinics, Diagnostics Centers, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global market for Medical Imaging Workstations is estimated to grow at a significant rate of 8.5% during the forecasted period and is expected to reach over 2.3 billion by 2026. Medical imaging workstations are used in the hospitals while setting up the equipments. During last few years there is an significant increase in the prevalence of the various diseases and accidents which has increased

Laser Hair Removal Market (End User: Dermatology Clinics, Beauty Clinics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global laser hair removal market value is accounted over USD 3.9 Billion by 2026 and is expected to grow at CAGR 15.4% during the forecast period 2019-2026. The global laser hair removal product market is driven by increased awareness regarding personal appearance and rising health awareness among the population. Additionally, improved standard of living and rising disposable income tremendously affects the laser hair remo

Idiopathic Pulmonary Fibrosis Treatment Market (By Drug Class: Tyrosine Inhibitors, MAPK Inhibitors, Autotaxin Inhibitors; By End User: Hospitals, Long-term Care Facilities, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global Idiopathic Pulmonary Fibrosis Treatment Market is expected to reach over 4.2 USD billion by 2026 and growing at CAGR 11.6% during the forecast period 2019-2026. During last few years, there is a significant increase in the number of respiratory related diseases. Increasing prevalence of the various respiratory diseases, rising geriatric population across the globe, and increasing awareness about health have driven t

Cart Summary