The global empty capsules market size was valued at $2.52B in 2021 and is projected to reach $4.64B by 2030, growing at a CAGR of 7.00% from 2023 to 2030, according to a report from Verified Market Research®,
Empty capsules are those that have no pre-existing formulation. They are composed of gelatin, hydroxypropyl methylcellulose (HPMC), pullulan, and starch. Empty capsules are also important for the concept of customized medicines, which involves storing customized medical formulations in empty capsules for the patient. These capsules can also be used to treat acute and chronic illnesses, cancers, and infections. The empty capsules are used in a variety of applications, including disease treatment, common diseases such as colds and coughs, dietary supplement formulation, and antacid and antiflatulent applications.
The growth in popularity of capsules over other drug delivery forms and an increase in strategic collaborations between empty capsule suppliers and gelatin manufacturers are the key factors expected to boost the growth of the global Empty Capsules Market. Moreover, rising R&D activities and clinical trials, developments in capsule distribution methods, and rapid advancements in capsule delivery technologies are some other factors expected to fuel the market growth.