The global empty capsules market was valued at $2.69B in 2022 and is expected to expand to $6B in 2030 at a CAGR of 10.57% from 2023 to 2030, according to a report from Research & Markets.
An aging population and rising demand for pharmaceutical product adoption are fueling the growth of the market, as well as an increasing demand for nutraceuticals.
A rising awareness about the benefits of capsules, as well as growth in noncommunicable diseases such as cancer, diabetes, heart disease, and lung disease is also increasing the demand for empty capsules.
The changing cost of gelatine materials hinders the growth of the market. Furthermore, the strict regulations in the pharmaceutical industry restrain the growth of the global empty capsules market.