Global Liquid-Filled Hard Gelatin Capsules Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Liquid-Filled Hard Gelatin Capsules market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Liquid-Filled Hard Gelatin Capsules is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Liquid-Filled Hard Gelatin Capsules is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Liquid-Filled Hard Gelatin Capsules is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Liquid-Filled Hard Gelatin Capsules include CapsCanada, Capsugel (Lonza), Erawat Pharma, Farmacapsulas, Lefancaps, Sunil Synchem, SuHeung and ACG, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Liquid-Filled Hard Gelatin Capsules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid-Filled Hard Gelatin Capsules.

The Liquid-Filled Hard Gelatin Capsules market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Liquid-Filled Hard Gelatin Capsules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Liquid-Filled Hard Gelatin Capsules Segment by Company

CapsCanada
Capsugel (Lonza)
Erawat Pharma
Farmacapsulas
Lefancaps
Sunil Synchem
SuHeung
ACG

Liquid-Filled Hard Gelatin Capsules Segment by Type

Type A Gelatin
Type B Gelatin

Liquid-Filled Hard Gelatin Capsules Segment by Application

Oils
Suspensions
Solutions

Liquid-Filled Hard Gelatin Capsules Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Liquid-Filled Hard Gelatin Capsules market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Liquid-Filled Hard Gelatin Capsules and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Liquid-Filled Hard Gelatin Capsules.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Liquid-Filled Hard Gelatin Capsules manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Liquid-Filled Hard Gelatin Capsules in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

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1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Liquid-Filled Hard Gelatin Capsules Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Liquid-Filled Hard Gelatin Capsules Sales Estimates and Forecasts (2020-2031)
1.3 Liquid-Filled Hard Gelatin Capsules Market by Type
1.3.1 Type A Gelatin
1.3.2 Type B Gelatin
1.4 Global Liquid-Filled Hard Gelatin Capsules Market Size by Type
1.4.1 Global Liquid-Filled Hard Gelatin Capsules Market Size Overview by Type (2020-2031)
1.4.2 Global Liquid-Filled Hard Gelatin Capsules Historic Market Size Review by Type (2020-2025)
1.4.3 Global Liquid-Filled Hard Gelatin Capsules Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Type (2020-2025)
1.5.2 Europe Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Type (2020-2025)
1.5.4 South America Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics
2.1 Liquid-Filled Hard Gelatin Capsules Industry Trends
2.2 Liquid-Filled Hard Gelatin Capsules Industry Drivers
2.3 Liquid-Filled Hard Gelatin Capsules Industry Opportunities and Challenges
2.4 Liquid-Filled Hard Gelatin Capsules Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Liquid-Filled Hard Gelatin Capsules Revenue (2020-2025)
3.2 Global Top Players by Liquid-Filled Hard Gelatin Capsules Sales (2020-2025)
3.3 Global Top Players by Liquid-Filled Hard Gelatin Capsules Price (2020-2025)
3.4 Global Liquid-Filled Hard Gelatin Capsules Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Liquid-Filled Hard Gelatin Capsules Major Company Production Sites & Headquarters
3.6 Global Liquid-Filled Hard Gelatin Capsules Company, Product Type & Application
3.7 Global Liquid-Filled Hard Gelatin Capsules Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Liquid-Filled Hard Gelatin Capsules Market CR5 and HHI
3.8.2 Global Top 5 and 10 Liquid-Filled Hard Gelatin Capsules Players Market Share by Revenue in 2024
3.8.3 2023 Liquid-Filled Hard Gelatin Capsules Tier 1, Tier 2, and Tier 3
4 Liquid-Filled Hard Gelatin Capsules Regional Status and Outlook
4.1 Global Liquid-Filled Hard Gelatin Capsules Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Liquid-Filled Hard Gelatin Capsules Historic Market Size by Region
4.2.1 Global Liquid-Filled Hard Gelatin Capsules Sales in Volume by Region (2020-2025)
4.2.2 Global Liquid-Filled Hard Gelatin Capsules Sales in Value by Region (2020-2025)
4.2.3 Global Liquid-Filled Hard Gelatin Capsules Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Liquid-Filled Hard Gelatin Capsules Forecasted Market Size by Region
4.3.1 Global Liquid-Filled Hard Gelatin Capsules Sales in Volume by Region (2026-2031)
4.3.2 Global Liquid-Filled Hard Gelatin Capsules Sales in Value by Region (2026-2031)
4.3.3 Global Liquid-Filled Hard Gelatin Capsules Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Liquid-Filled Hard Gelatin Capsules by Application
5.1 Liquid-Filled Hard Gelatin Capsules Market by Application
5.1.1 Oils
5.1.2 Suspensions
5.1.3 Solutions
5.2 Global Liquid-Filled Hard Gelatin Capsules Market Size by Application
5.2.1 Global Liquid-Filled Hard Gelatin Capsules Market Size Overview by Application (2020-2031)
5.2.2 Global Liquid-Filled Hard Gelatin Capsules Historic Market Size Review by Application (2020-2025)
5.2.3 Global Liquid-Filled Hard Gelatin Capsules Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Application (2020-2025)
5.3.2 Europe Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Application (2020-2025)
5.3.4 South America Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 CapsCanada
6.1.1 CapsCanada Comapny Information
6.1.2 CapsCanada Business Overview
6.1.3 CapsCanada Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.1.4 CapsCanada Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.1.5 CapsCanada Recent Developments
6.2 Capsugel (Lonza)
6.2.1 Capsugel (Lonza) Comapny Information
6.2.2 Capsugel (Lonza) Business Overview
6.2.3 Capsugel (Lonza) Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Capsugel (Lonza) Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.2.5 Capsugel (Lonza) Recent Developments
6.3 Erawat Pharma
6.3.1 Erawat Pharma Comapny Information
6.3.2 Erawat Pharma Business Overview
6.3.3 Erawat Pharma Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Erawat Pharma Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.3.5 Erawat Pharma Recent Developments
6.4 Farmacapsulas
6.4.1 Farmacapsulas Comapny Information
6.4.2 Farmacapsulas Business Overview
6.4.3 Farmacapsulas Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Farmacapsulas Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.4.5 Farmacapsulas Recent Developments
6.5 Lefancaps
6.5.1 Lefancaps Comapny Information
6.5.2 Lefancaps Business Overview
6.5.3 Lefancaps Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Lefancaps Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.5.5 Lefancaps Recent Developments
6.6 Sunil Synchem
6.6.1 Sunil Synchem Comapny Information
6.6.2 Sunil Synchem Business Overview
6.6.3 Sunil Synchem Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Sunil Synchem Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.6.5 Sunil Synchem Recent Developments
6.7 SuHeung
6.7.1 SuHeung Comapny Information
6.7.2 SuHeung Business Overview
6.7.3 SuHeung Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.7.4 SuHeung Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.7.5 SuHeung Recent Developments
6.8 ACG
6.8.1 ACG Comapny Information
6.8.2 ACG Business Overview
6.8.3 ACG Liquid-Filled Hard Gelatin Capsules Sales, Revenue and Gross Margin (2020-2025)
6.8.4 ACG Liquid-Filled Hard Gelatin Capsules Product Portfolio
6.8.5 ACG Recent Developments
7 North America by Country
7.1 North America Liquid-Filled Hard Gelatin Capsules Sales by Country
7.1.1 North America Liquid-Filled Hard Gelatin Capsules Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Liquid-Filled Hard Gelatin Capsules Sales by Country (2020-2025)
7.1.3 North America Liquid-Filled Hard Gelatin Capsules Sales Forecast by Country (2026-2031)
7.2 North America Liquid-Filled Hard Gelatin Capsules Market Size by Country
7.2.1 North America Liquid-Filled Hard Gelatin Capsules Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Liquid-Filled Hard Gelatin Capsules Market Size by Country (2020-2025)
7.2.3 North America Liquid-Filled Hard Gelatin Capsules Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Liquid-Filled Hard Gelatin Capsules Sales by Country
8.1.1 Europe Liquid-Filled Hard Gelatin Capsules Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Liquid-Filled Hard Gelatin Capsules Sales by Country (2020-2025)
8.1.3 Europe Liquid-Filled Hard Gelatin Capsules Sales Forecast by Country (2026-2031)
8.2 Europe Liquid-Filled Hard Gelatin Capsules Market Size by Country
8.2.1 Europe Liquid-Filled Hard Gelatin Capsules Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Liquid-Filled Hard Gelatin Capsules Market Size by Country (2020-2025)
8.2.3 Europe Liquid-Filled Hard Gelatin Capsules Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales by Country
9.1.1 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales by Country (2020-2025)
9.1.3 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Market Size by Country
9.2.1 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Liquid-Filled Hard Gelatin Capsules Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Liquid-Filled Hard Gelatin Capsules Sales by Country
10.1.1 South America Liquid-Filled Hard Gelatin Capsules Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Liquid-Filled Hard Gelatin Capsules Sales by Country (2020-2025)
10.1.3 South America Liquid-Filled Hard Gelatin Capsules Sales Forecast by Country (2026-2031)
10.2 South America Liquid-Filled Hard Gelatin Capsules Market Size by Country
10.2.1 South America Liquid-Filled Hard Gelatin Capsules Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Liquid-Filled Hard Gelatin Capsules Market Size by Country (2020-2025)
10.2.3 South America Liquid-Filled Hard Gelatin Capsules Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales by Country
11.1.1 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales by Country (2020-2025)
11.1.3 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Market Size by Country
11.2.1 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Liquid-Filled Hard Gelatin Capsules Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Liquid-Filled Hard Gelatin Capsules Value Chain Analysis
12.1.1 Liquid-Filled Hard Gelatin Capsules Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Liquid-Filled Hard Gelatin Capsules Production Mode & Process
12.2 Liquid-Filled Hard Gelatin Capsules Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Liquid-Filled Hard Gelatin Capsules Distributors
12.2.3 Liquid-Filled Hard Gelatin Capsules Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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