Global Halal and Kosher Empty Capsules Market Size study & Forecast, by Product Type (Gelatin Type and Vegetarian Type), by Application (Health Supplement, Pharmaceuticals, Others) and Regional Analysis, 2022-2029
Global Halal and Kosher Empty Capsules Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Halal and kosher empty capsules are certified as halal and kosher. These non-GMO and gluten-free capsules are made from hydroxypropylmethylcellulose and purified water. Some of the capsules that have already received halal and kosher certification are Vcaps Plus and Plantacaps. The increasing vegetarian and vegan population and surge in religious population that strictly follows halal and kosher are key factors driving the market growth.
Over the years the number of vegan individuals has significantly increased creating strong demand for Global Halal and Kosher Market. For instance – as per Statista – in 2021, the global vegan food market was valued at USD 15.77 billion, and the market is projected to grow to USD 22.27 billion by 2025. Also, rise in adoption of vitamins, minerals, and dietary supplements and growing geriatric population would create lucrative growth opportunities for the market over the projected period. However, high cost of Halal and Kosher Empty Capsules hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Halal and Kosher Empty Capsules Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the increasing trend of veganism in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, as well as increasing penetration of leading market players in the region.
Major market players included in this report are:Lonza Group
Health Caps India Ltd.
Qualicaps Llc.
Acg- Associated Capsules
Er Kang Pharmaceutical Co. Ltd.
Shanxi Guangsheng Medicinal Capsule Co., Ltd.
Capscanada
Qingdao Yiqing Biotechnology Co., Ltd
Anhui Huangshan Capsule Co. Ltd.
Natural Capsules Limited
Recent Developments in the Market:In November 2022, Lefancaps launched its variety of food supplement capsule options at the annual CPHI Worldwide 2022. These new clean label capsules are free of artificial additives, allergens, GMO, TIO2, Kosher, or Halal certified.
Global Halal and Kosher Empty Capsules Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Product Type
Gelatin Type
Vegetarian Type
By Application
Health Supplement
Pharmaceuticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies MentionedLonza Group
Health Caps India Ltd.
Qualicaps Llc.
Acg- Associated Capsules
Er Kang Pharmaceutical Co. Ltd.
Shanxi Guangsheng Medicinal Capsule Co., Ltd.
Capscanada
Qingdao Yiqing Biotechnology Co., Ltd
Anhui Huangshan Capsule Co. Ltd.
Natural Capsules Limited
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.