Global Vegetable Capsules Market 2024-2028
The vegetable capsules market is forecasted to grow by USD 274.25 mn during 2023-2028, accelerating at a CAGR of 8.68% during the forecast period. The report on the vegetable capsules market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing applications in the pharmaceutical industry, growing consumer preference for natural and plant-based products, and regulatory restrictions on animal-derived products.
Technavio's vegetable capsules market is segmented as below:
By Application
- Health supplements
- Pharmaceuticals
- Others
By Material
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growth in e-commerce industry as one of the prime reasons driving the vegetable capsules market growth during the next few years. Also, expansion of nutraceutical and dietary supplements industry and increasing focus on sustainable packaging will lead to sizable demand in the market.
The report on the vegetable capsules market covers the following areas:
- Vegetable capsules market sizing
- Vegetable capsules market forecast
- Vegetable capsules market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vegetable capsules market vendors including ACG, Ajix Inc., BioCaps Enterprise, Dah Feng Capsule Industry Co. Ltd., Erawat Pharma Ltd., Evonik Industries AG, Farmacapsulas S.A., Fortcaps Healthcare Ltd., J RETTENMAIER and SOHNE GmbH and Co KG, JC Biotech Pvt. Ltd., Lefancaps LTD., Lonza Group Ltd., Mitsubishi Chemical Group Corp., Natural Capsules Ltd., Qingdao Yiqing Biotechnology Co. Ltd., Shaanxi Genex Bio Tech Co. Ltd., Shaoxing Zhongya Capsule Co. Ltd., Silvaco AS, Suheung Co. Ltd., and Sunil Healthcare Ltd.. Also, the vegetable capsules market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.