Halal Empty Capsules Market by Type (Gelatin, Non-gelatin), Application (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry), Competitive Landscape, Region (North America, Europe, APAC, LATAM, Middle East & Africa) - Global Forecast to 202

Halal Empty Capsules Market by Type (Gelatin, Non-gelatin), Application (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry), Competitive Landscape, Region (North America, Europe, APAC, LATAM, Middle East & Africa) - Global Forecast to 2029

The global halal empty capsules market is projected to surpass USD 1.55 billion in 2029 from USD 1.19 billion in 2024, with a significant CAGR of 5.4%. Increased demand for halal certified products among the end users for pharmaceutical and nutraceutical applications is giving momentum to the market growth. Furthermore, increased investment by key market players in producing halal empty capsules to meet the needs of both local and international markets is further projecting the market growth.

“The gelatin halal empty capsules segment accounted for the largest share in 2023.”

On the basis of type, the halal empty capsules market is further segmented into gelatin and non-gelatin. The gelatin segment dominated the market in 2023, owing to affordability, diversified use and ease of production. Non-gelatin segment is anticipated to grow at significant CAGR due to growing demand for vegetarian and vegan product, availability of halal-certified non-gelatin capsules and favourable regulatory support for non-gelatin capsules.

“By end user, pharmaceutical industry segment accounted for the largest share in the halal empty capsules market.”

The end user segment in the halal empty capsules market is segmented into pharmaceutical industry, Nutraceutical Industry and other end users. The pharmaceutical industry dominated the segment owing to shift of pharmaceutical manufacturers towards halal-certified capsules production to capture a regions/ customer across the globe. Nutraceutical Industry is likely to rapidly due to various factors such as rise in demand for halal-certified supplements and dietary requirements. Furthermore, non-gelatin capsules made from materials such as hydroxypropyl methylcellulose (HPMC) and pullulan are gaining popularity, as they offer suitable alternatives for vegetarians and vegans this is one of the major element likely to upsurge the market growth.

“North America: the largest share of the halal empty capsules market”

By region, the market is segment into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the halal empty capsules market in 2023 and likely continue dominance during the forecast period. Presence of dominant market players in pharmaceutical and nutraceutical companies in the region, strong base of halal empty capsules manufacturers such as Capsugel (Lonza), Qualicaps, and ACG are some of the prominent factors acerating market growth.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the halal empty capsules market.

The primary interviews conducted for this report can be categorized as follows:

By Respondent: Supply Side- 65% and Demand Side 35%

By Designation: Managers - 45%, CXO & Directors - 30%, and Executives - 25%

By Region: North America -40%, Europe -25%, Asia-Pacific -25%, Latin America -5% and Middle East & Africa- 5%

Lonza (Switzerland), ACG (India), Qualicaps (Roquette Freres) (US), Suheung Co. Ltd. (South Korea), Shanxi Guangsheng Capsule Limited (China), CapsCanada (Lyfe Group) (US), HealthCaps India (India), Nector LifeSciences Ltd. (India), Erawat Pharma Limited (India), Qingdao Yiqing Biotechnology Co. Ltd. (China), Fortcaps Healthcare Ltd. (India), Sunil Healthcare (India), and Natural Capsules Limited (India) and SaviourCaps (India) are some of the major players operating in the halal empty capsules market.

Research Coverage:

This research report categorizes the halal empty capsuless market type (gelatin and non-gelatin), End User (pharmaceutical industry, Nutraceutical Industry and other end users) and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the halal empty capsuless market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, solutions, key strategies, collaborations, partnerships, and agreements. New launches, collaborations and acquisitions, and recent developments associated with the halal empty capsules market.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the halal empty capsules and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (increased demand for halal-certified products in pharmaceutical & nutraceutical industry, customer shift towards clean labels & ethical products), restraints (limited availability of halal-certified raw materials), opportunities (rising demand for non-gelatin/vegetarian capsule) and Challenges (stringent and varying halal certification requirements) influencing the growth of the market.

Product Development/Innovation: Detailed insights on upcoming technologies in capsules manufacturing, research and development activities, and new product launches in the halal empty capsules market.

Market Development: Comprehensive information about lucrative markets - the report analyses the market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the halal empty capsules market

Competitive Assessment: Lonza (Switzerland), ACG (India), Qualicaps (Roquette Freres) (US), Suheung Co. Ltd. (South Korea), among others in the market.

Tables List

Table 1 Impact Analysis Of Supply-side And Demand-side Factors

Table 2 Halal Empty Capsules Market: List Of Raw Material Suppliers

Table 3 Halal Empty Capsules Market: List Of Empty Capsule Manufacturers

Table 4 Halal Empty Capsules Market: List Of Key Regulatory Bodies

And Certification Bodies

Table 5 Halal Empty Capsules Market: List Of Key End Users

Table 6 Halal Empty Capsules Market: Porter’s Five Forces Analysis

Table 7 Influence Of Key Stakeholders On Buying Process

Of Halal Empty Capsules

Table 8 Average Selling Price Trend Of Halal Empty Capsules,

By Type (2021–2023)

Table 9 Average Price Of Halal Empty Capsules, By Region (2023)

Table 10 North America: Regulatory Bodies, Government Agencies,

Certification Bodies And Other Organizations

Table 11 Europe: Regulatory Bodies, Government Agencies,

Certification Bodies And Other Organizations

Table 12 Asia Pacific: Regulatory Bodies, Government Agencies,

Certification Bodies And Other Organizations

Table 13 Rest Of The World: Regulatory Bodies, Government Agencies, Certification Bodies And Other Organizations

Table 14 Halal Empty Capsules Market: Detailed List Of Key Conferences

And Events

Table 15 Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 16 Gelatin Halal Empty Capsules Market, By Region,

2022–2029 (Usd Million)

Table 17 North America: Gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 18 Europe: Gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 19 Asia Pacific: Gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 20 Non-gelatin Halal Empty Capsules Market, By Region,

2022–2029 (Usd Million)

Table 21 North America: Non-gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 22 Europe: Non-gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 23 Asia Pacific: Non-gelatin Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 24 Halal Empty Capsules Market, By End User, 2022–2029 (Usd Million)

Table 25 Halal Empty Capsules Market For Pharmaceutical Industry,

By Region, 2022–2029 (Usd Million)

Table 26 North America: Halal Empty Capsules Market For Pharmaceutical Industry, By Country, 2022–2029 (Usd Million)

Table 27 Europe: Halal Empty Capsules Market For Pharmaceutical Industry,

By Country, 2022–2029 (Usd Million)

Table 28 Asia Pacific: Halal Empty Capsules Market For Pharmaceutical Industry, By Country, 2022–2029 (Usd Million)

Table 29 Halal Empty Capsules Market For Nutraceutical Industry,

By Region, 2022–2029 (Usd Million)

Table 30 North America: Halal Empty Capsules Market For Nutraceutical Industry, By Country, 2022–2029 (Usd Million)

Table 31 Europe: Halal Empty Capsules Market For Nutraceutical Industry,

By Country, 2022–2029 (Usd Million)

Table 32 Asia Pacific: Halal Empty Capsules Market For Nutraceutical Industry, By Country, 2022–2029 (Usd Million)

Table 33 Halal Empty Capsules Market For Other End Users,

By Region, 2022–2029 (Usd Million)

Table 34 North America: Halal Empty Capsules Market For Other End Users

By Country, 2022–2029 (Usd Million)

Table 35 Europe: Halal Empty Capsules Market For Other End Users,

By Country, 2022–2029 (Usd Million)

Table 36 Asia Pacific: Halal Empty Capsules Market For Other End Users,

By Country, 2022–2029 (Usd Million)

Table 37 Halal Empty Capsules Market, By Region, 2022–2029 (Usd Million)

Table 38 North America: Macroeconomic Outlook

Table 39 North America: Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 40 North America: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 41 North America: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 42 Us: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 43 Us: Halal Empty Capsules Market, By End User, 2022–2029 (Usd Million)

Table 44 Canada: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 45 Canada: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 46 Europe: Macroeconomic Outlook

Table 47 Europe: Halal Empty Capsules Market, By Country,

2022–2029 (Usd Million)

Table 48 Europe: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 49 Europe: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 50 Germany: Halal Empty Capsules Market, By Type,

2022–2029 (Usd Million)

Table 51 Germany: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 52 Uk: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 53 Uk: Halal Empty Capsules Market, By End User, 2022–2029 (Usd Million)

Table 54 France: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 55 France: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 56 Italy: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 57 Italy: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 58 Spain: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 59 Spain: Halal Empty Capsules Market, By End User,

2022–2029 (Usd Million)

Table 60 Rest Of Europe: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 61 Rest Of Europe: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 62 Asia Pacific: Macroeconomic Outlook

Table 63 Asia Pacific: Halal Empty Capsules Market,

By Country, 2022–2029 (Usd Million)

Table 64 Asia Pacific: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 65 Asia Pacific: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 66 China: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 67 China: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 68 India: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 69 India: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 70 Japan: Halal Empty Capsules Market, By Type, 2022–2029 (Usd Million)

Table 71 Japan: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 72 Rest Of Asia Pacific: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 73 Rest Of Asia Pacific: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 74 Latin America: Macroeconomic Outlook

Table 75 Latin America: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 76 Latin America: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 77 Middle East & Africa: Macroeconomic Outlook

Table 78 Middle East & Africa: Halal Empty Capsules Market,

By Type, 2022–2029 (Usd Million)

Table 79 Middle East & Africa: Halal Empty Capsules Market,

By End User, 2022–2029 (Usd Million)

Table 80 Overview Of Strategies Adopted By Key Manufacturing

Companies, 2021–2024

Table 81 Halal Empty Capsules Market: Degree Of Competition

Table 82 Halal Empty Capsules Market: Type Footprint

Table 83 Halal Empty Capsules Market: End-user Footprint

Table 84 Halal Empty Capsules Market: Region Footprint

Table 85 Halal Empty Capsules Market: Product Launches,

January 2021–august 2024

Table 86 Halal Empty Capsules Market: Deals, January 2021–august 2024

Table 87 Halal Empty Capsules Market: Expansions, January 2021–august 2024

 

Table 88 Lonza: Company Overview

Table 89 Lonza: Products Offered

Table 90 Lonza: Product Launches, January 2021–august 2024

Table 91 Acg: Company Overview

Table 92 Acg: Products Offered

Table 93 Acg: Deals, January 2021–august 2024

Table 94 Acg: Expansions, January 2021–august 2024

Table 95 Suheung: Company Overview

Table 96 Suheung: Products Offered

Table 97 Qualicaps (Roquette Frères): Company Overview

Table 98 Qualicaps (Roquette Frères): Products Offered

Table 99 Qualicaps (Roquette Frères): Deals, January 2021–august 2024

Table 100 Qualicaps (Roquette Frères): Expansions, January 2021–august 2024

Table 101 Shanxi Guangsheng Capsule: Company Overview

Table 102 Shanxi Guangsheng Capsule: Products Offered

Table 103 Capscanada (Lyfe Group): Company Overview

Table 104 Capscanada (Lyfe Group): Products Offered

Table 105 Healthcaps India: Company Overview

Table 106 Healthcaps India: Products Offered

Table 107 Nectar Lifesciences: Company Overview

Table 108 Nectar Lifesciences: Products Offered

Table 109 Sunil Healthcare: Company Overview

Table 110 Sunil Healthcare: Products Offered

Table 111 Farmacápsulas: Company Overview

Table 112 Farmacápsulas: Products Offered

Table 113 Natural Capsules: Company Overview

Table 114 Natural Capsules: Products Offered

Table 115 Erawat Pharma: Company Overview

Table 116 Erawat Pharma: Products Offered

Table 117 Qingdao Yiqing Biotechnology: Company Overview

Table 118 Qingdao Yiqing Biotechnology: Products Offered

Table 119 Fortcaps: Company Overview

Table 120 Fortcaps: Products Offered

Table 121 Fortcaps: Deals, January 2021–august 2024

Table 122 Saviour Caps: Company Overview

Table 123 Saviour Caps: Products Offered

Figures List

Figure 1 Halal Empty Capsules Market Segmentation

Figure 2 Research Design

Figure 3 Halal Empty Capsules Market: Breakdown Of Primaries

Figure 4 Market Size Estimation: Supply-side Analysis

Figure 5 Market Size Estimation For Halal Empty Capsules Market:

Approach 1 (Revenue Share Analysis)

Figure 6 Illustrative Example Of Capsugel (Lonza):

Revenue Share Analysis (2023)

Figure 7 Market Validation From Primary Experts

Figure 8 Market Size Estimation Methodology: Top-down Approach

Figure 9 Halal Empty Capsules Market: Cagr Projections

Figure 10 Data Triangulation Methodology

Figure 11 Halal Empty Capsules Market, By Type, 2024 Vs. 2029 (Usd Million)

Figure 12 Halal Empty Capsules Market, By End User, 2024 Vs. 2029 (Usd Million)

Figure 13 Geographical Snapshot: Halal Empty Capsules Market

Figure 14 Rising Demand For Halal-certified Products To Propel Market Growth

Figure 15 Gelatin Segment Dominated North American Halal Empty Capsules Market In 2023

Figure 16 Gelatin Halal Empty Capsules Accounted For Largest Market Share

In 2023

Figure 17 Asia Pacific To Register Highest Growth Rate In Halal Empty Capsules Market From 2024 To 2029

Figure 18 Halal Empty Capsules Market: Drivers, Restraints, Opportunities,

And Challenges

Figure 19 Halal Empty Capsules Market: Ecosystem

Figure 20 Halal Empty Capsules Market: Value Chain Analysis

Figure 21 Halal Empty Capsules Market: Supply Chain Analysis

Figure 22 Halal Empty Capsules Market: Porter’s Five Forces Analysis

Figure 23 Key Stakeholders In Buying Process

Figure 24 Key Buying Criteria For Halal Empty Capsules

Figure 25 Revenue Shift And New Revenue Pockets For Halal

Empty Capsule Providers

Figure 26 North America: Halal Empty Capsules Market Snapshot

Figure 27 Asia Pacific: Halal Empty Capsules Market Snapshot

Figure 28 Revenue Analysis Of Key Players In Halal Empty Capsules

Market, 2021–2023

Figure 29 Market Share Analysis Of Key Players, 2023

Figure 30 Halal Empty Capsules Market: Company Evaluation Matrix

(Key Players), 2023

Figure 31 Halal Empty Capsules Market: Company Footprint

Figure 32 Ev/Ebitda Of Key Vendors

Figure 33 Year-to-date (Ytd) Price Total Return And 5-year Stock Beta Of

Key Vendors

Figure 34 Halal Empty Capsules Market: Brand/Product Comparative Analysis

Figure 35 Capsugel (Lonza): Company Snapshot (2023)

Figure 36 Suheung: Company Snapshot (2023)

Figure 37 Healthcaps India: Company Snapshot (2022)

Figure 38 Nectar Lifesciences: Company Snapshot (2023)

Figure 39 Sunil Healthcare: Company Snapshot (2023)

Figure 40 Natural Capsules: Company Snapshot (2023)