Empty Capsules Market Size - By Type (Gelatin, Vegetarian Capsules), Source (Porcine Gelatin, Bovine Derived Gelatin, Bone Meal, Starch Materials & Pullulan), Functionality, Capsule Size, Application, End-user & Global Forecast, 2024 - 2032

Empty Capsules Market Size - By Type (Gelatin, Vegetarian Capsules), Source (Porcine Gelatin, Bovine Derived Gelatin, Bone Meal, Starch Materials & Pullulan), Functionality, Capsule Size, Application, End-user & Global Forecast, 2024 - 2032

Global Empty Capsules Market size will exhibit a 7.7% CAGR between 2024 and 2032, owing to ongoing advancements in capsule manufacturing technologies in line with the increasing preference for both gelatin and non-gelatin capsules. These advancements improve capsule quality, stability, and compatibility with various formulations. Gelatin-based capsules remain popular in the pharmaceutical and nutraceutical sectors, while non-gelatin options like HPMC and pullulan cater to vegetarian and vegan preferences. This dual trend of technological innovation and diverse capsule preferences will propel the empty capsules industry forward.

For instance, in February 2023, Vivion, Inc., a brand of Operio Group and a global ingredient solutions provider, launched a new range of HPMC, empty gelatin, and pullulan capsules.

The empty capsules industry is fragmented based on type, source, functionality, capsule size, application, end-user, and region.

The nutraceuticals industry segment will establish a notable market foothold by 2032, attributed to the increasing demand for dietary supplements and functional foods worldwide. Empty capsules provide a convenient and customizable delivery method for nutraceutical products, appealing to consumers seeking health and wellness solutions. With a focus on natural ingredients and wellness trends, the nutraceuticals industry will drive demand for empty capsules.

The empty capsules market share from the bovine-derived gelatin segment will record a significant uptick from 2024 to 2032 due to its widespread use in pharmaceuticals, nutraceuticals, and dietary supplements. Bovine gelatin capsules offer excellent stability and compatibility with a variety of formulations, making them a preferred choice for manufacturers. With a rising demand for gelatin-based capsules in the pharmaceutical industry and the increasing popularity of nutraceuticals, the bovine-derived gelatin segment will maintain its dominance in the empty capsules market.

Asia Pacific empty capsules market will secure a noteworthy CAGR between 2024 and 2032, driven by expanding pharmaceutical and nutraceutical industries, especially in countries like China and India. Rising healthcare expenditures and a growing aging population also contribute to the demand for empty capsules. With increasing investments in research and development, Asia Pacific will emerge as a key contributor to the market's expansion, offering a wide range of applications in drug delivery and dietary supplements.