United States Empty Capsules Market Insights Forecasts to 2033

• The U.S. Empty Capsules Market Size was valued at USD 943.1 Million in 2023.
• The Market is growing at a CAGR of 6.35% from 2023 to 2033
• The U.S. Empty Capsules Market Size is Expected to Reach USD 1745.4 Million by 2033

The U.S. Empty Capsules Market Size is Anticipated to Exceed USD 1745.4 Million by 2033, Growing at a CAGR of 6.35% from 2023 to 2033.

Market Overview

Empty capsules are empty shells, which are made from unique film-forming materials. In general, they serve the purpose of protective shells to the drugs and recently have gained popularity as innovative drug delivery products among pharmaceutical and biopharmaceutical companies. Apart from this, the increasing popularity of nutraceutical products among the masses and the use of marine capsules in dietetic supplements have mainly driven the demand for empty capsules in the country. All these factors led many international players to expand their geographical reach and further solidify their ground in the market. The proactive measures adopted by consumers to ensure their physical and mental health primarily led to increased awareness of nutraceutical products as boosters of immunity. Consequently, the same added up to an increase in the purchases of dietary supplements that promote better health in individuals and contributed positively towards increased demand for empty capsules during the course of the pandemic.

Report Coverage

This research report categorizes the market for the US empty capsules market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States empty capsules market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.S. empty capsules market.

Driving Factors

The growing interest of healthcare professionals to suggest nutraceutical products as a complement to treatment for an increasing number of diseases majorly contributed to the growing demand for nutraceuticals in the U.S. Growing interest of the population in nourishing their body and mind by enhancing their immunity also augmented the demand for nutraceutical products in the country. These factors are fueling higher intake of nutraceuticals and dietary supplements in the diet plan. This demand increase also has led to a surge in the demand for empty capsules in the nutraceutical industry.

Restraining Factor

The growth rate of demand for gelatin being greater than the growth rate of the supply chain, price fluctuation in gelatin has a big impact on the market of empty capsules.

Market Segmentation

The US empty capsules market share is classified into type and functionality.

• The gelatin segment is expected to hold a significant market share through the forecast period.

The United States empty capsules market is segmented by type into gelatin, hydroxypropyl methylcellulose (HPMC), and others. Among these, the gelatin segment is expected to hold a significant market share through the forecast period. This is attributed to the increased application by pharmaceutical companies as well as by dietary supplement manufacturers.

• The immediate release segment is expected to dominate the US market during the projected period.

Based on the functionality, the United States empty capsules market is divided into immediate release, sustained release, and delayed release. Among these, the immediate release segment is expected to dominate the US empty capsules market during the projected period. This is attributed to the increased use of antacid and antibacterial medicines. In addition, its property of showing instant disintegration of its drug content for better absorption and subsequent pharmacological action further boosted its market growth in advance.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States empty capsules market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ACG
• Lonza
• CapsCanada
• Robinson Pharma, Inc.
• QUALICAPS
• Bright Pharma Caps
• Capsuline
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2023, VANTAGE NUTRITION, LLC. An ACG Company. ComboCap, Inc. in the U.S. and BioCap in South Africa. The company has 80 international patent awards and boasts of being in the invention and commercialization of its Side-by-side technology.

Market Segment

This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States empty capsules market based on the below-mentioned segments:

United States Empty Capsules Market, By Type

• Gelatin
• Hydroxypropyl Methylcellulose (HPMC)
• Others

United States Empty Capsules Market, By Functionality

• Immediate Release
• Sustained Release
• Delayed Release