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(Medical-NewsWire.com, November 15, 2017 ) Empty Capsules Market by Product, by Therapeutic Application, by End User and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts(2016–2021)
Empty Capsules are mostly preferred due to their fast disintegrating ability which results in quicker absorption rates and the use of tasteless and odourless gelatin coating makes it consumable.
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Empty Capsules Market: Drivers & Restraints
Increasing geriatric population, growing demand for Empty Capsules and increasing incidence of chronic disorders are the primary factors driving the growth of the market. Also increasing pharmaceutical industries and upcoming technologies is expected to boost the market.
However, increasing prices of raw materials is a major factor hampering the growth of the market.
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Empty Capsules Market: Segmentation
By Product Type
• Gelatin Capsules
• Non Gelatin Capsules
By Therapeutic Application
• Antibiotic and Antibacterial Drugs
• Vitamins and Dietary Supplements
• Antacid and Antiflatulent Preparations
• Antianemic Preparations
• Anti-Inflammatory Drugs
• Cardiovascular Therapy Drugs
• Cough and Cold Preparations
• Other therapeutic applications
By End User
• Pharmaceutical Industry
• Nutraceutical Industry
• Cosmetics Industry
• Research Laboratories
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle-East
o Africa
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Empty Capsules Market: Overview
In 2017, the Gelatin capsules is expected to have the largest share of the market. Increasing use of gelatin capsule has promoted the growth of this category. In 2017 antibiotic and antibacterial drugs is anticipated to have fastest growth owing to factors like rising incidence of chronic diseases.
The Empty Capsules Market is dominated by North America in 2017. North America was followed next in line by Europe and Asia Pacific. Asia Pacific is expected to witness significant growth owing to increasing pharmaceutical industries and improving healthcare infrastructure.
Empty Capsules Market: Key Players
The Empty Capsules market is highly competitive with a large number of players. Some of the major Companies are Suheung Co Ltd., Bright Pharmacaps Inc., Capsugel, Acg Worldwide, Capscanada Corporation, Medi-Caps Ltd., Qualicaps. Other companies operating in this market are Snail Pharma Industry Co. Ltd, Roxlor LLC. and Sunil Healthcare Limited.
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