North America Empty Capsules Market is estimated to be growing at a CAGR of 5.8%, to reach $665.9 million by 2021
North America Empty Capsules Market by Product, by Therapeutic Application, by End User and by Region- Industry Analysis, Size, Share, Growth, Trends, and Forecasts(2016–2021)
(EMAILWIRE.COM, September 27, 2017 ) The North America Empty Capsules Market was worth $502.09 million in 2016 and estimated to be growing at a CAGR of 5.8%, to reach $665.9 million by 2021. The market is showcasing evident potential in the forecast period. Empty Capsules are generally made from Gelatin, which is derived from plant or animal origin. These are used as dosage form for prescription and OTC drugs, nutrient supplements and herbal products.
North American Empty Capsules market growth is majorly driven by increasing number of pharmaceutical and nutraceuticals companies. Growing consumer preference for capsule based formulations is also driving the growth of the market. However increasing raw material costs, stringent regulatory approval policies and cultural issues concerned with the consumption of capsules containing animal derived ingredients are hindering the market growth.
Get a comprehensive overview of the North America Empty Capsules Market:
http://www.marketdataforecast.com/market-reports/north-america-empty-capsules-market-441/
North America Empty Capsules market is segmented into product, therapeutic application and End User. Based on product the market is further sub-segmented into Gelatin Capsules and Non-Gelatin Capsules. On the basis of therapeutic application global market for Empty capsules is segmented as Antibiotic and Antibacterial Drugs, Antacid and Antiflatulent Preparations, Anti anemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Dietary Supplements and Vitamins, Cough and Cold Preparations and other therapeutic applications. By End User the market is segmented into Pharmaceutical Industry, Cosmetics Industry, Nutraceutical Industry and Research Laboratories.
Get accurate market forecast and analysis on the North America Empty Capsules Market Request a sample to stay up-to-date on the main trends affecting this market:
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Gelatin Capsules is the largest product segment accounting for a share of approximately 80% whereas Non-Gelatin capsules is estimated to be the fastest segment with a CAGR of XX% due to increasing preference for vegetable origin capsules.
Based on geography North American market for empty capsules is segmented into two major regions namely United States and Canada. North America is the largest market for Empty capsules. Within North America, United States is the largest market due to rising consumer awareness
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Some of the major companies covered in the report are Capsugel, Acg Worldwide, Suheung Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor, LLC, Snail Pharma Industry Co., Ltd. and Sunil Healthcare Limited
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
North American Empty Capsules market growth is majorly driven by increasing number of pharmaceutical and nutraceuticals companies. Growing consumer preference for capsule based formulations is also driving the growth of the market. However increasing raw material costs, stringent regulatory approval policies and cultural issues concerned with the consumption of capsules containing animal derived ingredients are hindering the market growth.
Get a comprehensive overview of the North America Empty Capsules Market:
http://www.marketdataforecast.com/market-reports/north-america-empty-capsules-market-441/
North America Empty Capsules market is segmented into product, therapeutic application and End User. Based on product the market is further sub-segmented into Gelatin Capsules and Non-Gelatin Capsules. On the basis of therapeutic application global market for Empty capsules is segmented as Antibiotic and Antibacterial Drugs, Antacid and Antiflatulent Preparations, Anti anemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Dietary Supplements and Vitamins, Cough and Cold Preparations and other therapeutic applications. By End User the market is segmented into Pharmaceutical Industry, Cosmetics Industry, Nutraceutical Industry and Research Laboratories.
Get accurate market forecast and analysis on the North America Empty Capsules Market Request a sample to stay up-to-date on the main trends affecting this market:
http://www.marketdataforecast.com/market-reports/north-america-empty-capsules-market-441/request-sample
Gelatin Capsules is the largest product segment accounting for a share of approximately 80% whereas Non-Gelatin capsules is estimated to be the fastest segment with a CAGR of XX% due to increasing preference for vegetable origin capsules.
Based on geography North American market for empty capsules is segmented into two major regions namely United States and Canada. North America is the largest market for Empty capsules. Within North America, United States is the largest market due to rising consumer awareness
Inquire Before buying @http://www.marketdataforecast.com/market-reports/north-america-empty-capsules-market-441/inquire
Some of the major companies covered in the report are Capsugel, Acg Worldwide, Suheung Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor, LLC, Snail Pharma Industry Co., Ltd. and Sunil Healthcare Limited
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results