HPMC Capsules Market
HPMC Capsules are two-piece capsules made from cellulosic raw materials that satisfy vegetarian, religion, cultural and policy needs. These vegetable capsules are an attractive, all natural dosage form that retain all the advantages – easy to swallow, effectively mask taste and odor, and allow product visibility.
These capsules are also starch-free, gluten-free and preservative-free, and meet the strict dietary needs of customers that choose a vegetarian lifestyle. HPMC Hydroxypropyl methylcellulose capsules have been developed for both Health Supplements products and Nutraceutical.
The vegetarian capsules industry concentration is high because there are only small producers get the technology to produce them. The production of HPMC capsules concentrated in Europe, USA, India and China. Capsugel, which now is a Lonza company, took a majority of production market share, about 45% in 2018, followed by ACG Associated Capsules with a portion of around 12.1%.
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The key consumption markets locate at developed countries:
The North America and Europe together take a market share of above 52%.
In China market, vegetarian capsules percentage is very lower compared to the whole capsules market, and fat lower than that of in developed regions, although it has a fast growth speed.
Currently, the main type of soft vegetarian capsules is plant polysaccharides type, and empty vegetarian capsules is HPMC, Pulullan polysaccharide is still a type of conception according to our interview with Capsugel. The main application of softgel capsule is health supplements, but for HPMC capsule, it is pharmaceutical industry.
The vegetarian capsules can be divided into two products, i.e. softgels and empty capsules, the softgels price is relatively high and the empty one is lower.The price of softgel capusles is followed a declined trend.
While the HPMC products is much stable, and get a slight upturn, thought its price is the lowest in the all types of vegetarian capsules.
According to this study, over the next five years the HPMC Capsules market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 599 million by 2024, from US$ 413.8 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in HPMC Capsules business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of HPMC Capsules market by product type, application, key manufacturers and key regions and countries.
This study considers the HPMC Capsules value and volume generated from the sales of the following segments:
Segmentation by product type:
Breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- HPMC with Gelling Agent
- HPMC without Gelling Agent
Segmentation by application:
Breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Pharmaceutical
- Health Supplements
Others
This report also splits the market by region:
Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Breakdown data in in Chapter 3.
- Lonza Capsugel
- ACG Associated Capsules
- Qualicaps
- Shanxi GS Capsule
- CapsCanada
- Suheung Capsule
- Qingdao Capsule
- Lefan Capsule
- Sunil Healthcare
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives:
- To study and analyze the global HPMC Capsules consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of HPMC Capsules market by identifying its various sub segments. Focuses on the key global HPMC Capsules manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the HPMC Capsules with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
- To project the consumption of HPMC Capsules submarkets, with respect to key regions along with their respective key countries.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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