/Empty Capsules Market: USD 4.2B by 2029, 6.3% CAGR, Driven by Nutraceuticals & Pharmaceuticals | MarketsandMarkets™
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Empty Capsules Market: USD 4.2B by 2029, 6.3% CAGR, Driven by Nutraceuticals & Pharmaceuticals | MarketsandMarkets™

PRNewswire
2024/06/21

Empty Capsules Market: USD 4.2B by 2029, 6.3% CAGR, Driven by Nutraceuticals & Pharmaceuticals | MarketsandMarkets™

CHICAGO, June 21, 2024 — The global empty capsules market is projected to reach USD 4.2 billion by 2029, expanding from USD 3.1 billion in 2024, driven by growing demand for nutraceuticals, pharmaceutical advancements, and increased clinical trials and R&D activities. Major players such as Capsugel (Lonza), ACG, and QUALICAPS are implementing diverse strategies such as new product introductions, acquisitions, and global expansions to bolster their market positions. Capsugel (Lonza) leads with innovations like their recent acid-sensitive capsule launch, while ACG enhances production capacity with significant investments in sustainable manufacturing. QUALICAPS maintains a strong global presence and high-quality standards through strategic production facilities, supporting their role in therapeutic applications including antibiotics, dietary supplements, antacids, and cardiovascular drugs.

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Summary

/PRNewswire/ -- The global empty capsules market is projected to reach USD 4.2 billion by 2029, expanding from USD 3.1 billion in 2024, driven by growing...