HPMC Capsules Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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HPMC Capsules Market By Product Type (HPMC with Gelling Agent and HPMC without Gelling Agent), By Application (Pharmaceutical, Health Supplements, and Others), and Geography

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Report

Description

HPMC Capsules Market size was valued at USD 359.2 million in 2021 and is expected to reach USD 660.8 million by 2028, at a CAGR of 9.1% during forecast period 2022-2028. Furthermore, these are also considered to be safe for normal human consumption and is commonly used as an option instead of gelatin because of its vegetarian source and its physical appearance to gelatin. Moreover, this is also used as raw material for coatings with moderate strength, moderate moisture, and oxygen barrier properties, elasticity, transparency, and resistance to oil and fat. This can also be used as a tablet binder and as a tablet matrix for extended release. Additionally, HPMC products are Kosher, Vegetarian-society and Vegan certified. The demand for HPMC capsules for oral consumption has risen considerably due to its universal use without any fillers. For instance, in 2014, around 10%-15% of the USA’s supplements and medications were launched in capsule form, compared to just 5% in 2007. Over the year’s gelatin capsules were the preferred choice of capsule shells in the pharmaceutical industry and planned to remain popular, however vegetarian capsules such as Hydroxy Propyl Methyl Cellulose or HPMC capsules have started to infiltrate. Hydroxy propyl methyl cellulose (HPMC) has become a successful alternative material for two-piece capsules and is used for supplements all over the world.  This report studies global HPMC capsules market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global HPMC capsules market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

HPMC Capsules Market

MARKET SUMMARY
-
9.1%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 9.1%
  • Largest Market– North America
  • Fastest Growing Market– Europe

HPMC Capsules Market

  • The report on global hpmc capsules market gives historical, current and future market sizes (US$ Bn) on the basis of product type, application, and region.
  • hpmc capsules market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global HPMC capsules.
Key Players
  • Lonza (Capsugel)
  • Qingdao Capsule
  • Sunil Healthcare
  • ACG Associated Capsules
  • CapsCanada
HPMC Capsules Market Dynamics

Pharmaceutical industries have already started using halal-certified ingredients and manufacturing methods to cash in on the high buying power of Muslims in Europe. However, Muslims in Europe are very less than in other parts of the world, purchasing power is much greater than that of members of the community in Southeast Asia, the Middle East and Sub-Saharan Africa, with Turkey, Russia and France all figuring in the top 10 markets. In Asia Pacific countries, manufacturers have started manufacturing vegetarian capsules on demand for the products in the Asia Pacific countries.


North-America Got Significant Share

HPMC Capsules Market

In 2019, North America contributed highest revenue share followed by Europe, and Asia Pacific in the global HPMC market. North America region is anticipated to grow with a significant CAGR over the forecast years owing to the stringent regulations and presence of large number of market players in the region. Moreover, increasing preference for clean labels and kosher, halal, and BSE certifications. Increasing number of clinical trials on vegetarian capsules are expected to create significant opportunities over the forecast years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The HPMC Capsules Market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
HPMC Capsules Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The HPMC capsules market is projected to expand at a CAGR of 9.1% during the forecast period

Lonza (Capsugel), Qingdao Capsule, Sunil Healthcare, ACG Associated Capsules, CapsCanada, Lefan Capsule, Qualicaps, Shanxi GS Capsule, Suheung Capsule

North America is the fastest-growing region for HPMC capsules market


Report

Company Profile

  • Lonza (Capsugel)
  • Qingdao Capsule
  • Sunil Healthcare
  • ACG Associated Capsules
  • CapsCanada
  • Lefan Capsule
  • Qualicaps
  • Shanxi GS Capsule
  • Suheung Capsule

Description

HPMC Capsules Market size was valued at USD 359.2 million in 2021 and is expected to reach USD 660.8 million by 2028, at a CAGR of 9.1% during forecast period 2022-2028. Furthermore, these are also considered to be safe for normal human consumption and is commonly used as an option instead of gelatin because of its vegetarian source and its physical appearance to gelatin. Moreover, this is also used as raw material for coatings with moderate strength, moderate moisture, and oxygen barrier properties, elasticity, transparency, and resistance to oil and fat. This can also be used as a tablet binder and as a tablet matrix for extended release. Additionally, HPMC products are Kosher, Vegetarian-society and Vegan certified. The demand for HPMC capsules for oral consumption has risen considerably due to its universal use without any fillers. For instance, in 2014, around 10%-15% of the USA’s supplements and medications were launched in capsule form, compared to just 5% in 2007. Over the year’s gelatin capsules were the preferred choice of capsule shells in the pharmaceutical industry and planned to remain popular, however vegetarian capsules such as Hydroxy Propyl Methyl Cellulose or HPMC capsules have started to infiltrate. Hydroxy propyl methyl cellulose (HPMC) has become a successful alternative material for two-piece capsules and is used for supplements all over the world.  This report studies global HPMC capsules market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global HPMC capsules market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

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