HPMC Capsules Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2019 and Forecast 2020-2026

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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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Description

Global HPMC Capsules Market 

 

Report Description:

Global HPMC capsules market report gives comprehensive outlook on HPMC capsules across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global HPMC capsules market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, and region. 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). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global HPMC capsules.

 

Global HPMC Capsules Market:

The global HPMC capsules market is expected to grow at a significant CAGR over the forecast period (2020-2026) owing to rising demand for vegetarian capsules or non-animal capsules and increasing adoption of vegetarian capsules are anticipated to drive the growth of the market. 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. Hydroxypropylmethylcellulose (HPMC) has become a successful alternative material for two-piece capsules and is used for supplements all over the world.

 

Increasing demand for halal and kosher certified capsules

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 dominates the market share in the global 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.

 

Competition Assessment

Key player’s profiles in the global HPMC capsules market include:

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

 

Key Findings of the Report:

  • Global HPMC capsules market expanding at significant CAGR over 2020 to 2026 owing to increasing presence for vegetarian capsules in the developing countries.
  • Based on region, North America accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on developments and collaboration strategies to retain market position in global market

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • 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 startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Type

  • HPMC with Gelling Agent
  • HPMC without Gelling Agent

By Application

  • Pharmaceutical
  • Health Supplements
  • Others

 

Geography

 

North America

  • USA
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

Competition Assessment

Key player’s profiles in the global HPMC capsules market include:

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

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