Enteric Empty Capsules Market Size, Share, Industry Outlook, Supply Chain Analysis And Forecast By 2023-2031
Enteric Empty Capsules Market Overview:
The Enteric
Empty Capsules Market was valued at USD 73.31 million in 2022.and is
estimated to reach over USD 148.23 million by 2031 and grow at a CAGR of 8.3% during the
forecast period.
The enteric
empty capsule market is experiencing a surge, driven by increasing demand for
targeted drug delivery and improved patient compliance. These capsules, coated
with a special material, resist dissolution in the acidic environment of the
stomach, releasing their contents only in the intestines where they are most
effective. This blog delves into the key aspects of this dynamic market,
providing insights into its trends, drivers, challenges, and future outlook.
Enteric Empty Capsules Market Drivers
Targeted
Drug Delivery: Enteric coatings protect sensitive drugs from stomach acid,
ensuring optimal absorption and efficacy in the intestines.
Improved
Patient Compliance: Easy-to-swallow capsules enhance medication adherence,
especially for patients with stomach sensitivity.
Drug
Development Trends: The increasing focus on personalized medicine and controlled-release
formulations is driving the demand for enteric capsules.
Market Key Players:
Lonza Group
Ltd, Evonik, The Roxlor Group, CapsCanada Corporation, Qualicaps Inc., CapsulCN
International Co., Ltd., Natural Capsules Limited, Snail Pharma Industry Co.
Ltd, ACG Group, and Anhui Huangshan Capsule Co., Ltd.
Market Segmentation:
By Type: Gelatin and Non-Gelatin
By Therapeutic Application: Antibiotic and Antibacterial Drugs,
Antacid and Antiflatulent Preparations, Dietary Supplements, Cardiovascular
Therapy Drugs, and Others
By End User: Pharmaceutical and Biopharmaceutical
Companies, Cosmetic Companies, Nutraceutical Companies, Clinical Research
Organizations, and Others
Regional
Analysis:
Latin America and the Middle East
& Africa: Emerging Opportunities
While
currently smaller players, Latin America and the Middle East & Africa hold
immense potential for Enteric Empty Capsules Market Growth. Rising healthcare awareness,
government investments in healthcare infrastructure, and increasing disposable
incomes are driving the demand for enteric empty capsules in these regions.
However, factors like political instability, lack of awareness about advanced
drug delivery systems, and limited access to high-quality raw materials pose
challenges that need to be overcome.
Europe: A Steady Climber
Europe
closely follows North America, showcasing consistent growth fueled by a similar
demand for high-quality pharmaceuticals and nutraceuticals. Additionally, a
rising focus on personalized medicine and targeted drug delivery is propelling
the adoption of enteric capsules in the region. The presence of major
pharmaceutical companies and research institutions further bolsters the
market's prospects. However, concerns about raw material sourcing and economic
fluctuations might present hurdles.
North America: The Established Giant
North
America currently reigns supreme, holding the lion's share of the market. This
dominance is fuelled by several factors, including a well-established
pharmaceutical industry, rising healthcare awareness, and increasing demand for
nutraceuticals. The growing geriatric population and the prevalence of chronic
diseases further contribute to the region's lead. However, intense competition
among established players and stringent regulations might Enteric Empty
Capsules Market challenges to future growth
Contact us:
Consegic Business intelligence Pvt Ltd.
Contact no: (US) (505) 715-4344
Email: sales@consegicbusinessintelligence.com
Comments
Post a Comment