The therapeutic applications segment is further categorized into antibiotic and antibacterial drugs, vitamins and dietary supplements, antacid and antiflatulent preparations, antianemic preparations, anti-inflammatory and anti-rheumatic drugs, cardiac therapy drugs, cough and cold preparations, and other therapeutic applications. In 2015, the antibiotic and antibacterial drugs segment held the largest share in the global empty capsules therapeutic applications market.
Based on end users, the market is further segmented into the pharmaceutical industry, nutraceutical industry, cosmetics industry, and research laboratories. The pharmaceutical industry accounted for the largest share of the empty capsules market in 2015.
On the basis of regions, the empty capsules market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America accounted for the largest share of the global empty capsules market. Asia-Pacific is expected to witness the fastest growth during the forecast period. However, scarcity of raw materials for gelatin manufacturing and the subsequent increase in prices of gelatin may affect the growth of the empty capsules market in the Asia-Pacific region in the coming years.
The key players in this market are ACG Worldwide (India), Capsugel (U.S.), CapsCanada Corporation (Canada), Qualicaps, Inc. (U.S.), Suheung Co., Ltd. (Korea), Medi-Caps Ltd. (India), Roxlor LLC (U.S.), Bright Pharma Caps (U.S.), Snail Pharma Industry Co., Ltd. (China), and Sunil Healthcare Ltd. (India).
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for increasing their market shares.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios offered by the top players in the empty capsules market. The report analyzes the empty capsules market by product, therapeutic application, end user, and region
- Product Development/Innovation: Detailed insights on the upcoming trends, research and development activities, and new product launches in the empty capsules market
- Market Development: Comprehensive information about the lucrative emerging markets, by product and region
- Market Diversification: Exhaustive information about new products, growing geographies, recent developments, and investments in the empty capsules market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the empty capsules market
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/empty-capsules-market-by-product-non-gelatin-application--end-user---global-forecast-to-2021-300275778.html