PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631737
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1631737
Global Halal Empty Capsules Market Size Study, by Type (Gelatin, Non-Gelatin), by Application (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry), and Regional Forecasts 2022-2032
The Global Halal Empty Capsules Market was valued at approximately USD 1.13 billion in 2023 and is projected to expand at a robust CAGR of 5.40% during the forecast period from 2024 to 2032. Halal empty capsules have garnered significant attention due to their compliance with religious dietary laws, making them suitable for a broad demographic of consumers in the pharmaceutical and nutraceutical sectors. These capsules, crafted from both gelatin and non-gelatin sources, cater to a growing consumer base emphasizing ethical and health-conscious choices. The market's evolution is further spurred by increasing regulatory acceptance and the rising demand for personalized medication solutions.
The market's growth trajectory is largely influenced by the surging demand for halal-certified products across the pharmaceutical and nutraceutical industries. A growing consumer preference for clean-label and transparent sourcing practices amplifies this demand. Furthermore, advancements in capsule manufacturing technology have enabled better dissolution profiles and enhanced bioavailability, addressing key pharmaceutical needs. An additional factor propelling market growth is the strategic investment by key players to develop eco-friendly, plant-based capsules, catering to the rising vegan and vegetarian population. However, fluctuating raw material prices and stringent certification requirements pose challenges to market participants.
Regionally, the halal empty capsules market is experiencing differential growth rates. In 2023, Asia Pacific emerged as the fastest-growing region due to its large Muslim population and increasing pharmaceutical manufacturing activities. Southeast Asian nations, particularly Indonesia and Malaysia, have become focal points for market expansion. On the other hand, North America remains a significant contributor, driven by a growing health-conscious consumer base and the rapid adoption of halal-certified nutraceutical products. Europe, with its stringent regulations and rising demand for clean-label supplements, continues to be a key player in the global market.
Major market players included in this report are:
- 1. Capsugel (Lonza Group)
- 2. ACG Group
- 3. Qualicaps Co., Ltd.
- 4. Suheung Co., Ltd.
- 5. Sunil Healthcare Limited
- 6. HealthCaps India Ltd.
- 7. Shanxi Guangsheng Medicinal Capsule Co., Ltd.
- 8. Farmacapsulas S.A.
- 9. Capscanada Corporation
- 10. Gelita AG
- 11. Er-Kang Pharmaceutical Co., Ltd.
- 12. Medi-Caps Ltd.
- 13. Zhejiang Huili Capsules Co., Ltd.
- 14. Natural Capsules Ltd.
- 15. Bright Pharma Caps
The detailed segments and sub-segments of the market are explained below:
By Type:
- Gelatin
- Non-Gelatin
By Application:
- Pharmaceutical Industry
- Nutraceutical Industry
- Cosmetic Industry
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market estimates and forecasts for 10 years from 2022 to 2032.
- Comprehensive geographical analysis with country-level insights for major regions.
- Detailed competitive landscape highlighting key players in the market.
- Strategic insights and recommendations for market entry and expansion.
- Evaluation of market dynamics with demand and supply-side analyses
Table of Contents
Chapter 1. Global Halal Empty Capsules Market Executive Summary
- 1.1. Global Halal Empty Capsules Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Halal Empty Capsules Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Halal Empty Capsules Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Demand for Halal-Certified Products
- 3.1.2. Advancements in Capsule Manufacturing Technologies
- 3.1.3. Rising Consumer Preference for Ethical and Health-Conscious Choices
- 3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Stringent Certification Requirements
- 3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Development of Eco-Friendly, Plant-Based Capsules
- 3.3.3. Strategic Investments by Key Players
Chapter 4. Global Halal Empty Capsules Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Halal Empty Capsules Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Halal Empty Capsules Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Gelatin
- 5.2.2. Non-Gelatin
Chapter 6. Global Halal Empty Capsules Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Halal Empty Capsules Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Pharmaceutical Industry
- 6.2.2. Nutraceutical Industry
- 6.2.3. Cosmetic Industry
Chapter 7. Global Halal Empty Capsules Market Size & Forecasts by Region 2022-2032
- 7.1. North America Halal Empty Capsules Market
- 7.1.1. U.S. Halal Empty Capsules Market
- 7.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
- 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Halal Empty Capsules Market
- 7.1.1. U.S. Halal Empty Capsules Market
- 7.2. Europe Halal Empty Capsules Market
- 7.2.1. U.K. Halal Empty Capsules Market
- 7.2.2. Germany Halal Empty Capsules Market
- 7.2.3. France Halal Empty Capsules Market
- 7.2.4. Spain Halal Empty Capsules Market
- 7.2.5. Italy Halal Empty Capsules Market
- 7.2.6. Rest of Europe Halal Empty Capsules Market
- 7.3. Asia-Pacific Halal Empty Capsules Market
- 7.3.1. China Halal Empty Capsules Market
- 7.3.2. India Halal Empty Capsules Market
- 7.3.3. Japan Halal Empty Capsules Market
- 7.3.4. Australia Halal Empty Capsules Market
- 7.3.5. South Korea Halal Empty Capsules Market
- 7.3.6. Rest of Asia Pacific Halal Empty Capsules Market
- 7.4. Latin America Halal Empty Capsules Market
- 7.4.1. Brazil Halal Empty Capsules Market
- 7.4.2. Mexico Halal Empty Capsules Market
- 7.4.3. Rest of Latin America Halal Empty Capsules Market
- 7.5. Middle East & Africa Halal Empty Capsules Market
- 7.5.1. Saudi Arabia Halal Empty Capsules Market
- 7.5.2. South Africa Halal Empty Capsules Market
- 7.5.3. Rest of Middle East & Africa Halal Empty Capsules Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Capsugel (Lonza Group)
- 8.1.2. ACG Group
- 8.1.3. Qualicaps Co., Ltd.
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Capsugel (Lonza Group)
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Suheung Co., Ltd.
- 8.3.3. Sunil Healthcare Limited
- 8.3.4. HealthCaps India Ltd.
- 8.3.5. Shanxi Guangsheng Medicinal Capsule Co., Ltd.
- 8.3.6. Farmacapsulas S.A.
- 8.3.7. Capscanada Corporation
- 8.3.8. Gelita AG
- 8.3.1. Capsugel (Lonza Group)
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
