Global Empty Capsules Market Opportunities and Forecast 2023-2030

  •   DLR2298
  •   August, 2022
  •   Pages: 120
  •  Global
Empty Capsules Market Overview

The global Empty Capsules market is projected to rise at a significant rate in the forecast period. In recent years, drug administration via capsules has seen substantial changes in terms of product refinement, ensuring high-quality prognosis, and patient comfort. For key stakeholders, new and improved capsule sealing procedures, fill material advancements, and improvements in capsule shells are levelling the playing field. The bigger profit pool generated by these is boosting the market for empty capsules.

Furthermore, capsule demand will be propelled by factors such as the penetrative reach of preventive care in developing regions, high bioavailability, and elasticity. As a result, throughout the forecast period, the global empty capsules market would nearly double in size. Additionally, the global empty capsules market is expected to be driven by rising demand from the pharmaceutical and nutraceutical industries, as well as increased R&D activities for the development of innovative delivery technologies.
Empty capsules are commonly used by biopharmaceutical and pharmaceutical businesses, as well as the consumer health and nutrition industries. As a result, the growth of the life science and healthcare industries has a big impact on the need for empty capsules. In developing markets, the life science industry is rapidly increasing. This is expected to enhance the empty capsules market during the forecast period.

On the negative side, social and ethical obligations (prohibition of the use of animal products in religions) are expected to detain the adoption of these products in the forecast period. This fact hampers the growth of the market.

Report Metric Details
Market size available for years 2023–2030
Base year considered 2023
Forecast period 2024–2030
Forecast unit Value (USD Million)
Segments covered Application, Functionality, Source, Type, End User, and Region
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered Capsugel (Part of Lonza), ACG Worldwide, Qualicaps (Subsidiary of Mitsubishi Chemical Holdings Corporation), CapsCanada, Suheung Co. Ltd., Roxlor, Medi-Caps Ltd., HealthCaps India Ltd., Sunil Healthcare Limited.


Covid-19 Impact on Empty Capsules Market
 
In addition, the current Empty Capsules Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Empty Capsules Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Empty Capsules Market Segment Overview



Based on Type, the Gelatin Capsules segment dominated the global Empty Capsules market and is estimated to remain dominant throughout the forecast period, because of its advantageous qualities, including thermo-reversibility and tableting, non-allergenicity, viscoelasticity, and biocompatibility. On the other hand, the non-gelatin capsules segment is anticipated to grow at the fastest rate during the forecast period. Non-gelatin capsules, such as hydroxypropyl methylcellulose (HPMC) capsules, have grown in popularity in the pharmaceutical and nutraceutical industries, contributing to the global market's strong growth.

Empty Capsules Market, By Application 
·       Antibiotic & Antibacterial Drugs
·       Vitamin & Dietary Supplements
·       Antacid & Antiflatulent Preparations
·       Cardiovascular Therapy Drugs
·       Cough & Cold Drugs
·       Other

Empty Capsules Market, By Functionality
·       Immediate-release Capsules
·       Sustained-release Capsules
·       Delayed-release Capsules

Empty Capsules Market, By Source
·       Porcine
·       Bovine
·       Marine
·       Natural

Empty Capsules Market, By Type
  • Gelatin Capsules
    • Hard Gelatin
    • Soft Gelatin
  • Non-gelatin Capsules
Empty Capsules Market, By End User
·       Pharmaceutical Industry
·       Nutraceutical Industry
·       Other

Empty Capsules Regional Overview

In terms of region, Europe is anticipated to be the most prominent region in the Empty Capsules market. The existence of major pharmaceutical and nutraceutical companies, as well as the continuous adoption of newer technology, will be some of the elements that will put Europe in the focus. Similarly, North America is another major region for the empty capsules market. The presence of significant capsule producers with big production capacity, as well as several pharmaceutical giants with large manufacturing capacities who use these capsules is some key factors that boost the growth of the market in this region. Further, the market in the Asia Pacific is expected to witness remarkable growth in the projected period. An increase in healthcare expenditure in countries such as China and India will strengthen the growth of the market in this region.

Empty Capsules Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Empty Capsules Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Empty Capsules are highlighted below.

·       In February 2023, ACG Group has expanded its footprint in Brazil with the opening of its new capsules manufacturing plant in Pouso Alegre-Minas Gerais. With approximately $95 million invested, the factory spans an area of 14,000 square meters and will generate approximately 500 new jobs locally.
 
Empty Capsules Market, Key Players

·       Capsugel (Part of Lonza)
·       ACG Worldwide
·       Qualicaps (Subsidiary of Mitsubishi Chemical Holdings Corporation)
·       CapsCanada
·       Suheung Co. Ltd.
·       Roxlor
·       Medi-Caps Ltd.
·       HealthCaps India Ltd.
·       Sunil Healthcare Limited

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the Empty Capsules market during the forecast period?

The Empty Capsules market is expected to record a CAGR of ~ 7 % during the forecast period.

Q2. What are the driving factors for the Empty Capsules market?

The rising demand from the pharmaceutical and nutraceutical industries, as well as increased R&D activities for the development of innovative delivery technologies, and rapidly increasing life science industry are boosting the growth of the Empty Capsules market.

Q3. What are the restraining factors for the Empty Capsules market?

Social and ethical obligations (prohibition of the use of animal products in religions) are expected to detain the adoption of these products in the forecast period. This fact hampers the growth of the market.

Q4. Which segment is projected to hold the largest share in the Empty Capsules Market. ?

The Gelatin Capsules segment is projected to hold the largest share in the Empty Capsules Market.

Q5. Which are the prominent players in the Empty Capsules Market?

Capsugel (Part of Lonza), ACG Worldwide, Qualicaps (Subsidiary of Mitsubishi Chemical Holdings Corporation), CapsCanada, Suheung Co. Ltd., Roxlor, Medi-Caps Ltd., HealthCaps India Ltd., Sunil Healthcare Limited. are some key players in the Empty Capsules Market.
Empty Capsules Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Empty Capsules Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Application
        • 5.2.1. Antibiotic & Antibacterial Drugs
        • 5.2.2. Vitamin & Dietary Supplements
        • 5.2.3. Antacid & Antiflatulent Preparations
        • 5.2.4. Cardiovascular Therapy Drugs
        • 5.2.5. Cough & Cold Drugs
        • 5.2.6. Other
      • 5.3. Market Analysis, Insights and Forecast – By Functionality
        • 5.3.1. Immediate-release Capsules
        • 5.3.2. Sustained-release Capsules
        • 5.3.3. Delayed-release Capsules
      • 5.4. Market Analysis, Insights and Forecast – By Source
        • 5.4.1. Porcine
        • 5.4.2. Bovine
        • 5.4.3. Marine
        • 5.4.4. Natural
      • 5.5. Market Analysis, Insights and Forecast – By Type
        • 5.5.1. Gelatin Capsules
          • 5.5.1.1. Hard Gelatin
          • 5.5.1.2. Soft Gelatin
        • 5.5.2. Non-gelatin Capsules
      • 5.6. Market Analysis, Insights and Forecast – By End User
        • 5.6.1. Pharmaceutical Industry
        • 5.6.2. Nutraceutical Industry
        • 5.6.3. Other
      • 5.7. Market Analysis, Insights and Forecast – By Region
        • 5.7.1. North America
        • 5.7.2. Europe
        • 5.7.3. Asia Pacific
        • 5.7.4. Latin America, Middle East and Africa

      6. North America Empty Capsules Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Application
        • 6.2.1. Antibiotic & Antibacterial Drugs
        • 6.2.2. Vitamin & Dietary Supplements
        • 6.2.3. Antacid & Antiflatulent Preparations
        • 6.2.4. Cardiovascular Therapy Drugs
        • 6.2.5. Cough & Cold Drugs
        • 6.2.6. Other
      • 6.3. Market Analysis, Insights and Forecast – By Functionality
        • 6.3.1. Immediate-release Capsules
        • 6.3.2. Sustained-release Capsules
        • 6.3.3. Delayed-release Capsules
      • 6.4. Market Analysis, Insights and Forecast – By Source
        • 6.4.1. Porcine
        • 6.4.2. Bovine
        • 6.4.3. Marine
        • 6.4.4. Natural
      • 6.5. Market Analysis, Insights and Forecast – By Type
        • 6.5.1. Gelatin Capsules
          • 6.5.1.1. Hard Gelatin
          • 6.5.1.2. Soft Gelatin
        • 6.5.2. Non-gelatin Capsules
      • 6.6. Market Analysis, Insights and Forecast – By End User
        • 6.6.1. Pharmaceutical Industry
        • 6.6.2. Nutraceutical Industry
        • 6.6.3. Other
      • 6.7. Market Analysis, Insights and Forecast – By Country
        • 6.7.1. U.S.
        • 6.7.2. Canada

      7. Europe Empty Capsules Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Application
        • 7.2.1. Antibiotic & Antibacterial Drugs
        • 7.2.2. Vitamin & Dietary Supplements
        • 7.2.3. Antacid & Antiflatulent Preparations
        • 7.2.4. Cardiovascular Therapy Drugs
        • 7.2.5. Cough & Cold Drugs
        • 7.2.6. Other
      • 7.3. Market Analysis, Insights and Forecast – By Functionality
        • 7.3.1. Immediate-release Capsules
        • 7.3.2. Sustained-release Capsules
        • 7.3.3. Delayed-release Capsules
      • 7.4. Market Analysis, Insights and Forecast – By Source
        • 7.4.1. Porcine
        • 7.4.2. Bovine
        • 7.4.3. Marine
        • 7.4.4. Natural
      • 7.5. Market Analysis, Insights and Forecast – By Type
        • 7.5.1. Gelatin Capsules
          • 7.5.1.1. Hard Gelatin
          • 7.5.1.2. Soft Gelatin
        • 7.5.2. Non-gelatin Capsules
      • 7.6. Market Analysis, Insights and Forecast – By End User
        • 7.6.1. Pharmaceutical Industry
        • 7.6.2. Nutraceutical Industry
        • 7.6.3. Other
      • 7.7. Market Analysis, Insights and Forecast – By Country
        • 7.7.1. UK
        • 7.7.2. Germany
        • 7.7.3. France
        • 7.7.4. Italy
        • 7.7.5. Spain
        • 7.7.6. Russia
        • 7.7.7. Rest of Europe

      8. Asia Pacific Empty Capsules Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Application
        • 8.2.1. Antibiotic & Antibacterial Drugs
        • 8.2.2. Vitamin & Dietary Supplements
        • 8.2.3. Antacid & Antiflatulent Preparations
        • 8.2.4. Cardiovascular Therapy Drugs
        • 8.2.5. Cough & Cold Drugs
        • 8.2.6. Other
      • 8.3. Market Analysis, Insights and Forecast – By Functionality
        • 8.3.1. Immediate-release Capsules
        • 8.3.2. Sustained-release Capsules
        • 8.3.3. Delayed-release Capsules
      • 8.4. Market Analysis, Insights and Forecast – By Source
        • 8.4.1. Porcine
        • 8.4.2. Bovine
        • 8.4.3. Marine
        • 8.4.4. Natural
      • 8.5. Market Analysis, Insights and Forecast – By Type
        • 8.5.1. Gelatin Capsules
          • 8.5.1.1. Hard Gelatin
          • 8.5.1.2. Soft Gelatin
        • 8.5.2. Non-gelatin Capsules
      • 8.6. Market Analysis, Insights and Forecast – By End User
        • 8.6.1. Pharmaceutical Industry
        • 8.6.2. Nutraceutical Industry
        • 8.6.3. Other
      • 8.7. Market Analysis, Insights and Forecast – By Country
        • 8.7.1. China
        • 8.7.2. India
        • 8.7.3. Japan
        • 8.7.4. Australia
        • 8.7.5. South East Asia
        • 8.7.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Empty Capsules Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Application
        • 9.2.1. Antibiotic & Antibacterial Drugs
        • 9.2.2. Vitamin & Dietary Supplements
        • 9.2.3. Antacid & Antiflatulent Preparations
        • 9.2.4. Cardiovascular Therapy Drugs
        • 9.2.5. Cough & Cold Drugs
        • 9.2.6. Other
      • 9.3. Market Analysis, Insights and Forecast – By Functionality
        • 9.3.1. Immediate-release Capsules
        • 9.3.2. Sustained-release Capsules
        • 9.3.3. Delayed-release Capsules
      • 9.4. Market Analysis, Insights and Forecast – By Source
        • 9.4.1. Porcine
        • 9.4.2. Bovine
        • 9.4.3. Marine
        • 9.4.4. Natural
      • 9.5. Market Analysis, Insights and Forecast – By Type
        • 9.5.1. Gelatin Capsules
          • 9.5.1.1. Hard Gelatin
          • 9.5.1.2. Soft Gelatin
        • 9.5.2. Non-gelatin Capsules
      • 9.6. Market Analysis, Insights and Forecast – By End User
        • 9.6.1. Pharmaceutical Industry
        • 9.6.2. Nutraceutical Industry
        • 9.6.3. Other
      • 9.7. Market Analysis, Insights and Forecast – By Country
        • 9.7.1. Brazil
        • 9.7.2. Saudi Arabia
        • 9.7.3. UAE
        • 9.7.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Capsugel (Part of Lonza)
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. ACG Worldwide
      • 10.6. Qualicaps (Subsidiary of Mitsubishi Chemical Holdings Corporation)
      • 10.7. CapsCanada
      • 10.8. Suheung Co. Ltd.
      • 10.9. Roxlor
      • 10.10. Medi-Caps Ltd.
      • 10.11. HealthCaps India Ltd.
      List of Figures

      Figure 1: Global Empty Capsules Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Empty Capsules Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Empty Capsules Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Empty Capsules Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Empty Capsules Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Empty Capsules Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Empty Capsules Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Empty Capsules Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model