The Halal Empty Capsules Market was valued at USD 1.2 Billion in 2023 and is expected to reach USD 1.9 Billion by 2032, growing at a CAGR of 5.41% from 2024-2032.
This report provides insights into the Halal Pharmaceuticals Market, covering key factors shaping industry growth. The expanding supply and manufacturing capacity reflects the industry's effort to meet rising global demand, driven by increasing consumer awareness and the need for halal-certified medicines. Healthcare spending on halal pharmaceuticals is surging due to supportive government policies and the growing Muslim population, leading to a rise in drug volume and usage across various therapeutic areas. Additionally, research and development efforts are intensifying, with pharmaceutical companies investing in innovative, halal-compliant formulations. This report also includes regulatory advancements, regional market expansions, and competitive landscape updates, offering a comprehensive industry outlook.
Drivers
Growing demand for certified pharmaceutical and nutraceutical products is fueling the adoption of halal empty capsules.
Growing demand for certified products in pharmaceuticals and nutraceuticals has created a conducive environment for the growth of halal empty capsules market. As consumers are getting increasingly aware of the origins of ingredients, certified capsules that conform to the dietary and ethical requirements of the consumer are in demand. The emerging health supplement sector supplements this demand, with the majority of nutraceutical brands launching certified formulations to meet the precise demands of customers. Moreover, stricter guidelines are being imposed by regulatory bodies across regions pestering pharmaceutical manufacturers to use preferred certified empty capsules. The trend is expected to remain the same, which would lead to greater product development and better production capabilities from players in the market.
Restraints
Limited availability of certified raw materials creates supply chain constraints and raises production costs.
The biggest hurdle in the market is the lack of certified raw materials such as gelatin from approved sources. Strict certification process on raw materials, which in turn restricts supply chain and results in higher costs. This creates issues for many manufacturers that find it hard to scale production, as they are unable to source consistently good, qualitatively certified ingredients. As a further complexity, the alternative raw materials that do comply with the certification standards are generally higher-cost production materials and smaller firms simply cannot compete on price. The supply constraint still weighs upon the price and availability of the components, limiting the growth of the market, particularly in areas with low availability of certified suppliers.
Opportunities
Rising demand for non-gelatin, vegetarian halal capsules is opening new growth avenues for manufacturers.
Increased demand for plant-based substitutes presents a substantial opportunity for non-gelatin vegetarian capsule development. These capsules, most often hydroxypropyl methylcellulose or another plant material, are a great option for multiple diets. As the market for plant-based nutraceuticals and pharmaceuticals grows, companies are investing in R&D to develop traceable, high-quality plant-based capsules. These innovations both resolve supply chain challenges about gelatin, and expand the market reach to a broader spectrum of consumers. Another growth opportunity which further backs this trend is the trend towards sourcing ethically and producing sustainably.
Challenges
Stringent and varying certification requirements across regions make compliance complex and costly for manufacturers.
Certification complexity, owing to different regions having different regulations, has been a major hurdle in the adoption of halal empty capsules, which can act as a major restraining factor in the growth of the halal empty capsules market. Memorizing all the certification requirements for different markets can make compliance a tedious process for manufacturers. A company has to comply with several certification standards, have a long documentation list, and maintain strict ingredient traceability. Such regulatory divergence impedes cross-border market access and raises the costs of doing business. standardization of certification processes and communication with regulatory authorities would make it smoother for the approval. This certification conundrum is too important for manufacturers to solve if they are going to expand their borders and secure continued consumer belief in a product genuineness.
By Type
In 2023, the gelatin segment dominated the market and accounted for 68% of revenue share, due to its wide application in pharmaceutical and nutraceutical applications. Gelatin capsules are preferred by manufacturers due to their high bioavailability, ease of digestion, and efficient drug encapsulation. The growth of capsule manufacturing technologies contributing to increasing stability and easy shelf life of gelatin-based capsules. They are available in many formulations that further drive their demand owing to the cost-effective measure they provide.
The non-gelatin segment is anticipated to register the fastest CAGR during the forecast period, as demand for plant-based and synthetic alternatives increases. The growth is primarily attributed to the rising inclination of consumers toward vegetarian and vegan-friendly capsules and fear about the inclusion of animal-derived ingredients. Vegetarian or non-gelatin capsules, which are commonly manufactured using hydroxypropyl methylcellulose and pullulan, provide moisture stable solutions for water sensitive formulations and are a well-established option for dietary supplements and drug delivery applications. For Instance, in January 2024, Lonza has been offering plant-based HPMC capsules, such as Capsugel, VcapsPlus, designed for moisture-sensitive formulations. These capsules have a low moisture content of 6 to 7%, making them ideal for hygroscopic and moisture-sensitive ingredients.
By End-Use
In 2023, the pharmaceutical industry segment dominated the market and accounted for 58% of revenue share, driven by demand for certified drug delivery solutions. Strict regulations and increasing consumer demand for clean-label products are the main drivers for the use of halal certified capsules among pharmaceutical companies. Increase in chronic diseases, rising pharmaceutical manufacturing in areas like the Middle East and Southeast Asia drives the market.
The nutraceutical industry segment is expected to register the fastest CAGR during the forecast period, rising health awareness and growing popularity of plant-based and clean-label supplements. As consumer needs for halal dietary supplements are increasing, halal empty capsule manufacturers are increasingly making halal empty capsules and companies are also adding them to their nutraceutical lines. With the rising popularity of plant-based and organic supplements, the retailers are focusing on halal-compliant production.
North America dominated the market and accounted for 38% of revenue share, driven by the technologically experienced pharmaceutical and nutraceutical industries. More consumers are aware of where and how their capsules are being sourced, therefore, this led to the rising demand for certified capsules. Another growth factor is established manufacturing infrastructures combined with a focus on adherence to dietary preferences.
The Asia Pacific region is expected to register the fastest CAGR during the forecast period. This expansion is due to the high concentration of key empty capsule manufacturers in this region, as well as the notable presence of halal empty capsules from this region that are utilized across various markets throughout the Middle East, Africa, and Europe. Increasing demand for halal-compliant products and supportive government regulations are also contributing to market growth.
The major key players along with their products are
Capsugel (Lonza Group) – Vcaps Plus HPMC Capsules
ACG Group – ACGcaps H+
Qualicaps – Quali-V HPMC Capsules
Sunil Healthcare Limited – SunilVeg HPMC Capsules
Roxlor Group – NPcaps Plant-Based Capsules
Shanghai Honest Chem Co., Ltd. – HPMC Vegetable Capsules
Medi-Caps Ltd. – Medi-Veg Capsules
Bright Pharma Caps Inc. – BSE-Free Gelatin Capsules
Natural Capsules Limited – Natur-Veg HPMC Capsules
HealthCaps India Ltd. – HPMC Vegetable Capsules
Suheung Co., Ltd. – EMBO CAPS VG
Shaoxing Kangke Capsule Co., Ltd. – Halal Certified HPMC Capsules
Erawat Pharma Limited – Erawat-Veg Capsules
Zhejiang Tianlong Capsule Co., Ltd. – Halal Vegetable Capsules
Farmacapsulas S.A. – Halal Gelatin Capsules
January 2024: ACG's capsule manufacturing facility in Pithampur, India, was recognized by the World Economic Forum's Global Lighthouse Network for its advanced use of Fourth Industrial Revolution technologies, including AI and big data, enhancing operational efficiency and sustainability.
April 2024: MG2 s.r.l. (Italy) and Qualicaps Co. Ltd. (Japan) established a strategic partnership to integrate MG2's capsule filling machines with Qualicaps' sealing technology, enhancing liquid capsule filling solutions.
May 2024: Sun Pharma announced its Q2 FY25 results, with revenue growth driven by domestic business and higher specialty sales in the U.S., indicating a positive trend in the pharmaceutical sector.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 1.19 Billion |
| Market Size by 2032 | USD 1.91 Billion |
| CAGR | CAGR of 5.41% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Gelatin, Non-Gelatin) • By End-Use (Pharmaceutical Industry, Nutraceutical Industry, Other) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Capsugel (Lonza Group), ACG Group, Qualicaps, Sunil Healthcare Limited, Roxlor Group, Shanghai Honest Chem Co., Ltd., Medi-Caps Ltd., Bright Pharma Caps Inc., Natural Capsules Limited, HealthCaps India Ltd., Suheung Co., Ltd., Shaoxing Kangke Capsule Co., Ltd., Erawat Pharma Limited, Zhejiang Tianlong Capsule Co., Ltd., Farmacapsulas S.A. |
Ans - The Halal Empty Capsules Market was valued at USD 1.2 Billion in 2023 and is expected to reach USD 1.9 Billion by 2032.
Ans- The CAGR of the Halal Empty Capsules Market during the forecast period is 5.41% from 2024-2032.
Ans- Asia-Pacific is expected to register the fastest CAGR during the forecast period.
Ans- Growing demand for certified pharmaceutical and nutraceutical products is fueling the adoption of halal empty capsules.
Ans- Stringent and varying certification requirements across regions make compliance complex and costly for manufacturers.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
5. Statistical Insights and Trends Reporting
5.1 Supply and Manufacturing Capacity
5.2 Consumer Preference and Adoption
5.3 Healthcare Spending on Halal Pharmaceuticals
5.4 Drug Volume and Usage Patterns
5.5 Research and Development (R&D) Trends
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Halal Empty Capsules Market Segmentation, By Type
7.1 Chapter Overview
7.2 Gelatin
7.2.1 Gelatin Market Trends Analysis (2020-2032)
7.2.2 Gelatin Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Non-Gelatin
7.3.1 Non-Gelatin Market Trends Analysis (2020-2032)
7.3.2 Non-Gelatin Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Halal Empty Capsules Market Segmentation, By End-Use
8.1 Chapter Overview
8.2 Pharmaceutical Industry
8.2.1 Pharmaceutical Industry Market Trends Analysis (2020-2032)
8.2.2 Pharmaceutical Industry Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Nutraceutical Industry
8.3.1 Nutraceutical Industry Market Trends Analysis (2020-2032)
8.3.2 Nutraceutical Industry Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Other
8.4.1 Other Market Trends Analysis (2020-2032)
8.4.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.4 North America Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.5.2 USA Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.6.2 Canada Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.6.2 France Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.4 Asia Pacific Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 China Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 India Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.5.2 Japan Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.9.2 Australia Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.4 Africa Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Halal Empty Capsules Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.4 Latin America Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Halal Empty Capsules Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Halal Empty Capsules Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)
10. Company Profiles
10.1 Capsugel (Lonza Group)
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 ACG
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Qualicaps
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Sunil Healthcare Limited
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Roxlor Group
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Shanghai Honest Chem Co., Ltd
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Medi-Caps Ltd.
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Bright Pharma Caps Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Natural Capsules Limited
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 HealthCaps India Ltd.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
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Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segmentation
By Type
Gelatin
Non-Gelatin
By End-Use
Pharmaceutical Industry
Nutraceutical Industry
Other
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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