Halal and Kosher Empty Capsules Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2027
The global halal and kosher empty capsules market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Halal and kosher empty capsules are non-GMO and gluten-free capsules made from hydroxypropylmethylcellulose or purified water and hold the halal and kosher certification. Additionally, capsules such as Vcaps Plus and Plantacaps, among others have received halal and kosher certification. The major factor driving the demand for halal and kosher empty capsules is the increasing demand for high-quality empty hard gelatin capsules in the pharmaceutical industry across the globe.
Moreover, the market is also
growing due to the increasing prevalence of various diseases. Additionally, the
increasing demand for vitamins and supplements is supporting the demand for
halal and kosher empty capsules in cosmeceutical, nutraceutical, and
pharmaceutical industries. However, the growth of the market is hampered due to
the high cost of vegetarian capsules. Furthermore, the rising pharmaceutical
industry in developing nations will offer lucrative growth opportunities for
the market.
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Some major players in the market include Lonza Group, Health
Caps India Ltd., Qualicaps LLC, among others. The market players are
contributing significantly to the growth of the market by the adoption of
various strategies including mergers & acquisitions, geographical
expansion, partnerships and collaborations, and new product launches, to stay
competitive in the market. For instance, in May 2019, - Lonza announced the
launch of its new Vcaps Plus White Opal capsule. The launch was aimed to
address the growing demand for opaque capsules that do not include titanium
dioxide.
Market Coverage
•
The market number available for – 2020-2027
•
Base year- 2020
•
Forecast period- 2021-2027
Segment Covered-
•
By Type
•
By Application
Regions Covered-
•
North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive Landscape- Lonza Group, and Qualicaps
LLC, among others.
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Global Halal and Kosher Empty Capsules Market Report by
Segment
By Type
• Gelatin
Type
• Vegetable
Type
• Others
By Application
• Health
Supplement
• Pharmaceuticals
• Others
Global Halal and Kosher Empty Capsules Market Report by
Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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