HPMC Capsules are two-piece capsules made from cellulosic raw materials that satisfy vegetarian, religion, cultural and policy needs. These vegetable capsules are an attractive, all natural dosage form that retain all the advantages - easy to swallow, effectively mask taste and odor, and allow product visibility. These capsules are also starch-free, gluten-free and preservative-free, and meet the strict dietary needs of customers that choose a vegetarian lifestyle. HPMC (Hydroxypropyl methylcellulose) capsules have been developed for both Health Supplements products and Nutraceutical.
The vegetarian capsules industry concentration is high because there are only small producers get the technology to produce them. The production of HPMC capsules concentrated in Europe, USA, India and China. Capsugel, which now is a Lonza company, took a majority of production market share, about 45% in 2018, followed by ACG Associated Capsules with a portion of around 12.1%.The key consumption markets locate at developed countries. The North America and Europe together take a market share of above 52%. In China market, vegetarian capsules percentage is very lower compared to the whole capsules market, and fat lower than that of in developed regions, although it has a fast growth speed.
Currently, the main type of soft vegetarian capsules is plant polysaccharides type, and empty vegetarian capsules is HPMC, Pulullan polysaccharide is still a type of conception according to our interview with Capsugel. The main application of softgel capsule is health supplements, but for HPMC capsule, it is pharmaceutical industry.
The vegetarian capsules can be divided into two products, i.e. softgels and empty capsules, the softgels price is relatively high and the empty one is lower.The price of softgel capusles is followed a declined trend. While the HPMC products is much stable, and get a slight upturn, thought its price is the lowest in the all types of vegetarian capsules.
The Global HPMC Capsules Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global HPMC Capsules Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Lonza (Capsugel)
ACG Associated Capsules
Qualicaps
Shanxi GS Capsule
CapsCanada
Suheung Capsule
Qingdao Capsule
Lefan Capsule
Sunil Healthcare
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
HPMC with Gelling Agent
HPMC without Gelling Agent
In Market segmentation by applications :
Pharmaceutical
Health Supplements
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the HPMC Capsules Market for the forecast period 2020 - 2026?
• What are the driving forces in the HPMC Capsules Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the HPMC Capsules industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?