


Gelatin hollow capsules are widely utilized in the pharmaceutical and nutraceutical industries for encapsulating medications and supplements.
Their ability to mask taste and odor, coupled with ease of swallowing, makes them a preferred choice for oral dosage forms.
GLOBAL MARKET SIZE (2023):
APPROXIMATELY USD 1.76 BILLION.
PROJECTED MARKET SIZE (2032): AROUND USD 3.92 BILLION.
COMPOUND ANNUAL GROWTH RATE (CAGR): 9.3% DURING THE FORECAST PERIOD.
Hard Gelatin Capsules: Preferred for solid drugs, powders, and granulated formulations.
Soft Gelatin Capsules (Softgels): Dominant segment due to higher absorption rates and ease of swallowing.
By Application
Pharmaceuticals: Accounts for over 60% of total applications, used for prescription drugs and controlled-release medications.
Nutraceuticals: Represents over 30% of applications, driven by demand for dietary supplements
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Emerging market with healthcare investments.
SOUTH & CENTRAL AMERICA
Steady growth from rising nutraceutical demand.
NORTH AMERICA
Strong demand from pharma and nutraceutical sectors.
Growth driven by nutraceutical adoption and regulations.
Fastest-growing due to pharma expansion and rising health awareness.