• The global Hard HPMC Capsule market size was valued at US$ 678 million in 2024 and is projected to reach US$ 987 million by 2030, at a CAGR of 6.5% during the forecast period 2024-2030.
• The United States Hard HPMC Capsule market size was valued at US$ 182 million in 2024 and is projected to reach US$ 253 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
• The global Hard HPMC Capsule market is showing strong growth, driven by increasing demand for vegetarian and vegan-friendly capsules, growing preference for plant-based products, and expanding applications in the pharmaceutical and nutraceutical industries. Key players include Lonza Group, Capsugel, and Suheung Co., Ltd. The market benefits from HPMC capsules' superior stability and compatibility with a wide range of fill materials. In 2024, pharmaceutical applications accounted for 65% of the market, with dietary supplements showing the fastest growth. The industry is seeing innovation in modified release HPMC capsules for controlled drug delivery.
• There's growing demand for low-moisture content capsules for moisture-sensitive ingredients. Manufacturers are developing custom colors and printing options for brand differentiation. The market is benefiting from the trend towards clean label and natural products in the health and wellness sector. Challenges include higher production costs compared to gelatin capsules and ensuring consistent dissolution profiles across different formulations. The US market is particularly strong in the nutraceutical sector, driven by a large dietary supplement industry and consumer preference for plant-based options.
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