Market size in 2024 | US$ 678 million |
Forecast Market size by 2030 | US$ 987 million |
---|---|---|---|
Growth Rate | CAGR of 6.5% | Number of Pages | 115 Pages |
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.
Pharmaceutical capsules made from hydroxypropyl methylcellulose (HPMC), a plant-based alternative to gelatin, used for encapsulating drugs, supplements, and other active ingredients.
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.
Report Overview
HPMC capsules incorporate a gelling agent to achieve enteric properties, allowing for the protection of sensitive ingredients from the acidic environment of the stomach and complete dissolution in the intestine. They also provide sufficient taste-masking and acid-resistance to prevent gastric reflux for fish oils and have become the solution of choice for numerous probiotics, herbal or mineral formulations on the market today.
This report provides a deep insight into the global Hard HPMC Capsule market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Hard HPMC Capsule Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Hard HPMC Capsule market in any manner.
Global Hard HPMC Capsule Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
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Chapter Outline
Report Attributes | Report Details |
---|---|
Report Title | Global Hard HPMC Capsule Market Research Report 2024(Status and Outlook) |
Market size in 2024 | US$ 678 million |
Forecast Market size by 2030 | US$ 987 million |
Growth Rate | CAGR of 6.5% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 115 Pages |
Customization Available | Yes, the report can be customized as per your need. |
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