Liquid Capsule Filling Machines Market to Make Great Impact in Near Future by 2030
Benefits of liquid
capsule benefits such as easy digestion and availability of raw materials
position liquid capsules as an ideal alternative to conventional tablets. On
the back of increasing adoption of liquid capsules by pharmaceutical and
nutraceutical companies, the global liquid capsule filling machines market will grow 1.3X during the projection
period (2019 - 2029). Surging adoption of plant-based and vegan diets will
continue to strengthen demand for liquid capsules and further increase the sale
of liquid capsule filling machines.
"Market players
are forging strategic partnerships with local mid-sized companies in key growth
regions to expand their global footprint. Advancement of large-scale liquid
capsule filling machines will present remunerative growth opportunities through
2029," highlights FMI report.
Key Takeaways of
Liquid Capsule Filling Machines Market
- Drug manufacturers account for
a majority share of the total product demand.
- Automatic liquid capsule
filling machines drive revenues with a major share of the total market
value.
- Hard gel continues to hold a
leading share in market owing to easy availability of raw materials and
cost efficiency.
- When categorised based on
output capacity, 12,000-25,000 C/hr will create increment dollar opportunities
to the tune of US$ 19 Mn through 2029.
- With over 1/3rd market
value share, North America presents gainful opportunities for
manufacturers during the forecast period.
Key Factors Driving
Liquid Capsule Filling Machines Market
- Presence of prominent manufacturers
and research & development labs in developed regions will present
sustainable growth opportunities.
- Multiplying health conscious
consumers coupled with increasing disposable income will result in
trickled down surge in demand for the product.
- Vegetarian capsules present a
lucrative growth opportunity for all value chain stakeholders.
About the Report
This FMI report covers
the ongoing industry trends and an extensive analysis on liquid capsule filling
machines market growth at global, regional, and country levels. The report
offers compelling insights based on machine type (semi-automatic and
automatic), output capacity (up to 6,000 C/hr, 6,001-12,000 C/hr, 12,001-25,000
C/hr, 25,001-70,000 C/hr, 70,001-90,000 C/hr, and above 90,000 C/hr), capsule
type (hard and soft), end-users (R&D labs, and drug manufacturers), and
across seven key regions (North America, Latin America, Europe, East Asia,
South Asia, Oceania, and Middle East & Africa).
About Future Market
Insights (FMI)
Future Market Insights
(FMI) is a leading provider of market intelligence and consulting services,
serving clients in over 150 countries. FMI is headquartered
in London, the global financial capital, and has delivery centers in the U.S.
and India. FMI's latest market research reports and industry analysis help businesses navigate challenges
and take critical decisions with confidence and clarity amidst breakneck
competition.
Contact
Unit No: AU-01-H Gold
Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
Comments
Post a Comment