Global HPMC Capsules Market Insights, Forecast to 2025

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 is valued at 423 million US$ in 2018 and will reach 697.2 million US$ by the end of 2025, growing at a CAGR of 7.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the HPMC Capsules market based on company, product type, end user and key regions.

This report studies the global market size of HPMC Capsules in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of HPMC Capsules in these regions.
This research report categorizes the global HPMC Capsules market by top players/brands, region, type and end user. This report also studies the global HPMC Capsules market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Lonza (Capsugel)
ACG Associated Capsules
Qualicaps
Shanxi GS Capsule
CapsCanada
Suheung Capsule
Qingdao Capsule
Lefan Capsule
Sunil Healthcare

HPMC Capsules market size by Type
HPMC with Gelling Agent
HPMC without Gelling Agent
HPMC Capsules market size by Applications
Pharmaceutical
Health Supplements
Others

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global HPMC Capsules market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of HPMC Capsules market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global HPMC Capsules companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of HPMC Capsules submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of HPMC Capsules are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (B Capsules). Both top-down and bottom-up approaches have been used to estimate and validate the market size of HPMC Capsules market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.