According to the report “Europe Empty Capsules Market,” published by Market Data Forecast, the global market is projected to reach USD 388.6 million by 2021 from USD 284.97 million in 2016, at a CAGR of 6.4% from 2016 to 2021.
Every year 13 million Americans suffer from thyroid disorders, and in more than 80% of cases, the problem is underactive thyroid gland i.e. Hypothyroidism. As thyroid hormone regulates body metabolism, its deficiency would lead to symptoms like tiredness, irregular heartbeat, impaired memory, weight gain, slow metabolism and others.
The major cause of thyroid deficiency is autoimmunity in developed nations and most often iodine deficiency in developing countries. Almost one-third of the world’s population belongs to the Asian and African region which is one of the prevalent regions for iodine deficiency which can lead to the chronic conditions such as congenital hypothyroidism or goitre further leading to thyroid cancer.
Thyroid deficiency treatment cost is also growing at the same pace with the increase in some patients with hypothyroidism.
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Europe Empty Capsules market: Drivers & Restraints
Europe Empty Capsules market is driven by growing applications in the pharmaceutical and nutraceuticals companies. Growing consumer preference towards capsule based formulations is also also a major factor fuelling the market growth.
However increasing raw material costs, strict regulatory frameworks and issues concerned with the consumption of capsules containing animal derived ingredients are some of the factors hindering the growth of the market.
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Europe Empty Capsules market: Segmentation
By Product Type
• Gelatin Capsules
• Non Gelatin Capsules
By Therapeutic Applcation
• Antibiotic and Antibacterial Drugs
• Vitamins and Dietary Supplements
• Antacid and Antiflatulent Preparations
• Antianemic Preparations
• Anti-Inflammatory Drugs
• Cardiovascular Therapy Drugs
• Cough and Cold Preparations
• Other therapeutic applications
By End User
• Pharmaceutical Industry
• Nutraceutical Industry
• Cosmetics Industry
• Research Laboratories
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Europe Empty Capsules market: Overview
Most people do not give too much thought to empty gelatin capsules. Unless you take an awful lot of medication or you are into herbal supplements, you probably don't have reason to think twice about gel caps.
However, you might be interested to know that you can make your very own vitamins and herbal supplements with capsule machines. Making your own supplements is a much more cost-effective plan than paying retail prices at health food stores.
The main benefit that many users gain from purchasing empty capsules is the ability to personalise their supplement regimens. This means mixing particular herbal formulas, for example, which are not available in retail form.
While it is possible to fill each capsule by hand, it is also quite time consuming. Rather, many users prefer the convenience of capsule filling machines.
These machines fit all different capsule sizes and automatically fill them at a rate of about a dozen or more per minute. Though a capsule filler is an investment initially, over time it evens out in the savings earned by making your own supplements.
Europe Empty Capsules market: Region-wise Outlook
Based of geography Europe empty capsules market is analyzed under various regions namely United Kingdom, Germany, France, Spain and Italy. Europe is the Second largest market for Empty capsules.
Within Europe, United States is the largest market for Empty capsules.
Key Questions Answered
• What is the current and future Empty Capsules market outlook worldwide? What trends are affecting the Europe market?
• What is the competitive landscape and market share of major players in the Empty Capsules space in Europe?
• What are the key, high growth markets that Empty Capsules manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Empty Capsules currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Empty Capsules?
• What are the challenges and barriers that have hindered widespread adoption of Empty Capsules?
Europe Empty Capsules market: Key Players
Some of the major companies covered in the report are Capsugel, Acg Worldwide, Suheung Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor, LLC, Snail Pharma Industry Co., Ltd. and Sunil Healthcare Limited
Reasons to access Europe Empty Capsules market Report:
•Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
•A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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