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Empty Capsules Market To Be Driven By Proliferation Of Nutraceutical Industries Till 2024 Health Articles | August 2 Cheap Jerseys , 2016

New Market Research Reports Title “Empty Capsules Market Analysis Size and Segment Forecasts to 2024” Has Been Added to Grand View Research Report Database



The global聽empty capsules market聽is expected to reach USD 2.57 billion by 2024, according to a new report by Grand View Research, Inc. Key factors responsible for the growth are the increase in the geriatric population, proliferation of pharmaceutical Wholesale NBA Basketball Jerseys , nutraceutical, and cosmeceutical industries, globally and the upsurge in the consumer preferences for capsules over tablets.聽


The rising geriatric population count and the associated chronic conditions are expected to heighten the demand for the production of capsule-centric medications in the pharmaceutical and nutraceutical application areas. Moreover, the benefits associated with capsule consumption Wholesale Basketball Jerseys , such as ease of swallowing, faster absorption rates, and increased palatability are also expected to contribute significantly to the expansion of the market over the forecast period.聽


The mushrooming of the pharmaceutical, nutraceutical Wholesale NBA Jerseys , and cosmeceutical industries is expected to serve as a high impact rendering driver for the empty capsules market over the forecast period.聽


The nutraceuticals aid in the prevention of certain chronic conditions and hence the consumption of these products has significantly increased over the past few years. For instance, nutraceuticals, such as omega-3 fatty acids, help in the prevention of cardiovascular conditions and the heightened accessibility to these low-cost vitamin supplements has reduced the incidences of vitamin deficiencies.聽


In 2015 Wholesale Jerseys Online , the gelatin capsules segment accounted for the highest revenue of nearly USD 1,172.3 million. This high revenue share is attributed to the following factors: sufficient availability of gelatin for the production process and the cost-effectiveness of gelatin capsules as compared to non-gelatin capsules, such as Hydroxypropyl methylcellulose (HPMC) capsules and pullulan or starch material capsules.聽


However, the non-gelatin capsules segment is expected to emerge as the fastest growing category with a CAGR of 6.9% from 2016 to 2024. With the source of the non-gelatin capsules being vegetarian Wholesale Jerseys From China , the religious and cultural issues experienced in connection with capsules containing animal-derived inactive ingredients can be evaded; this factor is estimated to be primarily responsible for the large consumer base of this market over the forecast period. 聽


Browse full research report on Global Empty Capsules Market:聽

Further key findings from the study suggest:

In 2015, the antibiotic and antibacterial drugs segment generated the largest revenue of USD 453.7 million owing to the surge in prevalence of a range of infectious diseases and chronic conditions worldwide. The vitamins and dietary supplements category is expected to exhibit the fastest growth rate of 7.8% over the forecast period. Global efforts to reduce malnutrition and vitamin deficiencies by various social welfare organizations and government agencies are expected to boost the usage rates over the forecast period. In 2015, North America dominated the empty capsules market with a revenue share of over 39.6% due to the high disease burden, the access to the latest drugs in this region Wholesale Jerseys China , and the high consumption rate of nutraceutical and cosmeceutical products in this region. Increase in the geriatric population susceptible to varied conditions and disorders coupled with the burgeoning of various bacterial and viral infections is expected to im. Cheap Jerseys From China Wholesale Jerseys Wholesale Jerseys Wholesale Authentic Jerseys Wholesale NHL Jerseys From China Wholesale NBA Jerseys China Wholesale MLB Jerseys Free Shipping Wholesale NCAA Jerseys China Free Shipping Wholesale Football Jerseys China Wholesale NCAA College Jerseys