Empty Capsules Market - A Story of Very Rapid Development with CAGR of 7.2% | MarketsandMarkets
Therapeutic agents are encapsulated in hard and soft gelatin empty capsules, increasing the demand for capsule production and driving the empty capsule market forward. According to the new market research report global empty capsules market is projected to reach $ 3.7 billion by 2026 from $ 2.6 billion in 2021, at a CAGR of 7.2% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=218018190 Opportunity: Expansion of capsule production in emerging countries The traditionally lucrative pharmaceuticals market is becoming challenging from a growth perspective due to the diminishing drug pipeline, government-induced pressure to reduce costs and regulations on innovative products. This is encouraging pharmaceutical manufacturers to move their manufacturing bases closer to high-growth emerging markets. Through this, manufacturers can take advantage of low-cost manufacturing along with several financial benefits in terms of a...