Two-piece Empty Hard Capsule Market
By Raw Material;
Gelatin, HPMC-[Hydroxypropyl Methylcellulose] and Starch& PullulanBy Size;
Size "00" capsules, Size "0" capsules, Size "1" capsules, Size "2" capsules and OthersBy Type of Release;
Immediate Release Capsules and Delayed Release CapsulesBy End Use;
Pharmaceuticals, Health & Nutrition and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Two-piece Empty Hard Capsule Market Overview
Two-Piece Empty Hard Capsule Market (USD Million)
Two-Piece Empty Hard Capsule Market was valued at USD 2,204.45 million in the year 2024. The size of this market is expected to increase to USD 3,536.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.
Two-piece Empty Hard Capsule Market
*Market size in USD million
CAGR 7.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 7.0 % |
Market Size (2024) | USD 2,204.45 Million |
Market Size (2031) | USD 3,536.16 Million |
Market Concentration | Medium |
Report Pages | 326 |
Major Players
- Capsugel (Now Lonza Capsules)
- Qualicaps
- ACG Worldwide
- CapsCanada Corporation
- Suheung Co., Ltd.
- Sunil Healthcare Limited
- Farmacapsulas S.A.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Two-piece Empty Hard Capsule Market
Fragmented - Highly competitive market without dominant players
The Two-piece Empty Hard Capsule Market is experiencing significant momentum as they emerge as a preferred choice for oral drug delivery. Around 55% of oral formulations now utilize capsule systems due to their adaptability, patient compliance, and efficiency compared to traditional methods.
Nutraceutical Industry Driving Growth
The nutraceutical sector is accelerating demand, with over 40% of supplement producers selecting capsule-based formats. Their suitability for powders, blends, and pellets makes them ideal for dietary and wellness products, aligning with consumer trends toward preventive health and nutritional supplements.
Technological Advancements in Capsule Design
Innovation is reshaping the segment, with nearly 30% of new developments enhancing capsule durability, solubility, and advanced delivery mechanisms. These improvements ensure higher bioavailability and more consistent results, strengthening their role in modern treatment and wellness solutions.
Supportive Healthcare Programs
Healthcare authorities and institutions are fostering growth, with more than 50% of clinical initiatives promoting capsule-based drug delivery methods. Such supportive frameworks are increasing accessibility while reinforcing the importance of capsules in effective medication management.
Positive Outlook for Market Growth
With widespread adoption and consistent innovation, the Two-piece Empty Hard Capsule Market shows strong growth prospects. Data reveals that over 45% of production facilities are boosting their capsule manufacturing capacity, underscoring the rising reliance on capsules in both pharmaceuticals and nutraceuticals.
Two-Piece Empty Hard Capsule Market Recent Developments
- In August 2021, Qualicaps Europe, S.A.U. expanded its presence across South Asia. This expansion enables the company to uphold its high standards of performance, functionality, and quality across the region. The company offers flexibility to meet diverse customer needs, fosters collaboration in scientific, technical, and service areas of capsule delivery, and provides high-quality products and services.
- in August 2021, Qualicaps Europe, S.A.U. expands its footprint throughout the region of South Asia. a result of this expansion, the company is well-equipped to maintain its high standards of performance, functionality, and quality in these integrated regions: flexibility to meet unique customer needs, cooperation in the scientific, technical, and service aspects of the Capsule delivery form, and high-quality products and services.
Two-Piece Empty Hard Capsule Market Segment Analysis
In this report, the Two-Piece Empty Hard Capsule Market has been segmented by Raw Material, Size,Type of Release End Use and Geography.
Two-Piece Empty Hard Capsule Market, Segmentation by Raw Material
The Two-Piece Empty Hard Capsule Market has been segmented by Raw Material into Gelatin, HPMC (Hydroxypropyl Methylcellulose) and Starch And Pullulan.
Gelatin
Gelatin-based capsules dominate the two-piece empty hard capsule market, holding more than 65% share. Their widespread use is driven by cost efficiency, compatibility with diverse formulations, and established safety. Yet, concerns over animal-derived ingredients are gradually influencing demand.
HPMC (Hydroxypropyl Methylcellulose)
HPMC capsules capture nearly 25% of the market, mainly due to demand for vegetarian and vegan alternatives. They offer superior stability in humid conditions and are widely applied in nutraceuticals and herbal supplements, especially in regions favoring plant-based solutions.
Starch and Pullulan
Starch and pullulan capsules represent around 10% of market share but are expanding rapidly. Their plant-based, eco-friendly composition appeals strongly to health-conscious and sustainability-driven consumers. Increasing use in clean-label products is expected to accelerate their adoption further.
Two-Piece Empty Hard Capsule Market, Segmentation by Size
The Two-Piece Empty Hard Capsule Market has been segmented by Size into Size "00" capsules, Size "0" capsules, Size "1" capsules, Size "2" capsules, Others.
Size "00" Capsules
Size “00” capsules lead the market with more than 40% share, driven by their large fill capacity. They are widely applied in nutraceuticals, herbal formulations, and dietary supplements, offering consumers the advantage of consuming higher dosages in one capsule.
Size "0" Capsules
Size “0” capsules account for nearly 30% of the market and are extensively used in pharmaceuticals and nutraceuticals. Their combination of optimal dosage volume and ease of swallowing makes them one of the most popular capsule formats globally.
Size "1" Capsules
Size “1” capsules hold about 15% share and are particularly chosen for prescription medications and specialized supplements. They provide accurate moderate dosage delivery, ensuring reliable use in therapeutic and preventive care.
Size "2" Capsules
Size “2” capsules represent around 10% of demand, primarily serving pediatric and geriatric segments. Their smaller size supports easy consumption while maintaining effective dosage levels for sensitive patient groups.
Others
Other capsule sizes contribute nearly 5% to the market, including extra-small and custom capsule designs. These formats are commonly used in niche markets, clinical research, and specialized drug delivery applications.
Two-Piece Empty Hard Capsule Market, Segmentation by Type of Release
The Two-Piece Empty Hard Capsule Market has been segmented by Type of Release into Immediate Release Capsules and Delayed Release Capsule.
Immediate Release Capsules
Immediate release capsules lead the market with nearly 70% share due to their ability to rapidly dissolve in the stomach. They are widely adopted in pharmaceuticals, nutraceuticals, and dietary supplements, ensuring quick therapeutic effects and broad applicability.
Delayed Release Capsules
Delayed release capsules account for about 30% of the market and are specifically designed to resist stomach acid. These capsules enable targeted intestinal delivery, making them valuable in probiotics, specialty treatments, and controlled drug release.
Two-Piece Empty Hard Capsule Market, Segmentation by End Use
The Two-Piece Empty Hard Capsule Market has been segmented by End Use into Pharmaceuticals, Health & Nutrition and Others.
Pharmaceuticals
Pharmaceuticals dominate the market with nearly 65% share, driven by extensive use in prescription medicines, OTC drugs, and clinical therapies. Their ability to deliver precise dosing, enhanced stability, and reliable bioavailability supports their leading position.
Health & Nutrition
Health & nutrition applications account for about 30% of the market, fueled by demand for nutraceuticals, herbal products, and dietary supplements. Rising consumer focus on preventive healthcare and plant-based wellness solutions continues to drive this segment forward.
Others
Other applications represent nearly 5% of demand, covering research, veterinary medicine, and custom formulations. Although smaller in size, this segment is expanding with advancements in personalized healthcare and niche drug delivery systems.
Two-Piece Empty Hard Capsule Market, Segmentation by Geography
In this report, the Two-Piece Empty Hard Capsule Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Two-Piece Empty Hard Capsule Market Share (%), by Geographical Region
North America
North America holds nearly 35% of the market, supported by strong pharmaceutical R&D, advanced healthcare infrastructure, and rising demand for nutraceuticals and dietary supplements.
Europe
Europe contributes about 25% of global share, driven by strict regulatory standards and increasing preference for plant-based and vegetarian capsules. Established capsule manufacturers also strengthen its market presence.
Asia Pacific
Asia Pacific accounts for around 28% and is the fastest-growing region. Growth is fueled by rising generic drug production, expanding nutraceutical consumption, and better healthcare access in countries like India and China.
Middle East and Africa
Middle East and Africa hold approximately 6% of the market, supported by improving healthcare infrastructure, increasing pharmaceutical imports, and growing awareness of nutritional wellness.
Latin America
Latin America represents close to 6% share, led by growth in Brazil and Mexico. Expanding pharmaceutical industries and rising consumption of herbal and dietary supplements continue to fuel demand.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Two-Piece Empty Hard Capsule Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising health awareness
- Growing pharmaceutical industry
- Increasing dietary supplements
- Advancements in encapsulation
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Demand for nutraceuticals : The demand for nutraceuticals is significantly driving the Global Two-Piece Empty Hard Capsule Market. Nutraceuticals, which include functional foods and dietary supplements, are gaining popularity due to their perceived health benefits and role in disease prevention. As consumers become more health-conscious and proactive about managing their well-being, the preference for nutraceuticals has surged, propelling the need for effective delivery systems such as hard capsules. These capsules are favored for their ability to protect sensitive ingredients, ensure precise dosing, and offer convenience in consumption.
Moreover, the aging global population and the increasing incidence of chronic diseases have amplified the demand for nutraceutical products. Older adults, in particular, are turning to dietary supplements to support their health, manage age-related conditions, and maintain a better quality of life. Two-piece empty hard capsules are ideal for encapsulating a wide range of nutraceutical ingredients, including vitamins, minerals, herbal extracts, and probiotics. This versatility, coupled with the growing consumer preference for preventive healthcare, fuels the expansion of the two-piece empty hard capsule market.
Additionally, the trend towards clean label products and transparency in the nutraceutical sector has further bolstered the market. Consumers are increasingly seeking products with natural ingredients and minimal additives, driving manufacturers to adopt two-piece hard capsules that align with these preferences. Capsules made from natural and plant-based materials are particularly appealing, as they cater to the demand for clean and sustainable nutraceutical solutions. This alignment with consumer trends underscores the critical role of nutraceutical demand in driving the growth of the Global Two-Piece Empty Hard Capsule Market.
Restraints:
- Regulatory compliance challenges
- Fluctuating raw material
- High manufacturing costs
- Limited ingredient compatibility
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Supply chain disruptions : Supply chain disruptions present a significant restraint in the Global Two-Piece Empty Hard Capsule Market. The production and distribution of empty hard capsules depend on a complex supply chain that involves sourcing raw materials, manufacturing, and logistics. Any disruption in this chain, whether due to geopolitical tensions, natural disasters, or pandemics like COVID-19, can severely impact the availability and cost of capsules. These disruptions can lead to delays, increased costs, and challenges in meeting market demand, ultimately affecting the profitability and operational efficiency of capsule manufacturers.
Furthermore, the sourcing of raw materials such as gelatin and plant-based alternatives is particularly vulnerable to supply chain issues. Gelatin, commonly derived from animal by-products, can be affected by fluctuations in the meat industry and regulatory changes related to animal welfare and health. Similarly, plant-based materials like hydroxypropyl methylcellulose (HPMC) require specific agricultural inputs, which can be influenced by climate change and agricultural policies. These dependencies on external factors make the supply chain susceptible to volatility, posing a restraint on the consistent production of two-piece hard capsules.
To mitigate these challenges, manufacturers need to invest in supply chain resilience strategies, such as diversifying suppliers, increasing inventory levels, and enhancing supply chain visibility. However, these measures can increase operational costs and complexity. The ongoing need to balance cost-efficiency with supply chain stability remains a critical challenge for the industry. Addressing these supply chain vulnerabilities is essential to ensure the reliable availability of two-piece empty hard capsules and to support the sustained growth of the market amidst external uncertainties.
Opportunities:
- Emerging market expansion
- Innovations in formulations
- Customized capsule offerings
- Growth in probiotics
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Sustainability-driven demand : Sustainability-driven demand offers a significant opportunity in the Global Two-Piece Empty Hard Capsule Market. As environmental concerns gain prominence, consumers and regulatory bodies are increasingly emphasizing the need for sustainable practices in all sectors, including pharmaceuticals and nutraceuticals. This shift in consumer and regulatory expectations is driving capsule manufacturers to innovate and develop eco-friendly capsules made from renewable and biodegradable materials. Plant-based capsules, such as those made from HPMC, align with the growing preference for sustainable and vegan-friendly products, offering a viable alternative to traditional gelatin capsules.
Moreover, sustainability in the capsule market extends beyond raw materials to encompass the entire lifecycle of the product, including manufacturing processes, packaging, and distribution. Manufacturers adopting green manufacturing practices, such as reducing energy consumption, minimizing waste, and utilizing recyclable packaging, can significantly enhance their market appeal. This focus on sustainability not only helps in meeting regulatory requirements but also caters to the ethical values of environmentally conscious consumers, thereby driving market growth.
The opportunity for sustainability-driven demand also opens doors for strategic partnerships and innovations in the market. Collaborations with suppliers of sustainable raw materials, investment in research and development for new eco-friendly formulations, and the implementation of circular economy principles can position companies as leaders in sustainability. As consumers continue to prioritize environmental impact in their purchasing decisions, companies that proactively embrace sustainability will likely gain a competitive edge, fostering long-term growth and customer loyalty in the Global Two-Piece Empty Hard Capsule Market.
Competitive Landscape Analysis
Key players in Global Two-Piece Empty Hard Capsule Market include :
- Capsugel (Now Lonza Capsules)
- Qualicaps
- ACG Worldwide
- CapsCanada Corporation
- Suheung Co., Ltd.
- Sunil Healthcare Limited
- Farmacapsulas S.A.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Raw Material
- Market Snapshot, By Size
- Market Snapshot, By Type of Release
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Two-Piece Empty Hard Capsule Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising health awareness
- Growing pharmaceutical industry
- Increasing dietary supplements
- Advancements in encapsulation
- Demand for nutraceuticals
- Restraints
- Regulatory compliance challenges
- Fluctuating raw material
- High manufacturing costs
- Limited ingredient compatibility
- Supply chain disruptions
- Opportunities
- Emerging market expansion
- Innovations in formulations
- Customized capsule offerings
- Growth in probiotics
- Sustainability-driven demand
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Two-Piece Empty Hard Capsule Market, By Raw Material, 2021 - 2031 (USD Million)
- Gelatin
- HPMC (Hydroxypropyl Methylcellulose)
- Starch And Pullulan
- Two-Piece Empty Hard Capsule Market, By Size, 2021 - 2031 (USD Million)
- Size "00" capsules
- Size "0" capsules
- Size "1" capsules
- Size "2" capsules
- Others
-
Two-Piece Empty Hard Capsule Market, By Type of Release, 2021 - 2031 (USD Million)
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Immediate Release Capsules
-
Delayed Release Capsules
-
- Two-Piece Empty Hard Capsule Market, By End Use, 2021 - 2031 (USD Million)
- Pharmaceuticals
- Health & Nutrition
- Others
- Two-Piece Empty Hard Capsule Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Two-Piece Empty Hard Capsule Market, By Raw Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Capsugel (Now Lonza Capsules)
- Qualicaps
- ACG Worldwide
- CapsCanada Corporation
- Suheung Co., Ltd.
- Sunil Healthcare Limited
- Farmacapsulas S.A.
- Company Profiles
- Analyst Views
- Future Outlook of the Market