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Latin America Empty Capsules Market Research Report – Segmented By Product, Therapeutic Application, End User & Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 400
Pages: 134

Latin America Empty Capsules Market Size (2022 to 2027)

The Empty Capsules Market in Latin America was worth USD 202.48 million in 2022 and is estimated to be growing at a CAGR of 7.6%, to reach USD 292.04 million by 2027.

The Latin American empty capsules market is expected to be driven by the popularity of other drug delivery forms and expanding collaborations between empty capsule providers and gelatine techniques. These capsules come in various dose forms; empty capsules are the most common way to store herbs, powders, and prescriptions. Furthermore, the rise in product acceptance is attributed to the market participants’ increased growth of new advancements in the industry.

The flavors of cardiac therapy drugs are likewise hidden using empty capsules. As a result, the patient will not feel nauseated. As a result, cardiovascular diseases are increasing, as is the demand for cardiac treatment pharmaceuticals, which may help the empty capsule business. 

Furthermore, as the older population in the region develops, so makes the demand for various therapeutic drugs and nutritional supplements to improve health results. Market growth is likely to be aided by rapid advancements in capsule distribution methods and increased consumption of empty capsules.

However, the lower availability of raw materials for product formation is a result of a price increase. Also, due to rising intense competition among market participants and the presence of alternatives, price fluctuations in gelatine material might negatively impact the empty capsules market growth in the Latin American region. Furthermore, other restraining factors such as the pharmaceutical industry’s stringent laws, rapid economic plans, research, and approval make the process lengthier and more time-consuming in terms of ethical issues and limit the market growth expansion.

This research report on the Latin America empty capsules market has been segmented and sub-segmented into the following categories:

By Product:

  • Gelatin Capsules
  • Non-Gelatin Capsules

By Therapeutic Application:

  • 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 Application

By End User:

  • Pharmaceutical Industry
  • Nutraceutical Industry
  • Cosmetics Industry
  • Research Laboratories

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

The Latin American market is expected to hold a substantial proportion of the global market during the forecast period. The regional market growth is projected to be boosted by improving the healthcare sector, increasing investment and funding for research and development activities and government programs and schemes. In addition, the market in Latin America is growing due to emerging technology and inventions. The emerging countries in the region such as Brazil, Argentina, Mexico, and Chile significantly contribute to Latin American regional market growth. In addition, the significant participants in the Latin American market include Capsugel, ACG Worldwide, Sheung Co. Ltd, Qualicaps, Roxler, and Snail Pharma.

Brazil and Argentina are the two Latin American countries with the fastest-growing economies. The Brazilian market led the Latin American Empty capsules market, and it is likely to continue its dominance throughout the forecast period. Well-established healthcare infrastructure, increasing research and development activities, and favorable reimbursement policies are fuelling the market growth. The fact that capsules are all-inclusive also helps to drive the industry forward. The capsule market is now witnessing a significant increase due to its reliance on the nutraceutical and pharmaceutical sectors. Because capsules are the most commonly utilized oral dosage form, the industry is expected to grow rapidly.


A few prominent companies in the Latin America empty capsules market profiled in this 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.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Product Type                                       

                                5.1.1 Gelatin Capsules                   

                                5.1.2 Non Gelatin Capsules                         

                5.2 By Therapeutic Applcation                                   

                                5.2.1 Antibiotic and Antibacterial Drugs                 

                                5.2.2 Vitamins and Dietary Supplements                              

                                5.2.3 Antacid and Antiflatulent Preparations                       

                                5.2.4 Antianemic Preparations                  

                                5.2.5 Anti-Inflammatory Drugs                  

                                5.2.6 Cardiovascular Therapy Drugs                         

                                5.2.7 Cough and Cold Preparations                          

                                5.2.8 Other therapeutic applications                       

                5.3 By End User                                

                                5.3.1 Pharmaceutical Industry                   

                                5.3.2 Nutraceutical Industry                       

                                5.3.3 Cosmetics Industry                              

                                5.3.4 Research Laboratories                       

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 Brazil                             

                                6.3 Mexico                         

                                6.4 Argentina                    

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Capsugel                                      

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Suheung Co Ltd.                                       

                8.3 Acg Worldwide                                         

                8.4 Bright Pharmacaps Inc.                                          

                8.5 Capscanada Corporation                                       

                8.6 Medi-Caps Ltd.                                         

                8.7 Qualicaps                                     

                8.8 Roxlor, LLC                                  

                8.9 Snail Pharma Industry Co., Ltd.                                          

                8.10 Sunil Healthcare Limited                                     

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 


                a) List of Tables                                

                b) List of Figures                                              

  1. Latin America Empty Capsules Market, By Region, From 2022 - 2027 (USD Million)
  2. Latin America Empty Capsules Market, By Product, From 2022 - 2027 (USD Million)
  3. Latin America Gelatin Capsules Market, By Region, From 2022 - 2027 (USD Million)
  4. Latin America Non Gelatin Capsules Market, By Region, From 2022 - 2027 (USD Million)
  5. Latin America Empty Capsules Market, By Therapeutic Application, From 2022 - 2027 (USD Million)
  6. Latin America Antibiotic and Antibacterial Drugs Market, By Region, From 2022 - 2027 (USD Million)
  7. Latin America Vitamins and Dietary Supplements Market, By Region, From 2022 - 2027 (USD Million)
  8. Latin America Antacid and Antiflatulent Preparations Market, By Region, From 2022 - 2027 (USD Million)
  9. Latin America Antianemic Preparations Market, By Region, From 2022 - 2027 (USD Million)
  10. Latin America Anti-Inflammatory Drugs Market, By Region, From 2022 - 2027 (USD Million)
  11. Latin America Cardiovascular Therapy Drugs Market, By Region, From 2022 - 2027 (USD Million)
  12. Latin America Cough and Cold Preparations Market, By Region, From 2022 - 2027 (USD Million)
  13. Latin America Other therapeutic applications Market, By Region, From 2022 - 2027 (USD Million)
  14. Latin America Empty Capsules Market, By End User, From 2022 - 2027 (USD Million)
  15. Latin America Pharmaceutical Industry Market, By Region, From 2022 - 2027 (USD Million)
  16. Latin America Nutraceutical Industry Market, By Region, From 2022 - 2027 (USD Million)
  17. Latin America Cosmetics Industry Market, By Region, From 2022 - 2027 (USD Million)
  18. Latin America Research Laboratories Market, By Region, From 2022 - 2027 (USD Million)
  19. Brazil Empty Capsules Market, By Product, From 2022 - 2027 (USD Million)
  20. Brazil Empty Capsules Market, By Therapeutic Application, From 2022 - 2027 (USD Million)
  21. Brazil Empty Capsules Market, By End User, From 2022 - 2027 (USD Million)
  22. Argentina Empty Capsules Market, By Product, From 2022 - 2027 (USD Million)
  23. Argentina Empty Capsules Market, By Therapeutic Application, From 2022 - 2027 (USD Million)
  24. Argentina Empty Capsules Market, By End User, From 2022 - 2027 (USD Million)
  25. Mexico Empty Capsules Market, By Product, From 2022 - 2027 (USD Million)
  26. Mexico Empty Capsules Market, By Therapeutic Application, From 2022 - 2027 (USD Million)
  27. Mexico Empty Capsules Market, By End User, From 2022 - 2027 (USD Million)

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