HOME Research Insight Capsugel and ACG Worldwide Lead the Empty Capsules Market

Capsugel and ACG Worldwide Lead the Empty Capsules Market

Major players in the empty capsules market consider new product launches, expansions, and collaborations as their key strategy to expand their shares in the market.

The empty capsules market is consolidated at the top, wherein the top 10 players accounted for approximately 70%-75% of the market share in 2013. Majority of the leading players in the market are based in North America and Asia-Pacific.

Capsugel (U.S.) and ACG Worldwide (India) are the leading players of the empty capsules market, accounting for a collective share of around 50%-55% in 2013. Capsugel has a diversified product portfolio which includes a wide range of capsules such as empty hard gelatin and nongelatin-based capsules. The company has a strong geographical presence with business operations in several geographies across the globe, including Asia-Pacific, Europe, North America, Central America, and Latin America. Its leading position in 2013 was attributed to its strong geographical presence, broad product portfolio, core technological expertise in empty capsule manufacturing, and various development strategies adopted, such as new product launches, acquisitions, and expansions. In addition, ACG Worldwide has a strong brand equity and empty hard gelatin capsule product portfolio, with geographical presence in over 100 countries such as the U.S., the U.K., China, and Brazil. The company’s leading position in the empty capsules market is mainly attributed to the development of innovative technology platforms for the empty hard gelatin capsules segment. The company focuses on expansions of its facilities globally to increase its production capacity and its customer base in the hard gelatin capsules market. For instance, in August 2013, ACG Worldwide opened a new manufacturing facility in Brazil to increase its customer base in the empty capsules market.

The key strategies adopted by players in the global empty capsules market are new product launches, acquisitions, agreements and collaborations, and expansions. Apart from Capsugel (U.S.) and ACG Worldwide (India), some other leading players in this market are CapsCanada Corporation (Canada), Qualicaps, Inc. (U.S.), Suheung Co., Ltd. (Korea), Medi-Caps Ltd. (India), Roxlor LLC (U.S.), Sunil Healthcare Ltd. (India), Snail Pharma Industry Co., Ltd. (China), and Bright Pharma Caps, Inc. (U.S.).

Related Reports:

Empty Capsules Market by Product (Hard gelatin, Non-gelatin capsules), Raw Material (Pig meat, Bovine, HPMC), Therapeutic Application (Antibiotics, Vitamins) & by End User (Pharmaceutical, Health Supplements) - Global Forecast to 2019

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