Middle East & Africa Empty Capsules Market Size & Outlook
MEA empty capsules market highlights
- The MEA empty capsules market generated a revenue of USD 379.0 million in 2023.
- The market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, gelatin was the largest revenue generating type in 2023.
- Gelatin is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 379.0 million |
| Market revenue in 2030 | USD 442.3 million |
| Growth rate | 2.2% (CAGR from 2024 to 2030) |
| Largest segment | Gelatin |
| Fastest growing segment | Gelatin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gelatin |
| Key market players worldwide | Bright Pharma Caps, Lonza Group Ltd, Qualicaps, Healthcaps, ACG World, CapsCanada, Medi-Caps, SUHEUNG |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.9% of the global empty capsules market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,790.0 million by 2030.
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Empty Capsules Market Scope
Empty Capsules Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SUHEUNG | View profile | 501-1000 | Cheongju, Ch'ungch'ong-bukto, South Korea, Asia | http://www.suheung.com |
| Medi-Caps | View profile | 101-250 | Indore, Madhya Pradesh, India, Asia | https://medicaps.com/ |
| CapsCanada | View profile | 101-250 | Windsor, Ontario, Canada, North America | https://www.capscanada.com |
| Healthcaps | View profile | 251-500 | Ludhiana, Punjab, India, Asia | https://www.healthcapsindia.com |
| Qualicaps | View profile | 1001-5000 | Whitsett, North Carolina, United States, North America | http://qualicaps.com/ |
| Bright Pharma Caps | View profile | 11-50 | Hood River, Oregon, United States, North America | http://www.brightpharmacaps.com |
| ACG World | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://www.acg-world.com/ |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
Middle East & Africa empty capsules market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to empty capsules market will help companies and investors design strategic landscapes.
Gelatin was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa empty capsules market based on gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of empty capsules market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa empty capsules market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa empty capsules market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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