The global halal empty capsules market is anticipated to reach USD 1.55 billion by 2029 from USD 1.19 billion in 2024, with a significant CAGR of 5.4%. The increased demand for halal-certified products, particularly in regions of the Middle East, Southeast Asia, and Africa, and the consumer shift toward clean-label and natural products are some of the major factors driving the market growth. Furthermore, the increased availability of halal-certified raw materials for capsule production is likely to propel the market growth in coming years.
The market for halal empty capsules market is consolidated, with key players strategizing to capture the majority of the market. Prominent players in the halal empty capsules market are Lonza (Switzerland), ACG (India), Qualicaps (Roquette Freres) (US), Suheung Co. Ltd. (South Korea), Shanxi Guangsheng Capsule Limited (China), CapsCanada (Lyfe Group) (US), HealthCaps India (India), Nector LifeSciences Ltd. (India), Sunil Healthcare (India), and Natural Capsules Limited (India) among others.
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Capsugel (Lonza) is one of the leaders in halal empty capsules with extensive product range, including vegetarian and gelatin halal empty capsules. The major strengths of the company include strong global presence in several regions and very high halal and global accepted quality. To maintain its leading position in the halal empty capsules market, the company has adopted organic and inorganic growth strategies. For instance, in November 2022, Capsugel launched the Capsugel Enprotect capsule, a coating-free capsule for intestinal drug delivery.
ACG is one of the dominant players in the global halal empty capsule market. The company offers a wide range of halal capsules, including gelatin and non-gelatin types, such as HPMC (hydroxypropyl methylcellulose) capsules. The company has a strong position in around 138 countries worldwide. ACG has a production capacity of producing 140 billion capsules annually. The company strongly focuses on expanding production capacity in order to meet customer demand. As of December 2023, ACG invested around USD 6 billion to set up a greenfield project for cellulose capsule raw material in Aurangabad, Maharashtra, India.
Schenug Co.Ltd is one of the leading players in the global halal empty capsules market. The company operates in the empty capsules market through its Embocaps brand, which specializes in manufacturing hard empty capsules. The has a production capacity of producing 50 billion capsules annually. The company has a geographic presence across various regions globally.
Related Reports:
Halal Empty Capsules Market by Type (Gelatin, Non-gelatin), Application (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry), Competitive Landscape, Region (North America, Europe, APAC, LATAM, Middle East & Africa) - Global Forecast to 2029
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