Hard Cellulose Capsules Market: Introduction
• Hard cellulose capsules are one two capsule types; the other being gelatin capsules. Cellulose capsules are also called vegetarian capsules, as they are made from the fibers of plants. Like gelatin, the resulting capsules are tasteless, odourless, and colourless. These capsules offer the advantage of being vegetarian and kosher-friendly. A major issue with a gelatin capsule is the limitation of not being able to hold a certain type of drugs.
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• Vegetarian capsule stands out in terms of stability as it possesses lower moisture content, lower hygroscopicity, and higher stability in different ranges of temperature as well as humidity, as compared to a gelatin capsule. In terms of solubility, both types of capsules dissolve well at human body temperature (37 °C).
Key Drivers, Restraints, and Opportunities of Global Hard Cellulose Capsules Market
• Hard cellulose capsule is better suited for certain supplements such as liquids and hydro sensitive supplements, as compared to gelatin capsules. Furthermore, cellulose is a type of fiber and it is plant-based, which is beneficial for digestion and blocking the absorption of cholesterol. These are the major factors that drive the global hard cellulose capsules shells market.
• Hard cellulose capsules shells are more expensive than gelatin capsules shells. Furthermore, cellulose capsules shells take a little longer to digest than gelatin capsules, which is a key factor that restrains the global hard cellulose capsules shells market.
• Technological development in capsule shell manufacturing process is likely to prove helpful in further growth and create new opportunities for the global hard cellulose capsules shells market. Global increase in vegan population is estimated to further propel the global hard cellulose capsules shells market.
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North America to Capture Major Share of Global Hard Cellulose Capsules Market
• Preferences for taking drug dosage from capsules, as compared to tablets, and government initiatives to improve healthcare of citizens are attributed to the major share held by North America in the global hard cellulose capsules shells market.
• The market in Asia Pacific is projected to expand at a significant pace in the global hard cellulose capsules shells market during the forecast period. The region is home to a prominent pharmaceuticals industry in countries such as India and China, which has been fueling the hard cellulose capsules shells market in the region. Moreover, the preference for vegetarian capsules is also the prudential choice among the people in several countries such as India due to the cultural beliefs in a majority of the population.
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Key Players Operating in Global Hard Cellulose Capsules Market
The global hard cellulose capsules shells market is highly consolidated with the presence of key players. A large number of manufacturers hold a major share in their respective regions. Major players operating in the global hard cellulose capsules market include:
• NATURAL CAPSULES LIMITED
• CapsCanada
• Capsugel
• Hunan ER-KANG Pharmaceutical Co., Ltd
• Shanxi Guangsheng Medicinal Capsule Co., Ltd
• Suheung Co., Ltd
• ACG
• Qualicaps (Mitsubishi Chemical Holdings)
• Farmacapsulas S.A.