The global market for Hydroxypropyl Methylcellulose (HPMC) capsules is on the rise, with significant growth observed in recent years. As of 2023, the market reached a size of USD 607.38 million. According to MarketsGlob, this market is projected to expand further, reaching USD 1083.24 million by 2031. This growth reflects a strong Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2031.
Key Players Driving Innovation
Several key players are shaping the HPMC capsules market with their innovative approaches and strategic expansions. These companies include:
- Capsugel (Lonza)
- ACG Associated Capsules
- Qualicaps
- Shanxi GS Capsule
- CapsCanada
- Suheung Capsule
- Qingdao Capsule
- Lefan Capsule
- Sunil Healthcare
- Bright Pharma Caps Inc.
- Natural Capsules Limited
- HealthCaps India Ltd.
- Roxlor LLC
- Medi-Caps Ltd.
- Pharmax Pharmaceuticals FZE
- Zhejiang Yuexi Capsule Co. Ltd.
- BioCaps Enterprise
- Bright Caps GmbH
- Excellent Health Products Co. Ltd.
- Farmacapsulas S.A.
- Shanghai Honest Chem Co. Ltd.
- Shaoxing Kangke Capsule Co. Ltd.
- Wuhan Carma Technology Co. Ltd.
- Others
Check out in Detail: https://marketsglob.com/report/hpmc-capsules-market/827/
These companies are not only leading the market but also driving changes that are setting new industry standards.
Market Segmentation
The HPMC capsules market is segmented based on types, applications, sales channels, and geographical regions:
- Types: HPMC with Gelling Agent, HPMC without Gelling Agent
- Applications: Pharmaceutical, Health Supplements, Others
- Sales Channels: Direct Channel, Distribution Channel
- Regions: North America, Europe, Asia-Pacific, South America, Middle East and Africa
Strategic Movements Highlight Market Growth
The market has seen several strategic acquisitions and investments that have significantly influenced its growth. Notable transactions include:
- August 9, 2021: Advent International acquired a majority stake in Shanxi GS Capsule, strengthening its position in China.
- November 23, 2021: ACG invested INR 600 crore to establish Asia’s largest capsule manufacturing unit in Aurangabad, India.
- July 10, 2023: ACG expanded its packaging solutions by acquiring Technical Aluminum Foil Company (TAFC) in the UAE.
- October 23, 2023: Roquette acquired Qualicaps, boosting its position in the pharmaceutical market.
Check out in Detail: https://marketsglob.com/report/hpmc-capsules-market/827/
Market Insights on Hydroxypropyl Methylcellulose (HPMC) capsules
The Hydroxypropyl Methylcellulose (HPMC) capsules Market is also set for significant growth from 2023 to 2031. This growth is driven by rising demand for various types of Hydroxypropyl Methylcellulose (HPMC) capsules, including HPMC with Gelling Agent, HPMC without Gelling Agent. These products are widely used in Pharmaceutical, Health Supplements, Other applications and are sold through both direct and distribution channels.
The comprehensive market report provides essential insights, covering costs, trends, market segments, and regional opportunities. It also highlights key players, helping businesses understand the competitive landscape.
Future Outlook
The global HPMC capsules market is set to grow substantially, driven by ongoing innovations, strategic acquisitions, and increasing applications in the pharmaceutical and health supplement industries. With the market expected to reach USD 1083.24 million by 2031, the future looks promising for stakeholders in this dynamic industry.
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