According to a recent survey conducted by ChemView Consulting, the Global Capsule Filling Machines Market grew at a CAGR of 4.4% between 2017-2021 and is estimated to be US$ 513.7 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.6% and is expected to reach a valuation of US$ 885.8 Mn by 2032 end.
Capsule filling machines are used in various industries such as food and beverages, chemicals, animal feed and pharmaceuticals. They are mainly used to make capsules of various sizes. Over 1600 capsule filling machines are currently installed in different parts of the world for different capsules. Capsule filling machines, also known as encapsulation machines, are used for pharmaceutical and industrial purposes where large-scale production of capsules is required. They are highly efficient in filling empty hard and soft gelatin capsules with liquids, semi-solids, granules or powders enriched with either active ingredient mixtures or active pharmaceutical ingredients and excipients.
There are three types of capsule filling machines: manual filling machines, semi-automatic filling machines and automatic filling machines. Automatic capsule filling machines are more popular than the other two because of their ability to quickly mass produce nutritional supplements and other tablets.
Based on regional analysis, the Asia-Pacific market is anticipated to register a strong CAGR in sales during the forecast period. Growth is expected to accelerate due to the increasing prevalence of cardiovascular disease in this region. On the other hand, North America is expected to hold a large global market share for capsule filling machines during the forecast period. Increased adoption of state-of-the-art capsule filling machines and rapid research and development activities are expected to spur growth in the region. In Europe, the presence of a sophisticated industrial infrastructure with a large number of factories should support growth.
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A list of some of the key suppliers present in the market are:
- Harro Höfliger Verpackungsmaschinen GmbH
- Sainty Co.
- ACG Pam Pharma Technologies Private Limited
- Robert Bosch GmbH
- Shanghai Develop Machinery Co. Limited
- Shanghai Jiuwu Pharmtech Machinery Co., Ltd.
- Shanghai TIWIN Industry Co., Ltd.
- Wenzhou Ouya Machinery Co., Ltd.
- Zhuhai Ting Kai Trading Co. Ltd.
- Shanghai Pharmaceutical Machinery Co. Ltd.
Report Coverage and Highlights
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
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