Halal Empty Capsules Top Companies and Market Size Analysis
The global halal empty capsules market size is projected to surpass around USD 67.61 billion by 2033 from USD 19.38 billion in 2023, expanding at a solid CAGR of 13.31% between 2023 and 2033. The top companies in halal empty capsules market are Capsugel (Lonza), ACG, Qualicaps (Roquette Freres), Suheung Co. Ltd., Shanxi Guangsheng Capsule Limited, HealthCaps India, Nector LifeSciences Ltd., Sunil Healthcare, Natural Capsules Limited, and Others.
Market Report Coverage
| Report Attribute |
Key Statistics |
| Market Revenue in 2024 |
USD 1.28 Billion |
| Market Revenue by 2033 |
USD 2.05 Billion |
| CAGR |
5.43% from 2024 to 2033 |
| Quantitative Units |
Revenue in USD million/billion, Volume in units |
| Largest Market |
North America |
| Base Year |
2023 |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Halal Empty Capsules Market Lead Manufacturers
- Capsugel (Lonza)
- ACG
- Qualicaps (Roquette Freres)
- Suheung Co. Ltd.
- Shanxi Guangsheng Capsule Limited:
- HealthCaps India:
- Nector LifeSciences Ltd.
- Sunil Healthcare
- Natural Capsules Limited
Latest Announcements by Industry Leaders
- In May 2024, Sun Pharma announced its Q2 FY25 results, with revenue growth anticipated to be driven by domestic business and higher specialty sales in the U.S. Gross margins may enhance sequentially, though EBITDA margins could decline due to increased R&D spending.
- In October 2023, Roquette announced the completion of its acquisition of Qualicaps, producers of hard capsules and pharmaceutical-related equipment, from the Mitsubishi Chemical Group.
Recent Developments
- In February 2024, CJ Foods, a business unit of South Korea-based CheilJedang, introduced the first halal bibigo Mandu products. The company plans to introduce the taste of Korean Mandu, which holds the largest market share in Korea, the U.S., and Vietnam, to Malaysian consumers.
- In February 2023, Vivion Inc. launched a new line of empty capsules. The new range of two-piece capsules is ideal for multiple applications and features empty gelatin, HPMC, and pullulan capsules.
- In May 2022, Lonza launched a new titanium oxide-free capsule after titanium oxide used as a food additive was banned in the European Union. The new capsules are hard gelatine capsules convenient for European end users looking to navigate the ban.
We have prepared a service to support you. please feel free to contact us at sales@precedenceresearch.com | +1 804 441 9344
