Automatic Liquid Capsule Filling Machines to Generate Greater Returns to Shareholders
Considering the need for continuous output, end users prefer automatic liquid capsule filling machines. These automatic machines offer liquid filling in capsules with greater accuracy and faster speed. This FMI study underlines that, around 9 out of 10 liquid capsule filling machines utilized across several end-use industries are automatic. However, R&D labs and small-scale pharma manufacturers are yet to incorporate them due to cost constraints.
Developed Regions Continue to Engage Market Players
Harboring prominent manufacturers and advanced R&D labs in pharmaceuticals and biologics, the liquid capsule filling machines markets in North America and Europe would maintain their hegemony in the global scenario. Together, both these regions procure over half of overall market stack. Further, driven by the rapid adoption of automation technology in order to enhance industrial efficiency, manufacturers continue to allocate their resources to North America and Europe. Market players are focusing on strategic convening and capacity expansion for strengthening their business foothold.
Consumption of Vegetarian Capsules to Shape Future Outlook
Market players are placing their investments on vegetarian capsules, owing to their resistance against manufacture-related issues and cross-linking. Moreover, vegetarian capsules exhibit features such as low moisture content, lower hygroscopicity, and high stability in extreme temperatures and humidity.
On the other hand, consumers are increasingly shifting towards vegetarian capsules, as they are toxin-free and completely organic, as well as easily align with religious and health restrictions. Influenced by the growing prevalence of nutraceuticals in natural ingredients, liquid capsule filling machine manufacturers must thus capitalize on this opportunity to maintain their business footprint.
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How Growth will Unfold
Capturing over 80% share of total market value, drug manufacturers would be the primary customers of liquid capsule filling machines. While leading pharma manufacturers incorporate in-house filling stations, mid-sized pharma manufacturers outsource their filling requirements to contract manufacturers. Further, drug manufacturers prefer high output capacity liquid capsule filling machines, owing to need for high output. However, output requirement in R&D labs is relatively low, and, as such, they bank on low capacity liquid capsule filling machines.
FREQUENTLY ASKED QUESTIONS ABOUT LIQUID CAPSULE FILLING MACHINES MARKET
What are the future prospects for the global liquid capsule filling machines market?
The liquid capsule filling machines market is anticipated to witness a steady growth rate, creating an incremental opportunity of US$ 51.5 Mn over 2020 to 2030.
What are the key factors shaping the dynamics of the liquid capsule filling machines market?
The demand for capsules has witnessed a sharp increase, as the consumption of health supplements and nutraceuticals is on the rise. These supplements are usually in the form of capsules, and many of them are in the form of liquid capsules, which are easy to swallow. Significant increase in healthcare spending is expected to drive the growth of the global liquid capsule filling machines market in the coming years.
Which end users hold high growth prospects for the manufacturers of liquid capsule filling machines?
Drug manufacturers are estimated to account for a lion’s share in the global liquid capsule filling machines market, and remains the most lucrative segment throughout the forecast period.
Which region is expected to lead in terms of global sales of liquid capsule filling machines?
In terms of market growth, the North America liquid capsule filling machines market is projected to be at the forefront during the forecast period. The U.S. is estimated to account for nearly 33% of the global market, this can be primarily attributed to North America being the largest pharmaceuticals and biologics research hub, which exports pharma products across all geographies.
What is the degree of competition in the liquid capsule filling machines market?
According to FMI analysis, the market seems to be fairly consolidated. Capsugel Inc., Sueheng Co. Ltd., and Syntegon Technology GmbH have been identified as tier-1 players in the global liquid capsule filling machines market. These players are estimated to account for 40-45% of the global market.
Which liquid capsule filling machines will provide the most remunerative growth opportunities in the next five years?
Automatic liquid capsule filling machines are projected to have the most promising growth prospects throughout the forecast period. These machines are widely used by drug manufacturers, as they ensure precise filling in capsules at high speeds. Growth in the consumption of capsules is expected to further fuel the demand for automatic liquid capsule filling machines.
LIQUID CAPSULE FILLING MACHINES MARKET TAXONOMY
The global liquid capsule filling machines market is segmented in detail to cover every aspect of the market and present complete market intelligence to the readers.
- Up to 6,000 C/hr
- 6,001-12,000 C/hr
- 12,001-25,000 C/hr
- 25,001-70,000 C/hr
- 70,001-90,000 C/hr
- Above 90,000 C/hr
- R&D Labs
- Drug Manufacturing
- North America
- Latin America
- South Asia
- East Asia