The global vegetarian capsules market is anticipated to gain growth at a significant CAGR during the forecast period. The increasing acceptance of vegan food is a major element driving the global market for vegetarian capsules. Vegan supplements have become increasingly popular in recent years. People are becoming health conscious, as well as the rapidly increasing number of veggie enthusiasts, are helping to boost market expansion. Vegetarian supplements are often considered to be safe and more grounded than animal-based alternatives. Furthermore, the increase in the growing population is driving the growth of the global vegetarian capsule market.
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One of the major causes is hunger and the unavailability of numerous elements of food to the poor, with diversified components including low purchasing power, obliviousness, and enormous family size, as well as a lack of disinfection, cleanliness, and the inability to assimilate. The intake of defence foods such as vegetables, milk, and organic items is extremely low that results in several nutritional deficiencies.
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The market player also focuses on research and development activities, as well as acquisitions, consolidations, and coordinated efforts, to strengthen their position in the global market. For instance, in August 2019, ACG Capsules (ACGC), a division of ACG Group, a provider of manufacturing solutions for the pharmaceutical industry, introduced a new line of HPMC cases to fulfil a variety of medication and nutraceutical applications. The innovative ACGcaps H+ container does not need a gelling agent, is suitable for hygroscopic and moisture-sensitive plans, and meets customers demands for clean label and vegetarian capsules.
However, the high cost of such capsules may obstruct the vegetarian capsule market. Despite this, vegetarian capsules are easy to swallow, the caps dissolve easily, and less pressure is required to compact the substance, which may provide more potential for the global vegetarian capsules market to grow.
Global Vegetarian Capsules Market – Segmentation
By Product
Starch
HPMC
Polysaccharides
By Application
Health Supplements
For Medicine
Other
By End-User
Pharmaceutical Companies
Cosmetics Companies
Nutraceutical Companies
Others
Global Vegetarian Capsules Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Aenova
Ayanda
Bahrain Pharma
Best Formulations
Captek
Catalent
EuroCaps
Procaps Laboratories
Robinson Pharma
SIRIO
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