Liquid-Filled Hard Capsules Market: By Type, By Route of Administration, By Application, By Distribution Channel, and Geography and Region Forecast 2019-2030

Liquid-Filled Hard Capsules Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Large Capsules, Medium Capsules, Small Capsules), By Route of Administration (Oral, Nasal, Vaginal, Rectal, Others), By Application (Drugs, Vitamins and Minerals, Amino Acids, Peptides and Proteins, Lipids, Others), By Distribution Channel (Hospital Pharmacies, Retail Stores, Drug Stores, Online Pharmacies, Others), and Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) and Region Forecast 2019-2030

Liquid-Filled Hard Capsules Market size was valued at US$ 1,374.3 million in 2023 and is expected to grow at a 7.5% CAGR from 2024 to 2030. Liquid-filled hard capsules (LFHCs) are typically composed of a shell of gelatin or hydroxypropyl methylcellulose (HPMC) and filled with compatible liquids or compositions. Increasing Demand for Oral Drug Delivery Systems, Expanding Pharmaceutical Industry, Technological Advancements, and Product Innovations are expected to drive the growth of the market. The rise in demand for convenient and patient-friendly drug delivery methods has been a significant driver for the growth of the market. These capsules offer advantages such as precise dosing, ease of administration, and improved bioavailability, particularly for drugs with poor solubility or stability issues.

Moreover, the pharmaceutical industry's continuous growth, driven by factors such as population aging, increasing prevalence of chronic diseases, and advancements in drug development, has fuelled the demand for innovative dosage forms like liquid-filled hard capsules. Pharmaceutical companies are increasingly adopting these capsules for both new drug formulations and reformulations of existing drugs to enhance their efficacy and patient compliance.  However, the stringent regulations imposed by health authorities regarding the approval and manufacturing process of liquid-filled hard capsules can significantly restrain the market growth. Compliance with safety, efficacy, and quality standards adds complexity and cost to the development and production phases.

Moreover, certain technical challenges related to formulation as well as the availability of alternative dosage forms can further hinder the growth of the market. Ongoing advancements in capsule manufacturing technologies, including improvements in capsule shell materials, filling processes, and sealing techniques, have led to the development of more sophisticated and versatile liquid-filled hard capsules. These innovations have expanded the applicability of liquid-filled capsules across a wide range of therapeutic areas and formulations, driving market growth through enhanced performance and functionality.

 Liquid-Filled Hard Capsules Market Key Developments

  • In March 2024, CapsuGen, a leading provider of pharmaceutical encapsulation solutions, introduced a groundbreaking line of liquid-filled hard capsules. These capsules boast enhanced stability, bioavailability, and customizable release profiles, addressing the evolving needs of drug developers for advanced delivery systems.
  • July 2023 witnessed the unveiling of LiquidPure by PharmaCaps, a novel series of liquid-filled hard capsules designed for nutraceutical and dietary supplement applications. This innovative range offers improved formulation flexibility and bioactive ingredient protection, catering to consumer demands for effective and convenient health solutions.
  • In September 2023, Gelco Pharmaceuticals forged a strategic distribution partnership with CapsuTech, granting exclusive rights to distribute its liquid-filled hard capsules in key global markets. This agreement strengthens Gelco's market presence and accelerates CapsuTech's expansion initiatives, fostering broader accessibility to advanced encapsulation technologies.

Liquid-Filled Hard Capsules Market Summary

Study Period

2024– 2030

Base Year

2023

CAGR

7.5%

Largest Market

North America

Fastest Growing Market

Asia pacific

Liquid-Filled Hard Capsules Market Dynamics

There has been a rising preference for oral dosage forms over the years. In addition, oral dosage forms offer convenience, ease of administration, and patient compliance, which have made them increasingly popular among consumers and healthcare professionals. Moreover, the expanding nutraceutical industry is the main factor fuelling the rising preference for oral dosage forms, particularly liquid-filled hard capsules. Hence, such factors are positively impacting the market. Moreover, the use of encapsulated lipophilic and hydrophilic drugs is growing, steering revenue growth of the market. Gelatin capsules are witnessing massive acceptance, underpinning vast revenue scope. Of note, gelatin capsules developed from bovine, porcine, and marine sources have gained increased commercialization, thus enriching the outlook of the liquid-filled hard capsules market.

Liquid-Filled Hard Capsules Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024– 2030

Market Size in 2023

US$ 1,374.3 million

Market CAGR

7.5%

By Type

  • Large Capsules
  • Medium Capsules
  • Small Capsules

By Route of Administration

  • Oral
  • Nasal
  • Vaginal
  • Rectal
  • Others

By Application

  • Drugs
  • Vitamins and Minerals
  • Amino Acids
  • Peptides and Proteins
  • Lipids
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Stores
  • Drug Stores
  • Online Pharmacies
  • Others

Key Features of the Report

  • The liquid-filled hard capsules market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market.

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Frequently Asked Questions

The liquid-filled hard capsules market size was valued at US$ 1,374.3 million in 2023 and is set to grow at a significant CAGR of 7.5% from 2024-2030.

Healthcaps India Ltd., Lefancaps LTD., Lonza Group Ltd., Mitsubishi Chemical Group Corp., Nectar Lifesciences Ltd., PLX Pharma Inc., Sirio Pharma Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major players operating in the market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period.

North America accounts for the largest market share and is expected to be the primary market driver in the market

The stringent regulations imposed by health authorities regarding the approval and manufacturing process of are expected to limit the growth of the market.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Liquid-Filled Hard Capsules Market Introduction 
2.1.Global Liquid-Filled Hard Capsules Market  - Taxonomy
2.2.Global Liquid-Filled Hard Capsules Market  - Definitions
2.2.1. Type 
2.2.2.Route of Administration
2.2.3.Application
2.2.4.Distribution Channel
2.2.5.Region
3. Global Liquid-Filled Hard Capsules Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Liquid-Filled Hard Capsules Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Liquid-Filled Hard Capsules Market  By  Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Large Capsules
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Medium Capsules
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Small Capsules
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Liquid-Filled Hard Capsules Market  By Route of Administration, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Oral
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Nasal
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Vaginal
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Rectal
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global Liquid-Filled Hard Capsules Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Drugs
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Vitamins and Minerals
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Amino Acids
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Peptides and Proteins
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Lipids
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8. Global Liquid-Filled Hard Capsules Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Hospital Pharmacies
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Retail Stores
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Drug Stores
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Online Pharmacies
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Others
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. Global Liquid-Filled Hard Capsules Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Liquid-Filled Hard Capsules Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Large Capsules
10.1.2.Medium Capsules
10.1.3.Small Capsules
10.2.  Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Oral
10.2.2.Nasal
10.2.3.Vaginal
10.2.4.Rectal
10.2.5.Others
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Drugs
10.3.2.Vitamins and Minerals
10.3.3.Amino Acids
10.3.4.Peptides and Proteins
10.3.5.Lipids
10.3.6.Others
10.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Hospital Pharmacies
10.4.2.Retail Stores
10.4.3.Drug Stores
10.4.4.Online Pharmacies
10.4.5.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Liquid-Filled Hard Capsules Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Large Capsules
11.1.2.Medium Capsules
11.1.3.Small Capsules
11.2.  Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Oral
11.2.2.Nasal
11.2.3.Vaginal
11.2.4.Rectal
11.2.5.Others
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Drugs
11.3.2.Vitamins and Minerals
11.3.3.Amino Acids
11.3.4.Peptides and Proteins
11.3.5.Lipids
11.3.6.Others
11.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Hospital Pharmacies
11.4.2.Retail Stores
11.4.3.Drug Stores
11.4.4.Online Pharmacies
11.4.5.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Liquid-Filled Hard Capsules Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Large Capsules
12.1.2.Medium Capsules
12.1.3.Small Capsules
12.2.  Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Oral
12.2.2.Nasal
12.2.3.Vaginal
12.2.4.Rectal
12.2.5.Others
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Drugs
12.3.2.Vitamins and Minerals
12.3.3.Amino Acids
12.3.4.Peptides and Proteins
12.3.5.Lipids
12.3.6.Others
12.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Hospital Pharmacies
12.4.2.Retail Stores
12.4.3.Drug Stores
12.4.4.Online Pharmacies
12.4.5.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Liquid-Filled Hard Capsules Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1.  Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Large Capsules
13.1.2.Medium Capsules
13.1.3.Small Capsules
13.2.  Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Oral
13.2.2.Nasal
13.2.3.Vaginal
13.2.4.Rectal
13.2.5.Others
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Drugs
13.3.2.Vitamins and Minerals
13.3.3.Amino Acids
13.3.4.Peptides and Proteins
13.3.5.Lipids
13.3.6.Others
13.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Hospital Pharmacies
13.4.2.Retail Stores
13.4.3.Drug Stores
13.4.4.Online Pharmacies
13.4.5.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Liquid-Filled Hard Capsules Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1.  Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Large Capsules
14.1.2.Medium Capsules
14.1.3.Small Capsules
14.2.  Route of Administration Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Oral
14.2.2.Nasal
14.2.3.Vaginal
14.2.4.Rectal
14.2.5.Others
14.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Drugs
14.3.2.Vitamins and Minerals
14.3.3.Amino Acids
14.3.4.Peptides and Proteins
14.3.5.Lipids
14.3.6.Others
14.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Hospital Pharmacies
14.4.2.Retail Stores
14.4.3.Drug Stores
14.4.4.Online Pharmacies
14.4.5.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Ajix Inc.
15.2.2.Bright Pharma Caps Inc.
15.2.3.Catalent Inc.
15.2.4.Farmacapsulas S.A.
15.2.5.Fermentis Life Sciences Pvt. Ltd.
15.2.6.Fine USA Trading Inc.
15.2.7.Healthcaps India Ltd.
15.2.8.Lefancaps LTD.
15.2.9.Lonza Group Ltd.
15.2.10.Mitsubishi Chemical Group Corp.
15.2.11.Nectar Lifesciences Ltd.
15.2.12.PLX Pharma Inc.
15.2.13.Sirio Pharma Co. Ltd.
15.2.14.Thermo Fisher Scientific Inc.
15.2.15.Zeon Lifesciences Ltd.
15.2.16.Vantage Nutrition
15.2.17.INNERCAP Technologies Inc.
15.2.18.Liquidcapsule Manufacturing LLC
15.2.19.SuHeung
15.2.20.Altasciences
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Ajix Inc.
  • Bright Pharma Caps Inc.
  • Catalent Inc.
  • Farmacapsulas S.A.
  • Fermentis Life Sciences Pvt. Ltd.
  • Fine USA Trading Inc.
  • Healthcaps India Ltd.
  • Lefancaps LTD.
  • Lonza Group Ltd.
  • Mitsubishi Chemical Group Corp.
  • Nectar Lifesciences Ltd.
  • PLX Pharma Inc.
  • Sirio Pharma Co. Ltd.
  • Thermo Fisher Scientific Inc.
  • Zeon Lifesciences Ltd.
  • Vantage Nutrition
  • INNERCAP Technologies Inc.
  • Liquidcapsule Manufacturing LLC
  • SuHeung
  • Altasciences

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