ハラール対応空カプセル市場 – 2029年までの世界予測

Halal Empty Capsules Market - Global Forecast to 2029

ハラール対応空カプセル市場 - タイプ (ゼラチン、非ゼラチン)、用途 (製薬業界、栄養補助食品業界、化粧品業界)、競争環境、地域 (北米、ヨーロッパ、APAC、中南米、中東、アフリカ) - 2029年までの世界予測
Halal Empty Capsules Market by Type (Gelatin, Non-gelatin), Application (Pharmaceutical Industry, Nutraceutical Industry, Cosmetic Industry), Competitive Landscape, Region (North America, Europe, APAC, LATAM, Middle East & Africa) - Global Forecast to 2029

商品番号 : SMB-67422

出版社MarketsandMarkets
出版年月2024年10月
ページ数155
図表数163
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global halal empty capsules market is projected to surpass USD 1.55 billion in 2029 from USD 1.19 billion in 2024, with a significant CAGR of 5.4%.

世界のハラール対応の空カプセル市場は、5.4%という大幅なCAGRで、2024年の11.9億米ドルから2029年には15.5億米ドルを超えると予測されています。

Increased demand for halal certified products among the end users for pharmaceutical and nutraceutical applications is giving momentum to the market growth. Furthermore, increased investment by key market players in producing halal empty capsules to meet the needs of both local and international markets is further projecting the market growth.

ハラール空カプセル市場 - 2029年までの世界予測
halal-empty-capsules-market-Overview

“The gelatin halal empty capsules segment accounted for the largest share in 2023.”

On the basis of type, the halal empty capsules market is further segmented into gelatin and non-gelatin. The gelatin segment dominated the market in 2023, owing to affordability, diversified use and ease of production. Non-gelatin segment is anticipated to grow at significant CAGR due to growing demand for vegetarian and vegan product, availability of halal-certified non-gelatin capsules and favourable regulatory support for non-gelatin capsules.

“By end user, pharmaceutical industry segment accounted for the largest share in the halal empty capsules market.”

The end user segment in the halal empty capsules market is segmented into pharmaceutical industry, Nutraceutical Industry and other end users. The pharmaceutical industry dominated the segment owing to shift of pharmaceutical manufacturers towards halal-certified capsules production to capture a regions/ customer across the globe. Nutraceutical Industry is likely to rapidly due to various factors such as rise in demand for halal-certified supplements and dietary requirements. Furthermore, non-gelatin capsules made from materials such as hydroxypropyl methylcellulose (HPMC) and pullulan are gaining popularity, as they offer suitable alternatives for vegetarians and vegans this is one of the major element likely to upsurge the market growth.

“North America: the largest share of the halal empty capsules market”

By region, the market is segment into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the halal empty capsules market in 2023 and likely continue dominance during the forecast period. Presence of dominant market players in pharmaceutical and nutraceutical companies in the region, strong base of halal empty capsules manufacturers such as Capsugel (Lonza), Qualicaps, and ACG are some of the prominent factors acerating market growth.

ハラール空カプセル市場 - 2029年までの世界予測 region
halal-empty-capsules-market-Region

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the halal empty capsules market.

The primary interviews conducted for this report can be categorized as follows:

  • By Respondent: Supply Side- 65% and Demand Side 35%
  • By Designation: Managers – 45%, CXO & Directors – 30%, and Executives – 25%
  • By Region: North America -40%, Europe -25%, Asia-Pacific -25%, Latin America -5% and Middle East & Africa- 5%

Lonza (Switzerland), ACG (India), Qualicaps (Roquette Freres) (US), Suheung Co. Ltd. (South Korea), Shanxi Guangsheng Capsule Limited (China), CapsCanada (Lyfe Group) (US), HealthCaps India (India), Nector LifeSciences Ltd. (India), Erawat Pharma Limited (India), Qingdao Yiqing Biotechnology Co. Ltd. (China), Fortcaps Healthcare Ltd. (India), Sunil Healthcare (India), and Natural Capsules Limited (India) and SaviourCaps (India) are some of the major players operating in the halal empty capsules market.

ハラール空カプセル市場 - 2029年までの世界予測 ecosystem
halal-empty-capsules-market-Ecosystem

Research Coverage:

This research report categorizes the halal empty capsuless market type (gelatin and non-gelatin), End User (pharmaceutical industry, Nutraceutical Industry and other end users) and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the halal empty capsuless market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, solutions, key strategies, collaborations, partnerships, and agreements. New launches, collaborations and acquisitions, and recent developments associated with the halal empty capsules market.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the halal empty capsules and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market’s pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers (increased demand for halal-certified products in pharmaceutical & nutraceutical industry, customer shift towards clean labels & ethical products), restraints (limited availability of halal-certified raw materials), opportunities (rising demand for non-gelatin/vegetarian capsule) and Challenges (stringent and varying halal certification requirements) influencing the growth of the market.
  • Product Development/Innovation: Detailed insights on upcoming technologies in capsules manufacturing, research and development activities, and new product launches in the halal empty capsules market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the halal empty capsules market
  • Competitive Assessment: Lonza (Switzerland), ACG (India), Qualicaps (Roquette Freres) (US), Suheung Co. Ltd. (South Korea), among others in the market.

Table of Contents

1            INTRODUCTION            16

1.1         STUDY OBJECTIVES      16

1.2         MARKET DEFINITION   16

1.3         MARKET SCOPE             17

1.3.1      MARKETS COVERED     17

1.3.2      INCLUSIONS & EXCLUSIONS     17

1.3.3      YEARS CONSIDERED     18

1.4         CURRENCY CONSIDERED          18

1.5         STAKEHOLDERS            18

2            RESEARCH METHODOLOGY     19

2.1         RESEARCH DATA           19

2.1.1      SECONDARY DATA       19

2.1.2      PRIMARY DATA 20

2.2         MARKET SIZE ESTIMATION OF HALAL EMPTY CAPSULES           21

2.2.1      INSIGHTS FROM PRIMARIES      24

2.2.2      TOP-DOWN APPROACH             25

2.3         MARKET GROWTH RATE PROJECTIONS             26

2.4         DATA TRIANGULATION             28

2.5         RESEARCH ASSUMPTIONS         29

2.6         RESEARCH LIMITATIONS           30

2.7         RISK ANALYSIS 30

3            EXECUTIVE SUMMARY 31

4            PREMIUM INSIGHTS      34

4.1         HALAL EMPTY CAPSULES MARKET OVERVIEW 34

4.2         NORTH AMERICA: HALAL EMPTY CAPSULES MARKET SHARE,

BY TYPE & COUNTRY (2023)      35

4.3         HALAL EMPTY CAPSULES MARKET SHARE, BY TYPE, 2023          35

4.4         HALAL EMPTY CAPSULES MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES           36

5            MARKET OVERVIEW     37

5.1         INTRODUCTION            37

5.2         MARKET DYNAMICS     37

5.2.1      DRIVERS            38

5.2.1.1   Increasing demand for halal-certified products in pharmaceutical & nutraceutical industries             38

5.2.1.2   Consumer shift toward clean labels and ethical products            38

5.2.2      RESTRAINTS     38

5.2.2.1   Limited availability of halal-certified raw materials      38

5.2.3      OPPORTUNITIES           39

5.2.3.1   Rising demand for non-gelatin/vegetarian capsules     39

5.2.4      CHALLENGES   39

5.2.4.1   Stringent and varying halal certification requirements 39

5.3         ECOSYSTEM ANALYSIS 40

5.3.1      RAW MATERIAL SUPPLIERS       40

5.3.2      HALAL EMPTY CAPSULE MANUFACTURERS      41

5.3.3      REGULATORY BODIES AND CERTIFICATION BODIES    41

5.3.4      END USERS       42

5.4         VALUE CHAIN ANALYSIS            42

5.5         SUPPLY CHAIN ANALYSIS          44

5.6         PORTER’S FIVE FORCES ANALYSIS         45

5.6.1      INTENSITY OF COMPETITIVE RIVALRY 46

5.6.2      BARGAINING POWER OF SUPPLIERS     46

5.6.3      BARGAINING POWER OF BUYERS           47

5.6.4      THREAT OF SUBSTITUTES         47

5.6.5      THREAT OF NEW ENTRANTS    47

5.7         KEY STAKEHOLDERS AND BUYING CRITERIA    47

5.7.1      KEY STAKEHOLDERS    47

5.7.2      BUYING CRITERIA         49

5.8         PRICING ANALYSIS        50

5.8.1      AVERAGE SELLING PRICE TREND, BY TYPE       50

5.8.2      AVERAGE SELLING PRICE, BY REGION  51

5.9         REGULATORY LANDSCAPE       51

5.9.1      REGULATORY ANALYSIS            51

5.9.1.1   North America     51

5.9.1.2   Europe  52

5.9.1.3   Asia Pacific          52

5.9.1.4   Latin America      52

5.9.1.5   Middle East & Africa          52

5.9.2      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 52

5.10       TECHNOLOGY ANALYSIS           55

5.10.1    KEY TECHNOLOGIES    55

5.10.1.1 Automated capsule manufacturing   55

5.10.1.2 Advanced coating technologies        55

5.10.2    ADJACENT TECHNOLOGIES      55

5.10.2.1 3D printing (additive technology)   55

5.10.2.2 Enteric capsule technologies            56

5.10.3    COMPLEMENTARY TECHNOLOGIES     56

5.10.3.1 Nanotechnology  56

5.10.3.2 AI in capsule manufacturing            56

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     57

5.12       TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 58

5.13       IMPACT OF ARTIFICIAL INTELLIGENCE ON HALAL EMPTY CAPSULES MARKET            59

6            HALAL EMPTY CAPSULES MARKET, BY TYPE     60

6.1         INTRODUCTION            61

6.2         GELATIN HALAL EMPTY CAPSULES       61

6.2.1      DEMAND FOR HALAL GELATIN CAPSULES TO SUPPORT MARKET GROWTH          61

6.3         NON-GELATIN HALAL EMPTY CAPSULES           63

6.3.1      INCREASING PREFERENCE FOR PLANT-BASED PRODUCTS TO DRIVE MARKET            63

7            HALAL EMPTY CAPSULES MARKET, BY END USER          66

7.1         INTRODUCTION            67

7.2         PHARMACEUTICAL INDUSTRY 67

7.2.1      PHARMA SECTOR TO REGISTER HIGHEST DEMAND FOR HALAL EMPTY CAPSULES         67

7.3         NUTRACEUTICAL INDUSTRY    69

7.3.1      RISING PREFERENCE FOR CAPSULE-BASED FORMULATIONS IN KEY REGIONS TO DRIVE MARKET    69

7.4         OTHER END USERS        72

8            HALAL EMPTY CAPSULES MARKET, BY REGION 74

8.1         INTRODUCTION            75

8.2         NORTH AMERICA          75

8.2.1      NORTH AMERICA: MACROECONOMIC OUTLOOK          76

8.2.2      US         78

8.2.2.1   US to hold large shares of North American and global markets   78

8.2.3      CANADA            80

8.2.3.1   Shift toward plant-based and sustainable alternatives to drive market      80

8.3         EUROPE             81

8.3.1      EUROPE: MACROECONOMIC OUTLOOK            81

8.3.2      GERMANY         83

8.3.2.1   Germany to account for largest share in Europe           83

8.3.3      UK         84

8.3.3.1   Presence of leading players to boost product access      84

8.3.4      FRANCE             85

8.3.4.1   Ban on bovine-based food-grade gelatin to restrain market        85

8.3.5      ITALY   87

8.3.5.1   Increasing health awareness among consumers to drive market  87

8.3.6      SPAIN   88

8.3.6.1   Supportive regulatory frameworks and rising product access to drive market              88

8.3.7      REST OF EUROPE           89

8.4         ASIA PACIFIC    90

8.4.1      ASIA PACIFIC: MACROECONOMIC OUTLOOK    91

8.4.2      CHINA  94

8.4.2.1   Strong presence of raw material providers to drive market         94

8.4.3      INDIA   95

8.4.3.1   Large target population and rising awareness to support market growth   95

8.4.4      JAPAN  96

8.4.4.1   Rising demand for pharma products to propel market  96

8.4.5      REST OF ASIA PACIFIC  97

8.5         LATIN AMERICA             99

8.5.1      RISING HEALTH CONSCIOUSNESS AND GROWING DEMAND TO PROPEL MARKET          99

8.5.2      LATIN AMERICA: MACROECONOMIC OUTLOOK            99

8.6         MIDDLE EAST & AFRICA             101

8.6.1      SUPPORT FOR CERTIFICATION, CULTURAL PREFERENCES,

AND GROWING AWARENESS TO DRIVE MARKET            101

8.6.2      MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK            101

9            COMPETITIVE LANDSCAPE       103

9.1         OVERVIEW        103

9.2         KEY PLAYER STRATEGIES/RIGHT TO WIN          103

9.2.1      OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN HALAL EMPTY CAPSULES MARKET      104

9.3         REVENUE ANALYSIS      105

9.4         MARKET SHARE ANALYSIS         106

9.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   108

9.5.1      STARS  108

9.5.2      EMERGING LEADERS    108

9.5.3      PERVASIVE PLAYERS     108

9.5.4      PARTICIPANTS 108

9.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023      110

9.5.5.1   Company footprint            110

9.5.5.2   Type footprint     111

9.5.5.3   End-user footprint             112

9.5.5.4   Region footprint  113

9.6         VALUATION & FINANCIAL METRICS      114

9.6.1      FINANCIAL METRICS    114

9.6.2      COMPANY VALUATION 114

9.7         BRAND/PRODUCT COMPARISON          115

9.8         COMPETITIVE SCENARIO          116

9.8.1      PRODUCT LAUNCHES  116

9.8.2      DEALS  116

9.8.3      EXPANSIONS    117

10          COMPANY PROFILES    118

10.1       KEY PLAYERS   118

10.1.1    LONZA 118

10.1.1.1 Business overview 118

10.1.1.2 Products offered  119

10.1.1.3 Recent developments         121

10.1.1.3.1            Product launches 121

10.1.1.4 MnM view           121

10.1.1.4.1            Key strengths       121

10.1.1.4.2            Strategic choices  121

10.1.1.4.3            Weaknesses and competitive threats 121

10.1.2    ACG      122

10.1.2.1 Business overview 122

10.1.2.2 Products offered  122

10.1.2.3 Recent developments         123

10.1.2.3.1            Deals     123

10.1.2.3.2            Expansions          124

10.1.2.4 MnM view           124

10.1.2.4.1            Key strengths       124

10.1.2.4.2            Strategic choices  124

10.1.2.4.3            Weaknesses and competitive threats 124

10.1.3    SUHEUNG CO., LTD.     125

10.1.3.1 Business overview 125

10.1.3.2 Products offered  126

10.1.3.3 MnM view           127

10.1.3.3.1            Key strengths       127

10.1.3.3.2            Strategic choices  127

10.1.3.3.3            Weaknesses and competitive threats 127

10.1.4    QUALICAPS (ROQUETTE FRÈRES)         128

10.1.4.1 Business overview 128

10.1.4.2 Products offered  128

10.1.4.3 Recent developments         129

10.1.4.3.1            Deals     129

10.1.4.3.2            Expansions          129

10.1.5    SHANXI GUANGSHENG CAPSULE LIMITED        130

10.1.5.1 Business overview 130

10.1.5.2 Products offered  130

10.1.6    CAPSCANADA (LYFE GROUP)   131

10.1.6.1 Business overview 131

10.1.6.2 Products offered  131

10.1.7    HEALTHCAPS INDIA     132

10.1.7.1 Business overview 132

10.1.7.2 Products offered  133

10.1.8    NECTAR LIFESCIENCES LTD.    134

10.1.8.1 Business overview 134

10.1.8.2 Products offered  135

10.1.9    SUNIL HEALTHCARE LIMITED  136

10.1.9.1 Business overview 136

10.1.9.2 Products offered  138

10.1.10  FARMACÁPSULAS          139

10.1.10.1             Business overview 139

10.1.10.2             Products offered  139

10.1.11  NATURAL CAPSULES LIMITED 140

10.1.11.1             Business overview 140

10.1.11.2             Products offered  141

10.1.12  ERAWAT PHARMA LIMITED      142

10.1.12.1             Business overview 142

10.1.12.2             Products offered  143

10.1.13  QINGDAO YIQING BIOTECHNOLOGY CO., LTD.             144

10.1.13.1             Business overview 144

10.1.13.2             Products offered  144

10.1.14  FORTCAPS (KUMAR ORGANIC PRODUCTS LIMITED)    145

10.1.14.1             Business overview 145

10.1.14.2             Products offered  145

10.1.14.3             Recent developments         146

10.1.14.3.1          Deals     146

10.1.15  SAVIOUR CAPS PVT. LTD.          147

10.1.15.1             Business overview 147

10.1.15.2             Products offered  147

11          APPENDIX         148

11.1       DISCUSSION GUIDE      148

11.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             151

11.3       CUSTOMIZATION OPTIONS      153

11.4       RELATED REPORTS       153

11.5       AUTHOR DETAILS         154

LIST OF TABLES

TABLE 1             IMPACT ANALYSIS OF SUPPLY-SIDE AND DEMAND-SIDE FACTORS           27

TABLE 2             HALAL EMPTY CAPSULES MARKET: LIST OF RAW MATERIAL SUPPLIERS        40

TABLE 3             HALAL EMPTY CAPSULES MARKET: LIST OF EMPTY CAPSULE MANUFACTURERS        41

TABLE 4             HALAL EMPTY CAPSULES MARKET: LIST OF KEY REGULATORY BODIES

AND CERTIFICATION BODIES   41

TABLE 5             HALAL EMPTY CAPSULES MARKET: LIST OF KEY END USERS              42

TABLE 6             HALAL EMPTY CAPSULES MARKET: PORTER’S FIVE FORCES ANALYSIS          45

TABLE 7             INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS

OF HALAL EMPTY CAPSULES    48

TABLE 8            AVERAGE SELLING PRICE TREND OF HALAL EMPTY CAPSULES,

BY TYPE (2021–2023)     50

TABLE 9             AVERAGE PRICE OF HALAL EMPTY CAPSULES, BY REGION (2023)   51

TABLE 10           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

CERTIFICATION BODIES AND OTHER ORGANIZATIONS             53

TABLE 11           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

CERTIFICATION BODIES AND OTHER ORGANIZATIONS             53

TABLE 12           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

CERTIFICATION BODIES AND OTHER ORGANIZATIONS             54

TABLE 13           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, CERTIFICATION BODIES AND OTHER ORGANIZATIONS      54

TABLE 14           HALAL EMPTY CAPSULES MARKET: DETAILED LIST OF KEY CONFERENCES

AND EVENTS    57

TABLE 15           HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION)          61

TABLE 16           GELATIN HALAL EMPTY CAPSULES MARKET, BY REGION,

2022–2029 (USD MILLION)          62

TABLE 17           NORTH AMERICA: GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            62

TABLE 18           EUROPE: GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            62

TABLE 19           ASIA PACIFIC: GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            63

TABLE 20          NON-GELATIN HALAL EMPTY CAPSULES MARKET, BY REGION,

2022–2029 (USD MILLION)          64

TABLE 21           NORTH AMERICA: NON-GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            64

TABLE 22           EUROPE: NON-GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            64

TABLE 23           ASIA PACIFIC: NON-GELATIN HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            65

TABLE 24           HALAL EMPTY CAPSULES MARKET, BY END USER, 2022–2029 (USD MILLION) 67

TABLE 25           HALAL EMPTY CAPSULES MARKET FOR PHARMACEUTICAL INDUSTRY,

BY REGION, 2022–2029 (USD MILLION)  68

TABLE 26           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET FOR PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2022–2029 (USD MILLION)              68

TABLE 27           EUROPE: HALAL EMPTY CAPSULES MARKET FOR PHARMACEUTICAL INDUSTRY,

BY COUNTRY, 2022–2029 (USD MILLION)            69

TABLE 28           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET FOR PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2022–2029 (USD MILLION)              69

TABLE 29           HALAL EMPTY CAPSULES MARKET FOR NUTRACEUTICAL INDUSTRY,

BY REGION, 2022–2029 (USD MILLION)  70

TABLE 30           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET FOR NUTRACEUTICAL INDUSTRY, BY COUNTRY, 2022–2029 (USD MILLION) 70

TABLE 31           EUROPE: HALAL EMPTY CAPSULES MARKET FOR NUTRACEUTICAL INDUSTRY,

BY COUNTRY, 2022–2029 (USD MILLION)            71

TABLE 32           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET FOR NUTRACEUTICAL INDUSTRY, BY COUNTRY, 2022–2029 (USD MILLION) 71

TABLE 33           HALAL EMPTY CAPSULES MARKET FOR OTHER END USERS,

BY REGION, 2022–2029 (USD MILLION)  72

TABLE 34           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET FOR OTHER END USERS

BY COUNTRY, 2022–2029 (USD MILLION)            73

TABLE 35           EUROPE: HALAL EMPTY CAPSULES MARKET FOR OTHER END USERS,

BY COUNTRY, 2022–2029 (USD MILLION)            73

TABLE 36           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET FOR OTHER END USERS,

BY COUNTRY, 2022–2029 (USD MILLION)            73

TABLE 37           HALAL EMPTY CAPSULES MARKET, BY REGION, 2022–2029 (USD MILLION) 75

TABLE 38           NORTH AMERICA: MACROECONOMIC OUTLOOK          76

TABLE 39           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            77

TABLE 40           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       78

TABLE 41           NORTH AMERICA: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            78

TABLE 42           US: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 79

TABLE 43           US: HALAL EMPTY CAPSULES MARKET, BY END USER, 2022–2029 (USD MILLION)     79

TABLE 44           CANADA: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION)     80

TABLE 45           CANADA: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          81

TABLE 46           EUROPE: MACROECONOMIC OUTLOOK            82

TABLE 47           EUROPE: HALAL EMPTY CAPSULES MARKET, BY COUNTRY,

2022–2029 (USD MILLION)          82

TABLE 48           EUROPE: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION)     83

TABLE 49           EUROPE: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          83

TABLE 50           GERMANY: HALAL EMPTY CAPSULES MARKET, BY TYPE,

2022–2029 (USD MILLION)          84

TABLE 51           GERMANY: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          84

TABLE 52           UK: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 85

TABLE 53           UK: HALAL EMPTY CAPSULES MARKET, BY END USER, 2022–2029 (USD MILLION)     85

TABLE 54           FRANCE: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION)     86

TABLE 55           FRANCE: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          86

TABLE 56           ITALY: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 87

TABLE 57           ITALY: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          88

TABLE 58           SPAIN: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 88

TABLE 59           SPAIN: HALAL EMPTY CAPSULES MARKET, BY END USER,

2022–2029 (USD MILLION)          89

TABLE 60           REST OF EUROPE: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       90

TABLE 61           REST OF EUROPE: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            90

TABLE 62           ASIA PACIFIC: MACROECONOMIC OUTLOOK    91

TABLE 63           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET,

BY COUNTRY, 2022–2029 (USD MILLION)            93

TABLE 64           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       93

TABLE 65           ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            93

TABLE 66           CHINA: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 94

TABLE 67           CHINA: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            95

TABLE 68           INDIA: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 96

TABLE 69           INDIA: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            96

TABLE 70           JAPAN: HALAL EMPTY CAPSULES MARKET, BY TYPE, 2022–2029 (USD MILLION) 97

TABLE 71           JAPAN: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            97

TABLE 72           REST OF ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       98

TABLE 73           REST OF ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            99

TABLE 74           LATIN AMERICA: MACROECONOMIC OUTLOOK            100

TABLE 75           LATIN AMERICA: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       100

TABLE 76           LATIN AMERICA: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            100

TABLE 77           MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK              102

TABLE 78           MIDDLE EAST & AFRICA: HALAL EMPTY CAPSULES MARKET,

BY TYPE, 2022–2029 (USD MILLION)       102

TABLE 79           MIDDLE EAST & AFRICA: HALAL EMPTY CAPSULES MARKET,

BY END USER, 2022–2029 (USD MILLION)            102

TABLE 80           OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURING

COMPANIES, 2021–2024 104

TABLE 81           HALAL EMPTY CAPSULES MARKET: DEGREE OF COMPETITION 107

TABLE 82           HALAL EMPTY CAPSULES MARKET: TYPE FOOTPRINT 111

TABLE 83           HALAL EMPTY CAPSULES MARKET: END-USER FOOTPRINT              112

TABLE 84           HALAL EMPTY CAPSULES MARKET: REGION FOOTPRINT              113

TABLE 85           HALAL EMPTY CAPSULES MARKET: PRODUCT LAUNCHES,

JANUARY 2021–AUGUST 2024     116

TABLE 86           HALAL EMPTY CAPSULES MARKET: DEALS, JANUARY 2021–AUGUST 2024    116

TABLE 87           HALAL EMPTY CAPSULES MARKET: EXPANSIONS, JANUARY 2021–AUGUST 2024        117

TABLE 88           LONZA: COMPANY OVERVIEW 118

TABLE 89           LONZA: PRODUCTS OFFERED  119

TABLE 90           LONZA: PRODUCT LAUNCHES, JANUARY 2021–AUGUST 2024              121

TABLE 91           ACG: COMPANY OVERVIEW      122

TABLE 92           ACG: PRODUCTS OFFERED       122

TABLE 93           ACG: DEALS, JANUARY 2021–AUGUST 2024         123

TABLE 94           ACG: EXPANSIONS, JANUARY 2021–AUGUST 2024            124

TABLE 95           SUHEUNG: COMPANY OVERVIEW          125

TABLE 96           SUHEUNG: PRODUCTS OFFERED           126

TABLE 97           QUALICAPS (ROQUETTE FRÈRES): COMPANY OVERVIEW              128

TABLE 98           QUALICAPS (ROQUETTE FRÈRES): PRODUCTS OFFERED              128

TABLE 99           QUALICAPS (ROQUETTE FRÈRES): DEALS, JANUARY 2021–AUGUST 2024    129

TABLE 100         QUALICAPS (ROQUETTE FRÈRES): EXPANSIONS, JANUARY 2021–AUGUST 2024        129

TABLE 101         SHANXI GUANGSHENG CAPSULE: COMPANY OVERVIEW              130

TABLE 102         SHANXI GUANGSHENG CAPSULE: PRODUCTS OFFERED              130

TABLE 103         CAPSCANADA (LYFE GROUP): COMPANY OVERVIEW    131

TABLE 104         CAPSCANADA (LYFE GROUP): PRODUCTS OFFERED     131

TABLE 105         HEALTHCAPS INDIA: COMPANY OVERVIEW      132

TABLE 106         HEALTHCAPS INDIA: PRODUCTS OFFERED       133

TABLE 107         NECTAR LIFESCIENCES: COMPANY OVERVIEW 134

TABLE 108         NECTAR LIFESCIENCES: PRODUCTS OFFERED  135

TABLE 109         SUNIL HEALTHCARE: COMPANY OVERVIEW     136

TABLE 110         SUNIL HEALTHCARE: PRODUCTS OFFERED      138

TABLE 111         FARMACÁPSULAS: COMPANY OVERVIEW           139

TABLE 112         FARMACÁPSULAS: PRODUCTS OFFERED           139

TABLE 113         NATURAL CAPSULES: COMPANY OVERVIEW     140

TABLE 114         NATURAL CAPSULES: PRODUCTS OFFERED      141

TABLE 115         ERAWAT PHARMA: COMPANY OVERVIEW          142

TABLE 116         ERAWAT PHARMA: PRODUCTS OFFERED           143

TABLE 117         QINGDAO YIQING BIOTECHNOLOGY: COMPANY OVERVIEW              144

TABLE 118         QINGDAO YIQING BIOTECHNOLOGY: PRODUCTS OFFERED              144

TABLE 119         FORTCAPS: COMPANY OVERVIEW         145

TABLE 120         FORTCAPS: PRODUCTS OFFERED          145

TABLE 121         FORTCAPS: DEALS, JANUARY 2021–AUGUST 2024            146

TABLE 122         SAVIOUR CAPS: COMPANY OVERVIEW  147

TABLE 123         SAVIOUR CAPS: PRODUCTS OFFERED  147

LIST OF FIGURES

FIGURE 1           HALAL EMPTY CAPSULES MARKET SEGMENTATION     17

FIGURE 2           RESEARCH DESIGN       19

FIGURE 3           HALAL EMPTY CAPSULES MARKET: BREAKDOWN OF PRIMARIES        21

FIGURE 4           MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS     22

FIGURE 5           MARKET SIZE ESTIMATION FOR HALAL EMPTY CAPSULES MARKET:

APPROACH 1 (REVENUE SHARE ANALYSIS)        22

FIGURE 6           ILLUSTRATIVE EXAMPLE OF CAPSUGEL (LONZA):

REVENUE SHARE ANALYSIS (2023)         23

FIGURE 7           MARKET VALIDATION FROM PRIMARY EXPERTS           24

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       25

FIGURE 9           HALAL EMPTY CAPSULES MARKET: CAGR PROJECTIONS              26

FIGURE 10         DATA TRIANGULATION METHODOLOGY         28

FIGURE 11         HALAL EMPTY CAPSULES MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION) 31

FIGURE 12         HALAL EMPTY CAPSULES MARKET, BY END USER, 2024 VS. 2029 (USD MILLION) 32

FIGURE 13         GEOGRAPHICAL SNAPSHOT: HALAL EMPTY CAPSULES MARKET            33

FIGURE 14         RISING DEMAND FOR HALAL-CERTIFIED PRODUCTS TO PROPEL MARKET GROWTH      34

FIGURE 15         GELATIN SEGMENT DOMINATED NORTH AMERICAN HALAL EMPTY CAPSULES MARKET IN 2023       35

FIGURE 16         GELATIN HALAL EMPTY CAPSULES ACCOUNTED FOR LARGEST MARKET SHARE

IN 2023 35

FIGURE 17         ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE IN HALAL EMPTY CAPSULES MARKET FROM 2024 TO 2029 36

FIGURE 18         HALAL EMPTY CAPSULES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        37

FIGURE 19         HALAL EMPTY CAPSULES MARKET: ECOSYSTEM           40

FIGURE 20         HALAL EMPTY CAPSULES MARKET: VALUE CHAIN ANALYSIS              42

FIGURE 21         HALAL EMPTY CAPSULES MARKET: SUPPLY CHAIN ANALYSIS              45

FIGURE 22         HALAL EMPTY CAPSULES MARKET: PORTER’S FIVE FORCES ANALYSIS          46

FIGURE 23         KEY STAKEHOLDERS IN BUYING PROCESS         47

FIGURE 24         KEY BUYING CRITERIA FOR HALAL EMPTY CAPSULES  49

FIGURE 25         REVENUE SHIFT AND NEW REVENUE POCKETS FOR HALAL

EMPTY CAPSULE PROVIDERS   58

FIGURE 26         NORTH AMERICA: HALAL EMPTY CAPSULES MARKET SNAPSHOT        77

FIGURE 27         ASIA PACIFIC: HALAL EMPTY CAPSULES MARKET SNAPSHOT              92

FIGURE 28         REVENUE ANALYSIS OF KEY PLAYERS IN HALAL EMPTY CAPSULES

MARKET, 2021–2023       105

FIGURE 29         MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023          106

FIGURE 30         HALAL EMPTY CAPSULES MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     109

FIGURE 31         HALAL EMPTY CAPSULES MARKET: COMPANY FOOTPRINT              110

FIGURE 32         EV/EBITDA OF KEY VENDORS   114

FIGURE 33         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF

KEY VENDORS  114

FIGURE 34         HALAL EMPTY CAPSULES MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS          115

FIGURE 35         CAPSUGEL (LONZA): COMPANY SNAPSHOT (2023)        119

FIGURE 36         SUHEUNG: COMPANY SNAPSHOT (2023)            125

FIGURE 37         HEALTHCAPS INDIA: COMPANY SNAPSHOT (2022)        132

FIGURE 38         NECTAR LIFESCIENCES: COMPANY SNAPSHOT (2023)   134

FIGURE 39         SUNIL HEALTHCARE: COMPANY SNAPSHOT (2023)       137

FIGURE 40         NATURAL CAPSULES: COMPANY SNAPSHOT (2023)       140