(PharmaNewsWire.Com, October 18, 2017 ) The Latin America Empty Capsules Market was worth $162.84 million in 2016 and estimated to be growing at a CAGR of 7.6%, to reach $234.87 million by 2021. Empty Capsules are generally made from Gelatin, which is derived from animal origin. These are used as dosage form for prescription and OTC drugs, nutrient supplements and herbal products.
Latin America global empty capsules market is driven by growing applications in pharmaceutical and nutraceutical companies. Growing consumer preference towards capsule based formulations is also a major factor supporting the market growth. However increasing raw material costs, strict regulatory frameworks and issues concerned with the consumption of capsules containing animal derived components are some of the key restraining factors for the market.
Latin America Empty Capsules market is segmented by product, therapeutic application and End User. By product the market is further sub-segmented into Gelatin Capsules and Non-Gelatin Capsules. On the basis of therapeutic application Latin America market for Empty capsules is segmented as Antibiotic and Antibacterial Drugs, Antacid and Antiflatulent Preparations, Anti anemic Preparations, Anti-Inflammatory Drugs, Cardiovascular Therapy Drugs, Dietary Supplements and Vitamins, Cough and Cold Preparations and other therapeutic applications. Based on End User the market is segmented as Pharmaceutical Industry, Cosmetics Industry, Nutraceutical Industry and Research Laboratories. Gelatin Capsules is the largest product segment while Non-Gelatin capsules segment is estimated to be the fastest growing with a CAGR of XX% due to increasing preference for vegetable origin capsules during the forecast period.
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Based on geography Latin America empty capsules market is segmented into various regions namely Brazil, Argentina and Mexico. Within Latin America Brazil is the largest market for Empty Capsules accounting for a share of approximately XX%.
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Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
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Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Some of the major companies covered in the report are Capsugel, Acg Worldwide, Suheung Co Ltd., Bright Pharmacaps Inc., Capscanada Corporation, Medi-Caps Ltd., Qualicaps, Roxlor, LLC, Snail Pharma Industry Co., Ltd. and Sunil Healthcare Limited.
Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
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