Impact Of Covid-19 Outbreak On Capsule Filler Market

Posted by anna on December 28th, 2020

Capsule Filler Market: Introduction

Transparency Market Research delivers key insights on the global capsule filler market. In terms of revenue, the global capsule filler market is estimated to expand at a growth rate of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global capsule filler market report.

According to the capsule filler market research report, in terms of type, the market has been divided into manual, semi-automatic, and automatic. Automatic capsule fillers are expected to remain dominant in the global capsule filler market and their dominance is projected to continue during the forecast period. Increase in demand for large scale production of capsules is the major reason for the dominance of automatic capsule fillers.

In terms of filling material, the global capsule filler market has been classified into liquid, semi-solid, and solid. Solid filling material held majority share in 2019 and is projected to hold the same position based on revenue generation during the forecast years, owing to the increasing demand for powder and granule form in medicines as they have faster dissolution rate. Moreover, they enable easy filling of granules in capsules, preventing any type of leakage or contamination both before and after filling of the capsules.

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Capsule Filler Market: Drivers, Opportunities, and Restraints

Globally, the use of capsule fillers is expected to experience steady growth. Growth of the capsule filler market is the result of stringent pharmaceutical regulations by governments of different countries. These regulations are leading to a growing need for capsule fillers, which can fill capsules more precisely at a faster rate. The most dominant factor driving the growth of the capsule filler market is the growing usage of capsules. Capsules are gradually being favored as majority of people choose to intake medications or supplements in the form of capsules.

Increasing demand for capsules entails large-scale production with more capsule filling capacity, which offers opportunity for the development of new capsule filler machines that can produce more capsules in an hour. Furthermore, increasing application of technology by different pharmaceutical companies is driving demand for complete automation of capsule manufacturing processes. This is also projected to create new opportunities for the capsule filler market globally throughout the forecast years.