Global Halal and Kosher Empty Capsules Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Halal and kosher empty capsules are certified as halal and kosher. These non-GMO and gluten-free capsules are made from hydroxypropylmethylcellulose and purified water. Some of the capsules that have already received halal and kosher certification are Vcaps Plus and Plantacaps. The increasing vegetarian and vegan population and surge in religious population that strictly follows halal and kosher are key factors driving the market growth.
Over the years the number of vegan individuals has significantly increased creating strong demand for Global Halal and Kosher Market. For instance - as per Statista - in 2021, the global vegan food market was valued at USD 15.77 billion, and the market is projected to grow to USD 22.27 billion by 2025. Also, rise in adoption of vitamins, minerals, and dietary supplements and growing geriatric population would create lucrative growth opportunities for the market over the projected period. However, high cost of Halal and Kosher Empty Capsules hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Halal and Kosher Empty Capsules Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the increasing trend of veganism in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, as well as increasing penetration of leading market players in the region.
Major market players included in this report are:
- Lonza Group
- Health Caps India Ltd.
- Qualicaps Llc.
- Acg- Associated Capsules
- Er Kang Pharmaceutical Co. Ltd.
- Shanxi Guangsheng Medicinal Capsule Co., Ltd.
- Capscanada
- Qingdao Yiqing Biotechnology Co., Ltd
- Anhui Huangshan Capsule Co. Ltd.
- Natural Capsules Limited
Recent Developments in the Market:
- In November 2022, Lefancaps launched its variety of food supplement capsule options at the annual CPHI Worldwide 2022. These new clean label capsules are free of artificial additives, allergens, GMO, TIO2, Kosher, or Halal certified.
Global Halal and Kosher Empty Capsules Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Product Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Product Type
- Gelatin Type
- Vegetarian Type
By Application
- Health Supplement
- Pharmaceuticals
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Halal and Kosher Empty Capsules Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Halal and Kosher Empty Capsules Market, by Product Type, 2019-2029 (USD Billion)
- 1.2.3. Halal and Kosher Empty Capsules Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Halal and Kosher Empty Capsules Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Halal and Kosher Empty Capsules Market Dynamics
- 3.1. Halal and Kosher Empty Capsules Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing vegetarian and vegan population
- 3.1.1.2. Surge in religious population that strictly follows halal and kosher
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Halal and Kosher Empty Capsules
- 3.1.3. Market Opportunities
- 3.1.3.1. Rise in adoption of vitamins, minerals, and dietary supplements
- 3.1.3.2. Growing geriatric population
Chapter 4. Global Halal and Kosher Empty Capsules Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Halal and Kosher Empty Capsules Market, by Product Type
- 6.1. Market Snapshot
- 6.2. Global Halal and Kosher Empty Capsules Market by Product Type, Performance - Potential Analysis
- 6.3. Global Halal and Kosher Empty Capsules Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
- 6.4. Halal and Kosher Empty Capsules Market, Sub Segment Analysis
- 6.4.1. Gelatin Type
- 6.4.2. Vegetarian Type
Chapter 7. Global Halal and Kosher Empty Capsules Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Halal and Kosher Empty Capsules Market by Application, Performance - Potential Analysis
- 7.3. Global Halal and Kosher Empty Capsules Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Halal and Kosher Empty Capsules Market, Sub Segment Analysis
- 7.4.1. Health Supplement
- 7.4.2. Pharmaceuticals
- 7.4.3. Others
Chapter 8. Global Halal and Kosher Empty Capsules Market, Regional Analysis
- 8.1. Halal and Kosher Empty Capsules Market, Regional Market Snapshot
- 8.2. North America Halal and Kosher Empty Capsules Market
- 8.2.1. U.S. Halal and Kosher Empty Capsules Market
- 8.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Halal and Kosher Empty Capsules Market
- 8.3. Europe Halal and Kosher Empty Capsules Market Snapshot
- 8.3.1. U.K. Halal and Kosher Empty Capsules Market
- 8.3.2. Germany Halal and Kosher Empty Capsules Market
- 8.3.3. France Halal and Kosher Empty Capsules Market
- 8.3.4. Spain Halal and Kosher Empty Capsules Market
- 8.3.5. Italy Halal and Kosher Empty Capsules Market
- 8.3.6. Rest of Europe Halal and Kosher Empty Capsules Market
- 8.4. Asia-Pacific Halal and Kosher Empty Capsules Market Snapshot
- 8.4.1. China Halal and Kosher Empty Capsules Market
- 8.4.2. India Halal and Kosher Empty Capsules Market
- 8.4.3. Japan Halal and Kosher Empty Capsules Market
- 8.4.4. Australia Halal and Kosher Empty Capsules Market
- 8.4.5. South Korea Halal and Kosher Empty Capsules Market
- 8.4.6. Rest of Asia Pacific Halal and Kosher Empty Capsules Market
- 8.5. Latin America Halal and Kosher Empty Capsules Market Snapshot
- 8.5.1. Brazil Halal and Kosher Empty Capsules Market
- 8.5.2. Mexico Halal and Kosher Empty Capsules Market
- 8.5.3. Rest of Latin America Halal and Kosher Empty Capsules Market
- 8.6. Rest of The World Halal and Kosher Empty Capsules Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Lonza Group
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Health Caps India Ltd.
- 9.2.3. Qualicaps Llc.
- 9.2.4. Acg- Associated Capsules
- 9.2.5. Er Kang Pharmaceutical Co. Ltd.
- 9.2.6. Shanxi Guangsheng Medicinal Capsule Co., Ltd.
- 9.2.7. Capscanada
- 9.2.8. Qingdao Yiqing Biotechnology Co., Ltd
- 9.2.9. Anhui Huangshan Capsule Co. Ltd.
- 9.2.10. Natural Capsules Limited
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption