Global Empty Hard Capsule Manufacturing Machines market will reach 50 million US$ by the end of 2025
Published Date: 2019/1/18
The technical barriers of Empty Hard Capsule Manufacturing Machines are relatively high and the market is small, resulting in hifh level concentration degree. The key companies in Empty Hard Capsule Manufacturing Machines market are Safrroys Machines, FU CHUAN DA, Erawat Engineering, Lanzhou Pingshan, Qingdao Microstat Engineering and Jin Wan Group, etc. Jin Wan Group was once the largest manufacturer in China, but it shut down from 2017 due to financial strain; The enterprises are concentrated in USA, Canada, India, Taiwan and China. North America is the largest production area, occupied about 40.00% production in 2017.
According to applications, Empty Hard Capsule is used in Pharmaceutical and Health Supplements. In 2017, Empty Hard Capsule for Pharmaceutical occupied more than 87.80% of total amount and it will keep increasing, because more health supplements will choose softgel.
According to types, Empty Hard Capsule Manufacturing Machines is split into Hard Capsule Machine and Ancillary Equipment, most manufacturers in the report can supply all size product. Hard Capsule Machine is the largest market with the share of 87.00% in 2017.
The global Empty Hard Capsule Manufacturing Machines market is valued at 33 million US$ in 2017 and will reach 50 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2018-2025.
Click to view the full report: https://www.qyresearch.com/index/detail/564010/global-empty-hard-capsule-manufacturing-machines-sales-market
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