July 5, 2024
Ict

Capsule Filling Machines Market to be Propelled by High Demand for Pharmaceutical Contract Manufacturing

Capsule filling machines are automated equipment used to fill capsules with powders, pellets, tablets, or liquids in the pharmaceutical and nutraceutical industries. These machines offer high production speed and volume with minimal room for errors. They are commonly used to manufacture capsules for over-the-counter medications, prescription drugs, dietary & weight-loss supplements, probiotic supplements, and more. The pharmaceutical contract manufacturing segment utilizes capsule filling machines on a large scale to rapidly produce and package capsules for various contract manufacturing activities.

The global Capsule Filling Machines Market is estimated to be valued at US$ 1.92 billion in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The growth of the pharmaceutical contract manufacturing industry is expected to be a major driver for the capsule filling machines market over the forecast period. Pharmaceutical companies are increasingly outsourcing non-core activities like product manufacturing to contract manufacturing organizations (CMOs) that have specialized facilities and trained personnel to rapidly produce pharmaceutical products. This has significantly increased demand for end-to-end capsule manufacturing solutions including capsule filling machines at CMO sites worldwide. Additionally, the rising consumption of nutraceuticals and dietary supplements globally is propelling demand for capsule-based product forms. This is fueling investments in capsule filling production lines and equipment like capsule filling machines by nutraceutical manufacturers, thereby supporting market growth.

Segment Analysis
The global capsule filling machines market is dominated by the soft gelatin capsule filling machines segment, which accounts for over 60% market share. Soft gelatin capsule filling machines are preferred for capsules containing liquids, creams, and gels as soft gels offer better absorption and higher loading capacity compared to hard gelatin capsules. The segment is expected to continue its dominance over the forecast period owing to the extensive use of soft gelatin capsules in dietary supplements and medicinal drugs.

Key players operating in the capsule filling machines market are Robert Bosch GmbH, IMA S.p.A., MG2 s.r.l., Romaco Group, ACIC Pharmaceutical Machinery, Torpac Inc., Dott Bonapace & C Srl, Schaefer Technologies, Inc., TITAN PHARMACEUTICAL MACHINERY, Adinath International, ACG Worldwide, Jornen Machinery Co., Ltd., Hanningfield Process Systems Ltd., N.K Industries, Kambert Machinery Co. Pvt. Ltd., SaintyTec, Cap Plus Technologies Pvt. Ltd., Hanlin Hangyu Industrial Co., Ltd., Harro Höfliger Verpackungsmaschinen GmbH, Qualicaps.

PEST Analysis
Political: Changes in regulations regarding pharmaceutical and dietary supplement processing can impact the demand for capsule filling machines. Stringent requirements for safety and quality are driving mechanization and automation trends.
Economic: A growing economy translates to higher disposable incomes, driving greater consumer spending on health and wellness products, benefitting the capsule filling machines market.
Social: Increasing health awareness and focus on preventive healthcare is propelling demand for dietary supplements, benefitting manufacturers and driving demand for capsule filling equipment.
Technological: Advancements in capsule filling technologies such as multi-pocket machines, high-speed machines, and connectivity solutions are improving production efficiency and quality. Integrated inspection systems ensure product consistency.

Key Takeaways
The global Capsule Filling Machines Market size was valued at US$ 1.92 Bn in 2024 and is projected to reach US$ 3.46 Bn by 2030, registering a CAGR of 6.7% during the forecast period.

Regional analysis indicates that North America currently dominates accounting for over 40% value share due to strong demand from US markets.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it