Capsule Filling Machines Market Size & Share Report by 2028

Capsule Filling Machine Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Manual Capsule Filling Machines, Semi-Automatic Capsule Filling Machines, and Fully Automatic Capsule Filling Machines), Application (Pharmaceutical, Cosmetics, and Others), and Capacity [Small (Upto 50,000 Capsules), Medium (50,000 Capsules to 100,000 Capsules per Hour), and High (More than 100,000 Capsules per Hour)]

  • Report Code : TIPRE00008630
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 226
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[Research Report] The capsule filling machine market is projected to reach US$ 290.92 million by 2028 from US$ 211.32 million in 2021; it is expected to grow at a CAGR of 4.7% during 2021 to 2028.

Capsule filling machines, also known as encapsulation machines, are mechanical devices extensively employed in pharmaceutical and industrial purposes. These machines fill empty soft or hard gelatin capsules of various sizes with powders, granules, semi-solids, or liquids carrying active pharmaceutical ingredients or a combination of active pharmaceutical ingredients and excipients. The machines are utilized in a wide range of industries, such as chemical, pharmaceutical, animal feed, and food & beverages. For various types of capsule fillers, there are around 1,600 installations globally.

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Capsule Filling Machine Market: Strategic Insights

capsule-filling-machines-market
Market Size Value inUS$ 211.32 million in 2021
Market Size Value byUS$ 290.92 million by 2028
Growth rateCAGR of 4.7% during 2021 to 2028
Forecast Period2021-2028
Base Year2021
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The growth of the capsule filling machine market is attributed to the advancement in capsule filling machine and the rising prevalence of chronic diseases. However, the high cost incurred in capsule filling machine production hampers the market growth.

Lucrative Regions in Capsule Filling Machine Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights
Growing Prevalence of Chronic Diseases Drives Capsule Filling Machine Market

The increasing prevalence of chronic diseases, such as cardiovascular diseases (CVDs), cancer, diabetes, stroke, and kidney disease, has raised the demand for capsule filling machines to facilitate the medicinal capsule production. According to the WHO, cardiovascular diseases are the leading cause of death worldwide, killing 17.9 million people every year. Additionally, the rising prevalence of diabetes has increased need for medicinal capsules, driving the increased demand for capsule filling machines. According to the International Diabetes Federation's ninth edition of the Diabetes Atlas, about 463 million adults (aged 20–79 years) were suffering from diabetes in 2019, with the figure anticipated to reach 700 million by 2045. The increasing prevalence of cancer is boosting the demand for capsule filling machines as well. As per the WHO, cancer has been the second biggest cause of death worldwide, accounting for 9.6 million deaths in 2018. The surge in the cases of chronic renal diseases, worldwide, has also increased the need for daily drugs, which is reflected on the market’s growth. The National Institute of Diabetes and Digestive and Kidney Diseases stated in a report that over 661,000 Americans suffered from kidney failure in 2018, with 468,000 requiring dialysis and daily drugs. As a result of the rising frequency of chronic diseases and infections, pharmaceuticals products are registering a rapid increase in their demand, underscoring the importance of capsule filling machines.

Type-Based Insights

The capsule filling machine market, by type, is segmented into manual capsule filling machines, semi-automatic capsule filling machines, and fully automatic capsule filling machines. The fully automatic capsule filling machines segment held the largest share of the market in 2021. Moreover, the same segment is anticipated to register the highest CAGR in the market during the forecast period.  

Capsule Filling Machine Market, by Type – 2021 and 2028

medical-device
Capsule Filling Machine Market, by Type – 2021 and 2028
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Application-Based Insights

By application, the capsule filling machine market is segmented into pharmaceutical, cosmetics, and others. In 2021, the pharmaceutical segment held the largest share of the market. Moreover, the segment is expected to register the highest 2021–2028.

Capacity-Based Insights

The capsule filling machine market, by capacity, is segmented into small (upto 50,000 capsules), medium (50,000 capsules to 100,000 capsules per hour), and high (more than 100,000 capsules per hour). In 2021, the small (Upto 50,000 Capsules) segment held the largest share of the market. Moreover, the segment is expected to register the highest CAGR of 5.0% during 2021–2028.

Product launches and approvals are commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the capsule filling machine market players focus on the partnership strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name across the world.

Company Profiles

  • ACG
  • Capsugel, Inc (A subsidiary of Lonza Group AG)
  • Schaefer Technologies
  • Syntegon Technology GmbH
  • Torpac Inc.
  • Zhejiang Fuchang Machinery Co.
  • Ltd; Beijing Hanlin Hangyu Technology Development Inc.
  • M2G S.r.l;
  • I.M.A. Industria Macchine Automatiche S.p.A.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Application, and Capacity

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What does Capsule Filling Machine mean?

Capsule filling machines are used to make various sizes of capsules. Capsule filling machines are utilized in a wide range of industries, including chemical, pharmaceutical, animal feed, and food and beverage. For various types of capsule fillers, there are around 1600 installations globally. Capsule filling machines, also known as encapsulation machines, are mechanical devices that are extensively employed in pharmaceutical and industrial purposes. These machines fill empty soft or hard gelatin capsules of various sizes with powders, granules, semi-solids, or liquids carrying active pharmaceutical ingredients or a combination of active pharmaceutical ingredients and excipients.

What are the driving factors for the Capsule Filling Machine market across the globe?

The growth of the Capsule Filling Machine market is mainly attributed to factors such as the increasing prevalence of chronic diseases coupled with advancement in capsule filling machine. However, the high cost incurred in capsule filling machine production is hindering the market growth.

Which is the potential market for the Capsule Filling Machine in terms of region??

The Asia Pacific region is expected to be the fastest-growing region among all other regions. The market is this region is expected to grow significantly in countries such as China, Japan, South Korea, and India. The growth of the market in this region is expected to grow at a faster pace owing to factors such as high prevalence of this chronic diseases, and the rise in healthcare awareness. Additionally, developing healthcare infrastructure and increasing investments are projected to drive the Asia Pacific Capsule Filling Machine market during the forecast period.

What are future trends of Capsule Filling Machine market?

Pharmaceutical companies are investing heavily in drug development and the discovery of new pharmaceutical products. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), pharma companies in the US conduct more than half of the world's R&D, with investments totaling ~US$ 75 billion. They hold intellectual property rights on most of the new pharmaceuticals. In Europe, a research-based pharmaceutical industry is an essential asset and is one of the top-performing high-technology sectors in the region. As per the EFPIA member associations, the research-based pharmaceutical industry in Europe invested around US$ 43,437.88 million (€ 36,500 million) in R&D in 2018. Similarly, the governments in Asian economies are focusing aggressively on pharmaceutical R&D activities. For instance, the Government of Thailand launched the “Thailand 4.0” initiative to shift the label of “manufacturing hub” from the country and replace it with “innovation hub.” Investments in research & development by Indian pharmaceutical companies increased from 5.3% in 2012 to 8.5% in 2018. Such high investments in the R&D activities by pharmaceutical companies are further driving the growth of the pharmaceutical intermediates market.

What is the market CAGR value of Capsule Filling Machine market during forecast period?

The global Capsule Filling Machine market is expected to reach US$ 290.92 million by 2028 from US$ 211.32 million in 2021; it is estimated to grow at a CAGR of 4.7% during 2021–2028.

The List of Companies - Capsule filling Machine Market

  1. ACG
  2. Capsugel, Inc (A subsidiary of Lonza Group AG)
  3. Dott. Bonapace & C. srl
  4. Schaefer Technologies
  5. Syntegon Technology GmbH
  6. Torpac Inc.
  7. Zhejiang Fuchang Machinery Co., Ltd
  8. Beijing Hanlin Hangyu Technology Development Inc.
  9. M2G S.r.l
  10. I.M.A. Industria Macchine Automatiche S.p.A.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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