Vegetable Capsules Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Japan - Size and Forecast 2024-2028

Published: Oct 2023

Pages: 162

SKU: IRTNTR76668

Snapshot

Vegetable Capsules Market Forecast 2024-2028

The global vegetable capsules market size is estimated to grow by USD 274.25 million at a CAGR of 8.68% between 2023 and 2028. The increasing applications of natural and plant-based products in the pharmaceutical industry are driving the demand for plant-derived ingredients, including those used in the production of plant-based products. Additionally, the growing consumer preference for natural and plant-based products, driven by health and environmental concerns, is boosting market growth by creating a higher demand for plant-derived ingredients in various industries. Furthermore, regulatory restrictions on animal-derived products, aimed at ensuring product safety and reducing environmental impact, are driving the shift towards plant-based alternatives, further fueling market growth.

Market Overview

For More Highlights About this Report, Download Free Sample in a Minute

Market Segmentation

This report provides a detailed analysis of the market by Application (Health Supplements, Pharmaceuticals, and Others ), Material (Cellulose, Starch, and Pullulan ), and Geography (North America, Europe, Asia, and the Rest of the World (ROW)).

By Application

The market share by the health supplements segment will be significant during the forecast period. Health supplements include nutraceuticals and dietary supplements. Vegetable capsules are extensively used in the encapsulation of various health supplements, including vitamins, minerals, herbal extracts, probiotics, and other nutraceutical ingredients. Health supplements have gained immense popularity among consumers globally, driven by the growing awareness and emphasis on personal health and wellness.

Get a glance at the market contribution of various segments Download the PDF Sample

The health supplements segment was the largest and was valued at USD 180.66 million in 2018. Health-conscious consumers opt for nutraceuticals to obtain maximum medical and personal benefits. Nutraceuticals play an important role in modifying and maintaining the physiological functions required for the proper functioning of the body. Nutraceuticals that contain antioxidants, probiotics, and polyunsaturated fatty acids help in managing health issues such as obesity, cardiovascular diseases, cancer, high cholesterol, osteoporosis, arthritis, and diabetes. Thus, the demand for nutraceuticals is increasing rapidly, which, in turn, will drive the demand and thus will contribute to the global vegetable capsule market in the health supplements segment during the forecast period.

By Region

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 39% to the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market in North America is expected to witness significant growth during the forecast period. One of the key driving factors is the increasing adoption of vegetarian and vegan lifestyles among consumers in North America. As a result, there is a growing demand for plant-based alternatives in various industries, including pharmaceuticals, nutraceuticals, and dietary supplements, which contributes to the growth of the vegetable capsules market in North America during the forecast period. The demand for nutraceuticals and supplements is rising rapidly in North America as more and more people are looking for natural ways to improve their health and well-being. Vegetable capsules are a popular choice for nutraceuticals and supplements, as they are a convenient and effective way to deliver active ingredients to the body.

In addition, the US is the leading country for nutraceuticals in North America. The major dietary supplements consumed in the US are multivitamins, calcium and vitamin D supplements, and omega-3 fatty acids. The consumption of these supplements is driven by the aging baby boomer population, who are more attentive toward healthy aging than their predecessors to prevent age-related diseases. Therefore, the growth in the nutraceuticals and dietary supplement industries in North America will increase the demand, which will positively impact the regional market during the forecast period.

Market Dynamics

The market is driven by the increasing demand for vegetarian softgel capsules sourced from plant-based natural sources. This trend is fueled by concerns over animal derivatives, GMOs, gluten, modified sugar, and starch in traditional capsules. Vegetarian capsules, often made from pullulan or cellulose (hydroxypropyl methylcellulose), cater to the growing vegan population. These capsules offer advantages such as being free from animal products and allergens. They find application in the pharmaceutical, health supplement, and cosmetics industries. Manufacturers focus on raw materials and formulation to enhance nutritional and pharmaceutical purposes. The market witnesses innovations in production processes to improve manufacturing cost and efficiency. Health-conscious consumers are driving the demand, leading to the availability of these capsules in hospital pharmacies, retail stores, and online platforms. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The market is experiencing significant growth due to the increasing consumer preference for natural and plant-based products. Elevated awareness of the potential health benefits associated with these ingredients is driving the demand for vegetable capsules. Consumers, concerned about the impact of synthetic substances, are seeking healthier and more sustainable alternatives, and plant-based cellulose-derived vegetable capsules align with this preference. This trend is driven by factors such as plant-based natural sources, animal derivatives, GMO (Genetically Modified Organisms), gluten, modified sugar, innovations, the pharmaceutical industry, health-conscious consumers, pharmaceuticals, and health supplements. This has led to substantial growth in the demand for vegetable capsules in the pharmaceutical industry, especially for encapsulating herbal supplements and nutraceuticals, given their compatibility with various active ingredients and protective qualities against degradation.

The global market is expected to thrive during the forecast period, propelled by the rising consumer inclination towards natural and plant-based products influenced by health consciousness, sustainability, ethical considerations, and clean-label trends.

Significant Market Trends

The market is experiencing growth driven by a rising focus on sustainable packaging. With growing concerns about plastic waste and environmental sustainability, consumers and regulatory bodies are actively seeking eco-friendly packaging solutions. Vegetable capsules, being plant-based and biodegradable, meet these sustainability requirements, fostering their adoption and market demand. A key driver for the global market's growth in sustainable packaging is the changing consumer mindset, as people become more environmentally conscious and seek products aligning with their sustainability values.

Furthermore, consumers increasingly favor companies demonstrating commitment to sustainability, leading to enhanced customer loyalty and market share. Consequently, changing consumer preferences, stricter regulations, and the recognition of business benefits are expected to drive the adoption and contribute to global growth during the forecast period.

Major Market Challenge

A significant obstacle to market growth is the limited awareness and availability of vegetable capsules. When consumers and manufacturers are unaware of the existence and benefits, they often opt for the familiar traditional gelatin capsules. This lack of awareness constrains demand, creating a mismatch between consumer demand and available products. Additionally, limited availability in certain regions or markets exacerbates the issue, making it challenging for the global market to gain traction and expand. This restriction on companies' ability to meet consumer demand negatively impacts the market's potential for growth during the forecast period.

Key Companies in Vegetable Capsules Market

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ACG - The company offers vegetable capsules such as ACGcaps HR capsules, ACGcaps H plus capsules, and ACGcaps HL capsules.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market serves various industries, including hospital pharmacy, retail stores & pharmacies, and online providers, catering to both nutritional and pharmaceutical purposes. Key players offer capsules made from plant-based materials, appealing to vegetarians and vegans and providing environmental benefits over animal sources. These capsules contain fiber and amino acids beneficial for the immune system and overall health. They are often preservative-free, gluten-free, and starch-free, appealing to consumers seeking natural products. Pharmaceutical companies use them for odor masking, taste masking, and to protect moisture-sensitive and hygroscopic products. These capsules also offer bioavailability, disintegration properties, and stability in hot climates, making them suitable for various liquid formulations. The market aligns with the trends in the nutraceutical and functional foods industries.

Market Scope
Report Coverage	Details
Page number	162
Base year	2023
Historic period	2018 - 2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 8.68%
Market growth 2024-2028	USD 274.25 million
Market structure	Fragmented
YoY growth 2023-2024(%)	8.22
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 39%
Key countries	US, Germany, UK, China, and Japan
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	ACG, Ajix Inc., BioCaps Enterprise, Dah Feng Capsule Industry Co. Ltd., Erawat Pharma Ltd., Evonik Industries AG, Farmacapsulas S.A., Fortcaps Healthcare Ltd., J RETTENMAIER and SOHNE GmbH and Co KG, JC Biotech Pvt. Ltd., Lefancaps LTD., Lonza Group Ltd., Mitsubishi Chemical Group Corp., Natural Capsules Ltd., Qingdao Yiqing Biotechnology Co. Ltd., Shaanxi Genex Bio Tech Co. Ltd., Shaoxing Zhongya Capsule Co. Ltd., Silvaco AS, Suheung Co. Ltd., and Sunil Healthcare Ltd.
Market dynamics	Parent market analysis, market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2024 and 2028
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements.

Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global vegetable capsules market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global vegetable capsules market 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 Material Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Material Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Health supplements - Market size and forecast 2023-2028
- Exhibit 34: Chart on Health supplements - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Health supplements - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Health supplements - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Health supplements - Year-over-year growth 2023-2028 (%)

6.4 Pharmaceuticals - Market size and forecast 2023-2028
- Exhibit 38: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)

6.5 Others - Market size and forecast 2023-2028
- Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ million)
- Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Material

7.1 Market segments
- Exhibit 48: Chart on Material - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Material - Market share 2023-2028 (%)

7.2 Comparison by Material
- Exhibit 50: Chart on Comparison by Material
- Exhibit 51: Data Table on Comparison by Material

7.3 Cellulose - Market size and forecast 2023-2028
- Exhibit 52: Chart on Cellulose - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Cellulose - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Cellulose - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Cellulose - Year-over-year growth 2023-2028 (%)

7.4 Starch - Market size and forecast 2023-2028
- Exhibit 56: Chart on Starch - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Starch - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Starch - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Starch - Year-over-year growth 2023-2028 (%)

7.5 Pullulan - Market size and forecast 2023-2028
- Exhibit 60: Chart on Pullulan - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Pullulan - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Pullulan - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Pullulan - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Material
- Exhibit 64: Market opportunity by Material ($ million)
- Exhibit 65: Data Table on Market opportunity by Material ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 Asia - Market size and forecast 2023-2028
- Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)

9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)

9.7 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.8 Germany - Market size and forecast 2023-2028
- Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 ACG
- Exhibit 115: ACG - Overview
- Exhibit 116: ACG - Product / Service
- Exhibit 117: ACG - Key offerings

12.4 Ajix Inc.
- Exhibit 118: Ajix Inc. - Overview
- Exhibit 119: Ajix Inc. - Product / Service
- Exhibit 120: Ajix Inc. - Key news
- Exhibit 121: Ajix Inc. - Key offerings

12.5 Dah Feng Capsule Industry Co. Ltd.
- Exhibit 122: Dah Feng Capsule Industry Co. Ltd. - Overview
- Exhibit 123: Dah Feng Capsule Industry Co. Ltd. - Product / Service
- Exhibit 124: Dah Feng Capsule Industry Co. Ltd. - Key offerings

12.6 Erawat Pharma Ltd.
- Exhibit 125: Erawat Pharma Ltd. - Overview
- Exhibit 126: Erawat Pharma Ltd. - Product / Service
- Exhibit 127: Erawat Pharma Ltd. - Key offerings

12.7 Evonik Industries AG
- Exhibit 128: Evonik Industries AG - Overview
- Exhibit 129: Evonik Industries AG - Business segments
- Exhibit 130: Evonik Industries AG - Key news
- Exhibit 131: Evonik Industries AG - Key offerings
- Exhibit 132: Evonik Industries AG - Segment focus

12.8 JC Biotech Pvt. Ltd.
- Exhibit 133: JC Biotech Pvt. Ltd. - Overview
- Exhibit 134: JC Biotech Pvt. Ltd. - Product / Service
- Exhibit 135: JC Biotech Pvt. Ltd. - Key offerings

12.9 Lefancaps LTD.
- Exhibit 136: Lefancaps LTD. - Overview
- Exhibit 137: Lefancaps LTD. - Product / Service
- Exhibit 138: Lefancaps LTD. - Key offerings

12.10 Lonza Group Ltd.
- Exhibit 139: Lonza Group Ltd. - Overview
- Exhibit 140: Lonza Group Ltd. - Business segments
- Exhibit 141: Lonza Group Ltd. - Key news
- Exhibit 142: Lonza Group Ltd. - Key offerings
- Exhibit 143: Lonza Group Ltd. - Segment focus

12.11 Mitsubishi Chemical Group Corp.
- Exhibit 144: Mitsubishi Chemical Group Corp. - Overview
- Exhibit 145: Mitsubishi Chemical Group Corp. - Business segments
- Exhibit 146: Mitsubishi Chemical Group Corp. - Key offerings
- Exhibit 147: Mitsubishi Chemical Group Corp. - Segment focus

12.12 Natural Capsules Ltd.
- Exhibit 148: Natural Capsules Ltd. - Overview
- Exhibit 149: Natural Capsules Ltd. - Business segments
- Exhibit 150: Natural Capsules Ltd. - Key offerings
- Exhibit 151: Natural Capsules Ltd. - Segment focus

12.13 Qingdao Yiqing Biotechnology Co. Ltd.
- Exhibit 152: Qingdao Yiqing Biotechnology Co. Ltd. - Overview
- Exhibit 153: Qingdao Yiqing Biotechnology Co. Ltd. - Product / Service
- Exhibit 154: Qingdao Yiqing Biotechnology Co. Ltd. - Key offerings

12.14 Shaanxi Genex Bio Tech Co. Ltd.
- Exhibit 155: Shaanxi Genex Bio Tech Co. Ltd. - Overview
- Exhibit 156: Shaanxi Genex Bio Tech Co. Ltd. - Product / Service
- Exhibit 157: Shaanxi Genex Bio Tech Co. Ltd. - Key offerings

12.15 Silvaco AS
- Exhibit 158: Silvaco AS - Overview
- Exhibit 159: Silvaco AS - Product / Service
- Exhibit 160: Silvaco AS - Key offerings

12.16 Suheung Co. Ltd.
- Exhibit 161: Suheung Co. Ltd. - Overview
- Exhibit 162: Suheung Co. Ltd. - Product / Service
- Exhibit 163: Suheung Co. Ltd. - Key offerings

12.17 Sunil Healthcare Ltd.
- Exhibit 164: Sunil Healthcare Ltd. - Overview
- Exhibit 165: Sunil Healthcare Ltd. - Product / Service
- Exhibit 166: Sunil Healthcare Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 167: Inclusions checklist
- Exhibit 168: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 169: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 170: Research methodology
- Exhibit 171: Validation techniques employed for market sizing
- Exhibit 172: Information sources

13.5 List of abbreviations
- Exhibit 173: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

vegetable capsules market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis