Consequentially, the covid -19 has exhibited a positive influence on the market growth and is likely to lead the market growth in the approaching years. Additionally, there were many patients that have risen rapidly all over the world, creating a huge requirement for the empty capsules industry. During this period, various pharmaceutical companies have highly invested in the production and supply of vaccines, medication, nutraceuticals, etc., which fuels the growth of the empty capsules industry. The outbreak of the COVID-19 has proved to be a supportive factor toward the growth of the industry. Moreover, the rising number of research & development activities towards the improvement of pharmaceutical industries and increasing government and public spending on healthcare will also propel the empty capsules market growth in forthcoming years. In addition, the rising prevalence of infectious and viral diseases and increasing application of empty capsules in industries such as pharmaceutical, nutraceutical, cosmetic, and research laboratories are also projected to bolster the empty capsules demand. The empty capsules are used as the covering for the pharmaceutical drugs, chemicals, and powders. Know more about this report : Request for sample pages The growing public awareness of personal care, coupled with the development of the pharmaceutical industries, has witnessed a lucrative growth of the industry across the globe. The global empty capsules market was valued at USD 2.69 billion in 2021 and is expected to grow at a CAGR of 6.8% during the forecast period.
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