Liquid Capsule Filling Machines Market is Set to Cross US$ 231.7 Million at a CAGR of 2.9% During Forecast Period 2023 to 2033

NEWARK, DE / ACCESSWIRE / May 22, 2023 / The global Liquid Capsule Filling Machines Market size is slated to surpass a valuation of US$ 174.1 Million in 2023. It is expected to attain a valuation of US$ 231.7 Million by 2033. The market is predicted to register a CAGR of 2.9% from 2023 to 2033.

Liquid capsules offer several advantages over other dosage forms. Compared to tablets or pills, they are easy to swallow, allow for precise and accurate dosage, have better bioavailability of some medications, and have great durability. Pharmaceutical firms are creating liquid-based formulations as a result, which is increasing the need for liquid capsule-filling machines.

Pharmaceutical production is hugely productive and cost-effective due to automated procedures provided by liquid capsule filling machines. High production quantities could potentially be handled by these machines, which lower labour costs and boost overall manufacturing effectiveness. The demand for liquid capsule filling machines is growing as businesses try to make their processes efficient.

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The increasing technological advancements due to increased research and development activities are predicted to create lucrative growth opportunities in the market. With increases in automation, precise dosing, and production effectiveness, liquid capsule filling machines have made enormous advances in recent years.

The machines are now reliable, economical, and able to satisfy the rising needs of the pharmaceutical business due to these developments. Additionally, the increasing trend of personalized medications is likely to flourish in market growth. Since liquid capsule filling machines can create small quantities of medications, they are the perfect choice for companies that manufacture customized medications and aid the market's expansion.

Key Takeaways:

The global liquid capsule filling machines market developed at a CAGR of 2.4% from 2018 to 2022.

In 2018, the global market size stood at US$ 154.2 Million.

In 2022, the market size accounted for US$ 169.2 Million.

In 2022, the automatic machine segment captured 88.6% of the market share.

In 2022, the drug manufacturing segment by end-user occupied 81.7% of the market share.

In 2022, North America occupied a 35.0% share of the global market.

In 2022, the United States accounted for 31.7% of the share in the global market.

In 2022, Europe captured a 27.3% share of the global market.

In 2022, Germany occupied a 3.4% share of the global market.

In 2022, the United Kingdom garnered a 1.9% share of the global market.

In 2022, India accounted for 2.7% of the share of the global market.

China occupied 3.4% of the global market share in 2022.

Recent Developments Observed:

Hudi PharmaX introduced DEDALO Dx, a cutting-edge line of capsule filling machines, in April 2021. DEDALO Dx is a multi-dosing, accurate, little entirely automatic capsule filling machine that helps organizations save API, time, and ultimately money when it comes to research and development, pilot, and small batch manufacturing.

To re-establish North American pharmaceutical and OTC medication production, a new liquid-filled hard capsule manufacturing service was launched by CapsCanada in October 2021.

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Major Players:

Schaefer Technologies Inc.

Dott Bonapace

Torpac Inc.

Zhejiang Fuchang Machinery

Hanlin Hangyu Industrial

ACG Worldwide

MG2

IMA Pharma

Capsugel

Bosch Packaging Technology

Key Segmentation:

By Machine Type:

Semi-automatic

Automatic

By Output Capacity:

Up to 6,000 C/hr

6,001 to 12,000 C/hr

12,001 to 25,000 C/hr

25,001 to 70,000 C/hr

70,001 to 90,000 C/hr

By Capsule Type:

Hardgel

Softgel

By End-user:

R&D Labs

Drug Manufacturing

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Table of Content (ToC):

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Machine Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Type, 2018 to 2022

Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-11140

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