According to a recent report published by Future Market Insights, the global liquid capsule filling machines market is on track to witness impressive growth over the next decade. The market, valued at USD 174.1 million in 2023, is projected to reach USD 231.7 million by 2033, registering a moderate CAGR of 2.9% from 2023 to 2033.
Automation Reigns Supreme: Speed and Efficiency Lead the Way
Within the liquid capsule filling machine market, automatic machines dominate. Pharmaceutical companies prioritize automation for several reasons:
- Minimized Downtime: Automatic machines ensure high-volume production with minimal interruptions, crucial for meeting market demands. In 2022, automatic machines held an impressive 88.6% market share.
- Competitive Edge: Automation allows pharmaceutical companies to stay competitive by addressing market needs efficiently.
- Quality Control: Automation can enhance consistency and quality control in the production of liquid capsules.
Additional Factors Driving Growth:
- Growing demand for dietary supplements: An expanding global population increasingly seeks dietary supplements to support their health.
- Rising healthcare expenditure: Increased investment in health and wellness worldwide creates a fertile ground for the nutraceutical market.
- Mounting drug production: The rising demand for medications necessitates increased drug production, fueling the need for efficient capsule filling solutions.
- Incorporation of advanced technologies: The integration of innovative technologies into liquid capsule filling machines holds promise for further market expansion.
Access Full Report: https://www.futuremarketinsights.com/reports/liquid-capsule-filling-machines-market
Market 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
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa (MEA)
