Vegetarian Capsules Market Size and Forecast (2021-2031)

Vegetarian Capsules Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product [Hydroxypropyl Methyl Cellulose (HPMC), Pullulan, and Others], Application (Antibiotic and Antibacterial Drugs, Vitamin and Dietary Supplements, Anti-inflammatory, Cardiovascular Therapy, Antacid and Antiaffluent, and Others), Functionality (Immediate-Release, Sustained-Release, and Delayed-Release), End User (Pharmaceutical Industry, Nutraceutical Industry, Contract Manufacturing Organizations, and Cosmetic Industry), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

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Description

The vegetarian capsules market size is projected to grow from US$ 1.8 billion in 2023 to US$ 3.5 billion by 2031; the market is estimated to record a CAGR of 8.4% during 2021–2031. The rising preference for vegan capsules over gelatin-based capsules and growing demand for vegetable capsules despite their high cost. However, product recall hamper the vegetarian capsules market growth. Furthermore, outsourcing of vegetarian capsule are likely to remain key vegetarian capsules market trends during 2021-2031.

Growth Drivers:

Rising Preference for Vegan Capsules Over Gelatin-Based Capsules Drives Market Growth

For many years, medical, religious, cultural, and ethical concerns have been about adding animal substances to capsule coatings or formulations in pharmaceutical medicines. Also, some consumers expressed concerns over using animal-derived pharmaceutical medicines due to the associated healthcare risks. In July 2023, the Center for Disease Control and Prevention (CDC) published a report stating that consumption of animal-derived medicines and supplements is responsible to cause Alpha-gal syndrome (AGS) among patients. Also, AGS patients revealed serious allergic reactions after consuming medications or supplements that include mammalian-derived ingredients. Such instances have raised the manufacturers’ interest in producing animal-free medications and supplements.

Table: Comparative Analysis Between Gelatin Capsules and Vegetarian Capsules

Factors Gelatin Capsules Vegetarian Capsules

Source Bovine, Cow, and Pigs Plants

Target Audience Vegan, Vegetarian, and Nonvegetarian Population Vegan or Vegetarian Population

Allergy Allergy Due to Cow and Pig-Based Ingredients No Allergies

Cross Linking Ingredients Cross Linking with Other Drug-Drug Derivatives No Cross Linking

External Ingredients Preservatives No Preservatives

Source: The Insight Partners Analysis

Currently, the high volume of pharmaceutical capsules available in the market are composed of gelatin. However, the crosslinking of the gelatin with drug incompatibilities and strict regulations on the use of animal-derived gelatin have encouraged pharmaceutical manufacturers to replace gelatin components with vegetable-based ingredients. Pharmaceutical manufacturers identified that hydroxypropyl methylcellulose (HPMC)-derived vegetarian capsules are a good alternative to gelatin due to their vegetable-derived source. Vegicaps soft capsules is the best example of animal-free capsules. The shell is composed of seaweed extract and gluten-free starch containing no modified sugars and artificial colors. Advantages of Vegicaps soft capsules are that they are free from animal derivatives, easy to swallow, soft, natural, and healthier products. In the case of gelatin-based capsules, the shell may get soft and become sticky upon spraying aqueous enteric polymer dispersions or may become brittle due to water evaporation during drying, ultimately losing mechanical stability. However, HPMC-derived vegetarian capsules are less sensitive to aqueous coating, and the capsule shell is hard to avoid leakage of the ingredients.

Therefore, the rising preference toward vegetarian medicines proves advantageous for manufacturers in accelerating the production of vegetarian capsules, which drives the growth of vegetarian capsules in the market.

Report Segmentation and Scope:

Vegetarian Capsules Market, by Product:

Based on product, the vegetarian capsules market analysis is carried out by considering the following subsegments: Hydroxypropyl Methyl Cellulose (HPMC), pullulan, and others. The HPMC segment held the largest market share in 2023. The pullulan segment is anticipated to register the highest CAGR of 9.0% during the forecast period.

Vegetarian Capsules Market, by Application:

By application, the vegetarian capsules market is segmented into antibiotic & antibacterial drugs, vitamin and dietary supplements, anti-inflammatory, cardiovascular therapy, antacid & anti affluent, and others. The antibiotic & antibacterial drugs segment held the largest vegetarian capsules market share in 2023. The vitamin and dietary supplements segment is anticipated to register the highest CAGR of 9.3% during the forecast period.

Vegetarian Capsules Market, by Functionality:

The vegetarian capsules market, based on functionality, is segmented into immediate-release, sustained-release, and delayed-release. The immediate-release segment held the largest market share in 2023. The sustained-release segment is anticipated to register the highest CAGR of 9.2% during the forecast period.

Vegetarian Capsules Market, by End User:

• By end user, the vegetarian capsules market is segmented into pharmaceutical industry, nutraceutical industry, contract manufacturing organizations, and cosmetic industry. The pharmaceutical industry segment held the largest vegetarian capsules market share in 2023 and is anticipated to register the highest CAGR of 8.8% during the forecast period.

Regional Analysis:

The geographic scope of the vegetarian capsules market report is mainly segmented into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. Global and regional market analysis covering key market trends, major players, regulations, and recent market developments.

Asia Pacific has dominated the vegetarian capsules market and is anticipated to grow with the highest CAGR in the coming years. In 2023, Asia Pacific held the largest vegetarian capsules market share. India is the largest contributor to the market in Asia Pacific. Further, North America holds the second-largest share of the global market. In the North America market, the US holds the largest share.

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According to our new research study on “Vegetarian Capsules Market Size and Forecast to 2031 –Impact and Country Analysis – by Product, Application, Functionality, and End User,” the vegetarian capsules market size is projected to grow from US$ 1.8 billion in 2023 to US$ 3.5 billion by 2031; the market is estimated to record a CAGR of 8.4% during 2023–2031. The vegetarian capsules market report emphasizes key driving factors such as the rising preference for vegan capsules over gelatin-based capsules and growing demand for vegetable capsules despite their high cost. However, product recall impede the market growth. The outsourcing of vegetarian capsule are likely to remain key vegetarian capsules market trends.

Market Opportunity

Innovative Product Launches of Vegetarian Capsules

Innovation in vegetarian capsule products is of utmost importance for manufacturers to promote it as the best alternative to gelatin capsules. Nutraceutical companies are launching modified-release vegetarian capsules for effective drug absorption and to achieve predetermined clinical objectives.

“DRcaps capsules” by Lonza’s (Capsugel) are vegetarian capsules manufactured using hydroxypropyl methylcellulose (HPMC), which disintegrates more slowly than traditional gelatin capsules. Such HPMC-derived vegetarian capsules keep the ingredients intact in the capsule shell. Also, DRcaps capsules do not require any external application of chemical coatings to keep the ingredients intact, mask taste, or postpone the release of the active ingredients, proving advantageous for consumers who doubt capsule coatings as “unnatural.” The clinical in-vitro studies on DRcaps capsules reveal that the capsule contents are intact for at least 30 minutes, with a gastric pH of 1.2, and disintegrate fully at an intestinal pH of 6.8. The DRcaps capsules are modified-release vegetarian capsule types that benefit consumers dealing with bad taste or aftertaste caused by some ingredients. Further, these capsules can eliminate certain disintegration steps such as coating, which reduces high production costs and time.

Several nutraceutical manufacturers are developing acid-resistant vegetarian capsules as probiotics cannot travel through stomach acid. Several probiotic products contain “strains” that cannot survive the passage of stomach acid. The SILVACO company’s “Acid-Resistant vegetable HPMC capsules” can pass through the stomach acid, travel in low-pH environments, and quickly disintegrate in the intestinal tract.

Vegetarian capsule manufactures are developing innovative products to obtain predetermined clinical objectives and gain a significant advantage over gelatin capsules, which is expected to offer lucrative opportunities for the vegetarian capsules market during the forecast period.

Report Segmentation and Scope:

Key segments that contributed to the derivation of the vegetarian capsules market analysis are product, application, functionality, and end user.

• Based on product, the vegetarian capsules market is segmented into Hydroxypropyl Methyl Cellulose (HPMC), pullulan, and others. The HPMC segment held the largest market share in 2023.

• By application, the market is segmented into antibiotic & antibacterial drugs, vitamin and dietary supplements, anti-inflammatory, cardiovascular therapy, antacid & antiaffluent, and others. The antibiotic and antibacterial drugs segment held the largest share of the market in 2023.

• In terms of functionality, the market is segregated into immediate-release, sustained-release, and delayed-release. The immediate-release segment dominated the market in 2023.

• In terms of end user, the market is segmented into pharmaceutical industry, nutraceutical industry, contract manufacturing organizations, and cosmetic industry. The pharmaceutical industry segment dominated the market in 2023.

• In terms of end user, the market is segmented into poultry farms, veterinary hospitals, and poultry vaccination centers & clinics. The poultry farms segment dominated the market in 2023.

Product-Based Insights

By product, the vegetarian capsules market is segmented as Hydroxypropyl Methyl Cellulose (HPMC), pullulan, and others. The Hydroxypropyl Methyl Cellulose (HPMC) segment held the largest share of the market in 2023. HPMC capsules are a plant-based alternative to traditional gelatin capsules. The HPMC capsules are suitable for vegetarians, vegans, and consumers with specific religious dietary needs, setting them apart from traditional animal-based options. Most health supplements are made with the HPMC material as it has no smell or taste and is safe for vegetarians and vegans. The “QUALI-V-N” manufactured by Qualicaps is a plant-derived HPMC-based capsule containing no animal-derived material/formulation. It is chemically stable and unaffected by the drug content. Furthermore, the HPMC capsules can be customized in terms of size, color, and dosage like gelatin and pullulan capsules. Therefore, Hydroxypropyl Methyl Cellulose (HPMC) will bolster the vegetarian capsules market growth during the forecast period.

Application-Based Insights

In terms of application, the market is categorized into antibiotic & antibacterial drugs, vitamin and dietary supplements, anti-inflammatory, cardiovascular therapy, antacid & antiaffluent, and others. The antibiotic & antibacterial drugs segment dominated the market in 2023. Antibiotic and antibacterial supplements, including antibacterial, antifungal, antiviral, and antiparasitic agents, eliminate or slow down the spread of microorganisms. Manufacturers such as Wren Laboratories manufacture vegan supplements with antibiotic and antibacterial properties, including Optibac Probiotic products. The product is well suited for patients already on antibiotics but looking for a high-quality, friendly bacterial supplement that can be taken alongside the course of antibiotics. Optibac’s Probiotic product includes bacterial strains such as Lactobacillus rhamnosus Rosell-11, Bifidobacterium lactis Lafti B94 and Lactobacillus acidophilus/helveticus Rosell-52. Further, the vegan and gluten-free products contain no added sweeteners or flavorings.

Functionality-Based Insights

In terms of functionality, the market is segregated into immediate-release, sustained-release, and delayed-release. The immediate-release segment dominated the market in 2023. Rapid and consistent in-vivo drug dissolution of the capsules is critical for drug absorption. Such immediate-release capsules offer an excellent dissolution profile with pH-independent performance, low moisture content, great machinability, and visual quality. Therefore, manufacturers are performing several trials to compare gelatin (animal-derived capsules) with HPMC (plant-derived) capsules. Capsugel’s “Vcaps Plus,” an HPMC-derived immediate-release vegetarian capsule, has an in-vivo performance that has bioequivalent properties like gelatin-coated capsules.

End User-Based Insights

In terms of end user, the market is segmented into pharmaceutical industry, nutraceutical industry, contract manufacturing organizations, and cosmetic industry. The pharmaceutical industry segment dominated the market in 2023. Demand for vegetarian supplements is rising among young people to maintain a healthy and balanced lifestyle. According to Lonza’s published survey in the US, in 2023, 44% of supplement users in the US consider that vegetarianism is important when choosing a supplement, up from 26% in 2006. Such a high increase is due to consumers’ shift toward non-animal-based products with no addition of pesticides or preservatives. With the rising consumption of animal-free supplements, top pharmaceutical manufacturers such as ACG, Lonza, and others are developing the purest vegetarian supplement products. For instance, Lonza continuously invests in research and development (R&D) to bring new solutions for the effective delivery of supplements under the vegetarian and plant-based capsules portfolio. Also, each product developed is preservative-free, GMO-free, gluten-free, and biodegradable.

Shanxi Guangsheng Medicinal Capsules (GS Capsules); Lefancaps; SUHEUNG; ACG; Capsugel, Inc. (Subsidary of Lonza Group AG); HealthCaps India; NATURAL CAPSULES LIMITED; Sunil Healthcare Limited; QUALICAPS; Zhejiang Honghui Capsule Co., Ltd.; BrightCaps GmbH; CapsCanada; Zhejiang Huili Capsules Co., Ltd.; and Yasin are among the key companies operating in the vegetarian capsules market. Leading players adopt strategies such as launching new products, expanding and diversifying their market presence, and expanding new customer base to tap prevailing business opportunities.

Industry Developments and Future Opportunities:

Various strategic developments by leading players operating in the vegetarian capsules market are listed below:

• In March 2021, ACG announced a new “ACGcaps NTone and ACGcaps TSafe,” a range of capsules for nutraceutical consumers. The “ACGcaps NTone” product is naturally colored capsules and aesthetically appealing color solutions such as Ocean Blue, Sunny Yellow, Desert Brown, Purple Pure Carrot, and Red Pure Radish. The company claims that the colors are safe and nontoxic without containing any artificial ingredients, and there is no change in product shelf-life as compared to synthetic-colored capsules. (Source: ACG Company Name, Press Release/Company Website/Newsletter, 2021).

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the vegetarian capsules market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the global vegetarian capsules market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Vegetarian Capsules Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 List of Raw Material Suppliers
4.3.1 List of Raw Material Suppliers
4.3.2 List of Raw Material Suppliers for Pullulan
4.3.3 Variant types of HPMC Use in Formulation
5. Vegetarian Capsules Market – Key Market Dynamics
5.1 Vegetarian Capsules Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Preference for Vegan Capsules Over Gelatin-Based Capsules
5.2.2 Growing Demand for Vegetable Capsules Despite Their High Cost
5.3 Market Restraints
5.3.1 Risks of Product Recalls
5.4 Market Opportunities
5.4.1 Innovative Product Launches of Vegetarian Capsules
5.5 Future Trends
5.5.1 Outsourcing of Vegetarian Capsules
5.6 Impact of Drivers and Restraints:
6. Vegetarian Capsules Market – Global Market Analysis
6.1 Vegetarian Capsules Market Revenue (US$ Million), 2021–2031
7. Vegetarian Capsules Market Analysis – by Product
7.1 Overview
7.2 Global: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
7.3 Hydroxypropyl Methylcellulose (HPMC)
7.3.1 Overview
7.3.2 Hydroxypropyl Methylcellulose (HPMC): Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Pullulan
7.4.1 Overview
7.4.2 Pullulan: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8. Vegetarian Capsules Market Analysis – by Application
8.1 Overview
8.2 Antibiotic and Antibacterial Drug
8.2.1 Overview
8.2.2 Antibiotic and Antibacterial Drug: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Vitamin and Dietary Supplement
8.3.1 Overview
8.3.2 Vitamin and Dietary Supplement: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Anti Inflammatory Drugs
8.4.1 Overview
8.4.2 Anti Inflammatory Drugs: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Cardiovascular Therapy Drugs
8.5.1 Overview
8.5.2 Cardiovascular Therapy Drugs: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8.6 Antacid and Antiflatulent Preparation
8.6.1 Overview
8.6.2 Antacid and Antiflatulent Preparation: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
9. Vegetarian Capsules Market Analysis – by Functionality
9.1 Overview
9.2 Immediate Release Capsules
9.2.1 Overview
9.2.2 Immediate Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Sustained Release Capsules
9.3.1 Overview
9.3.2 Sustained Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Delayed Release Capsules
9.4.1 Overview
9.4.2 Delayed Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
10. Vegetarian Capsules Market Analysis – by End User
10.1 Overview
10.2 Pharmaceutical Companies
10.2.1 Overview
10.2.2 Pharmaceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Nutraceutical Companies
10.3.1 Overview
10.3.2 Nutraceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Contract Manufacturing Organizations (CMOs)
10.4.1 Overview
10.4.2 Contract Manufacturing Organizations (CMOs): Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
10.5 Cosmeceutical Companies
10.5.1 Overview
10.5.2 Cosmeceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11. Vegetarian Capsules Market – Geographical Analysis
11.1 North America
11.1.1 North America Vegetarian Capsules Market Overview
11.1.2 North America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.2.1 North America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Product
11.1.2.2 North America: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.1.2.3 North America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Application
11.1.2.4 North America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Functionality
11.1.2.5 North America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by End User
11.1.3 North America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Country
11.1.3.1 United States: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.1.1 Overview
11.1.3.2 United States: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.2.1 United States: Vegetarian Capsules Market Breakdown, by Product
11.1.3.2.2 United States: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.1.3.2.3 United States: Vegetarian Capsules Market Breakdown, by Application
11.1.3.2.4 United States: Vegetarian Capsules Market Breakdown, by Functionality
11.1.3.2.5 United States: Vegetarian Capsules Market Breakdown, by End User
11.1.3.3 Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.3.1 Overview
11.1.3.4 Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.4.1 Canada: Vegetarian Capsules Market Breakdown, by Product
11.1.3.4.2 Canada: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.1.3.4.3 Canada: Vegetarian Capsules Market Breakdown, by Application
11.1.3.4.4 Canada: Vegetarian Capsules Market Breakdown, by Functionality
11.1.3.4.5 Canada: Vegetarian Capsules Market Breakdown, by End User
11.1.3.5 Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.5.1 Overview
11.1.3.6 Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.1.3.6.1 Mexico: Vegetarian Capsules Market Breakdown, by Product
11.1.3.6.2 Mexico: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.1.3.6.3 Mexico: Vegetarian Capsules Market Breakdown, by Application
11.1.3.6.4 Mexico: Vegetarian Capsules Market Breakdown, by Functionality
11.1.3.6.5 Mexico: Vegetarian Capsules Market Breakdown, by End User
11.2 Europe
11.2.1 Europe Vegetarian Capsules Market Overview
11.2.2 Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.2.1 Europe: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Product
11.2.2.2 Europe: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.2.3 Europe: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Application
11.2.2.4 Europe: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Functionality
11.2.2.5 Europe: Vegetarian Capsules Market – Revenue and Forecast Analysis – by End User
11.2.3 Europe: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Country
11.2.3.1 United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.1.1 Overview
11.2.3.2 United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.2.1 United Kingdom: Vegetarian Capsules Market Breakdown, by Product
11.2.3.2.2 United Kingdom: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.2.3 United Kingdom: Vegetarian Capsules Market Breakdown, by Application
11.2.3.2.4 United Kingdom: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.2.5 United Kingdom: Vegetarian Capsules Market Breakdown, by End User
11.2.3.3 Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.3.1 Overview
11.2.3.4 Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.4.1 Germany: Vegetarian Capsules Market Breakdown, by Product
11.2.3.4.2 Germany: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.4.3 Germany: Vegetarian Capsules Market Breakdown, by Application
11.2.3.4.4 Germany: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.4.5 Germany: Vegetarian Capsules Market Breakdown, by End User
11.2.3.5 France: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.5.1 Overview
11.2.3.6 France: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.6.1 France: Vegetarian Capsules Market Breakdown, by Product
11.2.3.6.2 France: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.6.3 France: Vegetarian Capsules Market Breakdown, by Application
11.2.3.6.4 France: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.6.5 France: Vegetarian Capsules Market Breakdown, by End User
11.2.3.7 Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.7.1 Overview
11.2.3.8 Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.8.1 Italy: Vegetarian Capsules Market Breakdown, by Product
11.2.3.8.2 Italy: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.8.3 Italy: Vegetarian Capsules Market Breakdown, by Application
11.2.3.8.4 Italy: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.8.5 Italy: Vegetarian Capsules Market Breakdown, by End User
11.2.3.9 Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.9.1 Overview
11.2.3.10 Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.10.1 Spain: Vegetarian Capsules Market Breakdown, by Product
11.2.3.10.2 Spain: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.10.3 Spain: Vegetarian Capsules Market Breakdown, by Application
11.2.3.10.4 Spain: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.10.5 Spain: Vegetarian Capsules Market Breakdown, by End User
11.2.3.11 Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.11.1 Overview
11.2.3.12 Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3.12.1 Rest of Europe: Vegetarian Capsules Market Breakdown, by Product
11.2.3.12.2 Rest of Europe: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.2.3.12.3 Rest of Europe: Vegetarian Capsules Market Breakdown, by Application
11.2.3.12.4 Rest of Europe: Vegetarian Capsules Market Breakdown, by Functionality
11.2.3.12.5 Rest of Europe: Vegetarian Capsules Market Breakdown, by End User
11.3 Asia Pacific
11.3.1 Asia Pacific Vegetarian Capsules Market Overview
11.3.2 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.2.1 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Product
11.3.2.2 Asia Pacific: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.2.3 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Application
11.3.2.4 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Functionality
11.3.2.5 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast Analysis – by End User
11.3.3 Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Country
11.3.3.1 India: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.1.1 Overview
11.3.3.2 India: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.2.1 India: Vegetarian Capsules Market Breakdown, by Product
11.3.3.2.2 India: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.2.3 India: Vegetarian Capsules Market Breakdown, by Application
11.3.3.2.4 India: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.2.5 India: Vegetarian Capsules Market Breakdown, by End User
11.3.3.3 China: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.3.1 Overview
11.3.3.4 China: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.4.1 China: Vegetarian Capsules Market Breakdown, by Product
11.3.3.4.2 China: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.4.3 China: Vegetarian Capsules Market Breakdown, by Application
11.3.3.4.4 China: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.4.5 China: Vegetarian Capsules Market Breakdown, by End User
11.3.3.5 Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.5.1 Overview
11.3.3.6 Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.6.1 Japan: Vegetarian Capsules Market Breakdown, by Product
11.3.3.6.2 Japan: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.6.3 Japan: Vegetarian Capsules Market Breakdown, by Application
11.3.3.6.4 Japan: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.6.5 Japan: Vegetarian Capsules Market Breakdown, by End User
11.3.3.7 South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.7.1 Overview
11.3.3.8 South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.8.1 South Korea: Vegetarian Capsules Market Breakdown, by Product
11.3.3.8.2 South Korea: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.8.3 South Korea: Vegetarian Capsules Market Breakdown, by Application
11.3.3.8.4 South Korea: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.8.5 South Korea: Vegetarian Capsules Market Breakdown, by End User
11.3.3.9 Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.9.1 Overview
11.3.3.10 Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.10.1 Australia: Vegetarian Capsules Market Breakdown, by Product
11.3.3.10.2 Australia: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.10.3 Australia: Vegetarian Capsules Market Breakdown, by Application
11.3.3.10.4 Australia: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.10.5 Australia: Vegetarian Capsules Market Breakdown, by End User
11.3.3.11 Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.11.1 Overview
11.3.3.12 Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3.12.1 Rest of APAC: Vegetarian Capsules Market Breakdown, by Product
11.3.3.12.2 Rest of APAC: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.3.3.12.3 Rest of APAC: Vegetarian Capsules Market Breakdown, by Application
11.3.3.12.4 Rest of APAC: Vegetarian Capsules Market Breakdown, by Functionality
11.3.3.12.5 Rest of APAC: Vegetarian Capsules Market Breakdown, by End User
11.4 Middle East and Africa
11.4.1 Middle East and Africa Vegetarian Capsules Market Overview
11.4.2 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.2.1 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Product
11.4.2.2 Middle East and Africa: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.4.2.3 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Application
11.4.2.4 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Functionality
11.4.2.5 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast Analysis – by End User
11.4.3 Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Country
11.4.3.1 Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.1.1 Overview
11.4.3.2 Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.2.1 Saudi Arabia: Vegetarian Capsules Market Breakdown, by Product
11.4.3.2.2 Saudi Arabia: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.4.3.2.3 Saudi Arabia: Vegetarian Capsules Market Breakdown, by Application
11.4.3.2.4 Saudi Arabia: Vegetarian Capsules Market Breakdown, by Functionality
11.4.3.2.5 Saudi Arabia: Vegetarian Capsules Market Breakdown, by End User
11.4.3.3 South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.3.1 Overview
11.4.3.4 South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.4.1 South Africa: Vegetarian Capsules Market Breakdown, by Product
11.4.3.4.2 South Africa: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.4.3.4.3 South Africa: Vegetarian Capsules Market Breakdown, by Application
11.4.3.4.4 South Africa: Vegetarian Capsules Market Breakdown, by Functionality
11.4.3.4.5 South Africa: Vegetarian Capsules Market Breakdown, by End User
11.4.3.5 United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.5.1 Overview
11.4.3.6 United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.6.1 United Arab Emirates: Vegetarian Capsules Market Breakdown, by Product
11.4.3.6.2 United Arab Emirates: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.4.3.6.3 United Arab Emirates: Vegetarian Capsules Market Breakdown, by Application
11.4.3.6.4 United Arab Emirates: Vegetarian Capsules Market Breakdown, by Functionality
11.4.3.6.5 United Arab Emirates: Vegetarian Capsules Market Breakdown, by End User
11.4.3.7 Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.7.1 Overview
11.4.3.8 Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3.8.1 Rest of Middle East and Africa: Vegetarian Capsules Market Breakdown, by Product
11.4.3.8.2 Rest of Middle East and Africa: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.4.3.8.3 Rest of Middle East and Africa: Vegetarian Capsules Market Breakdown, by Application
11.4.3.8.4 Rest of Middle East and Africa: Vegetarian Capsules Market Breakdown, by Functionality
11.4.3.8.5 Rest of Middle East and Africa: Vegetarian Capsules Market Breakdown, by End User
11.5 South and Central America
11.5.1 South and Central America Vegetarian Capsules Market Overview
11.5.2 South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.2.1 South and Central America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Product
11.5.2.2 South and Central America: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.5.2.3 South and Central America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Application
11.5.2.4 South and Central America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Functionality
11.5.2.5 South and Central America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by End User
11.5.3 South and Central America: Vegetarian Capsules Market – Revenue and Forecast Analysis – by Country
11.5.3.1 Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.1.1 Overview
11.5.3.2 Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.2.1 Brazil: Vegetarian Capsules Market Breakdown, by Product
11.5.3.2.2 Brazil: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.5.3.2.3 Brazil: Vegetarian Capsules Market Breakdown, by Application
11.5.3.2.4 Brazil: Vegetarian Capsules Market Breakdown, by Functionality
11.5.3.2.5 Brazil: Vegetarian Capsules Market Breakdown, by End User
11.5.3.3 Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.3.1 Overview
11.5.3.4 Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.4.1 Argentina: Vegetarian Capsules Market Breakdown, by Product
11.5.3.4.2 Argentina: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.5.3.4.3 Argentina: Vegetarian Capsules Market Breakdown, by Application
11.5.3.4.4 Argentina: Vegetarian Capsules Market Breakdown, by Functionality
11.5.3.4.5 Argentina: Vegetarian Capsules Market Breakdown, by End User
11.5.3.5 Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.5.1 Overview
11.5.3.6 Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3.6.1 Rest of South and Central America: Vegetarian Capsules Market Breakdown, by Product
11.5.3.6.2 Rest of South and Central America: Vegetarian Capsules Market – Volume and Forecast Analysis – by Product
11.5.3.6.3 Rest of South and Central America: Vegetarian Capsules Market Breakdown, by Application
11.5.3.6.4 Rest of South and Central America: Vegetarian Capsules Market Breakdown, by Functionality
11.5.3.6.5 Rest of South and Central America: Vegetarian Capsules Market Breakdown, by End User
12. Company Profiles
12.1 Shanxi Guangsheng Medicinal Capsules Co (GS Capsules)
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Lefancaps
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SUHEUNG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ACG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Capsugel, Inc (A subsidiary of Lonza Group AG)
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 HealthCaps India
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NATURAL CAPSULES LIMITED
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sunil Healthcare Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 QUALICAPS
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Zhejiang Honghui Capsule Co., Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 BrightCaps GmbH
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 CapsCanada
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 Zhejiang Huili Capsules Co., Ltd.
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Yasin
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
13. Appendix
13.1 About the Research Team
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Vegetarian Capsules Market Segmentation
Table 2. Comparative Analysis Between Gelatin Capsules and Vegetarian Capsules
Table 3. Global: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 4. North America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 5. North America: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 6. North America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 7. North America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 8. North America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 9. United States: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 10. United States: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 11. United States: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 12. United States: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 13. United States: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 14. Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 15. Canada: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 16. Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 17. Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 18. Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 19. Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 20. Mexico: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 21. Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 22. Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 23. Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 24. Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 25. Europe: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 26. Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 27. Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 28. Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 29. United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 30. United Kingdom: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 31. United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 32. United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 33. United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 34. Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 35. Germany: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 36. Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 37. Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 38. Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 39. France: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 40. France: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 41. France: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 42. France: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 43. France: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 44. Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 45. Italy: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 46. Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 47. Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 48. Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 49. Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 50. Spain: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 51. Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 52. Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 53. Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 54. Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 55. Rest of Europe: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 56. Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 57. Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 58. Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 59. Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 60. Asia Pacific: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 61. Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 62. Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 63. Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 64. India: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 65. India: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 66. India: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 67. India: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 68. India: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 69. China: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 70. China: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 71. China: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 72. China: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 73. China: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 74. Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 75. Japan: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 76. Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 77. Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 78. Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 79. South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 80. South Korea: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 81. South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 82. South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 83. South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 84. Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 85. Australia: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 86. Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 87. Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 88. Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 89. Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 90. Rest of APAC: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 91. Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 92. Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 93. Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 94. Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 95. Middle East and Africa: Vegetarian Capsules Market – Volume and Forecast to 2031(Million Units) – by Product
Table 96. Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 97. Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 98. Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 99. Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 100. Saudi Arabia: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 101. Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 102. Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 103. Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 104. South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 105. South Africa: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 106. South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 107. South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 108. South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 109. United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 110. United Arab Emirates: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 111. United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 112. United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 113. United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 114. Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 115. Rest of Middle East and Africa: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 116. Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 117. Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 118. Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 119. South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 120. South and Central America: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 121. South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 122. South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 123. South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 124. Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 125. Brazil: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 126. Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 127. Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 128. Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 129. Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 130. Argentina: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 131. Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 132. Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 133. Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 134. Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 135. Rest of South and Central America: Vegetarian Capsules Market – Volume and Forecast to 2031 (Million Units) – by Product
Table 136. Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 137. Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by Functionality
Table 138. Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 139. Glossary of Terms, Vegetarian Capsules Market

LIST OF FIGURES

Figure 1. Vegetarian Capsules Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Vegetarian Capsules Market Revenue (US$ Million), 2021–2031
Figure 5. Vegetarian Capsules Market, By Geography Forecast Analysis, 2023 & 2031
Figure 6. Vegetarian Capsules Market Share (%) – by Product (2023 and 2031)
Figure 7. Hydroxypropyl Methylcellulose (HPMC): Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Pullulan: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Others: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Vegetarian Capsules Market Share (%) – by Application (2023 and 2031)
Figure 11. Antibiotic and Antibacterial Drug: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Vitamin and Dietary Supplement: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Anti Inflammatory Drugs: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Cardiovascular Therapy Drugs: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Antacid and Antiflatulent Preparation: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Others: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Vegetarian Capsules Market Share (%) – by Functionality (2023 and 2031)
Figure 18. Immediate Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Sustained Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Delayed Release Capsules: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Vegetarian Capsules Market Share (%) – by End User (2023 and 2031)
Figure 22. Pharmaceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Nutraceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Contract Manufacturing Organizations (CMOs): Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Cosmeceutical Companies: Vegetarian Capsules Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. North America: Vegetarian Capsules Market by Key Countries – Revenue 2023 (US$ Million)
Figure 27. North America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. North America: Vegetarian Capsules Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 29. United States: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 30. Canada: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Mexico: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Europe: Vegetarian Capsules Market – Revenue by Key Countries Revenue 2023 (US$ Million)
Figure 33. Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. Europe: Vegetarian Capsules Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 35. United Kingdom: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 36. Germany: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 37. France: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 38. Italy: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 39. Spain: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. Rest of Europe: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Asia Pacific: Vegetarian Capsules Market – Revenue by Key Countries 2023 (US$ Million)
Figure 42. Asia Pacific: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. Asia Pacific: Vegetarian Capsules Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 44. India: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. China: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Japan: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. South Korea: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 48. Australia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 49. Rest of APAC: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 50. Middle East and Africa: Vegetarian Capsules Market by Key Countries – Revenue 2023 (US$ Million)
Figure 51. Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. Middle East and Africa: Vegetarian Capsules Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 53. Saudi Arabia: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. South Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. United Arab Emirates: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Rest of Middle East and Africa: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. South and Central America: Vegetarian Capsules Market by Key Countries – Revenue 2023 (US$ Million)
Figure 58. South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 59. South and Central America: Vegetarian Capsules Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 60. Brazil: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 61. Argentina: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)
Figure 62. Rest of South and Central America: Vegetarian Capsules Market – Revenue and Forecast to 2031(US$ Million)

The List of Companie – Vegetarian Capsules Market 
o Shanxi Guangsheng Medicinal Capsules (GS Capsules)
o Lefancaps
o SUHEUNG
o ACG
o Capsugel, Inc. (Subsidiary of Lonza Group AG)
o HealthCaps India
o NATURAL CAPSULES LIMITED
o Sunil Healthcare Limited
o QUALICAPS
o Zhejiang Honghui Capsule Co., Ltd.

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