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The Indonesia empty capsules market was valued at USD 30.08 million in 2023, driven by the rising advancements in capsule production technology and the launch of new empty capsule shells in Indonesia. The market is expected to grow at a CAGR of 4.54% during the forecast period of 2024-2032, with the values likely to reach USD 44.86 million by 2032.
Empty capsules are utilized to package pellets, powders, or tableted mixtures with active ingredients that exhibit therapeutic response upon administration. Non-pharmaceutical powder preparations and herbs can also be stored in empty capsules. Capsule shells have a body along with a cap and are commonly made with either hard gelation or hydroxypropyl methylcellulose (HPMC). The growing demand for HPMC or vegetable capsules due to certain cultural and dietary needs of the Indonesian population is expected to shape the market dynamics. The increased investment in the pharmaceutical sector in Indonesia by both local and international companies also contributes to the overall expansion of the global empty capsules market.
The growing burden of chronic diseases, the rising preference for capsule dosage forms, and the increasing demand for nutraceuticals and dietary supplements are some of the factors shaping the market landscape in Indonesia.
Advancements in Capsule Technology Set to Affect the Market Landscape Significantly
In March 2023, International Flavors & Fragrances (IFF), which operates globally and also has manufacturing facilities in Indonesia, announced that its patented SeaGel® technology has achieved the first-ever encapsulation success with liquid curcumin in the industry. The American corporation IFF partnered with AQUANOVA AG, a German-based food manufacturer specializing in liquid colloidal formulas, to encapsulate their liquid curcumin and other dietary supplements in a vegan softgel format. This advancement in softgel technology will allow the manufacturers to develop plant-based dietary supplements in high-quality, soft-sell capsules (plant-based) that are expected to perform like animal-derived gelatin. Such innovations in capsule technology are anticipated to boost the market growth in the forecast period.
Launch of New Products to Meet Rising Indonesia Empty Capsules Market Demand
In June 2024, a prominent global provider of bioscience solutions Lonza announced the launch of Capsugel® Enprotect® size 9 capsule to expedite the clinical evaluation of candidate drugs with acid-sensitive active pharmaceutical ingredients (APIs). The smaller-sized capsule serves as a preclinical solution for delivering APIs and is developed using Lonza’s innovative Capsugel® Enprotect® technology, which enables the protection of the drug payload from the acidic environment of the stomach and allows for enteric release. The new size 9 capsule facilitates pre-clinical testing in rodents and does not need an additional coating to achieve targeted enteric delivery and acid protection. The launch of such advanced empty capsules not only simplifies the formulation and manufacturing process but also accelerates clinical development and first-in-human timelines, thereby, propelling market growth.
The market is witnessing several trends and developments to improve the current scenario in Indonesia. Some of the notable trends are as follows:
Key Trends | Impact |
Rising Consumer Preference for Capsules | One of the major market trends is the rising preference for capsules, owing to their ease of swallowing, lack of taste, and precise dosage. This trend is encouraging pharmaceutical and nutraceutical companies to manufacture more capsule-based products, which also impacts the market demand. |
Shift Toward Vegetarian and Vegan Capsules | The growing consumer demand for vegetarian and vegan capsules, as a result of increasing health consciousness and ethical considerations, is a major trend driving growth and innovation in the market. Many manufacturers are developing plant-based empty capsules made from materials such as hydroxypropyl methylcellulose (HPMC) to address this market demand. |
Growth of the Generic Drug Sector | The rapid expansion of the generic drug sector in the region positively influences the market value. Generic drugs are often produced in capsule format owing to the associated ease of manufacturing and cost-effectiveness. |
Increased Foreign Investment in Indonesia | The market also benefits from the rising foreign investment in pharmaceutical and nutraceutical sectors in Indonesia. The increasing influx of capital is leading to the establishment of new manufacturing facilities and the adoption of advanced production technologies, which also bolsters market growth. |
Market Breakup by Type
Market Breakup by Application
Market Breakup by Functionality
Market Breakup by End User
Market Segmentation Based on Application Areas is Poised to Witness Substantial Growth
Based on the application, the market is segmented into antibiotic and antibacterial drugs, dietary supplements, antacid and antiflatulent preparations, antianemic preparations, anti-inflammatory drugs, and cardiovascular therapy drugs, among others. The dietary supplements segment represents a significant market share due to the growing health awareness among Indonesians and the rising focus on preventive healthcare.
The growth in e-commerce platforms also fuels the sales of dietary supplements and consequently the demand for empty capsules in the region. In addition, there is a rising preference for vegetarian and plant-based capsules in the dietary supplements market, which also impacts the market value of empty capsules.
Java, the most populous island in Indonesia, holds a significant market share, with major cities like Jakarta, Surabaya, Bekasi, and Bandung driving the demand for empty capsules. Java is considered a manufacturing hub, with many pharmaceutical companies operating their manufacturing plants in the region. Additionally, increased demand for dietary supplements and the rising efforts to improve healthcare access are poised to bolster the market growth. Other regions such as Kalimantan, Sulawesi, and Bali in Indonesia are also witnessing market demand propelled by the growing number of pharmacies and health stores, economic factors, and the increased focus on health and wellness products.
The key features of the market report comprise strategic initiatives by the leading players including mergers, collaborations and new product launches. The major companies in the market are as follows:
ACG
Multinational pharmaceutical company ACG is one of the largest suppliers of solid dosage products, with a strong presence in more than 100 countries including Indonesia. The company offers a wide range of high-quality gelatin and vegetarian capsules.
Lonza
Leading healthcare manufacturing organization Lonza Group AG is a key player in the market. Lonza's Capsugel brand offers a variety of capsule types such as its popular Capsugel® Hard Gelatin Capsules.
SavoiurCaps
Saviour Caps, a major manufacturer and supplier of hard gelatin capsule shells, plays a significant role in the Indonesia empty capsules market growth. The company leverages advanced technologies to develop empty capsule shells in various sizes, colors, and prints.
Roxlor
Headquartered in Wilmington (Delaware) with operations spanning across the United States, Europe, and Asia, Roxlor LLC is a key player in the pharmaceutical and dietary supplement markets and is known for its innovative two-piece hard gelatin capsules.
Qualicaps
Global manufacturer of empty pharmaceutical capsules Qualicaps is recognized for its advanced manufacturing processes and robust portfolio of empty capsules, including gelatin and vegetarian options.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Functionality |
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Breakup by End User |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Empty Capsules Market Overview
3.1 Asia-Pacific Empty Capsules Market
3.1.1 Asia-Pacific Empty Capsules Market Historical Value (2017-2023)
3.1.2 Asia-Pacific Capsules Market Forecast Value (2024-2032)
3.2 Indonesia Empty Capsules Market
3.2.1 Indonesia Empty Capsules Market Historical Value (2017-2023)
3.2.2 Indonesia Empty Capsules Market Forecast Value (2024-2032)
4 Vendor Positioning Analysis
4.1 Key Vendors
4.2 Prospective Leaders
4.3 Niche Leaders
4.4 Disruptors
5 Indonesia Empty Capsules Market Landscape*
5.1 Indonesia Empty Capsules: Developers Landscape
5.1.1 Analysis by Year of Establishment
5.1.2 Analysis by Company Size
5.1.3 Analysis by Region
5.2 Indonesia Empty Capsules: Product Landscape
5.2.1 Analysis by Type
5.2.2 Analysis by Functionality
6 Indonesia Empty Capsules Market Dynamics
6.1 Market Drivers and Constraints
6.2 SWOT Analysis
6.2.1 Strengths
6.2.2 Weaknesses
6.2.3 Opportunities
6.2.4 Threats
6.3 PESTEL Analysis
6.3.1 Political
6.3.2 Economic
6.3.3 Social
6.3.4 Technological
6.3.5 Legal
6.3.6 Environment
6.4 Porter’s Five Forces Model
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Degree of Rivalry
6.5 Key Demand Indicators
6.6 Key Price Indicators
6.7 Industry Events, Initiatives, and Trends
6.8 Value Chain Analysis
7 Indonesia Empty Capsules Market Segmentation (2017-2032)
7.1 Indonesia Empty Capsules Market (2017-2032) by Type
7.1.1 Market Overview
7.1.2 Gelatin Capsules
7.1.2.1 Bovine Gelatin
7.1.2.2 Porcine Gelatin
7.1.2.3 Others
7.1.3 Non-Gelatin Capsules
7.1.3.1 Hydroxypropyl Methylcellulose (HPMC)
7.1.3.2 Cellulose
7.1.3.3 Others
7.2 Indonesia Empty Capsules Market (2017-2032) by Application
7.2.1 Market Overview
7.2.2 Antibiotic and Antibacterial Drugs
7.2.3 Dietary Supplements
7.2.4 Antacid and Antiflatulent Preparations
7.2.5 Antianemic Preparations
7.2.6 Anti-Inflammatory Drugs
7.2.7 Cardiovascular Therapy Drugs
7.2.8 Others
7.3 Indonesia Empty Capsules Market (2017-2032) by Functionality
7.3.1 Market Overview
7.3.2 Immediate-Release Capsules
7.3.3 Sustained-Release Capsules
7.3.4 Delayed-Release Capsules
7.4 Indonesia Empty Capsules Market (2017-2032) by End User
7.4.1 Market Overview
7.4.2 Pharmaceutical Industry
7.4.3 Nutraceutical Industry
7.4.4 Cosmetic Industry and Research Laboratories
8 Regulatory Framework
9 Strategic Initiatives
9.1 Analysis by Partnership Instances
9.2 Analysis by Type of Partnership and Collaborations
9.3 Analysis by Joint Ventures
9.4 Analysis by Leading Players
10 Supplier Landscape
10.1 Market Share Analysis, By Region (Top 5 Companies)
10.1.1 Market Share Analysis: Indonesia
10.2 ACG
10.2.1 Financial Analysis
10.2.2 Product Portfolio
10.2.3 Demographic Reach and Achievements
10.2.4 Mergers and Acquisitions
10.2.5 Certifications
10.3 Lonza
10.3.1 Financial Analysis
10.3.2 Product Portfolio
10.3.3 Demographic Reach and Achievements
10.3.4 Mergers and Acquisitions
10.3.5 Certifications
10.4 SavoiurCaps
10.4.1 Financial Analysis
10.4.2 Product Portfolio
10.4.3 Demographic Reach and Achievements
10.4.4 Mergers and Acquisitions
10.4.5 Certifications
10.5 Roxlor
10.5.1 Financial Analysis
10.5.2 Product Portfolio
10.5.3 Demographic Reach and Achievements
10.5.4 Mergers and Acquisitions
10.5.5 Certifications
10.6 Qualicaps
10.6.1 Financial Analysis
10.6.2 Product Portfolio
10.6.3 Demographic Reach and Achievements
10.6.4 Mergers and Acquisitions
10.6.5 Certifications
11 Indonesia Empty Capsules Market – Distribution Model (Additional Insight)
11.1 Overview
11.2 Potential Distributors
11.3 Key Parameters for Distribution Partner Assessment
12 Key Opinion Leaders (KOL) Insights (Additional Insight)
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
**The supplier list is not exhaustive. Moreover, we can provide analysis of companies as per custom requests.
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