Halal and Kosher Empty Capsules Market (Type: Gelatin Capsules, Vegetarian Capsules, and Enteric Capsules) - Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The global halal and kosher empty capsules market size was valued at USD 1.4  billion in 2022 and is predicted to be worth USD 2.9 billion by 2032, with a CAGR of 8.0% from 2023 to 2032. 

Key Pointers:

• By Type, the dominates the market and accounted for the largest share in 2022.
• The North American region is anticipated to considerably contribute to market growth from 2023 to 2032.
• The Asia Pacific region will grow at the fastest CAGR from 2023 to 2032.

Halal and kosher capsules are certified by halal and kosher regulations. Kosher refers to food that is suitable for consumption in accordance with Kashrut, a Jewish dietary rule. Halal is an Islamic phrase that implies permissible or permitted. In compliance with Islamic Law, gelatin is obtained from the bones of cattle that have been collected as per halal.

Empty capsules are utilized to package medicines that are used for the treatment of various diseases. Halal and kosher capsules are primarily composed of hydroxypropyl methylcellulose (HPMC) and distilled water. Additionally, these capsules are made with non-GMO sources and are gluten free.

Halal empty capsules are increasingly used in packaging of pharmaceutical and cosmetic products due to the surge in awareness regarding halal and kosher products among Islamic and Jewish population, respectively. Apart from the substantial Muslim population that displays strong loyalty to halal certification, halal nutraceuticals hold a wider market attraction among non-Muslim users, who attribute such products to ethical consumerism and more rigorous quality control standards.

Halal can also establish itself as a standard of acceptable quality and compliance for non-Muslims when trading business with Muslims. Furthermore, rise in awareness regarding health and the environment for the consumption of animal meat is likely to fuel market expansion during the forecast period.

Increase in incidence of various diseases is anticipated to boost the halal and kosher empty capsules business in the next few years. According to a study published in The Lancet in January 2022, Antimicrobial Resistance (AMR) was directly responsible for an estimated 1.27 million deaths worldwide and associated with approximately 4.95 million deaths in 2019.

Surge in geriatric population has resulted in an increase in the risk of heart-related issues. Thus, rise in demand for therapeutically effective medications is projected to boost market statistics in the next few years. Increase in adoption of advanced treatment enhances life expectancy and tends to result in growth in geriatric population.

Halal and kosher empty capsules Market Segmentation

Halal and kosher empty capsules Market Key Players And Regions