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Capsule filling machines are used by pharmaceutical companies to fill capsules with powders or granules during drug manufacturing. These machines aim to fill capsules accurately and consistently while maintaining hygienic and sanitized production conditions. Capsule filling machines come in various types depending on the production capacity and filling requirements. They can fill capsules with different types of powders, pellets, and granules in one or multiple filling station operations. The global capsule filling machines market has grown significantly in recent years due to the expanding pharmaceutical industry worldwide. With rising prescription rates and increasing demand for generic drugs, pharmaceutical manufacturers are actively adopting automated capsule production lines to improve production efficiency.
The global Capsule Filling Machines Market is estimated to be valued at US$ 1.92 Billion in 2024 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the capsule filling machines market is the increasing adoption of multi-functional machines. Pharmaceutical manufacturers are opting for machines that can perform various operations such as capsule orientation, filling, cap placing, sealing, sorting, and other quality checks in a single setup. These multi-functional machines minimize production time while improving process efficiency. They also require less floor space compared to individual processing equipment. Consequently, leading capsule filling machine manufacturers are focusing on developing advanced automated systems with integrated process handling capabilities. For instance, MG2 offers a fully automatic multi-station capsule filling machine called ‘Companion’ that performs various operations like orientation, pre-filling check weighing, filling, sealing, and ejection of capsules in a single machine.
Key players: Key players operating in the capsule filling machines market are Robert Bosch GmbH, IMA S.p.A., MG2 s.r.l., Romaco Group, ACIC Pharmaceutical Machinery, Torpac Inc., Dott Bonapace & C Srl, Schaefer Technologies, Inc., TITAN PHARMACEUTICAL MACHINERY, Adinath International, ACG Worldwide, Jornen Machinery Co., Ltd., Hanningfield Process Systems Ltd., N.K Industries, Kambert Machinery Co. Pvt. Ltd., SaintyTec, Cap Plus Technologies Pvt. Ltd., Hanlin Hangyu Industrial Co., Ltd., Harro Höfliger Verpackungsmaschinen GmbH, Qualicaps. Players focus on new product launches and geographic expansions to gain market share.
Regional analysis: Asia Pacific is expected to dominate the capsule filling machines market during the forecast period. Growing pharmaceutical industry, increasing generic drugs market, and presence of key players in countries like India and China is boosting the region’s market growth.
Porter’s Analysis
Threat of new entrants: The threat of new entrants in the capsule filling machines market is moderate. Established players dominate the market and new entrants require significant capital investment for R&D and production facilities.
Bargaining power of buyers: The bargaining power of buyers in the capsule filling machines market is moderate. Buyers have various alternatives and options to choose from leading manufactures.
Bargaining power of suppliers: The bargaining power of suppliers in the capsule filling machines market is low. Suppliers are fragmented with no single supplier accounting for major market share.
Threat of new substitutes: Threat of substitutes is low in the capsule filling machines market. There are limited substitutes for capsule filling machines in pharmaceutical and nutraceutical industries.
Competitive rivalry: The competitive rivalry in the capsule filling machines market is high due to presence of numerous international and regional players. Players compete based on features, filling speed, throughput, and pricing.
Key Takeaways
The global Capsule Filling Machines Market is expected to witness high growth over the forecast period of 2023 to 2030.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
About Author - Ravina Pandya
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
