The Global Empty Capsule for Inhalation Market was valued at US$ 423.7 Million in 2023 and is projected to reach US$ 632.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is propelled by the rising global prevalence of respiratory diseases such as asthma and COPD, increasing demand for targeted drug delivery systems, and significant technological advancements in capsule-based dry powder inhalers (DPIs).

As the pharmaceutical industry increasingly focuses on precision medicine and patient-centric therapies, the formulation and delivery of inhalation drugs have become paramount. In this high-stakes landscape, a select group of companies are leading the charge, providing the critical empty capsule components that ensure drug stability, accurate dosing, and effective pulmonary delivery. In this blog, we profile the Top 10 Companies in the Empty Capsule for Inhalation Industry—a mix of global pharmaceutical suppliers, specialized manufacturers, and innovators shaping the future of respiratory care.

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🔟 1. ACG World

Headquarters: Mumbai, India
Key Offering: HPMC (Hypromellose) Inhalation Capsules, Gelatin Inhalation Capsules

ACG World is a leading global supplier of integrated pharmaceutical solutions, with a significant footprint in empty capsules. Its inhalation-grade capsules are engineered for superior performance in DPIs, offering excellent barrier properties, low moisture content, and high dimensional stability to ensure reliable drug delivery to the lungs.

Innovation and Market Focus:

• Extensive portfolio of vegetarian (HPMC) and gelatin-based inhalation capsules

• Strategic focus on compatibility with major DPI device platforms

• Global manufacturing facilities adhering to stringent cGMP standards

Download FREE Sample Report: Empty Capsule for Inhalation Market – View in Detailed Research Report

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9️⃣ 2. Capsugel (A Lonza Company)

Headquarters: Greenwood, South Carolina, USA
Key Offering: Vcaps® Plus HPMC Inhalation Capsules, DBcaps® Tamper-Evident Capsules

Now part of Lonza, Capsugel is a pioneer in capsule technology. Its Vcaps® Plus inhalation capsules are specifically designed for dry powder inhalers, offering low moisture content and excellent powder flow characteristics, which are critical for consistent dosing of sensitive respiratory APIs.

Innovation and Market Focus:

• Leading innovator in plant-based HPMC capsule technology

• Strong R&D focus on enhancing capsule performance for high-potency APIs

• Global supply chain ensuring reliability for pharmaceutical partners

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8️⃣ 3. Qualicaps

Headquarters: Madrid, Spain
Key Offering: Quali-V® HPMC Inhalation Capsules, Gelatin Inhalation Capsules

Qualicaps, a member of the Mitsubishi Chemical Group, is a global leader in the manufacture of empty hard capsules. The company provides high-quality inhalation capsules that meet the precise requirements of DPI drug formulations, focusing on consistency, low static, and optimal disintegration.

Innovation and Market Focus:

• Advanced capsule manufacturing technologies for superior fill weight uniformity

• Commitment to sustainable and vegetarian capsule solutions

• Extensive technical support and customization services for clients

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7️⃣ 4. Suheung Capsule

Headquarters: Seoul, South Korea
Key Offering: Nara™ HPMC Capsules, Gelatin Capsules for Inhalation

Suheung Capsule is a major player in the Asian market and a growing force globally. The company’s Nara™ capsule line includes inhalation-grade options known for their tight tolerances, low moisture uptake, and compatibility with automated filling and handling equipment used in DPI manufacturing.

Innovation and Market Focus:

• Rapid expansion of HPMC production capacity to meet rising demand

• Focus on cost-effective solutions without compromising quality

• Strong presence in emerging pharmaceutical markets

Download FREE Sample Report: Empty Capsule for Inhalation Market – View in Detailed Research Report

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6️⃣ 5. Osmohale

Headquarters: Mumbai, India
Key Offering: Specialized Inhalation Capsules for Osmotic-driven DPIs

Osmohale specializes in innovative capsule-based solutions for novel inhalation device technologies. The company focuses on developing capsules that are optimized for next-generation DPIs, particularly those utilizing osmotic or other advanced propulsion mechanisms for deep lung delivery.

Innovation and Market Focus:

• Niche expertise in capsules for proprietary and innovative inhaler devices

• Collaborative development partnerships with drug and device makers

• R&D driven by the need for improved bioavailability of inhaled therapeutics

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5️⃣ 6. HealthCaps India Ltd.

Headquarters: Hyderabad, India
Key Offering: HPMC Empty Capsules, Gelatin Hard Capsules for Inhalation

HealthCaps is a prominent Indian manufacturer with a growing export market for its empty capsules. The company produces inhalation-grade capsules that comply with international pharmacopoeial standards, catering to both domestic and global pharmaceutical companies developing respiratory products.

Innovation and Market Focus:

• Cost-competitive manufacturing leveraging India’s production advantages

• Increasing investment in HPMC technology to align with market trends

• Focus on supplying capsules for generic and biosimilar inhalation products

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4️⃣ 7. Erawat Group

Headquarters: Mumbai, India
Key Offering: Gelatin and HPMC Empty Hard Capsules for Pharmaceutical Use

Erawat Group is a well-established supplier in the global capsule market. While offering a broad range of capsules, it has developed specific inhalation-grade variants that provide the necessary performance characteristics for DPI applications, including precise sealing and low moisture content.

Innovation and Market Focus:

• Robust quality control systems ensuring batch-to-batch consistency

• Strategic focus on expanding inhalation-specific product lines

• Strong distribution network across Asia and Africa

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3️⃣ 8. Lefan Capsule

Headquarters: Zhejiang, China
Key Offering: Plant-based Empty Capsules, Gelatin Capsules for Inhalation

Lefan Capsule is a leading Chinese manufacturer that has significantly scaled its operations to become a key global supplier. The company produces inhalation capsules that meet the demanding specifications of international regulators, supporting the growing Chinese and global respiratory drug market.

Innovation and Market Focus:

• Large-scale production capabilities offering significant supply security

• Investment in advanced, automated manufacturing lines for high precision

• Aggressive pricing strategy to capture market share in price-sensitive segments

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2️⃣ 9. Shanghai Weike Biotechnology

Headquarters: Shanghai, China
Key Offering: Pharmaceutical-Grade Empty Capsules, Customized Inhalation Solutions

Shanghai Weike Biotechnology specializes in the research, development, and production of high-quality empty capsules. The company is increasingly focusing on the inhalation segment, developing capsules with optimized properties for use with dry powder inhalers, including enhanced brittleness for easy piercing and efficient aerosolization.

Innovation and Market Focus:

• Strong R&D focus on novel capsule materials and designs

• Customization services for pharmaceutical clients with unique formulation needs

• Expanding international regulatory certifications for global market access

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1️⃣ 10. ACG Associated Capsules

Headquarters: Mumbai, India
Key Offering: ACGcaps™ HPMC Inhalation Capsules, Gelatin Capsules

As part of the ACG group, ACG Associated Capsules is a critical manufacturing arm producing a vast array of capsule shells. Its inhalation-grade products are designed for reliability in high-speed filling operations and consistent performance in a wide range of DPI devices, making it a trusted partner for global pharmaceutical companies.

Innovation and Market Focus:

• Vertical integration from raw material to finished capsule ensures quality control

• Continuous improvement in capsule sealing technology to protect hygroscopic APIs

• Global customer support and technical service teams

Get Full Report Here: Empty Capsule for Inhalation Market – View in Detailed Research Report

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🌍 Outlook: The Future of Inhalation Therapy Is Precise and Patient-Friendly

The empty capsule for inhalation market is undergoing a significant transformation. While traditional gelatin capsules remain important, the industry is rapidly shifting towards plant-based HPMC alternatives, driven by consumer preference, stability advantages, and regulatory support. The synergy between capsule design and inhaler device technology is creating new opportunities for more effective and convenient respiratory treatments.

📈 Key Trends Shaping the Market:

• Accelerated adoption of HPMC capsules due to their superior stability and vegetarian origin

• Growing demand for capsules compatible with smart and connected inhalers

• Increasing R&D in capsules for biologic and high-potency drug delivery

• Expansion of contract development and manufacturing services for inhalation products

Get Full Report Here: Empty Capsule for Inhalation Market – View in Detailed Research Report

The companies profiled above are not just supplying empty shells—they are providing the fundamental delivery vehicles that enable life-changing respiratory therapies, ensuring that vital medicines reach their target deep within the lungs with precision and reliability.