If you want to capture item=capture
, it is straightforward:
/item=[^\/]*/
If you want to also extract the value,
/item=([^\/]*)/
If you only want to match the value, then you need to use a look-behind.
/(?<=item=)[^\/]*/
EDIT: too many errors due to insomnia. Also, screw PHP and its failure to disregard separators in a character group as separators.