Economic Undertakings

Global Softgel Capsules Market Size Expected to Reach $10.69 Billion by 2030: Polaris Market Research

According to the research report, the global soft capsules market size was valued at USD 4.88 billion in 2021 and is projected to reach USD 10.69 billion by 2030, to grow at a CAGR of 9.2% during the forecast period.

According to the research report, the world Softgel Capsules Market Size was valued at USD 4.88 billion in 2021 and is expected to reach USD 10.69 billion by 2030to grow to a 9.2% CAGR during the forecast period.

Unlike hard capsules, soft capsules are thicker and need additional components like glycerin to acquire their soft texture. Based on the formula, the thickness of the capsules, its elasticity and its amplitude of excess moisture can be calibrated. Ideally suited for semi-solid or liquid fillings, soft capsules are widely used to provide a wide range of pharmaceuticals and a wide range of supplements that are nutritional range omega-3 fish oils. The main types of gelatin used in capsules are usually porcine or bovine raw materials. Depending on the fill, methodology and target market group, producers have flexibility in the type of feedstock, with some choosing a fusion of beef and pork options.

Capsules are fully enclosed units that typically have a longitudinal seam and are produced using a rotary die process. The capsules are delivered filled with the component and secured according to a specific procedure. In this process, the gelatin mass is enclosed in stainless steel tanks, then is coated on stainless steel drums, and two ribbons are formed. The unbroken, flexible ribbons of gelatin are then navigated on two rotating dies. When placing the capsule between the two rotating dies, it is simultaneously impregnated with active ingredients and then dried.

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Report Highlights

  • Quantitative and qualitative analysis of the market based on segmentation, including both non-economic and economic factors
  • Provide market value data for each segment and sub-segment
  • Recommends the part and region expected to observe rapid growth and control the market
  • Analysis by geography highlighting the usage of the product and services in the area and highlighting the factors that impact the market within the boundaries of each region
  • The aggressive landscape that pervades market ranking by prominent players along with contemporary service and product launches, alliances, expansion and business acquisition over the past five years of the ongoing company profiling
  • Substantial company profiles including company information, overview, SWOT analysis and product benchmarking of key market players

The best market players are:

  • Enova
  • capsu gel
  • Captek
  • Catalent
  • Elnova Pharma
  • Eurocaps
  • Fuji Capsules Co Ltd
  • Guangdong Yichao Biological Co. Ltd
  • Hunan ER-KANG Pharmaceutical Co Ltd
  • Patheon
  • Procaps Laboratories
  • Sirio Pharma
  • Soft Gel Technologies Inc.

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Softgel Capsules Market: Growth Factors

Sports nutrition is no longer followed by professional athletes and weightlifters. Marathons, world events, games, and gym goers have kept sports in the spotlight. The growing interest in body image and fitness has caused brands to break up into offering products for a healthy lifestyle. Consumers’ growing interest in health awareness will overtake and trump professional athletes. Therefore, retailers maintain sufficient shelf space for sports nutrition products. This space offers sports supplement manufacturers the opportunity to market sports nutrition products to a large and diverse consumer base in oral dosage form.

The growth in demand is also due to the fact that manufacturers are engaging in many ventures to offer unique empty capsules that are more adaptable and easy to use for nutraceutical, pharmaceutical and cosmeceutical industry applications. The taste of nutraceutical and pharmaceutical industries is more leaning towards multiple empty capsules due to their acceptable properties for varied formulations like liquid and solid dosage forms, easy-to-use features when administering drugs orally or by inhalation .

The ongoing covid-19 pandemic has affected the majority of countries and sectors around the world. Nutraceutical, cosmeceutical and pharmaceutical companies, which are the major end users of softgels, have been influenced by the spread of the virus, lockdowns and trade restrictions.

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Softgel Capsules Market: Scope of the Report

Report attribute

Details

Market Size Value 2021

$4.88 billion

Market outlook for 2030

$10.69 billion

Expected CAGR Growth

9.2% from 2022 to 2029

base year

2021

Forecast period

2022 – 2030

Segments Covered

By type, by application, by manufacture, by region

Key companies

Aenova, Capsugel, Captek, Catalent, Elnova Pharma, Eurocaps, Fuji Capsules Co Ltd, Guangdong Yichao Biological Co., Ltd, Hunan ER-KANG Pharmaceutical Co Ltd, Patheon, Procaps Laboratories, Sirio Pharma, Soft gel Technologies Inc.

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Personalization options

Custom purchase options are available to meet your research needs.

Softgel Capsules Market: Key Segmentation

  • Overview by type, application, manufacturers and region

By type, the gelatin capsules segment is expected to lead the market due to increasing investment in research and development activities for these products. By application, health and diary supplements dominate the market owing to the growing demand for these supplements in curing and prohibiting several diseases. Therefore, an increase in the demand for these products would impact the capsule manufacturers to advance and materialize these dietary supplements, thereby developing segmental growth. By manufacturers, the pharmaceutical segment dominates the market as pharmaceutical companies have been manufacturing these capsules in particular for the past few years.

By region, North America emerged as the top region for this market. The key driver for growth is the growing preference of key players to introduce products in advanced countries. Major players are reserving approvals from the US FDA and other regulatory bodies to collect more clientele from other regions. Next is the European market, whose reach is increasing due to increased investment in soft gel capsule R&D in several European countries. The Asia-Pacific market is growing rapidly due to the huge pool of patients suffering from numerous chronic diseases. Additionally, the geographic expansion of prominent players in the banned economies will further bolster the growth rate throughout the period analysis.

Browse all “Soft Gelatin Capsules Market Share, Size, Trends, Industry Analysis Report, by Type (Gelatin-Based/Animal-Derived, Non-Animal-Derived), by Application, by Manufacturers, by Region; Sector forecasts, 2022 – 2030 » Report to https://www.polarismarketresearch.com/industry-analysis/softgel-capsules-market

Important Questions Answered by the Market Report

  • What is the size and growth of the market?
  • What is the market valuation of soft gel capsules?
  • What is the key driver of the soft gel capsules market?
  • What is the first regional market?
  • Who are the key players?
  • What is the market breakdown by type?

The market mainly depends on the type, application, manufacturers and region

Softgel Capsules Market: By Type

  • Gelatin/animal-based
  • Not based on animals

Softgel Capsules Market: By Application

  • Antacid and antiflatulent preparations
  • Anti-anemic preparations
  • Anti-inflammatory drugs
  • Antibiotic and antibacterial drugs
  • Cough and cold preparations
  • health supplement
  • Vitamin and dietary supplement
  • Pregnancy

Softgel Capsules Market: By Manufacturers

  • Pharmaceutical companies
  • Nutraceutical companies
  • Cosmeceutical Companies
  • Contract manufacturing organization

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