Report Scope & Overview:
The Softgel Capsule Market Size was valued at USD 7.21 billion in 2022 and is expected to reach USD 12.97 billion by 2030, and grow at a CAGR of 7.6% over the forecast period 2023-2030.
Softgel Capsules are stored in airtight accessible capsules that contain a liquid or semi-solids form of substance that is free of air or gas bubbles. Its main ingredients are gelatin films that have been plasticized with sorbitol, glycerin, or a similar polyol. Soft gel capsules, like two-case hard capsules, are usually used orally. Softgel capsules come in a variety of shapes, including round, tubs, oval, oblong, and suppository, among others.
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It can also be made in a variety of shapes to appeal to children. Softgel capsules are becoming more popular among patients who have trouble swallowing and consuming medications in other forms, such as youngsters and the elderly. Softgel capsules may often hold a wide range of dry, paste, and liquid fillings. Gelatin or other goods, plasticizer, and water are the main ingredients in these capsules. Colors and opacifiers, in addition to these, are used in varied degrees to enhance their aesthetic appeal while also protecting encapsulated photosensitive pharmaceuticals from the effects of light.
Increasing health-conscious population
Increasing inclination towards sports
Growing desire to be physically fit
Price Volatility to Restrain Softgel Capsule Market Growth During the Study Period.
Adoption of Cutting-Edge Technologies to Create Lucrative Opportunities in the Future
Vegetarian Capsules' High Costs Will Be a Major Obstacle
IMPACT OF COVID-19
The COVID-19 outbreak is thought to have had a favourable impact on the softgel capsule market volume. The rising demand for supplements to boost immunity is one of the major factors expected to propel the softgel capsule market forward.
By Application: During the forecast period, the nutrition segment of the softegel capsules market is expected to grow at a CAGR of 7.6%. The rapid adoption of a sedentary lifestyle is projected to result in a variety of health problems, which will help drive the segment's growth.
By Type: The gelatin section of the softegel capsules market is predicted to grow faster than the non-animal type segment. By 2030, the market value of the category is estimated to reach USD 11.21 billion. The non-animal type sector, on the other hand, is expected to grow at a 7.6% CAGR during the course of the study.
KEY MARKET SEGMENTS:
Antacid & Anti-flatulent Preparations
Vitamin & Dietary Supplement
Antibiotic & Antibacterial Drugs
Cough & Cold Preparations
Contract Manufacturing Organizations
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North America, Europe, Asia Pacific, and the Rest of the World make up the Global Softgel Capsules Market. Over the forecast timeframe, North America is expected to hold the highest market share in the Softgel Capsules Market, followed by Europe. In North American countries, the demand for nutritional items and treatments has skyrocketed. Over the anticipated term, this will result in a significant expansion of softgel capsules. Furthermore, increased government funding for health and wellness products, as well as rising research and development in the pharmaceutical manufacturing industry, are creating significant market potential in the region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Some of the major key players are as follows: Weihai Baihe Biology Technological Co. Ltd., Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., , International Vitamin Corporation, Sirio Pharma Co. Ltd. nad Other Players.
Weihai Baihe Biology Technological Co. Ltd-Company Financial Analysis
|Market Size in 2022||US$ 7.21 Billion|
|Market Size by 2030||US$ 12.97 Billion|
|CAGR||CAGR of 7.6% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Gelatin/ Animal Based, Non-animal Based)
• By Application (Antacid & Anti-flatulent Preparations, Vitamin & Dietary Supplement, Antibiotic & Antibacterial Drugs, Cough & Cold Preparations, Anti-anemic Preparations, Health Supplement, Anti-inflammatory Drugs, Pregnancy)
• By Manufacturers (Pharmaceutical Companies, Contract Manufacturing Organizations, Nutraceutical Companies, Cosmeceutical Companies)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Weihai Baihe Biology Technological Co. Ltd., Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., , International Vitamin Corporation, Sirio Pharma Co. Ltd.|
|DRIVERS||• Increasing health-conscious population
• Increasing inclination towards sports
• Growing desire to be physically fit
|RESTRAINTS||• Price Volatility to Restrain Softgel Capsule Market Growth During the Study Period.|
Ans: The Softgel Capsule Market Size was valued at US$ 7.21 billion in 2022.
Ans: - The Softgel Capsule Market is to grow at a CAGR of 7.6% over the forecast period 2023-2030.
Ans: Vegetarian Capsules' High Costs Will Be a Major Obstacle
Ans: The major players in the market are Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., International Vitamin Corporation, and others in the final report.
Ans: The Softgel Capsule Market is segmented into three segments, By Type, By Application, By Manufacturers
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Softgel Capsule Market Segmentation, by Type
8.1 Gelatin/ Animal Based
8.2 Non-animal Based
9. Softgel Capsule Market Segmentation, by Application
9.1 Antacid & Anti-flatulent Preparations
9.2 Vitamin & Dietary Supplement
9.3 Antibiotic & Antibacterial Drugs
9.4 Cough & Cold Preparations
9.5 Anti-anemic Preparations
9.6 Health Supplement
9.7 Anti-inflammatory Drugs
10. Softgel Capsule Market Segmentation, By Manufacturers
10.1 Pharmaceutical Companies
10.2 Contract Manufacturing Organizations
10.3 Nutraceutical Companies
10.4 Cosmeceutical Companies
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Weihai Baihe Biology Technological Co. Ltd.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Soft Gel Technologies, Inc.
12.3 Captek softgel International Inc.
12.4 Patheon (part of Thermo fisher scientific)
12.5 Catalent, Inc.
12.6 Capsugel (a part of lonza)
12.7 Strides Pharma Science Limited
12.9 EuroCaps Ltd. (part of the DCC plc Group)
12.10 Sirio Pharma Co. Ltd.
12.11 International Vitamin Corporation
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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