Softgel Capsules Market - Global Industry Analysis

Softgel Capsules Market

Softgel Capsules Market- By Product (Gelatin Softgel Capsule and Non-gelatin Softgel Capsule), By End-User (Pharmaceutical Companies and Contract Manufacturing Organizations), By Application (Anti-inflammatory Drugs, Antibiotic drugs, Health Supplements, and Cardiovascular Drugs), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 20-Oct-2021 Category: Healthcare Report Format : PDF Pages: 166 Report Code: ZMR-6766 Status : Published

The global Softgel Capsules Market accrued earnings worth approximately 6.75 (USD Billion) in 2020 and is predicted to gain revenue of about 12.89 (USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028.

Description

Global Softgel Capsules Market: Industry Perspective

The global Softgel Capsules Market accrued earnings worth approximately 6.75 (USD Billion) in 2020 and is predicted to gain revenue of about 12.89 (USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028. The report offers an assessment and analysis of the Softgel Capsules Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Softgel Capsules Market: Overview

Softgel capsule is a solid drug capsule that surrounds liquid center. Additionally, these products are oral dosages the same as capsules and are a combination of sorbitol, water, gelatin, and opacifier. The product can be included either in the outer gelatin capsule shell or inner soft gel capsule fill.   Furthermore, the surge in the occurrence of chronic disorders is expected to create massive demand for soft gel capsules in the upcoming years. Moreover, these products have plethora of applications in healthcare and pharmaceutical sectors. They are also utilized as a medical supplement for heart disorders and antacids.

Global Softgel Capsules Market

Softgel Capsules Market: Growth Trends

Softgel capsule is utilized for preventing vitamin deficiency arising due to poor diet and certain kinds of illness. In addition to this, it is easily soluble and can help in delivering ultra-low doses of low melting compound. Moreover, it generates less dust during production, thereby ensuring the safety of workers. Apart from this, the drug suspensions with unpleasant taste or odor can be ingested easily in the soft gel capsule as the latter provides convenient ingestion. All these aforementioned are anticipated to boost the growth of the soft gel capsules market.

Furthermore, soft gel capsules enhance melatonin bioavailability in human beings. Moreover, beneficial features of the product include solubility and tiny particle size.  These products possess high dosage accuracy as well as uniformity stability. It can improve the bioavailability of poorly soluble medicines. Rise in consumer preference for the product due to its self-lubricating feature as well as its availability in myriad sizes, forms like chewable & meltable forms, and colors will aid the growth of the soft gel capsules market. Nonetheless, high product manufacturing costs and its susceptibility to getting affected in a humid or moist environment, as well as extreme temperatures, can pose threat to the growth of the industry in coming years.

Report Scope:

Softgel Capsules Market: Regional Landscape

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Europe To Lead Growth Of Softgel Capsules Market Over 2021-2028

The expansion of the soft gel capsules market in Europe over next seven years can be credited to large-scale funding of research activities pertaining to the manufacture of soft gel capsules in different European countries. Moreover, Gelatin has been recognized as GRAS (Generally Recognized As Safe) food ingredient by FDA and this has proved to be a key growth factor for the soft gel capsules market in Europe. An increase in product sales and the addition of new products to the existing product lines will chart a profitable growth path for the soft gel capsules industry in Europe over the years to come.

Softgel Capsules Market: Competitive Landscape

Key players lucratively impacting the growth of the soft gel capsules industry and profiled in the study is Catalent, Inc., Capsugel, Elnova Pharma, Hunan ER-KANG Pharmaceutical Co Ltd.,  Aenova Group GmbH, Guangdong Yichao Biological Co., Ltd., Sirio Pharma Company Ltd, Captek Softgel International Inc, Fuji Capsule Co., Ltd., EuroCaps Ltd., and KD Pharma Group.

The global Softgel Capsules Market is segmented as follows:

By Product

  • Non-gelatin Softgel Capsule
  • Gelatin Softgel Capsule

By End-User

  • Pharmaceutical Companies
  • Contract Manufacturing Organizations

By Application

  • Anti-inflammatory Drugs
  • Antibiotic Drugs
  • Health Supplements
  • Cardiovascular Drugs

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Softgel capsule is utilized for preventing vitamin deficiency arising due to poor diet and certain kinds of illness. In addition to this, it is easily soluble and can help in delivering ultra-low doses of low melting compound. Moreover, it generates less dust during production, thereby ensuring safety of workers. Apart from this, the drug suspensions with unpleasant taste or odor can be ingested easily in the softgel capsule as the latter provides convenient ingestion. All these aforementioned are anticipated to boost growth of softgel capsules market.

Furthermore, softgel capsules enhance melatonin bioavailability in human beings. Moreover, beneficial features of the product include solubility and tiny particle size.  These products possess high dosage accuracy as well as uniformity stability. It can improve bioavailability of poorly soluble medicines. Rise in consumer preference for the product due to its self-lubricating feature as well as its availability in myriad sizes, forms like chewable & meltable forms, and colors will aid growth of softgel capsules market.

According to Zion market research report, the global Softgel Capsules Market accrued earnings worth approximately 6.75 (USD Billion) in 2020 and is predicted to gain revenue of about 12.89 (USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028.

Europe will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is subject to large-scale funding of research activities pertaining to manufacture of softgel capsules in different European countries. Moreover, Gelatin has been recognized as GRAS (Generally Recognized As Safe) food ingredient by FDA and this has proved to be a key growth factor for softgel capsules market in Europe. Increase in product sales and addition of new products to existing product line will chart a profitable growth path for softgel capsules industry in Europe over years to come.

   

The key market participants include Catalent, Inc., Capsugel, Elnova Pharma, Hunan ER-KANG Pharmaceutical Co Ltd., Aenova Group GmbH, Guangdong Yichao Biological Co., Ltd., Sirio Pharma Company Ltd, Captek Softgel International Inc, Fuji Capsule Co., Ltd., EuroCaps Ltd., and KD Pharma Group.

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