The Global Softgel Capsules Market size is valued at around USD 1.23 billion in 2023 and is estimated to grow at a CAGR of about 7.24% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Softgel Capsules Market Driver:
Elevating Demand for Softgel Capsules in Preventive Healthcare & Specialized Centers – The surging health consciousness & the increasing emphasis on preventive healthcare are fueling the demand for softgel capsules, particularly in the realm of dietary supplements. A significant driving force behind this is the global aging population, where elderly individuals often necessitate pharmaceuticals and supplements in a format that is convenient & easily digestible.
Consequently, there has been a notable upswing in demand for softgel capsules targeting common health concerns, including menopause, vitamin deficiencies, eye health, and others. This heightened demand has prompted numerous softgel capsule manufacturing companies to develop specialized products tailored to address these specific health needs. Furthermore, as the prevalence of these health conditions continues to rise, the demand for these specialized softgel capsules is expected to witness further growth in the forecast years.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Softgel Capsules Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Type
- Gelatin Softgel Capsules- Market Size & Forecast 2019-2030F, USD Million
- Non-gelatin Softgel Capsules- Market Size & Forecast 2019-2030F, USD Million
- Starch- Market Size & Forecast 2019-2030F, USD Million
- Cellulose- Market Size & Forecast 2019-2030F, USD Million
- Pullulan- Market Size & Forecast 2019-2030F, USD Million
- By Application
- Prescription Medicines- Market Size & Forecast 2019-2030F, USD Million
- Health & Dietary Supplements- Market Size & Forecast 2019-2030F, USD Million
- By End User
- Pharmaceutical Companies- Market Size & Forecast 2019-2030F, USD Million
- Nutraceutical Companies- Market Size & Forecast 2019-2030F, USD Million
- Cosmeceutical Companies- Market Size & Forecast 2019-2030F, USD Million
- Contract Manufacturing Organizations- Market Size & Forecast 2019-2030F, USD Million
- By Raw Material
- Type-A Gelatin (Pork Skin)- Market Size & Forecast 2019-2030F, USD Million
- Type-B Gelatin (Animal Bones & Skin)- Market Size & Forecast 2019-2030F, USD Million
- Fish Bone Gelatin- Market Size & Forecast 2019-2030F, USD Million
- Cellulose Gelatin- Market Size & Forecast 2019-2030F, USD Million
- Starch Application- Market Size & Forecast 2019-2030F, USD Million
- By Route of Administration
- Oral Softgels- Market Size & Forecast 2019-2030F, USD Million
- Rectal Softgels- Market Size & Forecast 2019-2030F, USD Million
- Vaginal Softgels- Market Size & Forecast 2019-2030F, USD Million
- Others (Ophthalmic, Nasal, etc.)- Market Size & Forecast 2019-2030F, USD Million
- By Distribution Channel
- Supermarkets & Hypermarkets- Market Size & Forecast 2019-2030F, USD Million
- Pharmacies & Drug Stores- Market Size & Forecast 2019-2030F, USD Million
- Online Providers- Market Size & Forecast 2019-2030F, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Sirio Pharma, Captek, Fuji Capsules Co Ltd., Patheon, Catalent, Eurocaps, Guangdong Yichao Biological Co., Ltd., Aenova, Soft gel Technologies Inc., Procap Laboratories, Capsugel, Elnova Pharma, Robinson Pharma, Inc., United Labs, Delpharm Evreux, and others are looking forward to strengthening their market positions.
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