Softgel capsules market

Global Softgel Capsules Market Size, by Ingredients (Hypromellose), Formulations (Omega 3, Vitamin E Vegan Softgel), Application (Health Supplements, Pharmaceuticals), & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Healthcare and Pharma     ID: IRP1798     Date: Sep, 2020
The global softgel capsules market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2019 to 2026. Scope of global softgel capsules market includes by ingredients (Hypromellose), by formulations (Omega 3, Vitamin E Vegan Softgel), by applications (Health Supplements, Pharmaceutical), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
Softgel Capsules or soft gelatin capsule are capsules having solid outer shell, and a liquid or semi-solid medication or concentration filled inside it. They are the combination of gelatin, water, opacifier, and a plasticizer, and used as oral dosage form for medicine similar to capsules. Softgel capsules have no taste, which make them easy to swallow, and they are availaible in a wide range of colors, shapes, and sizes, due to which softgel capsules accommodates a wide variety of compound filled inside them. Softgel capsules have various advantages which make them significant product, as it offer easy usability, improved adequacy, and bioavailablity.
One of the major applications of softgel capsules are in the nutraceutical industry, which is a key factor stimulating the softgel capsules market growth over the forecast period. They are widely used as omega 3 supplements and other vitamins such as vitamin e. Other medical uses of the softgel capsules are in the food supplements and pharmaceutical industry. Moreover, the pharmaceutical and food supplement industry are growing at an unprecedented rate across the globe. The growth is attributable to the rising investment in the industry, due to factors such as, adoption in softgel capsules, rise in awareness of nutraceutical supplements, and rise in awareness for preventative healthcare. Furthermore, the increase in the usage of omega 3 supplements, development in the advertisement activities by the manufacturers, increase the demand of softgel capsules around the world.
However, the softgel capsules requires special manufacturing equipments, and have stability concerns with highly water soluble compounds, are expected to restrain the market growth over the coming years. The shifting preference of people towards the health supplements tend to increase the growth of health supplements and nutraceutical industry, which are the major factors driving the softgel capsules market growth across the globe. However, North America is the largest consumer of softgel capsules, owing to rise in awareness towards health supplements. The highly populated countries of Asia-Pacific region such as India, and China are expected to have significant growth rate, due to increase incidence of nutrition disorder, and rising in healthcare industry.
The global softgel capsules market is primarily segmented by ingredients, formulations, applications, and region.

In terms of ingredient, the market is split into:
* Hypromellose

In terms of formulations, the market is divided into:
* Omega 3
* Vitamin E Vegan Softgel

On the applications front, the market is segmented into:
* Health Supplements
* Pharmaceutical

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Thermo Fisher Scientific
* ProCaps Laboratories
* Sirio Pharma Co., Ltd.
* Fuji Capsules Co. Ltd.
* International Vitamin Corporation
* Soft Gel Technologies, Inc.
* Captek Softgel International Inc.
* Amway
* Trigen Laboratories Inc.
* Spine Healthcare Pvt. Ltd.
* Salveo Lifecare

These enterprises have been focusing on development strategies, such as expansions, new product launches, agreements & partnerships, and acquisitions to expand their business across the globe.
Key Benefits of the Report:
* Global, regional, country, ingredient, applications, and formulations market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis and insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key products, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new product introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, ingredient, applications, and formulations with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of softgel capsules
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Softgel Capsules manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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