Press release
Starch Softgel Capsules Market Growth Trends and Competitive Strategies By Catalent Inc, Robinson Pharma, Inc., Hunan Er-Kang Pharmaceutical Co., Ltd., Procaps, CAPTEK Softgel International Inc
Starch Softgel Capsules Market
The starch softgel capsules market was valued at US$ 382.67 million in 2019 and is projected to reach US$ 548.29 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.
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The List of Companies
Catalent Inc
Robinson Pharma, Inc.
Hunan Er-Kang Pharmaceutical Co., Ltd.
Procaps
CAPTEK Softgel International Inc.
Softcaps
Fuji Capsule Co., Ltd.
Aenova Holding GmbH
Sirio Pharma Co., Ltd.
Bahrain Pharma
Market Insights
Increasing Availability of Vegetarian Softgel Capsules
The vegetarian softgel capsules have recently become the product of interest in the market. These capsules are a perfect and viable alternative for people willing to consume non-gelatin capsules. The manufacturers are in a need to differentiate their products and brands from the competition in an increasingly crowded and growing marketplace. Apart from pharmaceutical drug delivery, the vegetarian softgel capsules are usually preferred for filling in nutritional supplements.
The general health industry consumer trend is heading toward a clear increase in the demand for natural products and innovative forms of dosage. The vegetarian softgels have a significant benefit as they do not contain any gelatin material derived from animal waste. These starch softgels satisfy the demand of vegetarians as the capsules can be consumed without the fear of any animal infection or disease. In terms of chemical composition, the vegetarian softgels are chemically stable and have a low-moisture content making them less brittle even in low humidity. The companies engaged in manufacturing halal softgel capsules are receiving halal certification from the Islamic Food and Nutrition Council of America (IFANCA). This is expected to cultivate a significant market for these capsules in Muslim-dominated countries.
Application-Based Insights
Based on application, the starch softgel capsules market is segmented into health supplements, pharmaceutical, and others. The health supplements segment held the largest share of the market in 2019, owing to the factors such as capability of softgels to mask odors, elegant in appearance, and easier for swallowing. Moreover, these formulations are considered ideal as they improve the bioavailability and enhance the absorption of essential nutrients. Vitamin and mineral supplements are the most commonly preferred starch softgel health supplements. Additionally, increasing awareness among populace regarding the benefits of health and fitness along with high consumption of sports-associated health nutritional supplements are likely to augment the growth of the segment.
What’s included
• Market Dynamics
• Competitive Analysis
• Market Trends And Market Outlook
• Market Share And Market Size
• Opportunities And Customer Analysis
• Product Pricing Research
Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.
The COVID-19 outbreak is currently going the world over, the Starch Softgel Capsules Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Starch Softgel Capsules market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global Starch Softgel Capsules market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
This report focuses on the global Starch Softgel Capsules market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Starch Softgel Capsules market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
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