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The Innovation-Oriented Streak Of Softgel Capsules Market To Continue
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Vegetarian softgel capsules with liquid filling technology are witnessing increasing demand from nutraceutical companies, thereby providing lucrative opportunities for the manufacturers of softgel capsules. As per PMR, the global softgel capsules market is set to expand 1.8X over the next ten years, and close in on a valuation of around US$ 800 Mn by 2030.
Key Takeaways from Softgel Capsules Market
Gelatin-based empty softgel capsules are expected to witness decrease in market share over the forecast period.
Softgel capsules to go vegan; animal-based capsules may slowly vanish from the market, owing to growing preference for vegetarian compositions over gelatin.
By end user segment, the cosmeceutical companies segment is expected to register a high CAGR in the softgel capsules market. The pharmaceutical companies segment has a relatively high market share amongst the end user segments.
The APAC region for softgel capsules is expected to gain market share during the forecast period.
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Global Softgel Capsules Market: Competition
Some of the key players profiles in the global softgel capsules market report are Aenova Group GmbH, Capsugel, Fuji Capsule Co., Ltd., Sirio Pharma Company Limited, Captek Softgel International Inc, Catalent, Inc., EuroCaps Ltd (part of DCC Plc), Guangdong Yichao Biological Co., Ltd., Elnova Pharma, and Hunan Er-Kang Pharmaceutical Co., Ltd.
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