openPR Logo
Press release

Softgel Capsules Market by Material, Source (Porcine, Bovine), Application (Pharmaceuticals, Nutraceuticals & Dietary_ Supplements_, Cosmetics & Personal Care), Region(North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028

11-29-2023 02:02 PM CET | Health & Medicine

Press release from: ReportsnReports

ReportsnReports

ReportsnReports

he global softgel capsules market is projected to reach USD 1.5 billion by 2028 from USD 1.1 billion in 2023, at a CAGR of 6.3% during the forecast period.

"In 2022, the gelatin segment accounted for the largest market share"

Based on material type, the global softgel capsules market is segmented into gelatin and other materials (such as hydroxypropyl methylcellulose (HPMC), pullulan, carrageenan, plant-derived cellulose, and starch-glycerin. In 2022, the gelatin segment accounted for the largest market share. Gelatin softgels are made from a gelatin-based outer shell, which is a water soluble protein derived from animal sources, typically bovine (cow), porcine (pig), and marine. The gelatin shell is filled with a liquid or semi-solid formulation containing active ingredients. The gelatin material is a key component that gives softgels their soft, flexible, and easy-to-swallow nature. Such as advantages of this segment is driving growth for the market and in extension to the growth of raw materials used for softgel capsules.

Download Free Sample PDF @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7664459

"In 2022, The bovine segment accounted for the largest share of the softgel capsules market"

On the basis of source, the global softgel capsules market has been divided into porcine, bovine, and other sources (including poultry, marine, and plant sources). In 2022, the bovine segment accounted for the largest share of the softgel capsules market in 2022. Strong emphasis on the launch of new products in the market specifically for softgels is further likely to have a positive impact on the market growth. For instance, in 2022, PB liner extended the gelwoRx Dsolve pharmaceutical portfolio with the launch of new product including, Dsolve xTRA, specially developed to reduce cross-linking and fast dissolution of soft caps. Also, the abundance and easy availability of bovine are supporting its growth in the market

"In 2022, the nutraceutical and dietary_ supplement_ industry segment accounted for the largest market"

Based on application, the global softgel capsules market is divided into pharmaceutical, nutraceutical and dietary_ supplement_, and cosmetics & personal care industries. In 2022, the nutraceutical and dietary_ supplement_ industry segment accounted for the largest market share. Nutraceuticals are products derived from food sources. These products have medicinal properties along with health-promoting properties. As a result they are gaining importance in the daily diet of many people worldwide. With rising health consciousness among consumers, the demand for health supplements is rising. Thus, the growing trend of adopting healthy lifestyles is a major driver for the nutraceutical and dietary_ supplement_ industry segment.

"Europe accounted for the largest share of the softgel capsules market"

The softgel capsules market is broadly divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, Europe accounted for the largest share of 34.2% of the softgel capsules market. The large share of this region can be attributed to the presence of major capsule manufacturers and pharmaceutical giants in the region, such as Gelita AG (Germany), PB Leiner (Belgium), Weishardt SA (France), and Lapi Gelatine S.p.a. (Italy). North America held the second-largest market share in 2022. The growing emphasis on superior nutraceutical and cosmetic products has increased the demand for softgel capsules in the region.

A breakdown of the primary participants referred to for this report is provided below:

By Respondent: Supply Side- 80% and Demand Side 20%
By Designation: Managers- 45%, CXOs and Directors - 30%, and Executives - 25%
By Region: North America -20%, Europe -32%, Asia-Pacific -40%, Latin America -5%, Middle East & Africa- 3%

The prominent players in the global softgel capsules are Gelita AG (Germany), PB Leiner (part of Tessenderlo Group) (Belgium), Nitta Gelatin, Inc. (Japan), Sterling Gelatin and Croda Colloids (India), Narmada Gelatines Limited (India), Italgel S.r.l. (Italy), Darling Ingredients Inc. (US), Lapi Gelatine S.p.a. (Italy), Trobas Gelatine B.V. (Netherlands), Weishardt (France), India Gelatine & Chemicals Ltd. (India), Xiamen Gelken Gelatin Co., Ltd. (China), Gelco International (Brazil), Boom Gelatin (China), Geliko LLC (US), Kenney & Ross Limited Marine Gelatin (Canada), Baotou Dongbao Bio-Tech Co., Ltd. (China), Jellice Gelatin & Collagen (Netherlands), Athos Collagen Pvt. Ltd. (India), Kubon Biotechnology Co., Ltd. (Cambodia), C.J. Gelatine Products Limited (India), American Gelatin (US), and Geltech (South Korea).

Download Complete Report @ https://www.reportsnreports.com/purchase.aspx?name=7664459

ReportsnReports - Your Market Research Librarian
Corporate Headquarters
Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune-411013, India.
+ 1 347 333 3771
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Softgel Capsules Market by Material, Source (Porcine, Bovine), Application (Pharmaceuticals, Nutraceuticals & Dietary_ Supplements_, Cosmetics & Personal Care), Region(North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028 here

News-ID: 3309007 • Views:

More Releases from ReportsnReports

Upcoming Conference on Real-World Evidence and Life Sciences Analytics |17th -18th Oct 2024 | Boston, USA
Upcoming Conference on Real-World Evidence and Life Sciences Analytics |17th -18 …
We are thrilled to welcome you to the 7th Annual Real-World Evidence and Life Science Analytics Conference at Boston 2024, a premier gathering of thought leaders, industry experts, and innovators at the forefront of revolutionizing healthcare through data-driven insights. Set against the backdrop of advancements in real-world evidence, this conference promises an enriching experience for professionals in life sciences, healthcare, and analytics. Register Now @ https://events.marketsandmarkets.com/7th-annual-marketsandmarkets-real-world-evidence-and-life-science-analytics-conference/register The 7th Annual Real-World Evidence
High Potent Medicines Conference - US Edition | MarketsandMarkets
High Potent Medicines Conference - US Edition | MarketsandMarkets
Looking and the current market scenario, many companies are outsourcing the manufacture of their highly potent compounds for various reasons, mainly marketing. The escalation in the High Potent drug market is subjected to a variety of aspects such as the diversification of pharmaceutical manufacturers towards precision medicines such as HPAPI, increasing demand for oncology drugs & antibody-drug conjugates, and advancements in HPAPI manufacturing technologies. We are delighted to announce our MarketsandMarkets
Next-Gen Immuno-Oncology Conference | 7th - 8th March 2024 | 8th Annual MarketsandMarkets
Next-Gen Immuno-Oncology Conference | 7th - 8th March 2024 | 8th Annual Marketsa …
Welcome to the 8th Annual MarketsandMarkets Next-Gen Immuno-Oncology Conference, a premier event dedicated to advancing the field of immuno-oncology. Join us on 07th - 8th March 2024 in London, UK, where leading experts, researchers, and industry professionals will gather to shape the future of cancer treatment. Enquire Now @ https://events.marketsandmarkets.com/immuno-oncology-conference-london As a prominent Immuno-Oncology Conference, this event offers a unique platform to explore the latest advancements, breakthroughs, and innovations in the field.
Upcoming Conference on Infection Control, Sterilization & Decontamination | 21st - 22nd March 2024 | London SW7 4LH
Upcoming Conference on Infection Control, Sterilization & Decontamination | 21st …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays. Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/ This conference aims to bring together all the stakeholders to discuss the obstacles in achieving

All 5 Releases


More Releases for Gelatin

Gelatin Market Top Key Players, Industry Analysis And Forecast By 2027 | Xiamen …
The Gelatin market analysis includes market size, upstream situation, market segmentation, price & cost, and industry environment. In addition, the report outlines the factors driving industry growth and the description of market channels. The report begins with an overview of the industry chain structure and describes the upstream. Besides, the report analyses market size and forecast in different geographies, types, and end-use segments, in addition, the report introduces the Gelatin
Gelatin Market Expecting an Outstanding Growth Till 2027 | Key Players Rousselot …
Gelatin Market Report offers an overview of Related Market inclusive of Types, Applications and Top Manufacturers with characteristics, era and market chain with Analysis and ultra-modern marketplace developments and increase. Key Players of Gelatin Market Report are: Rousselot, GELITA AG, Nitta Gelatin Inc., GELNEX, Sterling Gelatin, India Gelatin and Chemicals, ITALGELATINE, Jiliding Marine Biotech Co. Ltd., LAPI GELATINE, Qinghai Gelatin Ltd. Co., Trobas Gelatine B.V., and Ewald Gelatine. To learn more
Future Demand and Growth Opportunities in Skin Gelatin Market 2027| Gelita, Trob …
Skin gelatin is a protein product produced by partial hydrolysis of collagen-rich skins. The gelatin molecule is formed by amino acids joined with each other by amide linkages in a long molecular chain. These amino acids perform an authoritative function in the building of connective tissue in humans. It offers structure and strength for tissues. For example, collagen increases the flexibility of the skin and the strength of the tendons.
Industrial Grade Gelatin market forecast 2018-2025 | Top Most Key Players | Nitt …
QY Research Groups added a latest report on “Industrial Grade Gelatin market ” include Detailed Study of these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. This Report is an entire guide for new aspirant to understand the Trending Market Values and Future Market Trend. Global Industrial Grade Gelatin market size will increase to Million US$ by 2025,
Global Industrial Gelatin Market Size 2018-2023 Gelken Gelatin, Nippi, Cda Gelat …
A market study "Global Industrial Gelatin Market" examines the performance of the Industrial Gelatin market 2018. It encloses an in-depth Research of the Industrial Gelatin market state and the competitive landscape globally. This report analyzes the potential of Industrial Gelatin market in the present and the future prospects from various angles in detail. The Global Industrial Gelatin Market 2018 report includes Industrial Gelatin market Revenue, market Share, Industrial Gelatin industry volume,
Hard Capsule Grade Gelatin Market Report 2025 by Players - Gelita, Rousselot, PB …
"The Latest Research Report 2018-2025 Hard Capsule Grade Gelatin Report on Global and United States Market, Status and Forecast, by Players, Types and Applications provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" This report studies the Hard Capsule Grade Gelatin market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes