A softgel capsule is a solid capsule; the outer shell is the solid and surrounding semi-solid center (inner fill) or liquid. Active ingredients can be incorporated into the inner fill, outer shell, or both. They are oral dosage forms for medicine, the same as a capsule. Softgel shells are a combination of gelatin, opacifier, water, and a plasticizer such as glycerin and/or sorbitol. Advantages of soft gel capsules are easy to swallow, unit dose delivery, no taste, tamper-proof, Wide variety of colors, sizes, and shapes, Accommodates a wide range of compounds filled as a semi-solid, liquid, gel or paste, Immediate or delayed drug delivery, Can be used to improve bioavailability by delivering the drug in solution or other absorption enhancing media.
MARKET DYNAMICS
Factors driving the growth of the softgel capsules market are the growing consumption of nutritional supplements, coupled with rising healthcare spending. However, the high cost of vegetarian softgel capsules is expected to hamper the growth of the market. Moreover, increasing applications of softgel capsules in nutraceutical industries and rising investments by major market players in capsule manufacturing plants is anticipated to boost the market growth.
MARKET SCOPE
The "Softgel capsules market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Softgel capsules market with detailed market segmentation by product type, raw material, application and end user. The Softgel capsules market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Softgel capsules market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The softgel capsules market is segmented on the basis of product type, raw material, application, and end user.s Based on product type, the market is segmented as gelatin softgel capsules and vegetarian softgel capsules. On the basis of raw material, the market is categorized as Type-A Gelatin (pork skin), Type-B gelatin (animal bones & calf skin), fish bone gelatin, hydroxy propyl methyl cellulose (HPMC), starch material, and pullulan. On the basis of application, the market is categorized as antacid & antiflatulent preparations, antianemic preparations (hematenic preparations), anti-inflammatory drugs, antibiotic & antibacterial drugs, cough & cold preparations, cardiovascular therapy drugs, vitamin & dietary supplements, others. On the basis of end-user, the market is categorized as pharmaceutical companies, nutraceutical companies, cosmeceutical companies, and contract manufacturing organizations.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the softgel capsules market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Softgel capsules market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting softgel capsules market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the softgel capsules market in these regions.
MARKET PLAYERS
The report covers key developments in the Softgel capsules market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from softgel capsules market are anticipated to have lucrative growth opportunities in the future with the rising demand for softgel capsules in the global market. Below mentioned is the list of few companies engaged in the Softgel capsules market.
The report also includes the profiles of key players in softgel capsules market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aenova Group GmbH
- Hunan Er-Kang Pharmaceutical Co., Ltd
- 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
- Others.
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