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Global Softgel Capsules Market Report and Forecast 2024-2032
Market Report I 2023-09-21 I 140 Pages I EMR Inc.
Global Softgel Capsules Market Report and Forecast 2024-2032
Global Softgel Capsules Market Outlook
The global softgel capsules market was valued at USD 6.5 billion in 2023, driven by the increased consumer demand for health and wellness products, regulatory changes, and the expanding pharmaceutical and dietary supplement industries. The market size is anticipated to grow at a CAGR of 7.7% during the forecast period of 2024-2032 to achieve a value of USD 12.70 billion by 2032.
Softgel Capsules: Introduction
Softgel capsules, often simply referred to as softgels, are a popular pharmaceutical and dietary supplement dosage form known for their ease of swallowing, precise dosing, and rapid absorption. These capsules are widely used to deliver various types of liquid or semi-liquid substances, including oils, suspensions, and solutions, in a convenient and easily consumable format. Softgel capsules are used in various industries, including pharmaceuticals, dietary supplements, and cosmetics. softgel capsules are a versatile and convenient dosage form used to deliver a wide range of active ingredients in healthcare and consumer products. Their unique properties make them a preferred choice for many consumers and manufacturers seeking efficient and user-friendly delivery methods.
Key Trends in the Global Softgel Capsules Market
- Innovations in Formulations: Manufacturers are increasingly developing innovative formulations, combining multiple active ingredients in a single softgel capsule. These combinations often target specific health concerns or provide comprehensive nutritional support.
- Plant-Based and Vegan Softgels: With the growing popularity of plant-based and vegan lifestyles, there is a rising demand for softgel capsules made from alternative materials to traditional animal-derived gelatin, such as plant-based or algae-derived gelatin substitutes.
- CBD and Hemp Products: The legalization and acceptance of CBD (cannabidiol) and hemp-derived products have led to a surge in softgel capsules containing these compounds. CBD softgels are used for various purposes, including pain relief, relaxation, and anxiety management.
- Personalized Nutrition: Personalized and customized dietary supplements are gaining traction. Softgel capsules are suitable for delivering tailor-made nutritional solutions based on an individual's specific health needs and genetic makeup.
Global Softgel Capsules Market Segmentation
The market can be categorised into type, application, distribution channel and region.
Market Breakup by type
- Gelatin Capsules
- Non-Gelatin Capsules
o Starches
o Pullulan
o Others
Market Breakup by Application
- Pharmaceuticals
- Health Supplements
- Cosmetics
- Others
Market Breakup by distribution channel
- Supermarkets and Hypermarkets
- Pharmacies and Drug Stores
- Online Providers
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Softgel Capsules Market Overview
The global softgel capsules market has been experiencing steady growth due to several factors, including the increasing demand for dietary supplements, pharmaceuticals, and nutraceuticals. Softgel capsules are favoured for their ease of consumption, precise dosing, and enhanced bioavailability. The global softgel capsules market was experiencing healthy growth, driven by the expanding dietary supplements industry and pharmaceutical applications. The market was valued at several billion dollars, with a compound annual growth rate (CAGR) in the low to mid-single digits.
North America and Europe were significant markets for softgel capsules, driven by consumer preferences for dietary supplements and pharmaceuticals. Regulatory frameworks and quality standards in these regions contributed to the growth of the market. The Asia-Pacific region, particularly countries like China and India, had been witnessing rapid growth in the softgel capsules market. This growth was attributed to increasing disposable incomes, urbanization, and a growing middle-class population with a focus on health and wellness. These regions were also experiencing growth, albeit at a slower pace, due to rising consumer awareness of dietary supplements and increased healthcare spending.
Key Players in the Global Softgel Capsules Market
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in global softgel capsules market are as follows:
- Sirio Pharma Co., Ltd.
- Fuji Capsule Co., Ltd.
- CAPTEK Softgel International Inc.
- Catalent, Inc
- Cloverty
- Sochim International spa
- Aenova Group
- Eurocaps Limited
- Capsugel
- Procap Laboratories
- Soft gel Technologies Inc.
- Curtis Health Caps.
We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1Preface
1.1Objectives of the Study
1.2Key Assumptions
1.3Report Coverage - Key Segmentation and Scope
1.4Research Methodology
2Executive Summary
3Global Softgel Capsules Market Overview
3.1Global Softgel Capsules Market Historical Value (2017-2023)
3.2Global Softgel Capsules Market Forecast Value (2024-2032)
4Global Softgel Capsules Market Landscape
4.1Global Softgel Capsules Developers Landscape
4.1.1Analysis by Year of Establishment
4.1.2Analysis by Company Size
4.1.3Analysis by Region
4.2Global Softgel Capsules Product Landscape
4.2.1Analysis by Type
4.2.2Analysis by Application
4.2.3Analysis by Distribution Channel
5Global Softgel Capsules Market Dynamics
5.1Market Drivers and Constraints
5.2SWOT Analysis
5.3Porter's Five Forces Model
5.4Key Demand Indicators
5.5Key Price Indicators
5.6Industry Events, Initiatives, and Trends
5.7Value Chain Analysis
6Global Softgel Capsules Market Segmentation
6.1Global Softgel Capsules Market by Type
6.1.1Market Overview
6.1.2Gelatin Capsules
6.1.3Non-Gelatin Capsules
6.1.3.1Starches
6.1.3.2Pullulan
6.1.3.3Others
6.2Global Softgel Capsules Market by Application
6.2.1Market Overview
6.2.2Pharmaceuticals
6.2.3Health Supplements
6.2.4Cosmetics
6.2.5Others
6.3Global Softgel Capsules Market by Distribution Channel
6.3.1Market Overview
6.3.2Supermarkets and Hypermarkets
6.3.3Pharmacies and Drug Stores
6.3.4Online Providers
6.3.5Others
6.4Global Softgel Capsules Market by Region
6.4.1Market Overview
6.4.2North America
6.4.3Europe
6.4.4Asia Pacific
6.4.5Latin America
6.4.6Middle East and Africa
7North America Softgel Capsules Market
7.1Market Share by Country
7.2United States of America
7.3Canada
8Europe Softgel Capsules Market
8.1Market Share by Country
8.2United Kingdom
8.3Germany
8.4France
8.5Italy
8.6Others
9Asia Pacific Softgel Capsules Market
9.1Market Share by Country
9.2China
9.3Japan
9.4India
9.5ASEAN
9.6Australia
9.7Others
10Latin America Softgel Capsules Market
10.1Market Share by Country
10.2Brazil
10.3Argentina
10.4Mexico
10.5Others
11Middle East and Africa Softgel Capsules Market
11.1Market Share by Country
11.2Saudi Arabia
11.3United Arab Emirates
11.4Nigeria
11.5South Africa
11.6Others
12Patent Analysis
12.1Analysis by Type of Patent
12.2Analysis by Publication year
12.3Analysis by Issuing Authority
12.4Analysis by Patent Age
12.5Analysis by CPC Analysis
12.6Analysis by Patent Valuation
12.7Analysis by Key Players
13Grants Analysis
13.1Analysis by year
13.2Analysis by Amount Awarded
13.3Analysis by Issuing Authority
13.4Analysis by Grant Application
13.5Analysis by Funding Institute
13.6Analysis by NIH Departments
13.7Analysis by Recipient Organization
14Funding Analysis
14.1Analysis by Funding Instances
14.2Analysis by Type of Funding
14.3Analysis by Funding Amount
14.4Analysis by Leading Players
14.5Analysis by Leading Investors
14.6Analysis by Geography
15Partnership and Collaborations Analysis
15.1Analysis by Partnership Instances
15.2Analysis by Type of Partnership
15.3Analysis by Leading Players
15.4Analysis by Geography
16Regulatory Framework
16.1Regulatory Overview
16.1.1US FDA
16.1.2EU EMA
16.1.3INDIA CDSCO
16.1.4JAPAN PMDA
16.1.5Others
17Supplier Landscape
17.1Sirio Pharma Co., Ltd.
17.1.1Financial Analysis
17.1.2Product Portfolio
17.1.3Demographic Reach and Achievements
17.1.4Mergers and Acquisitions
17.1.5Certifications
17.2Fuji Capsule Co., Ltd.
17.2.1Financial Analysis
17.2.2Product Portfolio
17.2.3Demographic Reach and Achievements
17.2.4Mergers and Acquisitions
17.2.5Certifications
17.3CAPTEK Softgel International Inc.
17.3.1Financial Analysis
17.3.2Product Portfolio
17.3.3Demographic Reach and Achievements
17.3.4Mergers and Acquisitions
17.3.5Certifications
17.4Catalent, Inc
17.4.1Financial Analysis
17.4.2Financial Portfolio
17.4.3Demographic Reach and Achievements
17.4.4Mergers and Acquisitions
17.4.5Certifications
17.5Cloverty
17.5.1Financial Analysis
17.5.2Product Portfolio
17.5.3Demographic Reach and Achievements
17.5.4Mergers and Acquisitions
17.5.5Certifications
17.6Sochim International spa
17.6.1Financial Analysis
17.6.2Product Portfolio
17.6.3Demographic Reach and Achievements
17.6.4Mergers and Acquisitions
17.6.5Certifications
17.7Aenova Group
17.7.1Financial Analysis
17.7.2Product Portfolio
17.7.3Demographic Reach and Achievements
17.7.4Mergers and Acquisitions
17.7.5Certifications
17.8Eurocaps Limited
17.8.1Financial Analysis
17.8.2Product Portfolio
17.8.3Demographic Reach and Achievements
17.8.4Mergers and Acquisitions
17.8.5Certifications
17.9Capsugel
17.9.1Financial Analysis
17.9.2Product Portfolio
17.9.3Demographic Reach and Achievements
17.9.4Mergers and Acquisitions
17.9.5Certifications
17.10Procap Laboratories
17.10.1Financial Analysis
17.10.2Product Portfolio
17.10.3Demographic Reach and Achievements
17.10.4Mergers and Acquisitions
17.10.5Certifications
17.11Soft gel Technologies Inc.
17.11.1Financial Analysis
17.11.2Product Portfolio
17.11.3Demographic Reach and Achievements
17.11.4Mergers and Acquisitions
17.11.5Certifications
17.12Curtis Health Caps.
17.12.1Financial Analysis
17.12.2Product Portfolio
17.12.3Demographic Reach and Achievements
17.12.4Mergers and Acquisitions
17.12.5Certifications
18Global Softgel Capsules Market - Distribution Model (Additional Insight)
18.1Overview
18.2Potential Distributors
18.3Key Parameters for Distribution Partner Assessment
19Key Opinion Leaders (KOL) Insights (Additional Insight)
20Company Competitiveness Analysis (Additional Insight)
20.1Very Small Companies
20.2Small Companies
20.3Mid-Sized Companies
20.4Large Companies
20.5Very Large Companies
21Payment Methods (Additional Insight)
21.1Government Funded
21.2Private Insurance
21.3Out-of-Pocket
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