Global Softgel Capsules Market Poised to Grow at a CAGR of 4.6% Through 2026
The global softgel capsules market is expected to register remarkable growth during the forecast period (2017 to 2026), according to a new market XploreMR. The growth of the market is mainly attributed to rising consumer awareness and concerns about body deficiencies, and subsequent consumption of vitamin and nutritional supplements in oral dosage formats.
Furthermore, increasing preference for oral dosage owing to effectiveness and ease in swallowing is acting as a growth driver to the softgel capsule market. On the other hand, increasing investments by manufacturers in research and development activities, coupled with advancements in technology have enabled the adoption of novel sources for producing softgel capsules.
These new sources have introduced vegetarian softgel capsules, and are also enabling seamless manufacturing procedures for softgel capsules. On the back of these factors, the global softgel capsules market is forecasted to progress at a healthy CAGR of 4.6% through the forecast period.
This report provides forecast and analysis of the global softgel capsules market. It provides estimated data for 2018, and forecast data up to 2026 in terms of revenue (US$ Mn). The report also includes macroeconomic indicators, along with an outlook on softgel capsules for the global market. It includes the drivers and restraints of the global softgel capsules market, and their impact on each region during the forecast period. The report also comprises the study of current issues with consumers and opportunities for softgel capsule products. It also includes supply chain analysis.
In order to provide the users of this report with a comprehensive view of the market, we have included detailed competitiveness analysis and key players, and a strategy overview of the softgel capsules market. The dashboard provides detailed comparison of softgel capsule manufacturers on parameters such as total revenue, product offerings, and key strategies. The study encompasses softgel capsules market attractiveness analysis by product type, raw material, end user, application, and region.
The report includes company profiles of the softgel capsules market, and the total revenue generated from companies across North America, Latin America, Europe, APAC, and MEA. By product type, the global softgel capsules market is segmented into gelatin softgel capsules and vegetarian softgel capsules. By raw material, the softgel capsules market is segmented into type-A gelatin (pork skin), type-B gelatin (animal bones & calf skin), fish bone gelatin, hydroxy propyl methyl cellulose (HPMC), starch material, and pullulan.
Furthermore, by end user, the global softgel capsules market is segmented as pharmaceutical companies, nutraceutical companies, cosmeceutical companies, and contract manufacturing organizations. For the calculation of the market size, the portfolio and revenues of companies were tracked. This was followed by evaluating the market share for the companies in the global market in terms of both, value and volume. The prices of empty softgel capsules were tracked at the manufacturer level, and the volume of the capsules was evaluated.
Global Market Study on Softgel Capsules: Gelatin-based Empty Softgel Capsules to Witness Decrease in Market Share over the Forecast PeriodBuy Now
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