Softgel Capsules Market Size By Type (Gelatin /Animal-based, Non-animal based), By Application ( Antacid & Anti-flatulent Preparations, Anti-anemic Preparations, Anti-inflammatory Drugs, Antibiotic & Antibacterial Drugs, Cough & Cold Preparations, Health Supplement, Vitamin & Dietary Supplement, Pregnancy), By End User and Region Forecast to 2023-2032
Report Description
The global Softgel Capsules market size was valued at USD 8,000.7 million in 2022, expanding at a CAGR of 8.1% from 2023-2030 to reach 10,508.1 Million USD in 2030.
Market Dynamics
The development of capsules for drugs requiring multiple excipients, such as oncology medications, the increase in improved research to develop capsules for potent and crucial drug molecules to overcome bioavailability issues, and the preference of patients for capsules over other oral dosage forms are other factors influencing the market growth. Softgel capsules offer several advantages, such as being easy to swallow, reducing unwanted odors and tastes, improving absorption and bioavailability, and providing exceptional stability in various atmospheres. The advancements in manufacturing technology and the introduction of new materials have led to enhanced features in traditional capsules, including controlled drug release, tamper-proof packaging, and options for formulating potent active pharmaceutical ingredients (APIs) with reduced degradation in the stomach due to low pH levels, attractive appearance, and extended shelf life.
After the COVID-19 pandemic broke out, the majority of businesses started doing research to create oral vaccinations. The market leader in soft gel capsules, Catalent, teamed up with a top clinical-stage immunotherapy startup to meet the urgent demand for oral vaccinations. Additionally, research is being done to see if taking vitamin D supplements lessens the severity of mild and severe respiratory pain brought on by SAR-Cov-2 virus infection. The pandemic had varied effects on the pharmaceutical and nutraceutical industries. Because of the increased intake of vitamins, minerals, and other health supplements, the nutraceutical sector grew during this time. The demand for nutraceuticals has grown as a result of product launches by developing nutraceutical firms using unique capsule designs and a rise in the use of vegan and vegetarian capsule choices. The market for vitamin capsules saw a jump in demand due to the adoption of a healthy lifestyle and a demographic shift towards the elderly.
The pandemic caused a considerable increase in market sales. The development of capsules for drugs requiring multiple excipients, such as oncology medications, the increase in improved research to develop capsules for potent and crucial drug molecules to overcome bioavailability issues, and the preference of patients for capsules over other oral dosage forms are other factors influencing the market growth.
Regional Insights
In 2022, the major portion of the Softgel market is in North America. enhanced production methods, the presence of large businesses in the area, and increased R&D spending to diversify their product line. The presence of pharma leaders in the area and the existence of health-conscious customers are other contributing variables that account for the biggest market share. The market with the fastest growth, though, is APAC. High growth is attributed to a number of factors, including the profusion of generic drug producers in China and India, rising demand for affordable treatments, booming economic conditions, and expansion of contract manufacturing businesses in the area. The expansion of the European market is projected to be aided by the rise in spending on customized medicine and the implementation of high-tech softgel production methods.
Segment Dynamics
The Softgel Capsules market is fragmented into the type, application, and end-user segments. Based on the segment type, the gelatin segment is anticipated to dominate the market. By application, the Antacid & Anti-flatulent Preparations segment is projected to grow at the highest rate (CAGR) during the forecast period. By end user, the pharmaceutical segment is expected to hold the majority of the market share.
Competitive Insights
The Softgel Capsules market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic mergers & acquisitions, partnerships, and new product launches to remain competent in the market. For example, in August 2022, Catalent, Inc. acquired Bettera Holdings, LLC, a prominent manufacturer in the nutritional supplements market. This has significantly strengthened the company's soft gel product portfolio and broadened manufacturing capabilities.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Softgel Capsules by type, region, and application. In addition, this report introduces the market competition situation among the vendors, and company profile, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- Fuji Capsules Co Ltd
- Sirio Pharma
- Captek
- Patheon
- Catalent
- Eurocaps
- Aenova
- Capsugel
- Procaps Laboratories
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Gelatin /Animal-based
- Non-animal based
Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Antacid & Anti-flatulent Preparations
- Anti-anemic Preparations
- Anti-inflammatory Drugs
- Antibiotic & Antibacterial Drugs
- Cough & Cold Preparations
- Health Supplement
- Vitamin & Dietary Supplement
- Pregnancy
End User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Pharmaceutical Companies
- Nutraceutical Companies
- Cosmeceutical Companies
- Contract Manufacturing Organizations
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
TABLE OF CONTENT
1. Softgel Capsules Market Overview
1.1. Product Overview and Scope of Softgel Capsules
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Softgel Capsules Market Size Growth Rate Analysis by Type, 2023 VS 2032
1.3.1. Gelatin /Animal-based
1.3.2. Non-animal based
1.4. Global Softgel Capsules Consumption Comparison by Application: 2023 VS 2032
1.4.1. Antacid & Anti-flatulent Preparations
1.4.2. Anti-anemic Preparations
1.4.3. Anti-inflammatory Drugs
1.4.4. Antibiotic & Antibacterial Drugs
1.4.5. Cough & Cold Preparations
1.4.6. Health Supplement
1.4.7. Vitamin & Dietary Supplement
1.4.8. Pregnancy
1.5. Global Softgel Capsules Consumption Comparison by End User: 2023 VS 2032
1.5.1. Pharmaceutical Companies
1.5.2. Nutraceutical Companies
1.5.3. Cosmeceutical Companies
1.5.4. Contract Manufacturing Organizations
1.6. Global Softgel Capsules Market Size Estimates and Forecasts by Region: 2023 VS 2032
1.6.1. North America Softgel Capsules Estimates
1.6.2. Europe Softgel Capsules Estimates
1.6.3. China Softgel Capsules Estimates
1.6.4. Japan Softgel Capsules Estimates
2. Market Competition by Manufacturers
2.1. Global Softgel Capsules Revenue Market Share by Manufacturers (2020)
2.2. Softgel Capsules Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Softgel Capsules Average Price by Manufacturers (2023-2032)
2.4. Manufacturers Softgel Capsules Production Sites, Area Served, Product Types
2.5. Softgel Capsules Market Competitive Situation and Trends
2.5.1. Softgel Capsules Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Softgel Capsules Consumption by Region (2023-2032)
3.1. Global Softgel Capsules Consumption by Region
3.2. Global Softgel Capsules Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Softgel Capsules Consumption Growth Rate (2023-2032)
3.2.3. North America Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
3.2.4. North America Softgel Capsules Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Softgel Capsules Consumption Growth Rate (2023-2032)
3.2.7. Europe Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
3.2.8. Europe Softgel Capsules Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Softgel Capsules Consumption Growth Rate (2023-2032)
3.2.11. Asia Pacific Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
3.2.12. Asia Pacific Softgel Capsules Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Softgel Capsules Consumption Growth Rate (2023-2032)
3.2.15. South America Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
3.2.16. South America Softgel Capsules Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Softgel Capsules Consumption Growth Rate (2023-2032)
3.2.19. Middle East and Africa Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
3.2.20. Middle East and Africa Softgel Capsules Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Softgel Capsules Consumption by Type (2023-2032)
4.1. Global Softgel Capsules Price by Type (2023-2032)
4.2. Global Softgel Capsules Revenue Market Share by Type (2023-2032)
4.2.1. Gelatin /Animal based
4.2.2. Non-animal based
5. Global Softgel Capsules Consumption by Application (2023-2032)
5.1. Global Softgel Capsules Price by Application (2023-2032)
5.2. Global Softgel Capsules Revenue Market Share by Application (2023-2032)
5.2.1. Antacid & Anti-flatulent Preparations
5.2.2. Anti-anemic Preparations
5.2.3. Anti-inflammatory Drugs
5.2.4. Antibiotic & Antibacterial Drugs
5.2.5. Cough & Cold Preparations
5.2.6. Health Supplement
5.2.7. Vitamin & Dietary Supplement
5.2.8. Pregnancy
6. Global Softgel Capsules Consumption by End User (2023-2032)
6.1. Global Softgel Capsules Price by End User (2023-2032)
6.2. Global Softgel Capsules Revenue Market Share by End User (2023-2032)
6.2.1. Pharmaceutical Companies
6.2.2. Nutraceutical Companies
6.2.3. Cosmeceutical Companies
6.2.4. Contract Manufacturing Organizations
7. Key Companies Profiled
7.1. Sirio Pharma
7.1.1. Sirio Pharma Softgel Capsules Corporation Information
7.1.2. Sirio Pharma Softgel Capsules Product Portfolio
7.1.3. Sirio Pharma Softgel Capsules Consumption, Price and Gross Margin (2023-2032)
7.1.4. Sirio Pharma Main Business and Markets Served
7.1.5. Sirio Pharma Recent Developments/Updates
7.2. Captek
7.3. Patheon
7.4. Catalent
7.5. Eurocaps
7.6. Aenova
7.7. Capsugel
7.8. Procaps Laboratories
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. Softgel Capsules Distributors List
8.3. Softgel Capsules Customers
9. Market Dynamics
9.1. Softgel Capsules Industry Trends
9.2. Softgel Capsules Growth Drivers
9.3. Softgel Capsules Market Challenges
9.4. Softgel Capsules Market Restraints
10. Global Softgel Capsules Consumption and Demand Forecast, by Region (2023-2032)
10.1. Global Forecasted Demand Analysis of Softgel Capsules, by Regions and Country
10.1.1. North America Forecasted Consumption of Softgel Capsules by Country
10.1.2. Europe Market Forecasted Consumption of Softgel Capsules by Country
10.1.3. Asia Pacific Market Forecasted Consumption of Softgel Capsules by Region
10.1.4. Latin America Forecasted Consumption of Softgel Capsules by Country
10.1.5. Middle East and Africa Forecasted Consumption of Softgel Capsules by Country
11. Global Softgel Capsules Consumption and Demand Forecast, by Type Segments (2023-2032)
11.1. Global Forecasted Consumption of Softgel Capsules by Type Segments (2023-2032)
11.2. Global Consumption and Price Forecast by Type Segments (2023-2032)
11.3. Global Forecasted Growth Rate of Softgel Capsules by Type Segments (2023-2032)
12. Global Softgel Capsules Consumption and Demand Forecast, by Application Segments (2023-2032)
12.1. Global Forecasted Consumption of Softgel Capsules by Application Segments (2023-2032)
12.2. Global Consumption and Price Forecast by Application Segments (2023-2032)
12.3. Global Forecasted Growth Rate of Softgel Capsules by Application Segments (2023-2032)
13. Global Softgel Capsules Consumption and Demand Forecast, by End User Segments (2023-2032)
13.1. Global Forecasted Consumption of Softgel Capsules by End User Segments (2023-2032)
13.2. Global Consumption and Price Forecast by End User Segments (2023-2032)
13.3. Global Forecasted Growth Rate of Softgel Capsules by End User Segments (2023-2032)
14. Research Finding and Conclusion
15. Methodology and Data Source
15.1. Methodology/Research Approach
15.1.1. Research Programs/Type
15.1.2. Market Size Estimation
15.1.3. Market Breakdown and Data Triangulation
15.2. Data Source
15.2.1. Secondary Sources
15.2.2. Primary Sources
15.3. Author List
15.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
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- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
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