Softgel Capsules Market Size and Share By Industry Demand, Worldwide Research, Prominent Players, Emerging Trends, Investment Opportunities and Revenue Expectation till 2030

In a recently published report, Softgel Capsules Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Softgel Capsules Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Softgel Capsules Market is valued approximately at USD 2.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.46% over the forecast period 2020-2027.   A softgel consists of a gel-based layer containing a liquid or semi-solid (inner filling) drug or extract in the core. Softgel capsules deliver a range of advantages to customers, such as comfort, improved potency and bioavailability. Investments by companies in research and development activities and technical advances have contributed to the growth and use of other outlets for the processing of softgel capsules, which are vegetarian in nature, and also have streamlined manufacturing processes for softgel capsules. The softgel capsules have substituted other capsules which are hard to make. This, in fact, has driven the expansion of the market over the last few years and is expected to show a similar pattern in the foreseeable future.  Rising demand from health-conscious customers and the introduction of emerging technology by manufacturers to boost the market growth.

Apart from this, rising applications of Softgel Capsules In Nutraceutical Industries along with increasing investments by major market players in  Capsule Manufacturing Plants is expected to create significant growth opportunity in the market over the forecast period.  For instance, on April 2019,   Catalent announced investment of about USD 14 million in the softgel manufacturing facility. Similarly, in September 2019, Strides acquired US capsule facility and announced investment of about USD 10 million to increase the softgel capsule manufacturing facilities. However, high cost of vegetarian capsules and fluctuating prices of raw materials is expected to hamper the market growth.

The regional analysis of global Softgel Capsules market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to existence of a vast pharmaceutical sector and a massive pool of health-conscious consumers. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increased healthcare expenditure and rapid expansion of the pharmaceutical would create lucrative growth prospects for the Softgel Capsules market across Asia-Pacific region.

Major market player included in this report are:
Aenova Group GmbH
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
Hunan Er-Kang Pharmaceutical Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
    Gelatin Soft gel Capsules
   Vegetarian Softgel Capsules 

By Application:
   Antacid and Antiflatulent Preparations
Antianemic Preparations (Hematenic Preparations)
   Anti-Inflammatory Drugs
  Antibiotic and Antibacterial Drugs
   Cough and Cold Preparations
   Cardiovascular Therapy Drugs
   Health supplement
   Vitamins and Dietary Supplements
   Other Therapeutic Applications

By Raw Material* :
      Type-A Gelatin (Pork Skin)
   Type-B Gelatin
  Fish Bone Gelatin
   Hydroxy Propyl Methyl Cellulose (HPMC)
   Starch Material
   Pullulan

By End User :
Pharmaceutical Companies
Nutraceutical Companies
 Cosmeceutical Companies
 Contract Manufacturing Organizations 

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Softgel Capsules Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors   

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Chapter 1. Executive Summary           
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Softgel Capsules Market, by Region, 2018-2027 (USD Billion)
1.2.2. Softgel Capsules Market, by Product, 2018-2027 (USD Billion)
1.2.3. Softgel Capsules Market, by Raw Material, 2018-2027 (USD Billion)
1.2.4. Softgel Capsules Market, by End User, 2018-2027 (USD Billion)
1.2.5. Softgel Capsules Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption      
Chapter 2. Global Softgel Capsules Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Application: Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Softgel Capsules Market Dynamics
3.1. Softgel Capsules Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Softgel Capsules Market: Application: Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Softgel Capsules Market, by Product
5.1. Market Snapshot
5.2. Global Softgel Capsules Market by Product, Performance – Potential Analysis
5.3. Global Softgel Capsules  Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Softgel Capsules  Market, Sub Segment Analysis
5.4.1.   Gelatin Soft gel Capsules
5.4.2.   Vegetarian Softgel Capsules

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