Soft Gelatin Capsule Market Size, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period


Posted May 13, 2024 by Jameslin

Soft Gelatin Capsule Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

 
The soft gelatin capsule market is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030, from a valuation of approximately USD 8 billion in 2022. The market is expected to be aligned with vast industries, making it a sustainable and growing market. Soft gelatin capsules are essential for the bioavailability and stability of supplements.
Because of their advantages, including enhanced bioavailability, improved stability, and precise dosing, soft gel capsules—also known as soft gelatin capsules or soft gels—are frequently used as a dosage form in the pharmaceutical and dietary supplement industries. Soft gels are composed of a gelatin shell filled with a liquid, semi-solid, or suspension formulation. The gelatin shell is flexible and easy to swallow, making it a preferred option for patients who have trouble swallowing tablets or capsules.

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GROWTH DRIVERS
The demand for the product is driven by consumer preference for easy-to-swallow dosage forms because they are easier to swallow than traditional tablets or hard capsules, especially in senior patients. Soft gelatin capsules, or softgels, are a popular oral dose form that many patients prefer over other solid oral dosage forms because they feel easier to swallow, which increases patient compliance, according to Tablets and Capsules.
Demand for dietary supplements is rising as customers become more conscious of their health and well-being. Soft gelatins are frequently used to stabilize and increase the bioavailability of vitamins, minerals, and botanical extracts. Soft gel capsules are being added to the product portfolios of pharmaceutical companies as a means of improving bioavailability and delivering medications that are poorly soluble. the expansion of the nutraceutical businesses, fueled by consumers' growing interest in wellness and health products.
MARKET SEGMENTATION:
· By Gelatin Type – Bovine gelatin, porcine gelatin, fish gelatin and other gelatin sources
· By Product Application – Pharmaceuticals (anti-inflammatory drugs, antacid and anti- flatulent preparations, antibiotic and antibacterial drugs, cardiovascular drugs, anti-anemic preparations, cough and cold preparations and others pharmaceutical products), Health Supplements (vitamins and dietary supplements, pregnancy supplements and others), Cosmetic products and other applications.
· By End–User sector - cosmeceutical companies, pharmaceutical companies, contract manufacturing organizations, nutraceutical companies and others
· By Region - North America, Europe, Asia Pacific, the Middle East and Africa, and South America
Global Key Players:
· Catalent Inc.
· Aenova Group
· Lonza Group
· Sirio Pharma Co.
· Soft Gel Technologies
· EuroCaps
· Captek Softgel International
· Patheon Pharma Services
· PB Leiner
· Weishardt Gelatines

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Categories Health , Manufacturing , Medical
Tags soft gelatin capsule market , soft gelatin capsule market size , soft gelatin capsule market news , soft gelatin capsule market trends
Last Updated May 13, 2024