Globally, many pharmaceutical companies and other sectors are making use of the softgel capsules for several usages and thereby increasing the demand in the market. The growth of this industry banks on various products, therapeutic usages, and regions. Some softgel capsules are gelatin based are derived from bovine or pig meat, whereas, a few are based out of bone meal or fish and poultry based. Major industries contributing towards softgels market growth are pharmaceuticals, cosmetics, nutraceutical and research labs, etc.

Presently, the gelatin capsules market industry is responsible for garnering the biggest revenue share of the global empty capsules segment. Elements that contributed to such massive demand are elaborated choice of formulations using hard gelatin capsules along with favored drug suspension characteristics, and safety and sanitation of the capsules that contain the medicinal components. The demand of the softgel capsules has impacted the overall empty capsules market in past decade. By the year 2021, it is predicted to reach US $2.13 billion.

Lastly, increasing geriatric population along with rising demand of the empty capsules in the pharmaceutical industries, end-users preference towards capsule-based formulations, etc. are a few factors responsible for the constant growth of this industry on a global level. Geographically, the global softgel capsules industry is segmented into North America, Asia Pacific, Europe and Rest of the World such as Middle East, Africa and Latin America.

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