Softgel Capsule Market: Plant-based Capsules to Drive Growth 2030
The global softgel capsule market is set to experience significant growth, with the adoption of plant-based or vegetarian sources in capsule manufacturing playing a pivotal role. The market has witnessed increasing demand for softgel capsules due to their functional benefits, including improved absorption, ease of swallowing, enhanced bioavailability, and high atmospheric stability.
Market Highlights
- The demand for softgel capsules is on the rise due to advantages such as improved absorption, easy swallowing, enhanced bioavailability, and high atmospheric stability.
- Plant-based or vegetarian softgel capsules are gaining traction, catering to individuals who prefer plant-based products over animal derivatives.
- Gelatin capsules, despite the growth of plant-based alternatives, are expected to maintain a significant market share due to their proven advantages and patient compliance.
- North America is projected to lead the market due to the rising prevalence of cardiovascular diseases and favorable infrastructure for growth.
Key Drivers
- Plant-Based Capsules: The adoption of plant-based or vegetarian sources in capsule manufacturing, offering benefits such as better absorption, stability, and bioavailability, is driving market growth. These capsules also dissolve better in water at room temperatures and are considered natural and safe for long-term consumption.
- Gelatin Capsules: Gelatin capsules continue to contribute significantly to market growth due to their advantages such as tamper resistance, mechanical resistance, easy digestion, and clean label attributes. These capsules are highly patient compliant and offer effective drug delivery.
Growth Opportunities
- Cardiovascular Disease Prevalence: The softgel capsule market is witnessing growth in North America due to the increasing prevalence of cardiovascular diseases in the region. The use of softgel capsules for medications related to cardiovascular health is driving manufacturers growth potential.
- Collaborations and Alliances: Collaborations and alliances among key players are fueling growth in North America. Regulatory approvals, commercial distribution agreements, and acquisitions are enhancing the markets attractiveness in the region.
Competitive Landscape
- Key players in the global softgel capsule market include Fuji Capsule Co. Ltd., Soft Gel Technologies Inc., Sirio Pharma, United Laboratories, CAPTEK Softgel International Inc., Capsugel, Catalent Inc., Aenova Holding GmbH, Curtis Health Caps, and Fuji Capsule Co. Ltd.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/softgel-capsule-market
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COMTEX_439018949/2840/2023-08-25T08:33:48