SEATTLE–(BUSINESS WIRE)–#GelatinSoftgelCapsule–According to Coherent Market Insights, the global softgel capsule market is estimated to be valued at US$ 5,853.18 million in 2020 and is expected to exhibit a CAGR of 5.9% over the forecast period (2020-2027).
Key Trends and Analysis of the Global Softgel Capsule Market:
Key companies are focusing on product launches and product approvals to strengthen their position in softgel capsule market. For instance, in 2018 Lonza’s Capsule Delivery Solutions, a part of Lonza Pharma & Biotech, launched Capsugel Vcaps Gen C, a high-quality capsule based on a carrageenan gelling-agent formulation. This is the novel Lonza Capsugel Hydroxypropyl Methyl Cellulose (HPMC) capsule with vegan source.
Among regions, North America softgel capsule market is expected to exhibit higher growth rate, owing to increasing prevalence of cardiovascular diseases in adults in the region. For instance, according to the Center of Control and Prevention of Diseases Report Published in 2017, stated that in 2017, around 18.2 million of adults in the U.S suffered from coronary artery disease.
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Key Market Takeaways:
The global softgel capsule market is expected to exhibit a CAGR of 5.9% over the forecast period, owing to key companies focusing on product launches. (Read more…) For instance, in February 2020, Catalent, Inc, launched delayed release soft gelatin capsule OptiGel DR, a softgel capsule derived from natural plant polysaccharide source, which is used for the treatment of acidity.
Competitive Landscape:
Key players operating in the global softgel capsule market include Catalent, Inc, Aenova Group GmbH, Sirio Pharma Company Ltd, Captek Softgel International Inc, Elnova Pharma, Fuji Capsule Co., Ltd., Capsugel, EuroCaps Ltd, Guangdong Yichao Biological Co., Ltd., Hunan ER-KANG Pharmaceutical Co Ltd, and KD Pharma Group.
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Market Segmentation:
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Global Softgel Capsule Market, By Product Type:
- Gelatin Softgel Capsule
- Non-gelatin Softgel Capsule
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Global Softgel Capsule Market, By Source Type:
- Gelatin Type-A
- Gelatin Type-B
- Hydroxy Propyl Methyl Cellulose (HPMC)
- Others
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Global Softgel Capsule Market, By Application:
- Anti-inflammatory Drugs
- Antibiotic Drugs
- Health Supplements
- Cardiovascular Drugs
- Others
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Global Softgel Capsule Market, By End User:
- Pharmaceutical Companies
- Contract Manufacturing Organizations
- Others
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Global Softgel Capsule Market, By Region:
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North America
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By Country:
- U.S.
- Canada
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By Country:
-
Latin America
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By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
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By Country:
-
Europe
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By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
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By Country:
-
Asia Pacific
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By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
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By Country:
-
Middle East
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By Country:
- GCC
- Israel
- Rest of Middle East
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By Country:
-
Africa
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By Country/Region:
- South Africa
- Central Africa
- North Africa
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By Country/Region:
-
North America
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