Market OverviewSoftgel capsules are derived using gelatin as major raw material. Investments by the manufacturers in R&D activities and technological advancements have led to development and usage of the other sources for manufacturing these softgel capsules that are vegetarian in nature, and provide seamless manufacturing procedures. The health-conscious consumers market is seeking the natural, 'green' products is thriving. Over 50 percent of the consumers are currently willing to pay the premium price for natural product, and closely half are willing to pay more for the organic products, this is anticipated to drive growth of vegetarian softgel capsules (starch, HPMC, pullulan softgel capsules) segment.
Rising concerns among consumers and the healthcare spending have led to demand for health supplements, and prescribed medication globally. People are becoming conscious about the body deficiencies, and choosing for nutritional and vitamin supplements that are confined in oral dosage format, and are easy to swallow and the nutrients get well-absorbed in body. Thus, advent of the softgel capsules plays major role among the infants and children and the old people, as they face risk of not being capable to swallow tablet properly.
Segment OverviewAugmented consumption of the capsuled nutrition, vitamin, and supplement dosage to support growth of global softgel capsule market over the forecast period. Furthermore, sports nutrition is no longer taken by the weightlifters and professional athletes only. Global events, gym-goers, marathons, and game events have together thrown sports into spotlight, and rising interest in body image and fitness has made brands shift themselves towards providing products for healthy lifestyle. The growing interest among the consumers towards health awareness is likely to outweigh professional athletes. Thus, sellers are keeping more space for the sports nutrition products. This gives the sport supplement manufacturers opportunity to market the sports nutrition products to varied and vast consumer base in oral dosage format globally.
Regional OverviewNorth America is presently the largest market for the softgel capsule and is expected to retain its market position over 2026. The market in the North America surpassed a significant valuation in 2019. Existence of vast pharmaceutical sector and massive pool of the health-conscious consumers can be accredited to growth of market in North America. A sharp rise in the sales of the softgel capsules in APAC with China demonstrating the largest share. Augmented healthcare expenditure and the rapid expansion of pharmaceutical sector in the region has opened new opportunities for the market players operating in the region.
Competitor overviewPlayers in the softgel capsules market are providing oral bioavailability, content uniformity, and liquid as well as semi-solid preparations of medications by introducing the high-quality softgel capsules. Increasing popularity of the softgel format of the medication is supplementary encouraging manufacturers in the softgel capsules market to invest in the advanced developed technologies to introduce high-quality softgel capsules.
Key Players
- Catalent
- NBTY
- Procaps
- Aenova
- Patheon (now Thermo Fisher Scientific)
- IVC
- Captek
- Strides Shasun
- EuroCaps
- Lonza (Capsugel)
- Soft Gel Technologies
- Sirio Pharma
- Baihe Biotech
- Amway
- Ziguang Group
- Shineway
- By-Health
- Yuwang Group
- Donghai Pharm
- Guangdong Yichao
Market SegmentationBy Type
By Application
- Supplements
- Nutrition
- Vitamins
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model