Lucintel Forecasts the Global Softgel Capsules Market to Reach $12 Billion by 2030
Lucintel Forecasts the Global Softgel Capsules Market to Reach $12 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global softgel capsules market looks promising with opportunities in the pharmaceutical companies, nutraceutical companies, cosmeceutical companies, and contract manufacturing organizations markets. The global softgel capsules market is expected to reach an estimated $12 billion by 2030 from $8 billion in 2024 at a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing demand for nutraceuticals and dietary supplements, rising awareness towards preventive healthcare, and increasing number of ongoing trials in the industry.
A more than 150-page report to understand trends, opportunity and forecast in global softgel capsules market to 2030 by type (gelatin/animal and non-animal), product type (prescription medicine and health & dairy suppliments), application (antacid & anti-flatulent preparation, anti-anemic preparations, anti-inflammatory drugs, antibiotic and antibacterial drugs, cough and cold preparations, health supplement, vitamin and dietary supplement, and pregnancy), end use (pharmaceutical companies, nutraceutical companies, cosmeceutical companies, and contract manufacturing organizations), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that gelatin-based/animal-based will remain the larger segment over the forecast period as they are more cost-effective and widely available.
Within this market, pharmaceutical companies will remain the largest segment due to increasing demand for natural health products.
North America will remain the largest region over the forecast period due to the high demand for these products from consumers and healthcare professionals and increasing health-conscious consumers in the region.
Fuji Capsules, Sirio Pharma, Captek, Patheon, Catalent, Eurocaps, Aenova, Capsugel, Procaps Laboratories, Soft Gel Technologies are the major suppliers in the softgel capsules market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056