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The Softgel Manufacturing Equipment market was estimated at around 250 million in 2021, growing at a CAGR of nearly 10.9% during 2022-2030. The market is projected to reach approximately USD 600 million by 2030.
Softgel capsules have a number of benefits, including ease of swallowing, odour and taste masking, better absorption, increased bioavailability, and excellent atmospheric stability. Thanks to advancements in industrial knowhow and the use of new materials, traditional capsules now have more features, including tamper-evident packaging, controlled drug release, and the formulation choice of potent APIS due to reduced stomach pH degradation, longer shelf life and appealing aesthetics.
Softgel producers have recently concentrated on creating gelatin-free capsules utilising plant-based polymers. Starch, HPMC, and pullulan-type gums. Vegetarians' medical needs are met by capsules free of gelatin. The main benefit of non-gelatin-based capsules is the technical advantages for producers and suppliers, as well as the decreased animal stock waste. Furthermore, the introduction of vegetable capsules by businesses like Aenova raised their sales revenue by a double-digit proportion. A chewable softgel capsule with improved flavour masking capabilities is being developed by Eurocaps. To expand their market share among the world's vegan population, other market giants like Catalent and Roquette are creating vegan capsules.
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Softgel Manufacturing Equipment Market: COVID – 19 Impact Analysis
Every industry has been impacted by the COVID-19 pandemic, including those in the following sectors: aerospace & defence, banking, financial services & insurance, ICT, agriculture, food & beverage, automotive & transportation, chemical & material, consumer goods, retail & eCommerce, energy & power, pharmaceutical & healthcare, packaging. The population has become increasingly confined to their houses and has cut back on their travel, which has a negative or good effect on the market as a whole.
After the COVID-19 pandemic broke out, the majority of businesses started doing research to create oral vaccinations. The market leader in softgel capsules, Catalent, teamed up with a top clinical-stage immunotherapy startup to meet the urgent demand for oral vaccinations. Additionally, research is being done to see if taking vitamin D supplements lessens the severity of mild and severe respiratory pain brought on by SAR-Cov-2 virus infection. The pandemic had varied effects on the pharmaceutical and nutraceutical industries.
Growth in Nutraceutical industry will accelerate the market’s growth
The nutraceutical industry expanded during this time as a result of increased use of minerals, vitamins, and other health supplements. As a result of product launches by emerging nutraceutical companies using distinctive capsule designs and an increase in the use of vegan and vegetarian capsule options, the market for nutraceuticals has increased. Due to the adoption of a healthy lifestyle and a demographic shift toward the elderly, the demand for vitamin capsules increased.
Market sales significantly increased as a result of the pandemic. The creation of capsules for medications needing a variety of excipients, such as oncology therapies, the improvement of research to create capsules for powerful and essential drug molecules to address bioavailability concerns, and the preference of patients for capsules over alternative oral dosage forms. Manufacturers are making a variety of efforts to offer distinctive empty softgel capsules that are more adaptable and practical for industry applications in the nutraceutical, pharmaceutical, and cosmeceutical sectors.
Due to their suitability for a variety of formulations, including liquid and solid dosage forms, and easy-to-use features when administering medications orally or through inhalation routes, various empty softgel capsules are more likely to be preferred by the pharmaceutical and nutraceutical industries. The market is seeing the introduction of a number of softgel capsule products with cutting-edge unique capsule features, such as chewcaps, hydrophilic sandwich (HS) capsules, duocaps, etc., which are in high demand from consumers.
Based on type the market is segmented as soft capsule encapsulation machines, soft capsule drying systems, and other auxiliary devices. By application, the market is segmented as pharmaceuticals, health supplements and others. In 2020, the nutraceutical sector held the highest share with 38%. Companies that produce nutraceuticals mostly work on creating dietary supplements, vitamins, and minerals. So, the development of softgel formulation is mostly a response to the growing demand for nutraceutical products. The majority of manufacturers of nutraceuticals derive roughly 31% of their overall revenue from their formulations. Its rapid development and sizable market share have been attributed to rising consumer knowledge of health supplements in developing countries, an increase in production facilities, and a spike in sales as a result of the COVID-19 epidemic. Due to increased collaboration with SMEs and outsourcing manufacturing softgel capsules, Pharma established the second highest share in this area, which directly drove the expansion of the Contract Manufacturing Organization (CMO) segment. The cosmeceutical market's increased demand for skin and hair care products has driven up the manufacturing of softgel capsules.
Report Scope
| Attribute | Description |
|---|---|
| Base Year | 2021 |
| Forecast period | 2022-2030 |
| Report Coverage | Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends |
| Regional scope | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
| Market Size(unit) | USD Million |
| CAGR (2022 to 2030) | 10.9% |
| Segments Covered |
By Type |
Regional Landscape
In 2021, North America will hold the greatest market share for Softgel at 29.13%. enhanced production methods, the presence of large businesses in the area, and increased R&D spending to diversify their product line. Additionally, the existence of consumers who are concerned about their health and the presence of pharma leaders in the area are the main causes of the greatest market share. With a CAGR of 8.7%, APAC is recognised as the market with the quickest growth. Factors contributing to the region's rapid growth include the huge number of generic drug producers in China and India, the rising need for affordable treatments, the booming economy, and the expansion of contract manufacturing businesses. The expansion of the European market is projected to be aided by the rise in spending on customised medicine and the implementation of high-tech softgel production methods.
The global Softgel Manufacturing Equipment market is segmented as follows:
By Type
By Application
By Region/Geography
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing awareness about plant based capsules
5.2.2. Technological evolution
5.3. Restrains
5.3.1. High Cost
5.4. Opportunities
5.4.1. Growing market
6. Global Softgel Manufacturing Equipment Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Soft capsule encapsulation machines
6.3. Soft capsule drying systems and
6.4. Other auxiliary devices
7. Global Softgel Manufacturing Equipment Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Pharmaceuticals
7.3. Health supplements and
7.4. Others
8. Global Softgel Manufacturing Equipment Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. Australia
8.4.5. South Korea
8.4.6. Rest of Asia-Pacific
8.5. South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
8.6.3. Egypt
8.6.4. Kuwait
8.6.5. Saudi Arabia
8.6.6. Rest of Middle East & Africa
9. Global Softgel Manufacturing Equipment Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Softgel Manufacturing Equipment market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Type Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Changsung
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Application Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. SKY
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Application Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Technophar
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Application Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Pharmagel
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Application Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. GIC Engineering
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Application Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Sankyo
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Application Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Kamata
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Application Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Bochang
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Application Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Tooltronics
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Application Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Long March Tiamin
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Application Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
List of Table
1. Global Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
2. Global Soft capsule encapsulation machines Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
3. Global Drying systems Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
4. Global Others Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
5. Global Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
6. Global Pharmaceuticals Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
7. Global Healthcare Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
8. Global Others Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
9. Global Softgel Manufacturing Equipment Market, By Region, 2022-2030(USD Billion)
10. Global Softgel Manufacturing Equipment Market, By North America, 2022-2030(USD Billion)
11. North America Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
12. North America Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
13. U.S. Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
14. U.S. Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
15. Canada Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
16. Canada Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
17. Mexico Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
18. Mexico Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
19. Europe Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
20. Europe Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
21. Germany Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
22. Germany Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
23. France Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
24. France Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
25. U.K. Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
26. U.K. Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
27. Italy Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
28. Italy Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
29. Spain Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
30. Spain Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
31. Rest of Europe Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
32. Rest of Europe Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
33. Asia Pacific Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
34. Asia Pacific Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
35. Japan Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
36. Japan Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
37. China Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
38. China Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
39. India Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
40. India Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
41. Australia Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
42. Australia Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
43. South Korea Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
44. South Korea Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
45. Rest of Asia-Pacific Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
46. Rest of Asia-Pacific Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
47. South America Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
48. South America Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
49. Brazil Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
50. Brazil Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
51. Argentina Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
52. Argentina Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
53. Rest of Latin America Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
54. Rest of Latin America Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
55. Middle East and Africa Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
56. Middle East and Africa Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
57. UAE Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
58. UAE Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
59. South Africa Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
60. South Africa Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
61. Egypt Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
62. Egypt Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
63. Kuwait Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
64. Kuwait Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
65. Saudi Arabia Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
66. Saudi Arabia Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
67. Rest of Middle East Softgel Manufacturing Equipment Market, By Type, 2022-2030(USD Billion)
68. Rest of Middle East Softgel Manufacturing Equipment Market, By Application, 2022-2030(USD Billion)
List of Figures
1. Global Softgel Manufacturing Equipment Market Segmentation
2. Softgel Manufacturing Equipment Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Softgel Manufacturing Equipment Market Attractiveness Analysis By Type
9. Global Softgel Manufacturing Equipment Market Attractiveness Analysis By Application
10. Global Softgel Manufacturing Equipment Market Attractiveness Analysis By Region
11. Global Softgel Manufacturing Equipment Market: Dynamics
12. Global Softgel Manufacturing Equipment Market Share By Type(2022 & 2030)
13. Global Softgel Manufacturing Equipment Market Share By Application(2022 & 2030)
14. Global Softgel Manufacturing Equipment Market Share by Regions (2022 & 2030)
15. Global Softgel Manufacturing Equipment Market Share by Company (2021)
By Type
By Application
By Region/Geography
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