QY Research reported in 2019, the global softgel capsules market size was US$ 3824 million and it is expected to reach US$ 5405 million by the end of 2026, with a CAGR of 5.3% between 2020 and 2026.
Soft gelatin capsules, also called softgels, are manufactured as single piece capsule shell. It is a type of capsule with a solid outer shell and inner surrounding a liquid or semi-solid (inner fill) active ingredient that can be incorporated into the outer shell, the inner fill, or both.
Global Soft Gelatin Capsules Market- Key Players
Catalent, Aenova, Nature’s Bounty, Procaps, Patheon (Thermo Fisher Scientific), IVC, EuroCaps, Captek, Strides Pharma Science, Lonza (Capsugel), Soft Gel Technologies, Amway, Sirio Pharma, Baihe Biotech, Ziguang Group, Shineway, Donghai Pharm, By-Health, Yuwang Group, Guangdong Yichao, are some of the key players, functioning in the global soft gelatin capsules market. In 2019, 201.1 billion capsules were sold globally and Catalent held the largest share with 23.17%.
Pharmaceutical Industry and Health Supplements to boost the global Soft Gelatin Capsules market
Softgel capsules are drug formulations which are unique in their packaging of the drug concentrate in a manner that increases efficiency of drug delivery. These capsules utilize a gelatin or starch coating around a liquid or semi-solid pharmaceutical preparation, which ensures that the preparation reaches the stomach and enteric system intact, increasing the bioavailability of said preparation. Drugs are often not able to reach good bioavailability in the human body due to their early dissolution in pre-enteric secretions. Softgel capsules circumvent that problem and hence are utilized today for various drug delivery systems. Also, increase in demand of nutraceutical products such as vitamins, micronutrients and other supplements grows, owing to rapid ageing of the world population and poor diets, stimulating the softgel capsule industry further.
Global Soft Gelatin Capsules Market: Segmental Analysis
There are mainly gelatin type and non-animal type soft capsules in the market. Gelatin is a substance that is derived from collagen, which in turn is extracted from animal skin and bones. Gelatin is a widely used food additive. However, gelatin is not vegetarian, and may be unacceptable to those following strict kosher or halal diets. Presently, above 90% soft capsules are gelatin type.
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