Advancements in formulation technologies have enabled softgels to encapsulate a wide range of functional ingredients, spurring innovations.
Key Takeaways
Key players operating in the 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, KD Pharma Group, United Laboratories, Soft Gel Technologies, Inc., Windzor Pharma Ltd, ZYUS Life Sciences Inc., and EuroCaps.
The Softgel Capsule Market Demand provides lucrative opportunities owing to the rising demand for nutraceuticals and dietary supplements. Leading players are focusing on expanding their product portfolios and production capacities through acquisitions and partnerships to cater to the growing demand.
Advancements in softgel formulation technologies have enabled encapsulation of a wide range of functional ingredients, including probiotics, peptides, and cannabis extracts. 3D printing and microencapsulation offer new avenues for innovation in softgel capsules.
Market drivers
The key drivers propelling the growth of softgel capsule market are -
1. Growing demand for functional foods and dietary supplements: The rising health consciousness among consumers and growing availability of dietary supplements have fueled the demand for softgel capsules containing vitamins, minerals, and other nutraceuticals.
2. Enhanced bioavailability: Softgel capsules protect ingredients from degradation and enhance their absorption in the body, thus improving bioavailability compared to tablets. This drives their use in supplements and medicinal formulations.
3. Easy swallowability: Softgel capsules are easier to swallow compared to tablets for people of all age groups including children and geriatric population which drives their preference.
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