Softgel capsules (or soft gelatin capsules) are a solid capsule that surrounds a liquid or semi-solid center (inner fill). They consist of a gelatin based shell surrounding a liquid fill. Softgel shells are a combination of opacifier, water, gelatin, and a plasticizer such as sorbitol(s) and/or glycerin. It is a multivitamin product used to prevent or treat vitamin deficiency due to certain illnesses, poor diet, or during pregnancy. Moreover, these capsules can be used to improve bioavailability by delivering the drug in solutions or other absorption enhancing media.
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The emergence of COVID-19 in various countries around the world has affected the financial position of major players in the market. One of the areas affected by the outbreak of COVID-19 is the private healthcare sector. Moreover, the pandemic has impacted various aspects of the market, such as production, development, and drug supply, as well as affected the growth of various companies due to lockdowns implemented by many governments worldwide.
Increasing prevalence or incidence of heart disease, especially in North America, is expected to propel the global softgel capsule market growth over the forecast period. For instance, in 2019, according to American Heart Association, around 1,055,000 people in the United States suffered from coronary heart diseases.
Moreover, robust product pipeline, approval of new softgel capsules by regulatory bodies, and increasing demand for softgel capsule is expected to augment the growth of the global softgel capsule market. For instance, in June 2020, Aenova Group GmbH expanded its production capacities by expanding the production unit of Dragenopharm Apotheker Püschl GmbH, one of the subsidiaries of Aenova Group Gmbh and leading manufacturer of pharmaceuticals and dietary supplements in Tittmoning.
Low stability of softgel capsules with water soluble compounds, as well as with compounds susceptible towards hydrolysis, is expected to hinder growth of the global softgel capsule market.
North America is expected to witness significant growth in the global softgel capsule market due to the presence of several high-end manufacturers in the region. Major players are adopting various strategies, such as facility expansion, to increase production capacity in market. For instance, in October 2020, Catalent Inc. invested US$ 93 million to expand its overall production capacity of capsules within CHI’s Capsugel portfolio by manufacturing 30 billion capsules annually.
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By Product Type:
- Gelatin Softgel Capsule
- Non-gelatin Softgel Capsule
By Source Type:
- Gelatin Type-A
- Gelatin Type-B
- Hydroxy Propyl Methyl Cellulose (HPMC)
- Anti-inflammatory Drugs
- Antibiotic drugs
- Health Supplements
- Cardiovascular Drugs
By End User:
- Pharmaceutical Companies
- Contract Manufacturing Organizations
- North America
- Latin America
- Europe: Germany
- Asia Pacific
- Middle East and Africa
Major players operating in the global softgel capsule market are Catalent, Inc, Aenova Group GmbH, Sirio Pharma Company Ltd, Captek Softgel International Inc, Elnova Pharma, Fuji Capsule Co., Ltd., Capsugel, EuroCaps Ltd, Lotus Pharmaceuticals, Guangdong Yichao Biological Co., Ltd., Hunan ER-KANG Pharmaceutical Co Ltd, and KD Pharma Group.
In 2019, Lotus Pharmaceuticals launched Vinorelbine 20, 30, and 80 mg softgel capsule in Europe. Vinorelbine is the generic version of Pierre Fabre Medicament’s Navelbine that can be used for the treatment of breast cancer and advanced non-small cell lung cancer.
In 2018, Sirio Pharma signed Probiotic Strategy Cooperation Agreement (BC30) with the Kerry Group to drive the probiotic gummy texture softgel capsules sector in China.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Softgel Capsule Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Softgel Capsule Industry Impact
Chapter 2 Global Softgel Capsule Competition by Types, Applications, and Top Regions and Countries
2.1 Global Softgel Capsule (Volume and Value) by Type
2.3 Global Softgel Capsule (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Softgel Capsule Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Softgel Capsule Market Analysis
Chapter 6 East Asia Softgel Capsule Market Analysis
Chapter 7 Europe Softgel Capsule Market Analysis
Chapter 8 South Asia Softgel Capsule Market Analysis
Chapter 9 Southeast Asia Softgel Capsule Market Analysis
Chapter 10 Middle East Softgel Capsule Market Analysis
Chapter 11 Africa Softgel Capsule Market Analysis
Chapter 12 Oceania Softgel Capsule Market Analysis
Chapter 13 South America Softgel Capsule Market Analysis
Chapter 14 Company Profiles and Key Figures in Softgel Capsule Business
Chapter 15 Global Softgel Capsule Market Forecast (2021-2027)
Chapter 16 Conclusions
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