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Softgel Capsules Market 2030: Innovations in Vegan and Plant-Based Options

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Softgel Capsules Market Growth & Trends The global softgel capsules market size is estimated to reach USD 13.09 billion by 2030 registering a CAGR of 6.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Softgel capsules are proven to be the choice of formulation for poorly soluble drugs and enhance the absorption time of most drug molecules. Its advantages over tablets and other oral formulations have led to the increased adoption of softgel capsules across the globe. Ease of swallowing, taste masking, improved bioavailability, non-reactive, aesthetically appealing, and longer shelf life are the factors influencing its wide acceptance. Leading players like Catalent, Eurocaps, and many others, are developing vegan capsules to broaden their vegan consumer base as the softgel capsule segment registers nearly 40% of their overall revenue. Large Pharma companies like Pfizer, Novartis, Bayer, and Procter and Gamble, collaborate with leading Contr...

Softgel Capsules Market Consumption and Revenue Forecast by Regions 2030

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Softgel Capsules Market Growth & Trends The global  softgel capsules market  size is estimated to reach USD 13.09 billion by 2030 registering a CAGR of 7.9%, according to a new report by Grand View Research, Inc. Softgel capsules are proven to be the choice of formulation for poorly soluble drugs and enhance the absorption time of most drug molecules. Its advantages over tablets and other oral formulations have led to the increased adoption of softgel capsules across the globe. Ease of swallowing, taste masking, improved bioavailability, non-reactive, aesthetically appealing, and longer shelf life are the factors influencing its wide acceptance. Softgel Capsules Market Segmentation Grand View Research has segmented the softgel capsules market based on type, application, manufacturer, and region: Based on the Type Insights, the market is segmented into Gelatin/ Animal-Based and Non-animal Based. The gelatin-based/ animal-based segment accounted for the largest share...