Softgel Capsules Market : Asia-Pacific is Predicted to Grow at the Highest CAGR

1. GET PDF GLOBAL OPPORTUNITY  ANALYSIS AND INDUSTRY  FORECAST 2021-2031 Softgel Capsule Market   KNOW MORE

2. CURRENT AND FUTURE MARKET SCENARIO • The softgel capsules market size was valued at $4.4 billion in 2021 • The global softgel capsules market is projected to reach $2.1 billion by 2030. • The global softgel capsules market registering  CAGR of 5.4% from 2022 to 2031.

3. FACTORS CONTRIBUTING TO MARKET GROWTH • Softgel capsules market trends that drive the growth of the market include, increase in demand for softgel capsules in developed countries such as U.S, rapid development of the e-commerce industry due to easy access to e-commerce, and wide availability of smart device. In addition, increase in government expenditure on healthcare further fuels the growth of the market. • Conversely, high manufacturing cost of vegetarian softgel capsules, owing to their specialized raw material and production processes are expected to limit the growth of the market during the forecast period. On the other hand, surge in innovations in the pharmaceutical industry for the production of softgel capsule owing to massive pool of health-conscious consumers is expected to offer profitable opportunities for the softgel capsules market growth during the forecast period. For more detail: Click Here

4. GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Based on region, the market across North America contributed to more than two-fifths of the total softgel capsules market in 2021, and is expected to maintain its dominance during the forecast period. However, Asia-Pacific would grow at the fastest CAGR of 6.9% from 2022 to 2031. The other two provinces discussed in the report include Europe and LAMEA.

5. LEADING MARKET PLAYERS • Aenova Group • Best Formulations, Inc. • CaptekSoftgel International, Inc. • Catalant, Inc. • DCC Plc. (Eurocaps) • Procaps Group • Robinson Pharma, Inc. • Lyfe Group (Caps Canada) • Sirio Pharma Co. (Ayanda) • Thermofisher Scientific, Inc. (Patheon)

6. A Report Titled “Softgel Capsule Market- Global Opportunities And Forecasts, 2022– 2031” Has Been Recently Published By Allied Market Research. It Makes An In-depth Analysis Of Current Trends, Drivers, And Restraining Factors That Affect Financial Ratios Relevant To The Industry. Company Profiles For Key Vendors In Business Builds A Comprehensive Picture Of Profitable Opportunities From Stakeholder’s Perspective. To Know More AboutSoftgel Capsule Market- Opportunities and Forecasts, 2021– 2030 Read More Purchase Enquiry -Click Here Follow Allied Market Research

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