What is Oil Softgel Capsules Market?
The term soft gelatin capsules is generally abbreviated to 'softgels' and also called as ‘one oiece’. Soft gelatin capsules has an advantages over hard gelatin capsules is to make a liquid formulation containing the drug in a one-piece outer gelatin shell. The softgel capsules are available in many sizes to provide dosing flexibility. The softgel capsules are made up of Fish oil, krill oil and pumpkin seed oil, which is encapsulated solutions or paste-like formulations which make them useful option when formulating poorly water-soluble drugs.
The market study is being classified by Type (Fish Oil, Krill Oil, Pumpkin Seed Oil and Other), by Application (Pharmaceutical, Health Supplements and Others) and major geographies with country level break-up.
Capsugel (United States), Aenova (Germany), Shineway (China), Catalent (United States), EuroCaps (United Kingdom), Captek (United States), Strides Arcolab (India), Capsugel (United States), Guangdong Yichao (China), Shanghai Donghai Pharmaceutical Co. Ltd (China), Procaps (Colombia) and Soft Gel Technologies (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sirio Pharma (China), Baihe Biotech (China), Ziguang Group (China), NBTY (United States) and Amster Labs (India).
The companies are exploring the market in new regions by adopting expansions, investments, new service launches and collaborations as their strategies. Some of the players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Recent developments in delivery technologies are improving the effectiveness of ingredients by allowing manufacturers to better design supplements with specific dissolution rates and release times. Research Analyst at AMA predicts that Chinese Players will contribute to the maximum growth of Global Oil Softgel Capsules market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Oil Softgel Capsules market by Type, Application and Region.
On the basis of geography, the market of Oil Softgel Capsules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing intake of supplements by consumers
Market Trend
- Growing demand for non-animal products
Restraints
- Vegetarian softgel to be rancid after only a few months
Opportunities
- Increasing healthcare awareness across people
- Recent technological advancements in softgel capsules
Challenges
- Vegetable-derived gelatin substitutes lack the strong shell
- Higher cost of materials involved in making vegetarian softgel
Market Leaders and some development strategies
July 08, 2018: Catalent signs agreement to acquire Juniper Pharmaceuticals, Inc.
Key Target Audience
Pharmaceutical Industry, Research Laboratories, Suppliers of Softgel Capsules and Wholesalers, distributers and retailers of Softgel Capsules