Vegetarian softgel capsules market was valued at $0.52 billion in 2020 and is projected to reach $0.82 billion by 2030 registering a CAGR of 4.6% from 2021 to 2030. Ѕоftgеl іѕ uѕuаllу а ѕіnglе ріесе оf сарѕulе, соmmоnlу mаdе оf gеlаtіn аnd соnѕіѕtѕ оf lіquіd оr оіl-bаѕеd іngrеdіеntѕ. Оn thе оthеr hаnd, vеgеtаrіаn ѕоftgеl сарѕulеѕ аrе оbtаіnеd frоm рlаnt-bаѕеd nаturаl ѕоurсеѕ, frее оf аnіmаl dеrіvаtіvеѕ, genetically modified organism (GМО), аnd dеvоіd оf glutеn аnd mоdіfіеd ѕugаr. Vegetarian softgels can be divided into plant polysaccharides (pullulan), starches, and hydroxyl propyl methyl celluloses. These possess the benefits of suited for Halal or Kosher certification; pure, clear and elegant appearance with no taste or odor; ideal for improving the bioavailability of oil soluble ingredients; easy to swallow, safe, non-carcinogenic, and tamper evident.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
DuPont de Nemours, Inc., DCC Plc. (EuroCaps), Catalent Inc., Aenova Group, Sirio Pharma Co. (Ayanda), Procaps Group., Captek Softgel International, Inc., Lyfe Group (Caps Canada), Best Formulation Inc., and Robinson Pharma Inc.
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/3504
The vegetarian softgel capsules market is segmented on the basis of material, application, distribution channel, and region. By material, it is bifurcated into starch, cellulose, and pullulan. The starch segment was the major shareholder in 2020, owing to increase in adoption of starch softgel capsule for various nutritional as well as pharmaceutical purpose and availability of starch softgel capsule in market by various key players.
By application, it is segmented into pharmaceuticals, health supplements, and cosmetics. The health supplements segment dominated the global vegetarian softgel capsules market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase in application of vegetarian softgel capsules as heath supplements such as nutrient compounds includes vitamins, minerals, fiber, fatty acids, and amino acids to increase immune system, reduce anxiety, and boost overall health of people.
By distribution channel, it is segmented into hospital pharmacy, retail stores & pharmacy, and online providers. The retail stores & pharmacy acquired the largest vegetarian softgel capsules market share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to retail stores & pharmacy being the oldest and most conventional medium distributing vegetarian softgel capsules to consumers, and availability of these products at retail stores at discounted prices.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/3504
COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The COVID-19 pandemic has restrained the industry growth significantly, owing to owing to low adoption of vegetarian based capsules due to the disruptions in logistical chains and the easy availability of gelatin-based capsules. Thus, the outbreak of COVID-19 has negatively impacted the vegetarian softgel capsules market.
By application, it is segmented into pharmaceuticals, health supplements, and cosmetics. The health supplements segment dominated the global vegetarian softgel capsules market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase in application of vegetarian softgel capsules as heath supplements such as nutrient compounds includes vitamins, minerals, fiber, fatty acids, and amino acids to increase immune system, reduce anxiety, and boost overall health of people.
By distribution channel, it is segmented into hospital pharmacy, retail stores & pharmacy, and online providers. The retail stores & pharmacy acquired the largest vegetarian softgel capsules market share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to retail stores & pharmacy being the oldest and most conventional medium distributing vegetarian softgel capsules to consumers, and availability of these products at retail stores at discounted prices.
𝐕𝐀𝐋𝐔𝐄 𝐏𝐑𝐎𝐏𝐎𝐒𝐈𝐓𝐈𝐎𝐍𝐒 𝐑𝐄𝐋𝐀𝐓𝐄𝐃 𝐓𝐎 𝐓𝐇𝐄 𝐑𝐄𝐏𝐎𝐑𝐓:
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