The global Softgel Machine market was valued at US$ 168 million in 2019 and it is expected to reach US$ 400.2 million by the end of 2026, growing at a CAGR of 12.1% during 2021-2026.
The Softgel Machine includes a line of machines that produce softgel, such as soft capsule encapsulation machine, soft capsule drying system, etc. The typical players include Changsung Softgel System, Technophar, SKY, Pharmagel, GIC Engineering, etc.
Geographically, APAC is the fastest-growing region, especially China, which plays a more important role in the world. APAC market took up about 39.61% of the global market in 2019, while Americas and Europe were about 33.77%, 21.75%.
By types, Softgel manufacturing equipment main includes soft capsule encapsulation machine, soft capsule drying systems and other auxiliary devices. Soft capsule encapsulation machine is the most expensive type which took up about 66.76 % of the total cost in 2019.
By applications, Softgel Manufacturing Equipment are mainly used in Pharmaceutical, Health Supplements and others. And Health Supplements was the most widely used area which took up about 64.29% of the total in 2019.
Due to the Covid-19, the global market size suffer a decline in the growth rate, especially in the late March and April, the situation now is improving, the market will be better and return to the normal status in the next year.
Global Softgel Machine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Softgel Machine Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Changsung Softgel System, Technophar, SKY SOFTGEL & PACK, Pharmagel, GIC Engineering, Sankyo, Tooltronics, Long March Tianmin, Kama Bochang and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-softgel-machine-market-research-report
Segment by Type
- Soft Capsule Encapsulation Machines
- Soft Capsule Drying Systems
- Other Auxiliary Devices
Segment by Application
- Health Supplements
Table of Content:
1 Softgel Machine Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Softgel Machine Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Softgel Machine Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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