Softgel Manufacturing Equipment Market to Garner USD 481 Million by 2028 at 12.4% CAGR, COVID-19 Impact and Global Analysis by The Market Reports

A softgel is an oral dosage form for medicine similar to capsules. They consist of a gelatin based shell surrounding a liquid fill. Softgel shells are a combination of gelatin, water, opacifier and a plasticiser such as glycerin or sorbitol. Softgel manufacturing equipment includes a line of machines that produce softgel, such as soft capsule encapsulation machine, soft capsule drying systems and other auxiliary devices.

Global Softgel Manufacturing Equipment key players include Changsung Softgel System, SKY SOFTGEL & PACK, Technophar, Pharmagel, etc. Global top four manufacturers hold a share over 45%.

North America is the largest market, with a share over 35%, followed by Europe and Asia Pacific, both have a share about 55 percent.

In terms of product, Soft Capsule Encapsulation Machines is the largest segment, with a share about 65%. And in terms of application, the largest application is Health Supplements, followed by Health Supplements, etc.

The global Softgel Manufacturing Equipment market was valued at US$ 205 million in 2020 and it is expected to reach US$ 481 million by the end of 2027, growing at a CAGR of 12.4% during 2021-2027.

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.

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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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Soft Capsule Encapsulation Machines
  • Soft Capsule Drying Systems
  • Other Auxiliary Devices

Segment by Application

  • Pharmaceutical
  • Health Supplements
  • Others

By Company

  • Changsung
  • SKY
  • Technophar
  • Pharmagel
  • GIC Engineering
  • Sankyo
  • Kamata
  • Bochang
  • Tooltronics
  • Long March Tianmin

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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