Enteric Softgel Capsules Market Size Expected To Reach US$ 3.1 Billion With CAGR 4.23% By 2027

PRESS RELEASE
Published April 10, 2023

According to the latest report by IMARC Group, titled “Enteric Softgel Capsules Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global enteric softgel capsules market reached a value of US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a CAGR of 4.23% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Industry Definition and Application:

These capsules are usually prepared from an enteric polymer and gelatin that are resistant to digestive juices. They contain semi-solid or liquid medicinal drugs that are ideal for human consumption since they get dissolved at a normal body temperature. In comparison to traditional capsules, they provide enhanced absorption, bioavailability and efficacy while protecting the active pharmaceutical ingredients (API). Additionally, enteric softgel capsules are gaining widespread prominence among the masses due to the rising awareness regarding the importance of preventive healthcare measures. 

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Market Trends:

The global market is primarily driven by significant growth in the pharmaceutical industry. Along with this, the increasing prevalence of enteric diseases, including cholera and campylobacteriosis, is creating a positive outlook for the market across the globe. Moreover, the changing lifestyle patterns and dietary preferences of individuals are providing a boost to the market growth. Apart from this, the rising health consciousness among the masses has led to the increasing consumption of dietary and nutritional supplements, which is also acting as a growth-inducing factor.

Furthermore, continual technological advancements in the pharmaceutical industry are providing an impetus to the market growth. Other factors, including continuous improvements in the healthcare industry and extensive research and development (R&D) conducted by key players, are also projected to drive the market further. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 4.23% during the forecast period (2022-2027). 

Report Segmentation:

The report has segmented the market into the following categories:

Competitive Landscape:

  • Aenova Group GmbH
  • BASF SE
  • Catalent, Inc.
  • Colorcon Inc.
  • Fuji Capsule Co., Ltd.
  • Lonza Group AG
  • Now Health Group, Inc.
  • ProCaps Group
  • Super Spectrim
  • Thermo Fisher Scientific, Inc.

Breakup by Type:

  • Gelatin Capsules
  • Non-Gelatin Softgel Capsules

Breakup by Application:

  • Health Supplements
  • Pharmaceuticals

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Pharmacy and Drug Stores
  • Online Stores

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization

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