Non-Animal Softgel Capsules Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Non-Animal Softgel Capsule Market by Material Type (Starch, Carrageenan-Starch Blends, and Others), by Application (Pharmaceuticals, Healthcare Supplements, Others), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) Forecast to 2028

 

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Report

Description

The non-animal softgel capsule market is valued at USD 583.7 million in 2021 and is poised to grow at a significant CAGR of 7.2% over 2022–2028.  The global market for non-animal soft gel capsules is anticipated to rise due to the rising availability of vegetarian soft gel capsules and the rising demand for soft gel capsules from pharmaceutical and nutraceutical companies. Today’s healthcare companies operate in a dynamic environment undergoing seismic changes due to the advent of cutting-edge medical procedures and increasing internet usage. Astute patients have become more cautious due to this and unmatched online access to incredible volumes of information. There is a growing demand for intelligent, reasonably priced, and customized healthcare services. The overall consumer trend in the health sector indicates an increased demand for natural products and cutting-edge dosage techniques. The absence of gelatin derived from animal waste gives vegetarian soft gels a significant benefit. These soft starch gels can be consumed without worrying about contracting an animal disease; thus, vegetarians can use them. The vegetarian soft gels are less brittle even in low humidity since they are chemically stable and have a low moisture content. Companies that produce halal soft gel capsules have received halal certification from the Islamic Food and Nutrition Council of America (IFANCA). It is anticipated that this will generate a substantial market for these pills in nations with most Muslims. Furthermore, the market for vegetarian soft gel capsules is also seeing a surge in demand for them because of their advantages and uses and the high availability of natural raw ingredients for their formulation. Additionally, a sizable population of health-conscious consumers and an increase in pharmaceutical industry innovations for producing soft gel capsules are two potential catalysts for the market.

Recent Market Developments:

In February 2021, Catalent rolled out its CosmoPod Duo soft gel capsule technology for topical skin treatment delivery and other applications. The capsule is made from a type of natural carrageenan that is produced sustainably from seaweed. In addition, the CosmoPod Duo capsule is hermetically sealed to assist in the protection of compositions from light and oxidation while also enhancing stability, in comparison to typical beauty treatments.

In March 2021, CapsCanada, a subsidiary of a Lyfe Group, introduced the latest liquid-filled hard capsule manufacturing service. With the help of this technology, liquids, suspensions, pastes, semi-solids, and waxy substances can all be filled into gelatin or HPMC vegetarian two-piece capsules

Non-Animal Softgel Capsules Market

MARKET SUMMARY
-
7.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.2%
  • Largest Market– Europe
  • Fastest Growing Market– North America

Non-Animal Softgel Capsules Market

  • The report on global non-animal softgel capsules market gives historical, current and future market sizes (US$ Mn) on the basis of material type, application, and region.
  • non-animal softgel capsules market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global non-animal softgel capsules products.
key players
  • Eurocaps
  • Aenova
  • Captek
  • SIRIO
  • Capsugel
Non-Animal Softgel Capsules Market Dynamics

Non-animal soft gel capsules are made from organic plant-based sources, are free of GMOs and animal derivatives, and don’t include gluten or refined sugar. They comprise cellulose, pullulan, and starch (Hydroxypropyl Methylcellulose). Consumers looking for an animal-free alternative to gelatin capsules will find vegetarian capsules the perfect solution. The demand for non-animal soft gel capsules is rising as the number of vegans rises. Additionally, the market is being driven forward by the availability of natural raw materials for the production of vegetarian soft gel capsules and the increase in demand for these products due to their benefits and uses. Due to their specialized raw materials and manufacturing processes, vegetarian soft gel capsules have a high manufacturing cost, which is expected to impede market growth over the forecast period.


North-America Got Significant Share

Non-Animal Softgel Capsules Market

The non-animal softgel capsule market in North America is likely to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly. Over the past few years, the demand for health supplements has been chiefly blamed for expanding the non-animal soft gel capsules market worldwide. This industry is increasing, especially in North America, as manufacturers invest more money in creating cutting-edge technologies and manufacturing processes that allow them to improve their production capacity. Due to the rising prevalence of chronic conditions like diabetes, obesity, and asthma, the Latin American market is expanding. Consumers in these nations are becoming more aware of the health advantages of using plant-based products. It is anticipated that this aspect will fuel the expansion of non-animal soft gel capsules during the projected period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The non-animal softgel capsule market report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Non-Animal Softgel Capsules Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The non-animal softgel capsule market is projected to expand at a CAGR of 7.2% during the forecast period

Amway, Capsugel, Catalent, Eurocaps, Procaps Laboratorios, Patheon, SIRIO

North America is the fastest-growing region for non-animal softgel capsule market


Report

Company Profile

  • Capsugel
  • Amway
  • Patheon
  • Catalent
  • Procaps Laboratorios
  • Eurocaps
  • Best Formulations
  • Aenova
  • Captek
  • SIRIO
  • Capsugel
  • Robinson Pharma

Description

The non-animal softgel capsule market is valued at USD 583.7 million in 2021 and is poised to grow at a significant CAGR of 7.2% over 2022–2028.  The global market for non-animal soft gel capsules is anticipated to rise due to the rising availability of vegetarian soft gel capsules and the rising demand for soft gel capsules from pharmaceutical and nutraceutical companies. Today’s healthcare companies operate in a dynamic environment undergoing seismic changes due to the advent of cutting-edge medical procedures and increasing internet usage. Astute patients have become more cautious due to this and unmatched online access to incredible volumes of information. There is a growing demand for intelligent, reasonably priced, and customized healthcare services. The overall consumer trend in the health sector indicates an increased demand for natural products and cutting-edge dosage techniques. The absence of gelatin derived from animal waste gives vegetarian soft gels a significant benefit. These soft starch gels can be consumed without worrying about contracting an animal disease; thus, vegetarians can use them. The vegetarian soft gels are less brittle even in low humidity since they are chemically stable and have a low moisture content. Companies that produce halal soft gel capsules have received halal certification from the Islamic Food and Nutrition Council of America (IFANCA). It is anticipated that this will generate a substantial market for these pills in nations with most Muslims. Furthermore, the market for vegetarian soft gel capsules is also seeing a surge in demand for them because of their advantages and uses and the high availability of natural raw ingredients for their formulation. Additionally, a sizable population of health-conscious consumers and an increase in pharmaceutical industry innovations for producing soft gel capsules are two potential catalysts for the market.

Recent Market Developments:

In February 2021, Catalent rolled out its CosmoPod Duo soft gel capsule technology for topical skin treatment delivery and other applications. The capsule is made from a type of natural carrageenan that is produced sustainably from seaweed. In addition, the CosmoPod Duo capsule is hermetically sealed to assist in the protection of compositions from light and oxidation while also enhancing stability, in comparison to typical beauty treatments.

In March 2021, CapsCanada, a subsidiary of a Lyfe Group, introduced the latest liquid-filled hard capsule manufacturing service. With the help of this technology, liquids, suspensions, pastes, semi-solids, and waxy substances can all be filled into gelatin or HPMC vegetarian two-piece capsules

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