Softgel Capsule Market Global Share Reach US$ 8,743.52 Million

December 7th, 2020 Coherent Market Insights Releases

Global Softgel Capsule Market, by Product Type (Gelatin Softgel Capsule and Non-gelatin Softgel Capsule), by Source Type (Gelatin Type-A, Gelatin Type-B, Hydroxy Propyl Methyl Cellulose (HPMC), and Others), By Application (Anti-inflammatory Drugs, Antibiotic Drugs, Health Supplements, Cardiovascular Drugs, and Others), By End User (Pharmaceutical Companies, Contract Manufacturing Organizations, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)is estimated to be valued at US$ 5,853.18 million in 2020 and is expected to exhibit a CAGR of 5.9% during the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

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Key companies are focusing on product launches and product approvals to maintain a competitive edge in the softgel capsule market. For instance, in 2018 Aurora Cannabis Inc, announced to receive sales license from Health Canada to sell the cannabis softgel capsules in Canada and the company also planning to commence export of cannabis softgel capsules in international markets.

Global Softgel Capsule Market – Impact of Coronavirus (COVID-19)

Browse 33 Market Data Tables and 32 Figures spread through 175 Pages and in-depth TOC on "Global Softgel Capsule Market, by Product Type (Gelatin Softgel Capsule and Non-gelatin Softgel Capsule), by Source Type (Gelatin Type -A, Gelatin Type-B, Hydroxy Propyl Methyl Cellulose (HPMC), and Others), By Application (Anti-inflammatory Drugs, Antibiotic Drugs, Health Supplements, Cardiovascular Drugs, and Others), By End User (Pharmaceutical Companies, Contract Manufacturing Organizations, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)"

To know the latest trends and insights prevalent in the global softgel capsule market press release, click the link below:

https://www.coherentmarketinsights.com/press-release/softgel-capsule-market-3528

The market is expected to witness significant growth during the forecast period, as market players are focusing on inorganic strategies such as agreements and collaborations to strengthen their position in the global softgel capsule market. For instance, in 2018 Sirio Pharma signed Probiotic Strategy Cooperation Agreement (BC30) with the Kerry Group. The collaboration is expected to drive the probiotic gummy texture softgel capsules sector in China.

Key Takeaways of the Global Softgel Capsule Market:

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Detailed Segmentation:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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