Market Overview:
The global oil softgel capsules market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for nutraceuticals and pharmaceuticals, rising awareness about the benefits of omega-3 fatty acids, and growing demand from emerging markets. The global oil softgel capsules market is segmented on the basis of type into fish oil, krill oil, pumpkin seed oil, and other oils. The fish oil segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its numerous health benefits such as reducing inflammation and improving heart health.
Product Definition:
Oil softgel capsules are a type of dietary supplement made from gelatin and oil. The oil is typically a plant-based oil, such as olive or coconut oil. The capsules can be filled with liquid or semisolid ingredients, including vitamins, minerals, herbs, or other supplements.
Fish Oil:
Fish oil is the omega-3 fatty acids that are found in fish. The human body does not produce these essential fatty acids; therefore, they need to be consumed through the diet or supplementation. Omega-3’s are known for their health benefits such as reducing inflammation, heart diseases, depression and cancer along with many more.
Krill Oil:
Krill oil is a type of fish oil that comes from the oily blubber of the Antarctic krill. It is extracted and processed in a similar way to regular fish oil, however, it contains higher levels of omega-3 fatty acids.
Application Insights:
The health supplements segment held the largest market share of over 40% in 2017. The growing preference for natural dietary supplements is expected to be a major factor driving the growth of this segment. Increasing awareness regarding various benefits associated with the consumption of fish oil, krill oil and pumpkin seed oil capsules including improved heart health, joint support, vision improvement and brain function is also expected to boost industry growth over the forecast period.
The pharmaceutical application was estimated at USD 1.5 billion in 2017 owing to rising usage of these products as an alternative therapy for patients diagnosed with cardiovascular diseases or diabetes mellitus due to their high content of omega 3 fatty acids.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to witness steady growth over the forecast period owing to rising consumer awareness regarding health and wellness coupled with increasing disposable income. Increasing adoption of krill oil products due to its high concentration of EPA and DHA will also drive demand over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR exceeding 7% from 2018 to 2030 owing to growing population, improving lifestyle, increasing disposable income along with government support for nutritional supplements & food products rich in omega 3 fatty acids such as fish oil softgel capsules. In China, there has been an increase in consumption of nutritional supplements which are further projecteded towards expanding product application scope including pharmaceuticals sector thereby driving demand across this region during the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient food options such as oil softgel capsules. These capsules are easy to consume and do not require any preparation time, making them a popular choice among consumers.
- Rising awareness about the health benefits of omega-3 fatty acids: There is a growing awareness among consumers about the health benefits of omega-3 fatty acids, which are found in abundance in fish oils. This has led to an increase in the demand for oil softgel capsules that contain these beneficial fats.
- Growing popularity of veganism and vegetarianism: A large number of people today are choosing to follow vegan or vegetarian diets, which excludes all animal products from their diet including meat and dairy products. This has resulted in an increase in the demand for plant-based sources of omega-3 fatty acids, such as flaxseed oil, which can be found in many oil softgel capsules brands today.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Softgel Capsules Market Research Report
By Type
Fish Oil, Krill Oil, Pumpkin Seed Oil, Other
By Application
Pharmaceutical, Health Supplements, Others
By Companies
Capsugel, Amway, Catalent, Eurocaps, Aenova, Captek, Amster Labs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Oil Softgel Capsules Market Report Segments:
The global Oil Softgel Capsules market is segmented on the basis of:
Types
Fish Oil, Krill Oil, Pumpkin Seed Oil, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Health Supplements, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Capsugel
- Amway
- Catalent
- Eurocaps
- Aenova
- Captek
- Amster Labs
Highlights of The Oil Softgel Capsules Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fish Oil
- Krill Oil
- Pumpkin Seed Oil
- Other
- By Application:
- Pharmaceutical
- Health Supplements
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Softgel Capsules Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil softgel capsules are a type of dietary supplement that is made from pure, cold-pressed oil. They are designed to provide the benefits of omega-3 fatty acids, including improved heart health and joint pain relief.
Some of the major players in the oil softgel capsules market are Capsugel, Amway, Catalent, Eurocaps, Aenova, Captek, Amster Labs.
The oil softgel capsules market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil Softgel Capsules Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil Softgel Capsules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil Softgel Capsules Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil Softgel Capsules Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil Softgel Capsules Market Size & Forecast, 2020-2028
4.5.1 Oil Softgel Capsules Market Size and Y-o-Y Growth
4.5.2 Oil Softgel Capsules Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fish Oil
5.2.2 Krill Oil
5.2.3 Pumpkin Seed Oil
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Health Supplements
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Softgel Capsules Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil Softgel Capsules Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fish Oil
9.6.2 Krill Oil
9.6.3 Pumpkin Seed Oil
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Health Supplements
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fish Oil
10.6.2 Krill Oil
10.6.3 Pumpkin Seed Oil
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Health Supplements
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fish Oil
11.6.2 Krill Oil
11.6.3 Pumpkin Seed Oil
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Health Supplements
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fish Oil
12.6.2 Krill Oil
12.6.3 Pumpkin Seed Oil
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Health Supplements
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fish Oil
13.6.2 Krill Oil
13.6.3 Pumpkin Seed Oil
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Health Supplements
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil Softgel Capsules Market: Competitive Dashboard
14.2 Global Oil Softgel Capsules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capsugel
14.3.2 Amway
14.3.3 Catalent
14.3.4 Eurocaps
14.3.5 Aenova
14.3.6 Captek
14.3.7 Amster Labs
