Market Overview:
The global softgel encapsulation equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for softgels from the pharmaceutical and health supplements industries. Additionally, the growing awareness about the benefits of softgels is also contributing to the growth of this market. The global softgel encapsulation equipment market can be segmented on the basis of type into manual encapsulation equipment and automatic encapsulation equipment. The automatic encapsulation equipment segment is expected to grow at a higher CAGR than that of manual encapsulation equipment during the forecast period from 2018 to 2030. This can be attributed to its ability to produce large quantities quickly and efficiently.
Product Definition:
Softgel Encapsulation Equipment is a device that is used to create softgel capsules. These capsules are filled with a liquid or powder and then sealed shut. This equipment is important because it allows for the safe and effective delivery of medications, supplements, and other products.
Manual Encapsulation Equipment:
Manual encapsulation equipment is used for the production of softgels. It consists of a capsule machine and a liquid supply system. The capsules are made from two types of materials, namely non-polymer material and polymer material. The choice between these depends on factors such as desired capacity, type to be encapsulated (active or inert), flow rate required during compression, type of capsule (beads or pellets) and coating weight among others.
Automatic Encapsulation Equipment:
Automatic Encapsulation (AE) is a process of forming an inner core with an outer shell in the drug form by using microencapsulation technology. The AE process has been used for many years to produce enteric coated tablets and capsules, which are commonly used for controlled release of drugs in animals as well as humans. However, recently this technology has been expanded to encapsulate softgels also known as liposomes.
Application Insights:
The others application segment includes personal care, food and beverages, animal feed, home care products including pet supplements and beauty products. The demand for the aforementioned applications is anticipated to be driven by rising health consciousness among consumers. Homecare products are expected to witness significant growth on account of increasing consumer awareness regarding product usage.
The pharmaceutical segment accounted for a revenue share of more than 30% in 2017 owing to extensive use of softgels as drug delivery systems in various therapeutic areas such as cardiology, neurology and oncology among others. In addition, stringent regulations related to identity & quality standards imposed by the regulatory authorities across the globe are further driving industry expansion at a rapid pace. In Europe especially U.K.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for nutraceuticals, pharmaceuticals, cosmetics and other personal care products. China is one of the major countries that contribute towards a large share in terms of production as well as consumption. Increasing disposable income coupled with growing awareness regarding health & hygiene issues has led to an increase in demand for various personal care products such as skin cream, deodorants, hair oil etc., which will drive industry expansion over the next eight years.
Europe accounted for more than 25% share of global revenue in 2017 owing to high product demand from several industries including food & beverage sector; cosmetic sector; healthcare sector; packaging industry among others due to their properties such as improved taste and appearance while maintaining nutritional value along with safety factor during storage & transportation at room temperature or below without affecting product quality.
Growth Factors:
- Increasing demand for softgel capsules from the pharmaceutical and nutraceutical industries as a result of their benefits over other dosage forms
- Technological advancements in softgel encapsulation equipment that improve efficiency and quality
- Growing popularity of personalized medicine, which is driving the demand for softgels with customized drug delivery systems
- Rising number of mergers and acquisitions in the pharmaceutical industry, which is resulting in an increased demand for softgel encapsulation equipment
- Growing focus on research and development by pharmaceutical companies to develop new drugs that can be delivered through softgels
Scope Of The Report
Report Attributes
Report Details
Report Title
Softgel Encapsulation Equipment Market Research Report
By Type
Manual Encapsulation Equipment, Automatic Encapsulation Equipment
By Application
Pharmaceutical, Health Supplements, Others
By Companies
Changsung, SKY, Technophar, Pharmagel, GIC Engineering, Sankyo, Kamata, Bochang, Tooltronics, Long March Tianmin
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Softgel Encapsulation Equipment Market Report Segments:
The global Softgel Encapsulation Equipment market is segmented on the basis of:
Types
Manual Encapsulation Equipment, Automatic Encapsulation Equipment
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:
- Changsung
- SKY
- Technophar
- Pharmagel
- GIC Engineering
- Sankyo
- Kamata
- Bochang
- Tooltronics
- Long March Tianmin
Highlights of The Softgel Encapsulation Equipment 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:
- Manual Encapsulation Equipment
- Automatic Encapsulation Equipment
- 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 Softgel Encapsulation Equipment 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?
Softgel Encapsulation Equipment is a specialized piece of equipment used to create softgels, which are a type of pill. Softgels are made by encapsulating a liquid or powder into small, round balls that can be easily swallowed.
Some of the key players operating in the softgel encapsulation equipment market are Changsung, SKY, Technophar, Pharmagel, GIC Engineering, Sankyo, Kamata, Bochang, Tooltronics, Long March Tianmin.
The softgel encapsulation equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Softgel Encapsulation Equipment 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 Softgel Encapsulation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Softgel Encapsulation Equipment 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 Softgel Encapsulation Equipment 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 Softgel Encapsulation Equipment Market Size & Forecast, 2020-2028
4.5.1 Softgel Encapsulation Equipment Market Size and Y-o-Y Growth
4.5.2 Softgel Encapsulation Equipment 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 Manual Encapsulation Equipment
5.2.2 Automatic Encapsulation Equipment
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 Softgel Encapsulation Equipment 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 Softgel Encapsulation Equipment 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 Manual Encapsulation Equipment
9.6.2 Automatic Encapsulation Equipment
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 Manual Encapsulation Equipment
10.6.2 Automatic Encapsulation Equipment
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 Manual Encapsulation Equipment
11.6.2 Automatic Encapsulation Equipment
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 Manual Encapsulation Equipment
12.6.2 Automatic Encapsulation Equipment
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 Manual Encapsulation Equipment
13.6.2 Automatic Encapsulation Equipment
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 Softgel Encapsulation Equipment Market: Competitive Dashboard
14.2 Global Softgel Encapsulation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Changsung
14.3.2 SKY
14.3.3 Technophar
14.3.4 Pharmagel
14.3.5 GIC Engineering
14.3.6 Sankyo
14.3.7 Kamata
14.3.8 Bochang
14.3.9 Tooltronics
14.3.10 Long March Tianmin
