[2021] Softgel Tumble Dryer Market Size and Share Is Projected to Grow at a 10.5% CAGR By 2027 – Coherent Market Insights

SEATTLE, April 29, 2021, (PHARMIWEB) — Overview

Warm liquid gelatin is spread over a slowly spinning stainless steel drum during the production of soft gelatin capsules (softgels). As the drum rotates, a supply of chilled dry air solidifies the gelatin, resulting in a tacky, elastic band. This thin band is formed into capsules that are automatically filled with medication.  The soft and moist capsules are transferred from the softgel encapsulation machines to drying drums or tumble dryers for rapid drying, depending on the size of the soft gelatin capsules to be dried.

In 2020, the global softgel tumble dryer market is projected to be worth US$ 85.7 million, growing at a CAGR of 10.5% over the forecast period of 2020-2027.

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Drivers

Involvement of softgel contract manufacturers and other organizations related to life-sciences, is expected to boost growth of the global softgel tumble dryer market over the forecast period.  NutraScience, for example, is a leading softgel contract manufacturer service provider with the most cutting-edge softgel manufacturing equipment. As a result, contract manufacturers are potential buyers of softgel manufacturing equipment including encapsulation machines and tumble dryers, leading to market growth.

Furthermore, the agreements among the contract manufacturers are expected to propel growth of the global softgel tumble dryer market over the forecast period.  ZYUS Life Sciences Inc. chose Capcium Inc.’s (Capcium) subsidiary, GelCan Corporation Inc. (GelCan), a pharmaceutical-grade softgel capsule maker, to encapsulate ZYUS softgels for the Canadian medicinal cannabis market on September 16, 2020. This agreement would aid ZYUS Life Sciences in the creation and production of high-quality cannabinoid-based softgels that are standardised.

The pharmaceutical and nutraceutical industries are concerned with maintaining the stability and quality of medical drugs and health supplements such as softgels. Softgels, in general, are heat sensitive and require special drying equipment. Tumble dryers, including tray dryers and continuous softgels dryers, are technologically advanced industrial dryers that are suitable for drying operations in the food and pharmaceutical industries. Furthermore, these dryers are used to shape the softgels uniformly. The future growth of food and pharmaceutical sectors is expected to stimulate growth of the global softgel tumble dryer market.

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Market Taxonomy

• According to Instrument Type: Continuous Tumble Dryer Standard Tumble Dryer.
• According to End User: Health Supplements Companies, Pharmaceutical Companies, Others.

Restraints

When compared to other unit operations in the pharmaceutical industry, the drying process alone consumes 10 to 20% of the energy. Furthermore, the majority of softgel tumble drying operations are based on operations that involve hot air for drying, which is generated by fossil fuel combustion. Combustion of fossil fuels results in increased costs of operation for drying process, which is expected to hinder growth of the global softgel tumble dryer market during the forecast period.

Regional Analysis

Presence of various softgel tumble dryer players in the Asia Pacific region, is expected to manifest a considerable growth in the softgel tumble dryer market over the forecast period. Major companies such as SKY SOFTGEL CO., LTD., Changsung Softgel System Ltd (South Korea), Wuxi Jangli Machinery Co., Ltd (China), KAMATA CO., LTD., (Tokyo, Japan), and others are major softgels tumble dryer providers in Asia Pacific.

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Key Players:

Key companies contributing in the global softgel tumble dryer market include Wuxi Jangli Machinery Co., Ltd., SaintyCo, Technophar, JOYSUN PHARMA, SKY SOFTGEL CO., LTD., GIC Engineering, Inc., SEC Softgel Technology, Changsung Softgel System Ltd., Beijing KunYou Pharmatech Co Ltd, KAMATA CO., LTD., TOOLTRONICS, Mysoftgel Co., Ltd., and CapPlus Technologies.

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