Vegetarian Softgel Capsules Market Size to Hit $0.82 Billion by 2030 | Current Trends and Industry Analysis

Ѕоftgеl іѕ uѕuаllу а ѕіnglе ріесе оf сарѕulе, соmmоnlу mаdе оf gеlаtіn аnd соnѕіѕtѕ оf lіquіd оr оіl-bаѕеd іngrеdіеntѕ.  Оn thе оthеr hаnd, vеgеtаrіаn ѕоftgеl сарѕulеѕ аrе оbtаіnеd frоm рlаnt-bаѕеd nаturаl ѕоurсеѕ, frее оf аnіmаl dеrіvаtіvеѕ, genetically modified organism (GМО), аnd dеvоіd оf glutеn аnd mоdіfіеd ѕugаr. Vegetarian softgels can be divided into plant polysaccharides (pullulan), starches, and hydroxyl propyl methyl celluloses. These possess the benefits of suited for Halal or Kosher certification; pure, clear and elegant appearance with no taste or odor; ideal for improving the bioavailability of oil soluble ingredients; easy to swallow, safe, non-carcinogenic, and tamper evident.

Vegetarian softgel capsules market was valued at $0.52 billion in 2020 and is projected to reach $0.82 billion by 2030 registering a CAGR of 4.6% from 2021 to 2030.

Some of the key players involved in the Market are:

DuPont de Nemours, Inc., DCC Plc. (EuroCaps), Catalent Inc., Aenova Group, Sirio Pharma Co. (Ayanda), Procaps Group., Captek Softgel International, Inc., Lyfe Group (Caps Canada), Best Formulation Inc., and Robinson Pharma Inc.

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The vegetarian softgel capsules market segment refers to a specific market niche within the broader softgel capsules industry. Softgel capsules are a popular form of oral dosage used for encapsulating and delivering various types of dietary supplements, pharmaceuticals, and nutraceuticals. Traditional softgel capsules are typically made from gelatin, which is derived from animal sources such as bovine or porcine sources. However, with the growing demand for vegetarian and vegan-friendly products, manufacturers have developed softgel capsules that are suitable for individuals following plant-based diets.

The vegetarian softgel capsules market segment specifically caters to consumers seeking alternatives to traditional gelatin-based softgel capsules. These capsules are made from plant-based materials, primarily hydroxypropyl methylcellulose (HPMC) or other vegetarian-friendly polymers. HPMC is a cellulose derivative derived from plant fibers, making it suitable for vegetarian and vegan consumption.

The demand for vegetarian softgel capsules has risen due to several factors, including the increasing adoption of vegetarian and vegan diets, ethical considerations regarding animal-derived products, and the growing awareness of dietary restrictions and preferences among consumers. As a result, manufacturers and suppliers in the pharmaceutical, nutraceutical, and dietary supplement industries have responded by offering vegetarian options to meet the needs of this specific market segment.

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• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
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• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

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