Swallowing Convenience: The $3.5 Billion Enteric Softgel Capsules Market for Targeted Drug Delivery
Allied Market Research published a report, titled, “Enteric Softgel Capsules Market By Application (Health Supplements and Pharmaceuticals), and Distribution Channel (Supermarket and Hypermarket, Pharmacy and Drug Store, and Online Provider): Global Opportunity Analysis and Industry Forecast, 2023-2032”. The surge in prevalence of nutritional deficiency diseases is a key driver for the growing demand in the enteric softgel capsule market. The global enteric softgel capsules market was valued at $2.3 billion in 2022, and is projected to reach $3.5 billion by 2032, growing at a CAGR of 4% from 2023 to 2032.
Enteric Softgel Capsules Market Market in Short:
CAGR: 4%
Current Market Size: USD 3.5 Billion
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2022-2032
Base Year: 2022
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What are enteric softgel capsule?
Enteric softgel capsules represent pharmaceutical or nutraceutical formulations known for their soft, easily ingestible gelatinous exteriors. These capsules feature a specialized enteric coating, serving as a protective barrier against stomach acids and facilitating a controlled release in the intestine.
What are the key trends in the enteric softgel capsule market report?
The major factor that fuels the growth of the enteric softgel capsule market are growth in the pharmaceutical and nutraceutical industries, advancements in technology and formulation and rising investments in research and development drive the growth of the global enteric softgel capsule market.
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By application, the health supplements segment dominated the market in 2022, accounting more than 90% and is expected to register highest CAGR of 6.9% during the forecast period of the global enteric softgel capsules market, this is attributed to growing emphasis on preventive healthcare, fitness trends, and a proactive approach to well-being.
By distribution channel, the pharmacy & drug store segment accounted for the largest share in 2022, accounting for more than half of the global enteric softgel capsules market revenue. This is primarily attributed to its widespread accessibility, offering a convenient and trusted source for prescription medications, over-the-counter drugs, and various healthcare essentials. As essential healthcare providers, pharmacies play a crucial role in the healthcare ecosystem, providing essential services, medication counseling, and health advice.
Top Leading Key Companies –
- NuVasive, Inc.
- Catalent, Inc.
- Sirio pharma co., ltd.
- Fuji Capsules Co. Ltd.
- InovoBiologic Inc
- NOW Foods Inc.
- Gelita AG.
- Captek Softgel International Inc.
- Viva Pharmaceuticals
- Aenova group
- Procaps Group
Market: By Region Outlook
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
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Important Questions Being Answered by This Market Report Are –
Q1. What is the total market value of enteric softgel capsule market report?
Q2. What would be forecast period in the market report?
Q3. What is the market value of enteric softgel capsule market in 2032?
Q4. Which is base year calculated in the enteric softgel capsule market report?
Key findings of the study –
- In October 2020, Catalent, the leading global provider of advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, cell and gene therapies, and consumer health products, announced the launch of OptiGel DR technology for the formulation and manufacture of delayed/enteric release softgels.
- In November 2022, Lonza, a preferred partner to the pharmaceutical, biotech and nutraceutical markets, launched an innovative new capsule solution for intestinal (enteric) drug delivery. The Capsugel Enprotect capsule does not disintegrate during stomach transit and only releases its contents in the intestine.
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