The starch softgel capsules market was valued at US$ 382.67 million in 2019 and is projected to reach US$ 548.29 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.
The starch soft gel capsules are usually derived from natural sources and are used as nutritional supplements for patients suffering from various medical conditions. These soft gel capsules are usually free of genetic modifications and are manufactured adhering to strict quality standards. The soft gel capsules are available in gelatin as well as non-gelatin composition for people with vegetarian and non-vegetarian preferences. The soft gels are one of the most common and widely used oral dosage forms of pharmaceuticals as well as nutraceuticals. The starch softgel capsules market is expected to witness a huge growth due to increasing availability of vegetarian softgel capsules and rising preference of pharmaceutical and nutraceutical companies toward softgel capsules. However, the market is likely to get impacted by the difficulties in optimizing cellulose/starch for API delivery during the forecast period.
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Key Market Competitors: Global Starch Softgel Capsules Market@
Robinson Pharma, Inc.
Hunan Er-Kang Pharmaceutical Co., Ltd.
CAPTEK Softgel International Inc.
Fuji Capsule Co., Ltd.
Aenova Holding GmbH
Sirio Pharma Co., Ltd.
Increasing Availability of Vegetarian Softgel Capsules
The vegetarian softgel capsules have recently become the product of interest in the market. These capsules are a perfect and viable alternative for people willing to consume non-gelatin capsules. The manufacturers are in a need to differentiate their products and brands from the competition in an increasingly crowded and growing marketplace. Apart from pharmaceutical drug delivery, the vegetarian softgel capsules are usually preferred for filling in nutritional supplements.
The general health industry consumer trend is heading toward a clear increase in the demand for natural products and innovative forms of dosage. The vegetarian softgels have a significant benefit as they do not contain any gelatin material derived from animal waste. These starch softgels satisfy the demand of vegetarians as the capsules can be consumed without the fear of any animal infection or disease. In terms of chemical composition, the vegetarian softgels are chemically stable and have a low-moisture content making them less brittle even in low humidity. The companies engaged in manufacturing halal softgel capsules are receiving halal certification from the Islamic Food and Nutrition Council of America (IFANCA). This is expected to cultivate a significant market for these capsules in Muslim-dominated countries.
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