The global non-animal softgel capsule market size at a global level is expected to be worth USD 17.88 Billion by 2028 from USD 14.84 billion in 2023, growing at a CAGR of 3.8% from 2023 to 2028.
Capsules are an available medication form that is often soft in nature and made of gelatin. Previously, this animal gelatin was used. However, today we have a non-animal version also available. This variant is believed to be more durable, viable, and stable than the animal format. They are similar in nature to the other variants available and can have different shapes, colors, and sizes. These variants are also often lacking all gluten and modified sugars, and with growing love towards body health and hate towards gluten, the market is growing exponentially. They are also thought to have more advantages associated with them, including easy-to-swallow, purity, tastelessness, odorless, safety, kosher or halal certified, clarity, texture, non-brittleness, ease of visible tampering, and others. The increasing geriatric population has prescribed these versions for more comfortable usability. They are often a part of the health industry apart from the pharmaceutical industry. The growing market for environmental products is rampantly helping the non-animal soft gel market to grow.
However, these capsules are relatively more delicate and are also prone to damage easily. The quality of these capsules gets compromised, which can be a danger to the taker. Therefore, a strict quality standard is in place, making the process of approval lengthy, demanding, and expensive.
Further, they also are more expensive than the existing animal gelatin version. It is predictable slow the growth of the global non-animal softgel capsule market substantially. Research in this field is underway, and many big and small players are joining hands to incentivize these drug formats.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
Segments Analysed |
By Product Type, Application and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Analysed |
North America, Europe, Asia Pacific, Latin America, the Middle East and Africa |
Companies Analysed |
Procaps Laboratories, Bahrain Pharma, Aenova, SIRIO, Robinson Pharma and Ayanda |
This research report on the global non-animal softgel capsule market has been segmented and sub-segmented based on the product type, application, and region.
Non-Animal Softgel Capsule Market - By Product Type:
Non-Animal Softgel Capsule Market - By Application:
Non-Animal Softgel Capsule Market - By Region:
Regionally, APAC is one of the major markets for these capsules because of the growing geriatric population in these regions. The Asia Pacific, as a whole, also holds a significant portion of non-animals in the world, which makes it a massive market for non-animal soft gel capsules. Many countries like Malaysia and Indonesia have a such high demand to export these variants from across other regions. There is also a significant potential market for Europe since health awareness in these regions has been on the rise.
KEY MARKET PLAYERS:
Some of the notable companies leading the global non-animal softgel capsule market profiled in this report are Procaps Laboratories, Bahrain Pharma, Aenova, SIRIO, Robinson Pharma, and Ayanda.
RECENT MARKET HAPPENINGS:
Frequently Asked Questions
The global non-animal softgel capsules market size is expected to be USD 14.84 billion in 2023.
Procaps Laboratories, Bahrain Pharma, Aenova, SIRIO, Robinson Pharma, and Ayanda are some of the notable players in the non-animal softgel capsule market.
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