PUBLISHER: QYResearch | PRODUCT CODE: 1317639
PUBLISHER: QYResearch | PRODUCT CODE: 1317639
The global Vegetarian Softgel Capsules market was valued at US$ 534 million in 2022 and is anticipated to reach US$ 746 million by 2029, witnessing a CAGR of 4.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Vegetarian Softgel Capsules is estimated to increase from $ 238 million in 2023 to reach $ 325 million by 2029, at a CAGR of 5.3% during the forecast period of 2023 through 2029.
Asia-Pacific market for Vegetarian Softgel Capsules is estimated to increase from $ 112 million in 2023 to reach $ 145 million by 2029, at a CAGR of 4.4% during the forecast period of 2023 through 2029.
The major global manufacturers of Vegetarian Softgel Capsules include: Catalent, Procaps Laboratorios, EuroCaps, Sirio Pharma (with Best Formulations), Aenova, Captek, Bahrain Pharma, and Robinson Pharma, etc. In 2022, the world's top three vendors accounted for approximately 64% of the revenue.
This report aims to provide a comprehensive presentation of the global market for Vegetarian Softgel Capsules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vegetarian Softgel Capsules.
The Vegetarian Softgel Capsules market size, estimations, and forecasts are provided in terms of sales volume (Million Capsules) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Vegetarian Softgel Capsules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vegetarian Softgel Capsules manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.