Pune, INDIA, June, 23, 2022 /MarketWatch/–The Insight Partners published latest research study on “Starch Softgel Capsules Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Application (Pharmaceutical, Health Supplements, Others); Distribution Channel (Supermarket and Hypermarket, Pharmacy and Drugstore, Online Provider)”, 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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Some of the Prominent/Emerging Players in Starch Softgel Capsules Market:
- Catalent Inc
- Robinson Pharma, Inc.
- Hunan Er-Kang Pharmaceutical Co., Ltd.
- CAPTEK Softgel International Inc.
- Fuji Capsule Co., Ltd.
- Aenova Holding GmbH
- Sirio Pharma Co., Ltd.
- Bahrain Pharma
Global Starch Softgel Capsules Market Analysis to 2028 is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Starch Softgel Capsules market with detailed market segmentation by product, application, end user, and geography. The report provides key statistics on the market status of the leading Starch Softgel Capsules market players and offers key trends and opportunities in the market.
Global Starch Softgel Capsules market is segmented, based on medications, is bifurcated into quick relief medications and long-term control medications. Based on route of administration, the Starch Softgel Capsules market is segmented into inhaled, prefilled syringe/vials, and others. Based on distribution channel, the Starch Softgel Capsules market is segmented into online pharmacies, hospital pharmacies, and retail pharmacies.
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections in addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report specifically highlights the Starch Softgel Capsules market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Starch Softgel Capsules market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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