Global Softgel Manufacturing Equipment Market is Expected to Reach US$ 487.9 Million by 2030

According to a recent market study published by Growth Market Reports, titled, “Global Softgel Manufacturing Equipment Market by Type, by Shape, by Technology, by Propulsion System, by Payload Type, by Application, by Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at US$ 203.8 Mn in 2021 and is expected to grow at a moderate growth rate of 10.2% by the year 2030.

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As per Growth Market Reports industry analyst Divjot Singh, “Global Softgel Manufacturing Equipment Market is anticipated to witness significant growth during the forecast period 2022-2030.

The softgel manufacturing process involves several stages, including preparation of the formulation, encapsulation, sealing, and drying. Each stage requires specialized equipment to ensure that the final product meets quality standards and is safe for consumption. Encapsulation machines are the core equipment used in the softgel manufacturing process. These machines come in various sizes and capacities and can produce softgel capsules in different shapes and colors. Encapsulation machines use a rotary die process to fill the softgel shell with the liquid or semi-solid formulation.

Mixers are used to prepare the formulation before it is loaded into the encapsulation machine. Mixers can be batch or continuous and use various mixing technologies, such as planetary, ribbon, or fluid bed mixing, to ensure a homogenous mixture of the active ingredients and excipients. Drying systems are used to remove the moisture from the softgel capsules after they are sealed. Drying is a critical step to ensure that the capsules maintain their shape and stability over time.

Drying systems use various technologies, such as tumble drying, static drying, or vacuum drying. Inspection machines are used to ensure that the softgel capsules meet quality standards and are free from defects. Inspection machines use various inspection methods, such as visual inspection, weight checking, or X-ray inspection.

Key factors that are anticipated to fuel the demand for the global Softgel Manufacturing Equipment market during the forecast period are Increasing focus on soft gel capsules by the Pharmaceutical Industry and Growing usage of soft gel encapsulation machines in the supplement industry. Conversely, High-cost involvement in initial investment, and Complexities of soft gel manufacturing hamper the market growth of the Softgel Manufacturing Technological advancement of soft gel manufacturing equipment and Increasing demand for soft gel manufacturing equipment in medical marijuana industry creates opportunities in the market.

Supply chain management is an essential part of any business. A supply chain contains a series of steps to get products from their original state to the customers. The supply chain of the softgel manufacturing equipment market involves raw material suppliers, equipment manufacturers, distributors, and end-users. Raw materials such as gelatin, plasticizers, and colorants are sourced by equipment manufacturers, who then produce and distribute softgel encapsulation machines, drying machines, and other auxiliary devices to end-users in the pharmaceutical, nutraceutical, and cosmetic industries.

The primary, as well as secondary research methodology, is used for keen observation and study about the Softgel Manufacturing Equipment market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments.

Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs.

Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

COVID-19 hampered the softgel manufacturing equipment market, owing to the disrupted supply chains across the globe, impacting the availability of raw materials and equipment used in the softgel manufacturing process. Manufacturers faced challenges in sourcing materials and shipping finished products, leading to production delays and increased costs.

Key Takeaways from the Study

• In terms of type, the Soft Capsule Encapsulation Machines segment accounted for a considerable share of the market in 2021.

Scope of Softgel Manufacturing Equipment Market Report

Target Audience

• Supply-side: Manufacturers, raw material suppliers, and distributors
• Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.