Starch Softgel Capsules Market to Grow at a CAGR of 4.7% to reach US$ 548.29 Million from 2020 to 2027

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), and Geography

  • Report Code : TIPRE00011965
  • Category : Pharmaceuticals
  • Status : Published
  • No. of Pages : 136
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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.

Lucrative Regions for Starch Softgel Capsules Market



Lucrative Regions for Starch Softgel Capsules Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

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.

Application-Based Insights

Based on application, the starch softgel capsules market is segmented into health supplements, pharmaceutical, and others. The health supplements segment held the largest share of the market in 2019, owing to the factors such as capability of softgels to mask odors, elegant in appearance, and easier for swallowing. Moreover, these formulations are considered ideal as they improve the bioavailability and enhance the absorption of essential nutrients. Vitamin and mineral supplements are the most commonly preferred starch softgel health supplements. Additionally, increasing awareness among populace regarding the benefits of health and fitness along with high consumption of sports-associated health nutritional supplements are likely to augment the growth of the segment.

Global Starch Softgel Capsules Market, by Application – 2019 & 2027



Global Starch Softgel Capsules Market, by Application – 2019 & 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Distribution Channel -Based Insights

Based on distribution channel, the starch softgel capsules market is segmented into supermarket and hypermarket, pharmacy and drugstores, and online providers. The pharmacy and drugstore segment held the largest share of the market in 2019. Retail pharmacies in developing countries are emerging as one of the most important sources of advice, included for nutritional supplements and over the counter medicines. The segment is likely to grow over the coming years owing to the increasing trend of a partnership between retailers and large health systems for care assistance to patients leaving the hospitals. However, the online providers segment is anticipated to witness growth at a significant rate during the forecast period.

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Starch Softgel Capsules Market: Strategic Insights

starch-soft-gel-capsules-market
Market Size Value inUS$ 382.67 Million in 2019
Market Size Value byUS$ 548.29 Million by 2027
Growth rateCAGR of 4.7% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Product launches and expansion strategy are commonly adopted by companies to expand their footprint worldwide and meet the growing demand. These strategies are commonly adopted by the market players in order to expand its product portfolio.

The market players operating in the starch softgel capsules market adopted the strategy of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.

By Application

  • Health Supplements
  • Pharmaceutical
  • Others

By Distribution Channel

  • Supermarket and Hypermarket
  • Pharmacy and Drugstore
  • Online Provider

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
  • Asia Pacific(APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
  • South America (SAM)

    • Brazil
    • Argentina

Company Profiles

  • Catalent Inc
  • Robinson Pharma, Inc.
  • Hunan Er-Kang Pharmaceutical Co., Ltd.
  • Procaps
  • CAPTEK Softgel International Inc.
  • Softcaps
  • Fuji Capsule Co., Ltd.
  • Aenova Holding GmbH
  • Sirio Pharma Co., Ltd.
  • Bahrain Pharma
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application ; Distribution Channel , and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are starch softgel capsules?

The starch soft gel capsules are usually derived from natural sources and used as nutritional supplements by patients suffering with 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 form of pharmaceuticals as well as nutraceuticals.

What are the driving factors for the starch softgel capsules market across the globe?

The factors that are driving growth of the market are increasing availability of vegetarian softgel capsules and rising preference of pharmaceutical and nutraceutical companies toward softgel capsules are expected to boost the growth of the global starch softgel capsules market

Who are the major players in the starch softgel capsules market?

The starch softgel capsules market majorly consists of the players such as Catalent Inc, Robinson Pharma, Inc., Hunan Er-Kang Pharmaceutical Co., Ltd., Procaps, CAPTEK Softgel International Inc., Softcaps, Fuji Capsule Co., Ltd., Aenova Holding GmbH, Sirio Pharma Co., Ltd., and Bahrain Pharma are among others.

The List of Companies - Starch Softgel Capsules Market

  1. Catalent Inc
  2. Robinson Pharma, Inc.
  3. Hunan Er-Kang Pharmaceutical Co., Ltd.
  4. Procaps
  5. CAPTEK Softgel International Inc.
  6. Softcaps
  7. Fuji Capsule Co., Ltd.
  8. Aenova Holding GmbH
  9. Sirio Pharma Co., Ltd.
  10. Bahrain Pharma

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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