The global liquid filled capsule market is expected to rise at a CAGR of 2.9% in the forecast period 2024 to 2034. The market value is projected to increase from USD 1,587.1 million in 2024 to USD 2,113.9 million in 2034. The liquid filled capsule market was valued at USD 1,548.2 million in 2023.
Attributes | Key Insights |
---|---|
Base Value, 2023 | USD 1,548.2 million |
Estimated Global Liquid Filled Capsule Market Size (2024E) | USD 1,587.1 million |
Projected Liquid Filled Capsule Market Value (2034F) | USD 2,113.9 million |
Value-based CAGR (2024 to 2034) | 2.9% |
Growing consumer attention on health & wellness and general awareness of the benefits of dietary supplements and healthier lifestyles are propelling the market. Liquid capsule formulations are easier to swallow and absorb more quickly in the body than tablet formulations. Hence, liquid-filled capsules are becoming increasingly popular as dietary supplements in the nutraceutical industry.
The production of liquid-filled capsules is now consistent and efficient due to advancements in precision and automation in modern encapsulation machines. This guarantees consistent dosage and quality of capsules.
The market for liquid capsule-filling machines is further expected to surge due to rising healthcare costs, population growth, and adoption of liquid filled capsules. The machines' low maintenance requirements and rising disposable income are anticipated to help fuel the market value.
Other factors influencing liquid-filled capsule market expansion include the growing requirement for product standardization, the need for acceptable hygiene, and the increasing use of automated & sophisticated technology. Furthermore, the market for liquid capsule-filled capsules is projected to rise due to ongoing technological advancements.
The global liquid-filled capsule market recorded a historical CAGR of 2.5% from 2019 to 2023. In 2023, the market attained a valuation of USD 1,548.2 million.
The market for liquid-filled capsules has grown as a result of the expansion of the nutraceutical industry. Vitamins, minerals, and other nutritional supplements are frequently delivered in liquid-filled capsule form, which is in line with the rising consumer interest in health & wellness.
Improvements in encapsulation techniques and quality control procedures, among other advancements in capsule manufacturing technology, have increased the productivity and dependability of creating liquid-filled capsules. By achieving quality requirements and enhancing production capacities, this has helped the market to flourish.
Liquid-filled capsules have become widely used due to the requirement for specific drug delivery methods and the movement toward personalized medicine. These capsules provide customization in terms of dosages, combinations, and release profiles to cater to the specific needs of each patient.
Higher-quality liquid-filled capsules have resulted from improvements in the accuracy and efficiency of the encapsulation process brought about by advancements in capsule manufacturing technologies. The use of substitute materials for capsule shells has increased, particularly to satisfy the needs of vegetarian and vegan customers. Alternatives to conventional gelatin, such as plant-based gelatin, are gaining traction in the market.
The table below shows the estimated growth rates of the top five countries. Japan, China, and India are set to record high CAGRs of 7.4%, 7.0%, and 5.7%, respectively, through 2034.
Countries | Value CAGR |
---|---|
United States | 3.7% |
China | 7.0% |
India | 5.7% |
Japan | 7.4% |
Germany | 4.8% |
The United States dominated the global market with a 33.3% share in 2023. The regulatory environment in the United States significantly impacts the liquid-filled capsule market.
The Food and Drug Administration (FDA) of the United States established stringent regulatory standards for pharmaceuticals and healthcare products. The regulatory framework ensures that drugs and dosage forms, including liquid-filled capsules, are safe, effective, and high quality.
Consumers and healthcare professionals have confidence in the safety and quality of pharmaceutical products because of the FDA's rigorous approval process and adherence to Good Manufacturing Practices (GMP). The United States' reputation for manufacturing high-quality pharmaceuticals is attributed to its strong regulatory framework, which draws domestic and foreign pharmaceutical companies to invest in and support the market.
Rising demand has been witnessed in the United States nutraceutical market, driven by product innovation and less stringent regulatory hurdles than those mandated for the pharmaceutical industry in other Western economies. Hence, the growing demand in the nutraceutical space is expected to drive the market for liquid filled capsules in the forecast period.
China has implemented extensive healthcare reforms to increase the quality of medical care, easy access to healthcare services, and foster innovation in the pharmaceutical industry. The demand for pharmaceutical products, particularly innovative drug delivery systems like liquid-filled capsules, is rising.
It is due to the expansion of healthcare coverage and focus on preventative care. Pharmaceutical firms in China are launching novel dosage forms to address the changing demands of the populace regarding healthcare.
In India, the cost-effectiveness of manufacturing pharmaceutical products, including liquid-filled capsules, is a key factor influencing the market. India is renowned for its ability to produce innovative capsule delivery systems and generic medications at a low cost of production.
The cost benefits in the market result from cheaper labor, accessible raw materials, and effective production methods. India-based pharmaceutical companies are making significant research and development investments to expand their product lines and provide cutting-edge dosage forms, such as liquid-filled capsules, at competitive pricing.
Japan’s pharmaceutical industry increasingly uses cutting-edge drug delivery techniques to improve patient compliance and medication efficacy. For certain formulations, liquid-filled capsules are estimated to be the better option.
Pharmaceutical regulations in Japan are quite stringent. Companies involved in the liquid-filled capsule business must abide by these rules.
Consumers typically prioritize safe and high-quality products in Japan. To achieve consumer expectations, manufacturers in the liquid-filled capsule market must guarantee product quality, stability, and adherence to safety regulations.
Germany’s liquid filled capsule market is positively influenced by cutting-edge technologies in capsule manufacturing. Manufacturers are enhancing encapsulation procedures and quality control techniques to guarantee product quality and consistency of their product in the market.
Sustainability of the environment is a key priority among companies in Germany. Companies in the liquid-filled capsule market are directing toward eco-friendly packaging solutions and materials to comply with the nation's environmental objectives.
The below section shows the softgel capsule segment dominating by product type. It is expected to surge at a CAGR of 2.7% by 2034. Based on raw material, the gelatin segment is anticipated to hold the dominant share through 2024. It is projected to rise at a CAGR of 2.6% through 2034.
Segment | Value CAGR |
---|---|
Gelatin (Raw Material) | 2.6% |
Pharmaceutical Companies (End-user) | 2.1% |
Vitamin and Dietary Supplements (Application) | 2.1% |
Softgel Capsules (Products) | 2.7% |
Softgel capsules dominated the global market with a 67.6% market share in 2023. Softgel capsules provide improved bioavailability, ease of swallowing, and compatibility with several formulations. Consumers favor softgel capsules due to their smooth texture and perceived effectiveness, which makes them a popular option for pharmaceutical, nutraceutical, and cosmetic products.
Softgel capsules also offer efficient packaging that shields the contents from outside influences like moisture and light. This enhances the encapsulated product's stability and shelf life. Consumers are expected to find softgel capsules simpler to swallow than tablets or hard capsules, which is anticipated to drive softgel capsule sales.
Gelatin dominated the global market with a 73.4% market share in 2023. The segment is projected to continue experiencing high growth throughout the forecast period.
The key ingredient used in producing liquid filled capsules is gelatin made from animal collagen. Gelatin contributes to the liquid-filled capsules' stability and longer shelf life by acting as an efficient barrier to shield the encapsulated substance from external influences.
With the rise of vegan trend, consumers are looking for vegan alternatives to liquid filled capsules made from gelatin. Manufacturers are adopting alternatives such as hydroxypropyl methylcellulose (HPMC) to accommodate consumers' dietary requirements.
The market for liquid filled capsules is quite fragmented with several leading competitors. Key players are directed toward growth strategies such as partnerships, collaborations, product launches, acquisitions, and mergers to satisfy customer demand and grow their clientele.
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Attribute | Details |
---|---|
Estimated Value (2024) | USD 1,587.1 million |
Projected Value (2034) | USD 2,113.9 million |
Anticipated Growth Rate (2024 to 2034) | 2.9% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD million for Value |
Key Regions Covered | North America; Latin America; South Asia and Pacific; East Asia; Western Europe; Eastern Europe; Middle East and Africa |
Key Countries Covered | United States, Canada, Mexico, Brazil, Chile, China, Japan, South Korea, India, Association of Southeast Asian Nations, Australia and New Zealand, Germany, Italy, France, United Kingdom, Spain, BENELUX, Nordic Countries, Russia, Hungary, Poland, Saudi Arabia, Türkiye, South Africa, Other African Union. |
Key Market Segments Covered | Product, Raw Material, Application, End-user, and Region |
Key Companies Profiled | Lonza Capsules & Health Ingredients; Aenova Group; Fuji Capsule Co., Ltd; Catalent, Inc.; EuroCaps Ltd; Guangdong Yichao Biotechnology Co., Ltd.; Captek Softgel International Inc.; Soft Gel Technologies Inc.; Thermo Fisher Scientific Inc. (Patheon); Delpharm Evreux; Curtis Health Caps; CapsCanada; Altasciences; Fermentis Life Sciences; ACG; Sunil Healthcare Limited; Ascendia Pharmaceuticals; LIQUIDCAPSULE MANUFACTURING LLC; SMPNutra.com |
Report Coverage | Market Forecast, Competition Intelligence, Drivers, Restraints, Opportunities, Trends Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Table 01: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 02: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 03: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 04: Global Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 05: North America Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 06: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 07: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 08: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 09: North America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 10: Latin America Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 11: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 12: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 13: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 14: Latin America Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 15: East Asia Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 16: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 17: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 18: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 19: East Asia Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 20: South Asia and Pacific Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 21: South Asia and Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 22: South Asia and Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 23: South Asia and Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 24: South Asia and Pacific Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 25: Western Europe Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 26: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 27: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 28: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 29: Western Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 30: Eastern Europe Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 31: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 32: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 33: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 34: Eastern Europe Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Table 35: Middle East and Africa Market Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country
Table 36: Middle East and Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Product
Table 37: Middle East and Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Raw Material
Table 38: Middle East and Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by Application
Table 39: Middle East and Africa Market Value (US$ million) Analysis and Forecast 2019 to 2034, by End-user
Figure 1: Global Market Value (US$ million) Analysis, 2019 to 2023
Figure 2: Global Market Forecast and Y-o-Y Growth, 2024 to 2034
Figure 3: Global Market Absolute $ Opportunity (US$ million) Analysis, 2023 to 2034
Figure 4: Global Market Value Share (%) Analysis 2023 to 2034, by Product
Figure 5: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Product
Figure 6: Global Market Attractiveness Analysis 2024 to 2034, by Product
Figure 7: Global Market Value Share (%) Analysis 2023 to 2034, by Raw Material
Figure 8: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Raw Material
Figure 9: Global Market Attractiveness Analysis 2024 to 2034, by Raw Material
Figure 10: Global Market Value Share (%) Analysis 2023 to 2034, by Application
Figure 11: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Application
Figure 12: Global Market Attractiveness Analysis 2024 to 2034, by Application
Figure 13: Global Market Value Share (%) Analysis 2023 to 2034, by End-user
Figure 14: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by End-user
Figure 15: Global Market Attractiveness Analysis 2024 to 2034, by End-user
Figure 16: Global Market Value Share (%) Analysis 2023 to 2034, by Region
Figure 17: Global Market Y-o-Y Growth (%) Analysis 2024 to 2034, by Region
Figure 18: Global Market Attractiveness Analysis 2024 to 2034, by Region
Figure 19: North America Market Value (US$ million) Analysis, 2019 to 2023
Figure 20: North America Market Value (US$ million) Forecast, 2024 to 2034
Figure 21: North America Market Value Share, by Product (2024 E)
Figure 22: North America Market Value Share, by Raw Material (2024 E)
Figure 23: North America Market Value Share, by Application (2024 E)
Figure 24: North America Market Value Share, by End-user (2024 E)
Figure 25: North America Market Value Share, by Country (2024 E)
Figure 26: North America Market Attractiveness Analysis by Product, 2024 to 2034
Figure 27: North America Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 28: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 30: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 31: United States Market Value Proportion Analysis, 2023
Figure 32: Global Vs. United States Growth Comparison, 2024 to 2034
Figure 33: United States Market Share Analysis (%) by Product, 2024 to 2034
Figure 34: United States Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 35: United States Market Share Analysis (%) by Application, 2024 to 2034
Figure 36: United States Market Share Analysis (%) by End-user, 2024 to 2034
Figure 37: Canada Market Value Proportion Analysis, 2023
Figure 38: Global Vs. Canada. Growth Comparison, 2024 to 2034
Figure 39: Canada Market Share Analysis (%) by Product, 2024 to 2034
Figure 40: Canada Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 41: Canada Market Share Analysis (%) by Application, 2024 to 2034
Figure 42: Canada Market Share Analysis (%) by End-user, 2024 to 2034
Figure 43: Mexico Market Value Proportion Analysis, 2023
Figure 44: Global Vs. Mexico Growth Comparison, 2024 to 2034
Figure 45: Mexico Market Share Analysis (%) by Product, 2024 to 2034
Figure 46: Mexico Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 47: Mexico Market Share Analysis (%) by Application, 2024 to 2034
Figure 48: Mexico Market Share Analysis (%) by End-user, 2024 to 2034
Figure 49: Latin America Market Value (US$ million) Analysis, 2019 to 2023
Figure 50: Latin America Market Value (US$ million) Forecast, 2024 to 2034
Figure 51: Latin America Market Value Share, by Product (2024 E)
Figure 52: Latin America Market Value Share, by Raw Material (2024 E)
Figure 53: Latin America Market Value Share, by Application (2024 E)
Figure 54: Latin America Market Value Share, by End-user (2024 E)
Figure 55: Latin America Market Value Share, by Country (2024 E)
Figure 56: Latin America Market Attractiveness Analysis by Product, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 58: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 59: Latin America Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 60: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 61: Brazil Market Value Proportion Analysis, 2023
Figure 62: Global Vs. Brazil. Growth Comparison, 2024 to 2034
Figure 63: Brazil Market Share Analysis (%) by Product, 2024 to 2034
Figure 64: Brazil Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 65: Brazil Market Share Analysis (%) by Application, 2024 to 2034
Figure 66: Brazil Market Share Analysis (%) by End-user, 2024 to 2034
Figure 67: Chile Market Value Proportion Analysis, 2023
Figure 68: Global Vs. Chile Growth Comparison, 2024 to 2034
Figure 69: Chile Market Share Analysis (%) by Product, 2024 to 2034
Figure 70: Chile Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 71: Chile Market Share Analysis (%) by Application, 2024 to 2034
Figure 72: Chile Market Share Analysis (%) by End-user, 2024 to 2034
Figure 73: East Asia Market Value (US$ million) Analysis, 2019 to 2023
Figure 74: East Asia Market Value (US$ million) Forecast, 2024 to 2034
Figure 75: East Asia Market Value Share, by Product (2024 E)
Figure 76: East Asia Market Value Share, by Raw Material (2024 E)
Figure 77: East Asia Market Value Share, by Application (2024 E)
Figure 78: East Asia Market Value Share, by End-user (2024 E)
Figure 79: East Asia Market Value Share, by Country (2024 E)
Figure 80: East Asia Market Attractiveness Analysis by Product, 2024 to 2034
Figure 81: East Asia Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 82: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 83: East Asia Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 84: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 85: China Market Value Proportion Analysis, 2023
Figure 86: Global Vs. China Growth Comparison, 2024 to 2034
Figure 87: China Market Share Analysis (%) by Product, 2024 to 2034
Figure 88: China Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 89: China Market Share Analysis (%) by Application, 2024 to 2034
Figure 90: China Market Share Analysis (%) by End-user, 2024 to 2034
Figure 91: Japan Market Value Proportion Analysis, 2023
Figure 92: Global Vs. Japan Growth Comparison, 2024 to 2034
Figure 93: Japan Market Share Analysis (%) by Product, 2024 to 2034
Figure 94: Japan Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 95: Japan Market Share Analysis (%) by Application, 2024 to 2034
Figure 96: Japan Market Share Analysis (%) by End-user, 2024 to 2034
Figure 97: South Korea Market Value Proportion Analysis, 2023
Figure 98: Global Vs South Korea Growth Comparison, 2024 to 2034
Figure 99: South Korea Market Share Analysis (%) by Product, 2024 to 2034
Figure 100: South Korea Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 101: South Korea Market Share Analysis (%) by Application, 2024 to 2034
Figure 102: South Korea Market Share Analysis (%) by End-user, 2024 to 2034
Figure 103: South Asia and Pacific Market Value (US$ million) Analysis, 2019 to 2023
Figure 104: South Asia and Pacific Market Value (US$ million) Forecast, 2024 to 2034
Figure 105: South Asia and Pacific Market Value Share, by Product (2024 E)
Figure 106: South Asia and Pacific Market Value Share, by Raw Material (2024 E)
Figure 107: South Asia and Pacific Market Value Share, by Application (2024 E)
Figure 108: South Asia and Pacific Market Value Share, by End-user (2024 E)
Figure 109: South Asia and Pacific Market Value Share, by Country (2024 E)
Figure 110: South Asia and Pacific Market Attractiveness Analysis by Product, 2024 to 2034
Figure 111: South Asia and Pacific Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 112: South Asia and Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 113: South Asia and Pacific Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 114: South Asia and Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 115: India Market Value Proportion Analysis, 2023
Figure 116: Global Vs. India Growth Comparison, 2024 to 2034
Figure 117: India Market Share Analysis (%) by Product, 2024 to 2034
Figure 118: India Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 119: India Market Share Analysis (%) by Application, 2024 to 2034
Figure 120: India Market Share Analysis (%) by End-user, 2024 to 2034
Figure 121: ASEAN Countries Market Value Proportion Analysis, 2023
Figure 122: Global Vs. ASEAN Countries Growth Comparison, 2024 to 2034
Figure 123: ASEAN Countries Market Share Analysis (%) by Product, 2024 to 2034
Figure 124: ASEAN Countries Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 125: ASEAN Countries Market Share Analysis (%) by Application, 2024 to 2034
Figure 126: ASEAN Countries Market Share Analysis (%) by End-user, 2024 to 2034
Figure 127: Australia and New Zealand Market Value Proportion Analysis, 2023
Figure 128: Global Vs. Australia and New Zealand Growth Comparison, 2024 to 2034
Figure 129: Australia and New Zealand Market Share Analysis (%) by Product, 2024 to 2034
Figure 130: Australia and New Zealand Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 131: Australia and New Zealand Market Share Analysis (%) by Application, 2024 to 2034
Figure 132: Australia and New Zealand Market Share Analysis (%) by End-user, 2024 to 2034
Figure 133: Western Europe Market Value (US$ million) Analysis, 2019 to 2023
Figure 134: Western Europe Market Value (US$ million) Forecast, 2024 to 2034
Figure 135: Western Europe Market Value Share, by Product (2024 E)
Figure 136: Western Europe Market Value Share, by Raw Material (2024 E)
Figure 137: Western Europe Market Value Share, by Application (2024 E)
Figure 138: Western Europe Market Value Share, by End-user (2024 E)
Figure 139: Western Europe Market Value Share, by Country (2024 E)
Figure 140: Western Europe Market Attractiveness Analysis by Product, 2024 to 2034
Figure 141: Western Europe Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 142: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 143: Western Europe Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 144: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 145: United Kingdom Market Value Proportion Analysis, 2023
Figure 146: Global Vs. United Kingdom Growth Comparison, 2024 to 2034
Figure 147: United Kingdom Market Share Analysis (%) by Product, 2024 to 2034
Figure 148: United Kingdom Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 149: United Kingdom Market Share Analysis (%) by Application, 2024 to 2034
Figure 150: United Kingdom Market Share Analysis (%) by End-user, 2024 to 2034
Figure 151: Germany Market Value Proportion Analysis, 2023
Figure 152: Global Vs. Germany Growth Comparison, 2024 to 2034
Figure 153: Germany Market Share Analysis (%) by Product, 2024 to 2034
Figure 154: Germany Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 155: Germany Market Share Analysis (%) by Application, 2024 to 2034
Figure 156: Germany Market Share Analysis (%) by End-user, 2024 to 2034
Figure 157: Italy Market Value Proportion Analysis, 2023
Figure 158: Global Vs. Italy Growth Comparison, 2024 to 2034
Figure 159: Italy Market Share Analysis (%) by Product, 2024 to 2034
Figure 160: Italy Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 161: Italy Market Share Analysis (%) by Application, 2024 to 2034
Figure 162: Italy Market Share Analysis (%) by End-user, 2024 to 2034
Figure 163: France Market Value Proportion Analysis, 2023
Figure 164: Global Vs France Growth Comparison, 2024 to 2034
Figure 165: France Market Share Analysis (%) by Product, 2024 to 2034
Figure 166: France Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 167: France Market Share Analysis (%) by Application, 2024 to 2034
Figure 168: France Market Share Analysis (%) by End-user, 2024 to 2034
Figure 169: Spain Market Value Proportion Analysis, 2023
Figure 170: Global Vs Spain Growth Comparison, 2024 to 2034
Figure 171: Spain Market Share Analysis (%) by Product, 2024 to 2034
Figure 172: Spain Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 173: Spain Market Share Analysis (%) by Application, 2024 to 2034
Figure 174: Spain Market Share Analysis (%) by End-user, 2024 to 2034
Figure 175: Nordic Countries Market Value Proportion Analysis, 2023
Figure 176: Global Vs Nordic Countries Growth Comparison, 2024 to 2034
Figure 177: Nordic Countries Market Share Analysis (%) by Product, 2024 to 2034
Figure 178: Nordic Countries Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 179: Nordic Countries Market Share Analysis (%) by Application, 2024 to 2034
Figure 180: Nordic Countries Market Share Analysis (%) by End-user, 2024 to 2034
Figure 181: BENELUX Market Value Proportion Analysis, 2023
Figure 182: Global Vs BENELUX Growth Comparison, 2024 to 2034
Figure 183: BENELUX Market Share Analysis (%) by Product, 2024 to 2034
Figure 184: BENELUX Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 185: BENELUX Market Share Analysis (%) by Application, 2024 to 2034
Figure 186: BENELUX Market Share Analysis (%) by End-user, 2024 to 2034
Figure 187: Eastern Europe Market Value (US$ million) Analysis, 2019 to 2023
Figure 188: Eastern Europe Market Value (US$ million) Forecast, 2024 to 2034
Figure 189: Eastern Europe Market Value Share, by Product (2024 E)
Figure 190: Eastern Europe Market Value Share, by Raw Material (2024 E)
Figure 191: Eastern Europe Market Value Share, by Application (2024 E)
Figure 192: Eastern Europe Market Value Share, by End-user (2024 E)
Figure 193: Eastern Europe Market Value Share, by Country (2024 E)
Figure 194: Eastern Europe Market Attractiveness Analysis by Product, 2024 to 2034
Figure 195: Eastern Europe Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 196: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 197: Eastern Europe Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 198: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 199: Russia Market Value Proportion Analysis, 2023
Figure 200: Global Vs. Russia Growth Comparison, 2024 to 2034
Figure 201: Russia Market Share Analysis (%) by Product, 2024 to 2034
Figure 202: Russia Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 203: Russia Market Share Analysis (%) by Application, 2024 to 2034
Figure 204: Russia Market Share Analysis (%) by End-user, 2024 to 2034
Figure 205: Hungary Market Value Proportion Analysis, 2023
Figure 206: Global Vs Hungary Growth Comparison, 2024 to 2034
Figure 207: Hungary Market Share Analysis (%) by Product, 2024 to 2034
Figure 208: Hungary Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 209: Hungary Market Share Analysis (%) by Application, 2024 to 2034
Figure 210: Hungary Market Share Analysis (%) by End-user, 2024 to 2034
Figure 211: Poland Market Value Proportion Analysis, 2023
Figure 212: Global Vs Poland Growth Comparison, 2024 to 2034
Figure 213: Poland Market Share Analysis (%) by Product, 2024 to 2034
Figure 214: Poland Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 215: Poland Market Share Analysis (%) by Application, 2024 to 2034
Figure 216: Poland Market Share Analysis (%) by End-user, 2024 to 2034
Figure 217: Middle East and Africa Market Value (US$ million) Analysis, 2019 to 2023
Figure 218: Middle East and Africa Market Value (US$ million) Forecast, 2024 to 2034
Figure 219: Middle East and Africa Market Value Share, by Product (2024 E)
Figure 220: Middle East and Africa Market Value Share, by Raw Material (2024 E)
Figure 221: Middle East and Africa Market Value Share, by Application (2024 E)
Figure 222: Middle East and Africa Market Value Share, by End-user (2024 E)
Figure 223: Middle East and Africa Market Value Share, by Country (2024 E)
Figure 224: Middle East and Africa Market Attractiveness Analysis by Product, 2024 to 2034
Figure 225: Middle East and Africa Market Attractiveness Analysis by Raw Material, 2024 to 2034
Figure 226: Middle East and Africa Market Attractiveness Analysis by Application, 2024 to 2034
Figure 227: Middle East and Africa Market Attractiveness Analysis by End-user, 2024 to 2034
Figure 228: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 229: Saudi Arabia Market Value Proportion Analysis, 2023
Figure 230: Global Vs Saudi Arabia Growth Comparison, 2024 to 2034
Figure 231: Saudi Arabia Market Share Analysis (%) by Product, 2024 to 2034
Figure 232: Saudi Arabia Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 233: Saudi Arabia Market Share Analysis (%) by Application, 2024 to 2034
Figure 234: Saudi Arabia Market Share Analysis (%) by End-user, 2024 to 2034
Figure 235: Türkiye Market Value Proportion Analysis, 2023
Figure 236: Global Vs. Türkiye Growth Comparison, 2024 to 2034
Figure 237: Türkiye Market Share Analysis (%) by Product, 2024 to 2034
Figure 238: Türkiye Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 239: Türkiye Market Share Analysis (%) by Application, 2024 to 2034
Figure 240: Türkiye Market Share Analysis (%) by End-user, 2024 to 2034
Figure 241: South Africa Market Value Proportion Analysis, 2023
Figure 242: Global Vs. South Africa Growth Comparison, 2024 to 2034
Figure 243: South Africa Market Share Analysis (%) by Product, 2024 to 2034
Figure 244: South Africa Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 245: South Africa Market Share Analysis (%) by Application, 2024 to 2034
Figure 246: South Africa Market Share Analysis (%) by End-user, 2024 to 2034
Figure 247: Other African Union Market Value Proportion Analysis, 2023
Figure 248: Global Vs Other African Union Growth Comparison, 2024 to 2034
Figure 249: Other African Union Market Share Analysis (%) by Product, 2024 to 2034
Figure 250: Other African Union Market Share Analysis (%) by Raw Material, 2024 to 2034
Figure 251: Other African Union Market Share Analysis (%) by Application, 2024 to 2034
Figure 252: Other African Union Market Share Analysis (%) by End-user, 2024 to 2034
The market was valued at USD 1,548.2 million in 2023.
The global market is set to reach a valuation of USD 2,113.9 million in 2034.
The softgel capsules segment held 67.6% share of the global market in 2022.
Demand in the global market increased at a 2.5% CAGR from 2019 to 2023.
The global market is estimated to reach around USD 1,587.1 million by 2024.
The United States accounted for a 33.3% share of the global market in 2023.
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