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Softgel Capsules Market size was worth over USD 8.9 billion in 2022. Driven by the rising prevalence of chronic disorders globally.
Chronic ailments such as cardiovascular diseases, cancer, and others have gained significant prominence. As per CDC, stroke is diagnosed in around 795,000 people every year in the U.S. alone, of which nearly 610,000 are new stroke cases. The rising disease burden and the subsequent surge in demand for advanced drug therapies will propel the demand for softgel capsules. Moreover, the growing number of ongoing clinical trials and novel product innovations will create ample growth opportunities for softgel capsules business.
Report Attribute | Details |
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Base Year: | 2022 |
Softgel Capsules Market Size in 2022: | USD 8.9 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 15 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 327 |
Segments covered: | Type, Application, Manufacturer, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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