The Asia Pacific Vegetarian Softgel Capsules Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027).
The rise in the number of working women and the growing number of nuclear double-income households, particularly in urban areas, are major trends that are influencing many consumers' shifting lifestyles and attitudes about healthy living in emerging countries. Therefore, such trends may encourage people to go towards innovative pharmaceuticals that help to promote overall health.
Manufacturers are working on a variety of projects to create novel vegetarian softgel capsules that are more adaptable and convenient for pharmaceutical, nutraceutical, and cosmeceutical applications.
More vegetarians live in India than in the rest of the world combined. Many Indian religions, including Hinduism, Buddhism, and Sikhism, have vegetarian philosophical schools, while Jainism officially prohibits meat intake. According to UN FAO figures from 2007, Indians consumed the least amount of meat in the world. Lard, gelatin, and beef stock are examples of animal-based products (other than milk and honey) that are not utilized in traditional cuisine.
With a green dot in a green square, India has established a system of labeling edible food comprised entirely of vegetarian ingredients. Vegetarian Society (VSS) and SgVeganCommunity are two of Singapore's largest vegetarian and vegan communities. Therefore, such trends associated with veganism and vegetarianism would create higher demand for softgel capsules based on vegetarian formulations. Moreover, various key players are aiming to capitalize on the lucrative market of this region.
The China market dominated the Asia Pacific Vegetarian Softgel Capsules Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $54.0 million by 2027. The Japan market is exhibiting CAGR of 3.7% during (2021 - 2027). Additionally, The India market would display a CAGR of 5% during (2021 - 2027).
Based on Material, the market is segmented into Starch, Cellulose, and Pullulan. Based on Application, the market is segmented into Health Supplements, Pharmaceuticals, and Cosmetics. Based on Distribution Channel, the market is segmented into Retail Stores & Pharmacy, Hospital Pharmacy, and Online Providers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vegetarian Softgel Capsules Market is Projected to reach USD 689.1 Million by 2027, at a CAGR of 4.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aenova Group GmbH (BC Partners), Catalent, Inc., Best Formulations, Inc., Lyfe Group (Caps Canada), Robinson Pharma, Inc., Sirio Pharma Co., Ltd., Procaps Group, EuroCaps Ltd., and DuPont de Nemours, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Starch
- Cellulose
- Pullulan
By Application
- Health Supplements
- Pharmaceuticals
- Cosmetics
By Distribution Channel
- Retail Stores & Pharmacy
- Hospital Pharmacy
- Online Providers
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Aenova Group GmbH (BC Partners)
- Catalent, Inc.
- Best Formulations, Inc.
- Captek Softgel International, Inc.
- Lyfe Group (Caps Canada)
- Robinson Pharma, Inc.
- Sirio Pharma Co., Ltd.
- Procaps Group
- EuroCaps Ltd.
- DuPont de Nemours, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Vegetarian Softgel Capsules Market, by Material
1.4.2 Asia Pacific Vegetarian Softgel Capsules Market, by Application
1.4.3 Asia Pacific Vegetarian Softgel Capsules Market, by Distribution Channel
1.4.4 Asia Pacific Vegetarian Softgel Capsules Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Vegetarian Softgel Capsules Market
Chapter 4. Asia Pacific Vegetarian Softgel Capsules Market by Material
4.1 Asia Pacific Starch Market by Country
4.2 Asia Pacific Cellulose Market by Country
4.3 Asia Pacific Pullulan Market by Country
Chapter 5. Asia Pacific Vegetarian Softgel Capsules Market by Application
5.1 Asia Pacific Health Supplements Market by Country
5.2 Asia Pacific Pharmaceuticals Market by Country
5.3 Asia Pacific Cosmetics Market by Country
Chapter 6. Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel
6.1 Asia Pacific Retail Stores & Pharmacy Market by Country
6.2 Asia Pacific Hospital Pharmacy Market by Country
6.3 Asia Pacific Online Providers Market by Country
Chapter 7. Asia Pacific Vegetarian Softgel Capsules Market by Country
7.1 China Vegetarian Softgel Capsules Market
7.1.1 China Vegetarian Softgel Capsules Market by Material
7.1.2 China Vegetarian Softgel Capsules Market by Application
7.1.3 China Vegetarian Softgel Capsules Market by Distribution Channel
7.2 Japan Vegetarian Softgel Capsules Market
7.2.1 Japan Vegetarian Softgel Capsules Market by Material
7.2.2 Japan Vegetarian Softgel Capsules Market by Application
7.2.3 Japan Vegetarian Softgel Capsules Market by Distribution Channel
7.3 India Vegetarian Softgel Capsules Market
7.3.1 India Vegetarian Softgel Capsules Market by Material
7.3.2 India Vegetarian Softgel Capsules Market by Application
7.3.3 India Vegetarian Softgel Capsules Market by Distribution Channel
7.4 South Korea Vegetarian Softgel Capsules Market
7.4.1 South Korea Vegetarian Softgel Capsules Market by Material
7.4.2 South Korea Vegetarian Softgel Capsules Market by Application
7.4.3 South Korea Vegetarian Softgel Capsules Market by Distribution Channel
7.5 Singapore Vegetarian Softgel Capsules Market
7.5.1 Singapore Vegetarian Softgel Capsules Market by Material
7.5.2 Singapore Vegetarian Softgel Capsules Market by Application
7.5.3 Singapore Vegetarian Softgel Capsules Market by Distribution Channel
7.6 Malaysia Vegetarian Softgel Capsules Market
7.6.1 Malaysia Vegetarian Softgel Capsules Market by Material
7.6.2 Malaysia Vegetarian Softgel Capsules Market by Application
7.6.3 Malaysia Vegetarian Softgel Capsules Market by Distribution Channel
7.7 Rest of Asia Pacific Vegetarian Softgel Capsules Market
7.7.1 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Material
7.7.2 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Application
7.7.3 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Aenova Group GmbH (BC Partners)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 Catalent, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Geographical Expansions:
8.3 Best Formulations, Inc.
8.3.1 Company Overview
8.4 Captek Softgel International, Inc.
8.4.1 Company Overview
8.5 Lyfe Group (Caps Canada)
8.5.1 Company Overview
8.5.2 Recent Strategies and developments:
8.5.2.1 Geographical Expansions:
8.6 Robinson Pharma, Inc.
8.6.1 Company Overview
8.7 Sirio Pharma Co., Ltd.
8.7.1 Company Overview
8.7.2 Recent Strategies and developments:
8.7.2.1 Geographical Expansions:
8.8 Procaps Group
8.8.1 Company Overview
8.9 EuroCaps Ltd. (DCC Plc)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.10. DuPont de Nemours, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 Asia Pacific Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 2 Asia Pacific Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 3 Asia Pacific Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 4 Asia Pacific Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 5 Asia Pacific Starch Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Asia Pacific Starch Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Asia Pacific Cellulose Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Asia Pacific Cellulose Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Asia Pacific Pullulan Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Asia Pacific Pullulan Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Asia Pacific Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 12 Asia Pacific Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 13 Asia Pacific Health Supplements Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Asia Pacific Health Supplements Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Asia Pacific Pharmaceuticals Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Asia Pacific Pharmaceuticals Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Asia Pacific Cosmetics Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Asia Pacific Cosmetics Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 20 Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 21 Asia Pacific Retail Stores & Pharmacy Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Asia Pacific Retail Stores & Pharmacy Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Asia Pacific Hospital Pharmacy Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Asia Pacific Hospital Pharmacy Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Asia Pacific Online Providers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Asia Pacific Online Providers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Asia Pacific Vegetarian Softgel Capsules Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Asia Pacific Vegetarian Softgel Capsules Market by Country, 2021 - 2027, USD Thousands
TABLE 29 China Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 30 China Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 31 China Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 32 China Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 33 China Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 34 China Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 35 China Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 36 China Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 37 Japan Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 38 Japan Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 39 Japan Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 40 Japan Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 41 Japan Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 42 Japan Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 43 Japan Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 44 Japan Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 45 India Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 46 India Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 47 India Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 48 India Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 49 India Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 50 India Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 51 India Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 52 India Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 53 South Korea Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 54 South Korea Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 55 South Korea Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 56 South Korea Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 57 South Korea Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 58 South Korea Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 59 South Korea Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 60 South Korea Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 61 Singapore Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 62 Singapore Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 63 Singapore Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 64 Singapore Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 65 Singapore Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 66 Singapore Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 67 Singapore Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 68 Singapore Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 69 Malaysia Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 70 Malaysia Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 71 Malaysia Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 72 Malaysia Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 73 Malaysia Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 74 Malaysia Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 75 Malaysia Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 76 Malaysia Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 77 Rest of Asia Pacific Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 78 Rest of Asia Pacific Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 79 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 80 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 81 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 84 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 85 Key information – Aenova Group GmbH
TABLE 86 Key information – CATALENT, INC.
TABLE 87 Key information – Best Formulations, Inc.
TABLE 88 Key information – Captek Softgel International, Inc.
TABLE 89 Key information – Lyfe group
TABLE 90 Key information - Robinson Pharma, Inc.
TABLE 91 Key information – Sirio Pharma Co., Ltd.
TABLE 92 Key information – Procaps Group
TABLE 93 Key information – EuroCaps Ltd.
TABLE 94 Key Information –DuPont de Nemours, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Catalent, Inc.