The Europe Vegetarian Softgel Capsules Market would witness market growth of 3.8% CAGR during the forecast period (2021-2027).
Vegetarian capsules have the advantage of not containing animal byproducts, making them acceptable for people who choose not to consume items derived from animals. Vegetable capsules dissolve faster than other types of capsules on the market, allowing their contents to be digested by the body at a faster rate. Moreover, when stored for longer periods of time, these vegetable capsules are more stable and have a high tolerance for heat and humidity.
Vegetable cellulose, a significant component of plant cell walls and fibers, is used to make the majority of vegetarian softgel capsules. Several other forms of cellulose, such as Hypromellose, can be utilized to manufacture these capsules. The most important thing to know about this chemical is that it comes from softwood trees (think pine and fir) and may act as a strong binding and coating agent, making it a suitable substitute for animal gelatin.
According to a YouGov survey of 2021 in the UK, 8% of respondents stated they eat a plant-based diet, and more than a third want to go vegan. Moreover, according to a larger poll conducted by The Vegan Society, the number of vegans in the UK doubled between 2014 and 2018; in 2018, there were approximately 600,000 vegans in the UK, or 1.16 percent of the total population. In addition, 31% of people are eating less meat for health or ethical reasons, and 19% are consuming fewer dairy products.
Such trends indicate that participation in the vegetarian and vegan diet has increased and will continue to increase in the upcoming years. Moreover, many people are intolerant to gelatin-based products, thereby increasing the demand for softgel capsules in the vegetarian format.
The Germany market dominated the Europe Vegetarian Softgel Capsules Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $48.1 million by 2027. The UK market is anticipated to grow at a CAGR of 3.1% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 4.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Vegetarian Softgel Capsules Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Vegetarian Softgel Capsules Market, by Material
1.4.2 Europe Vegetarian Softgel Capsules Market, by Application
1.4.3 Europe Vegetarian Softgel Capsules Market, by Distribution Channel
1.4.4 Europe 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. Europe Vegetarian Softgel Capsules Market by Material
4.1 Europe Starch Market by Country
4.2 Europe Cellulose Market by Country
4.3 Europe Pullulan Market by Country
Chapter 5. Europe Vegetarian Softgel Capsules Market by Application
5.1 Europe Health Supplements Market by Country
5.2 Europe Pharmaceuticals Market by Country
5.3 Europe Cosmetics Market by Country
Chapter 6. Europe Vegetarian Softgel Capsules Market by Distribution Channel
6.1 Europe Retail Stores & Pharmacy Market by Country
6.2 Europe Hospital Pharmacy Market by Country
6.3 Europe Online Providers Market by Country
Chapter 7. Europe Vegetarian Softgel Capsules Market by Country
7.1 Germany Vegetarian Softgel Capsules Market
7.1.1 Germany Vegetarian Softgel Capsules Market by Material
7.1.2 Germany Vegetarian Softgel Capsules Market by Application
7.1.3 Germany Vegetarian Softgel Capsules Market by Distribution Channel
7.2 UK Vegetarian Softgel Capsules Market
7.2.1 UK Vegetarian Softgel Capsules Market by Material
7.2.2 UK Vegetarian Softgel Capsules Market by Application
7.2.3 UK Vegetarian Softgel Capsules Market by Distribution Channel
7.3 France Vegetarian Softgel Capsules Market
7.3.1 France Vegetarian Softgel Capsules Market by Material
7.3.2 France Vegetarian Softgel Capsules Market by Application
7.3.3 France Vegetarian Softgel Capsules Market by Distribution Channel
7.4 Russia Vegetarian Softgel Capsules Market
7.4.1 Russia Vegetarian Softgel Capsules Market by Material
7.4.2 Russia Vegetarian Softgel Capsules Market by Application
7.4.3 Russia Vegetarian Softgel Capsules Market by Distribution Channel
7.5 Spain Vegetarian Softgel Capsules Market
7.5.1 Spain Vegetarian Softgel Capsules Market by Material
7.5.2 Spain Vegetarian Softgel Capsules Market by Application
7.5.3 Spain Vegetarian Softgel Capsules Market by Distribution Channel
7.6 Italy Vegetarian Softgel Capsules Market
7.6.1 Italy Vegetarian Softgel Capsules Market by Material
7.6.2 Italy Vegetarian Softgel Capsules Market by Application
7.6.3 Italy Vegetarian Softgel Capsules Market by Distribution Channel
7.7 Rest of Europe Vegetarian Softgel Capsules Market
7.7.1 Rest of Europe Vegetarian Softgel Capsules Market by Material
7.7.2 Rest of Europe Vegetarian Softgel Capsules Market by Application
7.7.3 Rest of Europe 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 Europe Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 3 Europe Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 4 Europe Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 5 Europe Starch Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Europe Starch Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Europe Cellulose Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Europe Cellulose Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Europe Pullulan Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Pullulan Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 12 Europe Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 13 Europe Health Supplements Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Health Supplements Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Europe Pharmaceuticals Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Pharmaceuticals Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Cosmetics Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Cosmetics Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Europe Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 20 Europe Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 21 Europe Retail Stores & Pharmacy Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Europe Retail Stores & Pharmacy Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Europe Hospital Pharmacy Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Europe Hospital Pharmacy Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Europe Online Providers Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Europe Online Providers Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Europe Vegetarian Softgel Capsules Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Europe Vegetarian Softgel Capsules Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Germany Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 30 Germany Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 31 Germany Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 32 Germany Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 33 Germany Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 34 Germany Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 35 Germany Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 36 Germany Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 37 UK Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 38 UK Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 39 UK Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 40 UK Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 41 UK Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 42 UK Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 43 UK Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 44 UK Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 45 France Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 46 France Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 47 France Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 48 France Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 49 France Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 50 France Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 51 France Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 52 France Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 53 Russia Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 54 Russia Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 55 Russia Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 56 Russia Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 57 Russia Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 58 Russia Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 59 Russia Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 60 Russia Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 61 Spain Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 62 Spain Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 63 Spain Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 64 Spain Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 65 Spain Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 66 Spain Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 67 Spain Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 68 Spain Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 69 Italy Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 70 Italy Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 71 Italy Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 72 Italy Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 73 Italy Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 74 Italy Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 75 Italy Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 76 Italy Vegetarian Softgel Capsules Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 77 Rest of Europe Vegetarian Softgel Capsules Market, 2017 - 2020, USD Thousands
TABLE 78 Rest of Europe Vegetarian Softgel Capsules Market, 2021 - 2027, USD Thousands
TABLE 79 Rest of Europe Vegetarian Softgel Capsules Market by Material, 2017 - 2020, USD Thousands
TABLE 80 Rest of Europe Vegetarian Softgel Capsules Market by Material, 2021 - 2027, USD Thousands
TABLE 81 Rest of Europe Vegetarian Softgel Capsules Market by Application, 2017 - 2020, USD Thousands
TABLE 82 Rest of Europe Vegetarian Softgel Capsules Market by Application, 2021 - 2027, USD Thousands
TABLE 83 Rest of Europe Vegetarian Softgel Capsules Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 84 Rest of Europe 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.