Home / Pharmaceuticals / Vegan (Vegetarian) Softgel Capsules Market by Product (Carrageenan, Hydroxypropyl Methylcellulose, Pullulan, Starch, Others) by Application (Health Supplements, Pharmaceutical, Nutracosmetics, Others): Growth, Trends, Covid-19 Impact and Forecast 2015 - 2027

Vegan (Vegetarian) Softgel Capsules Market by Product (Carrageenan, Hydroxypropyl Methylcellulose, Pullulan, Starch, Others) by Application (Health Supplements, Pharmaceutical, Nutracosmetics, Others): Growth, Trends, Covid-19 Impact and Forecast 2015 - 2027

Published: Apr 2021 | Report Code: 60315-04-21

Market Insights:

The Vegan (Vegetarian) Softgel Capsules market is expected to generate the revenue of around USD 423.4 million in 2027 from USD 218.7 million in 2020. The Vegan (Vegetarian) Softgel Capsules market is poised to experience CAGR of over 3.8% duringthe forecast period.

Vegan (Vegetarian) Softgel Capsules Market

Vegan (Vegetarian) Softgel Capsules are oral dosage of medicines and nutritional supplements delivered in the form of capsules. They are made from starch, pullulan, and Hydroxypropyl Methylcellulose.  Vegan softgel capsules do not contain gluten or modified sugars. They are chemically stable and conceal the taste and odour of the ingredients inside.  

Key Market Drivers and Restraints

Key market driving factors of global Vegan (Vegetarian) Softgel Capsules industry has been identified along with its impact over the span of analysis period. Key factors mobilizing market positively as well as negatively have been discussed in detail in the report.

Vegan (Vegetarian) Softgel Capsules Market

Impact of COVID 19

COVID 19 has a significant impact on the global Vegan (Vegetarian) Softgel Capsules industry. It impacted the sales of Vegan (Vegetarian) Softgel Capsules during the initial period of the as the COVID 19 restriction affected the production and distribution of Vegan softgel capsules. The e-commerce platforms helped significantly in improving the sales when the production improved. The increased adoption of a plant-based diet by people during the lockdown positively helped the growth in the market. The vegan softgel capsules market is anticipated to grow significantly during the forecast period as the vegan population is increasing considerably every year.

Vegan (Vegetarian) Softgel Capsules Market

North America to Dominate the global Vegan (Vegetarian) Softgel Capsules market

North America accounted for nearly 38.4% share in the global vegan softgel capsules market in 2020. Along with North America, report also analyse other key five region including the key economies fuelling the groth of Vegan (Vegetarian) Softgel Capsules. Europe and Asia Pacific are also important regions for the global Vegan (Vegetarian) Softgel Capsules and likely hold significant market share as well.

Vegan (Vegetarian) Softgel Capsules Market

Global Vegan (Vegetarian) Softgel Capsules Market is led by increasing demand for health supplements among health-oriented individuals

Health Supplements, pharmaceuticals, and nutracosmetics are the major applications of vegan softgel capsules. The increasing awareness about fitness and health has led many individuals to adopt a healthy lifestyle, fitness programs, and healthy diets. Plant-based diets do not fulfill all the nutritional requirements of many individuals. Health or nutritional supplements provide the required nutrition. The people following plant-based diets prefer vegan softgel capsules.

Increasing vegan and vegetarian population drives demand for Vegan (Vegetarian) Softgel Capsules

Three percent of the global consumers identify themselves as vegan and it is increasing considerably with each year. The health issues related to meat and dairy products and the ethical views towards the cruelty against the animals in the food industry are leading more people to become vegan. There are more than 375 million vegetarians who avoid meat products, but use dairy products. They rely on nutritional supplements to attain the necessary nutrition. Pharmaceutical and nutraceutical companies are providing an alternative for gelatin-based drugs and health supplements for vegans and vegetarians.

Vegan (Vegetarian) Softgel Capsules Market

Frequently asked questions about global Vegan (Vegetarian) Softgel Capsules industry

  • What are the consequences of COVID 19 on global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report offers in-depth consequences of COVID 19 on global Vegan (Vegetarian) Softgel Capsules industry
  • Who are the top five players in the global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: This report enlists the top five players on the basis of volume as well as revenue
  • Which is the fastest growing application market for global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: This report provides details of fastest growing application market for Vegan (Vegetarian) Softgel Capsules industry
  • Which is the leading regional market for global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report highlights most dominating as well as fastest growing economies for Vegan (Vegetarian) Softgel Capsules industry
  • What will be the CAGR (2021 - 2027) of in global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The global Vegan (Vegetarian) Softgel Capsules market report provide CAGR from 2021 to 2027
  • What was the volume and revenue of in global Vegan (Vegetarian) Softgel Capsules industry in 2015?
    Ans: This report provides detailed market size, share and growth for historical period from 2015 to 2020
  • Which are the growing technological trends in in global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report helps to identify the key technological trends Vegan (Vegetarian) Softgel Capsules industry across the world
  • Which are the major driving forces behind growth of global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report covers all major factors fueling the growth of this industry
  • What are the key growth pockets within global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report also reveals key growth pockets within global Vegan (Vegetarian) Softgel Capsules industry
  • What are the attractive investment prepositions in the global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: Global Vegan (Vegetarian) Softgel Capsules market report provides key investment prepositions based on types, applications and regions
  • What are the key challenges faced by the industry participants in global Vegan (Vegetarian) Softgel Capsules market?
    Ans: This report answers major challenges being faced by the global Vegan (Vegetarian) Softgel Capsules players
  • What is the competitive scenario in global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report describes in detailed about current competitive scenario of Vegan (Vegetarian) Softgel Capsules industry
  • Which are the major production geographies?
    Ans: The report covers the major production geographies for Vegan (Vegetarian) Softgel Capsules
  • Who are the major regulatory bodies in global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: The report provides insights related to major regulatory bodies in global Vegan (Vegetarian) Softgel Capsules industry
  • Which are the major companies governing the global Vegan (Vegetarian) Softgel Capsules industry?
    Ans: This report enlists the top five players on the basis of volume as well as revenue

Table of Content

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Vegan (Vegetarian) Softgel Capsules Market

3.Market Dynamics

3.1.Introduction
3.1.1. Global Vegan (Vegetarian) Softgel Capsules Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Product
3.3.2.Application
3.3.3.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Vegan (Vegetarian) Softgel Capsules Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Carrageenan
6.2.3.Hydroxypropyl Methylcellulose
6.2.4.Pullulan
6.2.5.Starch
6.2.6.Others
6.3.North America Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Health Supplements
6.3.3.Pharmaceutical
6.3.4.Nutracosmetics
6.3.5.Others

7.Europe

7.1.Europe Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Carrageenan
7.2.3.Hydroxypropyl Methylcellulose
7.2.4.Pullulan
7.2.5.Starch
7.2.6.Others
7.3.Europe Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Health Supplements
7.3.3.Pharmaceutical
7.3.4.Nutracosmetics
7.3.5.Others

8.Asia Pacific

8.1.Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Carrageenan
8.2.3.Hydroxypropyl Methylcellulose
8.2.4.Pullulan
8.2.5.Starch
8.2.6.Others
8.3.Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Health Supplements
8.3.3.Pharmaceutical
8.3.4.Nutracosmetics
8.3.5.Others

9.Latin America

9.1.Latin America Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Carrageenan
9.2.3.Hydroxypropyl Methylcellulose
9.2.4.Pullulan
9.2.5.Starch
9.2.6.Others
9.3.Latin America Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Health Supplements
9.3.3.Pharmaceutical
9.3.4.Nutracosmetics
9.3.5.Others

10.Middle East

10.1.Middle East Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Carrageenan
10.2.3.Hydroxypropyl Methylcellulose
10.2.4.Pullulan
10.2.5.Starch
10.2.6.Others
10.3.Middle East Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Health Supplements
10.3.3.Pharmaceutical
10.3.4.Nutracosmetics
10.3.5.Others

11.Africa

11.1.Africa Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Carrageenan
11.2.3.Hydroxypropyl Methylcellulose
11.2.4.Pullulan
11.2.5.Starch
11.2.6.Others
11.3.Africa Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Health Supplements
11.3.3.Pharmaceutical
11.3.4.Nutracosmetics
11.3.5.Others

12.Global

12.1.Global Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Carrageenan
12.1.3.Hydroxypropyl Methylcellulose
12.1.4.Pullulan
12.1.5.Starch
12.1.6.Others
12.2.Global Vegan (Vegetarian) Softgel Capsules Market, By Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Health Supplements
12.2.3.Pharmaceutical
12.2.4.Nutracosmetics
12.2.5.Others

13.Company Profiles

13.1.Aenova Group
13.2.Bahrain Pharma
13.3.Best Formulations Inc
13.4.Captek Softgel International Inc
13.5.Catalent Inc
13.6.EuroCaps Ltd
13.7.Hunan ER-Kang Pharmaceutical Co Ltd
13.8.Procaps Laboratories
13.9.Robinson Pharma Inc
13.10.Sirio Pharma Co Ltd
13.11.Others

FIG. 1 Global Vegan (Vegetarian) Softgel Capsules Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Vegan (Vegetarian) Softgel Capsules Market Segmentation
FIG. 4 Global Vegan (Vegetarian) Softgel Capsules Market, by Product, 2019 (US$ Bn)
FIG. 5 Global Vegan (Vegetarian) Softgel Capsules Market, by Application, 2019 (US$ Bn)
FIG. 6 Global Vegan (Vegetarian) Softgel Capsules Market, by Geography, 2019 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Vegan (Vegetarian) Softgel Capsules Market Manufacturers, 2019
FIG. 9 Global Vegan (Vegetarian) Softgel Capsules Market Value Contribution, By Product, 2019 & 2027 (Value %)
FIG. 10 Global Vegan (Vegetarian) Softgel Capsules Market, by Product 1, Value, 2015-2027 (US$ Bn)
FIG. 11 Global Vegan (Vegetarian) Softgel Capsules Market, by Product 2, Value, 2015-2027 (US$ Bn)
FIG. 12 Global Vegan (Vegetarian) Softgel Capsules Market, by Product 3, Value, 2015-2027 (US$ Bn)
FIG. 13 Global Vegan (Vegetarian) Softgel Capsules Market, by Product 4, Value, 2015-2027 (US$ Bn)
FIG. 14 Global Vegan (Vegetarian) Softgel Capsules Market, by Product 5, Value, 2015-2027 (US$ Bn)
FIG. 15 Global Vegan (Vegetarian) Softgel Capsules Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16 Global Vegan (Vegetarian) Softgel Capsules Market Value Contribution, By Application, 2019 & 2027 (Value %)
FIG. 17 Global Vegan (Vegetarian) Softgel Capsules Market, by Application 1, Value, 2015-2027 (US$ Bn)
FIG. 18 Global Vegan (Vegetarian) Softgel Capsules Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 19 Global Vegan (Vegetarian) Softgel Capsules Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 20 Global Vegan (Vegetarian) Softgel Capsules Market, by Application 4, Value, 2015-2027 (US$ Bn)
FIG. 21 Global Vegan (Vegetarian) Softgel Capsules Market, by Application 5, Value, 2015-2027 (US$ Bn)
FIG. 22 Global Vegan (Vegetarian) Softgel Capsules Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 23 U.S. Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 24Rest of North America Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn )
FIG. 25 U.K. Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 26 Germany Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 27 France Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 28 Rest of Europe Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 29 Japan Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 30 China Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 31 India Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 32 Rest of Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)
FIG. 33 Middle East & Africa Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn) 
FIG. 34 Latin America Vegan (Vegetarian) Softgel Capsules Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Vegan (Vegetarian) Softgel Capsules Market
TABLE 2Global Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 3Global Vegan (Vegetarian) Softgel Capsules Market, by Application, 2015-2027 (US$ Bn)
TABLE 4Global Vegan (Vegetarian) Softgel Capsules Market, by Technology, 2015-2027 (US$ Bn)
TABLE 5Global Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 6Global Vegan (Vegetarian) Softgel Capsules Market, by Geography, 2015-2027 (US$ Bn)
TABLE 7North America Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 8North America Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 9North America Vegan (Vegetarian) Softgel Capsules Market, by Country, 2015-2027 (US$ Bn)
TABLE 10Europe Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 11Europe Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 12Europe Vegan (Vegetarian) Softgel Capsules Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 14Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 15Asia Pacific Vegan (Vegetarian) Softgel Capsules Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 16Latin America Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 17Latin America Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 18Latin America Vegan (Vegetarian) Softgel Capsules Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 19Middle East Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 20Middle East Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 21Middle East Vegan (Vegetarian) Softgel Capsules Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 22Africa Vegan (Vegetarian) Softgel Capsules Market, by Product, 2015-2027 (US$ Bn)
TABLE 23Africa Vegan (Vegetarian) Softgel Capsules Market, by End-user, 2015-2027 (US$ Bn)
TABLE 24Africa Vegan (Vegetarian) Softgel Capsules Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 25Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

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