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| https://www.prnewswire.com/news-releases/softgel-capsules-market-worth-1-5-billion--marketsandmarkets-301943130.html |
| The softgel capsules industry is poised for substantial growth in the near future, driven by a confluence of factors. Advancements in pharmaceutical and nutraceutical formulations are fostering increased demand for these versatile drug delivery systems, offering precise dosage control, enhanced bioavailability, and improved patient compliance. Furthermore, the expanding consumer preference for convenient and easily digestible supplements is propelling the nutraceutical segment. With innovations in manufacturing technologies and a focus on sustainable and vegan-friendly options, the softgel capsules industry is set to thrive, catering to diverse sectors such as pharmaceuticals, dietary supplements, and cosmetics, ultimately reshaping the future of ingestible product delivery.
Softgel Capsules Market in terms of revenue was estimated to be worth $1.1 billion in 2023 and is poised to reach $1.5 billion by 2028, growing at a CAGR of 6.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by the benefits of softgel capsules, increasing demand for dietary supplements and nutraceuticals, and rising demand for naturally sourced ingredients. |
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