QYResearch: Global Vegetarian Softgel Capsules Sales Market Report 2018 Overview QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch • Vegetarian Softgel Capsules is a kind of Softgels, a solid outer shell and inner surrounding a liquid or semi-solid (inner fill) active ingredient that can be incorporated into the outer shell, the inner fill, or both. • Vegetarian Softgels possess the benefits of suited for Halal or Kosher certification; Pure, clear and elegant appearance with no taste or odor; Ideal for improving the bioavailability of oil soluble ingredients; Easy to swallow, safe, non-carcinogenic and tamper evident, etc.
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QYResearch • The Vegetarian softgel capsules industry concentration is high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. In the world wide, giant manufactures mainly distribute in American and Europe. In order to meet the strong increasing market demand. • The key consumption markets locate at developed countries. The United States takes the market share of 41.84%, followed by EU with 25.42% in 2016. China’s consumption market has a quicker growing speed of 51.88% from 2012 to 2016. • Currently, the main type of vegetarian softgel capsules including plant polysaccharides and starch. The main application is health supplements, pharmaceutical and others such as cosmetic use.
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QYResearch The sales of vegetarian softgel capsules increases from 11 billion capsules in 2012 to 14.7 billion capsules in 2016, at a CAGR of more than 7.5%. The sales revenue of vegetarian softgel capsules increases from 340 million USD in 2012 to 385 million USD in 2016, at a CAGR of more than 3.1%. In 2016, the world vegetarian softgel capsules production market is led by USA and Europe, while China accounts for 3.83% and Japan accounts for 4.48% in 2016.
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QYResearch The price of Vegetarian softgel capsules keeps increasing in past five years owing to the limited supplies and increasing demand. The price of plant polysaccharides is at about 26 USD/K Capsules, with starch of 27.3 USD/K Capsules,. In the next few years, we predict that price will keep to stably decreasing.
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