Softgel Dietary Supplement Market: Stringency of Regulations Could Be a Win Some-Lose Some Opportunity

Posted on 2019-03-25 by Mark Hub in Food & Beverage, Industrial // 0 Comments

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Growing demand for clean-delivery formats for encapsulation of dietary supplements formulations along with consumers opting for probiotics and botanical extracts is further fueling the non-GMO trend.

Fact.MR’s comprehensive report on the Softgel Dietary Supplements Market delivers key actionable insights on various dynamics including drivers, trends, and challenges that are anticipated to shape the market during the assessment period of 2017-2022. As per the research, the global softgel dietary supplements market will expand a robust CAGR, standing at a market valuation of US$ 39.5 Bn by 2022, majorly owing to aging population and changing dietary preferences.

Fact.MR opines that the growing consumption of softgel dietary supplements can also be attributed to the swallowing difficulties, reported in pediatrics and geriatrics. Moreover, healthy lifestyle trends and efforts to reduce and prevent chronic illnesses will give a boost to vitamins and minerals softgel dietary supplements in the coming years. Softgel dietary supplements consumed for general wellbeing will account for nearly one-fourth of the total market share, predicts Fact.MR.

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Fact.MR also foresees stringent government regulations as an important factor influencing the future growth prospects of the global softgel dietary supplements market. In a market like softgel dietary supplements, which is highly fragmented owing to the presence of many manufacturers positioning themselves as one-stop wellness centers, gaining and retaining consumer awareness is of utmost importance. Tightening regulations concerning manufacturing and labeling, will push manufacturers to put forth best practices. Fact.MR predicts that regulations will churn out competent softgel dietary supplements in the market, translating in greater consumer assurance and opportunities for new entrants to work with the regulatory bodies.

Innovations in Delivery-System Designs Could be marred by Regulation Challenges

Emerging research and development activities in the wake of changing food preferences has evolved the dietary supplements landscape—calling for advanced delivery systems, in the form of chews and gummies, even nasal sprays and inhalers. Stringent regulations restricting the definition of dietary supplements, in any delivery-system including softgel, are likely to inhibit the scope of delivery-system inventions. Moreover, to avoid treading into dicey regulation territory, manufacturers of dietary supplements in softgel delivery-systems are opting for clean labeling while adhering to supplement laws.

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Competitive Landscape – Global Softgel Dietary Supplements Market

Fact.MR’s comprehensive report on the global market for softgel dietary supplements, provides critical insights on the key players and their future market strategies that would define the further course of the market. Fact.MR envisages that mergers and acquisition will remain the most prominent strategy in the highly fragmented softgel dietary supplements market, to broaden the scope of their businesses. Fact.MR also foresees a shift in marketing strategies including packaging to labeling, to be in line with the changing consumer preferences—contributing to enhanced sales.

About the Report – Global Softgel Dietary Supplements Market

For the assessment period of 2017-2022, Fact.MR has studied the global softgel dietary supplements market which is anticipated to expand at a robust CAGR in terms of revenue sales owing to factors mentioned above. The report is covered in 14 elaborate chapters, with an extensive analysis of each segment in terms of cross-sectional data, country-wise analysis, and forecast.

Additional Questions – Global Softgel Dietary Supplements Market

Which segment will drive the market growth and why?
What are the key challenges and drivers affecting the sales of softgel dietary supplements?
In the coming years, how would manufacturers change the dietary supplements landscape, considering tightening of regulations?

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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