Softgels Dietary Supplements Market Displays Future Status of Leading Manufacturers during 2017-2022

Posted on 2019-03-28 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Fact.MR report on the global softgel dietary supplements market, focuses on various dynamics including key drivers and challenges, contributing to the overall market growth, which is anticipated to represent a robust CAGR, during the assessment period of 2027-2022. For the stakeholders in the global softgel dietary supplements market, from suppliers to manufacturers, Fact.MR’s value chain analysis, supply chain analysis, CAGR, and Y-o-Y growth analysis would prove beneficial. The report delivers key insights on the global and regional trends in the softgel dietary supplements market, considering changing dietary preferences, globally which is greatly impacting the market. Key opportunities that are likely to impact the marketing strategies of the leading players in the global softgel dietary supplements market have also been covered in the report—consisting of 14 chapters.

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Fact.MR’s comprehensive report on the global 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.

Manufacturing Benefits of Softgel Compared to Liquid Filled Hardgel Capsules to Boost Sales

Tablet formulations, have long dominated the pharmaceutical landscape limited innovations. The trend was reversed with softgel as a popular dosage form among patients. Increasing deviation from raw materials-tasting outer layers to a softer, gelatin-based shell surrounding is a key factor influencing the sales of softgel dietary supplements. Moreover, ease of swallowing and quicker action onset especially among children and older patients are some key factors pushing the demand for softgel dietary supplements. Moreover, in terms of formulations, lipid-based softgel dietary supplements capsule can provide significant benefits pertaining to nutrient bioavailability, further driving formulation options targeting specific patient groups including pediatrics and geriatrics. Moreover, cost advantages and formulation opportunities associated with manufacturing dietary supplements in the form of softgel, considering unit price along with total development costs will boost sales.

Plant-based Alternative a Growing Fad; Formulation Complexities Could Pose Tough Questions

Vegetarian or plant-based options has caught the attention of many consumers. 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. However, for softgel dietary supplements manufacturers and formulators, it bring along a set of hurdles. Weak vegetable derived shells, porous vegetarian gelatin, and blending limitations into an oil base could restrict the adoption of vegetarian softgel dietary supplements to a sizable extent.

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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. Fact.MR envisages that the increasingly growth of softgel dietary supplements will also be coupled with regulations tightening considering product efficacy and safety.

In a Fragmented Softgel dietary supplements market, Manufacturers Exploring New Sales Channels

Key macro factors including enhanced consumer awareness for preventive healthcare and self-directed consumer behavior have boosted the sales of softgel dietary supplements in the recent years. Since, consumers have been looking out for faster medical validation and subsequent medications, in the fragmented and highly competitive market, manufacturers too are looking to position their product on several sales channels to reach their target consumers. Moreover, a paradigm shift towards a stronger brand positioning than focusing on ingredients in softgel dietary supplements, has led to a change in the marketing strategies of manufacturers focused majorly towards premium positioning resulting in product portfolio expansion.

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 global 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.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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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