Mexico Softgel Capsules Market Size & Outlook, 2022-2030
Mexico softgel capsules market, 2018-2030 (US$M)
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Mexico softgel capsules market highlights
- The Mexico softgel capsules market generated a revenue of USD 372.0 million in 2022 and is expected to reach USD 634.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
- In terms of segment, gelatin-based/animal-based was the largest revenue generating type in 2022.
- Non-Animal-Based is the most lucrative type segment registering the fastest growth during the forecast period.
Softgel capsules market data book summary
| Market revenue in 2022 | USD 372.0 million |
| Market revenue in 2030 | USD 634.9 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Gelatin-based/animal-based |
| Fastest growing segment | Non-Animal-Based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gelatin-Based/Animal-Based, Non-Animal-Based |
| Key market players worldwide | Thermo Fisher Scientific Inc, EyePoint Pharmaceuticals Inc, Catalent Inc, Kuehne + Nagel International AG, Lonza Group Ltd, Procaps Group SA, Soft Gel Technologies, EuroCaps, Captek Softgel International, Sirio Pharma, Fuji Capsule |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.8% of the global softgel capsules market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico softgel capsules market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 634.9 million by 2030.
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Softgel Capsules Market Scope
Softgel Capsules Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico softgel capsules market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to softgel capsules market will help companies and investors design strategic landscapes.
Gelatin-based/animal-based was the largest segment with a revenue share of 72.18% in 2022. Horizon Databook has segmented the Mexico softgel capsules market based on gelatin-based/animal-based, non-animal-based covering the revenue growth of each sub-segment from 2018 to 2030.
The softgel capsules market in Mexico is anticipated to grow at a CAGR of 8.82% during the forecast period owing to considerable growth opportunities due to patient pool, increase in disposable incomes, and technological advancements.
In addition, increase in medical tourism and healthcare infrastructure is likely to propel market growth. Furthermore, increasing investments by manufacturers in Mexico due to lower operation costs as compared to other developed regions is also anticipated to drive the market.
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Our clientele includes a mix of softgel capsules market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico softgel capsules market , including forecasts for subscribers. This country databook contains high-level insights into Mexico softgel capsules market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico softgel capsules market size, by type, 2018-2030 (US$M)
Mexico Softgel Capsules Market Outlook Share, 2022 & 2030 (US$M)
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