UK Softgel Capsules Market Size & Outlook, 2022-2030
UK softgel capsules market, 2018-2030 (US$M)
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UK softgel capsules market highlights
- The UK softgel capsules market generated a revenue of USD 255.3 million in 2022 and is expected to reach USD 441.0 million by 2030.
- The UK market is expected to grow at a CAGR of 7.1% 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 255.3 million |
| Market revenue in 2030 | USD 441.0 million |
| Growth rate | 7.1% (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, UK accounted for 3.3% 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 Europe, Germany softgel capsules market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 510.3 million by 2030.
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Softgel Capsules Market Scope
Softgel Capsules Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 73.05% in 2022. Horizon Databook has segmented the UK 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 UK has a universal healthcare system where majority of the population is covered under free healthcare services offered by national healthcare centers. Furthermore, free healthcare services offered by the government has resulted in high demand for softgel capsules in the country.
Presence of several key players coupled with favorable reimbursement policies is anticipated to boost market growth during the forecast period. Moreover, government efforts to increase investment and R&D for nutraceutical sector are also expected to drive the market.
For instance, in June 2021, the Council for Responsible Nutrition or CRN UK welcomed the proposal document that seeks to revamp the regulatory framework for nutraceuticals to boost R&D and investments in this marketplace.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK softgel capsules market , including forecasts for subscribers. This country databook contains high-level insights into UK softgel capsules market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK softgel capsules market size, by type, 2018-2030 (US$M)
UK Softgel Capsules Market Outlook Share, 2022 & 2030 (US$M)
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