Global Vegetarian Softgel Capsules Market Size, Share & Industry Trends Analysis Report By Material (Starch, Cellulose, and Pullulan), By Application, By Distribution Channel, By Regional Outlook and Forecast, 2021 - 2027

Global Vegetarian Softgel Capsules Market Size, Share & Industry Trends Analysis Report By Material (Starch, Cellulose, and Pullulan), By Application, By Distribution Channel, By Regional Outlook and Forecast, 2021 - 2027

The Global Vegetarian Softgel Capsules Market size is expected to reach $689.1 million by 2027, rising at a market growth of 4.2% CAGR during the forecast period.

Sоftgеl refers to a single сарsulе, usually made of gelatin and includes liquid or oil-based ingredients. However, vegetarian sоftgеl сарsulеs аrе оbtаinеd frоm рlаnt-bаsеd natural sоurсе, and free оf аnimаl derivative, genetically modified organism (GMO). In addition, plant polysaccharides (pullulan), starches, and hydroxyl propyl methyl celluloses are the three types of vegetarian softgels. Moreover, these have many advantages including they are suitable for Halal or Kosher certification; they have a pure, clear, and elegant appearance with no taste or odor; they are ideal for increasing the bioavailability of oil-soluble ingredients, they are easy to swallow, safe, non-carcinogenic, and tamper-evident.

Vegetarian Softgel Capsules are capsules that contain the oral dosage of medicines and nutritional supplements. In addition, Gluten and modified sweeteners are not present in vegan softgel capsules. Moreover, these capsules are chemically stable and consumed by many people due to their many benefits.

Starch, pullulan, and cellulose (Hydroxypropyl Methylcellulose) are used to make these vegetarian softgel capsules. Consumers who are looking for an animal-free alternative to gelatin capsules are highly embracing vegetarian capsules. Moreover, the growing number of vegan people around the world would open new growth avenues for the industry over the upcoming years.

Also, some of the key trends of the vegetarian softgel capsules market are high availability of natural raw materials for the formulation of vegetarian softgel capsules, as well as an increase in demand for vegetarian softgel capsules due to its benefits and applications. Moreover, some of the growth catalysts for the market are a large pool of health-conscious customers, and a spike in pharmaceutical sector innovations for the manufacturing of softgel capsules. However, the high manufacturing cost of vegetarian softgel capsules, owing to their specialized raw materials and manufacturing procedures, is likely to restrain market expansion over the forecast period.

COVID-19 Impact

The COVID-19 pandemic has wreaked havoc on healthcare workflows all around the world. Various industries, including several sub-domains of health care, have been forced to temporarily close their doors because of the disease. The global vegetarian softgel capsules market witnessed a declined growth in 2020 as a result of the global economic slowdown, which was fueled by COVID-19. In addition, the COVID-19 disrupted the supply chain in a variety of end-user industries, including food and beverage, healthcare, and industrial.

For example, DuPont's revenue fell by 5.2 percent from 2019 to 2020, owing to a drop in net sales in the nutrition and bioscience division. In addition, Catalent's softgel and oral technologies division saw a 4.7 percent reduction in net sales from 2020 to 2021. Overall, COVID-19 had a negative influence on the vegetarian softgel capsule market due to the limited consumption of vegetarian-based capsules due to logistical chain delays and the easy availability of gelatin-based capsules.

Market Growth Factors

Plant-based capsules are becoming increasingly popular

Vegetarian sоftgel сарsules or non-animal softgel capsules are made from plant-based natural sources such as starch, water, cellulose, carrageenan, and other plasticizing agents and are devoid of animal derivatives. One of the key benefits of utilizing cellulose-based or vegetarian capsules is that they are not formed of an animal byproduct. They are excellent for people who choose not to consume animal-sourced goods because of this distinct characteristic. Vegetarian capsules are unquestionably superior in terms of stability, absorption, and bioavailability. Regarding solubility, both gelatin and vegetarian softgel capsules dissolve well at body temperature, although vegetarian capsules appear to dissolve better in water at room temperature than gelatin capsules.

Rising number of health-conscious and vegan consumers

Professional athletes and weightlifters are no longer the only ones who follow sports nutrition. Global events, marathons, gym-goers, and games have all put sports in the spotlight and increased interest in fitness and body image has prompted companies to reinvent themselves as providers of healthy lifestyle products. Consumers' growing interest in health awareness is expected to outnumber professional athletes. As a result, stores are dedicating more shelf space to sports nutrition. This allows sport supplement makers to market sports nutrition products in an oral dosage type viz. softgel capsules, to a large and diverse consumer base throughout the world.

Vegetarian softgel capsules are commonly used in health supplements, medications, and nutracosmetics. Many people have adopted a healthy lifestyle, fitness programs, and diets as a result of growing awareness of fitness and health. Recently, the vegan population has increased significantly and this number is steadily rising year after year.

Market Restraining Factors

High Cost and other demerits of these capsules

Vegetarian Softgel Capsules are more expensive than animal-based gelatin which would restrict many people to buy these products. In addition, the global pandemic had plummeted the economies of many countries. Hence, people in such countries find it difficult to make both ends meet which may discourage many industry players.

In addition, it is presumed by many people that vegetable-made shell is not as strong as the one made with animal gelatin. Moreover, the physical properties of various vegetarian capsules make it hard to contain the simplest oils. Also, the major benefit of standard softgels is not present in vegetarian form as software fill material is generally secured from oxygen exposure after encapsulation while vegetarian is porous.

Material Outlook

Based on Material, the market is segmented into Starch, Cellulose, and Pullulan. In 2020, the Starch segment collected the maximum revenue share of the vegetarian softgel capsules market. This is due to the increased adoption of starch softgel capsule for various nutritional as well as pharmaceutical purposes and the high availability of starch softgel capsule in the market by various key players. In addition, these capsules are obtained from natural sources and utilized as nutritional supplements for patients suffering from different types of medical ailments.

Application Outlook

Based on Application, the market is segmented into Health Supplements, Pharmaceuticals, and Cosmetics. The pharmaceutical segment held a significant revenue share of the vegetarian softgel capsules market. This is due to the fact that pharmaceutical companies, such as Thermo Fisher Scientific and a few others, have been making these capsules in large quantities in recent years. While such capsules were primarily targeted at the nutraceutical industry, they have since become a popular choice among pharmaceutical formulators.

Distribution Channel Outlook

Based on Distribution Channel, the market is segmented into Retail Stores & Pharmacy, Hospital Pharmacy, and Online Providers. The Hospital Pharmacy segment acquired a significant revenue share of the vegetarian softgel capsules market. This is because of the availability of almost every medicine prescribed by the doctors and the high faith of people in these doctors and specialists. Moreover, the significant growth of this segment is due to the increasing number of hospitals in both developed and developing countries.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, the North American region emerged as the dominating region in the overall vegetarian softgel capsules market. This is due to the well-established healthcare infrastructure, growing awareness among the regional population about health and wellness, and rising disposable incomes. In addition, rising spending on personalized medicine and the use of high-tech processing would help the regional industry to grow further.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aenova Group GmbH (BC Partners), Catalent, Inc., Best Formulations, Inc., Lyfe Group (Caps Canada), Robinson Pharma, Inc., Sirio Pharma Co., Ltd., Procaps Group, EuroCaps Ltd., and DuPont de Nemours, Inc.

Strategies deployed in Vegetarian Softgel Capsules Market

Sep-2021: Aenova unveiled a chewable variant of VegaGels, developed from vegetables. The new softgel capsules are made with omega-3 DHA fatty acids from microalgae and are based on the vegan Aenova VegaGels.

Mar-2021: CapsCanada, a subsidiary of a Lyfe Group, introduced the latest liquid-filled hard capsule manufacturing service. With the help of this technology, liquids, suspensions, pastes, semi-solids, and waxy substances can all be filled into gelatin or HPMC vegetarian two-piece capsules. This North American manufacturing service, which is based on CapsCanada's LFHC technology, provides pharmaceutical businesses with a variety of specific benefits in terms of product development, speed to market, and cost savings.

Feb-2021: Catalent rolled out its CosmoPod Duo soft gel capsule technology for topical skin treatment delivery and other applications. The capsule is made from a type of natural carrageenan that is produced sustainably from seaweed. In addition, the CosmoPod Duo capsule is hermetically sealed to assist in the protection of compositions from light and oxidation while also enhancing stability, in comparison to typical beauty treatments.

Nov-2020: Aenova Group introduced a new version of vegetarian soft capsules. The new VegaGels are made of vegetables and represent a significant advancement over their previous technology, as they are resistant to heat and temperature and extremely stable. During long-term storage, this dramatically lowers stickiness and crosslinking processes. Moreover, the new VegaGels are distinguished by their flexible and soft feel, as well as their availability in a wide range of sizes and shapes, including oval, oblong, and twist-off, as well as a variety of colors.

Nov-2020: Sirio Europe, part of the Sirio group, expanded its geographical reach by transforming its Brandenburg, Germany site with advanced manufacturing and green technologies. Following this, new HVAC systems, individual drying chambers, vegetarian softgel manufacturing equipment, and block heat and power plant have all been installed. The HVAC systems boost the manufacturing capacity of the business while also lowering the risk of product contamination.

Jun-2020: Catalent expanded its geographical reach by completing the establishment of its consumer health manufacturing units in Strathroy, Canada, and Sorocaba, Brazil. Moreover, new softgel encapsulation lines devoted to Catalent's unique Vegicaps plant-based capsule and CosmoPod twist-off capsule technologies would be installed at each facility as part of the expansion initiatives. With the increased capacity, Catalent would be able to assist its customers in North and Latin America in developing products for consumers seeking all-natural and plant-based vitamins, minerals, and supplements via its Vegicaps capsule, as well as those seeking innovative, easy-to-use unit-dose beauty care products via its CosmoPod technology.

Scope of the Study

Market Segments covered in the Report:

By Material

  • Starch
  • Cellulose
  • Pullulan
By Application
  • Health Supplements
  • Pharmaceuticals
  • Cosmetics
By Distribution Channel
  • Retail Stores & Pharmacy
  • Hospital Pharmacy
  • Online Providers
By Geography
  • North America
US

Canada

Mexico

Rest of North America
  • Europe
Germany

UK

France

Russia

Spain

Italy

Rest of Europe
  • Asia Pacific
China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific
  • LAMEA
Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled
  • Aenova Group GmbH (BC Partners)
  • Catalent, Inc.
  • Best Formulations, Inc.
  • Captek Softgel International, Inc.
  • Lyfe Group (Caps Canada)
  • Robinson Pharma, Inc.
  • Sirio Pharma Co., Ltd.
  • Procaps Group
  • EuroCaps Ltd.
  • DuPont de Nemours, Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Vegetarian Softgel Capsules Market, by Material
1.4.2 Global Vegetarian Softgel Capsules Market, by Application
1.4.3 Global Vegetarian Softgel Capsules Market, by Distribution Channel
1.4.4 Global Vegetarian Softgel Capsules Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Vegetarian Softgel Capsules Market
Chapter 4. Global Vegetarian Softgel Capsules Market by Material
4.1 Global Starch Market by Region
4.2 Global Cellulose Market by Region
4.3 Global Pullulan Market by Region
Chapter 5. Global Vegetarian Softgel Capsules Market by Application
5.1 Global Health Supplements Market by Region
5.2 Global Pharmaceuticals Market by Region
5.3 Global Cosmetics Market by Region
Chapter 6. Global Vegetarian Softgel Capsules Market by Distribution Channel
6.1 Global Retail Stores & Pharmacy Market by Region
6.2 Global Hospital Pharmacy Market by Region
6.3 Global Online Providers Market by Region
Chapter 7. Global Vegetarian Softgel Capsules Market by Region
7.1 North America Vegetarian Softgel Capsules Market
7.1.1 North America Vegetarian Softgel Capsules Market by Material
7.1.1.1 North America Starch Market by Country
7.1.1.2 North America Cellulose Market by Country
7.1.1.3 North America Pullulan Market by Country
7.1.2 North America Vegetarian Softgel Capsules Market by Application
7.1.2.1 North America Health Supplements Market by Country
7.1.2.2 North America Pharmaceuticals Market by Country
7.1.2.3 North America Cosmetics Market by Country
7.1.3 North America Vegetarian Softgel Capsules Market by Distribution Channel
7.1.3.1 North America Retail Stores & Pharmacy Market by Country
7.1.3.2 North America Hospital Pharmacy Market by Country
7.1.3.3 North America Online Providers Market by Country
7.1.4 North America Vegetarian Softgel Capsules Market by Country
7.1.4.1 US Vegetarian Softgel Capsules Market
7.1.4.1.1 US Vegetarian Softgel Capsules Market by Material
7.1.4.1.2 US Vegetarian Softgel Capsules Market by Application
7.1.4.1.3 US Vegetarian Softgel Capsules Market by Distribution Channel
7.1.4.2 Canada Vegetarian Softgel Capsules Market
7.1.4.2.1 Canada Vegetarian Softgel Capsules Market by Material
7.1.4.2.2 Canada Vegetarian Softgel Capsules Market by Application
7.1.4.2.3 Canada Vegetarian Softgel Capsules Market by Distribution Channel
7.1.4.3 Mexico Vegetarian Softgel Capsules Market
7.1.4.3.1 Mexico Vegetarian Softgel Capsules Market by Material
7.1.4.3.2 Mexico Vegetarian Softgel Capsules Market by Application
7.1.4.3.3 Mexico Vegetarian Softgel Capsules Market by Distribution Channel
7.1.4.4 Rest of North America Vegetarian Softgel Capsules Market
7.1.4.4.1 Rest of North America Vegetarian Softgel Capsules Market by Material
7.1.4.4.2 Rest of North America Vegetarian Softgel Capsules Market by Application
7.1.4.4.3 Rest of North America Vegetarian Softgel Capsules Market by Distribution Channel
7.2 Europe Vegetarian Softgel Capsules Market
7.2.1 Europe Vegetarian Softgel Capsules Market by Material
7.2.1.1 Europe Starch Market by Country
7.2.1.2 Europe Cellulose Market by Country
7.2.1.3 Europe Pullulan Market by Country
7.2.2 Europe Vegetarian Softgel Capsules Market by Application
7.2.2.1 Europe Health Supplements Market by Country
7.2.2.2 Europe Pharmaceuticals Market by Country
7.2.2.3 Europe Cosmetics Market by Country
7.2.3 Europe Vegetarian Softgel Capsules Market by Distribution Channel
7.2.3.1 Europe Retail Stores & Pharmacy Market by Country
7.2.3.2 Europe Hospital Pharmacy Market by Country
7.2.3.3 Europe Online Providers Market by Country
7.2.4 Europe Vegetarian Softgel Capsules Market by Country
7.2.4.1 Germany Vegetarian Softgel Capsules Market
7.2.4.1.1 Germany Vegetarian Softgel Capsules Market by Material
7.2.4.1.2 Germany Vegetarian Softgel Capsules Market by Application
7.2.4.1.3 Germany Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.2 UK Vegetarian Softgel Capsules Market
7.2.4.2.1 UK Vegetarian Softgel Capsules Market by Material
7.2.4.2.2 UK Vegetarian Softgel Capsules Market by Application
7.2.4.2.3 UK Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.3 France Vegetarian Softgel Capsules Market
7.2.4.3.1 France Vegetarian Softgel Capsules Market by Material
7.2.4.3.2 France Vegetarian Softgel Capsules Market by Application
7.2.4.3.3 France Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.4 Russia Vegetarian Softgel Capsules Market
7.2.4.4.1 Russia Vegetarian Softgel Capsules Market by Material
7.2.4.4.2 Russia Vegetarian Softgel Capsules Market by Application
7.2.4.4.3 Russia Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.5 Spain Vegetarian Softgel Capsules Market
7.2.4.5.1 Spain Vegetarian Softgel Capsules Market by Material
7.2.4.5.2 Spain Vegetarian Softgel Capsules Market by Application
7.2.4.5.3 Spain Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.6 Italy Vegetarian Softgel Capsules Market
7.2.4.6.1 Italy Vegetarian Softgel Capsules Market by Material
7.2.4.6.2 Italy Vegetarian Softgel Capsules Market by Application
7.2.4.6.3 Italy Vegetarian Softgel Capsules Market by Distribution Channel
7.2.4.7 Rest of Europe Vegetarian Softgel Capsules Market
7.2.4.7.1 Rest of Europe Vegetarian Softgel Capsules Market by Material
7.2.4.7.2 Rest of Europe Vegetarian Softgel Capsules Market by Application
7.2.4.7.3 Rest of Europe Vegetarian Softgel Capsules Market by Distribution Channel
7.3 Asia Pacific Vegetarian Softgel Capsules Market
7.3.1 Asia Pacific Vegetarian Softgel Capsules Market by Material
7.3.1.1 Asia Pacific Starch Market by Country
7.3.1.2 Asia Pacific Cellulose Market by Country
7.3.1.3 Asia Pacific Pullulan Market by Country
7.3.2 Asia Pacific Vegetarian Softgel Capsules Market by Application
7.3.2.1 Asia Pacific Health Supplements Market by Country
7.3.2.2 Asia Pacific Pharmaceuticals Market by Country
7.3.2.3 Asia Pacific Cosmetics Market by Country
7.3.3 Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel
7.3.3.1 Asia Pacific Retail Stores & Pharmacy Market by Country
7.3.3.2 Asia Pacific Hospital Pharmacy Market by Country
7.3.3.3 Asia Pacific Online Providers Market by Country
7.3.4 Asia Pacific Vegetarian Softgel Capsules Market by Country
7.3.4.1 China Vegetarian Softgel Capsules Market
7.3.4.1.1 China Vegetarian Softgel Capsules Market by Material
7.3.4.1.2 China Vegetarian Softgel Capsules Market by Application
7.3.4.1.3 China Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.2 Japan Vegetarian Softgel Capsules Market
7.3.4.2.1 Japan Vegetarian Softgel Capsules Market by Material
7.3.4.2.2 Japan Vegetarian Softgel Capsules Market by Application
7.3.4.2.3 Japan Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.3 India Vegetarian Softgel Capsules Market
7.3.4.3.1 India Vegetarian Softgel Capsules Market by Material
7.3.4.3.2 India Vegetarian Softgel Capsules Market by Application
7.3.4.3.3 India Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.4 South Korea Vegetarian Softgel Capsules Market
7.3.4.4.1 South Korea Vegetarian Softgel Capsules Market by Material
7.3.4.4.2 South Korea Vegetarian Softgel Capsules Market by Application
7.3.4.4.3 South Korea Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.5 Singapore Vegetarian Softgel Capsules Market
7.3.4.5.1 Singapore Vegetarian Softgel Capsules Market by Material
7.3.4.5.2 Singapore Vegetarian Softgel Capsules Market by Application
7.3.4.5.3 Singapore Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.6 Malaysia Vegetarian Softgel Capsules Market
7.3.4.6.1 Malaysia Vegetarian Softgel Capsules Market by Material
7.3.4.6.2 Malaysia Vegetarian Softgel Capsules Market by Application
7.3.4.6.3 Malaysia Vegetarian Softgel Capsules Market by Distribution Channel
7.3.4.7 Rest of Asia Pacific Vegetarian Softgel Capsules Market
7.3.4.7.1 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Material
7.3.4.7.2 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Application
7.3.4.7.3 Rest of Asia Pacific Vegetarian Softgel Capsules Market by Distribution Channel
7.4 LAMEA Vegetarian Softgel Capsules Market
7.4.1 LAMEA Vegetarian Softgel Capsules Market by Material
7.4.1.1 LAMEA Starch Market by Country
7.4.1.2 LAMEA Cellulose Market by Country
7.4.1.3 LAMEA Pullulan Market by Country
7.4.2 LAMEA Vegetarian Softgel Capsules Market by Application
7.4.2.1 LAMEA Health Supplements Market by Country
7.4.2.2 LAMEA Pharmaceuticals Market by Country
7.4.2.3 LAMEA Cosmetics Market by Country
7.4.3 LAMEA Vegetarian Softgel Capsules Market by Distribution Channel
7.4.3.1 LAMEA Retail Stores & Pharmacy Market by Country
7.4.3.2 LAMEA Hospital Pharmacy Market by Country
7.4.3.3 LAMEA Online Providers Market by Country
7.4.4 LAMEA Vegetarian Softgel Capsules Market by Country
7.4.4.1 Brazil Vegetarian Softgel Capsules Market
7.4.4.1.1 Brazil Vegetarian Softgel Capsules Market by Material
7.4.4.1.2 Brazil Vegetarian Softgel Capsules Market by Application
7.4.4.1.3 Brazil Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.2 Argentina Vegetarian Softgel Capsules Market
7.4.4.2.1 Argentina Vegetarian Softgel Capsules Market by Material
7.4.4.2.2 Argentina Vegetarian Softgel Capsules Market by Application
7.4.4.2.3 Argentina Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.3 UAE Vegetarian Softgel Capsules Market
7.4.4.3.1 UAE Vegetarian Softgel Capsules Market by Material
7.4.4.3.2 UAE Vegetarian Softgel Capsules Market by Application
7.4.4.3.3 UAE Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.4 Saudi Arabia Vegetarian Softgel Capsules Market
7.4.4.4.1 Saudi Arabia Vegetarian Softgel Capsules Market by Material
7.4.4.4.2 Saudi Arabia Vegetarian Softgel Capsules Market by Application
7.4.4.4.3 Saudi Arabia Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.5 South Africa Vegetarian Softgel Capsules Market
7.4.4.5.1 South Africa Vegetarian Softgel Capsules Market by Material
7.4.4.5.2 South Africa Vegetarian Softgel Capsules Market by Application
7.4.4.5.3 South Africa Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.6 Nigeria Vegetarian Softgel Capsules Market
7.4.4.6.1 Nigeria Vegetarian Softgel Capsules Market by Material
7.4.4.6.2 Nigeria Vegetarian Softgel Capsules Market by Application
7.4.4.6.3 Nigeria Vegetarian Softgel Capsules Market by Distribution Channel
7.4.4.7 Rest of LAMEA Vegetarian Softgel Capsules Market
7.4.4.7.1 Rest of LAMEA Vegetarian Softgel Capsules Market by Material
7.4.4.7.2 Rest of LAMEA Vegetarian Softgel Capsules Market by Application
7.4.4.7.3 Rest of LAMEA Vegetarian Softgel Capsules Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Aenova Group GmbH (BC Partners)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 Catalent, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Geographical Expansions:
8.3 Best Formulations, Inc.
8.3.1 Company Overview
8.4 Captek Softgel International, Inc.
8.4.1 Company Overview
8.5 Lyfe Group (Caps Canada)
8.5.1 Company Overview
8.5.2 Recent Strategies and developments:
8.5.2.1 Geographical Expansions:
8.6 Robinson Pharma, Inc.
8.6.1 Company Overview
8.7 Sirio Pharma Co., Ltd.
8.7.1 Company Overview
8.7.2 Recent Strategies and developments:
8.7.2.1 Geographical Expansions:
8.8 Procaps Group
8.8.1 Company Overview
8.9 EuroCaps Ltd. (DCC Plc)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.10. DuPont de Nemours, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense

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