Global Drying Systems for Softgels Market Growth 2023-2029

Global Drying Systems for Softgels Market Growth 2023-2029

The Drying Systems for Softgels market covers Tumbler Dryer & Drying Tunnels, In-Line Drying, etc. The typical players include Technophar (Mitsubishi Chemical Holdings Corporation), Changsung Softgel System, Long March Tianmin, SKY Softgel & Pack Co., Ltd., Pharmagel Technology, etc.
LPI (LP Information)' newest research report, the “Drying Systems for Softgels Industry Forecast” looks at past sales and reviews total world Drying Systems for Softgels sales in 2022, providing a comprehensive analysis by region and market sector of projected Drying Systems for Softgels sales for 2023 through 2029. With Drying Systems for Softgels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drying Systems for Softgels industry.
This Insight Report provides a comprehensive analysis of the global Drying Systems for Softgels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drying Systems for Softgels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Drying Systems for Softgels market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drying Systems for Softgels and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drying Systems for Softgels.
The global Drying Systems for Softgels market size is projected to grow from US$ 51 million in 2022 to US$ 100.2 million in 2029; it is expected to grow at a CAGR of 100.2 from 2023 to 2029.
Geographically, APAC is the fastest-growing region, especially China, which plays a more important role in the world. APAC market took up about 65.25% of the global market in 2019, while Americas and Europe were about 12.75%, 19.43%.
By types, Drying Systems for Softgels main includes Tumbler Dryer & Drying Tunnels and In-Line Drying devices. Tumbler Dryer & Drying Tunnels is the most expensive type which took up about 75.79 % of the total cost in 2019.
By applications, Drying Systems for Softgels are mainly used in Pharmaceutical, Health Supplements and others. And Health Supplements was the most widely used area which took up about 63.96% of the total in 2019.
Due to the Covid-19, the global market size suffer a decline in the growth rate, especially in the late March and April, the situation now is improving, the market will be better and return to the normal status in the next year.
This report presents a comprehensive overview, market shares, and growth opportunities of Drying Systems for Softgels market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Tumbler Dryer & Drying Tunnels
In-Line Drying
Segmentation by application
Pharmaceutical
Health Supplements
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Technophar (Mitsubishi Chemical Holdings Corporation)
Changsung Softgel System
Long March Tianmin
SKY Softgel & Pack Co., Ltd.
Pharmagel Technology
GIC Engineering
Bochang Co. Ltd
Sankyo
Joysun Pharma Equipment Co., Ltd
Kamata Co., LTD

Key Questions Addressed in this Report
What is the 10-year outlook for the global Drying Systems for Softgels market?
What factors are driving Drying Systems for Softgels market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drying Systems for Softgels market opportunities vary by end market size?
How does Drying Systems for Softgels break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.