Global Softgel Drying Systems Market Growth 2024-2030

Global Softgel Drying Systems Market Growth 2024-2030

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.

The global Softgel Drying Systems market size is projected to grow from US$ 51 million in 2023 to US$ 100.2 million in 2030; it is expected to grow at a CAGR of 10.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Softgel Drying Systems Industry Forecast” looks at past sales and reviews total world Softgel Drying Systems sales in 2023, providing a comprehensive analysis by region and market sector of projected Softgel Drying Systems sales for 2024 through 2030. With Softgel Drying Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Softgel Drying Systems industry.

This Insight Report provides a comprehensive analysis of the global Softgel Drying Systems 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 Softgel Drying Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Softgel Drying Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Softgel Drying Systems 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 Softgel Drying Systems.

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 Softgel Drying Systems market by product type, application, key manufacturers and key regions and countries.

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 Softgel Drying Systems market?

What factors are driving Softgel Drying Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Softgel Drying Systems market opportunities vary by end market size?

How does Softgel Drying Systems break out type, application?

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