Global Softgel Encapsulation Machine Market Size is Projected to be Worth US$ 159.6 Mn by 2032 and is Expected to Grow at a CAGR of 4.3% Between 2022-32 | Analysis by Future Market Insights, Inc.
NEWARK, Del, Nov. 17, 2022 /PRNewswire/ -- The global softgel encapsulation machine market size is set to be valued at US$ 104.5 Mn in 2022 and is projected to grow at a CAGR of 4.3% from 2022 to 2032. The market is anticipated to reach a valuation of US$ 159.6 Mn by 2032.
- The softgel encapsulation machine market is expected to grow as a result of the urgent need for more automatic softgel encapsulation machines for large-scale softgel manufacturing.
- Increasing demand for health supplements in both emerging and mature economies is also fueling the softgel encapsulation machine market.
- China is anticipated to hold around 4.8% CAGR in the East Asia softgel encapsulation machine market from 2022 to 2032.
- Based on type, the oil-softgel encapsulation machine segment is projected to hold more than 84% of the global softgel encapsulation machine market share by 2032.