#Softgel Capsules Market Report

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Softgel Capsule Market: Mergers, Acquisitions, and Strategic Alliances

The global softgel capsule market is experiencing significant growth, driven by technological advancements and evolving consumer preferences in the pharmaceutical and nutraceutical sectors. Valued at USD 1.21 billion in 2023, the market is projected to reach USD 2.07 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.17% over the forecast period 2024-2032.

Market Segmentation:

The softgel capsule market is segmented based on type, application, and end-use:

By Type:

Gelatin-Based/Animal-Based: Traditionally used due to their excellent film-forming properties and ease of digestion.

Non-Animal-Based: Gaining traction among vegetarian and vegan consumers, utilizing plant-based materials like carrageenan and starch.

By Application:

Antacid and Anti-Flatulent Preparations: Utilized for their rapid release and ease of swallowing.

Anti-Anemic Preparations: Preferred for encapsulating iron supplements to enhance bioavailability.

Anti-Inflammatory Drugs: Used to deliver NSAIDs effectively, reducing gastrointestinal side effects.

By End-Use:

Pharmaceutical Companies: Incorporating softgel capsules for precise dosing and improved patient compliance.

Nutraceutical Companies: Leveraging softgels for dietary supplements, including vitamins and omega-3 fatty acids.

Cosmeceutical Companies: Utilizing softgel technology for beauty supplements promoting skin health.

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Regional Analysis:

North America: Leading the market due to high consumer awareness and demand for dietary supplements.

Europe: Experiencing growth driven by an aging population and increased health consciousness.

Asia-Pacific: Anticipated to witness the fastest growth, attributed to rising disposable incomes and expanding pharmaceutical industries.

Softgel Capsule Manufacturers and Their Related Products

Fuji Capsule

Softgel capsules for dietary supplements, nutraceuticals, and pharmaceuticals

Sirio Pharma Co., Ltd.

Softgel capsules for vitamins, minerals, and herbal supplements

CAPTEK Softgel International Inc.

Softgel capsules for vitamins, minerals, and dietary supplements

Thermo Fisher Scientific Inc.

Softgel capsule manufacturing services

EyePoint Pharmaceuticals, Inc.

Ophthalmic softgel drug delivery systems

Catalent, Inc.

Softgel capsules for dietary supplements, vitamins, and minerals

EuroCaps

Softgel capsules for vitamins and minerals

Aenova Group

Customized formulations for softgel encapsulation

Lonza Capsules & Health Ingredients

Softgel capsules for nutritional supplements and pharmaceuticals

Vegan softgels (plant-based alternatives)

ProCaps Laboratories, LLC

Softgel capsules for vitamins, minerals, and dietary supplements

Soft Gel Technologies, Inc.

Softgel capsules for nutraceuticals and dietary supplements

Key Highlights:

Technological advancements, such as 3D capsule printing, are revolutionizing softgel manufacturing, allowing for customized and precisely dosed capsules.

The aging global population and increasing prevalence of chronic diseases are driving demand for easy-to-consume health solutions like softgel capsules.

Cost-efficient production innovations are making softgel capsules more accessible and popular among consumers.

Future Outlook:

The softgel capsule market is poised for continued expansion, driven by ongoing technological innovations and a growing consumer preference for natural and organic supplements. The development of plant-based softgel capsules caters to the increasing demand for vegetarian and vegan options. Additionally, the rise in self-care and preventive health measures is expected to further boost the market, as consumers seek convenient and effective delivery forms for their nutritional and medicinal needs.

Conclusion:

The global softgel capsule market is on a robust growth trajectory, with significant opportunities across various segments and regions. Manufacturers, healthcare providers, and investors are well-positioned to benefit from the evolving landscape of softgel capsule technology.

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Softgel Capsules Market: Innovation and Growth in Nutraceutical & Pharmaceutical Industries

Introduction

Softgel capsules are gaining significant traction in the pharmaceutical and nutraceutical industries due to their enhanced bioavailability, ease of swallowing, and ability to encapsulate both liquid and semi-solid formulations. As consumer preference shifts towards convenient and effective dosage forms, the demand for softgel capsules continues to rise. This blog explores key trends, market drivers, challenges, and future opportunities in the softgel capsules industry.

Market Overview

The global softgel capsules market is witnessing steady growth, driven by increasing consumer demand for dietary supplements, advancements in encapsulation technology, and expanding applications in pharmaceuticals. According to industry reports, the market is expected to grow from USD 7 billion in 2022 to USD 12 billion by 2030, at a CAGR of approximately 6.5%.

Key Market Drivers

Rising Demand for Nutraceuticals: Consumers are increasingly adopting dietary supplements, including vitamins, minerals, and herbal extracts, boosting market growth.

Enhanced Bioavailability & Drug Delivery: Softgel capsules improve the absorption of poorly soluble drugs, making them a preferred option for pharmaceutical formulations.

Technological Advancements in Encapsulation: Innovations in gelatin and non-gelatin capsule production are expanding product offerings.

Growing Geriatric and Pediatric Populations: The elderly and children prefer softgel capsules due to their ease of swallowing and digestibility.

Market Segmentation

By Type:

Gelatin-Based Softgel Capsules

Vegetarian/Non-Gelatin Softgel Capsules

By Application:

Pharmaceuticals

Nutraceuticals & Dietary Supplements

Cosmetics & Personal Care

By End-User:

Hospitals & Clinics

Retail Pharmacies

Online Pharmacies

By Region:

North America (U.S., Canada)

Europe (Germany, France, U.K.)

Asia-Pacific (China, Japan, India)

Latin America

Middle East & Africa

Challenges and Constraints

Despite the market’s promising growth, some challenges persist:

High Production Costs: Advanced encapsulation technologies and high-quality raw materials increase production expenses.

Regulatory Challenges: Compliance with stringent pharmaceutical and nutraceutical regulations varies across regions.

Stability Issues with Certain Formulations: Some active ingredients may degrade over time in softgel form, requiring advanced stabilization techniques.

Future Outlook

With continuous innovations in formulation, increasing health-conscious consumers, and advancements in plant-based softgel technology, the market is expected to expand significantly. The shift towards vegetarian and vegan-friendly capsules will further drive market growth.

Conclusion

Softgel capsules have become an essential dosage form in the pharmaceutical and nutraceutical industries, offering enhanced efficacy and consumer convenience. As technology and consumer preferences evolve, companies investing in innovative softgel formulations will gain a competitive edge in the growing market.

For more insights on the softgel capsules market and emerging trends in drug delivery systems, visit Mark Spark Solutions. Stay ahead in healthcare innovation with Mark Spark Solutions.

[industrynewsupdates]

Future of Probiotics Dietary Supplements Market: Insights from Industry Experts

The global probiotics dietary supplements market size is expected to reach USD 51.84 billion by 2030, registering a CAGR of 14.1% over the forecast periods, according to a new report by Grand View Research, Inc. Probiotic dietary supplements have become increasingly popular in recent years, driven by a number of factors. The growing awareness of the importance of gut health and its impact on overall health and well-being. Many consumers are turning to probiotics as a way to support their digestive health, boost their immune system, and improve their mood.

In addition, the incidence of digestive disorders is on the rise, leading to increasing demand for probiotic products. Probiotics combat harmful bacteria in the gut and are effective in treating conditions such as intestinal inflammation, antibiotic-associated diarrhea, and urogenital infections. With the growing awareness of preventative healthcare, the global probiotic market is expected to expand. Probiotics promote gut health and boost immunity, and yogurt is a commonly consumed source of these beneficial microorganisms.

Probiotic dietary supplements have gained popularity due to their convenience and the variety of appealing flavors such as apple, orange, and raspberry. These supplements contain lactic acid bacteria, particularly Streptococcus thermophilus and Lactobacillus, which regulate the digestive system and enhance immune responses. Lactobacillus is also effective in treating various conditions such as diarrhea, high cholesterol, skin disorders, irritable bowel syndrome, and lung infections.

Gather more insights about the market drivers, restrains and growth of the Probiotics Dietary Supplements Market

Probiotics Dietary Supplements Market Report Highlights

• The tablets & softgels form led the market in terms of revenue, with a share of over 40% in 2022. Tablets offer convenience, making them an ideal option for individuals with busy lifestyles. In addition, the robust presence of gelatin production units, along with the increasing demand for nutraceutical products, is expected to provide new opportunities for manufacturers of softgel probiotic dietary supplements globally

• Infants is expected to be the fastest-growing among the end-use segments, owing to the growing demand for personalized products that cater to the unique metabolic and intestinal requirements of infants. The infants segment is projected to expand at a CAGR of over 18% during the forecast period

• Probiotics are also beneficial for improving sleep quality by reducing inflammation and oxidative stress in the body, as well as by increasing the production of melatonin, a hormone that regulates sleep. In addition, supplements for sexual wellness are also available, which contain probiotics to support healthy vaginal or urinary tract flora

Probiotics Dietary Supplements Market Segmentation

Grand View Research has segmented the global probiotics dietary supplements market based on form, end-use, application and region:

Probiotics Dietary Supplements Form Outlook (Revenue, USD Million, 2017 - 2030)

• Chewables & Gummies

• Capsules

• Powders

• Tablets & Softgels

• Others

Probiotics Dietary Supplements End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Infants

• Children

• Adults

• Geriatric

Probiotics Dietary Supplements Applications Outlook (Revenue, USD Million, 2017 - 2030)

• Sports Fitness

• Energy & Weight Management

• General Health

• Bone & Joint Health

• Gastrointestinal Health

• Immunity

• Cardiac Health

• Diabetes

• Anti-cancer

• Skin/Hair/Nails

• Brain/Mental Health

• Others

Probiotics Dietary Supplements Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Spain

o Italy

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Central & South America

o Brazil

o Argentina

o Colombia

• Middle East & Africa

o South Africa

o UAE

o Saudi Arabia

Order a free sample PDF of the Probiotics Dietary Supplements Market Intelligence Study, published by Grand View Research.

[healthcaremarketanalysis]

Pharmaceutical Gelatin Market worth $1.5 billion by 2027

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Browse in-depth TOC on “Pharmaceutical Gelatin Market” 185 — Tables 32 — Figures 196 — Pages

Hard capsules segment held a major share in pharmaceutical gelatin market in 2021.

Based on applications, the pharmaceutical gelatin market is segmented into hard capsules, softgel capsules, tablets, absorbable hemostats, and other applications. Hard capsules accounted for the largest share in the pharmaceutical gelatin market in 2021. The large share of this segment is attributed to the rise in demand for hard capsules across the globe owing to the advantages of hard gelatin capsules such as rapid drug release, uniform mixing of drugs, and others.

The porcine source segment held a dominant share in global pharmaceutical gelatin market in 2021.

Based on source, the pharmaceutical gelatin market is segmented into porcine, bovine skin, bovine bone, marine and poultry. The porcine segment held a dominant share in 2021 and is anticipated to grow at a significant CAGR during the forecast period. The large share of the porcine segment is mainly due to the high utilization of pig gelatin in the pharma market due to the low cost of production and short manufacturing cycle.

In 2021 Stabilizing agent segment dominated pharmaceutical gelatin market.

Based on function, the pharmaceutical gelatin market is segmented into stabilizing agent, thickening agent and gelling agent. The thickening agent is projected to witness the highest growth during the forecast period. Various elements such as use of gelatin as thickening agent in syrups, liquid dosages, creams and lotions is expected to project the segmental growth during the forecast period.

Type B segment gained major share in pharmaceutical gelatin market in 2021.

By Type, pharmaceutical gelatin is segmented into type A & type B. The type B segment is projected to grow at a higher CAGR during the forecast period. The growth of the biopharmaceutical sector, increasing preference for bovine bone for manufacturing pharmaceutical gelatin, and the cultural suitability of bovine sources are some of the factors driving the growth of the type B segment in the pharmaceutical gelatin industry.

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Asia Pacific region is likely to grow at a faster pace during the forecast period of 2022–2027

Geographically, the pharmaceutical gelatin market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share in the global pharmaceutical gelatin market in 2021. The presence of key market players coupled with increasing demand for pharma gelatin in biomedical and biotechnology applications is upsurging the demand for gelatin in the region.

The leading players in the pharmaceutical gelatin market are Darling Ingredients, Inc. (US), Gelita AG (Germany), Tessenderlo Group (Belgium), Nitta Gelatin Inc. (Japan), and others. These companies have adopted organic and inorganic growth strategies, such as product launches and acquisitions, to maintain their leading positions in the pharmaceutical gelatin market.

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Recent Developments

In May 2021, Darling Ingredients Inc. announced that its Rousselot brand expanded its range of purified pharmaceutical-grade modified gelatin with the launch of X-Pure GelDAT — Gelatin Desaminotyrosine for biomedical applications.

In July 2022, Gelita opened a biotech hub for developing proteins from biotechnological processes for applications in nutrition, cosmetics, and pharmaceutical and medical products.

[global-research-report]

Enhancing Lives: Strategic Insights into the Vitamin Supplements Industry

The global vitamin supplements market size is expected to reach USD 84.95 billion by 2030, according to a new report by Grand View Research, Inc., growing at a CAGR of 7.3% from 2023 to 2030. The market for vitamin supplements is mostly driven by rising consumer knowledge of nutrition, health, and well-being. The market is anticipated to grow as a result of increased consumer awareness of the nutritional advantages of dietary supplements, including vitamin supplements, due to campaigns launched by non-governmental organizations, governmental bodies, and companies.

Recent product introductions by big and small businesses have included organic and natural components, which has increased demand for vitamin supplements. In addition, the utilization of appealing packaging techniques has raised consumer awareness, which has, in turn, encouraged the purchase of such supplements. Consumers are more concerned about their health and favor goods that use less synthetic chemicals. Another significant element driving the demand for vitamin supplements is consumers' growing preference for nutritious foods and their willingness to spend more for them, particularly when purchasing goods like gummies and candies for kids.

Based on type, the multivitamin supplements segment led the market in 2022 and is expected to witness progressive growth during the forecast period. Multifunctionality is a crucial trend in the supplements market, exemplified by companies such as Blackmores, Vemedia Pharma, Nature Made, Dompé, Ritual, and Holland & Barrett. Multifunctional products offered by these companies are centered on a holistic approach to health and address various aspects of well-being simultaneously. This comprehensive approach appeals to consumers seeking a one-stop solution to their health needs, further boosting the demand for multivitamins.

Vitamin Supplements Market Report Highlights

Based on region, Asia Pacific is expected to grow with the fastest CAGR over the forecast period from 2023 to 2030. The increasing awareness regarding the health benefits of vitamin supplements in the region is a key factor surging the market growth

Based on form, the gummies segment is estimated to grow with the fastest CAGR over the forecast period. The increasing popularity of gummies vitamin supplements is fueling market growth

Based on distribution channel, the online segment is expected to grow with a faster CAGR over the forecast period from 2023 to 2030. The high convenience provided by the online channels is anticipated to contribute to the growth of the segment

Vitamin Supplements Market Segmentation

Grand View Research has segmented the global vitamin supplements market based on type, form, distribution channel, and region:

Vitamin Supplements Type Outlook (Revenue, USD Billion, 2017 - 2030)

Multivitamin

Vitamin A

Vitamin B

Vitamin C

Vitamin D

Vitamin E

Vitamin K

Vitamin Supplements Form Outlook (Revenue, USD Billion, 2017 - 2030)

Powder

Tablets

Capsules

Softgels

Gummies

Others

Vitamin Supplements Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

Offline

Pharmacies & Drugstores

Hypermarkets/Supermarkets

Others

Online

Vitamin Supplements Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Australia & New Zealand

Central & South America

Brazil

Chile

Middle East & Africa

South Africa

UAE

List of Key Players

Glanbia plc

Pfizer Inc.

Bayer AG

Amway Corp.

GlaxoSmithKline plc.

Good Health New Zealand

The Nature's Bounty Co.

NOW Foods

Abbott

Herbalife Nutrition

Nature's Sunshine Products, Inc.

NU SKIN

RBK Nutraceuticals Pty Ltd.

American Health, Inc.

Pharmavite

Order a free sample PDF of the Vitamin Supplements Market Intelligence Study, published by Grand View Research.

[chilljuicecbd]

The Ultimate Guide to Choosing the Right CBD Product for You

In recent years, the popularity of CBD products has skyrocketed, with more people turning to cannabidiol for its potential wellness benefits. From stress relief and improved sleep to pain management and relaxation, CBD offers a versatile solution to many everyday challenges. However, with so many products on the market—oils, capsules, topicals, edibles, and CBD juices—choosing the right one can feel overwhelming.

This guide will help you navigate the world of CBD, understand your options, and find the perfect product to suit your needs. Whether you’re new to CBD or looking to try something different, we’ll break down the key considerations to help you make an informed decision.

Understanding CBD and Its Benefits

Cannabidiol (CBD) is a non-psychoactive compound derived from the hemp plant. Unlike THC, CBD does not cause a "high" but instead interacts with the body's endocannabinoid system to promote balance and wellness. Some of the most commonly reported benefits of CBD include:

Stress relief and relaxation

Improved focus and mental clarity

Pain and inflammation management

Better sleep quality

Mood enhancement

With these benefits in mind, let’s explore how to choose the right product to meet your goals.

Types of CBD Products

CBD comes in various forms, each offering unique advantages depending on your preferences and lifestyle. Here’s a closer look at the most popular types of CBD products:

1. CBD Oils and Tinctures

CBD oils are one of the most common products on the market. They are taken sublingually (under the tongue) for fast absorption into the bloodstream. Oils allow for flexible dosing, making them a great choice for beginners who want to start slow and adjust their intake.

Best For: Those seeking versatile and customizable CBD dosing.

2. CBD Edibles

CBD-infused gummies, chocolates, and snacks are a tasty and discreet way to consume CBD. They provide consistent dosing but take longer to take effect as they must pass through the digestive system.

Best For: People who prefer a flavorful and easy-to-use option.

3. CBD Capsules and Softgels

Capsules are pre-measured and easy to incorporate into your daily routine. They are ideal for users who value precision and simplicity.

Best For: Individuals who prefer a no-fuss, controlled dosage.

4. CBD Topicals

Creams, balms, and lotions infused with CBD are designed for targeted relief. They are applied directly to the skin, making them ideal for localized issues like sore muscles or joint pain.

Best For: People with physical discomfort or skin-related concerns.

5. CBD Juices

CBD juices are a growing trend, especially among those who enjoy flavorful and fast-acting options. These juices are often inhaled, offering quick absorption for immediate effects. At Chill Vape Juice, we specialize in premium CBD juices that combine quality and taste for the ultimate relaxation experience.

Best For: Users seeking rapid effects and a flavorful way to enjoy CBD.

Why Choose CBD Juices?

CBD juices stand out for several reasons, making them an excellent choice for many users:

Fast-Acting Effects: Inhaling CBD juice allows for quick absorption, providing near-instant relief from stress or discomfort.

Flavor Variety: Unlike oils or capsules, CBD juices come in a wide range of delicious flavors that make the experience enjoyable.

Convenience: CBD juices are portable and easy to use, perfect for on-the-go lifestyles.

At Chill Vape Juice, our CBD juices are crafted with high-quality ingredients to ensure a smooth, satisfying, and effective experience. If you’re looking for a product that combines wellness and flavor, our CBD juices are a must-try.

Factors to Consider When Choosing a CBD Product

Not all CBD products are created equal. Here are key factors to keep in mind when selecting the right product for you:

1. Your Wellness Goals

Ask yourself what you’re hoping to achieve with CBD. Are you looking for stress relief, better sleep, or help with focus? Your goals will help determine the best product for your needs.

For Relaxation: Consider CBD juices for their quick-acting and calming effects.

For Pain Relief: Opt for topicals or oils for targeted or full-body relief.

For Sleep: Try CBD capsules or oils with added ingredients like melatonin.

2. Dosage Requirements

Start with a low dose and gradually increase until you find what works for you. CBD juices allow for controlled inhalation, making them an excellent choice for personalized dosing.

3. Flavor Preferences

If taste matters to you, CBD juices and edibles are the way to go. Chill Vape Juice offers a variety of flavors, so you can enjoy your CBD while satisfying your palate.

4. Product Quality

Always look for high-quality products that are third-party tested for purity and potency. At Chill Vape Juice, we prioritize quality and transparency, ensuring you receive only the best CBD products.

5. Method of Use

Consider how you want to incorporate CBD into your routine. CBD juices are great for quick, on-the-go use, while capsules and oils may better suit a structured daily regimen.

Why Buy CBD Juices from Chill Vape Juice?

At Chill Vape Juice, we believe in providing products that not only deliver the benefits of CBD but also elevate the experience. Here’s why our CBD juices are a top choice:

Premium Quality: Made with high-quality, hemp-derived CBD.

Delicious Flavors: A variety of options to suit every taste preference.

Convenient: Perfect for quick relief and busy lifestyles.

Trusted Brand: A commitment to wellness and customer satisfaction.

Buy Chill Juice today and experience the difference for yourself!

Tips for First-Time CBD Users

Start Small: Begin with a low dose and gradually increase as needed.

Read Labels: Look for third-party testing and clear ingredient lists.

Be Patient: CBD affects everyone differently, so give your body time to adjust.

Consult a Professional: If you have health concerns or take medications, consult a healthcare provider before using CBD.

Conclusion

Choosing the right CBD product doesn’t have to be complicated. By understanding your goals, preferences, and the unique benefits of each type of product, you can find the perfect fit for your wellness journey. If you’re looking for a fast-acting, flavorful, and enjoyable way to experience CBD, CBD juices from Chill Vape Juice are an excellent choice.

Don’t wait to elevate your relaxation and wellness. Buy Chill Juice today and discover the ultimate blend of flavor and relief!

[latestmarketresearchnews]

Astaxanthin Market Size & Share | Statistics Report 2030

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in aquaculture is significant, where it is commonly used to enhance the coloration of species such as prawns, salmon, trout, and ornamental fish, increasing their market value. Additionally, astaxanthin offers numerous health benefits to aquatic animals, improving stress tolerance, performance, immune-related gene expression, reproductive capacity, survival rates, and disease resistance. To meet the rising demand in aquaculture, major industry players are focusing on product development and collaborative agreements.

Market growth is further supported by organizations that actively promote awareness of astaxanthin's diverse applications. For example, the Natural Algae Astaxanthin Association (NAXA) is influential in promoting, protecting, and educating the public on the benefits of natural astaxanthin across various industries. NAXA also supports relevant research and offers the NAXA Verification Seal to certify natural astaxanthin products.

To increase the penetration of natural astaxanthin-based products, companies are engaging in strategies such as new product launches and partnerships with influential players in related industries. For instance, Algalif partnered with Divi’s Nutraceuticals in May 2022 to release high-concentration astaxanthin beadlets called AstaBeads, targeting sports nutrition and healthy aging markets. Similarly, The Lubrizol Corporation launched ASTAGILE microcapsules in October 2020, focusing on enhancing cognitive and mental agility for both young and senior adults.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

The astaxanthin market showcases a high degree of innovation, with companies developing novel formulations and sustainable production methods. For example, Sirio Europe (SIRIO) revealed in August, 2023, its plan to introduce two new softgel products targeting the pharmaceutical sector during the CPHI Barcelona 2023 event.

The astaxanthin market is also characterized by a high level of merger and acquisition (M&A) activity by the leading players In January 2022, ENEOS Corporation disclosed its acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This strategic move strengthens ENEOS' position in the astaxanthin market, particularly for Panaferd-AX. The merger reflects the company's commitment to quality and international standards, contributing to the evolution of the industry.

Product Segmentation Insights:

In 2023, dried algae meal or biomass dominated the market with a share of 25.26%. This significant share is attributed to its applications in biomass production for other forms, such as capsules and tablets, minimal downstream processing, convenient bulk production, and a higher demand for use as animal feed. New product launches in the sector, such as Solabia-Algatech Nutrition Ltd’s AstaPure Arava gummies in October 2022, highlight the growing demand for algal astaxanthin. Additionally, in May 2022, Algalif collaborated with start-up company Marea to create a biodegradable coating using residual algae biomass. These advancements are anticipated to support growth in this segment over the forecast period.

The softgel segment is expected to experience strong growth in the coming years, as softgels are widely favored by consumers for their convenience and suitability for the geriatric population. Veggie softgels, derived from modified cornstarch and glycerin, are particularly popular among nutraceutical companies due to their plant-based origin and minimal side effects. Regulatory approvals are further boosting this segment; for example, in September 2021, NextFerm Technologies obtained regulatory approval in the U.S. to market Astaferm, an innovative antioxidant in oil form for softgels.

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Astaxanthin Market – Industry Trends and Forecast Report 2030

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in aquaculture is significant, where it is commonly used to enhance the coloration of species such as prawns, salmon, trout, and ornamental fish, increasing their market value. Additionally, astaxanthin offers numerous health benefits to aquatic animals, improving stress tolerance, performance, immune-related gene expression, reproductive capacity, survival rates, and disease resistance. To meet the rising demand in aquaculture, major industry players are focusing on product development and collaborative agreements.

Market growth is further supported by organizations that actively promote awareness of astaxanthin's diverse applications. For example, the Natural Algae Astaxanthin Association (NAXA) is influential in promoting, protecting, and educating the public on the benefits of natural astaxanthin across various industries. NAXA also supports relevant research and offers the NAXA Verification Seal to certify natural astaxanthin products.

To increase the penetration of natural astaxanthin-based products, companies are engaging in strategies such as new product launches and partnerships with influential players in related industries. For instance, Algalif partnered with Divi’s Nutraceuticals in May 2022 to release high-concentration astaxanthin beadlets called AstaBeads, targeting sports nutrition and healthy aging markets. Similarly, The Lubrizol Corporation launched ASTAGILE microcapsules in October 2020, focusing on enhancing cognitive and mental agility for both young and senior adults.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

The astaxanthin market showcases a high degree of innovation, with companies developing novel formulations and sustainable production methods. For example, Sirio Europe (SIRIO) revealed in August, 2023, its plan to introduce two new softgel products targeting the pharmaceutical sector during the CPHI Barcelona 2023 event.

The astaxanthin market is also characterized by a high level of merger and acquisition (M&A) activity by the leading players In January 2022, ENEOS Corporation disclosed its acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This strategic move strengthens ENEOS' position in the astaxanthin market, particularly for Panaferd-AX. The merger reflects the company's commitment to quality and international standards, contributing to the evolution of the industry.

Product Segmentation Insights:

In 2023, dried algae meal or biomass dominated the market with a share of 25.26%. This significant share is attributed to its applications in biomass production for other forms, such as capsules and tablets, minimal downstream processing, convenient bulk production, and a higher demand for use as animal feed. New product launches in the sector, such as Solabia-Algatech Nutrition Ltd’s AstaPure Arava gummies in October 2022, highlight the growing demand for algal astaxanthin. Additionally, in May 2022, Algalif collaborated with start-up company Marea to create a biodegradable coating using residual algae biomass. These advancements are anticipated to support growth in this segment over the forecast period.

The softgel segment is expected to experience strong growth in the coming years, as softgels are widely favored by consumers for their convenience and suitability for the geriatric population. Veggie softgels, derived from modified cornstarch and glycerin, are particularly popular among nutraceutical companies due to their plant-based origin and minimal side effects. Regulatory approvals are further boosting this segment; for example, in September 2021, NextFerm Technologies obtained regulatory approval in the U.S. to market Astaferm, an innovative antioxidant in oil form for softgels.

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[mpkpr]

Pharmaceutical Softgel Capsules Market Dynamics: Key Drivers and Restraints 2028

"The Pharmaceutical Softgel Capsules Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2028. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

Brief Overview of the Pharmaceutical Softgel Capsules Market:

The global Pharmaceutical Softgel Capsules Market is expected to experience substantial growth between 2024 and 2028. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.

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Which are the top companies operating in the Pharmaceutical Softgel Capsules Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Pharmaceutical Softgel Capsules Market report provides the information of the Top Companies in Pharmaceutical Softgel Capsules Market in the market their business strategy, financial situation etc.

Catalent, Inc, Thermo Fisher Scientific Inc., Capsugel, CAPTEK, Eurocaps Ltd., Amway, Sirio Pharma Co., Ltd., Strides Pharma Science Limited, INTERNATIONAL VITAMIN CORPORATION, Weihai Baihe Biology Technological Co., Ltd., Yuwang, Aenova Holding GmbH, Softgel Healthcare, Douglas Laboratories, MEDGEL., Softcaps (Titanium Technologies India Pvt Ltd)., Medikonda Nutrients, Renown Pharmaceuticals Pvt. Ltd., Bolivac Pharmaceutical, Arion Healthcare, Iscon Life Sciences

Report Scope and Market Segmentation

Which are the driving factors of the Pharmaceutical Softgel Capsules Market?

The driving factors of the Pharmaceutical Softgel Capsules Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Pharmaceutical Softgel Capsules Market - Competitive and Segmentation Analysis:

**Segments**

- Based on product type, the pharmaceutical softgel capsules market can be segmented into gelatin softgel capsules and vegetarian softgel capsules. Gelatin softgel capsules have been traditionally popular due to their easy manufacturing process, but in recent years, there has been a growing demand for vegetarian alternatives due to increased awareness about animal-derived products. This segment is expected to witness significant growth as more consumers are seeking plant-based options in their pharmaceutical products.

- On the basis of application, the market can be segmented into vitamins and dietary supplements, cardiovascular therapy, pain management, cough and cold medications, and others. The vitamins and dietary supplements segment is expected to dominate the market during the forecast period due to the rising focus on preventive healthcare and overall wellness. The cardiovascular therapy segment is also expected to show substantial growth as heart-related diseases continue to be a major health concern worldwide.

- Geographically, the global pharmaceutical softgel capsules market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest market share due to the presence of major pharmaceutical companies, increasing focus on research and development, and high healthcare expenditure. However, the Asia Pacific region is anticipated to witness the fastest growth due to the expanding pharmaceutical industry, growing population, and rising healthcare awareness in countries like China and India.

**Market Players**

- Some of the key players in the global pharmaceutical softgel capsules market include Catalent, Inc., Capsugel, Aenova Group, EuroCaps Ltd., Sirio Pharma, Patheon, Inc., ProCaps Laboratories, etc. These companies are focusing on innovation, strategic partnerships, and expanding their product portfolios to gain a competitive edge in the market. With increasing investments in research and development and a focus on sustainable manufacturing practices, these market players are poised to capitalize on the growing demand for pharmaceutical softgel capsules.

https://www.databridgemarketresearch.com/reports/global-pharmaceutical-softgel-cIn the evolving landscape of the pharmaceutical softgel capsules market, key market players are continuously adapting to meet the changing demands of consumers and industry trends. One notable trend is the shift towards vegetarian softgel capsules driven by the increasing awareness of animal-derived products among consumers. This transition signifies a growing preference for plant-based alternatives and underscores the importance of catering to diverse dietary requirements in the pharmaceutical sector. Companies like Catalent, Inc., Capsugel, and Aenova Group are strategically positioned to capitalize on this trend by expanding their product portfolios to include vegetarian softgel capsules, thereby enhancing their market competitiveness.

The segmentation of the pharmaceutical softgel capsules market based on application highlights the diverse uses of these capsules in different healthcare sectors. The dominance of the vitamins and dietary supplements segment is attributed to the growing emphasis on preventive healthcare and the expanding consumer base seeking wellness solutions. Furthermore, the cardiovascular therapy segment is poised for significant growth, driven by the rising prevalence of heart-related diseases globally. This presents opportunities for market players to innovate and develop specialized softgel capsules tailored to specific therapeutic applications, thus meeting the evolving needs of healthcare providers and patients.

Geographically, North America emerges as a key market for pharmaceutical softgel capsules, owing to the presence of established pharmaceutical companies, robust research and development activities, and high healthcare expenditure in the region. However, the Asia Pacific region stands out as a hotbed for market growth, fueled by the booming pharmaceutical industry, growing population, and increasing healthcare awareness in countries such as China and India. Market players are actively tapping into this region's potential by expanding their presence, forging strategic partnerships, and leveraging local market insights to drive their growth strategies.

In conclusion, the global pharmaceutical softgel capsules market is witnessing dynamic shifts driven by changing consumer preferences, technological advancements, and evolving healthcare needs. Market players are aligning their business strategies to cater to these trends, with a particular focus on product innovation, sustainability, and market expansion. As the market continues to evolve, companies that can adapt swiftly,**Market Players:** - Catalent, Inc - Thermo Fisher Scientific Inc. - Capsugel - CAPTEK - Eurocaps Ltd. - Amway - Sirio Pharma Co., Ltd. - Strides Pharma Science Limited - INTERNATIONAL VITAMIN CORPORATION - Weihai Baihe Biology Technological Co., Ltd. - Yuwang - Aenova Holding GmbH - Softgel Healthcare - Douglas Laboratories - MEDGEL - Softcaps (Titanium Technologies India Pvt Ltd) - Medikonda Nutrients - Renown Pharmaceuticals Pvt. Ltd. - Bolivac Pharmaceutical - Arion Healthcare - Iscon Life Sciences

**Market Analysis:** In the evolving landscape of the pharmaceutical softgel capsules market, key players such as Catalent, Inc., Thermo Fisher Scientific Inc., and Capsugel are leveraging innovative strategies to adapt to the changing demands of consumers and industry trends. These companies are focusing on expanding their product portfolios to include vegetarian softgel capsules, in line with the shift towards plant-based alternatives driven by increasing consumer awareness. Additionally, market players like Eurocaps Ltd., Amway, and Sirio Pharma Co., Ltd. are actively engaging in strategic partnerships to enhance their market competitiveness.

The pharmaceutical softgel capsules market is witnessing dynamic growth opportunities, with a particular focus on the Asia Pacific region. Companies such as Strides Pharma Science Limited, Weihai Baihe Biology Technological Co., Ltd., and

North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Pharmaceutical Softgel Capsules Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.

Similarly, Europe plays a crucial role in the global Pharmaceutical Softgel Capsules Market, expected to exhibit impressive growth in CAGR from 2024 to 2028.

Explore Further Details about This Research Pharmaceutical Softgel Capsules Market Report https://www.databridgemarketresearch.com/reports/global-pharmaceutical-softgel-capsules-market

Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.

Neutral perspective on the Pharmaceutical Softgel Capsules Market scenario

Recent industry growth and new developments

Competitive landscape and strategies of key companies

The Historical, current, and estimated Pharmaceutical Softgel Capsules Market size in terms of value and size

In-depth, comprehensive analysis and forecasting of the Pharmaceutical Softgel Capsules Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2028) of the following regions are covered in Chapters

The countries covered in the Pharmaceutical Softgel Capsules Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa

Detailed TOC of Pharmaceutical Softgel Capsules Market Insights and Forecast to 2028

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Pharmaceutical Softgel Capsules Market Landscape

Part 05: Pipeline Analysis

Part 06: Pharmaceutical Softgel Capsules Market Sizing

Part 07: Five Forces Analysis

Part 08: Pharmaceutical Softgel Capsules Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Pharmaceutical Softgel Capsules Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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Omega 3 Supplements Market Industry Overview: Present Status and Growth Prospects

The global omega-3 supplements market is experiencing significant growth, driven by increasing consumer awareness of the health benefits associated with omega-3 fatty acids. Valued at USD 8.00 billion in 2023, the market is projected to reach USD 17.12 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.83% over the forecast period of 2024-2032.

Market Segmentation:

The omega-3 supplements market is segmented based on source, form, functionality, and end-user:

By Source:

Fish Oil

Krill Oil

Algae Oil

By Form:

Tablets

Capsules

Soft Gels

By Functionality:

Cardiovascular Health

Brain, Nervous System & Mental Health

Eye Diseases

Diabetes

By End-User:

Adults

Children

Pregnant Women

Elderly

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Regional Analysis:

North America currently leads the omega-3 supplements market, attributed to high consumer awareness and a strong focus on preventive healthcare. Europe follows, with significant demand driven by health-conscious consumers. The Asia-Pacific region is anticipated to witness the fastest growth during the forecast period, owing to rising disposable incomes and increasing health awareness among the population.

Key Players

Nordic Naturals, Inc.

Omega-3 Fish Oil Supplements

Ultimate Omega (Fish Oil)

Omega-3 Pet Supplements

DHA 500mg (Fish Oil)

NutriGold Inc.

Omega-3 Gold (Fish Oil)

Omega-3 Vegan DHA

Omega-3 Gold with EPA

Reckitt Benckiser Group plc

Nutri-Health Omega-3 Fish Oil Supplements

Mucinex Omega-3 Fish Oil

Pharma Nord B.V.

BioActive Omega-3

Omega-3 Krill Oil

Omega-3 Softgels

i-Health, Inc.

Omega-3 Adult Gummies (Fish Oil)

Omega-3 Kids Gummies

Aker BioMarine AS

Superba Krill Oil

Omega-3 Phospholipid Oil

Luhua Biomarine (Shandong) Co., Ltd.

Omega-3 Fish Oil Concentrates

Omega-3 EPA/DHA

Pharmavite LLC

Nature Made Fish Oil Softgels

Omega-3 1200mg Softgels

KD Pharma Group

Omega-3 Fish Oil Concentrates

Omega-3 70% EPA/DHA

NOW Foods

Omega-3 Fish Oil Softgels

Omega-3 DHA & EPA Softgels

Omega-3 1000mg Softgels

GlaxoSmithKline plc

Sensodyne Omega-3 Fish Oil Supplements

Omega-3 Fish Oil for Heart Health

Natrol LLC

Omega-3 Fish Oil Softgels

Omega-3 EPA/DHA 1000mg Softgels

Carlson Laboratories

Carlson Fish Oil

Carlson Super Omega-3 Softgels

OmegaBrite

OmegaBrite Omega-3 Fish Oil Supplements

OmegaBrite Plus Omega-3

Optimum Nutrition, Inc.

Fish Oil Softgels

Omega-3 EPA/DHA Softgels

VAYA Pharma

Omega-3 Fish Oil for Brain Health

Vaya Omega-3 Supplements

Vital Choice Wild Seafood & Organics, SPC

Omega-3 Wild Fish Oil

Omega-3 DHA Supplements

Bionova

Omega-3 Fish Oil Concentrates

Omega-3 DHA & EPA Softgels

The Nature’s Bounty Co.

Omega-3 Fish Oil Softgels

Omega-3 Gummies

Arkopharma

Arkocaps Omega-3 Capsules

Arkopharma Omega-3 Fish Oil Softgels

Key Highlights:

Growing consumer awareness of the health benefits of omega-3 fatty acids is a primary market driver.

Innovations in product formulations, such as plant-based and flavored supplements, are attracting a broader consumer base.

The cardiovascular health segment holds a significant share due to the proven benefits of omega-3s in heart health.

The Asia-Pacific region is expected to exhibit the highest growth rate during the forecast period.

Future Outlook:

The omega-3 supplements market is poised for substantial growth, driven by ongoing research supporting the health benefits of omega-3 fatty acids and a global shift towards preventive healthcare. Innovations in supplement formulations, including plant-based sources and enhanced delivery methods, are expected to further propel market expansion. As consumer awareness continues to rise, the demand for omega-3 supplements is anticipated to increase across various demographics and regions.

Conclusion:

The global omega-3 supplements market is on a robust growth trajectory, with significant opportunities for stakeholders, including manufacturers, healthcare providers, and investors. The increasing emphasis on health and wellness, coupled with product innovations, positions the market for continued expansion in the coming years.

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[ushempfarm]

Best Hemp Brands in the USA

The hemp industry in the USA has grown rapidly over the past few years. With the passage of the 2018 Farm Bill, hemp and hemp-derived products have gained legal status in many states, leading to an explosion of hemp brands. Whether you're looking for CBD oils, hemp clothing, or other hemp-derived products, the market is brimming with quality options. Best Hemp Brands USA This article will explore some of the best hemp brands in the USA, including a special mention of US Hemp Farm, a leading name in the industry.

1. US Hemp Farm

US Hemp Farm stands out in the crowded market for its dedication to quality and transparency. They pride themselves on producing high-quality, organic hemp products that are safe and effective. US Hemp Farm offers a wide range of products, including CBD oils, tinctures, gummies, topicals, and more. All of their products are made using hemp grown on certified organic farms in the USA, ensuring purity and potency.

What sets US Hemp Farm apart is their commitment to third-party lab testing. They provide detailed lab reports for all their products, ensuring that customers receive products free of pesticides, heavy metals, and other contaminants. If you're looking for a reliable hemp brand, US Hemp Farm is a fantastic choice.

2. Charlotte’s Web

Charlotte's Web is one of the pioneers in the hemp industry. They are known for their high-quality CBD products, which are derived from their proprietary hemp genetics. Their product line includes CBD oils, gummies, capsules, and topicals. Charlotte's Web has a strong reputation for using full-spectrum hemp extracts, which means their products contain a range of beneficial cannabinoids and terpenes that work together to enhance the effects of CBD.

3. Joy Organics

Joy Organics is a family-owned brand known for its broad-spectrum CBD products. They offer a wide range of CBD oils, softgels, gummies, and topicals. All of their products are THC-free, making them a great choice for those who want to experience the benefits of hemp without the psychoactive effects. Joy Organics is also committed to transparency, with all products undergoing third-party lab testing.

4. Green Roads

Green Roads is one of the largest and most respected hemp brands in the USA. They offer a variety of products, including CBD oils, edibles, topicals, and even pet products. Green Roads was founded by a licensed compounding pharmacist, which speaks to their focus on product quality and safety. Their products are made using hemp grown in the USA and are subjected to rigorous third-party testing.

5. Lazarus Naturals

Lazarus Naturals is known for offering high-quality hemp products at affordable prices. They believe that CBD should be accessible to everyone, so they offer a generous assistance program for veterans, people with long-term disabilities, and those with low income. Lazarus Naturals uses hemp grown on their farms and follows strict quality control measures, including third-party lab testing.

6. CBDistillery

CBDistillery is a well-known hemp brand that offers a wide range of products, including full-spectrum, broad-spectrum, and CBD isolate options. They are committed to providing high-quality products at reasonable prices. CBDistillery uses non-GMO, U.S.-grown hemp and offers third-party lab testing for all their products to ensure quality and transparency.

7. Medterra

Medterra is another reputable brand that offers a variety of hemp-derived CBD products, including tinctures, capsules, topicals, and more. They use hemp grown under the strict guidelines of the Kentucky Department of Agriculture, ensuring high-quality products. Medterra’s products are THC-free, making them a good option for those who want to avoid any traces of THC.

Why Choose Hemp Products?

Hemp products have gained popularity due to their potential health benefits. CBD, one of the primary compounds found in hemp, is known for its potential to help with anxiety, pain, inflammation, and more. Unlike THC, CBD does not have psychoactive effects, making it a popular choice for those seeking natural wellness options.

When choosing a hemp brand, it's essential to consider factors such as the source of hemp, extraction methods, and third-party lab testing. Brands like US Hemp Farm and others mentioned in this article offer transparency and high-quality products, making them some of the best options in the market.

Conclusion

The hemp industry in the USA is thriving, with numerous brands offering a wide range of products. Whether you're new to hemp or an experienced user, choosing a reputable brand is crucial for ensuring product safety and effectiveness. Best Hemp Brands USA US Hemp Farm, along with other brands like Charlotte’s Web, Joy Organics, and Green Roads, are among the best hemp brands in the USA, offering high-quality, lab-tested products that you can trust.

[industryforecastnews]

Vegan Omega-3 Supplements Market To Reach USD 2.98 Billion By 2030

 Vegan Omega-3 Supplements Market Growth & Trends

The global vegan omega-3 supplements market is expected to reach USD 2.98 billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is mainly driven by driven by a confluence of health, environmental, and ethical factors. One of the primary drivers is the increasing awareness of the health benefits associated with omega-3 fatty acids, which include improved cardiovascular health, enhanced cognitive function, and anti-inflammatory properties.

Consumers are becoming more health-conscious and are actively seeking plant-based alternatives to traditional fish oil supplements. For example, algae-based omega-3 supplements are gaining popularity as they provide a sustainable and vegan-friendly source of essential fatty acids, particularly EPA and DHA. Environmental concerns also play a crucial role; overfishing and the ecological impact of fish oil production have prompted a shift towards more sustainable sources.

The appeal of vegan omega-3 supplements is further enhanced by the introduction of innovative delivery systems, such as pectin-based softgels. These advancements address concerns regarding gelatin-derived capsules and provide a more attractive option for consumers seeking vegan-friendly supplements. As the market evolves, manufacturers and suppliers have the opportunity to capitalize on the growing demand by offering high-quality, sustainable, and effective vegan omega-3 supplements to meet the needs of a diverse consumer base.

The competitive landscape of the vegan omega-3 supplement market is characterized by a mix of established nutraceutical companies and emerging startups, all vying for a share of this rapidly growing segment. Major players like Barlean's Organic Liquid, LLC, i-Health, Inc., Source Naturals, Inc., NUTRU, Nordic Naturals, Calgee, and NOW Foods,  have established a strong presence by leveraging their expertise in plant-based formulations and sustainable sourcing.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/vegan-omega-3-supplements-market-report

Vegan Omega-3 Supplements Market Report Highlights

Algae-based vegan omega-3 supplements held a 75.4% market share of global revenues in 2023, driven by increased awareness of the purity and sustainability of algal oil.

The market is projected to grow at a CAGR of 9.6% from 2024 to 2030. Manufacturers are expanding their product lines to include alternative forms, such as powder, to cater to diverse consumer preferences.

Cardiovascular vegan omega-3 supplements accounted for 37.0% of global revenues in 2023. These supplements are commonly used for promoting cardiovascular health, offering significant benefits for maintaining heart function and reducing the risk of heart-related issues.

The market in North America held a 37.1% share of global revenue in 2023, driven primarily by a growing consumer preference for plant-based alternatives and the increasing adoption of vegan and vegetarian lifestyles.

Regional Insights

The market in North America accounted for a share of 37.1% of the global revenue in 2023. The market is primarily driven by a growing consumer preference for plant-based alternatives, in line with the increasing adoption of vegan and vegetarian lifestyles. As more individuals seek sustainable and ethical products, the demand for vegan omega-3 supplements has surged. For example, the rise of plant-based diets among millennials and Gen Z has led to a greater interest in vegan supplements, prompting the industry to expand its product offerings.

U.S. Vegan Omega-3 Supplements Market Trends

The market in the U.S. is projected to grow at a CAGR of 8.8% from 2024 to 2030. The growth of the market is mainly attributed to the increasing consumer awareness of the health benefits associated with omega-3 fatty acids and the shift towards plant-based diets. As more Americans focus on incorporating healthier and sustainable dietary choices into their lifestyles, the demand for vegan omega-3 supplements continues to rise. As per research conducted by Nuseed Nutritional US Inc. in October 2021, 64% of vitamin and mineral supplement consumers preferred plant-based or vegan omega-3 supplements.

Vegan Omega-3 Supplements Market Segmentation

Grand View Research has segmented the global vegan omega-3 supplements market based on source, form, functionality, end-use, distribution channel, and region.

Vegan Omega-3 Supplements Source Outlook (Revenue, USD Million, 2018 - 2030)

Algae

Flaxseed

Chia Seeds

Others

Vegan Omega-3 Supplements Form Outlook (Revenue, USD Million, 2018 - 2030)

Capsules

Liquid

Powder

Others

Vegan Omega-3 Supplements Functionality Outlook (Revenue, USD Million, 2018 - 2030)

Cardiovascular Health

Brain, Nervous System & Mental Health

Eye Diseases

Diabetes

Others

Vegan Omega-3 Supplements End Use Outlook (Revenue, USD Million, 2018 - 2030)

Adults

Geriatric

Pregnant Women

Children

Infants

Vegan Omega-3 Supplements Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

OTC

Prescribed

Vegan Omega-3 Supplements Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players in the Vegan Omega-3 Supplements Market

Barlean's Organic Liquid, LLC

i-Health, Inc.

Source Naturals, Inc.

NUTRU

Nordic Naturals

Calgee

NOW Foods

Sunwarrior LLC

Nomolotus, LLC (Truvani)

Doctor’s Best

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/vegan-omega-3-supplements-market-report