The size of the softgel tumble dryer market was estimated to be USD 95 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 10.5% to reach around USD 200 million in 2030.
The Softgel Tumble Dryer Market includes technology used in the pharmaceutical and nutraceutical sectors to dry soft gel capsules after encapsulation. Softgel capsules are a common method of administering oral medications due to their ease of swallowing and high bioavailability. After encapsulation, soft gel capsules include a liquid or semi-solid fill substance that must be dried to eliminate any remaining moisture and prevent spoiling.
Softgel tumble dryers are specially built equipment that dries soft gel capsules rapidly and efficiently. They employ a mix of heated air and tumble action to remove moisture from the capsules, ensuring that they are completely dry and ready for packing. Softgel tumble dryers are available in a variety of sizes and capacities to meet varied production requirements, and they are a crucial piece of equipment for pharmaceutical and nutraceutical businesses that create soft gel capsules.
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Softgel Tumble Dryer Market Segmentation
Regional Scope
- North America
- Europe
- Asia-Pacific
- Latin America
- MEA
Key Company
Companies involved in the global softgel tumble dryer market include Changsung Softgel System Ltd., SKY SOFTGEL CO., GIC Engineering, KAATA CO., LTD., TOOLTRONICS, SaintyCo, Technophar, JOYSUN PHARMA, Wuxi Jangli Machinery Co., Ltd., CapPlus Technologies, SEC Softgel Technology, Mysoftgel Co., Beijing KunYou Pharmatech Co Ltd., and Other players.
Market Dynamics
The major users of softgel tumble dryers are softgel producers. These enterprises produce softgels in massive quantities, employing machinery for encapsulation, drying, and other procedures. As a consequence, it is expected that the expansion of manufacturing facilities by softgel manufacturers will play a significant role in the growth of the worldwide softgel tumble dryer market. For example, on June 30, 2020, Catalent’s consumer health production facilities in Strathroy, Canada, and Sorocaba, Brazil, successfully completed an expansion project valued at US$3.2 million.
Catalent is a global supplier of state-of-the-art solutions for biologics, cell and gene therapies, pharmaceuticals, and consumer health goods, including production, development, and delivery. Each location will contain softgel encapsulation lines devoted to Catalent’s own CosmoPod twist-off capsule and Vegicaps plant-based capsule technology as part of the company’s recent expansion ambitions. Softgel capsules that come out of the encapsulating machine wet, soft, and delicate; they need to be moved to a softgel tumbler drier for further shape and chilling.
Regional Insights
The United States of America in particular will be crucial to the market’s expansion in North America. Any modifications coming from the US might have an effect on the softgel tumble dryer’s development trend. Over the projected time, there is expected to be a considerable growth in the North American market. There should be enough room for market expansion given the high rate of adoption of cutting-edge technology and the presence of major companies in this area.
Throughout the projected period, the Asia Pacific regional market had the quickest rate of growth. Because end-use sectors including food and beverage, pharmaceutical, and cosmetics are expected to continue driving demand, the area is expected to maintain its governance during the projected period. The need for consumer health goods has increased due to rising disposable income and population growth, which will propel industry expansion.
Market Scope
With a focus on worldwide market trend research, the “Global Softgel Tumble Dryer Market Analysis To 2028” is a comprehensive and professional study of the manufacturing and construction sectors. With a thorough market segmentation by instrument type, end user, and geography, the softgel tumble dryer market study seeks to give a broad picture of the industry. Over the course of the projected period, the softgel tumble dryer market is anticipated to develop rapidly worldwide. The study gives important market trends and prospects as well as important data on the competitive landscape of the top softgel tumble dryer manufacturers.
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