Global softgel tumble dryer market is estimated to be valued at US$ 128.7 million in 2023, and is expected to exhibit a CAGR of 11.2 % during the forecast period (2023-2030).
Analysts’ views on Global Softgel Tumble Dryer Market:
A machine that dries wet laundry by rotating it in warmed air inside a metal drum is also called as tumbler dryer or as tumbler. For instance, on October 20, 2022, Aenova, a contract manufacturer for the pharmaceutical and healthcare industry, and Microcaps, a company that provides a solution for microencapsulation, announced a strategic partnership. Both companies goal is to develop and produce pharmaceuticals, dietary supplements, and a variety of other products more quickly and more effectively while using high-precision microencapsulation for unique formulations using various instruments including freeze dryers, tumble dryers, and others.
Figure 1. Global Softgel Tumble Dryer Market Share (%), By Instrument Type, 2023
To learn more about this report, request sample copy
Global Softgel Tumble Dryer Market– Drivers
Increasing research and development activities related to tumble dryer
Increasing research and development activities in the field of tumble dryer are expected to drive the global softgel tumble dryer market growth over the forecast period. For instance, on November 16, 2021, Aenova, a contract manufacturer for the pharmaceutical and healthcare industry, manufactured and packaged soft gelatin capsules as well as vegan soft capsules under contract for major, global pharmaceutical and nutritional supplement companies at its facility in Cornu, Romania.
Figure 2. Global Softgel Tumble Dryer Market Value (US$ Million), By Region, 2023
To learn more about this report, request sample copy
Global Softgel Tumble Dryer Market - Regional Analysis
Among region, North America is estimated to hold a dominant position in the global softgel tumble dryer market over the forecast period, owing to increasing launch of products by market players. For instance, on September 23, 2021, Aenova, a contract manufacturer for the pharmaceutical and healthcare industry, announced the launch of the new softgel capsules thatcontain omega-3 DHA fatty acids from microalgae, and are based on the vegan VegaGels. The vegan softgel chewable capsule is easy to consume. The DHA-rich supplement, which comes in a variety of colors and flavors including Tutti-Frutti, Strawberry, and Citrus, is especially suitable for kids. AlaskOmega AG, Algarithm, and Aenova collaborated to create the new pure vegetable omega-3 softgel capsule. The tumble dryers play a major role in producing softgel capsules.
Global Softgel Tumble Dryer Market – Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.
COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others faced problems regarding the transportation of drugs from one place to another.
However, the COVID-19 pandemic has positive impact on the global softgel tumble dryer market growth. For instance, on September 23, 2020, In an article explaining the study, the National Center for Biotechnology Information stated that adding soft gel capsules of cold-pressed extract to standard therapy improved asthma control with a trend toward improved pulmonary function. The trial was randomized, double-blind, and placebo-controlled. Additionally helpful in treating the illness are COVID-19 and asthama patients. The five subscores all significantly improved, except for two.
Softgel Tumble Dryer Market Report Coverage
Report Coverage | Details | ||
---|---|---|---|
Base Year: | 2022 | Market Size in 2023: | US$ 128.7 Mn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR: | 11.2% | 2030 Value Projection: | US$ 269.9 Mn |
Geographies covered: |
|
||
Segments covered: |
|
||
Companies covered: |
Changsung Softgel System Ltd., SKY SOFTGEL CO., LTD, GIC Engineering, Inc., KAMATA CO., LTD, TOOLTRONICS, SaintyCo, Technophar, JOYSUN PHARMA, Wuxi Jangli Machinery Co., Ltd, CapPlus Technologies, SEC Softgel Technology, Mysoftgel Co., Ltd. , Beijing KunYou Pharmatech Co Ltd. |
||
Growth Drivers: |
|
||
Restraints & Challenges: |
|
Uncover macros and micros vetted on 75+ parameters: Get instant access to report
Global Softgel Tumble Dryer Market- Segmentation
Global softgel tumble dryer market report is segmented into instrument type, end user, and region.
Based on Instrument Type, the global softgel tumble dryer market is segmented into standard tumble dryer and continuous tumble dryer. Out of which, standard tumble dryer segment is expected to dominate the market due to increasing launch of products by market players.
Based on End User, the global softgel tumble dryer market is segmented into pharmaceutical companies, health supplements companies, and others. Among these, the pharmaceutical companies segment is expected to dominate the market over the forecast period, owing to Rise in technological adavancement in equipment.
Based on Region, the global softgel tumble dryer is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among these, North America segment is expected to dominate the market over the forecast period due to increasing research and development activities in North America region.
Among all the segmentation, end user segment dominated the global softgel tumble dryer market. For instance, on October 25, 2021, Aenova , a contract manufacturer for the pharmaceutical and healthcare industry, announced the launch of the new probiotic softgel capsules thatsupport the health of the gut flora. The foundation of the new probiotic formulations is an exclusive shell combined with the right fill mass enhancers. The new capsules are easy to consume. The capsule's ingredients and special requirements can be changed. Size, color, and taste can all be changed by using a tumble dryer for proper molding and demolding of softgel capsules.
Global Softgel Tumble Dryer Market- Cross Sectional Analysis
Increasing research and innovation in the North America region is expected to drive the growth segment under end user will be dominant in the region. For instance, on January 14, 2021, Soft Gel Technologies, Inc. is a supplement manufacturer of soft gel encapsulation for vitamin, botanical, nutraceutical and specialty supplements has published an article explaining the manufacturing of sotgels in bulk. Making soft gels differs from making capsules or tablets in every way. A quality product requires a number of steps. Quality products require quality equipment. The method of drying depends on the kind of soft gel capsule. An in-line drying system should be used with oil-based capsules. Standard tumbler dryer and drying tunnel system can be used if the capsules are not oil-based.
Global Softgel Tumble Dryer Market: Key Developments
For instance, on April 12, 2023, NovaBay Pharmaceuticals, a biopharmaceutical company, announced the launch of Avenova Eye Health Support, an over-the-counter oral supplement for the treatment of dry eye disease and overall eye health. It include the soft-gel capsules that feature a combination of maqui berry extract and natural triglyceride omega-3 oils. The softgel capsules were produced by tumble dryers using special sterilization techniques, as capsules were intended to treat eye problems.
For instance, Catalent, a provider of delivery technologies, announced on October 19, 2020, that it launched OptiGel DR technology for the formulation and manufacturing of delayed or enteric release softgels. OptiGel DR technology eliminates the need for a separate capsule coating step by combining gelatin and pectin, a naturally occurring polysaccharide, to create softgel capsules. The effects of gastric reflux can be lessened by the capsules.
Global Softgel Tumble Dryer Market: Key Trends
Increasing research and development
Increasing research and development activities can drive the global softgel tumble dryer market growth. For instance, on November 20, 2022, Ipharmachine., a supplier of pharmaceutical equipment, published data about the traditional way of using dryer for softgel dryers. The soft gelatin capsules are spread out on the softgel drying trays as soon as these are removed from the tumble dryer. To complete the last step of the softgel drying process, these trays are pushed into drying tunnels. Inside the drying tunnels, where air is continuously circulated at a controlled temperature and low relative humidity, trays are stacked. If the softgels are larger than 20 minims or made with a non-oily liquid base, the drying process may take a little longer than the typical 16 to 24 hours.
Global Softgel Tumble Dryer Market: Restraints
Complications such as deckle damage in tumble dryers
Complications such as deckle damage in tumble dryers can hamper growth of the global softgel tumble dryer market. For instance, on June 7, 2022, SEC Softgel Technologies, a manufacturer of softgel encapsulation has published an article that when gelatin ribbon is excessively thick, if the ribbon thickness is more than the die roll pocket cut step height, the gelatin ribbon is torn off rather than cut off, resulting in deckle damage to the seam. Generally speaking, the die roll pocket cut step is 1 mm in height for all softgel die roll manufacturers. At the 1mm cut step height, deckle damage seams will be present in the majority of ribbon thicknesses more than 0.9 mm.
To counterbalance this restraint, more advanced technologies and innovation in tumble dryers should be introduced.
Global Softgel Tumble Dryer Market - Key Players
Major players operating in the global softgel tumble dryer market include Changsung Softgel System Ltd., SKY SOFTGEL CO., LTD, GIC Engineering, Inc., KAMATA CO., LTD, TOOLTRONICS, SaintyCo, Technophar, JOYSUN PHARMA, Wuxi Jangli Machinery Co., Ltd, CapPlus Technologies, SEC Softgel Technology, Mysoftgel Co., Ltd. , and Beijing KunYou Pharmatech Co Ltd.
*Definition: Tumbler dryers are offered as a standalone unit or in combination with encapsulation machines. These have U.S. FDA-approved material contact parts, are UL or CE certified, and meet the GMP requirements of the pharmaceutical industry. A programmable logic controller with a touch screen can be used to control other production parameters such as variable speed, a high-frequency blower, automatic capsule transfer, and built-in gentle heating.
Share
About Author
Ghanshyam Shrivastava - With over 20 years of experience in the management consulting and research, Ghanshyam Shrivastava serves as a Principal Consultant, bringing extensive expertise in biologics and biosimilars. His primary expertise lies in areas such as market entry and expansion strategy, competitive intelligence, and strategic transformation across diversified portfolio of various drugs used for different therapeutic category and APIs. He excels at identifying key challenges faced by clients and providing robust solutions to enhance their strategic decision-making capabilities. His comprehensive understanding of the market ensures valuable contributions to research reports and business decisions.
Ghanshyam is a sought-after speaker at industry conferences and contributes to various publications on pharma industry.
Missing comfort of reading report in your local language? Find your preferred language :
Transform your Strategy with Exclusive Trending Reports :
Frequently Asked Questions
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients