Softgel Capsules Market worth $1.5 billion by 2028

https://www.marketsandmarkets.com/Market-Reports/softgel-capsules-market-238329912.html

The report "Softgel Capsules Market by Material, Source (Porcine, Bovine), Application (Pharmaceuticals, Nutraceuticals & Dietary Supplements, Cosmetics & Personal Care), Region(North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is projected to reach USD 1.5 billion by 2028 from USD 1.1 billion in 2023, at a CAGR of 6.3% during the forecast period. The growth of this market is majorly driven by the benefits of softgel capsules, increasing demand for dietary supplements and nutraceuticals, and rising demand for naturally sourced ingredients.