The Europe softgels dietary supplements market is projected to grow at the rate of 6.8% to reach a valuation of US$ 32 Billion by 2032 from US$ 16.56 Billion in 2022.
Growth in the market is attributed to the burgeoning treatment cost of diseases like bronchitis, and diabetes, along with the increased spending on healthcare rise. Softgels dietary supplements based on vitamins and minerals accounted for more than half of the global softgels dietary supplements market share in 2021.
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Competitive Landscape: Top Companies in Softgels Dietary Supplements Market
Some of the key developments are :
- In July 2021, soft capsule producer Aenova announced plans to open a new production line in Cornu, Romania. The new can and bottle filling plant in Cornu will be able to fill approximately 12 to 14 million plastic or glass bottles per year.
- In September 2020, Prorganiqan announced the launch of 24-in-1 mega superfoods dietary supplements. These will be packed with various essential greens, veggies, fruits, and herbs, and will deliver improvement in general health and well-being.
- In November 2019, Amway announced an investment of US$ 200 Million to set up an innovation center in China for dietary supplements. This is targeted toward offering custom-made solutions as well as the overall expansion of the company.
- In October 2019, Herbalife introduced a relaxation tea as well as new immunity essentials, formulated with lemon balm, to fight stress.
Europe Softgels Dietary Supplements Market by Category
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By Ingredient Type, Europe Softgels Dietary Supplements Market is segmented as :
- Amino Acid Softgels Dietary Supplements
- Botanical Softgels Dietary Supplements
- Vitamin- & Mineral-based Softgels Dietary Supplements
- Other Softgels Dietary Supplement Types
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By Application, Europe Softgels Dietary Supplements Market is segmented as :
- Softgels Dietary Supplements for Bone and Joint Health
- Softgels Dietary Supplements for General Well-being
- Softgels Dietary Supplements for Heart Health
- Softgels Dietary Supplements for Immune Health and Digestive Health
- Softgels Dietary Supplements for Sports Nutrition
- Softgels Dietary Supplements for Weight Loss
- Other Applications of Softgels Dietary Supplements
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By End User, Europe Softgels Dietary Supplements Market is segmented as :
- Softgels Dietary Supplements for Adults
- Softgels Dietary Supplements for Geriatric Population
- Softgels Dietary Supplements for Pregnant Women
- Softgels Dietary Supplements for Children
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By Country, Europe Softgels Dietary Supplements Market is segmented as :
- Germany
- Italy
- France
- Spain
- U.K.
- BENELUX
- Rest of Europe
