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(Construction.IndustryNews247.Com, November 20, 2018 ) In this report, Research Reports Inc. covers the present scenario (with the base year being 2017) and the growth prospects of global Softgel Manufacturing Equipment market for 2018-2023.
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Korea is the largest countries of Softgel Manufacturing Equipment in the world in the past few years and it will keep increasing in the next few years. Korea market took up about 42.05% of the global market in 2017, while Europe and Japan were about 21.61%, 14.01%.
Over the next five years Research Reports Inc(RRI) projects that Softgel Manufacturing Equipment will register a 9.2% CAGR in terms of revenue, reach US$ 220 million by 2023, from US$ 130 million in 2017.
A softgel is an oral dosage form for medicine similar to capsules. They consist of a gelatin based shell surrounding a liquid fill. Softgel shells are a combination of gelatin, water, opacifier and a plasticiser such as glycerin or sorbitol.
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Softgel manufacturing equipment includes a line of machines that produce softgel, such as soft capsule encapsulation machine, soft capsule drying systems and other auxiliary devices.
Softgel manufacturing equipment main includes soft capsule encapsulation machine, soft capsule drying systems and other auxiliary devices. Soft capsule encapsulation machine is the most expensive type which takes up about 65.73 % of the total cost in 2017.
Softgel Manufacturing Equipment has wide range of applications, such as Pharmaceutical, Health Supplements and others. And Health Supplements was the most widely used area which took up about 63.41% of the global total in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Softgel Manufacturing Equipment market by product type, application, key manufacturers and key regions.
To calculate the market size, Research Reports Inc considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Soft Capsule Encapsulation Machines
Soft Capsule Drying Systems
Other Auxiliary Devices
Segmentation by application:
Pharmaceutical
Health Supplements
Others
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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Changsung
SKY
Technophar
Pharmagel
GIC Engineering
Sankyo
Research Reports Inc
Shubham Goel
8554192424
sales@researchreportsinc.com
Source: EmailWire.Com 
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