The Softgel Tumble Dryer Market Is Growing With the Rapid Growth of the Food and Pharmaceutical Sectors

 

Softgel Tumble Dryer Market

Softgel capsule (soft gelatin capsule) is a solid capsule that surrounds a liquid or semi-solid center (inner fill). They consist of a gelatin based shell surrounding a liquid fill. A warm liquid gelatin is spread over a slowly revolving, stainless steel drum during softgel manufacturing to form capsules to fill them with medicine. Then, the capsules are transferred to tumble dryers or drying drums for rapid drying which depends on the size of the capsule from which moisture is to be extracted. Tumble drying is the most effective process for initial drying phase. Thus, tumble dryers are used to make softgel capsules, with minimal damage or wastage. Growth of the softgel tumble dryer market is mainly driven by the increasing demand for softgel capsules.

With the increasing prevalence of heart disease, especially in North America, the demand for softgel capsules is also increasing, which in turn, increase the demand for softgel tumble dryer. According to American Heart Association, in 2019, around 1,055,000 people in the United States suffered from coronary heart diseases. Moreover, market players are adopting various strategies such as facility expansion to meet the increasing demand for softgel capsules. For example, in October 2020, Aenova Group GmbH decided to expand the production capacities at the site in Tittmoning, Germany to meet the constantly growing demand for pharmaceuticals.

Furthermore, in October 2020, Catalent Inc. invested US$ 93 million to expand its overall production capacity of capsules within CHI's Capsugel portfolio by manufacturing 30 billion capsules annually.  Moreover, contract manufacturing agreements among market players are expected to augment the softgel tumble dryer market growth. For example, in September 2020, ZYUS Life Sciences selected GelCan Corporation Inc. to encapsulate ZYUS softgels for the Canadian medical cannabis market. Moreover, softgel tumble dryers are used to shape softgels evenly, and thus, they are suitable for drying operation in pharmaceutical and food industries.

Thus, advancements in softgel tumble dryers and rapid growth of the food and pharmaceutical sectors is expected to accelerate the softgel tumble dryer market growth. According to the India Brand Equity Foundation (IBEF), Indian pharmaceutical sector is expected to grow to US$ 100 billion, while medical device market is expected to grow US$ 25 billion by 2025. Moreover, according to the Department for Promotion of Industry and Internal Trade (DPIIT), the drugs and pharmaceuticals sector attracted cumulative FDI (Foreign Direct Investment) inflow worth US$ 16.86 billion between April 2000 and September 2020.

However, the high cost of operation and increasing fuel consumption are some of the major factors restraining the softgel tumble dryer market growth.

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