Oct 6, 2020   SOURCE: BusinessWire

Global Softgel Tumble Dryer Market to surpass US$ 172.3 Million by 2027, Says Coherent Market Insights (CMI)

According to Coherent Market Insights, the global softgel tumble dryer market is estimated to be valued at US$ 85.7 million in 2020 and is expected to exhibit a CAGR of 10.5% during the forecast period (2020-2027).

Key Trends and Analysis of the Global Softgel Tumble Dryer Market:

The market is expected to gain significant traction during the forecast period, as various contract manufacturing organizations are engaged in adoption of inorganic strategies such as partnership agreements and collaborations in order to accelerate the large scale softgels production. For instance, in July 2018, Zenabis Ltd., a privately-held, Cannabis Company, entered a long-term strategic manufacturing agreement with Capcium Inc., a Montreal-based contract manufacturing platform specializing in softgel manufacturing. Such activities are expected to drive demand for softgels tumble dryers which play a crucial role in maintaining quality of softgels by removing excessive moisture from the gelatin.

Moreover, on September 16th, 2020, ZYUS Life Sciences Inc. selected Capcium Inc.’s subsidiary, GelCan Corporation Inc., a pharmaceutical-grade manufacturer of softgel capsules, to encapsulate ZYUS softgels for the Canadian medical cannabis market. This agreement will support the ZYUS Life Sciences for development and production of standardized, high-quality cannabinoid-based softgels.

Among region, the Asia Pacific softgel tumble dryer market is expected to exhibit significant growth during the forecast period as most softgel tumble dryer provider have strong presence in the region. For example, key players such as Changsung Softgel System Ltd (South Korea), SKY SOFTGEL CO., LTD., KAMATA CO., LTD., (Tokyo, Japan), Wuxi Jangli Machinery Co., Ltd (China), others are major providers of softgels tumble dryers in Asia Pacific.

Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/4208

Key Market Takeaways:

The global softgel tumble dryer market is expected to exhibit a CAGR of 10.5% during the forecast period owing to expansion of production facilities by softgels manufacturers.

The pharmaceutical industry deploys different types of industrial dryers such as softgel tumble dryers. The pharmaceutical industry has expanded significantly in the recent past and as a result of this, there is a high demand for dryers. Key companies in the market can capitalize on lucrative opportunities and gain significant advantages in the market.

Competitive Landscape:

Key players operating in the global softgel tumble dryer market are 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.

Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4208

Market Segmentation:

  • Global Softgel Tumble Dryer Market, By Instrument Type:
    • Standard Tumble Dryer
    • Continuous Tumble Dryer
  • Global Softgel Tumble Dryer Market, By End User:
    • Pharmaceutical Companies
    • Health Supplements Companies
    • Others
  • Global Softgel Tumble Dryer Market, By Region:
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • Central Africa
      • North Africa

Related Market Intelligence Report:

Plasma Therapy Market, By Type (Pure PRP, Leucocyte-rich PRP, Pure Platelet-rich Fibrin (PRF), and Leukocyte-rich Fibrin (L-PRF)), By Application (Infections Diseases, Dental, Nerve Injury, Cardiac Muscle Injury, and Other Applications), By End-User (Hospitals & Clinics, Research Institutes, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Read more: https://www.coherentmarketinsights.com/market-insight/plasma-therapy-market-4155

Infertility Drugs and Devices Market, By Type (Infertility Drugs (Clomiphene citrate, Sex hormones, Gonadotropins, Bromocriptine, Cabergoline, Imipramine, Letrozole, Metformin), Infertility Devices (Equipment, Accessories)), By Gender (Male, Female), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Read more: https://www.coherentmarketinsights.com/market-insight/infertility-drugs-and-devices-market-4122

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.