Softigel Overview
Company Headquarters: Barranquilla, Colombia
Founded: 1977
Workforce: ~ 5,000
Company Working: Softigel by Procaps is a leading provider of contract development and manufacturing services in sophisticated softgel technologies for the worldwide pharmaceutical and nutraceutical industries. The company consists of eight manufacturing facilities in Latin America including its first FDA approved pharmaceutical plants in South America. In addition, the company’s products are sold and distributed in more than 50 countries across the globe. Besides this, the company deals with a range of soft gel technologies including softgels, unigel, chewgels, G-Tabs, versagel and other delivery systems.
Apart from this, the company Funtrition division, by Procaps is a top provider of Contract Manufacturing services in sophisticated gummy technologies. Through its broad range of abilities and in-depth knowledge of gummy manufacturing and product development, its assist various businesses in bringing cutting-edge dietary supplement products to market more quickly while providing consumers with an exceptional experience, greater preference, and superior adherence to various therapies and health issues. In addition, the company has developed into an integrated CDMO that offers customers full-service, turnkey solutions for nutraceutical products across both development and delivery owing to its cutting-edge delivery platforms, which include gelatin and non-gelatin gummies made of agar and pectin as well as proven formulation, manufacturing, and regulatory expertise. The companies gummy manufacturing plant is certified by HACCP, GMP, organic, and Halal standards, as well as by Health Canada.
Strategy
Softigel aims at new product development through extensive research and development to advance its technology proprietary platform as well as manufacturing process improvement across the Procaps organization. This further helps in getting a large customer base across the various regions, which serves as a key strategy for the company’s growth. By collaborating closely with customers, Softigel tries to comprehend consumer needs to build a strong client base and foster brand loyalty. The company is establishing a solid presence worldwide in the gummy supplement market with high scale manufacturing facilities and a robust distribution network.
Besides this, the recent expansion policies adopted by the company are set to boost its market growth. To meet the rising US and global demand for development and manufacturing services of nutraceutical gummy goods, the company announced in February 2022 an expansion of the capacity of the Funtrition® business with a second gummy production plant located in South Florida, United States. The initial three-phase project included offices, logistics, warehousing, and packaging activities in the first and second stages, and then full gummy manufacture in the third phase. This new building is 62,000 square feet.
