Softgel Capsules Market Size, Trends, Growth, Opportunities 2023-2030 | Capsugel (Lonza) and Catalent, Inc.

The global softgel capsules market size was valued at USD 7.07 billion in 2023. It is projected to grow from USD 24.37 billion in 2023 to USD 7.46 billion in 2024 to USD 11.84 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period (2024-2032).

The global softgel capsules market is witnessing significant growth, driven by increasing consumer demand for convenient and effective supplements, medications, and nutraceutical products. With an expanding array of innovative formulations and enhancements in capsule technology, the market is set to thrive as it addresses consumer needs in health and wellness. Major industry developments, top market players, competitive dynamics, and emerging trends underscore the growth potential in this sector.

𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂'𝗿𝗲 𝗠𝗶𝘀𝘀𝗶𝗻𝗴: 𝗚𝗲𝘁 𝗮 𝗙𝗿𝗲𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗣𝗗𝗙) 𝗦𝗮𝗺𝗽𝗹𝗲: https://www.fortunebusinessinsights.com/enquiry/sample/softgel-capsules-market-103353

𝗞𝗲𝘆 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: 𝗟𝗮𝘂𝗻𝗰𝗵 𝗼𝗳 𝗜𝗰𝗼𝘀𝗮𝗽𝗲𝗻𝘁 𝗘𝘁𝗵𝘆𝗹 𝗔𝗰𝗶𝗱 𝗦𝗼𝗳𝘁𝗴𝗲𝗹 𝗖𝗮𝗽𝘀𝘂𝗹𝗲𝘀

In December 2023, Amneal Pharmaceuticals, Inc. and Strides Pharma Science Limited announced the launch of Icosapent ethyl acid softgel capsules. This innovative product, referencing the brand VASCEPA, was in-licensed from Strides and commercialized by Amneal in the fourth quarter of 2023. The launch highlights the growing trend of partnerships within the softgel capsules market, which allows for the distribution of advanced, in-demand products to meet the increasing consumer demand for effective heart health supplements and treatments.

𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗼𝗳𝘁𝗴𝗲𝗹 𝗖𝗮𝗽𝘀𝘂𝗹𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁

Key players in the softgel capsules market are making significant strides through research, innovation, and strategic partnerships. Some of the top companies in this market include:

• Capsugel (Lonza) (U.S.)
• Sirio Pharma Co., Ltd. (China)
• Catalent, Inc. (U.S.)
• Aenova Holding GmbH (Germany)
• Fuji Capsule Co., Ltd. (Japan)
• CAPTEK Softgel International Inc. (U.S.)
• Curtis Health Caps (Poland)
• EuroCaps Ltd (U.K.)

These companies are enhancing their product offerings to capture new segments of consumers seeking convenient, high-quality supplements and medications. Many are also investing in research and development to create more targeted, bioavailable formulations, which are increasingly popular in the nutraceutical and pharmaceutical industries.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀 & 𝗥𝗲𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀

The softgel capsules market is primarily driven by consumer preference for easy-to-swallow, efficient supplement delivery methods. Softgel capsules offer better absorption rates and faster bioavailability compared to traditional tablets or pills, making them an attractive choice in health and wellness. The trend toward preventive healthcare has also spurred demand, as consumers seek high-quality vitamins, minerals, and supplements in convenient formats.

Additionally, the market benefits from technological advancements in capsule production, enabling manufacturers to offer targeted release profiles and specialized formulations such as enteric coatings for better ingredient protection and absorption. Growth in ageing populations and awareness of nutritional supplementation is another strong driver, particularly in regions like North America and Europe.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝘁𝗿𝗮𝗶𝗻𝘁𝘀

Despite these growth drivers, high production costs and regulatory hurdles for softgel capsule formulations pose challenges. The gelatin capsules segment, which dominates this market, faces restrictions due to cultural and dietary preferences, leading to an increased demand for non-gelatin (vegetarian) alternatives. Regulatory approvals for new formulations and the need for quality control standards also impact the cost structure, making it challenging for smaller manufacturers to compete.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲: 𝗜𝗻-𝗱𝗲𝗽𝘁𝗵 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗧𝗿𝗲𝗻𝗱𝘀

The softgel capsules market report provides comprehensive insights into market trends, covering segmentation by type, application, end-user, and region. A detailed analysis of the gelatin capsules segment shows it is expected to lead the market due to its superior formulation advantages and versatility. The report also delves into competitive dynamics, market share analysis, growth forecasts, and regional trends, offering valuable insights for stakeholders, investors, and market entrants.

𝗙𝗼𝗿 𝗙𝘂𝗹𝗹 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲 𝗩𝗶𝘀𝗶𝘁: https://www.fortunebusinessinsights.com/softgel-capsules-market-103353

𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗗𝗿𝗶𝘃𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽

The competitive landscape of the softgel capsules market is marked by innovation, partnerships, and expansion into new product lines. Leaders such as Lonza and Catalent are focused on enhancing product quality, manufacturing capabilities, and supply chain efficiency to meet the demand for premium softgel capsules. The market has also seen a shift towards contract manufacturing, where companies like Sirio Pharma and EuroCaps provide customized softgel solutions for clients in various health industries. Strategic mergers and acquisitions further strengthen competitive positions, allowing companies to expand their reach and capabilities.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀: 𝗚𝗲𝗹𝗮𝘁𝗶𝗻 𝗖𝗮𝗽𝘀𝘂𝗹𝗲𝘀 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗦𝗲𝘁 𝘁𝗼 𝗟𝗲𝗮𝗱

The gelatin capsules segment is anticipated to remain dominant due to its high stability, versatility, and extensive application in various nutraceutical and pharmaceutical products. Gelatin's compatibility with a wide range of formulations and its effectiveness in preserving active ingredients are key factors supporting its leadership position. Although non-gelatin capsules are growing in popularity due to vegan and vegetarian preferences, gelatin capsules remain preferred for their superior efficacy and established market presence.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗟𝗲𝗮𝗱𝘀 𝘄𝗶𝘁𝗵 𝗛𝗶𝗴𝗵 𝗡𝘂𝘁𝗿𝗮𝗰𝗲𝘂𝘁𝗶𝗰𝗮𝗹 𝗗𝗲𝗺𝗮𝗻𝗱

The regional analysis reveals North America as the leading market, fueled by a strong consumer base for dietary supplements, preventive healthcare, and pharmaceutical innovation. Europe follows closely, with similar demand driven by an ageing population and increasing awareness of healthcare benefits. Asia-Pacific is projected to show significant growth as health awareness rises, along with increasing disposable incomes and expanding access to healthcare.

𝗙𝘂𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗰𝗼𝗽𝗲: 𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗶𝗻 𝗣𝗹𝗮𝗻𝘁-𝗕𝗮𝘀𝗲𝗱 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗙𝗼𝗿𝗺𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀

The future of the softgel capsules market looks promising, with trends indicating a shift toward plant-based alternatives and enhanced capsule technologies. As consumer demand for plant-based, non-gelatin capsules grows, manufacturers are likely to invest in novel formulations to cater to dietary preferences. Furthermore, technological innovations, such as targeted release profiles, and nano-encapsulation will continue to advance the market, making softgel capsules more appealing to consumers seeking effective, convenient, and high-quality supplements and medications.

𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗔𝗰𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝗧𝗼 𝗬𝗼𝘂𝗿 𝗖𝗼𝗻𝘃𝗲𝗻𝗶𝗲𝗻𝗰𝗲: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/softgel-capsules-market-103353

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This release was published on openPR.