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Softgel Capsules Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Softgel Capsules Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Softgel Capsules Market Size During the Forecast Period?
In the past few years, the market for softgel capsules has experienced robust growth. The monetary value of this market is projected to climb from $8.29 billion in 2024 to $8.92 billion in 2025, representing a compound annual growth rate (CAGR) of 7.7%. Factors such as the pharmaceutical and nutraceutical industry's demand, the consumer's predilection for oral dosage forms, the potential for customization and formulation flexibility, superior bioavailability, and product distinction and branding have all contributed to this vigorous growth during the historical period.
The market size for softgel capsules is anticipated to experience substantial growth in the forthcoming years, reaching a value of $12.67 billion in 2029 with a compound annual growth rate (CAGR) of 9.2%. This robust growth during the predicted period can be ascribed to a growing healthcare sector, individualized and tailored healthcare services, burgeoning functional food and drink market, rising natural and organic inclination, emphasis on the geriatric demographic, and eco-friendly, sustainable initiatives. Foremost trends expected during this projection period encompass nutraceutical innovation, sustainability drives, preference for natural and organic products, and regulatory adherence.
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What Are the High-Growth Segments in the Softgel Capsules Market?
The softgel capsules market covered in this report is segmented -
1) By Type: Gelatin Or Animal Based, Non-Animal Based
2) By Manufacturers: Pharmaceutical Companies, Nutraceutical Companies, Cosmeceutical Companies, Contract Manufacturing Organizations, Softgel Capsules
3) By Application: Antacid And Anti-Flatulent Preparations, Anti-Anemic Preparations, Anti-Inflammatory Drugs, Antibiotic And Antibacterial Drugs, Cough And Cold Preparations, Health Supplement, Vitamin And dietary supplement*, Pregnancy
Subsegments:
1) By Gelatin Or Animal Based: Porcine Gelatin, Bovine Gelatin, Fish Gelatin
2) By Non-Animal Based: Vegetarian Capsules, Gelatin Alternatives
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What Key Drivers Are Expected to Influence Future Softgel Capsules Market Growth?
The growth of the soft gel capsules market is projected to be fuelled by the increasing prevalence of chronic illnesses such as cardiovascular conditions. Chronic diseases are generally categorized as ailments that endure for a year or more, including a range of conditions like cancer, heart disease, stroke, diabetes, and arthritis. These illnesses, while manageable, are often incurable and necessitate continuous medical care and nutritional support. Soft gel capsules play a crucial role in providing the essential dietary supplements to individuals living with chronic diseases, which in turn elevates their demand in response to the growing number of chronic disease patients. For example, a study conducted by the Indian Council of Medical Research and the Registrar General and Census Commissioner of India in September 2022 highlighted that India accounts for roughly 60% of the worldwide heart disease burden. As of World Heart Day in 2022, about 17.9 million lives globally were lost due to cardiovascular diseases, the primary reason for mortality globally. Hence, the escalating occurrence of chronic conditions like cardiovascular diseases is expected to give rise to the soft gel capsules market.
Which Companies Hold the Largest Share Across Different Softgel Capsules Market Segments?
Major companies operating in the softgel capsules market are Catalent Inc., Eurocaps Ltd., Aenova Group GmbH, Sirio Pharma Co. Ltd., Procaps Laboratories Inc., Captek Softgel International Inc., Fuji Capsule Co. Ltd., Hunan ER-KANG Pharmaceutical Co. Ltd., Curtis Health Caps SA, Delpharm Holding SAS, Estrellas Life Sciences Pvt. Ltd., Elnova Pharma LLP, Soft Gel Technologies Inc., Weihai Baihe Biology Technological Co. Ltd., United Laboratories, Robinson Pharma Inc., Thermo Fisher Scientific Inc., Best Formulations Inc., DCC PLC, Biophar Lifesciences Pvt. Ltd., Swisschem Healthcare, Krishlar Pharmaceuticals, Amzor Healthcare Pvt. Ltd., Medgel Pvt. Ltd., Amway Corp., Welex Laboratories Pvt. Ltd., NutraScience Labs Inc., Nutrifynn Caps Inc., NutraPak USA, Nutrafill LLC, Nutricap Labs LLC, Nutra Manufacturing Inc., Ion Labs Inc., Vitakem Nutraceutical Inc., Private Label Nutraceuticals LLC, NutraLab Canada Ltd., Makers Nutrition LLC
What Trends Are Driving Growth in The Softgel Capsules Market?
The rise in technology is a significant trend making waves in the softgel capsules market. To maintain their market dominance, sizable firms in the softgel capsules sector are concentrating on the generation of novel products using state-of-the-art technology. For instance, in April 2023, International Flavors & Fragrances (IFF), Inc., a company based in the US and specialising in the manufacture of flavors, fragrances, and cosmetic actives, unveiled VERDIGEL SC. This new pectin-based innovation is set to expand the vegan softgel portfolio of the company. VERDIGEL SC, a unique carrageenan-free vegan softgel technology, offers a pectin-based premix that delivers prime softgel quality, effectiveness, and process efficiency. It is designed to seamlessly integrate into current operations, needing only the addition of water and a plasticizer to create high-performance softgels, making it versatile for an array of formulations.
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What Are the Emerging Geographies for The Softgel Capsules Market Growth?
North America was the largest region in the soft gel capsules market in 2024. The regions covered in the softgel capsules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Softgel Capsules Market?
2. What is the CAGR expected in the Softgel Capsules Market?
3. What Are the Key Innovations Transforming the Softgel Capsules Industry?
4. Which Region Is Leading the Softgel Capsules Market?
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