Press release
Global Softgel Capsules Market Projected to Grow at 9.2% CAGR, Reaching $12.66 Billion by 2029
Softgel Capsules
What Will the Softgel Capsules Industry Market Size Be by 2025?
Recently, the softgel capsules market has seen significant growth, expanding from $8.29 billion in 2024 to $8.92 billion in 2025 with a compound annual growth rate (CAGR) of 7.7%. Factors contributing to this growth in the historical period include the demand in pharmaceutical and nutraceutical sectors, the preference of consumers for oral dosages, adaptability in formulation and customization, improved bioavailability, as well as product differentiation and branding.
What's the Long-Term Growth Forecast for the Softgel Capsules Market Size Through 2029?
The market size for softgel capsules is predicted to witness robust expansion in the upcoming years, reaching a figure of $12.67 billion by 2029, with a compound annual growth rate (CAGR) of 9.2%. The expected acceleration during the forecast period can be credited to the growing healthcare sector, custom-oriented healthcare, functional food and beverage sector, natural and organic inclinations, focus on the elderly demographic, and environmentally sustainable initiatives. The forecast period is further characterized by leading trends such as innovation in nutraceuticals, efforts towards sustainability, preference for organic and natural possibilities, and embracing regulatory compliance.
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What Are the Key Growth Drivers Fueling the Softgel Capsules Market Expansion?
The soft gel capsules market's growth can be attributed to the increasing occurrence of chronic conditions such as cardiovascular diseases. Chronic ailments that last a year or longer, including cancer, heart disease, stroke, diabetes, and arthritis are termed chronic diseases. Despite their incurability, these widely prevalent chronic conditions can be managed with constant nutrition and medical attention. Soft gel capsules play a pivotal role in providing the requisite nutritional supplements to patients suffering from these chronic conditions thereby escalating its demand. The rising instances of chronic ailments have propelled the necessity of soft gel capsules. For instance, the study conducted by the Indian Council of Medical Research and the Registrar General and Census Commissioner of India in September 2022 revealed that approximately 60% of the globally reported heart disease cases are from India. As of World Heart Day 2022, cardiovascular disease has claimed a shocking 17.9 million lives worldwide, making it the number one cause of death globally. Consequently, the surge in chronic conditions like cardiovascular diseases is expected to fuel the soft gel capsules market's growth.
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What Are the Key Trends Driving Softgel Capsules Market Growth?
The rise of technological innovations is a significant trend influencing the softgel capsules market. A key strategy of leading companies in the softgel capsule industry is the development of novel products through state-of-the-art technologies in order to solidify their market standing. For instance, in April 2023, US-based International Flavors & Fragrances (IFF), Inc., a manufacturer of flavors, fragrances and cosmetic actives, unveiled VERDIGEL SC, an unprecedented pectin-based technology expanding its vegan softgel collection. The novel, carrageenan-free, vegan softgel technology provided by VERDIGEL SC delivers ultimate quality, efficacy, and process efficiency. Its integration into existing operations is seamless, necessitating just the inclusion of water and a plasticizer to fabricate high-performance softgels, rendering it ideal for a wide array of formulations.
How Is the Softgel Capsules Market Segmented?
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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Which Companies Are Leading the Charge in Softgel Capsules Market Innovation?
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
Which Regions Are Leading the Global Softgel Capsules Market in Revenue?
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.
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