Softgel Capsule Market to Reach USD 13.5 Billion by 2034

Pune, India, November 7, 2025 - The Global Softgel Capsule Market is projected to grow from USD 7.1 billion in 2024 to approximately USD 13.5 billion by 2034, registering a CAGR of 6.6% during the forecast period (2025-2034), according to Exactitude Consultancy. The market's expansion is fueled by the growing preference for easy-to-swallow dosage forms, expansion of nutraceutical applications, and ongoing innovations in gelatin and non-gelatin capsule technologies.

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Key Takeaways
• Market Size (2024): USD 7.1 Billion
• Forecast (2034): USD 13.5 Billion
• CAGR (2025-2034): 6.6%
• Key Segments: Type, Application, End User, and Region
• Leading Companies: Catalent Inc., BASF SE, Thermo Fisher Scientific Inc., Aenova Group, Lonza Group, Capsugel, EuroCaps Ltd., and Fuji Capsule Co. Ltd.

Market Story
Softgel capsules, known for their superior bioavailability and patient compliance, are increasingly favored across pharmaceutical, nutraceutical, and cosmetic industries. These capsules allow for precise dosing, faster absorption, and protection of sensitive ingredients such as omega-3 fatty acids, vitamins oils.

The market is witnessing a strong shift toward plant-based and vegan capsules made from hydroxypropyl methylcellulose (HPMC) and starch blends to meet ethical and dietary preferences. Moreover, manufacturers are investing in microencapsulation, sustained-release formulations, and improved shell stability to enhance efficacy and product lifespan.

The global surge in preventive healthcare, coupled with consumer awareness about immunity and wellness, continues to drive strong demand for functional foods-key application areas for softgel delivery systems.

Market Segmentation
By Type:
Gelatin-Based Softgels, Non-Gelatin (Vegetarian) Softgels

By Application:
Pharmaceuticals, Nutraceuticals, Cosmetics, Others

By End User:
Pharmaceutical Companies, Nutraceutical Manufacturers, Contract Manufacturing Organizations (CMOs), Research Laboratories

By Region:
North America, Europe, Asia Pacific, Latin America, Middle East & Africa

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Recent Developments
• Catalent Inc. expanded its softgel manufacturing capacity with a new high-speed encapsulation line in the U.S.
• BASF SE launched Phytocaps®, a plant-based softgel platform catering to vegan supplement demand.
• Lonza Group introduced Capsugel Vcaps® Plus, featuring enhanced oxygen protection for sensitive formulations.
• Aenova Group invested in sustainable gelatin alternatives to reduce animal-derived ingredients in capsule production.
• Thermo Fisher Scientific expanded its contract manufacturing services to include small-batch clinical softgel production.

Expert Insight
"Softgel capsules represent the future of oral dosage innovation. With sustainability, improved bioavailability, and consumer comfort driving development, manufacturers are now optimizing both pharmaceutical precision and nutraceutical appeal,"
- Lead Pharma & Nutraceuticals Analyst, Exactitude Consultancy.

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Market Drivers
• Health & Wellness Boom: Rising nutraceutical and supplement demand among aging and health-conscious consumers.
• Technological Advancements: Enhanced encapsulation processes improving stability and release control.
• Shift Toward Plant-Based Formulations: Growing preference for non-gelatin and allergen-free capsule materials.
• Pharma Outsourcing Growth: Increasing reliance on CMOs for customized capsule production.

Forecast & Regional Insights
North America dominates the global softgel capsule market, accounting for over 38% of total revenue in 2024, driven by robust nutraceutical consumption and strong pharmaceutical R&D. Europe follows, emphasizing plant-based softgels and regulatory compliance for clean-label supplements. The Asia-Pacific region is expected to grow at the fastest CAGR of 7.2%, fueled by expanding adoption in India, China, Japan, and South Korea.

Conclusion
The softgel capsule market is undergoing a significant transformation, fueled by consumer wellness trends, technological innovation, and the global shift toward clean, sustainable formulations. As encapsulation technology advances, softgels are emerging as a preferred delivery system across both nutraceutical and pharmaceutical industries.

This report is also available in the following languages : Japanese (ソフトジェルカプセル市場), Korean (소프트젤 캡슐 시장), Chinese (软胶囊市场), French (Marché des capsules molles), German (Markt für Weichgelatinekapseln), and Italian (Mercato delle capsule softgel), etc.

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